Broker Updates on Mar 8-14

Vietnam

Forex TradingVolume

1. According to the broker‘s numbers, the total volume of forex trading last month stood at $119.8 billion, increasing only 1.3 percent from January’s $118.2 billion. The average daily volume (ADV) in the month increased marginally to $6 billion from the previous months $5.9 billion.

New Growth

2. Interactive Brokers LLC (NASDAQ:IBKR) has announced a new milestone growth, this time with the number of fee-generating trades hitting 3.7 million in February amid a surge in activity from people stuck at home during the coronavirus pandemic.

Trading Volumes

3. 2020 was impressive for the entire brokerage industry as the retail demand skyrocketed with the Covid-spurred market volatility. Admiral Markets was no exception to benefit from this as its yearly trading volumes increased by 68 percent to €998 billion.

Trading Metrics

4. GMO Click, the Japanese retail brokerage giant, has published the trading metrics of the various platforms managed by it for February 2021, showing minor recovery on a monthly basis but a significant year-over-year rise in demand.

IB Competition

5. Tickmill's annual IB competition in Asia, MENA, Latin America and other regions. The IB Global Championship allows an IB to accumulate points based on the client's trading volume. The period is from February 15, 2021 to June 15, 2021. The total prizes value of over $ 65,000 will be divided equally among 4 regions: Asia, ΜΕΝΑ, Latin America and other regions.

Indonesia

Domain Blacklist

6. Binomo & 20 Fraudulent investment which was closed by Bappebti

Domain List of Entities Conducting SPC Activities without Permit from Bappebti Blocked In February 2021:

² AAA Trade https://aaatrade.com

² Best Forex Cashback https://bestforexcashback.com

² BFX Rebate https://103.77.107.244/

² BIC Markets https://bicfx.com

² Bigboss Financial https://bigboss-financial.com

² Binomo https://binomo-webtrading.com

² Binomo https://binomo.zendesk.com

² Binomo https://binomo-login.com

² Binomo https://binomo-platform.com

² Binomo https://binomo-site.com

² Binomo https://daftarbinomo.net

² Blackwell Global https://blackwellglobal.com

² Blueberry Markets https://blueberrymarkets.com

² Bluesuisse https://bluesuisse.com

² BMFN https://bmfn.com

² CDO Markets https://cdomarkets.com

² Charter Prime https://charterprime.com

² CK Markets https://ckmarkets.com

² Core Liquidity Markets https://clmforex.com

² Cresco Fx https://crescofx.com

Thailand

Email Phishing

7. Fake emails purporting from the US National Futures Association (NFA) have been sent to potential market participants, according to a regulatory statement. The NFA recommends that anyone who clicked on any link or image in the email immediately notify the appropriate individuals in their firm of the incident.

Japan

Transaction Data

8. Over-The-Counter Retail FX Margin Trading / Regarding Required Amount for Separate Management (Deposit Amount Information)

Commonwealth of Independent States (CIS)

Crypto CFDs

9. Admiral Markets has announced that it is phasing out crypto CFDs. The reason for the introduction of the new rules for the conclusion of a trail was the directive PS20 / 10, recently published by the British FCA.

Forex broker Admiral Markets has a branch in the UK, therefore it must comply with the FCA. The regulator decided to prohibit the offering of cryptocurrency instruments to retail customers and issued a directive. The latter has already entered into force.

Ceased Work

10. Currently, the activities of GKFX Internet Yatirimlari Limited Sirketi as part of the international company Global Kapital Group have completely ceased to work. According to official data, such a cardinal decision was made in connection with the tightening of the regulatory policy concerning the forex industry and the complication of payment processes in the Federation.