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Why Most Forex MLM Participants Never See Profits?
Forex-related MLMs have garnered significant attention, often for the wrong reasons. These Multi-Level Marketing (MLM) schemes typically promise participants substantial profits through foreign exchange (forex) trading, but the reality is often quite different. Here's a closer look at the phenomenon:
Gaming Blockchain Oasys Announces Partnership with Japanese Conglomerate SBI Holdings
Oasys, a Web3 gaming-focused blockchain project, has announced a strategic partnership with SBI Holdings, one of Japan's largest and most influential financial conglomerates.
Medway Trader Faces First UK Charge for Illegal Crypto ATM
Medway trader Habibur Rahman faces the first UK charge for operating an illegal crypto ATM and laundering £300,000. Learn about the case and FCA's crypto warnings.
USD/INR Monthly Forecast: September 2024
The USD/INR currency pair has exhibited significant volatility, staying near the higher end of its long-term price range. Since early March, the pair has consistently set new peaks and ventured into higher-price territories.
FP Markets Wins Best Forex Spreads & Trading Experience APAC 2024
FP Markets wins 'Best Forex Spreads' & 'Best Trading Experience APAC 2024,' solidifying its leadership in Asia Pacific's evolving financial market.
Philippine Peso Hits 5-Month High in August on Low Inflation
The Philippine peso reached a 5-month high in August, closing at P56.111:$1, driven by lower inflation and regional currency trends.
IG Group Initiates EUR75 Million Share Repurchase Amid Declining Profits
IG Group has announced the launch of a £150 million share buyback program, with Morgan Stanley & Co. International Plc appointed to execute the first tranche of the scheme. This initiative, running from 12 August 2024 to 31 October 2024, is designed to reduce the firm's share capital.
Top Forex Brokers in the Asia Pacific
Check out our top picks for Forex brokers in the Asia Pacific (APAC). We've carefully reviewed their regulations, trading platforms, and customer support to help you find the right fit.
Fortuno Markets Exposed: Unregulated Broker Engaging in Fraud
Fortuno Markets falsely claims NFA regulation. Unlicensed, with no physical offices found. Traders report scams, vanished funds, and withdrawal issues.
FSMA Issued Warning Against Fraudulent Trading Platforms
The Financial Services and Markets Authority (FSMA) has issued a warning against many false trading websites.
JustMarkets Launches Jiwa Merdeka Trading Contest for Malaysian Clients
JustMarkets, a globally recognized multi-assets broker, has announced the launch of the Jiwa Merdeka Trading Contest, which is exclusively available to clients from Malaysia.
What is Forex Deposit Bonus and its type?
A Forex trading bonus is an incentive offered by brokers to attract new clients or reward existing ones. It's a bonus amount added to a trader's account, usually based on the deposit amount or trading volume. The amount of such a bonus is often modest, ranging from $5 to $50. It's essential to understand the terms and conditions before accepting a Forex bonus.
Malaysian Businessman Loses Over RM11 Million in Crypto Scam
A 69-year-old businessman from Malaysia fell victim to a cryptocurrency investment scam after investing over 11 million MYR (approximately 2.5 million USD) in just three months.
What is Inside the $6.6 Trillion Daily Forex Market?
This article explores the vast influence of the $6.6 trillion foreign exchange market, its role in global trade, the impact of the floating exchange rate system, and the key players shaping currency values.
Bold Prime Launches Merdeka Bonus for Malaysian Traders
In celebration of Malaysia's Independence Day, Bold Prime, an online broker, has rolled out a special bonus promotion that runs from 26th August to 8th September 2024.
FCA to Investigate Pure Protection Insurance Market
The Financial Conduct Authority (FCA) has announced plans to launch a market study into the pure protection insurance sector, responding to concerns about potential deficiencies in competition and market outcomes.
WikiFX Rating: Top 5 Forex Brokers in Asian Market
If you're looking to trade Forex in Asia, you're in excellent company. As retail Forex trading continue to surge globally, Asia stands out as one of the most dynamic regions for Forex trading, thanks to its rapidly growing markets. To help you navigate this exciting landscape, WikiFX has compiled a list of the top 5 Asian Forex brokers you should consider. These brokers are recognized for their reliability, regulatory compliance, and robust trading platforms.
Octa- Champion MT4 Demo Contest
OctaFX recently organized the Octa-Champion MT4 Demo Contest, attracting traders worldwide to showcase their skills in a risk-free environment. The competition provided participants with the opportunity to trade on the popular MetaTrader 4 platform.
RBI Alerts Indians to Fraudsters Impersonating Officials
RBI warns Indians about fraudsters posing as officials, using fake documents and intimidating tactics. Stay alert to avoid falling victim to these scams.
TMGM Webinar: Ride the Gold Wave to Successful Trading with Master Annie
Join TMGM's webinar with Master Annie on September 10 at 8:00 PM VN time. Learn effective gold trading strategies and get a 50% deposit bonus.