Global Broker Regulation Inquiry App
About WikiFX
Broker Search
English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

اردو

Download
He Lost RM377,000 After Falling for Fake Forex Scheme MAXIMA Promising High Monthly Returns

He Lost RM377,000 After Falling for Fake Forex Scheme MAXIMA Promising High Monthly Returns

A 47 year old Malaysian man has lost more than RM377,000 after investing in a suspected fake forex trading scheme that promised monthly returns of up to 15 per cent.

News
Understanding Resistance Zones and the Psychology of Market Charts

Understanding Resistance Zones and the Psychology of Market Charts

For beginner Forex traders, understanding resistance zones is crucial for recognizing where currency prices might stall or break out. Technical analysts use these chart patterns to read market supply and demand rather than guessing. However, traders must rely on disciplined charting rather than falling for gamified trading apps that encourage compulsive behavior.

News
Understanding Forex Fakeouts: Why The Price Crosses a Level and Immediately Reverses

Understanding Forex Fakeouts: Why The Price Crosses a Level and Immediately Reverses

For Indian beginner Forex traders, few things are more frustrating than a 'fakeout'—when the price breaks a major support or resistance level only to immediately reverse. This article explains the mechanics behind false breakouts and how to use time frames, indicators, and candlestick patterns to avoid falling into these market traps.

News
Malaysian to Face Charges in Singapore Over Alleged S$28,000 Investment Scam

Malaysian to Face Charges in Singapore Over Alleged S$28,000 Investment Scam

​Singapore authorities are set to charge a 23 year old Malaysian man for his alleged role in an online investment scam that cheated a victim out of thousands of dollars through a fake trading scheme promoted on social media.

News
Chinese Scam Syndicate Busted in Johor Mansion as 31 Plead Guilty

Chinese Scam Syndicate Busted in Johor Mansion as 31 Plead Guilty

Malaysian police have dismantled a transnational online scam syndicate operating out of a luxury bungalow in Iskandar Puteri, leading to the arrest of 35 Chinese nationals allegedly involved in deceiving victims in Spain through fake online job offers.

News
Dollar Gains as Tensions Rise; Yen Nears 160

Dollar Gains as Tensions Rise; Yen Nears 160

The U.S. dollar strengthened in Asian trading driven by safe-haven demand after renewed military action between the U.S. and Iran. The Indian rupee found slight support from state-run bank interventions, while the Japanese yen approached the critical 160 intervention level.

News
The 7 Lowest-Spread Forex Brokers for Indian & Pakistani Traders in 2026 (Tested, Ranked & Reality)

The 7 Lowest-Spread Forex Brokers for Indian & Pakistani Traders in 2026 (Tested, Ranked & Reality)

Spreads. The single forex cost that quietly eats into every trade you place, every single day, regardless of whether you win or lose. For active traders in India and Pakistan — where most retail traders run on tight margins and bigger position sizes — the difference between a 0.6-pip spread and a 1.6-pip spread can be the difference between a profitable month and a losing one. But here is what most "best spreads" articles will not tell you: a broker advertising 0.0-pip spreads is almost meaningless if they slip your orders by 5 pips during news, freeze your withdrawals, or appear on the RBI Alert List. Real-world spread cost is only one part of the equation. Real-world total cost — including commission, slippage, execution quality, and regulatory protection — is what actually determines whether you keep your profits. This is WikiFX's 2026 ranking of the lowest-spread brokers serving South Asian retail traders, factoring in not just headline numbers but operational reality.

News
Why Forex Traders Are Paying More Attention to Prop Firms

Why Forex Traders Are Paying More Attention to Prop Firms

Prop firms are attracting more forex traders by offering access to larger trading accounts, but the model also brings stricter rules on drawdown, execution, and discipline.

News
Spain’s CNMV Warns Against Unauthorised Investment Platforms and Clone Firms

Spain’s CNMV Warns Against Unauthorised Investment Platforms and Clone Firms

Spain’s CNMV has warned against several unauthorised investment platforms and suspected clone firms, including entities using multiple domains and websites designed to resemble regulated providers.

News
Quotex Review 2025: Is This Forex Broker Safe?

Quotex Review 2025: Is This Forex Broker Safe?

