Scam ANZ

I couldn’t withdraw the profit and my account has been froze,being asked for tens of thousand RMB for margin.

A gang of scam

In May, 2019, I entered into a group, in which stock market analysis was given. Then the assistant recommended a livestreaming, saying that teacher Jun Shi, Bai Yi, Fu Xing and Ning Jing would give lessons in it. Later, they induced us to open accounts in SENYU International and trade HSI 300, claiming that HSI would be more flexible in buying and selling. They sent the QR code of account manager Liu Zhixuan into the group and made a plan named “7 Days Fund-doubling Plan”. With the guidance of Jun Shi, I made a loss of 500000 RMB or so within 7 days. That’s their so-called strength.

Don’t be cheated.

In October, 2017, I was pulled into a group, in which teacher gave lessons on stock and then induced me to buy the HSI in 111 , with $1300 per lot. And the trading time was only limited to 8:00 to 17:00! After some while, the website became disabled. I was scammed over 100 thousand yuan.

Next stock market crash: Shrinking profit growth spells doom for rally - Business Insider

Stock market investors are confronting an "incredible valuation problem" that can stop the rally in its tracks, according to SocGen's quant experts.

In the stock market, it’s become Apple, Microsoft and Alphabet vs everyone else

KEY POINTS Does a relative shortage of stocks combined with somewhat mechanical sources of buying explain the Dow rising to 29,000? What’s truly scarce are big, reliable cash flows that investors believe will endure economic wobbles and constant technological disruption. This has created a vastly bifurcated market, and an unusually wide spread between the valuation of the most expensive stocks and the cheapest ones. In aggregate Apple-Microsoft-Alphabet trades at 26-times this year’s profits, with no debt and enormous capacity to invest, buy back stock or fund future dividends. The broad market is below 19-times earnings.

Trump, Ocasio-Cortez, politicians wrong about US economy, stock market - Business Insider

Trump says stock records prove the economy is great. Alexandria Ocasio-Cortez thinks it's terrible for normal people. They're both wrong — and right.

Investing in the space industry: Who are the players, how much money - Business Insider

Space Angels, a venture-capital firm Behind SpaceX, the rocket company founded by Elon Musk, a crop of new private space ventures has emerged

BoE and FCA propose management expenses levy limit of £83.2m for FSCS for 2020/21

The FSCS has indicated that it may need to use £2.6 million of its 2019/20 contingency reserve due to an unexpected rise in the number of claims it will need to handle in that year.

FCA Assumes New Supervisory Role for UK Crypto Assets

The new requirements focus on the identification and assessment of risks of money laundering and terrorist financing.

CFTC Fines Daewoo Securities $700,000 in Spoofing Case

In settling the CFTC case, Daewoo will pay $700,000 though it didn’t admit or deny the agency’s allegations.

ECB Inflation Goal Looks Ripe for Change in Lagarde’s Review

Almost 90% of analysts expect ECB to alter inflation strategy Concerns about the risks to the economic outlook have eased

Euro zone slowdown has bottomed but no big bounce in sight: Reuters poll

The slowdown in euro zone economic activity has probably bottomed out, according to a Reuters poll, which showed while the outlook for growth and inflation remained lukewarm the chances of a recession have faded somewhat.

USD/JPY Dropped Below 110

For the first time since May, the yen’s rate has dropped below 110 per USD, as positive outlook for the trade agreements has weakened market demand for safe-haven assets. Before the first phase of the trade agreement was signed on Wednesday, the U.S. government removed the “currency manipulator” label imposed on China.

How to become a successful Introducing Broker?

Introducing Brokers are an important and valuable part of the trading industry. An Introducing Broker (aka IB), is a company or an individual that refers new clients to a trading company (a broker) and gets a reward (commission) for that.

Analysis of CFTC’s Latest COT Report

A report released by the US Commodity Futures Trading Commission (CFTC) on Monday (January 6th, 2020) showed that as of the week from December 25th to December 31st,2019, speculative net longs in US dollars decreased by 1,177 to 12,054 contracts, indicating that investors have become less bullish on the US dollar.

