Discover how fraudsters have duped investors with guaranteed forex return schemes in this guide. Read, stay alert and informed before investing.
Tredero was founded in 2022 and is registered in Mauritius. The platform offers five types of trading instruments: stocks, indices, commodities, forex, and cryptocurrencies, with leverage up to 1:500. It provides multiple customer support channels, a minimum deposit of $250, and accepts Mastercard and Visa payments. However, it is unregulated and does not support MT4 or MT5.
Oh! Another forex scam news has emerged, hitting millions worldwide, including Indian investors. The culprit - Gulf First Commercial Brokers, a UAE-based brokerage firm.
Forex Trading Pro is a trading platform founded in 2015, registered in the United States. It offers access to market instruments including forex, metals, and oil. The platform provides high leverage of up to 1:1000 and competitive spreads starting at 0 pips. A minimum deposit of $10 is required to open an account. Forex Trading Pro operates on its proprietary FOREX TRADING PRO Platform.
Sentry Derivatives is a financial trading firm established in 2010, registered in Ireland. It currently only holds a suspicious clone license from the Central Bank of Ireland (CBI). It claims to offer various market instruments: FX, CFDs, Indices, and Options. The firm uses its own Sentry Derivatives platform for trading.
The black money trail from illegal forex trading activities is deepening its roots across India. Let's find out some latest forex scam stories.
The Enforcement Directorate accused, OctaFX, a forex trading platform, of an INR 800 crore scam through its investigation. But are ED's claims true? Let's find out!
In today’s fast-paced foreign exchange (forex) market, milliseconds can mean the difference between profit and loss. With global daily trading volumes exceeding $6.6 trillion and high-frequency trading accounting for more than half of all transactions, technology has become the frontline weapon of serious traders. Recognising this, WikiFX has launched its cloud-based Virtual Private Server (VPS) service, now available for free to users worldwide.
HYCM, a well-known online trading platform, has been added to the Investor Alert List by the Securities Commission Malaysia (SC). According to the SC, HYCM has been carrying out unregulated activities, which means the company is offering trading services in Malaysia without having the proper license to do so within the country.
Kaje Forex was started in 2016 and is based in Bulgaria, although it isn't regulated by any government. It offers a wide range of trading services, such as forex, commodities, cryptocurrencies, and indices, all through the MetaTrader 4 platform. It has a lot of different account kinds and reasonable spreads for sophisticated users, but it currently has no valid regulations.
Investpro is an online trading platform offering trading across many financial markets, including Forex, Metals, Shares, and Cryptocurrencies via the MT4 platform with leverage up to 1:400. They provide various account types with spreads starting from 0.1 pips and no minimum deposit for their Standard account.
Discover how BotBro, a forex broker run by Nawab Ali Aka Lavish Chaudhary, trapped forex investors with the lure of guaranteed 5-15% monthly return.
EARNFOREX was started in 2005 and is based in Saint Vincent and the Grenadines, although no official financial authority keeps an eye on it. It doesn't work as a broker; instead, it focusses on giving retail forex traders information and education, such as broker directories and analytical tools.
Are you aware of the technical analysis tools that greatly determine the forex market’s direction? What do these tools do and why do avid traders eye these every day? If not, then start becoming aware of these tools that greatly dictate your forex earnings over time. Without any further ado, let’s start discussing these tools and their impacts.
The Reserve Bank of India (RBI) has added a fresh list of 13 unauthorised forex trading platforms, taking the overall number to 88. Read on to know the fresh list.
Did you know you can be made to pay a penalty worth up to INR 2 lakh by initiating forex trade through unauthorized brokers? Read this guide to know everything about it.
Think your broker is safe? Discover why AMarkets, an unregulated firm from a high-risk offshore haven, could be putting your money at risk.
In this article, we will conduct a comprehensive examination of MultiBank Group, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
STARTRADER, founded in 1997, is a brokerage registered in Australia. The trading instruments it provides cover more than 50 types of forex , more than 70 types of shares, indices, metals, commodities, and ETF.
A revered broker name is what you want to associate with being a forex trader. Fortunately, you have plenty of such names on WikiFx where the best forex brokers and regulators are listed to ensure your transaction is genuine. One such name is FXCM, a regulated forex broker in the United Kingdom (UK). Let’s check out more details about FXCM through this article.