B2Broker Bolsters Leverage for FOREX, BTC, and ETH Trading
B2Broker increases leverage for major FOREX pairs to 1:200 and for BTC and ETH to 1:50, enhancing trading flexibility.
Leverate Losses ICF Membership & CIF Authorization
CySEC recently addressed the termination of Leverate Financial Services Ltd.'s membership in the Investors Compensation Fund (ICF), clarifying that clients remain eligible for compensation despite the loss of membership, while highlighting broader regulatory actions and enforcement measures undertaken by the commission.
Binance in Legal Crosshairs: Ontario Court Gives Nod to Class Action
Ontario's Superior Court of Justice has given the green light to a class action lawsuit against Binance, alleging violations of securities laws, amidst escalating regulatory scrutiny in the cryptocurrency trading sphere.
CySEC Excludes Leverate from Investor Protection Fund
CySEC removes brokerage solutions provider Leverate from its Investor Compensation Fund, safeguarding client rights.
Binance Faces Legal Actions in Ontario Over Unregistered Sales
An Ontario court files a class action against Binance for selling unregistered crypto derivatives to investors.
“Not been able to withdraw money since I deposited”
An Orfinex user from the Philippines recently filed a complaint with WiKiFX. The complainant stated, "I've never been able to withdraw money from my account since I deposited it." "I am one of the victims of the scam of affiliate trading with ISE and Orfinex Prime," the user wrote.
True Forex Funds Comes Back with New Trading Technology
True Forex Funds introduces Match-Trader and switches to cTrader after MetaQuotes pulls the license.
FXORO Penalized €360K by CySEC for Investment Law Breaches
CySEC fines FXORO's parent company €360,000 for multiple violations, including dishonest client dealings and inadequate compliance.
Breaking: Orfinex defrauded $40,000.
The world of forex trading has its fair share of success stories, but unfortunately, there are also instances where unscrupulous brokers take advantage of investors. One such case involves Orfinex, a forex broker that stands accused of scamming an investor out of $40,000. This alarming incident sheds light on the importance of due diligence when selecting a forex broker and the need for stronger regulatory oversight in the industry.
Caution in Online Trading: Intersphere Enterprises Alleged Scam
Victim E.A. recounts how Intersphere Enterprises' bots led to losses, raising suspicions of a scam. Investigations stress caution in online trading.
Bank of Russia Blacklisted Forex.ee
The Bank of Russia has added Forex.ee, to the list of firms suspected of engaging in illegal financial dealings. As usual, the regulator did not provide the physical address of the online broker.
WikiFX Forex Rights Protection Day has received extensive attention!
Recently, WikiFX Forex Rights Protection Day has received extensive attention and heated discussions within the industry. This rights protection campaign, initiated by WikiFX, aims to expose illegal platforms through user submissions, safeguard the fairness, transparency, and standardization of the forex market, and create a safe and reliable trading environment for investors. As the event progresses, its influence continues to expand, drawing coverage from numerous globally renowned media outlets.
Bitcoin Halving Completed: Impact on Miners and Market Dynamics
The completion of the much-anticipated Bitcoin halving event has implications for the digital currency's ecosystem, particularly affecting companies involved in maintaining its operations, as it halves the reward for miners every four years to ensure the currency's integrity and scarcity.
WikiFX Broker Assessment Series | SaracenMarkets: Is It Trustworthy?
In this article, we will conduct a comprehensive examination of SaracenMarkets, 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.
“Paxful Financials is not taking responsibility” User Said
A Paxful Financials (Broker) user complained on WikiFX about a firm's ignorant behavior. The complainant was defrauded and lost 65.45 USD. He reported directly to the Paxful Financials
FOREX TODAY: AHEAD OF MID-TIER DATA, THE US DOLLAR RETREATS FROM MULTI-MONTH HIGHS.
During Thursday's early European session, there is still some selling pressure on the US dollar (USD). Weekly Initial Jobless Claims, the Philadelphia Fed Manufacturing Survey for April, and March data on Existing Home Sales are all available on the US economic calendar. During American trade hours, a number of Federal Reserve (Fed) policymakers are expected to give lectures.
EXPERTS SAY NIGERIA CAN INCREASE FOREIGN EXCHANGE REMITTANCES BY LOWERING TRANSACTION COSTS.
The foreign exchange market, often known as the currency market, FX 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. It covers every facet of purchasing, selling, and converting currencies at established or current rates. It is by far the biggest market in the world in terms of trade volume, with the credit market coming in second.
End of USD Dominance Amid Escalating Geopolitical Risks
After Israel's retaliation, currency markets face volatility, reflecting geopolitical tensions and influencing global currency forecasts.
ASIC cancels AFS license of JB Markets
According to ASIC's official website, ASIC has decided to cancel the Australian Financial Services (AFS) license of JB Markets Pty Ltd (JB Markets) effective from 12 April 2024.
CLONE FIRM ALERT
Pay notice, investors. Avoid Forexeze's clone firm. The UK's Financial Conduct Authority (FCA) warned against Forexeze's imitation firm. If you are involved in the Forex market, you must visit the FCA's website daily or WiKiFX, as we regularly update which firms have been deemed unauthorized by the FCA.
Latest News
Caution in Online Trading: Intersphere Enterprises Alleged Scam
WikiFXBreaking: Orfinex defrauded $40,000.
WikiFXTrue Forex Funds Comes Back with New Trading Technology
WikiFXBinance in Legal Crosshairs: Ontario Court Gives Nod to Class Action
WikiFXOcean Markets Review: Unregulated Trading Platform Analysis
WikiFXCySEC Added 12 Firms into its New Warning List
WikiFXFXORO Penalized €360K by CySEC for Investment Law Breaches
WikiFXLeverate Losses ICF Membership & CIF Authorization
WikiFXFCA exposed a clone firm
WikiFXCrypto.com Faces Regulatory Issues with South Korea's Launch
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