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News
Since its last peak of US$63.27/ barrel on January 6th, US oil price has been down 68% so far, breaking the record in losing almost 50% in March.
Exposure
The rapid development of Southeast Asian financial markets has attracted many forex brokers, including those illegal ones. Hype marketing is usually the trick of these illegal brokers, but some investors still fall victim to these traps.
News
In order to better protect investors' assets during the epidemic, WikiFX continues on-spot survey to bring you the most reliable reports about global brokers. Recently, upon investors' requests, WikiFX visited the forex broker Atlantic Securities in Cyprus.
Resolved
6 loss trades and no profit at all Yesterday, a friend told me about this platform and how they cheat people by controling candlestickes that you can't make a profit at all. So, i tried to deposit 10 USD to see that in myself. I've lost 6 trades, and had no profit, not even a single trade. guys i hope you be carfull of this platform because it's 100% SCAM and don't lose your money.
Other Exposures
The slippage in HFGFX was up to 1000 pips, causing forced liquidation.
Unable to withdraw funds
Solid Investments gave no access to withdrawal with the excuse of NCP before the year. Then it still made up the excuse of NCP and system maintenance. As of today, the withdrawal is unavailable for 4 months.
Industry
2020 got off to a decent start in January and February, but shutdowns in the second half of March had an immediate negative impact.
On airplanes, it's hard enough to keep from bumping knees with the person in the next seat — let alone follow social-distancing guidelines.
Industry
Small businesses accounted for the private-sector job cuts, shedding 90,000 payrolls through the month ended March 12, according to ADP.
"The coronavirus pandemic and shocks in global energy markets have impacted all manufacturing sectors," said Timothy Fiore, the chair of ISM.
Industry
Wells Fargo has the capacity to lend an additional $384 billion to consumers and businesses, but it can't due to the asset cap imposed by the Fed.
The Australian company that operates traffic enforcement for 90 US cities warned this week its business will be hurt by the driving slowdown.
Funds for the Paycheck Protection Program and Economic Injury Disaster Loans could begin paying out this week to help employers maintain payroll.
Tech giants usually go shopping in economic downturns. Here are 15 possible mergers featuring Google, Facebook and Microsoft, according to experts.
"I think we are going to get something that resembles that panicky feeling again during the month of April,"Gundlach said.
Exposure
Recently, a Malaysian investor complained to WikiFX about the forex broker FXStockBroker. The complainant exposed a series of FXStockBroker’s illegal practices, including inducement to open account and delay on the withdrawal requests, and hoped that other investors will be vigilant.
News
Melbourne has long been known as one of Australia’s major financial hubs. After the investigation tour in Sydney, WikiFX survey team went to Melbourne to conduct on-spot investigation on a dozen of local traders.
Exposure
In 2019, Australian regulation authority ASIC released the "strictest ever" rules which resulted in many forex brokers' withdrawal from Chinese market.
At this time, we stand by our forecast for a minimum 50% to 61.8% correction of the entire rally from 2009 to 2020. Thats the value area that will start bringing in the real buyers and not just the reactionary buyers.
News
In the past 2 weeks, major oil producers in the world have been trying their best to cope with the greatest crisis in several decades, while oil price has experienced a week’s heavy losses.
From the best times to shop to the most underrated items to buy, here's how to make the most of a Costco run during the pandemic.
Industry
"There's absolutely no assurance that an oversold market will not become decidedly more oversold," says John Hussman.
Switzerland's death toll from the new coronavirus has increased to 235 people from 197 on Friday, the health ministry said on Saturday, with the number of cases also increasing to 13,213 from 12,161. The Alpine country of
News
According to the report of data analyzing group Breakout Point on March 25th, the world’s largest hedge fund Bridgewater Associates, LP has closed its previous short positions of European Stock market, gaining at least €4 billion(equivalence of 30 billion RMB).
Google pledged $250 million in ad grants to help spread information, $200 million into a fund, and $20 million as Cloud credits for researchers.
You can submit a request to defer your personal and business Bank of America credit card payments online.
Exposure
FBS is a scam broker! Recently, an investor complained to WikiFX about the forex broker FBS. The complainant exposed a series of FBS’ illegal practices, including rejecting withdrawals, and hoped that other investors will be vigilant.
1-2 years | Regulated in Estonia | Investment Advisory License
15-20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Regional Brokers | Medium potential risk | Offshore Regulatory
15-20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Regional Brokers
15-20 years | Regulated in Australia | Market Making(MM) | Non MT4/5 Software | Suspicious Scope of Business | Medium potential risk
15-20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Regional Brokers
10-15 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Regional Brokers | Medium potential risk | Offshore Regulatory
15-20 years | Regulated in Australia | Market Making(MM) | Non MT4/5 Software | Suspicious Scope of Business | Medium potential risk
15-20 years | Regulated in Switzerland | Market Making(MM) | MT4/5 full license | Regional Brokers
Negative Comment
According to the on-the-site investigation of our staff, it has been proved that the actual address of the Australia licensed company Forman Forex is inconsistent with that declared by the supervision agency. Investors shall be prudent before choosing the broker since the MM license (403863) issued by ASIC it holds has been proved to be cloned, and the Investment Advisory License (232374) issued b
Negative Comment
The investigators, based on the result of this field survey, confirmed that TBC’s real address failed to match with the one in its regulatory information. Besides, the broker has run businesses beyond the business scopes stated in its Australian Financial Services Representative license (license number: 434616) issued by Australia Securities & Investment Commission. And the license has been revoke
Good
A field survey confirmed that the actual address of FP Markets’ head office in Australia was consistent with that on its website. The broker holds a full license from the ASIC (286354) .
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