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Warning against TORO BANC

Warning against TORO BANC

Toro Banc got a warning from the UK’s watchdog, the Financial Conduct Authority (FCA), on April 8, 2024. Before this, the authority issued a warning to Toro Banc on November 7, 2023. Still, this firm is providing or promoting financial services to customers. Here are the details.

News 2024-04-09 13:54
Is This the Beacon of Light for MYR?

Is This the Beacon of Light for MYR?

The article suggests positive prospects for Malaysia's Ringgit (MYR) based on projections by BMI, indicating potential strengthening trends in the latter half of 2024 and early 2025. Factors such as anticipated policy relaxation, stability in yield differentials, and favourable external conditions contribute to this outlook. However, whether this constitutes "good news" for the MYR ultimately depends on various factors, including economic performance, policy decisions, and external developments, which may impact currency movements.

News 2024-04-08 19:17
Jefferies Financial Group Completes Acquisition of Stratos, Former FXCM

Jefferies Financial Group Completes Acquisition of Stratos, Former FXCM

Jefferies Financial Group acquires Stratos Group International, enhancing its market stance with strategic prowess and creative financial engineering, marking a significant industry consolidation.

News 2024-04-08 18:46
SEC Philippines Warns Against eToro Promotion

SEC Philippines Warns Against eToro Promotion

The Securities and Exchange Commission (SEC) of the Philippines has issued a stern warning against promoting eToro within the nation due to the broker's lack of authorization, potentially resulting in severe penalties, while eToro denies active promotion amidst regulatory scrutiny.

News 2024-04-08 18:45
Seaprime Review 2024

Seaprime Review 2024

Seaprime is an unregulated brokerage firm based in the United Kingdom. They offer various trading instruments, including CFDs, cryptocurrencies, and commodities. Seaprime provides multiple account types with varying minimum deposit requirements and offers leverage of up to 1:200. They utilize the popular MT5 trading platform and accept deposits and withdrawals through various payment methods.

Exposure 2024-04-08 17:55
When is the Right Time to Buy Bitcoin? - Investment Tips

When is the Right Time to Buy Bitcoin? - Investment Tips

Unlock the secrets to Bitcoin investment: Master volatility, harness analysis, and strategically time your buys and withdrawals amidst fluctuating exchange rates.

News 2024-04-08 17:33
CFI Emerges as Sponsor of Abu Dhabi's Saudi Super Cup

CFI Emerges as Sponsor of Abu Dhabi's Saudi Super Cup

CFI has announced its role as the Official Partner of the Saudi Super Cup. The event is scheduled to take place in Abu Dhabi from April 8th to 11th, 2024.

News 2024-04-08 16:34
The Most Complained Brokers in the USA in March 2024

The Most Complained Brokers in the USA in March 2024

In the US, several brokers faced complaints in March 2024, raising concerns about their practices and reliability. This article focuses on the most complained brokers during that month, as reported by WikiFX.

Exposure 2024-04-08 16:32
The Most Complained Brokers in Pakistan in March 2024

The Most Complained Brokers in Pakistan in March 2024

In Pakistan, several brokers faced complaints in February 2024, raising concerns about their practices and reliability. This article focuses on the most complained brokers during that month, as reported by WikiFX.

Exposure 2024-04-08 16:11
Exploring Forex Bank Accounts: Understanding Account Types and Features

Exploring Forex Bank Accounts: Understanding Account Types and Features

In the world of forex trading, selecting the right bank account is a critical decision that can significantly impact your trading experience and success. With various account types and features offered by banks across the UK and Europe, traders often find themselves navigating through a sea of options. In this article, we delve into the intricacies of forex bank accounts, shedding light on the different types and features available to traders.

News 2024-04-08 16:08
Expanding Horizons: Exploring Market Access and Instrument Variety in Forex Bank Accounts

Expanding Horizons: Exploring Market Access and Instrument Variety in Forex Bank Accounts

Access to diverse markets and a wide range of financial instruments is essential for traders seeking opportunities for profit and portfolio diversification in the forex market. Forex bank accounts in the UK and Europe offer varying degrees of market access and instrument variety, catering to the diverse needs and preferences of traders. In this article, we delve into the importance of market access and instrument variety in forex bank accounts and provide insights on how traders can evaluate and leverage these offerings effectively.

