In speaking of investment, broker scams in forex trading seem to be a recurring theme. As with many industries, the fast growing forex industry also has plenty of predators, who look to take advantage of newcomers. The following story is shared by a Korean investor who sought WikiFX’s help after being defrauded by Robinhood. He reported the illegal broker to warn other investors against it.
NewsAs of November 26th, 2019, speculative net shorts for the British pound increased by 4,673 to 36,576. Among them, speculative longs decreased by 559 to 38,646, and speculative shorts increased by 4,114 to 75,222.
NewsAgainst the backdrop of expanding negative bound yield,gold may gain greater appeal among central banks worldwide in 2020 as a unique type of asset.
NewsOnly 40% of respondents in the Financial Times poll said that the stock market had gone up this year. The S&P 500 has soared about 26% in 2019.
IndustryThe financial services industry is a popular place for job seekers, but artificial intelligence could wipe away a million banking jobs.
IndustryCeladon declared bankruptcy on Dec. 9, and that collapse is poised to leave thousands of truck drivers jobless and away from home.
IndustryContactless transactions are a major part of Canada's payments landscape – making up 19.5% of the country's 21.1 billion transactions in 2018.
IndustryeToro plans to roll out a debit card in Q2 next year – allowing users to spend their eToro earnings via the card and set up recurring payments.
IndustryThe Russian finance ministry said on Monday it remained confident that the UK Supreme Court would rule in Moscow's favor in a Russia-Ukraine $3 billion Eurobond case, it said in a statement. The debt was borrowed six year
IndustryGoldman's top equity strategists have a reality check for investors near the end of a phenomenal year for the stock market.
IndustryLyft CEO Logan Green says the company tried to slow down its aggressive discounts recently, but had to stop since Uber didn't follow.
IndustryObservers predict more digital media companies will be sold in 2020 as many small, independent outlets still face a sour business climate.
Industry"That's why you should be playing defense right now," says Doubline Capital CEO and renowned "Bond King" Jeffrey Gundlach.
IndustryArgentine President-elect Alberto Fernandez unveiled his cabinet on Friday evening, laying out his core team days before the center-left leader takes office where he faces a stalled economy, rising debt fears and painful i
IndustryAn investment from Stroll could help boost the company's prospects as it seeks to turn around a poor performance.
IndustryMajor UK financial regulatory bodies have put out a shared policy summary aimed at preventing prolonged tech problems in the banking sector
IndustryOctober's 1.7% fall means that in the last year output has fallen 5.7% — the steepest year-on-year decline since 2009.
IndustryFounded in 1880 and headquartered in Tokyo, Japan, MUFG is Japan’s largest financial corporation and one of the world’s top asset holders, offering a wide range of services including commercial banking, investment banking, trust service, asset management and securities dealing.
NewsAs the world’s largest free-trade area, the European Union can reverse its sharply slowing economic growth in the first three quarters of this year to become an important driver of global demand and output.
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