definitely an avoid for the following reasons 1. market cap is...

  1. 88 Posts.
    definitely an avoid for the following reasons

    1. market cap is too small, liquidity will be small, not insto covered at this range of mkt cap

    2. many instances of FX brokers going belly up in the past 3 months due to the SNB scandal. although fxprimus wasnt affected, it can be affected by future events, so it is high risk.

    3. many insto investors lost money in FX broker shares like FXCM etc, so wont touch this one. sector is out of favour with the market.

    4. previous attempts list in europe were rejected by the market.
    Last edited by middlepath: 28/03/15
 
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