News 2024-04-08 16:05
An In-depth Review of Plus500, A CFD Broker

An In-depth Review of Plus500, A CFD Broker

Unveiling: A detailed Plus500 review focuses on its robust, user-friendly platform, strict regulatory compliance, and extensive market offerings, catering to beginners and experts alike.

News 2024-04-08 15:27
List of Unregulated Forex Brokers

List of Unregulated Forex Brokers

UK’s regulator, the Financial Conduct Authority (FCA) issued an alert list on 05 April 2024 against those brokers which are not FCA-licensed. As per FCA alert list, There are 10 unauthorised brokers. Here are the names and details of the brokers.

News 2024-04-08 14:05
The Funded Trader Halts Whole Operations, Closure Could Be the Next?

The Funded Trader Halts Whole Operations, Closure Could Be the Next?

The Funded Trader, once a prominent name in proprietary trading, has halted operations, sparked widespread concern, and highlighted systemic issues within the industry.

News 2024-04-08 13:32
CFI sponsors the Saudi Super Cup in Abu Dhabi

CFI sponsors the Saudi Super Cup in Abu Dhabi

CFI, a leading online trading broker, has proudly announced its designation as the Official Partner of the historic Saudi Super Cup, slated to take place in Abu Dhabi from April 8th to 11th, 2024. This collaboration represents a significant milestone for CFI, highlighting its influential position in the region and its unwavering support for major sporting events and community endeavors.

News 2024-04-07 16:44
Ensuring Security and Compliance: Navigating Regulatory Aspects of Forex Bank Accounts

Ensuring Security and Compliance: Navigating Regulatory Aspects of Forex Bank Accounts

Forex trading offers lucrative opportunities for investors, but it's crucial to prioritize security and regulatory compliance when selecting a bank account for trading purposes. In the UK and Europe, stringent regulatory standards are in place to safeguard investors' interests and maintain the integrity of financial markets. In this article, we delve into the regulatory aspects of forex bank accounts and explore how traders can ensure security and compliance in their trading activities.

News 2024-04-07 15:17
Empowering Traders: Exploring Forex Trading Platforms and Tools

Empowering Traders: Exploring Forex Trading Platforms and Tools

In this article, we delve into the diverse landscape of forex trading platforms and tools offered by banks in the UK and Europe, empowering traders with the insights they need to make informed decisions.

News 2024-04-07 15:14
WikiFX Broker Assessment Series | Is XFortunes Reliable?

WikiFX Broker Assessment Series | Is XFortunes Reliable?

In this article, we will discuss the broker named XFortunes. If you plan to invest in this broker, it is wise to read this article before taking action.

Exposure 2024-04-07 12:18
MANUFACTURERS' FOREX LOSSES INCREASE BY 566% TO N792 BILLION.

MANUFACTURERS' FOREX LOSSES INCREASE BY 566% TO N792 BILLION.

Examining the performance of major domestic and international companies operating in the country for the fiscal year that ended in December 2023 reveals that the depreciation of the naira caused by the monetary policy reform resulted in a total loss of N792 billion in forex.

News 2024-04-06 08:30
GOLD PRICES RISE AS THE FED MAINTAINS ITS CONFIDENCE IN REDUCING INFLATION.

GOLD PRICES RISE AS THE FED MAINTAINS ITS CONFIDENCE IN REDUCING INFLATION.

As the US dollar corrects, the gold price (XAU/USD) increased during the European session on Tuesday, breaking through a two-day high above $2,190. The US dollar is facing pressure to weaken because Federal Reserve (Fed) policymakers seem to be growing more confident about easing price pressure, despite robust inflation statistics in January and February. This year, three interest rate reductions are projected.

News 2024-04-06 08:00
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