FX week in review: What FTMO paid for OANDA, cFinancial launch, City Index rebrand, IG layoffs, Valutrade rumors
What did prop firm FTMO pay to acquire OANDA? How much revenue does FTMO bring in? What is FTMO's largest market?
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Forex broker rankings
View all broker rankingsDeposit $200Spread 0.0 pipsLeverage 1:30
Deposit $0Spread 0.0 pipsLeverage 1:1000
Deposit $100Spread 0.9 pipsLeverage 1:30
Deposit $0Spread 0.0 pipsLeverage 1:30
Deposit $5Spread 0.8 pipsLeverage 1:30
Deposit $25Spread 0.0 pipsLeverage 1:30
Deposit $50Spread 0.2 pipsLeverage 1:30
Deposit $100Spread 0.6 pipsLeverage 1:30
Deposit $100Spread 0.6 pipsLeverage 1:30
Deposit $100Spread 0.0 pipsLeverage 1:30
Deposit $200Spread 0.0 pipsLeverage 1:30
Deposit $0Spread 0.0 pipsLeverage 1:1000
Deposit $100Spread 0.9 pipsLeverage 1:30
Deposit $0Spread 0.0 pipsLeverage 1:30
Deposit $5Spread 0.8 pipsLeverage 1:30
Deposit $25Spread 0.0 pipsLeverage 1:30
Deposit $50Spread 0.2 pipsLeverage 1:30
Deposit $100Spread 0.6 pipsLeverage 1:30
Deposit $100Spread 0.6 pipsLeverage 1:30
Deposit $100Spread 0.0 pipsLeverage 1:30
Deposit $0Spread 0.0 pipsLeverage 1:30
Deposit $0Spread 0.6 pipsLeverage 1:30
Deposit $0Spread 0.7 pipsLeverage 1:30
Deposit $0Spread 0.0 pipsLeverage 1:50
Deposit $100Spread 0.0 pipsLeverage 1:30
Deposit $1,000Spread 0.0 pipsLeverage 1:30
Deposit $0Spread 0.1 pipLeverage 1:50
Deposit $0Spread 1.0 pipLeverage 1:30
Deposit $0Spread 0.5 pipsLeverage 1:30
Deposit $1Spread 0.0 pipsLeverage 1:50
Deposit $200Spread 0.0 pipsLeverage 1:30
Deposit $0Spread 0.0 pipsLeverage 1:1000
Deposit $0Spread 0.0 pipsLeverage 1:500
Deposit $0Spread 0.0 pipsLeverage 1:30
Deposit $5Spread 0.8 pipsLeverage 1:30
Deposit $200Spread 0.0 pipsLeverage 1:500
Deposit $100Spread 0.0 pipsLeverage 1:30
Deposit $100Spread 0.9 pipsLeverage 1:30
Deposit $10Spread 0.0 pipsLeverage 1:~
Deposit $25Spread 0.0 pipsLeverage 1:30
Latest forex broker news and intelligence
View all news
The Retail CFD Industry Is Running Out of FX
Currency pairs made up 13.7% of the volume retail brokers reported in the second quarter, down from 26.8% a year earlier, FM Intelligence said today (Monday). Monthly FX volume across the brokers it tracks fell to $4.2 trillion from $6.4 trillion. Volume in index, commodity, equity and crypto CFDs rose over the same...
Weekly Wrap-Up: FTMO's $422 Million OANDA Deal; CySEC Names New Chair
The week brought a mix of major transactions, regulatory changes and restructuring across the retail trading and financial services sectors. FTMO's acquisition of OANDA was put into sharper focus after the prop trading firm disclosed the price paid for the broker, while Cyprus moved towards a new leadership at its...
AUD/USD Price Forecast: Doji high guards bulls as Fed bets bite
The AUD/USD ended the day in the green but finished the week 0.45% lower amid growing bets that the Fed will raise rates next week, boosting the US Dollar. Nevertheless, on Friday, the pair traded at 0.7171, up a decent 0.38%.
Singapore Dollar: Downside bias capped with 1.2705 against US Dollar - UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/SGD has rebounded strongly, with short-term momentum pointing higher but key resistance at 1.2705 expected to limit gains.
investingLive Americas FX news wrap 11 Sept: US CPI raises odds for Fed rate hike
US stocks rebound sharply, but major indices still close lower for the week Bitcoin sellers regain the short-term advantage ahead of weekend trading Why the Saudi Arabian pipeline strike is such a big deal JPMorgan now sees the Fed hiking in September and December US August Federal budget deficit $167 billion vs $404...
