It looks like we are ending the month without new Forex companies. This week, the following brokers have received some updates:
AMEGA now requires sending paper documents via post to finalize account opening. The operating company has changed from 1XCorp N.V. to Amega Ltd. Scalper account type has been introduced. Spreads have been lowered in PAMM and Mini accounts. Premium accounts now have reduced margin call and stop-out levels: 50% and 20% — down from 100% and 100%. Mini accounts are now limited to MT5 trading platform and 1:100 maximum leverage, however, they now allow hedging.
AxiTrader is now regulated by FSCL in New Zealand. The company has offices in China, New Zealand, and Philippines. Deposits and withdrawals can now be performed via Neteller payment system. The company now offers bonuses and Islamic accounts. Though it stopped offering segregated accounts.
BDSwiss opened an office in Philippines.
JFD Brokers has rebranded into JFD Bank. They now have an office in Vanuatu but closed their office in Czech Republic. Payments are now accepted also via SOFORT. Margin call and stop-out levels have been lowered from 125% and 100% to 100% and 50% respectively.
AL Trade has been delisted as the broker is no longer operating.
Whaleclub has been delisted as a scam broker.
If you have any questions or comments regarding any of the latest Forex brokers updates, please feel free to reply using the form below.
