FTSFX Is A Clone Broker, Blacklisted In Hong Kong SFC
FTSFX is an unauthorized broker based in Hong Kong, with a website in both English and Chinese. It lists its benefits as follows: client first, global market financial instruments, separate money deposits, and robust financial regulation. Looking at the general idea, the platform seems appealing. However, it only attempts to deceive investors into believing it is legitimate, while the finest circumstances, even those advertised, are simply indicators of a fraud.
What Are Currency Pairs in Forex? - A Beginner's Guide
A currency pair is a quote of two separate currencies, with the value of one currency expressed against the value of the other. The first currency specified in a currency pair is known as the base currency, and the second currency is known as the quote currency.
Forex Crisis: EFCC Visits BDC Hubs In Lagos On Fact Finding Mission
Just like they did in Abuja about a week ago, operatives of the Economic and Financial Crimes Commission (EFCC), Lagos Command, have visited some of the hubs of the Bureau De Change (BDC) operators in Lagos on what has been described as a “fact finding mission”.
WikiFX Broker's Review On CREZMOON Claiming To Be Registered In The UK
According to WikiFX research, Crezmoon has a domain name (https://crezmoon.com/) that was registered on October 13, 2021, less than a year ago. The copyright notice, however, is dated 2020. It's a warning sign.
7 Factors to consider while making a forex trading plan
With so many trading strategies and trading gurus in the industry, it is not uncommon to find the starting process to be overwhelming and confusing, especially for beginner traders. Bear in mind that there is never a holy grail secret recipe that guarantees 100% profit in the forex market, but it is all up to you to curate a trading plan and/or strategy that fits your personality.
One complaint after another! WinterSnow Limited is definitely a scam!
In the past two weeks, investors have been reporting to WikiFX about not being able to withdraw funds from WinterSnow Limited. Investors who have been deceived by this broker please contact WikiFX to help you recover your funds!!!
Firms in Zimbabwe have until December to register foreign exchange transactions or face heavy fines
Companies in Zimbabwe have until the end of the year to register foreign currency sales or face rigorous audits and large fines, as the economy moves toward dollarization, which is still outpaced by foreign currency tax revenues.
Natural Gas Prices May Rise as European River Woes Threaten Energy Supply
NATURAL GAS, RHINE RIVER, INVENTORY, EIA, TECHNICAL OUTLOOK - TALKING POINTS
EUR/USD Short-term Technical Outlook: Euro Rally Rips Into Resistance
EURO TECHNICAL PRICE OUTLOOK: EUR/USD SHORT-TERM TRADE LEVELS
The Most Volatile Currency Pairs and How to Trade Them
FX markets are susceptible to a range of factors which affect their volatility, and many traders look to tailor their strategies to capitalize on the most volatile currency pairs.
Short Selling: What Experts Should Note Pt. 1
The first thing to consider before learning this approach, short selling is an advanced strategy for trading and investing experts. Short selling is a method for traders to speculate.
How to Locate Short Selling and Why? Pt. 2
Traders choose short selling because it is interesting to speculate and hedge. To speculate means creating a pure price bet for it would decline in the future.
A Hedge Short Selling and Why It Is Useful Pt.3
Short selling is an approach to speculation but it could be useful as a hedging tool. A hedge short selling carries a lower risk.
SEC Public Alert: Statonfxc is an Unregistered Soliciting Forex Entity
Online trading scams tend to display profitable profits that give investors a false sense of easy money-making.
Scam Warning: SFC Added Dakras Markets to Its Alert List
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.
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.
WTI Crude Oil Forecast: Market Turns Around Mid-Day
The West Texas Intermediate Crude Oil market pulled back initially on Wednesday to test the lows yet again. That being said, we have turned around to show signs of life, perhaps due to the idea of more risk-taking out there as the CPI numbers came out cooler than anticipated. The idea is that the Federal Reserve will not have to slow down the economy as much as one side, and that could lead to more demand for crude oil.
GENERAL RANKINGS – THE 5 ECN BROKERS ON AUGUST 2022 BY WIKIFX
There are many ECN forex brokers in today’s forex market. In today’s article, WikiFX recommends 5 solid ECN brokers for you to choose from. And you should not miss it.
CONFUSION AMONG MANUFACTURERS BECAUSE OF FOREX SHORTAGE
Some Nigerian manufacturers have voiced concern that they are now in danger of going out of business due to the ongoing lack of foreign currency needed for operations. The situation is becoming worse despite requests for the CBN to prioritize and evaluate the present foreign exchange (forex) policy to permit firms to access forex for the import of raw materials through a dedicated window. Mansur Ahmed, the president of the Manufacturers Association of Nigeria (MAN), bemoaned last week that the real sector is being discouraged by the existing currency policy, which allocates cash at the same rate and window to both importers of completed items and those of raw materials. He bemoaned the paucity of foreign currency and said that "since we don't have a very substantial raw resources base in this nation," the majority of the raw materials that businesses need is imported.
MORE ISSUES WITH LOCAL AVIATION AS THE FUEL AND FOREX PROBLEMS WORSEN
Low Fleet Capacity Causes Airfares to Rising and Route Network to Swell; Stakeholders Tell Operators to Sell What They Buy.
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