USD/CHF Price Forecast: Bulls break 0.8150 as CPI fuels Fed bets
The USDCHF climbs over 0.40% on Friday after US consumer inflation data, coupled with Thursday's PPI, pushed investors to price in a Fed interest rate hike at next week's meeting. The pair trades at 0.8165 after rebounding from daily lows of 0.8124.
Taiwan Dollar: CBC seen on hold before December hike - DBS
DBS Group Research expects Taiwan's central bank to keep its policy rate unchanged on September 17, before raising it to 2.125% in December.
Crude Oil buckles early and grinds back on talk of a Hormuz arrangement
West Texas Intermediate (WTI) trades near $97.00, about 3.4% lower and on track for its first down session in five.
CFDs Account for 35% of EU Retail Complex-Product Trades, ESMA Finds
More than 10 million EU retail investors traded derivatives or structured products between 2022 and 2025, with contracts for difference accounting for 35% of transactions in complex products, according to new analysis by the European Securities and Markets Authority. London's trading industry is coming home! The...
Chinese Yuan: Bullish bias fades against dollar - UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann reports that USD/CNH has bounced sharply to 6.7153, with intraday gains likely capped near 6.7200.
Silver Price Forecast: Neckline failure keeps bears in control
Silver price registers gains of over 1%, yet it is trading below the 'head and shoulders' neckline, an indication that the overall trend in the short-term may be tilted to the downside. The XAG/USD trades at $64.24, after bouncing off daily lows of $62.94.
Robinhood Crypto Volumes Jump 61%, but Remain 38% Below Last Year
Cryptocurrency trading volumes across Robinhood and Bitstamp increased 61% month over month to $17.5 billion in August, although activity remained 38% below the previous year's level. London's trading industry is coming home! Bitstamp generated $10.1 billion of the total, exceeding the $7.4 billion traded through the...
Event Contract Marketing in Europe May Require EU Authorisation, ESMA Says
Platforms marketing or selling event contracts in Europe may need authorisation under financial, crypto-asset or national gambling rules, ESMA said. London's trading industry is coming home! In the latest Trends, Risks and Vulnerabilities report , regulator added that the largest prediction-market platforms do not...
Singapore Tests Cross-Bank AI to Flag Scam Accounts in Near Real Time
Singapore is moving fraud detection beyond the data held by individual banks, testing whether financial institutions, law enforcement and the regulator can identify suspicious payment chains through a shared testing setup. London's trading industry is coming home! The Monetary Authority of Singapore (MAS) is working...
FxPro Joins Retail Brokers in Weekend Trading Adding Gold, Oil and Nasdaq
FxPro has introduced weekend trading for five instruments covering gold, silver, WTI crude oil, natural gas and the Nasdaq index. The move follows similar expansions in trading hours by other retail brokers. Vantage launched a 24/7 gold CFD in July, while CMC Markets added weekend gold trading in April. XM introduced...
Peratera Appoints Commercial Director After Nearly Three Years at IFX Payments
John Kinghorn has joined Peratera as Commercial Director, following more than two decades in partnerships, business development and relationship management roles across payments and financial services. "One of the biggest challenges for brokers and financial services firms is finding the right mix of traditional and...
Spotware turns liquidity provider as cFinancial debuts in Dubai
Spotware Systems is becoming a liquidity provider in its own right. The cTrader vendor will debut cFinancial, an institutional liquidity arm, at Forex Expo Dubai 2026 on 22 and 23 September, giving it a three-part stack of platform, bridge and liquidity sold by a single supplier. The launch changes Spotware's...
CME Group to Launch Treasury Clearing House on 7 December
CME Group said Thursday that it will launch CME Securities Clearing on 7 December. The move is said to offer market participants a new option to clear US Treasury cash and repo transactions and comply with the SEC's central clearing mandate, pending regulatory approvals. The derivatives exchange operator noted that...
Interactive Brokers adds ChartTrading buttons, Futures Trading Layout to IBKR Desktop platform
Electronic trading major Interactive Brokers has released version 3.5 of the IBKR Desktop platform.
