Germany’s BaFin Fines BofA $5.3M for Delay in Reporting Voting Rights Notifications

Additional details are yet to emerge. Bank of America’s net income dropped 13% to $6.1 billion in Q2 2022.

News 2022-08-15 11:17

Zero Hash to Become a Digital Currency Exchange Provider in Australia

Zero Hash has been registered by the Australian Transaction Reports and Analysis Center. The Australian subsidiary has appointed Claire Wivell Plater as a NED.

News 2022-08-15 11:14

Crypto.com Continues Global Expansion, Gets Approval in Cayman Islands

Crypto.com to offer a suite of digital asset products and services. The crypto exchange announced securing VASP registration in South Korea on Monday.

News 2022-08-15 11:11

Hotbit Halts Deposits and Withdrawals Following a Criminal Investigation

A former employee of Hotbit is being investigated for violating the law. Part of Hotbit's assets were frozen, which led to the suspension of its services.

News 2022-08-15 11:09

HOW FUEL SHORTAGES, FOREX SHORTAGES, AND RUNWAY CLOSURES IMPACTED AIRLINE OPERATIONS

The Airline Operators of Nigeria (AON) has again cautioned the nation's airlines that their capacity to continue operations is in jeopardy due to growing fuel and supply costs.

News 2022-08-14 09:30

Rand in Danger as South Africa Starts to Change Policies

The rand may become more volatile if the South African central bank changes how its monetary policy is carried out.

News 2022-08-14 09:00

Robot Trading

Forex trading is one of the most desired skill yet it poses so many challenges. Not only do you have to master your trading strategy and understanding, you have to master and control your human emotions and urges which is no easy task. The human element is the one which poses the most problems when it comes to trading and some have come to the conclusion that it is best to leave the trading up to a robot instead of doing the trading yourself.

News 2022-08-13 09:30

WikiFX Review: Can O3FX make your money safe?

O3FX is an online forex operating brokerage firm that provides traders with online trade services. However, can this broker make your money safe? To find the answer, WikiFX has made a comprehensive review of O3FX and you should not miss it.

News 2022-08-13 09:00

More money if you want to withdraw? A Japanese victim exposed Winter Snow Limited to WikiFX.

Winter Snow Limited is an online forex broker that recently caught our attention. One investor from Japan told WikiFX that Winter Snow Limited does not allow him to withdraw if he does not deposit more money in his trading account. In this article, we will expose this case to you in detail based on the evidence provided by the victim.

Exposure 2022-08-12 19:00

Did Wintersnow Limited Buy Fake Followers on Twitter?!

Buying followers for social media accounts is becoming increasingly popular. Celebrities, influencers, wannabes, and businesses do so to boost their social standing, in hopes of increasing their credibility.

Exposure 2022-08-12 18:00

Forex scam artists, how to find and avoid them

The forex industry has almost become over saturated with scammers looking to make a quick buck. They are the sly snakes of the trading industry, looking to use our hope as traders for a successful future to con us into giving them money based on their empty promises. Today we will be discussing the tell tales of what these scammers tricks look like and show you how to avoid them.

News 2022-08-12 17:40

MANUFACTURERS WANT A DISTINCT FOREX WINDOW FOR IMPORTING RAW MATERIALS.

The Manufacturers Association of Nigeria (MAN) is pleading with the Central Bank of Nigeria (CBN) to examine the present foreign exchange (forex) policy in order to give manufacturers access to forex through a designated window for the importation of raw materials.

News 2022-08-12 17:37

FVP Trade Update: Vietnam State Television (VTV) has exposed FVP Trade scams.

On August 11, 2022, the Vietnam State Television(VTV) exposed FVP Trade scams to the public. The show gave a lengthy and comprehensive overview of the FVP Trade scam. The show lasted nearly six minutes. Just a short time ago, Vietnamese police arrested the Head of the FVP Trade Representative Office in Quang Binh, Vietnam.

Exposure 2022-08-12 17:31

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.

News 2022-08-12 16:30

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.

News 2022-08-12 15:11

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”.

News 2022-08-12 13:56

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.

News 2022-08-12 13:24

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.

News 2022-08-12 12:31

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!!!

Exposure 2022-08-12 11:06

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.

News 2022-08-11 19:18
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