Exclusive: iFOREX Enters FX Prime Brokerage Space with iFOREXPRIME Offering

[kreslik.news]

Multi-regulated retail brokerage iFOREX has ventured into the prime-of-prime space by offering a new product called ‘iFOREXPRIME’. It will leverage its existing pool of FX and CFDs liquidity and open it up to institutional businesses.

iFOREXPRIME will launch in partnership with the New York-based technology provider Forex Development Corporation (FDC), which is headed by Mitch Eaglstein.

iFOREX’s PoP product is intended for a client segment that includes mid-sized funds, retail brokers and professional traders, offering prime brokerage services which are no longer being provided by the larger firms following the Swiss National Bank induced crisis of January 2015.

In addition, the increase in banking ... (read more)