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.
Another fraudulent forex broker has been exposed by an investor!
While financial markets have long been a target for fraudsters, the foreign exchange market is especially vulnerable due to the sheer volume of transactions. With an average daily turnover of $6.6 trillion, the FX market is the most appealing area for money launderers to escape with their wealth. We assume Forex4You is a shady business and advise investors not to join up with it because of several complaints lodged against it.
The British regulator FCA issued a warning against 9dayfx on September 14th!!!
The Cyprus Securities and Exchange Commission (CySEC) issued a warning to Cyprus Investment Firms (CIFs), specifically CFD issuers, urging them to take urgent measures to "modify their procedures."
The Cyprus Securities and Exchange Commission (CySEC) announced today a settlement of €150,000 with FXBFI Broker Financial Invest. The company is accessible via two authorized domains: www.fxbfi.com and www.101investing.com.
Fintech is evolving its security measures but fraudsters are still present in the industry
BXY was the token issued by the now-defunct crypto exchange, Beaxy. Chicago Crypto Capital sold the tokens from August 2018 to September 2019.
Revenue for the OTC business saw 5 percent growth. Active traders remained in line with the previous year.
The broker has chosen Disruptive Capital Acquisition Company as its SPAC partner. Saxo will not issue any primary shares.
Finalto will be exhibiting at booth #50 and participating in several talks and roundtables
It ended the year in losses. The broker terminated all trading services last month.