Is Your Broker Weathering the CHF Storm? Real Time Updates

Saturday, 17/01/2015 | 14:35 GMT by Jeff Patterson
  • Thanks to a surprise shakeup from SNB, the FX industry has been placed in a state of flux with the playing field radically redrawn – consult Forex Magnates’ comprehensive broker list to see the state of each broker.
Is Your Broker Weathering the CHF Storm? Real Time Updates
forex-nation-300x300

Update: New Real Time Updates.

Thanks to a surprise shakeup from the Swiss National Bank (SNB), the FX industry has been placed into a state of flux with the playing field radically redrawn – consult Forex Magnates’ comprehensive broker list to see the state of each broker.

Amongst the speeding headlines, perhaps no two brokers received more attention than FXCM and Alpari UK that has announced it is reversed its own insolvency declaration and its board of directors are now "urgently" considering an imminent sale.

FXCM however, after facing losses in excess of $220 million, has received a $300 million Leucadia National bailout and confirmed that it has managed to ensure the full financial stability of all its client accounts. Meanwhile, the rest of the industry seems to be relatively intact – the following is a list of each broker at the time of writing along with the present state of their business:

CHF Survey210120151518
forex-nation-300x300

Update: New Real Time Updates.

Thanks to a surprise shakeup from the Swiss National Bank (SNB), the FX industry has been placed into a state of flux with the playing field radically redrawn – consult Forex Magnates’ comprehensive broker list to see the state of each broker.

Amongst the speeding headlines, perhaps no two brokers received more attention than FXCM and Alpari UK that has announced it is reversed its own insolvency declaration and its board of directors are now "urgently" considering an imminent sale.

FXCM however, after facing losses in excess of $220 million, has received a $300 million Leucadia National bailout and confirmed that it has managed to ensure the full financial stability of all its client accounts. Meanwhile, the rest of the industry seems to be relatively intact – the following is a list of each broker at the time of writing along with the present state of their business:

CHF Survey210120151518
About the Author: Jeff Patterson
Jeff Patterson
  • 5446 Articles
  • 106 Followers
Head of Commercial Content

More from the Author

Retail FX