This part of the world is famous for its abundant productive age population which constructs an exciting field for retail forex brokers. However, they may face a unique market where maneuvers are needed.
A new breed of binary options that facilitates bets on virtual currencies has been launched. This marks a new effort by an online trading community to ease bitcoin trading for a wider audience.
CySec has issued warning against SiliconValley Markets and fxttcm.co.uk, as there are others regulated forex brokerages who operate under similar domains.
Mt.Gox has obtained temporary bankruptcy protection in the US. Add to that, there is rumour of extortions from anonymous hacker for Mt.Gox clients to pay to have their datas removed.
As a part of efforts to rediscover ways to enhance their profile and compete in tempting new traders, at least four retail brokers released good news of rebranding to new offerings.
Russian regulator is on the way to curb Russian brokers' moves. Russian Parliament is going to vote on a new forex regulation that will put caps on leverage and monitor forex ads closer.
After a series of disaster ensued, Mt.Gox has gone MIA (Missing In Action). A year ago, they hold almost 80% of bitcoin trading, but recent turmoils have left it with less than half of it.
