Abstract:A wise trader should know the brokers’ regulatory information as early as possible. WikiFX brings you the latest information about brokers whose regulatory license status has changed within a week, so we hope you can avoid these risks.
A wise trader should know the brokers regulatory information as early as possible. WikiFX brings you the latest information about brokers whose regulatory license status has changed within a week, so we hope you can avoid these risks.
The following are the brokers whose regulatory licenses have been changed currently. Be alert!
Please note that the status of the Hong Kong Securities and Futures Commission (SFC) license claimed by ADSS has changed to “revoked”.
WikiFX has given this broker a low rating of 6.91/10. This broker still claimed to hold a license from UKs Financial Conduct Authority(FCA).
VICTORIA CAPITAL
As far as we know, VICTORIA CAPITAL is not regulated by any regulatory institution. Recently WikiFX has received plenty of complaints against this broker. The victims accused this broker of withdrawal rejection. We suspect VICTORIA CAPITAL to be a scam. And a score of 1.39/10 has been given to this broker. Please be aware of the potential risk.
VC GROUP claims to hold the Hong Kong Securities and Futures Commission(SFC) license, However, we note that the status has been changed to “revoked”. WikiFX considers it an unregulated broker and gives it a very low rating of 1.52/10.
Oks Markets Limited does not hold any regulatory license now, therefore, the risk of investing in this broker remains. WikiFX has given this broker a fairly low score of 1.25/10.
Knight Trader fx
The Cyprus Securities and Exchange Commission (CYSEC) license, a UK Financial Conduct Authority (FCA) license, and a South African Financial Sector Conduct Authority (FSCA) license held by Knight Trader fx, has changed their status to “Revoked”.
This broker has been given a score of 1.23/10 by WikiFX. We advise you to stay away from it.
KIWIBULL
The status of KIWIBULLs New Zealand Financial Services Providers Register (FSPR) license, has been changed to “Revoked”. WikiFX has given this broker a low rating of 1.84/10. And we consider this broker unregulated.
xDirect
The Vanuatu Financial Services Commission (VFSC) license claimed by xDirect is “revoked”. And WikiFX has given it a score of 1.44/10.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Interactive Brokers has expanded trading hours for US Treasury bonds, now allowing trading for 22 hours daily.
Proprietary trading firms, commonly known as prop firms, have been gaining attention in the forex and cryptocurrency industry. These firms recruit traders to trade with their capital, offering potentially lucrative opportunities. However, the question arises: Are prop firms truly worth the hype?
CFI Financial Group integrates with TradingView, offering clients access to 4,000 trading instruments and a community of 50M+ traders, along with advanced charting tools for an improved trading journey.
Belgium's FSMA alerts the public to recovery room fraud, where scammers posing as professionals offer fake aid to recover losses from investment fraud.