As the value of foreign portfolio investments, or FPIs, in equities reversed the trend of decline to record N243.48 billion in the first half of 2022, H1'22, an increase of about 9.7% year-over-year, or YoY, from N221.96 billion in the corresponding period of 2021, there are signs that foreign portfolio investors are back to Nigeria's stock market.
It is crucial to be aware of promises that are too good to be true. Forex traders, especially newbies tend to fall into the traps of forex brokers that guarantee them profits without having to lift a finger.
Many observers see Russia's halt of the flow of gas as an attempt to blackmail Europe over supplies.
The Consumer Goods sub-(CGS) sector's operations have continued to be hampered by rising inflation, a lack of foreign currency, and an all-around challenging operating environment. At the same time, the listed companies in the sector have seen a recent decline in earnings and a bleak outlook.
In previous articles, we mentioned that Wintersnow Ltd. is a scam broker getting involved in a Ponzi Scheme. But Winter snow limited’s “money game” is not over yet. In today’s article, WikiFX continually exposes another case of how Wintersnow Ltd. rejects the victim’s withdrawal request and put forward unacceptable demands.
Tax scams are one of the common tactics used by unreliable forex traders. WikiFX has witnessed many cases wherein a fraudulent forex broker scared their trading clients about having tax payments in arrears and urged them to pay quickly before being punished by the authorities. However, it is rare to see a forex broker that uses this as an ultimatum, or rather “threat” towards its clients.
According to a KPMG report, investment in Singapore's crypto and blockchain companies reached a record $1.48 billion in 2021, ten times the previous year's total and nearly half the Asia-Pacific total for 2021.
When investing on forex, a trader has to be able to get familiar with chart patterns. Chart patterns are the basis of technical analysis and require a trader to know exactly what they are looking at, as well as what they are looking for.
As a forex trader, your first responsibility is to protect your trading account from being obliterated by Forex losses.
Many traders make trades several times a week, or even several times a day, but one style of trading that is often overlooked is long term trading.
If you have a preliminary understanding of the foreign exchange(forex) market and can't wait to place your first order?
Normally, both the price and the technical indicator should move in the same direction. And many traders use different indicators when trading forex in order to get additional confirmation for their signals.
The term "leverage" often appears in finance areas including security market and foreign exchange market, and its essence is to use a small amount of funds for larger amounts of trading.
The forex market is massive and involves trillions of dollars traded each day. Such a huge volume of transactions attracts scammers from every nook and corner of the world.
The whole world has been victim to fuel shortages which caused a sudden spike in fuel prices to record highs. However, different governments have used strategies to reduce these prices and most have been successful as prices have been steadily dropping since their record highs in July. South Africa is one of those countries that succeeded in this endeavor and according to the Central Energy Fund prices are still yet to drop even further. What does this mean for the country's economy and what opportunities does this present for us traders?
becoming more and more vigilant these days. When asked about their licenses and regulations, scammers equivocate, which makes it difficult for scammers to deceive smart investors.
NATURAL SEVEN LIMITED (NSL) is an online offshore forex broker. The reason why we pay attention to this broker is that the status of this broker is abnormal. WikiFX has made a comprehensive review of this broker based on its basic information, regulation, etc.
When investing in the financial market, profits always come with risks. Though we can not avoid every trouble, at least we can avoid giving our money to the fraudsters like HNM and TradeHUB.
Financial frauds have always been a concern to investors. However, the forex market is more vulnerable to scammers due to its immense transactional volume.
The websites of HNM and TradeHUB have the same style and introductions, but the logos are distinct as if they are twins. As a result, the two brokers might be run by a single unlawful corporation.