Unregulated Forex brokers normally do not notify you that they do not have any licenses, but instead use false material to indicate that they are regulated and confuse you.
It is useful to understand what is the difference between trading with a big account and a small account in forex trading.
Euro remains under pressure as ECB members call for further rate hikes could be in vain with the Fed meeting coming into focus.
Euro remains under pressure as ECB members call for further rate hikes could be in vain with the Fed meeting coming into focus.
If you are trading in the forex market, regulation should be an important consideration.
While investment markets have always been on the hit list of scammers, the foreign exchange market is more susceptible because of the sheer number of its transactions.
The Financial Commission has been notified by concerned traders regarding the company Premium Crypto and its associated website (https://premiumcryptoltd.com/).
As we all know, checking the license of a broker is a necessary step before an investor decides to trade with the broker.
In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin wishes to clarify that LLC "Fort Securities BLR", Belarus, has not been granted authorisation under the KWG to conduct banking business or provide financial services.
The first rule of Forex trading, or any other type of trading for that matter, is to only risk money you can afford to lose. Many traders, particularly beginners, disregard this rule because they believe it "won't happen to them." However, there are numerous risks associated with forex trades because they are leveraged products that can result in significant losses
Technical analysis is an important part when you are trading forex, as well as one of the skills that traders should master. The core element of forex technical analysis includes volume analysis.
Price movements in currency markets can be hard to predict, but they are not entirely random.
Candle patterns are an important way to identify the current forex market. You'll notice many variations in candle patterns.
Day traders generally only buy and sell stocks, currencies or futures during the entire trading session of the day.
Success in the world of business and finance requires effort and a broad understanding of the factors surrounding this world.
One of the most essential elements for traders when selecting a Forex broker is the broker's regulatory status and the regulatory body under which the broker is licensed. Unregulated Forex / CFD brokerages are risky places for traders to deposit funds, and those who do so are likely to discover that they have no effective remedy to offset losses caused by dishonesty or incompetence.
Exposure to scam brokers is always the priority of WikiFX, from July to September, WikiFX has received an overwhelming amount of exposures submitted by the traders. In today’s article, WikiFX lists 10 disrepute brokers by analyzing their target market, regulation status, type of exposure, and so on. Let's see what these brokers are.
Following revelations that one of their accounts was exploited in a pyramid scam that claimed to provide houses for the underprivileged for R600, ABSA is under fire for its inaction.
Durban - A Gauteng auto dealership revealed a purported forex trader who falsely claimed to have bought a high-end luxury car and posted a picture of it online, giving the impression that the car was hers.
DerivFx is a completely unlicensed offshore broker that deals with Binary options trading. Find more details in the following review.