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Is the US economy heading for recession after stock market slump？
Weak jobs figures have spooked stock markets but does this mean a downturn is on the way？
Financial Fraud Cases Increased from 2019 to 2024, RBI Revealed
The total sum involved in these frauds surged dramatically by 1,068%, from ₹129 crore in FY 2019–20 to ₹1,457 crore in FY 2023–24.
Worldpay Partners with Markets.com for Global Payments
Worldpay partners with Markets.com to enhance global payments. Elena Christodoulou was promoted. ACI and Worldpay renew partnerships. Amex supports UK small businesses.
Hantec Markets Revamps its Brand, Introduces Benefits
A well-known broker, Hantec Markets unveiled its most recent efforts to improve the trading experience for partners and clients globally.
5 Myths That May Stop You from Trading
Are myths about trading holding you back from starting? Meet WikiFX, the Global Broker Regulation & Inquiry App that will bust them and show you that trading is easier and more accessible than you might think. Choose suitable brokers on WikiFX and make your trade safer and easier. So dive in!
What Are the Key Steps in Creating Forex Plans on Weekends?
Learn critical steps for creating a successful forex plan on weekends: review past trades, research the market, set goals, and organize your trading strategy.
EA and VPS in Trading: Enhancing Efficiency or Hindering Performance?
Among the various trading tools available, Expert Advisors (EAs) and Virtual Private Servers (VPS) stand out for their potential to provide significant advantages. However, like all powerful tools, they come with their own set of challenges and risks, making them a double-edged sword for traders.
Investors! Beware!!
Canadian Securities administrators issued a warning against six fraudulent brokers on Aug 01, 2024. The authorities urge the public to exercise caution and conduct thorough research before engaging with any investment broker to safeguard their investments.
Dukascopy Alerts Market to Fraudulent Clone Firm
Switzerland's forex bank and broker, Dukascopy, has issued a critical alert regarding a fraudulent clone of its brand.
GoatFunded Trader Faces Backlash Over Payout Denial and Policy Violation
GoatFunded Trader, an online prop trading firm, has recently come under fire following allegations of unethical practices and rule violations. A trader took to X (formerly known as Twitter) to share their friend’s harrowing experience, shedding light on what they describe as a blatant denial of a rightful payout and unjust account termination.
TradingView Charts Now Integrated in Match-Trader Platform
Match-Trade Technologies upgrades the Match-Trader platform with TradingView chart integration and special pricing for challenge accounts to support prop firms.
DeFi Protocol Convergence Exploited, CVG Token Value Evaporated Nearly 99%
The decentralized finance protocol Convergence suffered a severe exploit yesterday, leading to a 99% collapse in the value of its CVG token.
Allegations by India 'unsubstantiated', OctaFX claimed
Recently the Indian authorities alleged a well-known forex broker, Octa. According to Indian officials, OctaFX made more than INR 10 billion (about US$119.5 million) from its operations in India. A portion of it has been transferred to foreign firms, trapped in a web of intricate transactions. Furthermore, the claims state that the FX trading website transferred part of its illicit funds to locally registered funds to appear legal.
FINRA Warns: Beware the Risks of Extended-Hours Trading
FINRA warns investors about the risks of extended-hours trading, highlighting issues like reduced liquidity, higher volatility, and varying brokerage rules.
Philippines' Mynt Hits $5 Billion Valuation with Ayala and MUFG Funding
Philippines' Mynt hits a $5 billion valuation with Ayala and MUFG funding, highlighting the rapid growth in the country's fintech sector.
SEBI Introduces chatbot "SEVA" for Investors
SEBI, the Securities and Exchange Board of India, has recently launched SEBI's Virtual Assistant (SEVA) - an Artificial Intelligence (Al) based conversation platform for investors. The chatbot aims to provide investors with quick and easy access to information and assistance regarding their investments in the stock market.
Italy Sees Rise in Crypto Investments, Consob Reports
Italy's 2024 Consob report reveals a significant rise in crypto investments among families, highlighting a growing trend in digital assets and sustainability.
Malaysia Introduces the World’s First Shariah-Compliant Cryptocurrency Funds
Malaysia's digital finance landscape has reached a significant milestone with the official launch of the world's first Shariah-compliant cryptocurrency funds by Halogen Capital Sdn Bhd.
Fortex Unveils One-Click Trading Feature to Streamline Execution
Fortex Technologies, a leading provider of FX trading solutions, has introduced a One-Click Trading option to its suite of trading tools. This new feature aims to simplify and accelerate trade execution, offering traders instant order execution and customizable parameters to enhance their trading strategies.
India's Cybersecurity Crisis: Ransomware Takes 300 Small Banks Offline
India’s banking sector is grappling with a significant cybersecurity crisis as a ransomware attack has forced nearly 300 small banks offline, according to a report by Reuters. The attack has severely disrupted transaction processing among the affected lenders, highlighting vulnerabilities within the country's financial system.