Unlike other financial markets, the forex market is not a tangible place in reality where forex deals take place. Instead, It’s a network of transactions between banks, businesses and individuals - a virtual market in which forex brokers play the crucial role of intermediary. The booming forex industry has seen a proliferation of forex brokers of mixed qualities, making it hard for investors to verify brokers’ profiles and decide which is trustworthy. Consequently, investors often fall victim to forex scams during investment.
Last time, we visited Deutsche Bank--the best private bank in Germany. It turned out that the location of its Malaysian licensed office corresponds to the regulatory information. The company is in business under the regulation of LFSA. Today, we're visiting United Overseas Bank Limited in Malaysia.
The releasing of NFP and interest-rate cut stirred up the forex market, causing mixed feelings among investors. During such a time of volatility, WikiFX conducted a massive trial trade among 94 forex brokers and after analyzing and comparing their trading speed and slippage, listed the top 20 brokers. The result of this experiment presents investors the competence of each broker and helps them gain a comprehensive view.
Respected analyst Ming-Chi Kuo predicts Apple will release three new iPhones in the second half of 2020 that will be powered by 5G.
Iran is prepared to work on French proposals to salvage the international nuclear deal that Tehran signed with world powers in 2015, Foreign Minister Mohammad Javad Zarif said on Thursday. "There are proposals on the tabl
The European Union is awaiting detailed proposals from London on Brexit, a senior official in Brussels said, as British Prime Minister Boris Johnson pursued efforts to persuade the bloc's leaders to change the terms of the div
French President Emmanuel Macron is pressing ahead with a digital tax in France, a move U.S. President Donald Trump described as "foolishness", and the French leader is keen to reach an international agreement on taxing big tech
The European Union is against making any unconditional invitation to Russia to let it rejoin talks among the G7 world leaders, a senior official with the bloc said of an idea floated by U.S. President Donald Trump. The
Net immigration to Britain sank to its lowest level since 2013 during the 12 months to the end of March, driven by a continued fall in the number of immigrants from the European Union since 2016's Brexit referendum, official fig
The latest set of IHS Markit PMIs picked-up from recent lows but Eurozone GDP is still likely to hit just 0.1% to 0.2% in Q3 while Germany looks to be heading into a technical recession.
Image copyrightGetty Images HSBC and Standard Chartered have taken out newspaper adverts in Hong Kon
From the tall Xi Jinping to the short Michael D Higgins to the mysterious height of Kim Jong-un, the height of world leaders varies wildly.
French President Emmanuel Macron has said Italy deserves leaders who are up to the task, describing one of the party chiefs in Rome's collapsed government as the "great loser" for having made the mistake of sharing power with the
Italy's President Sergio Mattarella wants political parties to reach a deal to form a new coalition government in the next few days if they want to avoid snap elections, a source close to him said on Thursday.
British Prime Minister Boris Johnson will on Thursday try to convince France to reopen Brexit negotiations less than a day after President Emmanuel Macron bluntly ruled out any further talks on the divorce deal. A day aft
The Euro may fall against the US Dollar if ECB minutes carry ultra-dovish undertones and commentary from Jackson Hole spooks markets against the backdrop of Eurozone PMI data.
Gold prices may form a top if bearish technical cues find follow-through as all eyes turn to a speech by Fed Chair Powell at the Jackson Hole symposium.
Equity investors waited nervously for the Jackson Hole symposium to start. While they did, Japanese manufacturing disappointed once again
Walsh, a controversial figure in his own right, has recently become a vocal critic of President Donald Trump.
The United States and North Korea are expected to reopen denuclearization talks soon and it would "go well," a senior South Korean official said on Thursday, boosting hopes for progress in negotiations after a prolonged stalema
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