They were forced to withdraw. Which part are you still not understanding of the ruling communique. Stop reading press releases of companies and instead focus on the particulars of the ruling agreement.
GAIN is the only place NT can hook up with. OANDA seems to be doing a lot of tech development. But, NT is more used to working with the older industry models. The brokerage acquisition was in response to lagging behind the fintech innovations. Can you imagine waiting another 5-8 years for NT9? They are just a broker with an expensive toy platform now. OANDA shows promise. I don't think they have been busted on anything, yet. Strange.
OANDA has made honesty and transparency their competitive advantage since day 1. They may still have some tricks they're hiding, but it seems to run counter to the brand they've put so much effort into building so it wouldn't make much sense.
The remaining US FX brokers are terrible. Most all of these last FX brokers have poor user ratings and in the end you are stuck with junk Dodd-Frank damaged FX rules. I am so glad I moved to all offshore brokers right after FXDD left the US markets...best move I could have made.
and why would they need to trick? Care to take a look at their average spreads in the G10 currencies? They earn a boat load from punters who do not know better or do not have the minimum required account balance to trade with more competitive outlets.
It looks like FXCM is about to get sued too. A US law firm has launched an investigation on potential claims against forex brokerage FXCM Inc. concerning possible violations of the federal securities laws, the company announced in a statement. It seems, the law firm is seeking to form a collective lawsuit for former shareholders.
About time. A wonder how FXCM lasted this long amid all those rumors for over a decade. What about TD Ameritrade or IB. Is forex trading with them "safe"?
Scambags..$7mln...they should`ve left them with no pants!God bless America!Keep frying them scams all over the world!
Forex group Forex Capital Markets said it will change the name of the holding company FXCM Inc. to Global Brokerage Inc. As part of the on-going changes, the company’s ticker on the NASDAQ Global Market will change to GLBR from FXCM and the management will undergo major switch. The changes aim “to avoid any possible confusion among customers or others”, whatever that means.