Bushfire Will Reduce Australia’s GDP by 0.3%

The Reserve Bank of Australia is likely to mention the negative effects of the wildfire on economic outlook in the February policy statement. The main short term impact of wildfire will be on farm production and private investment.

Hedge Funds’ Outlook for USD Is Bearish for the First Time Since 2018

The January Effect in Gold’s Trend

From historical trends, gold usual fares quite well from the first trading day after Christmas until late January next year, falling only in 2009 and 2010, while increasing in other years during this period, with an average growth of 5%. History suggests that late December is a good time for purchasing gold, as the price usually rallies at the end of the year and early January next year.

Watch Out! SMGI Global Is a Dangerous Forex Broker!

Recently, investor in Thailand exposed the illegal forex broker SMGI Global through WikiFX and social media like Facebook, accusing the broker for blocking investor’s withdrawal channel and inflicting heavy losses on investor.

Growing Deficit May Push up Inflation in US

Former US Federal Reserve Chairman Greenspan warned during an interview with CNBC that inflation, although rather still so far, is bound to climb as US budget deficit constantly grow, posting greater threat to the economy.

France Faces a Record Level of Debts

France’s foreign debt for one quarter in 2019 exceeded 100% of GDP and reached a record 2.14 trillion euros, which means the French president Macron’s election promise to reduce the country’s debt by 5% within 5 years has remain unfulfilled.

Will Euro Close Above the Level of 1.12 ?

Statistics show Germany’s manufacturing PMI in December reached 43.4, less than the expected 44.6. Overall, manufacturing PMI of the whole Eurozone sat at 45.9, a decrease from the previous 46.9 and lower than the expected 47.3. The protest that broke out in France recently is also worrying.

Riksbank Will be the First Central Bank to Cancel Negative Rates

Survey shows that the Swedish central bank may raise the negative interest rate to zero and become the only central bank to do so, though it’s not the first central bank to implement negative interest rates. This week's decision to raise interest rates may not be consistent with economic performance. Although the Swedish economy is not in a crisis, it is still slowing down.

Gold May Bottom Out in Mid-December

From a seasonal point of view, gold price tends to bottom out near mid-December and may soon see a reverse trend. According to World Gold Council (WGC) data, global gold ETF holdings have lost about US$1.3 billion from the peak in September.But even so, gold ETF holdings have increased by almost 35% this year; if the US dollar index falls below 96, gold will likely start to rise again.

BIS Warned the Forex Market against Possible Liquidity Crunch

Bank of International Settlement (BIS) recently issued a warning to the forex market, saying that the proliferation of forex platforms and investment channels has led to a greater dispersion of capital, which can increase the risk of liquidity crunch for some forex brokers in times of high market volatility. Though JP Morgan’s latest global forex volatility index is at a record low since 2014, the forex market faces new risks as signs of fluctuation emerge.

Latest Changes of Positions in Forex and Futures

As 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.

Poland’s Gold Purchase May Indicate a New Trend

Against the backdrop of expanding negative bound yield,gold may gain greater appeal among central banks worldwide in 2020 as a unique type of asset.

The Euro May Expect a Strong Rally in 2020

Morgan Stanley believes that the euro will see a strong rally in 2020 under multiple factors. Compared with the United States, which may slow down further in 2020, the Eurozone may do significantly better than the relatively low market expectation by showing a strong economic rebound.

Bridgewater Bets US$1.5 Billion on Bearish Stock Market

The world’s largest hedge fund Bridgewater spent US$1.5 billion, or 1% of the assets under the company’s management, on put options that bet on a bearish global stock market in the next 3 months.

WikiFX Visited Forex Broker Kresna Futures in Indonesia

Regulatory information suggests the office of Kresna Futures in Indonesia is at Kingland Tower, 2nd Floor 18 Parc SCBD Jl. Jend. Sudirman Kav. 52-53 Jakarta Pusat, and WikiFX recently visited the broker at the site.

