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The FCA has fined an audit firm for the first time
The Financial Conduct Authority (FCA) has imposed a fine on PricewaterhouseCoopers LLP (PwC) for the first time, marking a significant development in the regulation of audit firms. The fine was issued due to PwC's failure to report suspicions that London Capital & Finance plc (LCF) might be involved in fraudulent activity during their audit of the company's 2016 accounts.
Plus500 Reports Strong H1 2024, Returns $185.5M to Shareholders
Plus500 reports strong H1 2024 with $398.2M in revenue, $183.9M in EBITDA, and returns $185.5M to shareholders—solid earnings and customer acquisition growth.
SC MALAYSIA Cautions Against FXGT
SC Malaysia issued a cautionary statement regarding FXGT on 16 Aug 2024. The regulatory body has highlighted potential risks associated with dealing with FXGT.
WikiFX Overview on Athens Markets
Athens Markets has headquarters in the Virgin Islands, and is an online forex broker. WikiFX has comprehensively reviewed this broker by analyzing its regulations, specific information, etc. so that you have a deep understanding of this broker. In the back of the article we arranged a few small questions, each answer to the chance to win a bonus.
VT Markets Teams Up with Newcastle United, Celebrates with '77' Jersey Launch
VT Markets, a global multi-asset broker, has entered into a partnership with Newcastle United, a football club in the Premier League. The collaboration was marked by the unveiling of a special jersey featuring the number ‘77,’ a figure that VT Markets associates with prosperity and growth.
Prop Firm Indigo Trader Funding Shuts Down Out of a Sudden!
Indigo Trader Funding, a recently established proprietary trading firm, has abruptly ceased operations, leaving clients in uncertainty.
ASIC Takes Down Over 7,300 Scam Websites to Protect Australians
ASIC takes down over 7,300 scam websites, protecting Australians from phishing, fake investment platforms, and cryptocurrency scams. Stay vigilant online.
Day Trading vs. Long-Term Investing: Which Strategy Can Make You Rich?
When it comes to building wealth in the financial markets, two popular strategies often stand at the forefront: day trading and long-term investing. But which strategy truly has the potential to make you a millionaire?
FINRA Fines American Portfolios Financial Services $225,000 for AML and Supervisory Failures
The Financial Industry Regulatory Authority (FINRA) has fined American Portfolios Financial Services, Inc. $225,000 for significant lapses in its Anti-Money Laundering (AML) compliance and supervisory systems between January 2019 and August 2022.
ATFX Launches MetaTrader 5 for a Smarter Trading Experience
ATFX launches MetaTrader 5, offering advanced trading tools, more intelligent systems, and enhanced security for a superior trading experience across global markets.
What Causes Sudden Shutdowns of Prop Trading Firms?
Discover the factors behind sudden prop trading firm shutdowns, from risk management failures to regulatory challenges, liquidity issues, and market conditions.
US Dollar Remains Weak Ahead of Jackson Hole, USD/JPY and Gold Latest
The US dollar is trading at levels last seen eight months ago as traders wait for Fed chair Jerome Powells Jackson Hole speech later this week.
Key Points to Know Before Investing in Buffered ETFs
Learn the essential details about Buffered ETFs, a strategic tool offering market downside protection with upside potential in today's volatile financial landscape.
Nation Traders: A Closer Look at the Broker's Red Flags
This article highlights the distressing experience of Gowri, a 29-year-old from India, who fell victim to the deceptive practices of this broker. In the back of the article we arranged a few small questions, each answer to the chance to win a bonus.
7-Eleven owner gets buyout offer from Canada firm behind Circle K
Shares in Seven & i jumped by more than 20% following reports of the approach.
Something you need to know about WeOwnTrade
When choosing a forex broker, it’s crucial to consider factors like regulation, trading software, and industry experience. Unfortunately, WeOwnTrade falls short in nearly all of these areas, making it a risky choice for traders. Here’s what you need to know about this broker.
UAE-based Equiti Sponsors Al Wahda Football Club
Equiti officially announced that it will sponsor the Al Wahda Football Club in Abu Dhabi. The broker stated this investment is more than just a sponsorship; it's a celebration of community spirit and a commitment to supporting local talent.
9 Key Reasons Why Traders Choose CFD Trading
Discover why traders choose CFDs. Leverage, market access, hedging, and flexibility make CFDs appealing to both novice and experienced traders.
The Rising Threat of Financial Fraud: A Warning to the Baby Boomer Generation
Baby Boomers are under siege from advanced financial scams—find out how these sophisticated fraud tactics work and how you can shield yourself from becoming a victim.
Why Prop Firms and Online Brokers Face Sudden Shutdowns
This article explores the key reasons behind the vulnerability of prop firms and online brokers to closures, shedding light on the complexities of the industry.