Have Eyes Like a Hawk Spotting Forex Scams (Part 1)
Unethical behavior, promises of unusually large profits with no risk, and the promotion of "holy grails" are all signs of a Forex scammer looking to profit from gullible traders. Fortunately, there are simple ways to identify a Forex scammer and protect yourself from their deceptive promises.
Euro Soars: Buoyed by Ukrainian Advance and the Mention of QT from the ECB
The euro surged higher on Monday, extending the recent bullish impetus after last weeks post-ECB low. Ukrainian counter offensive & mentions of QT support EUR for now.
Latest Best Forex Brokers in South Africa
South Africans looking for an online forex broker will have a plethora of alternatives to select from. This article will assist to clarify the air by assessing and rating the top ten forex brokers in South Africa right now.
Trade Capital UK's (Trade.com) Revenue Increases 114% in 2021
Trade Capital UK (TCUK), trading as Trade.com, announced a 114 percent rise in yearly revenue for the fiscal year 2021, which concluded on December 31. The absolute amount was £240,009, up from £112,213 the previous year.
Is VPS Necessary For Any EA?
A Virtual Private Server (VPS) is an online service that provides a virtual computer. VPS is running its operating system. As a customer, you will be granted super-user access, allowing you to install trading software (such as MetaTrader) on that virtual machine. It will ensure that your trading software runs without interruptions. VPS is a useful tool for forex traders, especially if you use forex robots or have a signal-provider service.
ASIC Extends Financial Requirements For Retail Derivatives Issuers For 5 Years
On Friday, the Australian Securities and Investments Commission (ASIC) affirmed the remade class order, which defines the financial criteria of retail over-the-counter (OTC) derivatives issuers.
Fiber Markets Is Kicked From The Financial Commission's List For Contract Violations
The Financial Commission (FinCom), a self-regulatory body in the financial services industry, expelled FX and CFDs broker Fiber Markets from its membership on Friday, claiming a violation of contract. The judgement went into effect on September 7, 2022.
Lawyer Fees to Wintersnow Ltd?! Excuses Excuses and More Excuses!
Tax payments, remittance fees, withdrawal processing fees…These are some common excuses used by fraudulent forex brokers to hinder the withdrawal process or to get additional money from their trading clients who are about to reduce their stakes.
FAQ about WikiFX’s 17 USDT reward campaign
In order to let you better understand the recent event of WikiFX, we made a FAQ for you. This is where you'll find the answers to most of your problems.
NIGERIA'S TOP 10 FOREX TRADING APPLICATIONS, ACCORDING TO DOWNLOADS, AS OF AUGUST 2022
Many Nigerians now rely heavily on their income from forex trading. Although this business is relatively new in Nigeria, it has already gained a lot of popularity there, particularly among young people, with an estimated daily transaction volume of N300 to N450 million.
AIRCRAFT DEPLETION IS IMMINENT AS AIRLINES SUSPEND OVERSEAS AIRCRAFT MAINTENANCE.
Following the suspension of all aircraft checks abroad due to a lack of foreign currency, domestic carriers may experience forced aircraft depletion. As a result of the most recent situation, all of the aircraft that were transported outside will remain in various aircraft maintenance facilities until the airlines can find the money to pay for their repairs and subsequent return to operation in Nigeria. The result will be the forced depletion of operating aircraft, unless more aircraft are imported, as any aircraft that is due for a major check like a C-check, which is performed abroad, will be parked, and any aircraft that develops a fault beyond A and B checks, which can only be done in Nigeria, will also be parked.
South African GDP fell in the last quarter, what is the next outcome?
The stats are out, This Tuesday, Statics South Africa announced that the GDP for the country fell by 0.7 percent in the last quarter of the year. This is due to a myriad of issues, however the most common was the inflation caused by oil supply shortages and power outages which slowed down economic production. This announcement serves as a golden key for us traders as with this information we can find ZAR shorting opportunities and earn profits.
Eastern Cape woman loses R110 000 in forex scam, suspect nabbed at OR Tambo
A woman from the Eastern Cape lost R110 000 after depositing the money in a forex scam with the assumption that she would get a handsome return—which she never did.
Caution! Capitalonefx is an Unlicensed Forex Broker
Scam exists in any financial markets and the forex market is no exception.
Licenses Scam Alert! Beware of the Unregulated AEFOREX
Offering misleading information is a common tactic used by fraudulent brokers. It seems to be very reliable if you take a very quick glance at the statements the fraud shows on its page.
CySEC Fines FXVC Operator €100K for Possible Regulatory Violations
The Cyprus Securities and Exchange Commission (CySEC) announced that it has decided to impose €100,000 fines on the Finteractive Ltd, the operator of trading brand FXVC, for possible regulatory violations.
Trader Scammed by Coinage Trading after Gaining Profits on Their Initial Deposit
Beware is one word that you will always come across on all forex trading platforms. And when this is ignored the consequences are usually dire.
Warning Alert: Blue Ocean Voyages is a Scam
Blue Ocean Voyages is committed to providing 100% STP trading platform to protect global investors’ funds and not to block their account or withdrawal on its home page.
Negative Clients Feedback: Investors Report Ibells FX is a Scam
Unregulated forex brokers usually work in the cleverest way. They claim to maintain high standards of governance, compliance, and consistency, and also to take extreme measures to ensure the safety of clients and their funds through multiple regulations and fund segregation.
Blacklist Alert: UK FCA Warns Against 9 Unlicensed FX Brokers
Traders are being increasingly targeted by investment scams carried out via online trading platforms where fraudsters offer trades in forex, CFDs and crypto assets.
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