The importance of risk management in Forex: A beginner’s guide for South African traders

The quest to make quick profits from the market has often led some traders to neglect the need for applying proper risk management practices while taking any positions in the market. Some traders tend to trust so much in the accuracy of their analysis and predictions that they neglect that the market can as well disappoint. The outcome of this negligence is always unbearable and often, had resulted in such traders losing their entire capital. Proper risk management practices remain the best way for guarding against loss and remaining profitable in the forex market today.

News 2022-09-06 17:14

Lirunex Bids China Goodbye | Funds Are Getting Returned to Investors

Internet finance is very common in this day and age wherein the advancement of technology has enabled us to have 24/7 access to decentralized markets, such as forex and cryptocurrencies. Bear in the mind these markets themselves are genuine, they only gained a bad reputation due to some scrupulous brokers that are scamming traders and investors

News 2022-09-06 16:56

WikiFX Weekly Livestream - Forex Analysis Trends

Market Trends and Analysis will be discuss by the WikiFX Business Development Representative this coming September 7, 2022 at 7:00 PM (Philippine Time).

News 2022-09-06 14:50

WikiFX Scam Alert: Beware of M24 Markets!!!!

The British regulator FCA issued a warning against M24 Markets on August 30th!!!

Exposure 2022-09-06 14:40

A CNMV Warning: Beware of Unregulated FX Brokers and CMX Markets

CMX Markets is an unauthorized broker based in the Republic of Moldova. The website claims to be an ECN/STP broker, giving traders a diverse selection of trading assets such as FX pairs and CFDs. It lists its benefits: top technology, first-rate customer service, worldwide market financial instruments, and attractive promotions.

Exposure 2022-09-06 13:42

WikiFX Scam Alert: Beware of Novelis Capital!!!

The Spanish regulatory body CNMV issued an official warning against Novelis Capital on August 29th!!!

Exposure 2022-09-06 10:39

Aquis Exchange Launches EU-Wide Dark Trading Venue

The exchange previously offered dark trading services only in the UK. Aquis Exchange took charge of UBS MTF's dark pool business earlier in April.

News 2022-09-06 10:28

Revolut Hires ArgusFX’s Christos Drakos as Executive Director for Cyprus

Drakos has been an Executive Director at ArgusFX and OvalX. He has over 10 years of industry experience.

News 2022-09-06 10:25

Saxo Bank’s Volume Drops for Third Consecutive Month to $311.8B

The total monthly volume stood at $421.6 billion in May. Saxo Bank Japan stops support for MetaTrader4 on Sunday.

News 2022-09-06 10:21

Alpha FX Sees 16% Surge in H1 2022 Profits, Client Numbers Soar

The pre-tax profits of the company came in at £17.8 million. It is going to open new offices in Luxembourg and Australia.

News 2022-09-06 10:18

A Virtual Free Zone in Africa Is Being Discussed with Binance

The Nigeria Export Processing Zones Authority is planning to create a Virtual Free Zone. Talent City for Nigeria was also approached 'to widen economic opportunities'.

News 2022-09-06 10:09

Exclusive: Jefferies to Migrate FX Prime Brokerage Clients to Another Institution

The company is exiting its forex prime brokerage business. Several Jefferies clients reportedly found alternative clearing options.

News 2022-09-06 10:04

2 More Clients of BGI with Burst Accounts

"One hit and you're gone". This is one controversial aspect of forex trading. How can you determine if a trader or a signal provider is good and consistent? Is winning 9 out of 10 trades profitable enough to be deemed good? If you answered yes to that question, start pondering on this golden question, "what if the last trade could wipe everything off?" In forex trading, it never hurts to consider the worst-case scenario first – after all, that is what most people do not do.

Exposure 2022-09-06 10:00

Moscow Exchange’s Forex Market Grows 20.4% in August

MOEX's forex market trading volume hit RUB 20.9 trillion in August. The total trading volumes across all markets grew 7.3% to RUB 81.2 trillion.

News 2022-09-06 09:53

tixee – One of The Best Social Trading Platforms!

The concept of social trading has been around for several years. So far, just a few have catered to this exciting movement. tixee is proving itself as one of the best social trading platforms. Find out why!

News 2022-09-06 09:45

Moneta Markets Launches a New Asset Class of 51 ETFs to Their Portfolio of Trading Products

Global FX and CFD broker, Moneta Markets, has just announced the addition of 51 new real and leveraged ETFs, boosting their range of tradable products to more than 1000!

News 2022-09-06 09:43

ACY Securities Promotes Alla Darwish as MENA Managing Director

ACY Securities, one of the world’s leading tech-focused multi-asset CFD brokers, has promoted Alla Darwish to Managing Director of the MENA region.

News 2022-09-06 09:42

BREINROCK Appoints Anne-Marie Vukovic as Chief Operating Officer

At the helm of BREINROCK’s UK office, Anne-Marie Vukovic will oversee the company’s operations in the country and build the global business development strategy centered on digital asset business development.

News 2022-09-06 09:40

A Multi-Asset Trading Platform from RoboForex Is Named the Best in the LatAm Area

Traders can use over 12,000 trading instruments, one-click trading directly from charts, advanced watchlists, and a free strategy builder that starts and runs in the “cloud”.

News 2022-09-06 09:37

INFINOX announces new Institutional Sales hire Isabella Mannucci to bolster LatAm presence

Isabella Mannucci joins INFINOX’s IXO Prime division as Institutional Sales – LatAm and she is third in a list of senior hires this year to boost the global growth of IXO Prime.

News 2022-09-06 09:35
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