ECONOMIC STRESS IN NIGERIA CAUSED BY INFLATION, FOREIGN EXCHANGE, AND DEBT SERVICING
According to the Lagos Chamber of Commerce and Industry, the Nigerian economy is under severe stress as a result of increased inflationary pressure, foreign exchange difficulties, debt servicing, and insufficient tax collection.
Gold 'scam' robs SA of billions, says SARS
A comprehensive secret investigation into the second-hand gold market by the South African Revenue Service (SARS) revealed what seems to be a staggering multibillion-rand tax evasion operation.
From MetaQuotes: "The Issue Against Apple Is Fixable"
According to prominent sources in the Retail FX and CFDs brokerage market, MetaQuotes has quietly let its clients know that the situation with Apple is fixable and that it is working on restoring both MT4 and MT5 on the Apple App Store "as soon as practical."
Wintersnow Ltd: 10% Deposit for Anti-Money Laundering?!
Scam forex brokers are capable of making excuses or justifications for tricking their uninformed trading clients into making payments which are unnecessary in the first place.
In Fiscal Year 2022, ASIC Approved 578 New Licenses
"The report emphasizes our crucial license assessment work and gatekeeping responsibilities in ensuring high standards in the financial services and credit sectors," ASIC Commissioner Danielle Press said.
WikiFX Education: How Do You Automate Trading?
'Automated trading' refers to a set of operations designed to speed up market monitoring and trade execution by using computer systems.
WikiFX Review: Are you still trading at CoinDeskOption?
Abstract: Be especially wary of offshore regulated brokerages, which will run away with your money!!!
WikiFX Scam Alert: Beware of RVTH (Revolut Trade Hub)!!!
RVTH (Revolut Trade Hub) was officially exposed as a scam by the British regulator FCA, which issued a warning against the brokerage. Blacklisted brokers are fraudulent and should be avoided no matter what!
Forex Trading in South Africa for the Long Term
These days, forex trading is quite well-liked in South Africa. Social media profiles that include pictures of profitable forex traders truly appeal to many people. To optimize their profits, the majority of these traders engage in long-term forex trading as opposed to short-term trading. So, let's start by defining forex trading and discussing how to do it over the long run.
CBN: TO GENERATE $200 BILLION IN FOREX FROM NON-OIL EXPORTS, MORE COMMODITIES ARE NOW BEING SEIZED.
The United Bank for Africa (UBA) has showed that 200 exporters accounted for 95% of the $4.2 billion Nigeria generated from non-oil exports in 2021. The Central Bank of Nigeria (CBN) said its RT200 strategy has started to draw more commodities into the Nigerian export ledger.
ACCORDING TO LCCI, NIGERIA COULD EXPERIENCE ECONOMIC STAGFLATION.
The Lagos Chamber of Commerce and Industry, or LCCI, issued a warning yesterday, stating that unless immediate action is made to address the economic growth, Nigeria runs the risk of entering an economic stagflation.
ED Seizes OctaFX's Bank Accounts For A Suspected Unlawful Forex Trading Scheme
On Thursday, September 29, the Directorate of Enforcement (ED) said that it has frozen the accounts of OctaFX India Private Ltd and connected firms with a total value of Rs 21.14 crore due to a violation of FEMA regulations.
WikiFX Fraud Alert: Plz stay clear of Fidexmarket!!!
A broker who gets a low score from WikiFX is a dangerous company. This is a reminder to stay away from unscrupulous brokers and keep your money safe!
How DtpFX Ltd Scammed Their Investors And Now Is Nowhere To Be Found
The Financial Conduct Authority (FCA) has issued a warning regarding a forex scam involving a company named DtpFx Ltd. Despite being warned, it continues to engage in deceptive behavior. In order to persuade investors, the con artist uses enormous leverage and the promise of financial rewards. The true identity of this organization ought to be known by every Forex trader.
MetaQuotes' Apple Delisting Creates "Lots of Headaches"
The surprise of MetaQuotes Apps removal has caused a considerable stir. Whilst benefiting its competitors, its removal impacts a large number of brokers.
NFTs Regroup After a Bear Market Summer
NFT sales volumes are down, but large projects are securing funding to develop their brands. Despite bearish conditions, some well-executed new NFT projects have generated activity.
Is Copy Trading Still Popular in 2022?
The market size of the industry stood at $2.2 billion by the end of 2021. However, are market conditions curtailing copy trading?
Don’t let your trading platform be the single-point-of-failure
Modern brokerage requires a modern trading platform
Trading Point of Financial Instruments UK Sees 56% Dip in Revenues during 2021
The company posted a loss of approximately £1.17 million. In 2020, the company witnessed a loss of almost £118,000.
DMALINK Strengthens FX and Bullion Presence, Onboards Crédit Agricole CIB
Crédit Agricole CIB has added DMALINK as a platform to provide custom eFX and precious metals pricing. The onboarding will facilitate the buy-side clients.
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