Review of Option2Trade: A Cautionary Tale for Traders

Uncover the risks with Option2Trade: a broker's non-compliance and website issues pose potential investment hazards.

Pagkalantad 2024-03-19 13:56
 WikiFX Broker Assessment Series | Is xChief Legit or a scam?

WikiFX Broker Assessment Series | Is xChief Legit or a scam?

xChief (formerly known as Forex Chief) is a forex broker located in Mwali, regulated by Reg.number HY00923433 the Mwali International Services Authority (MISA). xChief, It was founded in 2014.

Mga Balita 2024-03-18 19:09
CONSOB warned against fake websites

CONSOB warned against fake websites

CONSOB Italy’s regulator, issued a warning regarding the fraudulent websites impersonating legitimate investment firms. These fake websites aim to deceive unsuspecting investors into providing personal information or making financial transactions.

Mga Balita 2024-03-18 18:53
WikiFX Broker Assessment Series | Auric Markets Limited: Is It Trustworthy?

WikiFX Broker Assessment Series | Auric Markets Limited: Is It Trustworthy?

In this article, we will conduct a comprehensive examination of Auric Markets Limited, 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.

Mga Balita 2024-03-18 17:45
Doo Financial HK Takes Flight with Key License

Doo Financial HK Takes Flight with Key License

Doo Financial HK Limited secures pivotal Type 1 License, expanding its securities trading services in the region after rigorous evaluation and bolstering its global presence.

Mga Balita 2024-03-18 17:40
Capital.com Temporarily Halts UK Registrations

Capital.com Temporarily Halts UK Registrations

Despite temporarily pausing new client registrations under its Capital Com (UK) Limited division, Capital.com, holding active authorization from the UK’s Financial Conduct Authority (FCA) since 2018, maintains an unaffected operating license.

Mga Balita 2024-03-18 17:19
MFSA Warns Against AI Trading Tool Libra

MFSA Warns Against AI Trading Tool Libra

MFSA warns against Libra's AI trading tool, urging public caution. Libra is unlicensed in Malta and may pose financial risks. Verify before investing.

Mga Balita 2024-03-18 17:12
FTX Founder Prosecutes 40–50 Years In Prison, Prosecutors Said

FTX Founder Prosecutes 40–50 Years In Prison, Prosecutors Said

Sam Bankman-Fried, a prominent figure in FTX, is currently facing the prospect of a 40–50-year prison term for what prosecutors label as "historic fraud." This situation highlights the shifting landscape of ethics and risks in the cryptocurrency domain.

Mga Balita 2024-03-18 15:52
CONSOB orders blocking of access to seven unauthorized investment websites

CONSOB orders blocking of access to seven unauthorized investment websites

Italy's Companies and Exchange Commission (CONSOB) has recently taken action against unauthorized investment websites, issuing orders to block access to seven platforms deemed illicit.

Mga Balita 2024-03-18 15:31
SCAM ALERT: Wall Street Exchange

SCAM ALERT: Wall Street Exchange

PAY ATTENTION! The Financial Conduct Authority (FCA) issued a warning against the Wall Street Exchange. According to the Authority, This firm is not authorized by us and may be targeting people in the UK. The FCA shared details of the fraudulent firm.

Mga Balita 2024-03-18 14:09
Rescue Frees Hundreds from Philippines Love Scam

Rescue Frees Hundreds from Philippines Love Scam

Law enforcement in Philippines rescues victims from a fraudulent scam center near Manila. Victims include 202 Chinese and 73 foreigners, exposing the pervasive threat of online fraud.

Mga Balita 2024-03-18 13:31
Crypto Blamed as Scapegoat for Naira's Woes, Will the Ban on Crypto exchanges revive the Naira?

Crypto Blamed as Scapegoat for Naira's Woes, Will the Ban on Crypto exchanges revive the Naira?

Nigeria's crypto landscape remains in flux. While the ban may not be the main culprit behind the Naira's struggles, a more nuanced approach is needed.

Mga Balita 2024-03-18 11:04
Is Forex Trading the Answer to Nigeria's Economic Woes?

Is Forex Trading the Answer to Nigeria's Economic Woes?

Forex trading can be a profitable avenue for a select few, but it's not a solution for Nigeria's economic woes.

Mga Balita 2024-03-18 10:57
US DOLLAR REMAINS STABLE TODAY AHEAD OF IMPORTANT INFLATION DATA IN FOREX

US DOLLAR REMAINS STABLE TODAY AHEAD OF IMPORTANT INFLATION DATA IN FOREX

Tuesday morning in Europe continues to see comparatively modest activity on the financial markets. After reporting modest gains on Monday, the US Dollar (USD) Index remains stable just below 103.00. Meanwhile, as investors brace for the release of the February Consumer Price Index (CPI) data, the yield on a 10-year US Treasury note fluctuates at about 4.1%.

Mga Balita 2024-03-17 08:30
NO FDIS FOR MONTHS FOLLOWING FX LIBERALIZATION AND SUBSIDY REMOVAL

NO FDIS FOR MONTHS FOLLOWING FX LIBERALIZATION AND SUBSIDY REMOVAL

Multinational corporations are leaving the nation six months after the foreign exchange market was liberalized and gasoline subsidies were removed. Despite this, there is no indication of foreign direct investment (FDI).

Mga Balita 2024-03-17 08:00
FOREX TODAY: THE US DOLLAR IS HAVING TROUBLE RISING TO BEGIN THE WEEK

FOREX TODAY: THE US DOLLAR IS HAVING TROUBLE RISING TO BEGIN THE WEEK

The US Dollar early on Monday following a week in which it lost significantly to its main competitors. After dropping more than 1% last week, the USD Index is now below 103.00, while the yield on the benchmark 10-year US Treasury above 4%. There won't be any significant data releases to begin the week according to the economic calendar.

Mga Balita 2024-03-16 08:30
FOREX CRISIS: MTN NIGERIA HAS LESS MONEY TO INVEST ON INFRASTRUCTURE

FOREX CRISIS: MTN NIGERIA HAS LESS MONEY TO INVEST ON INFRASTRUCTURE

The extended foreign exchange crisis in the country has, according to MTN Nigeria's Chief Financial Officer, Mr. Modupe Kadri, caused the business's fixed capital expenditure in Naira to lose value. As a result, the company has less money to spend in infrastructure.

Mga Balita 2024-03-16 08:00
My Forex Funds vs. CFTC: Legal Battle Erupts Amid Allegations of Bad Faith

My Forex Funds vs. CFTC: Legal Battle Erupts Amid Allegations of Bad Faith

Legal representatives of Traders Global Group, who operate under the name My Forex Funds, have initiated legal proceedings by filing a motion seeking sanctions against the Commodity Futures Trading Commission (CFTC) for alleged misrepresentation of facts and acting in bad faith.

Mga Balita 2024-03-15 20:13
Stay away from Rapid Capitals

Stay away from Rapid Capitals

It is advisable to avoid engaging with the broker known as Rapid Capitals. UK’s FCA issued a warning against this particular broker. By staying away from Rapid Capitals, you can avoid potential headaches and financial losses that may arise from working with an untrustworthy broker.

Mga Balita 2024-03-15 19:29
HK Regulator warns against unlicensed Trading platform MEXC

HK Regulator warns against unlicensed Trading platform MEXC

The Hong Kong regulator (Securities and Futures Commission) issued a warning against the unlicensed trading platform, MEXC. The Authority cautioned investors about dealing with MEXC due to its lack of proper licensing and regulation in Hong Kong.

Mga Balita 2024-03-15 19:13

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