Fidelity Investments customers can now trade stocks and ETFs on TradingView
TradingView has expanded trading opportunities for its U.S. community with the addition of Fidelity Investments to its list of partner brokers.
CMC Markets Opens the Overnight US Session to Fractional Share Orders
CMC Markets has extended 24/5 US share trading to CMC Invest, its retail investing platform, the London-listed broker said today (Thursday). Fractional shares trade in the same window. Orders placed in the extended and overnight sessions accept every order type CMC offers, including market orders, it said. In July CMC...
Exclusive: TIOmarkets hires IC alum Andis Papageorgiou as CTO
Andis Papageorgiou spent six years at leading online broker IC, ending his tenure at IC late last year as Global Head of Engineering.
Dubai regulator DFSA impersonated in blockchain settlement scam
These communications seek to mislead recipients into making further payments to access or recover funds, a common scam feature.
CySEC Flags 10 Websites as Unauthorised for Investment or Crypto Services
The Cyprus Securities and Exchange Commission (CySEC) has warned investors against 10 websites that might be offering investment or crypto-asset-related services without authorisation in Cyprus. In a warning dated 4 September 2026, the regulator said the websites do not belong to entities authorised to provide...
CySEC warns public against dealing with nine unauthorized investment firms
The Cyprus Securities and Exchange Commission (CySEC) today issued a warning to the public regarding nine unauthorized entities.
FCA decides to ban and fine Daniel Thomas over unauthorised pension transfer advice
The FCA has decided to ban Daniel Thomas from working in financial services and fine him £742,700 after finding he recklessly gave defined benefit pension transfer advice he was neither qualified nor allowed to give.
Consumers warned to beware of risky mini-bonds and loan notes
The FCA is warning consumers about the risks of investing in loan notes and mini-bonds issued by unregulated companies, after continuing to see people lose money in these high-risk investments. The recent failure of Woodville Consultants Ltd, a litigation funder that raised capital from retail investors through...
Understand forex broker regulation
Find regulatory authorities, review licence records and see which legal entity may hold your account.
Regulators by countryWhich authority licenses retail forex where you are.Find my regulator
All regulatory authorities49 authorities on the database, rated AAA to C.Browse all regulators
Regulated brokers73 brokers holding a tier-one licence record.See regulated brokers
Official warningsWarnings, investor alerts and clone notices, with sources.Check the warnings
Latest broker reviews
Read independent editorial assessments and recent experiences submitted by retail traders.
IC MarketsEditorial score9.6/10IC Markets stands out for an ASIC licence, 19 years of operating history, raw spreads from 0.0 pips and MetaTrader 4 and 5.
Last reviewed date: 26 August 2026Read review
TabTradeEditorial score9.4/10TabTrade stands out for raw spreads from 0.0 pips, a low minimum deposit of $0, MetaTrader 5 and copy trading. The main issues to consider are offshore-only regulation, no negative balance protection and no compensation scheme.
Last reviewed date: 26 August 2026Read review
XMEditorial score9.2/10XM stands out for a CySEC licence, 17 years of operating history, a low minimum deposit of $5 and MetaTrader 4 and 5. The main issues to consider are an inactivity fee.
Last reviewed date: 26 August 2026Read review
AdmiralsEditorial score9.0/10Admirals stands out for an FCA licence, 25 years of operating history, raw spreads from 0.0 pips and a low minimum deposit of $25. The main issues to consider are an inactivity fee.
Last reviewed date: 26 August 2026Read review
eToroEditorial score9.0/10eToro stands out for an FCA licence, 19 years of operating history, raw spreads from 0.2 pips and a low minimum deposit of $50.
Last reviewed date: 26 August 2026Read review
Markets.comEditorial score9.0/10Markets.com stands out for a CySEC licence, 18 years of operating history, MetaTrader 4 and 5 and automated trading support. The main issues to consider are an inactivity fee.
Last reviewed date: 26 August 2026Read review
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No published items are currently available in this section.
User reviews describe individual experiences. They are moderated but are not endorsements or findings by 88 Forex Brokers.
Broker office field surveys
View reports from visits to addresses associated with brokers, licensed entities and regulatory records.
