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Brokers
Exclusive: Mitch Eaglstein’s FDCTech Seeks $450,000 of Public Funding
2018-06-25T14:49:04.000+02:00
The offering is valuing the company at around $11 million
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ADS Onboards Nidal Abdelhadi as Head of Global Institutional Sales
2017-05-13T20:33:39.000+02:00
The former MIG and Swissquote executive is joining one of the leading brokers in the Middle East.
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Exclusive: Fortress Prime’s Top Shareholder Arrested by UAE Police
2016-07-22T06:40:27.000+02:00
The majority shareholder of Fortress Prime Hamed Ahmed Mokhtar/Elbarki has been apprehended in Dubai.
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Technology
Forex Development Corporation Launches MT4 and Condor Pro Platforms
2016-06-29T12:18:48.000+02:00
The forex tech company is founded and headed by the former CEO of Fortress Prime, Mitch Eaglstein
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Executive Moves
Atom8 Adds Former Fortress Prime Sales Head Bobby Winters
2016-04-18T18:07:23.000+02:00
Mr. Winters joins Atom8 from Fortress Prime, following an eleven-month stint as its APAC Head of Sales.
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Brokers
Breaking: Fortress Prime Debacle Pushes FXCM to Write Off up to $6.8m
2016-03-23T17:55:38.000+02:00
Royal backing turns out to be a 2% stake, the majority shareholder wanted by FBI & Interpol.
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Brokers
Breaking: Fortress Prime's Services Suspended as Withdrawals Pending
2016-03-21T17:13:15.000+02:00
Fortress Prime's feed goes dark as the company continues withholding payments
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Executive Moves
Ivan Rojas Joins Argosy Global Advisors as Head of Sales
2016-03-08T22:11:05.000+02:00
After positions with FXCM, Boston Technologies, and most recently Fortress Prime, he joins a bespoke FX solutions provider.
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Steven Hatzakis
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Brokers
Exclusive: Fortress Prime Taps Nidal Abdelhadi as Senior Executive
2016-02-22T18:39:50.000+02:00
Fortress Prime is in the process of appointing the former MIG Bank and Swissquote executive into a new management role.
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Executive Moves
Breaking: Mitch Eaglstein Resigns from CEO Position at Fortress Prime
2016-02-02T16:22:42.000+02:00
Mitch Eaglstein has submitted a resignation letter to the board of Fortress Capital Investments
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Brokers
Exclusive: Fortress Capital Investments to Wind Down Fortress Prime
2016-01-29T17:11:14.000+02:00
Big clients are offered $0.25 on the dollar as an initial payment, while clients holding up to $150,000 are to be paid in full.
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Brokers
Fortress Prime Dubai Checks Turn to Empty Promises Once More
2016-01-15T08:26:01.000+02:00
The prime clearing unit of Dubai company Fortress Capital Investments, Fortress Prime continues to dodge client withdrawals requests.
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Brokers
Breaking: Fortress Prime Switching Tech, Withdrawals Allegedly in First Week of 2016
2015-12-30T14:08:41.000+02:00
Fortress Prime’s Senior Executive Mustafa Gameladine reveals another delay for withdrawals as clients worried about ever seeing their funds.
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Brokers
Fortress Prime Misses Another Withdrawal Payment Deadline
2015-11-17T17:35:24.000+02:00
Clients awaiting their withdrawals from the Dubai based prime broker have been sent wire transfer slips and post-dated cheques.
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Brokers
New Partnerships, Investments and Fines Shock the Market
2015-11-01T17:23:26.000+02:00
InstaForex, FXCM, MXT Global, GMO Click and Fortress Prime all appear in the passing week's top articles.
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Brokers
Fortress Prime Clients Provided New Withdrawal Timeline as PR Announces Capital Raise
2015-10-27T22:54:56.000+02:00
The company provided a number of clients with a 15th of November deadline before announcing a $200 million capital raise in a press release
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Brokers
Major Retail FX Players Face Regulation, Operational Obstacles
2015-10-11T13:14:26.000+02:00
FXCM, IG Group, Playtech, eToro, IronFX and Fortress Prime all appear in the passing week's top articles.
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Exclusive: Fortress Prime Contemplates Acquisition as Withdrawal Issues Persist
2015-10-09T12:24:22.000+02:00
Trading volumes at the company have stabilized after the withdrawals issues which have become apparent in August
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