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"Admiral Trades is a Big Fraud"~ Investor said
“I took the lowest minimum plan of $5000 and paid, even borrowing from my friends. " A user of Admiral Trades wrote his complaint on WikiFX. The complainant is from India. He alleged Admiral Trades is an all-time scammer.
Philippine PSEI Flat Amid July Inflation and Rate Concerns
Philippine PSEI ends flat as July inflation surge and rate hike concerns weigh on investor sentiment. Broader All Shares Index gains slightly.
Philippines Forex Reserves Rise to $105.65 Billion
The Philippines' foreign exchange reserves increased to $105.65 billion in July, driven by higher gold valuations, strong investment income, and active forex trading.
SkyLine Guide Set to Launch: 100 Authoritative Judges Have Gathered
“Find Best Local Brokers with SkyLine Guide!” With the thriving global forex investment market, the localization differences in the forex market are becoming increasingly significant. WikiFX has pioneered a brand new recommendation list for local brokers, creating the “Michelin Guide” for the forex industry. As a leading forex broker information service platform in the Thai market, with many years of industry experience, WikiFX is launching the SkyLine Guide for Thai users this year.
Attention: FOUR FRAUD BROKERS EXPOSED!
It's a recent official warning from the Financial Conduct Authority (FCA). There are four unlicensed brokers active in the forex market. The authority shared the details of these unauthorised brokers to protect consumers.
Beware of XS Broker: Unregulated and Inaccessible
XS Broker is unregulated and known for scams. Learn how to protect yourself from fraudulent brokers like XS.
Interactive Brokers Adds Bursa Malaysia Derivatives to Its Platform
Interactive Brokers has now included Bursa Malaysia’s listed derivatives on its platform. This development enables clients to trade Crude Palm Oil Futures (FCPO) and FTSE Bursa Malaysia KLCI Futures (FKLI), expanding their investment strategy options.
Japan Spent $68B on Yen Intervention Twice in Q2 2024
Japan spent $68 billion on yen interventions in Q2 2024. Despite record spending, the yen's recovery was brief, with recent rate hikes aiding its strength.
Fund managers to lengthen FX hedges on elections, volatility concerns, survey says
Fund managers are looking to hedge more of their foreign exchange risk for longer to protect their returns, as concerns about volatility and the potential for unpredictable movements resulting from the upcoming U.S. elections grow.
What Is Emotional Investing and How to Avoid It
Emotional investing occurs when investors make decisions based on their emotions rather than on solid financial principles and analysis. This type of investing often involves impulsive actions driven by fear, greed, hope, or other emotions, leading to irrational choices and heightened risk.
OctaFX Denies Allegations After India Seizes $9.6 Million
OctaFX denies claims of false promises after Indian authorities seized $9.6 million, emphasizing their commitment to transparent and educated Forex trading practices
Robinhood Stopped 24-Hour Trading Amid Market Turbulence
Robinhood announced the suspension of its 24-hour overnight trading service due to the severe market downturn on Monday, August 5.
India Imposes $86 Million Tax Demand on Binance
The Indian government is asserting its regulatory authority in the cryptocurrency sector, issuing a substantial $86 million tax demand to Binance.
HFM Won "Global Broker of the Year 2024" Award
HFM earns the "Global Broker of the Year 2024" award from World Business Achievers. The World Business Achievers Awards is a prominent global event that recognizes market leaders and emerging business visionaries for their contributions in their respective sectors.
NAGA Unveils Powerful Updates for Better Trading Experience
NAGA announces powerful updates enhancing user experience, including a revamped trader interface, mobile trading insights, and performance-based copy trading.
EasyMarkets obtains South Africa's FSCA license
EasyMarkets received a license from the Financial Service Conduct Authority (FSCA) in South Africa. EasyMarkets will provide financial services and products to traders in South Africa in compliance with regional regulations.
How Do the Olympics Affect Foreign Exchange?
Discover how the Olympics impact foreign exchange markets, from currency value fluctuations to economic growth and investor confidence. Learn with real-world examples.
FXOpulence Scams Indian Trader Out of $5,960.15
Indian trader lose $5,960.15 to FXOpulence after being unable to withdraw funds. Learn how to avoid such scams and protect your investments.
Dovish BoJ Comments Stabilise Markets for Now, USD/JPY Rises
The recent USD/JPY sell-off found short-term support after BoJ Deputy Governor Uchida downplayed another rate hike during volatile market conditions
UK FCA WARNS AGAINST 13 SCAM BROKERS
The United Kingdom's Financial Conduct Authority (FCA) has issued a cautionary statement regarding thirteen fraudulent firms. The names of the brokers are: