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The Malaysian government is preparing to take a more coordinated and legally reinforced approach to tackling the country's rising tide of online fraud, with Communications Minister Datuk Fahmi Fadzil announcing a comprehensive strategy that combines legislative reform with a dedicated cross agency collaboration effort.
Complete your FXGlobe login safely. Verify CySEC regulation, MT4 platforms, and the latest safety scores to protect your trading account and capital.
Datuk Seri Johari Abdul Ghani, Malaysia's Minister of Investment, Trade and Industry (Miti), came face to face with the problem in an unexpected setting. During a festive open house gathering, a member of the public approached him holding what appeared to be an official Miti letter and asked the minister himself to verify whether it was genuine.
伟辉国际控股有限公司 is a Hong Kong-based broker established in 2017, holding a legitimate license from the HK CGSE and maintaining a solid 7.03 WikiFX score. While it offers the standard MT5 platform, traders should evaluate its limited, email-only customer support before depositing funds.
9Cents is an unregulated offshore broker registered in Saint Lucia, holding a critically low WikiFX score of 1.30 due to a lack of oversight and recent complaints regarding uncredited deposits.
9X markets is an unregulated broker established in 2024 with a remarkably low WikiFX score of 1.98. Given the lack of legitimate oversight and a recent spike in trader complaints, utilizing this platform carries a severe risk of capital loss.
MSquare is operating without verified regulatory oversight, heavily penalizing traders through fabricated withdrawal receipts, endless margin demands, and sudden account closures. Our urgent investigation indicates that this high-risk trap poses an extreme financial danger to the global public.
Understanding Forex pricing is the first crucial step in managing your risk. This guide explains how pips and spreads determine your trading costs, how to calculate them, and why your choice of leverage dictates your market exposure.
Trading volume is a crucial tool for confirming whether a sudden market move has genuine strength behind it. This article explains how beginners can use volume to validate breakouts and avoid traps, while also demystifying the automated algorithms and legal insider trading rules that often drive market activity.
Forex-relevant input is present, but almost all items are duplicated or mismatched. The only source-backed market event clearly supported by the body text is the oil surge tied to Gulf disruption and the effective closure of the Strait of Hormuz.
eToro holds an above-average WikiFX score of 7.58 and boasts multiple tier-1 licenses, but underlying data reveals severe client risks. A recent ASIC lawsuit over CFD product distribution, warnings from the Philippine SEC, and trader complaints about forced offshore migration point to a broker that may prioritize its own operational flexibility over retail client protection.
Many new traders quickly drain their capital not because they lack intelligence, but because they struggle with heavy position sizing, volatile news events, and misleading automated systems. This article breaks down why these common traps destroy accounts and how pacing your trades can keep you in the market.
Beginner traders often evaluate their success based solely on whether a position made money, ignoring the flawed processes that may have led to the result. This psychological trap, known as outcome bias, can cause investors to reinforce bad habits and treat the market like a casino. The main takeaway is to judge your trading strategy using statistical data and backtesting rather than the emotional result of a single trade.
The UK Financial Conduct Authority (FCA) has initiated a crackdown on illegal financial promotions by finfluencers on social media, issuing 120 account takedown requests and identifying over 1,200 illegal financial adverts that reached millions of UK accounts. This move is part of a broader international effort involving 17 global regulators.
EC Markets has reported a record $5.13 trillion trading volume in Q1 2026, marking a 14.6% increase from the previous quarter. The broker also saw an 18.3% rise in active traders, with the majority of its trading volume now coming from non-forex assets.
SKYLINE TRADING is an unregulated, offshore broker established in 2024 with a dangerously low WikiFX score of 2.05 out of 10. Due to a high volume of severe client complaints involving frozen withdrawals, coercive "relationship managers," and intentional spread manipulation, it operates at a core risk level of a highly probable scam.
GVD Markets operates as a high-risk, unverified broker with a critically low WikiFX score of 1.52. Plagued by rampant trader complaints involving blocked withdrawals, frozen accounts, and extortion tactics, it is considered highly unsafe for investment.
Blueberry Markets, an Australia-based brokerage entity, is receiving a lot of complaints from users amid alleged trading scams in 2026. Complaints range from withdrawal denials to unexplained account blocks and profit deductions. These complaints have made their way to numerous broker review platforms such as WikiFX. This article thus aims to provide a comprehensive insight into recent user experiences with the broker. Read on as we share Blueberry Markets review containing user complaints and a statement from the WikiFX team on overall aspects, including its regulatory status. Let’s start investigating!
OANDA is a highly regulated veteran broker established in 2003, holding top-tier licenses from the NFA, FCA, and ASIC. Despite a strong safety foundation, traders must be cautious of rampant clone scams mimicking the brand and ensure they are using the official app.
BITPANIA is a highly suspicious, unregulated offshore broker established in 2024 with a remarkably low WikiFX score of 1.25. Due to exorbitant minimum deposit requirements and rampant complaints regarding locked accounts and impossible withdrawals, trading with this platform carries an extreme risk of total capital loss.
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