Office confirmedNo office foundUnable to verify
Office not foundTradefxProfit: nothing at 82 Whitechapel High Street
TradefxProfit gives 82 Whitechapel High Street in east London as its office. The team went in, checked the directory and walked the floor, and found no trace of the company.
Office not foundAccessFinance: not on the directory at 8 St James's Square
AccessFinance lists an office at 8 St James's Square in the West End. The building's lobby directory carries every tenant, and AccessFinance is not among them.
Address mismatchBrait FX: the office address is a supermarket
Brait FX publishes 1 Brewhouse Yard in Clerkenwell as its office. The address is a supermarket, with shelves of groceries where a reception would be.
Office not foundReliable FX Trades: unknown at the front desk of 5 New Street Square
Reliable FX Trades names 5 New Street Square, a large modern office block off Fetter Lane. The building's reception had never heard of the company.
A field survey records what was observed at a specific address on a specific date. It does not by itself determine whether a broker is legitimate or suitable.
Retail trading position data
Explore available long and short positioning, volume ratios and position distribution across selected instruments and reporting sources.
Long/short positions
69.3% of retail traders are long Gold
Long 69.3%Short 30.7%
Share of retail traders holding the instrument long, by count. Weighted across 8 sources. Last updated 13 Sep 2026, 19:30 UTC.
59.3% of retail traders are short EUR/USD
Long 40.7%Short 59.3%
Share of retail traders holding the instrument long, by count. Weighted across 9 sources. Last updated 13 Sep 2026, 19:30 UTC.
58% of retail traders are long Bitcoin
Long 58%Short 42%
Share of retail traders holding the instrument long, by count. Weighted across 4 sources. Last updated 13 Sep 2026, 19:30 UTC.
51.3% of retail traders are short GBP/USD
Long 48.7%Short 51.3%
Share of retail traders holding the instrument long, by count. Weighted across 9 sources. Last updated 13 Sep 2026, 19:30 UTC.
73.9% of retail traders are long USD/JPY
Long 73.9%Short 26.1%
Share of retail traders holding the instrument long, by count. Weighted across 9 sources. Last updated 13 Sep 2026, 19:30 UTC.
58.3% of retail traders are short Nasdaq 100
Long 41.7%Short 58.3%
Share of retail traders holding the instrument long, by count. Weighted across 3 sources. Last updated 13 Sep 2026, 19:30 UTC.
50.9% of retail traders are short USD/CAD
Long 49.1%Short 50.9%
Share of retail traders holding the instrument long, by count. Weighted across 9 sources. Last updated 13 Sep 2026, 19:30 UTC.
70.3% of retail traders are short AUD/USD
Long 29.7%Short 70.3%
Share of retail traders holding the instrument long, by count. Weighted across 9 sources. Last updated 13 Sep 2026, 19:30 UTC.
By broker
OANDA83.3% long
Dukascopy71.2% long
InstaForex71.2% long- FXFX Blue69.8% long
- XM68.9% long
- FXFXSSI65.3% long
- AMAMarkets62.4% long
- MyMyfxbook55.1% long
- InstaForex53% long
- FXFX Blue52.8% long
- FXFXSSI56.6% short
- AMAMarkets57.2% short
- XM61% short
- OANDA61.4% short
- MyMyfxbook62.5% short
- Dukascopy65.6% short
- FIFIBO Group85% short
- MyMyfxbook58.1% long
- FXFXSSI57.6% long
- AMAMarkets52.4% long
- Dukascopy57.3% short
- OANDA57.5% long
- FXFX Blue53.9% long
- InstaForex50.3% long
- FXFXSSI51.2% short
- MyMyfxbook56% short
- AMAMarkets60.4% short
- XM64.8% short
- Dukascopy69.9% short
- FIFIBO Group92% short
- MyMyfxbook82.5% long
- FXFX Blue79.7% long
- AMAMarkets75.2% long
- FIFIBO Group73% long
- OANDA71.7% long
- FXFXSSI67.3% long
- XM55.7% long
- InstaForex53.2% long
- Dukascopy74% short
- AMAMarkets50.4% long
- FXFXSSI61.6% short
- Dukascopy71.7% short
- FIFIBO Group88% long
- AMAMarkets64.4% long
- MyMyfxbook63.9% long
- InstaForex62% long
- Dukascopy58.8% long
- XM57.8% long
- FXFXSSI57.6% short
- FXFX Blue63.2% short
- OANDA64% short
- InstaForex71% long
- AMAMarkets52.7% long
- OANDA51.6% short
- FXFXSSI60.3% short
- FXFX Blue63% short
- Dukascopy73.4% short
- XM75.7% short
- FIFIBO Group77% short
- MyMyfxbook90.1% short
Most one-sided right now
- Dow Jones88.6% long
- Ether85.7% long
- GBP/JPY79.1% long
- Silver74.9% long
- DAX 4074.8% long
- USD/JPY73.9% long
- EUR/AUD72.9% long
The crowd tends to be most lopsided at the end of a long move. Data source: FXSSI current ratio, read from nine brokers and reporting sources.