Kainos Defrauded Investor with "Trading Signal" Scam

The cunning illegal broker swindled investors by claiming that they can achieve “financial freedom” under the instructions of signal providers; while investors appeared to be profiting, they actually suffered losses in trading. Recently, Mr. Chen shared his experience of being defrauded by the illegal forex broker Kainos.

WikiEXPO wrapped up as a roaring success in Bangkok, Thailand

On November 24th, 2019, WikiEXPO successfully wrapped up at Marriott Marquis Queen’s Park Hotel in Bangkok, Thailand. With over 5,000 attendees, over 30 forex brokers and 30 well-known keynote speakers of the forex industry, the event has been a roaring success. With its constantly growing influence, WikiEXPO aspires to join hands with investors and forex professionals to create a safer forex investment environment.

The "Perfect" ATRI Turned Out to be an Illegal Broker

Brokers on the forex market always strive to present their clients a perfect image, but sometimes such a flawless image may turn out to be a lie. Recently, Mr. Liu told WikiFX about how ATRI, a deceptive illegal broker, had rejected his withdrawal and suspended his trading account for no reason.

Next stock market crash: Shrinking profit growth spells doom for rally - Business Insider

Stock market investors are confronting an "incredible valuation problem" that can stop the rally in its tracks, according to SocGen's quant experts.

In the stock market, it’s become Apple, Microsoft and Alphabet vs everyone else

KEY POINTS Does a relative shortage of stocks combined with somewhat mechanical sources of buying explain the Dow rising to 29,000? What’s truly scarce are big, reliable cash flows that investors believe will endure economic wobbles and constant technological disruption. This has created a vastly bifurcated market, and an unusually wide spread between the valuation of the most expensive stocks and the cheapest ones. In aggregate Apple-Microsoft-Alphabet trades at 26-times this year’s profits, with no debt and enormous capacity to invest, buy back stock or fund future dividends. The broad market is below 19-times earnings.

Trump, Ocasio-Cortez, politicians wrong about US economy, stock market - Business Insider

Trump says stock records prove the economy is great. Alexandria Ocasio-Cortez thinks it's terrible for normal people. They're both wrong — and right.

Investing in the space industry: Who are the players, how much money - Business Insider

Space Angels, a venture-capital firm Behind SpaceX, the rocket company founded by Elon Musk, a crop of new private space ventures has emerged

BoE and FCA propose management expenses levy limit of £83.2m for FSCS for 2020/21

The FSCS has indicated that it may need to use £2.6 million of its 2019/20 contingency reserve due to an unexpected rise in the number of claims it will need to handle in that year.

FCA Assumes New Supervisory Role for UK Crypto Assets

The new requirements focus on the identification and assessment of risks of money laundering and terrorist financing.

CFTC Fines Daewoo Securities $700,000 in Spoofing Case

In settling the CFTC case, Daewoo will pay $700,000 though it didn’t admit or deny the agency’s allegations.

ECB Inflation Goal Looks Ripe for Change in Lagarde’s Review

Almost 90% of analysts expect ECB to alter inflation strategy Concerns about the risks to the economic outlook have eased

Euro zone slowdown has bottomed but no big bounce in sight: Reuters poll

The slowdown in euro zone economic activity has probably bottomed out, according to a Reuters poll, which showed while the outlook for growth and inflation remained lukewarm the chances of a recession have faded somewhat.

Merrill Lynch Wealth Management's Sieg on robo-advice, wealth-tech - Business Insider

Standalone robo-advice and wealth-tech firms may be in a tricky spot as legacy firms invest in their own tech. The pipeline of new startups in the space has ground nearly to a halt.

The top 10 most active clean-energy investors in 2019 - Business Insider

Investors bet the most money on clean energy last year since 2010. These are the 10 most active investors, according to BloombergNEF.

