Binance's legal challenges in Nigeria spotlight the complex interplay between global crypto platforms and regulatory bodies, urging industry evolution.
Philippines' SEC, with NTC's aid, blocks Binance, impacting its global cryptocurrency operations due to lack of proper licenses, aiming to protect local investors.
Beware! Malaysian forex investors lose 3.5 million Ringgit to scams. A 60-year-old woman fell for a high-return forex plan, urging caution for all investors. Superintendent Abdul Malik stresses verifying investments, avoiding unrealistic returns. Stay safe: research thoroughly, use WikiFX app to spot fraudsters and safeguard your finances!
It's important to think about a broker's reputation and track record when selecting one. However, if Brokers do not meet these key criteria, it's advisable to avoid dealing with these unlicensed brokers. The Financial Conduct Authority (FCA) of the United Kingdom released a warning list of these dishonest brokers. Have a look and be safe
The Philippine SEC warns against investing in unauthorized arbitrage, Circle Trade, and FX Affiliate, exposing their Ponzi-like and fraudulent schemes.
The impact of crypto on Nigeria's import and export sector is still unfolding. While there are clear potential benefits, significant challenges need to be addressed.
The CBN's efforts to address the forex shortage are a positive step towards ensuring economic stability. However, long-term solutions require economic diversification and increased non-oil exports.
In this article, we will conduct a comprehensive examination of QuoMarkets, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
Discover the ultimate trading secret: the battle between fundamental and technical analysis unveiled.
Retail FX broker Plus500 Ltd (LON: PLUS) is gearing up for a significant expansion, according to sources familiar with the company's plans in Israel. Reports indicate that Plus500 is securing an additional 5,800 square meters of office space adjacent to its current global headquarters in Haifa, Israel. Alongside this move, the company is actively engaged in recruiting new talent across various departments.
London court convict's woman for laundering $4.3B in Bitcoin into real estate and jewelry, highlighting global anti-cybercrime efforts.
In the ever-shifting landscape of forex and cryptocurrency markets, collateral trading stands tall as a formidable strategy wielded by traders hungry for amplified returns, leveraging assets to ride the waves of market volatility; yet, beneath its promise of riches lies the lurking danger of leverage, a double-edged sword that demands caution and finesse.
Scope Markets expands in the Middle East with its fifth branch in Lebanon, enhancing services for retail traders with a diverse portfolio of over 40,000 stocks.
In today's forex market, investors face various challenges and risks. According to a WikiFX survey, fund security has become the primary consideration factor for forex investors in choosing brokers, accounting for over 90%.
Doo Group secures a CMS license in Singapore, expanding its Far East-focused brokerage services. This follows a Type 1 license in Hong Kong, marking a significant growth phase.
In the fast-paced world of foreign exchange trading, the promise of lucrative returns often lures individuals into the orbit of forex prop firms.
The foreign exchange market, often known as the currency market, is a worldwide decentralized over-the-counter (OTC) market where currencies are traded. The foreign exchange rates for each currency are set by this market.
Following N1,602.75/$1 on Friday, the naira rose to N1,572.86 per dollar on the official market on Monday, indicating a promising start to the FX market.
The Australian dollar and the Japanese yen saw a jump in volatility during Tuesday's Asian trading which assessed the monetary policy announcements released by the Bank of Japan (BoJ) and the Reserve Bank of Australia (RBA).
Bangkok, Thailand - March 23, 2024 - WikiFX, the renowned financial platform, hosted a highly successful event at the prestigious W Hotel in Bangkok, Thailand, on March 23, 2024. The event, held from 6:00 PM to 9:00 PM Thailand time, attracted over 140 esteemed guests from various sectors of the financial industry.