Position data may be delayed, incomplete or based on a limited group of accounts. It is informational and should not be treated as trading advice.
Compare forex broker spreads
Compare available bid, ask, spread and swap information for EUR/USD across supported brokers and account types.
| Broker | Account type | Bid | Ask | Spread | Daily average | Long swap | Short swap | Updated |
|---|---|---|---|---|---|---|---|---|
| CMC Markets | Variable | Not available | Not available | 0 pips0.2 pips | Not available | Not available | Not available | 26 August 2026 |
 Axi | Variable | Not available | Not available | 0 pips0.2 pips | Not available | Not available | Not available | 26 August 2026 |
| TabTrade | Variable | Not available | Not available | 0.03 pips0.04 pips | Not available | Not available | Not available | 26 August 2026 |
 Blueberry Markets | Variable | Not available | Not available | 0.04 pips0.2 pips | Not available | Not available | Not available | 26 August 2026 |
| Eightcap | Variable | Not available | Not available | 0.06 pips0.2 pips | Not available | Not available | Not available | 26 August 2026 |
| IC Markets | Variable | Not available | Not available | 0.1 pips0.4 pips | Not available | Not available | Not available | 26 August 2026 |
| Admirals | Variable | Not available | Not available | 0.1 pips0.6 pips | Not available | Not available | Not available | 26 August 2026 |
 HF Markets | Variable | Not available | Not available | 0.1 pips0.3 pips | Not available | Not available | Not available | Not available |
 MultiBank Group | Variable | Not available | Not available | 0.1 pips0.4 pips | Not available | Not available | Not available | Not available |
 FP Markets | Variable | Not available | Not available | 0.1 pips0.3 pips | Not available | Not available | Not available | Not available |
 GO Markets | Variable | Not available | Not available | 0.1 pips0.2 pips | Not available | Not available | Not available | 26 August 2026 |
 ACY Securities | Variable | Not available | Not available | 0.1 pips0.3 pips | Not available | Not available | Not available | 26 August 2026 |
Until the live pricing feed is connected, the Spread column shows the typical spread each broker publishes for its own account and the other columns are not available. Displayed pricing may differ from executable prices and can change rapidly during volatile or illiquid markets. Confirm current pricing through the broker platform.
Research tools for retail forex traders
Use practical calculators and guides to understand broker pricing, position size, margin, swaps and trading risk.
Economic calendarScheduled releases and central bank decisions by currency.Open toolPosition size calculatorHow many lots to trade so that a stop loss at your chosen distance risks the share of the account you intend.Open toolPip value calculatorWhat one pip is worth on a position, in the currency your account is held in.Open toolMargin calculatorThe deposit a position ties up at a given leverage, and the notional value it controls.Open toolProfit calculatorThe profit or loss between an entry and an exit price, in pips and in your account currency.Open toolSwap calculatorWhat holding a position overnight costs or earns, from the swap rate your broker publishes.Open toolCurrency converterConvert between thirty currencies at the European Central Bank's daily reference rate.Open toolForex trading hoursWhich of the four sessions is open right now in your own time zone, and when they overlap.Open tool
Latest broker research
Read regional reports, market studies and platform research produced for retail traders and industry participants.
Forex industry events
Find upcoming expos, conferences, webinars and broker events by location and date.
Is any broker information incorrect?
Brokers, regulators and users can submit supporting information for editorial review. Requested changes are assessed before publication and may require independent verification.
Research the broker, entity and licence
A broker brand may operate through several legal entities under different regulators. Check which entity accepts clients from your country and confirm its licence through the regulator before depositing money.