Scam ANZ

I couldn’t withdraw the profit and my account has been froze,being asked for tens of thousand RMB for margin.

A gang of scam

In May, 2019, I entered into a group, in which stock market analysis was given. Then the assistant recommended a livestreaming, saying that teacher Jun Shi, Bai Yi, Fu Xing and Ning Jing would give lessons in it. Later, they induced us to open accounts in SENYU International and trade HSI 300, claiming that HSI would be more flexible in buying and selling. They sent the QR code of account manager Liu Zhixuan into the group and made a plan named “7 Days Fund-doubling Plan”. With the guidance of Jun Shi, I made a loss of 500000 RMB or so within 7 days. That’s their so-called strength.

Don’t be cheated.

In October, 2017, I was pulled into a group, in which teacher gave lessons on stock and then induced me to buy the HSI in 111 , with $1300 per lot. And the trading time was only limited to 8:00 to 17:00! After some while, the website became disabled. I was scammed over 100 thousand yuan.

Unable to withdraw

Unable to withdraw

Unable to withdraw

How long will the bankruptcy proceeding be? When I withdraw fund?

Unable to withdraw in NCM

I have heard that the withdrawal in NCM was unavailable due to business adjustment since December, 2018. Thus, the withdrawal I applied on January 10th, 2019 , is still unavailable.

Latest exposure on OTM Trade

OTM Trade noticed that the withdrawal would be unavailable for 6 month due to the inspection on midtou. Thus, the so-called broker and isolated account were all fake, hum.

Scam platform

In last October, after I browsed the website of Jinshi Data, a person, who claimed to be the account manager of its cooperative party, induced me to deposit and follow their operation, boasting a monthly 20% profit. During the trading, 99% of the order hadn’t stop-loss or take-profit price. The profitable order was dealt at 200 to 300 pips. They would tell you to add position and asked you to close them at 2000 to 3000 pips with the excuse of wrong operation. I have lost $9000 in total. What’s more, the trading cost of the platform was extremely high. It also charged an extra $30 for spread commission. Hope you stay away scam platform!

Who can help me get the withdrawal?

The fraudster induced me to deposit, but gave no access to withdrawal.

Exposure on fraudster Chen Xiaohan who cooperated with scam platform conducted scam. I have called the police.

After WikiFX made exposures on the gang of Chen, their assistant, agent of the platform, blocked me, saying that I wasn’t their clients. After scamming all my fund, the blocked me, which was so disgusting. When I enter the experience group, they induced me to deposit $10000, boasting the high profit. Cooperating with scam platform, Chen has earned much commission. I have submitted the file to the police. Your doomsday is around the corner. How wicked you are, even claim cancer patient’s money! Don’t believe them! After scamming me of tens of thousand yuan, the assistant cut me loose immediately, so shameless.

Unable to withdraw in Maniford

The withdrawal in Maniford has been 3 months since last October.

Disabled website

The website is disabled. Is the platform a Ponzi Scheme?

The website of Acerich has been closed.

The website of Acerich has been closed, causing unavailable withdrawal.

The platform made me suffer all losses by manipulation.

By adverse manipulation, the platform made my account liquidated. He even induced me to add $20000, claiming that I could withdraw the profit if I deposit $10000.

Bad experience

The account-opening is extremely slow, which brings me a bad experience.

Unable to withdraw

The withdrawal has been unavailable for days. The screenshots are the address of CDF and its agent company.

Unable to withdraw

The withdrawal has been unavailable for 1 week. The customer service is out of contact.

Unable to withdraw

The withdrawal is unavailable in OTM Trade . Same as PTFX, OTM Trade has also absconded.

The customer service didn’t respond timely.

After the company was merged, the customer service didn’t respond timely.

Induced scam

In the name of stock recommendation, the gang of Chang Yukun induced us to deposit fund in scam platform.

Unable to withdraw

I was asked to pay a commission before withdrawing fund.