Scam exists in any financial markets and the forex market is no exception.
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.
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.
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.
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.
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.
Traders are being increasingly targeted by investment scams carried out via online trading platforms where fraudsters offer trades in forex, CFDs and crypto assets.
It is always a sign to be skeptical if a completely unknown FX broker claims to be authorized, regulated and registered by the key competent authorities and regulators.
XAU Merlion has headquarters in Cambodia, Phnom Penh, and is an online forex broker offering a series of financial instruments to its clients. WikiFX has made a comprehensive review of this broker by analyzing its regulations, specific information, etc. so that you have a deep understanding of this broker.
In order to facilitate our targeted help, WikiFX divides complaints from investors into four types based on the victim's reason for complaining. Throughout July and August, WikiFX has collected nearly 2,000 complaints. A question has been raised in our mind: what type of exposure appears most frequently? In this article, WikiFX will rank the exposure categories according to their severity.
There has always been a constant debate among retail traders over which analysis method is superior or “bulletproof”. Truth be told, to be an elite retail trader, you need to know all three of them to be able to form your own sound judgment.
Spread Betting is a derivative method often used by market speculators if you're seeking a flexible approach to playing the markets in the UK. Using this strategy, traders may try to benefit from price swings without owning any underlying assets. This article will present you with all of the information you need to know about Spread Betting in the UK, as well as an evaluation of its pros and hazards.
Winning award means being recognized - the same is true in the forex market. And that's why many brokers like to prove themselves as trustworthy company by showing their awards.
No fraudster will give up scam - an illegal and unethical but fast money-making method. The former website it operated now has been suspended. And now it comes back with new websites and trade names - Equity Broker and InvestCore.
CLSA Premium Ltd. (HKG:6877), a Hong Kong-based forex broker, has suspended operations in Australia, claiming continuous losses in the firm.
Tools for Brokers, a trading technology firm, announced the establishment of a new Singapore office on Thursday. It was a deliberate decision by the corporation to increase its footprint in Asia Pacific.
The Spanish regulatory body CNMV issued an official warning against DT Securities on September 5th!!!
No forex brokers are directly linked to a nation’s tax bureau. If your forex broker is requesting for tax payments from you claiming that they are doing it on behalf of the tax bureau, it is a trap. Be careful!
OmegaPro's recent activities and acquisition and their regulatory status. Omega Pro is a forex broker well-known for hosting large events and bringing in popular artists, players, and celebrities to get more audiences.
As forex trading gets popular among traders, many unlicensed brokers are trying to attract investors with its self-claimed fantastic attracting information as their cheating ways.