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WikiFX Review: Is IQ Option trustworthy?
IQ Option is catching our eye as it seems to be a trending topic. For those who want to know whether IQ Option is a reliable broker, WikiFX made this article to help you better understand this broker.
Pros and Cons of Choosing Unregulated Forex Brokers
Discover the pros and cons of unregulated forex brokers, explore risks, benefits, and key features, and learn how to evaluate their credibility with the WikiFX app.
Social Media Fraud: Over Half of Scams Linked to Meta Platforms
Social media platforms owned by Meta, including Facebook, Instagram, and WhatsApp, were linked to more than half of all scam incidents reported last year, according to a report by the Payment Systems Regulator (PSR).
5 Questions to Ask Yourself Before Taking a Trade
Before executing any trade, traders should pause and ask themselves critical questions to ensure they are making rational and well-informed decisions. Here are five questions to help you reflect on your strategy, manage risk, and control emotions before entering the market.
Avoid Fake Websites of CPT Markets
You may have heard the proverb "All that glitters is not gold.". It's high time to take this proverb seriously if you are involved in the forex market; otherwise, you will lose your hard-earned money.
Gigamax Scam: Tracking Key Suspects in RM7 Million Crypto Fraud
Malaysian authorities are actively pursuing seven individuals linked to the Gigamax investment scam, which has defrauded investors of over RM7 million. The suspects include an Indonesian national, identified as Awaludin, who is believed to be the mastermind behind the scheme, and six Malaysians who served as promoters and speakers for the fraudulent operation.
Interactive Brokers Boosts IBKR Desktop with Advanced Tools
Interactive Brokers upgrades IBKR Desktop with powerful tools like MultiSort, Option Lattice, and enhanced charting, simplifying global trading for all skill levels.
Elderly Trader Loses RM2.1M in WhatsApp Forex Scam
A 70-year-old trader fell victim to a WhatsApp forex scam, losing RM2.1M. Learn how to safeguard your finances and recover losses with WikiFX support.
792 Arrested in Nigerian Crypto-Romance Scam Bust
Nigeria arrests 792 suspects in a crypto-romance scam targeting Americans and Europeans. Among those detained are 40 Filipinos and 148 Chinese nationals.
Spotware Unveils cTrader Store, Global Marketplace for Algo Creators
Spotware launches cTrader Store, a secure marketplace empowering algo creators to monetize plugins, trading bots, and apps, with global reach and licensing protection.
Quadcode Markets: Trustworthy or Risky?
Quadcode Markets is a regulated trading platform based in Australia, operating under the company name Quad Code AU Ltd. It has been regulated by the Australia Securities & Investment Commission (ASIC)
WikiFX Urgent Announcement: Beware of Phishing Emails Masquerading as Official Communications
Recently, we have received reports from users who have been targeted by fraudulent impersonation attempts. Malicious actors are using email addresses highly similar to our official customer service email address support@wikifxglobal.com – （Please Note That Our Legitimate Address is support@wikifx.com) to send fraudulent emails. These emails falsely claim to address account issues and offer funds recovery, attempting to trick users into paying “recovery fees.”
Elderly Malaysian Businessman Loses RM704K to WhatsApp Investment Scam
A 73-year-old businessman in Malaysia has suffered a financial loss of RM704,000 after falling prey to a fraudulent investment scheme promoted on WhatsApp.
Singaporean Arrested in Thailand for 22.4 Million Baht Crypto Scam
Thai authorities have apprehended a 32-year-old Singaporean man suspected of being part of a transnational syndicate involved in cryptocurrency scams. The group is accused of defrauding victims of more than 22.4 million baht (S$886,000) through a fraudulent trading platform.
MstockMax Software Scam: Man Defrauded of Rs. 5 Crore
Madhya Pradesh Police in India arrested a group of cyber scammers who use Mstock Max software to defraud customers and steal their money. The MP police arrested these fraudsters from throughout the country, including Chhattisgarh, Bharuch, Maharashtra, and Surat.
Broker Review: Is Eightcap Legit?
EightCap, is a global forex broker launched in 2009. It was established in Melbourne, Australia. This broker offers its global traders various market instruments. In today’s article, we will show you whether Eightcap is still a reliable broker in 2024.
Kraken and BitGo to Handle FTX Payouts Starting January 2025
Kraken and BitGo will oversee the first FTX payouts starting January 3, 2025. 98% of creditors receive at least 118% of their claims in cash.
Understanding the Impact of Interest Rate Changes on Forex Markets
Interest rates are one of the most influential factors in the forex market, shaping currency values and driving trader decisions. When central banks adjust interest rates, they send ripples through global markets. Understanding how these changes impact currency movements is crucial for forex traders aiming to stay ahead of market trends.
FCA Seeks Input to Shape UK Crypto Market Regulations
UK FCA seeks public feedback on crypto rules to improve market transparency, protect consumers, and support growth. Comments are open until March 2025.
Trader Turns $27 Into $52M With PEPE Coin, Breaking Records
A crypto trader turned $27 into $52M through PEPE memecoin, proving the massive potential—and risks—of investing in volatile cryptocurrencies.