Quotex is presented as a broker established in 2020, but WikiFX data gives it a low score of 1.53 and shows no verified financial regulation. Multiple regulator disclosures and user complaints about deposits, withdrawals, account blocking, and fund access create a high-risk profile.

Exposure
Pareto Securities Review 2025: Is This Forex Broker Safe?

Pareto Securities Review 2025: Is This Forex Broker Safe?

Pareto Securities is a regulated broker with a WikiFX Score of 5.35 and FCA oversight in the United Kingdom. This review summarizes its license status, service profile, available contact channels, and key risks based strictly on the provided WikiFX data.

Exposure
Overcoming Profit Fear: Why Holding a Winning Trade Feels So Hard

Overcoming Profit Fear: Why Holding a Winning Trade Feels So Hard

Beginner Forex traders often struggle with the psychological hurdle of closing winning trades too early while letting losing trades drag on. This article explains the behavioral economics behind this 'profit fear,' exploring concepts like loss aversion and the sunk cost fallacy, and provides practical steps to keep emotions out of trading decisions.

News
Pocket Option Review: Blocked Login, Frozen Funds, and a Broker Regulation Warning

Pocket Option Review: Blocked Login, Frozen Funds, and a Broker Regulation Warning

Pocket Option carries a severe warning: no verified financial regulation was found, while Malaysia’s Securities Commission listed the brand for unauthorized activity. Recent traders also report frozen accounts, blocked login access, uncredited deposits, and large withdrawal delays involving sums up to $40,000 and $12,000.

Exposure
OANDA Review: Regulated Broker, But Withdrawal Complaints Raise a Hard Warning

OANDA Review: Regulated Broker, But Withdrawal Complaints Raise a Hard Warning

Critical warning: trader complaints linked to OANDA-branded or OANDA-claiming platforms describe blocked withdrawals, VIP upgrade demands, frozen accounts, and extra tax or guarantee payments. OANDA also carries one NFA disciplinary disclosure, so traders must verify the exact website, entity, and regulator before depositing.

Exposure
Dollar Ticks Higher as Oil Plunges

Dollar Ticks Higher as Oil Plunges

The U.S. dollar edges higher as crude oil prices drop on optimism over a U.S.-Iran peace deal. Inflation reports from Australia and the Federal Reserve keep markets focused on rate differentials.

News
Why a 70% Win Rate Still Ends in a Margin Call

Why a 70% Win Rate Still Ends in a Margin Call

Many beginners obsess over finding a trading strategy with a high win rate, not realizing that winning most of your trades can still lead to a blown account. This article explains how the risk/reward ratio dictates your actual profitability and why ignoring proper position sizing inevitably triggers a margin call. The key takeaway is that learning to cut losses early and scale into winning positions matters more than being right all the time.

News
How to Train Your Forex Market Sense With Manual Blind Testing

How to Train Your Forex Market Sense With Manual Blind Testing

Many new traders freeze when real charts start moving because they lack trading intuition. This article explains how to use manual blind testing to train your subconscious mind safely. By replaying historical charts candle by candle, you can test your system and eliminate emotional hesitation before risking real capital.

News
CXM Prime Review 2026: FCA Regulation but Troubling User Complaints

CXM Prime Review 2026: FCA Regulation but Troubling User Complaints

While CXM Prime holds a respected UK FCA regulatory license, a WikiFX score of 5.06 and severe user complaints alleging platform manipulation introduce notable operational risks. Indian traders should proceed with extreme caution and carefully weigh the top-tier regulation against these troubling user reports before depositing funds.

Exposure
cTrader Mobile 5.9 Adds My cTrader and Improves Chart Navigation

cTrader Mobile 5.9 Adds My cTrader and Improves Chart Navigation

cTrader Mobile 5.9 for iOS introduces My cTrader, streamlines in-app navigation, and adds new chart controls and focus features.

News
EWGFX Review 2025: Is This Forex Broker Safe?

EWGFX Review 2025: Is This Forex Broker Safe?

EWGFX is an unregulated forex broker with a WikiFX Score of 1.62. Based on the available WikiFX data, its key concerns include the absence of verified regulatory oversight, a low score, an E influence rank, and multiple exposure records.

Exposure
Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com