King & Wood Mallesons’ (KWM) London dispute resolution team has advised longstanding client Forex Capital Markets (FXCM) on the successful defence of a claim brought against it by a user of the service.

FXCM, an online forex trading and commodities broker, revoked trades placed by retired Bulgarian schoolteacher Daniela Shurbanova on the basis that they had been made in breach of its terms of business, describing them as “abusive”.