Hot-Charts
Forex Brokers' Performance
by
Feb 12, 2019 11:40
Share price performance of all publicly traded Forex firms is clearly down since the summer on a combination of plummeting traders' interest in cryptocurrencies and a tightening of European regulations with regards to Contract for Difference trading. Today, Plus500, whose share price growth led the way relative to the five other players, plunged 39% or 640 pence on a profit warning. To what extent will regulatory dynamics and crypto trends raise questions for other FX firms remains an important question. Going forward, let's keep an eye on advertising deals (especially football), margin rates management and geographical expansions/retrenchement.
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