Daily FX Brokers’ News: FXPRIMUS, XTB, FxPro

As the week reaches its halfway point, Finance Magnates aggregates the latest broker news and updates from across the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term industry.

FXPRIMUS Extends MT4 To Mac Users

FXPRIMUS has unveiled a new MT4 offering for Mac exclusive to clients utilizing Apple desktops and mobile iOS software. As a result of the new offering, Mac-using clients will be afforded all advantages of existing Windows users who trade with the MT4 platform.

Users can download the software on the FXPRIMUS website which is fully compatible with other Mac apps on any iPad or iPhone device.

FXPRIMUS has also undergone a series of changes to the withdrawal process, following an accord with eMerchant pay. The new payment mechanism is designed to strengthen security through the 3D Secure utility.

XTB Alters Spreads With USDCLP

Meanwhile, multi-asset broker XTB has announced a series of changes to market participants trading the Chilean Peso (CLP). Due to low Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term associated with the USD/CLP, spreads on the currency pair will be widened to 200.

The change is effective today and became active at the opening of market trading Wednesday – the change in spread to 200 is slated to remain in effect until further notice given the volatility with the CLP.

FxPro Undergoes iOS Update to cTrader

Finally, foreign exchange (FX) and contracts-for-difference (CFD) broker, FxPro, has updated its cTrader for iOS users. The new iteration will address improvements in recovery when running in the background to other applications, which is aimed to help streamline performance when monitoring multiple positions simultaneously - furthermore, cTrader has added support for fractional lot sizes and volumes, as well as support for iOS 9.