Binance Breach? Trader Loses $1M to Hacking Scam
A Chinese trader fell prey to a sophisticated hacking scam on Binance, losing $1 million after hackers exploited a deceptive Chrome plugin, Aggr, to bypass security measures, execute leveraged trades, and manipulate low liquidity trading pairs, raising questions about Binance's security protocols and responsibility for compensating such losses.
BSP Considers Rate Cut, Peso Value Under Watch
Banko Sentral ng Pilipinas Governor hints at a possible rate cut before the US Federal Reserve, affecting the peso's strength.
Hong Kong Police Warns of Rising Digital Asset-Linked Crime
A surge in digital asset crime prompts the Hong Kong Police Advisory Group to call for a regulatory system and public awareness initiatives.
Italian CONSOB Exposed 5 Unauthorized Financial Websites
Italy’s regulator CONSOB warned about the fraudulent websites impersonating legitimate investment firms. These websites aim to deceive unsuspecting investors into providing personal information or making financial transactions.
iFOREX Launched Innovative AI Trading Assistant
A well-known renowned broker, iFOREX introduced a new artificial intelligence tool to improve users' trading experiences. This innovative artificial intelligence assistant is now available on the iFOREX website, providing traders with rapid responses to their questions about trading with this respected broker.
USD/JPY Surges Beyond Key Threshold Ahead of BoJ Meeting
Enhance your trading acumen and stay ahead of the curve. Access the Japanese yen Q2 outlook today for exclusive insights into pivotal market drivers every trader should be monitoring:
USD/INR Forecast June 2024
According to the reports, the first two and a half weeks of May saw the USD/INR currency pair confined to a notably tight trading range. The pair faced robust resistance around the 83.5240 level, though there were occasional deviations. However, on May 17th, the USD/INR broke through the support level at approximately 83.39, which had held since May 6th, leading to a dip towards 83.2388.
WikiFX Broker Assessment Series | Is FX6 Reliable?
In this article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information.
Oron Limited: Read the complete review here
Oron Limited, a company registered in Saint Lucia, has swiftly established itself within the financial landscape, operating for less than a year.
ASIC Bans Melbourne Director for $650K Fraud
ASIC permanently bans director Christopher Nairn for $650K fraud, highlighting regulatory actions against financial misconduct and new measures for industry transparency.
BEWARE! FCA EXPOSED SIX ILLEGAL BROKERS
Recently, the UK Financial Conduct Authority(FCA) issued a list of illegal Brokers and warned Investors about fraud brokers. The unauthorised brokers' names are Money Back, JAMBIN, cryptocurrency.ax, CAVENDISH BROWN, ALTRAFROT, and Sanctum Fixed Income.
Foreign Investors Withdraw $312M from Philippines in April
Foreign investors pulled $312M from the Philippines in April, a rise from March's $236M, says BSP. However, net inflows were seen over the first four months.
Nigerian Senate Backs Crypto Regulation to Strengthen Naira
Meta Description: The Nigerian Senate supports cryptocurrency regulation to safeguard investors and strengthen the naira amid inconsistent policies. This move aims to boost economic stability and attract investments.
The Role of Forex Brokers Explained
The foreign exchange market, commonly known as forex, stands as the world's largest financial arena, boasting daily trading volumes in the trillions of dollars. For those eager to capitalize on currency fluctuations, entering this dynamic yet intricate market necessitates the guidance of a skilled intermediary: the forex broker.
SC Malaysia Warned Against Arab Investment Company
SC Malaysia has been cautioned regarding Arab investment company. According to the Authority, a possible clone operating an illegal investment scheme offers high returns e.g.a return of RM3,000 in 24 hours with an investment of RM300. This entity does not carry a License.
A South African Trader Claimed That SWIFT EARNERS Blocks His Withdrawal Request
SWIFT EARNERS has emerged as a controversial and highly dubious player. Despite its claims of being a reliable broker with a base in the United States and additional operations in Thailand, the experiences of numerous victims tell a different story. A particularly harrowing account comes from a South African victim who has found himself ensnared in what appears to be a well-orchestrated scam.
Octa Sponsored Three Charity Initiatives
The renowned broker Octa, sponsored three charity projects to support underprivileged children in Indonesia, Malaysia, and Nigeria. In Indonesia, Octa's charity initiative included the rehabilitation of SD NEGERI DEPOK, a school in Depok City, West Java.
RIF-CAPITAL is an FX investment fraud and cannot withdraw money!
When searching for "RIF-CAPITAL" in WikiFX, we found that we have not yet confirmed its valid license information. WikiFX has received eight complaints against the trader in the past three months.
From Rookie to Pro: Becoming a Confident Trader
Trading in the financial markets, whether forex or cryptocurrency, can seem daunting for beginners. However, with the right approach and mindset, anyone can evolve from a rookie to a confident trader. Here’s a step-by-step guide to help you navigate this journey.
Questrade Integrates with TradingView: New Opportunities for Traders
Canadian traders can now access Questrade on TradingView, enhancing their trading experience with new tools and features.
Latest News
NEURON MARKETS: Unmasking the Deceptive Practices of a Disreputable Broker
WikiFXWant to Improve Your Forex Trading Success Rate? Get to Know the Five Key Players in the FX Market!
WikiFXNew York Sues NovaTech for $1B Crypto Pyramid Scheme
WikiFXWHY DO MOST FOREX TRADERS FAIL?
WikiFXSouth Korea Celebs Choi Jin-hyuk and Kim Jong-kook Expose Scams
WikiFXTrader or Investor? How Do You Choose?
WikiFXMajor Forex Trading Sessions
WikiFXWikiFX Broker Assessment Series | TradingPro: Is It Trustworthy?
WikiFXThree Reasons Why US Markets Thrive in Prolonged Fed Hold
WikiFXThe Dark Side of Forex and Crypto Trading Platforms
WikiFX