FOCUSING ON BDCS WON'T STABILIZE THE NAIRA IN THE FOREX CRISIS- SPECIALISTS
The Economic and Financial Crimes Commission (EFCC) officers' recent crackdown on Bureau De Change (BDC) operators in Abuja, according to economists, would not help to stabilize the naira, which has continued to plummet.
ANALYSIS: NIGERIA MADE SIGNIFICANT MOVES LAST WEEK TO PRESERVE NAIRA
The uncontrolled foreign exchange market looks to be benefiting from the government's action since Saturday, as evidenced by the naira's little increase by the weekend.
ED Interrogates Niranjan Hiranandani in FEMA Violation Case
Niranjan Hiranandani, one of India's billionaires, was questioned by the Enforcement Directorate (ED) for nearly 10 hours about a foreign exchange violation case.
Rwanda Strengthens Oversight of Forex Trading Market
CMA Rwanda regulates FX trading to protect investors and ensure sector's integrity. Learn how the new rules affect leveraged foreign exchange traders in Rwanda.
Best Timing to Win Forex Trading
Learn how to trade forex and win more with these basic rules. Find out when the market is busy and liquid, and how to choose the best currency pairings and sessions for your trading style.
Fraud Alert! Hong Kong's SFC Targets Crypto Exchange BitForex
Amidst escalating concerns over the abrupt shutdown of cryptocurrency exchange BitForex and allegations of a substantial withdrawal, Hong Kong's regulatory authority issues a stern warning, underscoring the pressing need for vigilance and regulatory oversight in the dynamic landscape of cryptocurrency trading.
The High Risks of Trading with Unregulated Broker Voyage Markets
Voyage Markets, an unregulated trading broker, faces scrutiny for operational issues and questionable regulatory practices, urging investor caution.
List of Complained Brokers in India
How do you choose a broker? Based on its regulatory status, valid license, good rating, customer feedback, and so on. Right?
WikiFX Broker Assessment Series | Is Warren Bowie and Smith Reliable?
In this article, we delve into a thorough examination of Warren Bowie and Smith (WBS), scrutinizing its key attributes, fee structures, safety protocols, deposit and withdrawal methods, trading platforms, and customer support services.
Interactive Brokers Gains 680K Accounts, Hits 2-Year Trade High
Feb 2024: Interactive Brokers records a two-year high in trading with 2.44 million DARTs and a significant growth in customer accounts and equity balances.
Is FTX Really Giving Money Back?!
As FTX, the cryptocurrency exchange, initiates the opening of its claim window amidst insolvency, it finds itself embroiled in controversy, facing user discontent over the alleged undervaluation of major crypto assets and triggering discussions about legal ramifications and financial restitution.
Blueberry Markets Ends MT4/MT5 Prop Firm Services
Blueberry Markets discontinues Data and Platform Services for prop trading, responding to MetaQuotes' regulatory demands. Shift reflects evolving market dynamics. Read more.
Most Complained Brokers in Malaysia in February 2024
In this article, WikiFX will reveal the top 4 brokers that have received the most complaints in Malaysia within February 2024! Beware users!
Scam forex brokers to avoid
Stay informed, stay safe. If you are in the forex industry, you must follow this rule. Many financial regulators in the world are working vigorously to protect consumers from any kind of scam and issue warnings against them regularly. The UK-based Financial Regulator Financial Conduct Authority (FCA) is one of them. On March 4, the authority exposed many fraudulent brokers and warned the public against them. Have a look and beware.
Most Complained Brokers In February 2024 By U.S. Traders
February 2024 report reveals the top complained-about unlicensed brokers in financial trading, emphasizing the importance of due diligence, based on WikiFX data.
ASIC Takes Down 3,500 Scam Websites to Safeguard Consumers
ASIC ramps up consumer protection, successfully closing over 3,500 fraudulent investment websites since July 2023, focusing on digital scams and market safety.
Beware of Fake Online Trading Platforms & Deepfake Videos
The National Anti-Scam Centre Australia warns consumers to beware of fake news articles and deepfake videos of public figures that endorse and link to online investment trading platform scams, particularly on social media. The organization shared an incident with people on its official website.
The Most Complained Brokers in Pakistan in February 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.
Prospero Markets Involved in Money-Laundering Scheme?!
ASIC has initiated legal proceedings to liquidate Prospero Markets Pty Ltd (Prospero) based on suspicions of its engagement in a money-laundering scheme.
Prop Trading Firm Lark Funding Resumes Operations for US Traders
Lark Funding resumes US trader registrations after pause. CEO optimistic about future. Industry reacts to platform changes & regulatory challenges.