What to keep in mind while choosing a broker
Selecting a broker is a complicated task that leads to confusion and absurdity. In this article, we will tell you some essential points you should consider while selecting a broker. Here we go:
Nigeria Resumes Crypto Trading With New Guidelines Paving the Way for Regulated Trading
After a two-year ban that sent shockwaves through the Nigerian crypto community, the Central Bank of Nigeria (CBN) has cautiously reintroduced cryptocurrency transactions with the release of comprehensive guidelines for Virtual Asset Service Providers (VASPs).
WikiFX Broker Assessment Series | AMarkets: Is It Trustworthy?
This article provides an in-depth analysis of AMarkets, scrutinizing key features, fees, safety measures, deposit and withdrawal options, trading platforms, and customer service.
The Impact of Mobile Trading on the Nigerian Forex Market
The rise of mobile trading apps has undoubtedly transformed the forex market in Nigeria. By democratising access, fostering convenience, and promoting education, they have brought a new wave of participants and injected fresh dynamism into the system.
China Stops Lending of Restricted Shares to Aid Market
China's securities regulator enforces an immediate ban on lending restricted shares to enhance market stability, ensuring fairness and investor confidence amid economic uncertainties and market fluctuations.
CFI Financial Backs Paris Saint-Germain Post AC Milan
CFI Financial Group strengthens its global presence by becoming the official trading partner of Paris Saint-Germain, marking a strategic move to elevate its brand in the online trading space.
FINRA Warns of LockBit Ransomware Threat
FINRA warns of LockBit ransomware surge, urging heightened cybersecurity vigilance. Protect your organization from this malicious threat.
Copycat of "SAMSTAR CAPITAL"
UK's renowned regulator, the Financial Conduct Authority (FCA), exposed a Samstar Capital clone. The authority said we do not authorize this firm but has been contacting people pretending to be an authorized firm. This is what we call a clone firm. FCA shared all the details of the clone firm, including correct details.
WikiFX is invited to participate in the interview of Argentina’s national television Mundo Empresa.
Recently, WikiFX was invited to participate in an exclusive interview on Argentina's prestigious television program, Mundo Empresa. This event significantly recognized WikiFX's expertise and growing influence in the global financial landscape.
EFCC Summons Firms in $347 Billion Forex Scandal
EFCC investigates $347bn forex scam, targeting firms & Dangote Group from 2014-2023. Aiming for transparency & legal compliance in Nigeria's economy.
DEPRECIATION: "THE NAIRA IS UNDER PRESSURE FROM SUSTAINED FOREX DEMAND."
The reason for the depreciation of the naira against major currencies is attributed to the ongoing demand of foreign money to suit specific demands. Some experts suggested that the Federal Government should not be accountable for the decline in the value of the naira, even if they acknowledged that FX demands for school fees abroad have contributed to the naira's depreciation.
ENOUGH LIQUIDITY IS AVAILABLE TO HANDLE THE FOREX BACKLOG- EDUN
Mr. Wale Edun, the Finance and Coordinating Minister of the Economy of Nigera, has guaranteed that there will be enough liquidity in the banking industry to lower the backlog of foreign exchange (FX).
Barclays' Pinnacle Solutions for Forex Traders: A Comprehensive Insight"
Barclays, a prominent British multinational bank, has positioned itself as a leading player, offering an array of advanced capabilities designed to meet the diverse needs of forex traders. This article delves into the key features that make Barclays an optimal choice for forex enthusiasts, showcasing its cutting-edge tools, services, and unwavering commitment to excellence.
Deutsche Bank's Cutting-Edge Offerings for Forex Traders: A Comprehensive Overview"
Financial institutions play a crucial role in providing the necessary infrastructure and support for traders. Among these institutions, Deutsche Bank# has emerged as a formidable player with a set of robust capabilities designed to meet the diverse needs of forex traders. This article delves into the key aspects that make Deutsche Bank# an ideal choice for forex enthusiasts, highlighting its advanced tools, services, and commitment to excellence.
CONSOB Blocks Access to Unauthorized Investment Websites
CONSOB: Italy's financial guardian. Protecting investors, regulating markets, and ensuring financial integrity. Learn about their vital role.
New! XTB Launches Autoinvest Function
XTB, a fintech leader, introduces auto-invest for UK ETF plans, promoting long-term, passive strategies. Expanding globally, it offers low-entry ETF portfolios tailored to various investors.
Breaking! North Korea Hackers Stole $1B Worth of Cryptocurrency
The latest report from blockchain analytics firm Chainalysis reveals that hacking groups associated with the Democratic People’s Republic of Korea (DPRK) showed a reduction in their crypto theft despite intensifying their activities and diversifying targets in 2023. To date, North Korea hackers had stolen $1B worth of cryptocurrency.
Alert! Binance Officially Bids Farewell with Russia
Binance, the world's largest cryptocurrency exchange, is exiting the Russian market, discontinuing RUB services amid regulatory pressures. Users can engage in P2P trading on CommEX and convert RUB holdings using Binance Convert during the off-boarding process.
HK SFC Warns of Scams Posing as CEO Texts to Public
Hong Kong's SFC warns of fraudulent texts posing as CEO, advises public to be cautious, verify messages, and report scams to protect against financial fraud.
FCA Charges Man in Blackburn £19M for Fraud Case
UK's FCA charges Guy Flintham in Blackburn for £19M fraud, involving 240 investors from 2016-2021, highlighting regulatory compliance importance.