Italy's CONSOB Blocks Five Unauthorized Investment Sites
Italy's CONSOB has ordered the blocking of five investment websites for operating without authorization.
Risk Alert
“The broker suddenly stopped withdrawals without a reason." It’s an excerpt from the complainant’s complaint. The complainant is from India and filed a complaint on May 14, 2024, against One Ozo regarding the fraud which happened to him.
WikiFX Broker Assessment Series | Moomoo: Is It Trustworthy?
In this article, we will conduct a comprehensive examination of Moomoo, 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.
Finalto Launches New Office In Singapore
Finalto Asia Pte Ltd recently revealed the shift to a new office at 79 Anson Road UE BizHub in Singapore. The broker stated on its official website that This expansion underscores Finalto’s commitment to strengthening its presence in Asia and its dedication to being a truly global financial services provider.
Forex STP Trading Model, Essential for Novices and Veterans Alike
Whether you are a newcomer or a seasoned player in the forex market, it's crucial to understand the STP trading model. You'll notice that even slightly more reputable forex brokers emphasize the advantages of this model on their platforms. For experienced traders, selecting an investment platform naturally leads to choosing an STP model forex platform because it's currently the best and most widely used trading model. With that said, what exactly does the STP model entail?
ASIC restricts three listed companies from issuing a reduced-content prospectus
ASIC has imposed restrictions on XTC Lithium Limited (XTC), My Rewards International Limited (MRI), and Range International Limited (RAN) after their failure to fulfill reporting obligations as per regulatory requirements. These restrictions prohibit the companies from issuing a reduced-content prospectus for a period of 12 months.
Trading.com Fined $50k for Regulatory Violations
Trading.com settles with NFA, agrees to pay $50k fine for not meeting financial reporting standards.
Malaysian Retiree Scammed Out of RM620,000
A 56-year-old retiree from Johor (Malaysia) has been swindled out of nearly RM620,000 by an investment scam purportedly based in Cyprus.
UK May Push More Reforms on Financial Regulators
The UK government may implement further reforms to prioritize growth in the finance industry, amid ongoing regulatory tensions.
Taurex Launches Innovative Trading App for All Levels of Traders
Taurex introduces a new trading app offering over 1,500 CFDs, robust risk management, and global 24/5 support.
Phoenix FX: SCAM OR LEGIT?
Established in 2023 in Saint Lucia, Phoenix FX Limited offers a suite of Forex and CFD trading options without regulatory backing. Appealing to a various trading community, it provides access to multiple markets, including forex, indices, commodities, cryptocurrencies, and stocks.
Interactive Brokers Introduces Cryptocurrency Trading For UK Clients
Interactive Brokers has announced the official launch of cryptocurrency trading in the United Kingdom as a new feature on its platform.
TradingView Now Offers Spread Betting with Spreadex
TradingView, a social trading and charting platform, recently expanded its collaboration with UK-based brokerage Spreadex to incorporate spread betting functionality, as announced on Tuesday.
Robinhood Crypto Expands Staking Features in Europe
Robinhood Crypto launches staking, localized apps, and new rewards in Europe, aiming to enhance user experience and accessibility.
Canada's Watchdog Warns Against CFX FUND
Canada’s CSA issued a warning against CFX Fund, advising investors to be cautious. The regulatory authority highlighted concerns regarding the company's operations and urged the public to refrain from engaging in any financial activities with CFX Fund.
CNMV Issued Warning Against 18 Unregistered Firms
The National Securities Market Commission (CNMV) has issued warnings against eighteen unauthorised entities. The list is given below.
Exposing Super Profit 8: A Scammer in Disguise
Super Profit 8, a broker that claims to offer high returns through an institutional terminal account, has been revealed as a fraudulent operation, preying on unsuspecting investors.
eToro Clarifies Temporary Halt of $GME Trading Due to Volatility
eToro clarifies the temporary halt of $GME trading, attributing it to Nasdaq's safety mechanism amid significant stock volatility.
GameStop Back in the Rally?
GameStop's stock (GME) experienced a substantial increase of nearly 60% on Tuesday, continuing a meme-fuelled rally that had already boosted the video game retailer's shares by 74% in the previous session. Is GameStop back in the game or is this a dead-cat bounce?
Thousands of Malaysians Duped in RM20 Million Gold Investment Scam
In a devastating blow to thousands of investors, a fraudulent gold investment scheme has surfaced in Malaysia, resulting in losses estimated at RM20 million.