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How to Stay Updated with Forex Market News
Staying updated with forex market news is crucial for informed trading. Learn how to keep up with financial news and the key sources to rely on.
Inflation declines in the UK and Canada in June
In June, both Canada and the UK experienced a notable decline in inflation rates. This trend aligns with the broader global movement toward lower inflation. The British Pound (GBP) rose sharply against the US Dollar (USD), while Canadian benchmark stock indices showed significant gains.
Malaysian Investors Get Unlimited US Market Access with Webull’s New Feature
Webull Corporation (Webull), has introduced a 24-hour stock trading feature for its customers in Malaysia.
CME Group Imposes $130k Fine on Citigroup Global Markets for Rule Violations
The international derivatives marketplace, CME Group, has levied a fine of $130,000 on Citigroup Global Markets, Inc. for alleged violations of COMEX rules. The penalty arises from a series of infractions linked to the bank's back-office accounting platform's failure to maintain accurate records of cleared trades during a period of exceptionally high trading volume.
FOREX.com Japan Confirms Connection Issues for Traders
FOREX.com Japan, the Japanese retail FX subsidiary of StoneX Group, has confirmed that some of its clients are experiencing issues connecting to their trading accounts. The broker has acknowledged the problem and is actively investigating the cause.
TradingView Adds moomoo to the List of Partner Brokers
TradingView has announced the latest addition to its roster of integrated brokers: moomoo. This integration allows users to trade directly from the TradingView platform, enhancing their trading experience with the robust features offered by moomoo.
Must Read for Beginners: How to Start Trading?
A solid foundation is crucial for long-term success. Here are some essential things every new trader should learn when starting their trading journey.
What is Cryptophobia? Why are people scared to invest in crypto?
Cryptophobia is the fear of cryptocurrencies, often stemming from concerns about their volatility, security risks, and lack of regulation. This fear can lead individuals to avoid investing in or using cryptocurrencies altogether, despite their potential benefits.
Saxo Bank Launches Strategic Review by Key Shareholders
Saxo Bank launches a strategic review led by major shareholders to explore growth opportunities, with financial guidance from Goldman Sachs.
Investor Alert: Why You Should Avoid FXopulence?
FXopulence should be avoided due to the number of complaints we are receiving from investors. There is a higher likelihood of fraudulent activities or malpractices within the platform. Investors may face challenges in seeking legal recourse or protection of their investments in case of any issues.
LCG Is Back After 1 Month of Hiatus?
London Capital Group Ltd (LCG), a retail FX and CFDs broker based in London, has successfully resumed normal operations after temporarily halting the onboarding of new clients last month. This disruption followed the forced bankruptcy of LCG's parent company, FlowBank, in Switzerland, which led to some restrictions being placed on LCG's FCA license.
ASIC Bans XTrade Directors, Cancels AFS License
ASIC bans former XTrade directors Shay Zakhaim and Anthony Anderson and cancels AFS license due to financial law violations and immoral conduct.
SEC Awards $37M to Whistleblower for Key Info in Fraud Case
The SEC has awarded $37 million to a whistleblower for providing crucial information that led to a successful fraud investigation, highlighting the program's impact.
WikiFX’s Official Announcement: Warning Against Fraudulent Emails
Recently, WikiFX has received feedback from users reporting that fraudsters are impersonating WikiFX to send fraudulent emails through third-party email services not authorized or managed by WikiFX (including but not limited to Gmail, Hotmail, 163, and other public email platforms).
Beware! Commonly Seen Investment Scam Tactics in Malaysia
In Malaysia's dynamic online trading markets, investors face an array of sophisticated investment scams designed to exploit their desire for quick profits and financial success. Understanding these tactics is crucial to avoiding significant financial losses and protecting oneself against fraudulent schemes prevalent in the region.
FXOpulence Scam "Exposed"
As said before, FXOpulence is stealing the money of its users. WikiFX receives many complaints regarding FXOpulence.
Australian Banks to Refund $28M to Low-Income Customers
Four Australian banks will refund $28M to low-income customers, including First Nations individuals, after ASIC found many were kept in high-fee accounts.
Darwinex Responds to Regulatory Shifts: Halts CFD Offerings in Spain
Darwinex has announced adjustments to its service offerings in response to regulatory requirements set by Spain’s financial regulator, the Comisión Nacional del Mercado de Valores (CNMV), by halting the provision of Contracts for Difference (CFDs) to new retail clients and residents in Spain.
Chinese Scam Brokers Use Fake FMA Licenses in New Zealand
Beware of fake FMA license certificates used by scam brokers in New Zealand. Verify details independently to avoid being deceived by fraudulent investment schemes.
MyTradeWin Broker Review
When it comes to choosing a forex broker, traders need to be extra cautious, especially with the multitude of options available in the market. MyTradeWin presents itself as an ethical brokerage business, claiming to play a vital role in maintaining the integrity of financial markets and fostering trust among traders. However, a deeper look reveals some concerning aspects that potential clients should consider.
Latest News
Canada Leads with Rate Cut: U.S. Bond Market Reacts as Fed's Next Move Anticipated
WikiFXPhilippines Suspends FX, Bond Trading; Stocks Reopen
WikiFXIG Group Posts Weak Results as Market Volatility Eases
WikiFXFCA granted authorization to NCM Financial UK Ltd.
WikiFXIs Volume Profile a Good Indicator?
WikiFXBlueberry Markets Launches Prop Trading Services with Blueberry Funded
WikiFXHow Super Typhoon Carina Disrupted PH Financial Markets
WikiFXRetail Trader Sentiment Update: GBP/USD, AUD/USD, USD/JPY Latest
WikiFXEuropeFX Director Pedro Sasso Banned for Five Years by ASIC
WikiFXHow to Identify and Avoid Pump-and-Dump Schemes in Online Trading
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