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This article was written by Pavel Khizhnyak, founder and CEO of Trade Exact Consulting. Pavel is a forex industry professional with 10+ of experience in China, Russia and the US.
It’s not a secret that for brokers operating on a B2C model in China, Baidu generates the vast majority of leads.
On June 24th Chinese media sites reported that according to an unnamed Baidu official, a decree came down to stop ads by forex brokers starting at 00:00 June 25th. The only exception is for FX brokers with licences in the US, the UK and Hong Kong (NFA, FCA and ... (read more)