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.
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.
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.
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.
MFSA warns against Libra's AI trading tool, urging public caution. Libra is unlicensed in Malta and may pose financial risks. Verify before investing.
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.
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.
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.
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.
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.
Forex trading can be a profitable avenue for a select few, but it's not a solution for Nigeria's economic woes.
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%.
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).
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.
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.
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.
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.
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.
The Funded Trader, a proprietary trading firm has abruptly ceased pay-outs to its clients in amidst of shifting away from MetaQuotes’ platforms.
Hong Kong’s SFC issues cautionary statement on unlicensed cryptocurrency exchanges that pose high risks to investors.