FxPro Rolls Out Spread Betting Platform FxPro Edge

FxPro, a Europe-regulated forex and CFD broker, has rolled out FxPro Edge, a spread betting platform for its UK-based clients. The new spread betting option is visible only to FxPro clients with a UK IP address. Spread betting – increasingly popular in the UK Spread betting has become fairly popular in the UK, mainly because…

Continue Reading

Pound Touches Six-Week Low Amid Tight UK Election Risk

The British pound has come under pressure after the release of a poll which suggested that Theresa May’s Conservative Party may fall short of majority in next week’s election. The U.K. pound declined 0.5 percent to $1.28, after earlier touching $1.2788. This is still above Friday’s low of $1.2776. Hung parliament YouGov, the polling group…

Continue Reading

Pepperstone Halts Trading Operations In UK

Pepperstone, a leading Australian forex broker founded in 2010, has suspended trading for clients in its UK subsidiary Pepperstone Limited. All positions must be closed out by 5pm GMT on Thursday, March 9, 2017. If traders do not close their positions until this date, they will be closed automatically. Regulatory issue In September last year,…

Continue Reading

Pound Takes A Nosedive Amid Brexit Fears

The pound fell against the U.S. dollar on Monday, after it was claimed that British Prime Minister Theresa May will signal plans to quit the EU single market. The UK currency fell as much as 1.6 percent to a low of $1.1986, a level last seen during October’s flash crash, when it briefly hit $1.18….

Continue Reading