WikiFX Visited Forex Broker Makasky in Malaysia

Some investors may remember AL-HIDAYAH, a broker that WikiFX visited in August. Although claimed to be located in room 14(B) &(C) at Financial Park Complex, Labuan, Malaysia, AL-HIDAYAH’s office turned out non-exist at the address. The office belongs to a management firm called Regus instead.

2019/11/19 6:59:03

41 People Were Trialed for 5 Million Yuan’s Fraud in Anhui

2019/11/18 8:57:26

Singapore Faces Fierce Competition from Emerging Ports in SE Asia

In the past few decades, the booming development of the marine industry has generated demand for ports to meet growing economic needs. More countries are committed to improving port infrastructure.

2019/11/18 6:16:15

Growing Deficit and Weak Reserve Challenge Vietnam’s Economy

Vietnam has achieved quite impressive economic growth in recent years, yet the country still faces difficulties amid challenges posted by the global economic slowdown. Both IMF and the World Bank noted in their reports at the annual meeting in Washington D.C that the global economy is at its weakest stage since the financial crisis.

2019/11/18 6:12:29

THB exchange rate reached a 6-year high in Asia

Thai Baht has strong performance against US Dollar in forex market, reaching a highest level of 1:30.315 since June 2013. This year THB/USD exchange rate has increased by 7%, becoming the best performer in Asia.

2019/11/18 6:09:47

Most Common Mistakes Traders Make

So you want to become a successful trader? You are going to have to avoid making many common mistakes that traders often fall victim to. You are going to make mistakes as you learn to trade, but the traders who actually start making money are the ones who learn from those mistakes and figure out how to stop committing them over and over. In this article, I am going to discuss the most common mistakes that traders make and give you some simple solutions to them.

2019/11/18 6:04:15

GOLD - THE STORY OF 2019

Gold is the most typical one among the safe haven asset stream. In Asian philosophy, Gold represents Authority, Prosperity, Etiquette and Culture. Therefore, when it comes to this precious metal as one of the trading products, the investor community, particularly in Asian countries, seem to pay the most attention.

2019/11/18 5:44:37

WikiFX App: Worldwide Solution to Avoid Scam in Forex Industry

Before depositing money for any financial investment, we have to know the company with whom we trust our fund. The goal of financial investment to gain multiple profits from our initial funds could be obstructed indefinitely if we trust the wrong companies, or even worse, scam brokers.

2019/11/18 5:35:55

International Funds are Actively Trading Japanese Stocks

Japan has been the weakest major currency in the past month. Besides the rising market optimism over trade negotiation and Brexit which reduced demand for safe-haven assets, increase in the trading of Japanese stocks by overseas investors has been another notable factor weighing on the yen.

2019/11/17 7:42:28

Long-Duration Bond ETF Sees Record Outflows

As the US stock market surges towards its all-time high, investors give up tracking long-term Treasury bonds and turn to risky assets instead.Data shows that the iShares 20+ year Treasury ETF is experiencing a record outflow in the recent week, with traders withdrawing more than US$1.2 billion.

2019/11/15 13:21:51

Top 20 Largest Ad-spending Forex Brokers in November, 2019

Recently, WikiFX released the list of top 20 largest ad-spending brokers in November, 2019. Let’s take a look.

2019/11/15 8:37:22

Growing Forex Trade Volume Calls for More Risk Awareness

The fifth issue of the London Renminbi Business Quarterly Report, jointly released by the City of London and the People's Bank of China in Europe recently, showed that RMB’s average daily forex trading volume in Q2, 2019 reached a record high of 85 billion pounds, up 8.8% from the previous quarter and a 22.9% increase year-on-year.

2019/11/14 9:07:45

ACH that Claims to Hold “FSP License” is Unregulated

Regulatory information shows that New Zealand forex broker ACH is located at Suite 1 Level 2, 20 Northcroft Street Takapuna Auckland, and WikiFX survey team recently visited ACH at the place.

2019/11/13 6:25:21

Illegal Broker KP Baited Investor with Small Profits

At the beginning of 2019, Mr. Wu was attracted by the advertisement of KP he saw online and signed up at the broker to make investment. Unlike usual trading platforms, KP offers investors a cash account and a KP account. While both accounts will generate profits from spread trading, withdrawal can be made only through the KP account.

2019/11/12 9:57:05

WikiFX Visited Hirose Financial in Malaysia

On our last investigation trip, we visited CIMB BANK in Malaysia and confirmed that the company is at the address from its regulatory information and is in business under LFSA regulation. As the “eyes” and “ears” of global investors, WikiFX team conducts spot check on forex brokers and record the results on WikiFX App for the reference of our clients.

2019/11/11 8:59:48

Moody’s Downgrades India’s Outlook from Stable to Negative

Moody's Investors Service downgraded its outlook on India's ratings from “stable” to “negative”, citing rising risks to India's economic growth. Tumbling down to its lowest level in three weeks, the rupee fell as much as 0.5% against the US dollar to 71.31 at one point, the first decline in three weeks; the Indian stock market also dropped as the NSE index fell 0.4%.

2019/11/9 6:21:54

Wall Street Investment Banks Set to Long the Euro

Some Wall Street investment banks have begun to lay out their plans for euro ahead of time. The JPMorgan strategist team said they are looking for opportunities to long EUR/USD. Easing of the trade tension recently, as well as the prospect that Europe will adopt more fiscal policies should boost the euro.

2019/11/8 10:02:27

The Latest Economic Data that You Need to Know

Most investors familiar with forex trading may understand the significance of economic indicators- not only do these statistics reflect the macro-economy and currencies’ market trends in different countries, they also have much influence on investors’ trading decisions. Release of key economic indicators often increases market activities and thus influences the forex market.

2019/11/8 9:17:43

WikiFX Visited Forex Broker GKInvest in Indonesia

According to regulatory information, GKInvest’s office is located at Multivision Tower Lantai 20, Jl. Kuningan Mulia Lot 9B, Kuningan Persada Complex, Jakarta Selatan, and WikiFX recently visited the broker at the location.

2019/11/7 12:02:24

Watch Out! The Broker Davinci May Have Escaped!

Recently, WikiFX received plenty of complaints against the forex broker Davinci, which is likely to have escaped after defrauding numerous investors. One of the victims Ms. Wang told WikiFX about her experience of being cheated by the broker.

2019/11/6 8:40:50