In a sweeping move, the Central Bank of Russia has just announced that it is annulling the Forex dealer licenses of some of the major players in the Russian retail Forex scene, including Alpari, Forex Club and TeleTrade. In its official announcement, the Central Bank explains that the licenses of five companies – Forex Club, Alpari Forex, Trustforex, Fix Trade, and TeleTrade Group, are taken away due to violations of the Russian law by the brokers. The companies have until January 27, 2019, to return all funds to their clients. • Regarding Forex Club, the regulator explains that the broker has violated the Russian ... (full story)