Online forex broker XM has opened a special chance for you to put your name in a lucky draw contest to get luxury holiday package in Dubai, including two nights in Burj Al-Arab. Beside of this tempting promotion, the Cyprus-based forex broker also offers several credit bonuses that seemed delicious. Are you interested?
The Sydney Morning Herald on May 10 reported that an employee of National Australia Bank and an official of Australian Bureau of Statistics were arrested by Australian Federal Police on charges of forex insider trading. NAB employee Lukas Kamay is suspected of using his friend access, ABS official Christopher Russell Hill, to get unreleased economic data which subsequently used to trade in forex market.
Legal challenges around cryptocurrency, particularly bitcoin, is nothing new. Cryptocurrency lies outside legal boundary; as nothing could completely regulate internet, so does no one could entirely control bitcoin. Even so, for a currency to be able to play its part in the community, some sort of trust on its value and ability to be used comfortably must be established.
It seems, online forex broker FXOpen is seriously trying to attract fans from bitcoin community. First, there is the swap-free crypto account where people could trade 4 kinds of virtual currencies among themselves and with old-fashioned currency. Then here we have an article writing contest and crypto account bonus deposit.
Forex industry is not only thrive on technology advances and human's competitive nature, but also controversy. One example is cryptocurrency such as bitcoin, litecoin, etc which spread like a wildfire since its appearance a few years ago. Another controversial issue is binary option.
Forex industry is an extremely competitive business, be it among retail traders or retail brokers. If traders are competing in demo and live forex trading competition, then the brokers are competing in providing the biggest prize. In that competition, we could say that Armada Markets might have won the prize with the launch of Armada Demo Cup 2014.
The annual Asian Forex Championship is back, now with total prize fund of USD 12000. Sponsored by renowned forex broker FXOpen, the championship will enthrone the winner with the title of Best Asian Trader and grant him (or her!) USD 3000.
No one can say that forex industry crowd are not innovative enough. Presumably inspired by Facebook acquisition of WhatsApp, forex broker Dukascopy releases free instant messaging service Dukascopy Connect.
Forex industry interest have met legal challenges in Vietnam, Malaysia, and Indonesia, but Australia, New Zealand, and Singapore, are prepared to welcome global forex trade expansion to the East.
Back in December 2013, People's Bank of China has ruled that financial institutions are forbidden to handle any transaction using Bitcoin. Worlwide bitcoin price tumbled for a while afterward. However, they still leave bitcoin exchanges and related service providers alone. Still, it seems that the rule poses a challenge for China-based Bitcoin exchanges and Bitcoin itself in China.
