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FCA Exposed Capital Group's Clone

FCA Exposed Capital Group's Clone

Recently, the authority issued a warning against a clone of the FCA-authorized firm named Capital Group. The clone is actively engaged in the forex market. The regulator warned people that this firm is contacting people pretending to be an authorized firm and using the genuine details of a legitimate firm.

News 2024-11-05 14:15
What Currency Pairs to Watch During the U.S. Election Week

What Currency Pairs to Watch During the U.S. Election Week

Track key forex pairs like EUR/USD, USD/JPY, and USD/MXN for insights on volatility and market sentiment during this U.S. election week, November 5, 2024.

News 2024-11-05 13:54
 Join #NovMarket Topic Posting Event to Share a Prize Pool of $80 Daily!

Join #NovMarket Topic Posting Event to Share a Prize Pool of $80 Daily!

Dear Traders,The November activities in the business section are here! Whether You are a seasoned forex trader or a novice, this is the perfect platform to enhance your skills and exchange experiences.

News 2024-11-05 12:34
One article to understand the policy differences between Trump and Harris

One article to understand the policy differences between Trump and Harris

In the current political climate, understanding the policy differences between the main candidates has become increasingly important. As the 2024 U.S. presidential election approaches, the intense rivalry between Trump and Harris not only influences voters' decisions but also determines the future direction of the nation at a crucial time. With voting imminent, voters face two distinctly different governance philosophies and policy directions that impact not only U.S. domestic and foreign policy but also profoundly affect the global investment landscape.

News 2024-11-05 12:12
FP Markets Received Three Major Awards

FP Markets Received Three Major Awards

The prominent multiasset broker FP Markets won three major awards: “Most Trusted Broker—Global," “Broker of the Year—Asia," and “Fastest Growing Broker—LATAM” at the inaugural Finance Magnates Annual Award (FMAA) Gala. The event happened on Wednesday, October 23, at the Lemon Park Venue in Nicosia, Cyprus.

News 2024-11-04 18:34
What would happen if Harris and Trump tie in the Electoral College?

What would happen if Harris and Trump tie in the Electoral College?

As the 2024 U.S. presidential race approaches, investors worldwide are closely watching potential outcomes and their implications for global markets. While a 269-269 Electoral College tie between Vice President Kamala Harris and former President Donald Trump remains unlikely, its occurrence would set the stage for an unprecedented period of political uncertainty, triggering a contingent election decided by Congress. Such uncertainty would ripple across forex, stock, and oil markets, where stability and predictability are prized. Here’s a look at how a tie could affect these key financial sectors.

News 2024-11-04 17:52
Gotbit Founder Indicted in Crypto Market Manipulation Crackdown

Gotbit Founder Indicted in Crypto Market Manipulation Crackdown

The U.S. Department of Justice announced that Aleksei Andriunin, the 26-year-old founder of cryptocurrency market-making firm Gotbit, has been indicted on charges of wire fraud and conspiracy to commit market manipulation.

News 2024-11-04 17:04
Social Media Investment Scam Wipes Out RM450k Savings

Social Media Investment Scam Wipes Out RM450k Savings

A former finance officer in Malaysia lost RM450,000 in savings after being deceived by an investment scheme advertised on social media.

News 2024-11-04 17:02
Malaysian Woman's RM80,000 Investment Dream Turns into a Nightmare

Malaysian Woman's RM80,000 Investment Dream Turns into a Nightmare

A 50-year-old Malaysian woman experienced a devastating loss exceeding RM80,000 after falling victim to an online investment scam that preyed on her aspirations for substantial returns. The victim, a former secretary at a private firm, had initially hoped to secure a profitable investment opportunity but instead found herself deceived by a fraudulent scheme.

News 2024-11-04 16:59
CMC Markets and ASB Bank Form Strategic Partnership

CMC Markets and ASB Bank Form Strategic Partnership

CMC Markets partners with ASB Bank to offer NZ clients advanced trading technology, access to global markets, and enhanced investment tools on ASB's digital platforms.

