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Starting Forex Trading: What is Leverage and Margin?

Leverage can greatly amplify profits and losses as merchants can control larger positions using less money (margin). Leverage transactions are also called margin transactions.

News 2022-07-25 10:25

Alert: Beware of the Unlicensed Iraq-based Broker RIFX

RIFX is an illegitimate broker operating in Iraq and the website is available in both English and Arabic.

News 2022-07-25 10:13

PU Prime Picks Up "Best Mobile Trading App Europe 2022

And "Best" Affiliate Partnership Program Europe 2022" at the International Business Awards.

News 2022-07-25 10:07

CySEC Launches new cautionary awareness campaign

Founded in 2006, the Cyprus Securities and Exchange Commission(CySEC) has proved to be one of the busiest and most informative regulators in the world. Just this Tuesday, the commission began a new campaign aimed at educating investors about investment scams and fraudsters around the world.

News 2022-07-24 09:00

5 NEW "DARK HORSES" IN THE TOP 50 BEST BROKERS IN JULY

The ranking of the best exchanges each month is always the place to comprehensively evaluate brokers around the globe. Not only the top names, but users also pay attention to how much the "war horses" have just entered the race track. Let WikiFX take a look at the potential brokers who have just entered the rankings this month!

News 2022-07-23 09:30

NIGERIANS ARE INCREASING THEIR DESIRE FOR FOREIGN CURRENCY AS SHORTAGE REMAINS

Despite the loss and shortage of the currency, Nigerians still have the urge to trade in foreign exchange trade. The foreign currency has been a day one trade for Nigerians despite the fact that, the rate of naira to dollar is so alarming, that still doesn’t stop them from trading the foreign exchange. Their desire to trade forex keep on increasing despite the shortage of currency

News 2022-07-23 09:00

China confident of resolving impact from Fed tightening – forex regulator

China is confident of resolving the impact of monetary policy tightening by the U.S. Federal Reserve and has the basis to do so, the foreign exchange regulator said on Friday.

News 2022-07-22 20:03

WTI Crude Oil Forecast: Crude Oil Plunges to the 200 Day EMA

The West Texas Intermediate Crude Oil market plunged significantly during the trading session on Thursday to reach down to the 200 Day EMA. At this point, the market is starting to look at technical analysis as a potential support level. If we break down below the 200 Day EMA, the market then will test the hammer from the previous week, and if we were to break down through that hammer, then it should open up a bit of a “trapdoor” for sellers.

News 2022-07-22 19:35

Honey trap? The girls recommended Fuhui FX to the investor, resulting in the investor being deceived

Fuhui FX is a China-based online forex broker that is newly established. As we know so far, this broker is accused of using pretty girls to lure users into investing. Eventually, the victim can not take the money back after investing. Recently one investor from Bangladesh, Mr. Mohanmad, told WikiFX that this broker is a scam by taking his funds away fraudulently. The reason why he invested in this broker is because of two girls. In this article, we will expose the process of how Mr. Mohanmad got scammed based on the evidence gathered by WikiFX.

Exposure 2022-07-22 19:30

A Confession of FVP Trade's Client | Fees & Account Freezing?

FVP Trade is a forex broker that has gotten a lot of attention lately because it has been freezing clients’ trading accounts. This is one of the scariest incidents for forex traders because your hard-earned money is out of your control and there is no way to know how things will turn out to be.

Exposure 2022-07-22 18:30

Is copy trading profitable.

I am sure if you have been a trader for at least one year you have heard about copy trading either from traders or pop up adds from social media. It sounds enticing especially if you aren’t yet a profitable trader. But the question is should you really involve yourself copy trading. I mean what could go wrong?

News 2022-07-22 17:00

WikiFX Review: Is Omega Pro a legit broker or just another scam?

Is it wise to invest in Omega Pro?

Exposure 2022-07-22 15:53

What are Commodity Currency Pairs?

Countries with substantial natural resources that account for revenue and tax receipts have an implicit backing for their legal tender.

News 2022-07-22 15:23

Gold Technical Analysis – How Do Professionals Trade Gold?

Professional investors will track the direction of Treasury yields and the value of the US dollar, which are the driving forces behind the value of gold.

News 2022-07-22 15:20

Basics of Forex Trading

Now that you’ve learned the basics of forex trading, as well as its key terms and concepts, let’s take the next step and look at three types of currency markets and how participants use them to seek profits or protect capital.

News 2022-07-22 15:18

How Does a Country’s Gold Reserve Affect its Economy?

Last month I watched one of James Bond’s movies called ‘Golden Finger’, which was produced in 1964. The story was about a villain who wanted to contaminate the US gold reserve in Fort Knox, his notion was to save gold bullions that will eventually multiply its price. As I was watching this movie, I wondered about the reason of any government to own gold, and how important is that process? What will be the consequences if the movie’s events occurred in reality?

News 2022-07-22 15:12

Column: Dollar cresting as central banks ape Fed: Mike Dolan

Central banks around the world are starting to sing from the U.S. Federal Reserve’s hymn sheet – and it could well be a coda to the dollar’s startling appreciation of the past year.

News 2022-07-22 14:39

WikiFX Review: Is JustForex a scam or a legit broker?

JustForex, an offshore brokerage that claims to be licensed, is the subject of our investigation.

Exposure 2022-07-22 14:11

Moneta Markets Introduces 600+

- New Products to Trade Following the Launch of Their NY Data Centre and Trade Servers

News 2022-07-22 13:55

Investors Reported 5Markets is A Complete Scam

Scam exists in any financial markets and the forex market is no exception. How could investors know fraudulent brokers? Well, you can check on WikiFX.com

News 2022-07-22 13:50
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