Score
1-2 years Suspicious Regulatory License
MT4/5 White Label
Regional Brokers
High potential risk
Influence
E
Score
License Index0.00
Business Index4.37
Risk Management Index0.00
Software Index4.00
Regulatory Index0.00
Influence
E
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
English
+27 11 759 4185
More
Company Name
Solitix Fx
Company Abbreviation
Solitix Fx
Platform registered country and region
South Africa
Company website
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
According to experts at the Bureau for Economic Research, South Africa is likely to witness another interest rate hike next week, albeit it may be greater than originally expected (BER).
WikiFX
"In order to curb forex scams, Nigerians must start viewing forex trading as a talent, not a get-rich-quick scheme." People must be patient in order to see their investments increase." These are the remarks of Emmanuel Okwara Jnr., Equiti's Nigerian country manager. The worldwide FX market is the world's largest financial market, with an estimated daily trading volume of around $7 trillion.
WikiFXThe establishment of South Africa's first real-time currency bank account addresses the dual issues of lower transaction fees and 24/7 visibility and access.
WikiFXA forex trading strategy is a one-of-a-kind approach used by forex traders to determine whether or not to purchase or sell a currency pair at any particular time. Forex trading methods are comprised of trade signals and are based on technical and fundamental assessments or news-driven market happenings. These are used to initiate a purchase or sell option. There are various forex trading techniques accessible online these days, but traders may always design their own.
WikiFXThe Nigerian Stock Exchange (NSE) was founded just a year after her independence in the year 1961. The first stock exchange market was established in Lagos. From here it spread to other parts of the country. As of today, over 4,900 companies have been listed on the NSE. On the Fixed Income market, the NSE has over 96 FGN bonds, 31 state bonds, 34 corporate bonds, 2 supranational bonds, and 53 memorandum listings.
WikiFXAccording to the founders of Omega Pro, it is a broker that provides its clients access to a wide variety of trading instruments with well over 200 assets in total.
WikiFXThe foreign currency market is the world's largest financial market, with daily trading volume exceeding 85 trillion ZAR.South Africa's daily forex trading volume is projected to be approximately 271 million ZAR, and the South African rand is among the top 20 most traded currencies, with an annual trading volume over 1 trillion ZAR.
WikiFXAs of April 2019, the spot FX market, which includes currency options and futures contracts, exchanged about $6.6 trillion each day. 1 With such a large quantity of money moving about in an unregulated spot market that trades instantaneously, over the counter, and with little accountability, forex scams entice unscrupulous operators to make quick money. While many once-popular scams have faded away owing to the Commodity Futures Trading Commission's (CFTC) aggressive enforcement efforts and the founding of the self-regulatory National Futures Association (NFA) in 1982, some old scams persist, and new ones keep cropping up.
WikiFXThe federal high court in Abuja has ordered the central bank of Nigeria, CBN, to unfreeze the account of ojukwu that has been frozen which is controlled by Mr. chikaosolu ojukwu and his firm, stabilization energy ltd.
WikiFXNigeria's currency rose 0.28 percent compared to the dollar in the official market on Friday, a day after the Central Bank of Nigeria's governor, Godwin Emefiele, insisted on a managed float system.
WikiFXIn this article, my second installment in a series of Rtickes focused on the top two scams in the South African forex industry and also who are being named and shamed as the main players in these elaborate schemes, helping the masses to piece together for themselves if these gurus are in fact who they claim to be.
WikiFX