News 2024-11-04 16:57
How can the forex fix be manipulated?

How can the forex fix be manipulated?

The forex fix serves as a critical benchmark for currency valuations, impacting trillions of dollars in transactions daily. However, its reliance on real-time market activity makes it susceptible to manipulation. Understanding the mechanisms behind this manipulation is essential for investors and regulators alike.

News 2024-11-04 16:51
JP Morgan Affiliates Agree to Pay $151 Million in SEC Settlements

JP Morgan Affiliates Agree to Pay $151 Million in SEC Settlements

JP Morgan faces regulatory penalties and investor reparations due to SEC findings of misleading disclosures, fiduciary breaches, and conflicts of interest.

News 2024-11-04 15:18
Exposing Fraud: Pakistan Trader's Case with NebulaForex

Exposing Fraud: Pakistan Trader's Case with NebulaForex

In the world of forex trading, the promise of high returns can be tempting, especially when marketed by seemingly credible individuals. However, the story of Masooma, a 33-year-old trader from Pakistan, serves as a stark reminder of the potential dangers lurking in the online trading space, particularly with brokers like NebulaForex.

Exposure 2024-11-04 14:55
 FX SmartBull Review! Read first, then Invest

FX SmartBull Review! Read first, then Invest

  FX SmartBull is a financial firm headquartered in the United Arab Emirates, with an establishment history spanning 2-5 years. This company offers trading services predominantly in Forex, Metals, Indices, and Cryptocurrencies. They provide several main account types, with varying minimum deposit requirements, starting from $25. Leverage is available up to 1:500, and spreads start as low as 0.1 pips for zero-spread accounts.

News 2024-11-04 14:35
Webull Thailand Launches 120-Day Free Access to Nasdaq TotalView

Webull Thailand Launches 120-Day Free Access to Nasdaq TotalView

Webull Thailand offers new users 120 days of free Nasdaq TotalView access, bringing institutional-level trading insights and index options to Thai investors.

News 2024-11-04 14:17

Bangladesh steps up payments to Adani Power to avoid supply cut

The Indian conglomerate reportedly halved supplies over an unpaid $800m bill.

Industry 2024-11-04 13:03
Capital One Faces Potential CFPB Action Over Savings Account Disclosures

Capital One Faces Potential CFPB Action Over Savings Account Disclosures

Capital One may face CFPB action over alleged misrepresentations regarding its savings accounts, sparking scrutiny amid a major acquisition bid and regulatory challenges.

News 2024-11-04 12:07
U.S. Election "Collision" with the Fed Meeting: Historic Opportunity vs. Nuclear-Level Risk

U.S. Election "Collision" with the Fed Meeting: Historic Opportunity vs. Nuclear-Level Risk

Eight years ago, he was a dark horse, defeating Democratic rival Hillary Clinton to become the 45th U.S. President, sending the U.S. dollar soaring and shaking up global financial markets. Four years later, he sought re-election but lost, and left the White House with the words, "The way we left is how we’ll return." In the years since, popular former President Trump has traveled widely, promising to fulfill previous commitments. As the countdown to the 60th U.S. presidential election begins, this man who once made international markets tremble is back in the spotlight.

News 2024-11-04 10:00

US election 2024 results: When will we know who won?

Once polls close on Tuesday, a winner may not be projected for several hours, days or even weeks.

Industry 2024-11-04 05:29
Hawkish vs. Dovish Policies: What They Mean for the Economy & Traders

Hawkish vs. Dovish Policies: What They Mean for the Economy & Traders

Two terms often emerge during central bank policy discussions: hawkish and dovish. These descriptors reflect the differing approaches central banks may take regarding monetary policy. Traders, especially in the forex market, pay close attention to these stances because of their significant impact on currency strength, inflation, interest rates, and overall market sentiment. But what do these terms mean, and are they inherently good or bad for a country's economy?

News 2024-11-03 08:30
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