Learn about the SEC's pursuit of Terraform Labs, convicted of fraud in the $40B Terra ecosystem collapse. The $5.3B verdict sets a precedent in cryptocurrency regulation.
Discover the case against Lee Steven Maggs for fraud in managing Kube Trading. Learn about FCA's actions & implications for investors in this revealing expose.
The Financial Conduct Authority (FCA) issued a warning against a firm called NeroFX. The FCA has cautioned the public not to invest in this clone firm. FCA shared the correct details of the firm too.
CySEC has strongly cautioned investors about more 12 unlicensed websites advertising investment services.
FBS, a well-known regulated broker, revamped its mobile trading application, the FBS app, which is now available for both Android and iOS users.
Know Ocean Markets, an unregulated broker offering a range of trading instruments. Despite lacking advanced features and 24/7 customer support, it operates on XCritical Online and Mobile platforms.
We are glad to announce that the high-score brokers: Easter event season S2 has started. The season will last from April 2024 to May 2024. During this event, participants can get easter eggs and enjoy multiple rewards. WikiFX has listed some brokers that offer luxury gifts or cashback bonuses for you.
In this article, we'll look in-depth at Vogage Markets, examining its key features. WikiFX aims to provide you with the information you need to make an informed decision about using this platform.
B2Broker increases leverage for major FOREX pairs to 1:200 and for BTC and ETH to 1:50, enhancing trading flexibility.
CySEC recently addressed the termination of Leverate Financial Services Ltd.'s membership in the Investors Compensation Fund (ICF), clarifying that clients remain eligible for compensation despite the loss of membership, while highlighting broader regulatory actions and enforcement measures undertaken by the commission.
Ontario's Superior Court of Justice has given the green light to a class action lawsuit against Binance, alleging violations of securities laws, amidst escalating regulatory scrutiny in the cryptocurrency trading sphere.
CySEC removes brokerage solutions provider Leverate from its Investor Compensation Fund, safeguarding client rights.
An Ontario court files a class action against Binance for selling unregistered crypto derivatives to investors.
An Orfinex user from the Philippines recently filed a complaint with WiKiFX. The complainant stated, "I've never been able to withdraw money from my account since I deposited it." "I am one of the victims of the scam of affiliate trading with ISE and Orfinex Prime," the user wrote.
True Forex Funds introduces Match-Trader and switches to cTrader after MetaQuotes pulls the license.
CySEC fines FXORO's parent company €360,000 for multiple violations, including dishonest client dealings and inadequate compliance.
The world of forex trading has its fair share of success stories, but unfortunately, there are also instances where unscrupulous brokers take advantage of investors. One such case involves Orfinex, a forex broker that stands accused of scamming an investor out of $40,000. This alarming incident sheds light on the importance of due diligence when selecting a forex broker and the need for stronger regulatory oversight in the industry.
Victim E.A. recounts how Intersphere Enterprises' bots led to losses, raising suspicions of a scam. Investigations stress caution in online trading.
The Bank of Russia has added Forex.ee, to the list of firms suspected of engaging in illegal financial dealings. As usual, the regulator did not provide the physical address of the online broker.
Recently, WikiFX Forex Rights Protection Day has received extensive attention and heated discussions within the industry. This rights protection campaign, initiated by WikiFX, aims to expose illegal platforms through user submissions, safeguard the fairness, transparency, and standardization of the forex market, and create a safe and reliable trading environment for investors. As the event progresses, its influence continues to expand, drawing coverage from numerous globally renowned media outlets.