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Global Broker Regulatory Inquiry APP
WikiFX is a third-party service provider for clients to inquire whether a Forex broker is formal, legal and real. WikiFX provides all round service including inquiry of Forex broker's information, regulation, license, risk exposure, credit and valuation, platform verification and monitoring , complaints solving and investor rights protection, credit report download and related platform inquiry. Wow, this is awesome! You can get all you want here. Besides, WikiFX offers comprehensive evaluation of every broker with front technology and authorized data on the basis of the value of license, regulation level, software quality, risk-control ability and business strength.
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Exposure
As with many industries, the fast growing forex industry also has plenty of predators, who look to take advantage of newcomers. These illegal brokers target the typical mindset of investors to make money quickly and induce investors to engage in unregulated or high-risk investments, causing them heavy losses. Recently, an investor from Saudi Arabia told WikiFX about how he was defrauded by the illegal forex broker D24FX, as well as his difficult experience in trying to recover the lost fund.
News
When it comes to the future of European capital market after Brexit, Britain and the European Union had not seen great disputes as they did over other issues. But the situation is changing now.
News
The US S&P 500 and Nasdaq have hit new closing records for the third consecutive trade session, while the Dow Jones last closed at a r
Resolved
6 loss trades and no profit at all Yesterday, a friend told me about this platform and how they cheat people by controling candlestickes that you can't make a profit at all. So, i tried to deposit 10 USD to see that in myself. I've lost 6 trades, and had no profit, not even a single trade. guys i hope you be carfull of this platform because it's 100% SCAM and don't lose your money.
Other Exposures
The slippage in HFGFX was up to 1000 pips, causing forced liquidation.
Unable to withdraw funds
Solid Investments gave no access to withdrawal with the excuse of NCP before the year. Then it still made up the excuse of NCP and system maintenance. As of today, the withdrawal is unavailable for 4 months.
Industry
2020 got off to a decent start in January and February, but shutdowns in the second half of March had an immediate negative impact.
On airplanes, it's hard enough to keep from bumping knees with the person in the next seat — let alone follow social-distancing guidelines.
Industry
Small businesses accounted for the private-sector job cuts, shedding 90,000 payrolls through the month ended March 12, according to ADP.
"The coronavirus pandemic and shocks in global energy markets have impacted all manufacturing sectors," said Timothy Fiore, the chair of ISM.
Industry
Wells Fargo has the capacity to lend an additional $384 billion to consumers and businesses, but it can't due to the asset cap imposed by the Fed.
The Australian company that operates traffic enforcement for 90 US cities warned this week its business will be hurt by the driving slowdown.
Funds for the Paycheck Protection Program and Economic Injury Disaster Loans could begin paying out this week to help employers maintain payroll.
Tech giants usually go shopping in economic downturns. Here are 15 possible mergers featuring Google, Facebook and Microsoft, according to experts.
"I think we are going to get something that resembles that panicky feeling again during the month of April,"Gundlach said.
At this time, we stand by our forecast for a minimum 50% to 61.8% correction of the entire rally from 2009 to 2020. Thats the value area that will start bringing in the real buyers and not just the reactionary buyers.
From the best times to shop to the most underrated items to buy, here's how to make the most of a Costco run during the pandemic.
Industry
"There's absolutely no assurance that an oversold market will not become decidedly more oversold," says John Hussman.
Switzerland's death toll from the new coronavirus has increased to 235 people from 197 on Friday, the health ministry said on Saturday, with the number of cases also increasing to 13,213 from 12,161. The Alpine country of
Google pledged $250 million in ad grants to help spread information, $200 million into a fund, and $20 million as Cloud credits for researchers.
You can submit a request to defer your personal and business Bank of America credit card payments online.
Industry
The British Pound may face liquidation pressure ahead of the BoE rate decision at the same time that traders may be scrambling to the haven-linked USD after jobless claim data is released.
The turmoil in the mortgage market is bringing echoes of the 2008 financial crisis, when credit markets froze in the face of plunging values on mortgage securities.
The move comes as a relief to some sellers who borrowed money from Amazon's lending program, as their sales have taken a hit in recent months following COVID-19.
The International Monetary Fund said on Wednesday its board had approved a four-year, $1.3 billion loan program for Jordan, signaling confidence in the country's reform agenda at a time it was taking measures to cushion its econ
Industry
"Companies with strong balance sheets will weather the storm, while companies with significant leverage may reach distress," analysts wrote.
Nurses are really in demand during the outbreak, but not nearly as much as warehouse handlers, or truck drivers who can operate CDL flatbed vehicles.
1-2 years | Regulated in Estonia | Investment Advisory License
15-20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Regional Brokers | Medium potential risk | Offshore Regulatory
15-20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Regional Brokers
15-20 years | Regulated in Australia | Market Making(MM) | Non MT4/5 Software | Suspicious Scope of Business | Medium potential risk
15-20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Regional Brokers
10-15 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Regional Brokers | Medium potential risk | Offshore Regulatory
15-20 years | Regulated in Australia | Market Making(MM) | Non MT4/5 Software | Suspicious Scope of Business | Medium potential risk
15-20 years | Regulated in Switzerland | Market Making(MM) | MT4/5 full license | Regional Brokers
Negative Comment
A field survey based on the company’s claimed address did not find GWMEX’s physical presence. The company claims to hold a general financial license (230692) from the Australian ASIC, but a check with the regulator suggested that the claim may not be true.
Negative Comment
The field survey verified that JB Alpha’s real address is inconsistent with that from regulatory information. The broker’s MM license (license number: 327075) issued by the Australian Securities and Investments Commission is suspected to be a cloned one. Investors are advised to stay cautious against this broker to prevent financial losses since it remains unregulated.
Negative Comment
It was confirmed by the surveyor’s field surveyor that the Australia licensed broker RocoForex’s real office address didn’t match its regulatory address. Since the broker’s full license (License No: 391441) issued by ASIC was confirmed to be a cloned license, please keep cautious when choosing the broker. After all, asset safety was much more important than profit-making.
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