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FCA Warns Against Plus500 Clone: p500.io
The UK Financial Conduct Authority (FCA) has issued a stark warning to investors regarding a clone firm that is masquerading as the reputable retail FX and CFD broker, Plus500. The clone, operating under the name p500.io, is not authorized by the FCA and poses a significant risk to investors who may be deceived by its fraudulent activities.
Fund Managers Extend Hedge Tenors Amid FX Volatility Risks
North American fund managers extend hedge tenors amid rising FX volatility, which is driven by market conditions and upcoming US elections.
Former XM Executive Desimir Paskalev Ventures into Prop Trading with FundedBull
Desimir Paskalev, a well-known figure in the trading industry and a long-time Partner Relations Manager at retail broker XM, has embarked on a new venture under the name FundedBull. After more than a decade with XM, primarily in Europe, Paskalev has shifted his focus to prop trading.
New Russian Law Sets Guidelines for Cryptocurrency Mining and Asset Trading
Russia has taken a significant step in its approach to digital assets by officially legalizing cryptocurrency mining. The new legislation, signed into law by President Vladimir Putin, establishes a detailed legal framework for regulating cryptocurrency mining and outlines the rights and responsibilities of those involved in the sector.
Dukascopy Warns Against Three New Clone Websites
Dukascopy Bank has issued a warning regarding three new clone websites that are impersonating Dukascopy. The following websites are clones: • https://dukascopys.app/ • https://dukascopybanks.us/ • https://dukascopybankfx.com/
TradingView Launches Tick Charts for Enhanced Market Insights
TradingView's new tick charts provide granular market analysis by displaying bars based on the number of transactions, offering more precise insights for traders.
Retail Sentiment Analysis – EUR/USD, GBP/USD and USD/JPY Latest
Track trader positions, sentiment shifts, and market signals. See long vs short ratios, percentage changes, and bullish/bearish indicators to gauge overall market sentiment and trading trends.
Global stocks bounce back as market jitters ease
US stocks have their best trading day since November 2022, after new jobs data boosts sentiment.
EC Markets Redesigns its Logo & Expands Globally
EC Markets recently unveiled a new logo as part of its rebranding effort. The updated logo reflects the company's modernized image and commitment to innovation in the financial industry.
CySEC Fines Exelcius Prime €740K for Regulatory Violations
CySEC imposes a €740,000 fine on Exelcius Prime for multiple regulatory breaches, marking one of Cyprus's largest penalties for a CFDs broker.
Exness Secures FSCA ODP License in South Africa
Recently, Exness has announced a significant milestone in its operational journey, as the Financial Sector Conduct Authority (FSCA) of South Africa has granted the company an ‘Over-the-Counter Derivative Provider’ (ODP) license.
BOTBRO, TLC Coins, and Yorker Capital Markets
Understanding the interconnectedness of various entities can often be the key to making informed investment decisions. In this article, we delve into the relationships between BOTBRO, TLC Coins, and Yorker Capital Markets, examining their referral programs, promotional strategies, and the role of their CEO, Lavnish Choudhary.
Octa's Latest Promo: Combating Trading Obstacles with Education and Contests
Octa, a global financial broker, has announced a new promotional campaign aimed at addressing common trading challenges. The month-long initiative will be available to the broker’s followers across various social media platforms, including Facebook, Instagram, Telegram, LinkedIn, and X.
Donald Trump Jr. Hints at Major Cryptocurrency Announcement
Donald Trump Jr. has teased a significant cryptocurrency announcement in a recent post on X (formerly Twitter), stating that the news will be substantial enough to “shake up” the crypto world.
PHSEC Warns: TradeExpert, PIONEX Trading Club Ponzi Schemes
The Philippines Security Exchange Commission warns against investing in TradeExpert and PIONEX Trading Club due to alleged Ponzi schemes.
"Admiral Trades is a Big Fraud"~ Investor said
“I took the lowest minimum plan of $5000 and paid, even borrowing from my friends. " A user of Admiral Trades wrote his complaint on WikiFX. The complainant is from India. He alleged Admiral Trades is an all-time scammer.
Philippine PSEI Flat Amid July Inflation and Rate Concerns
Philippine PSEI ends flat as July inflation surge and rate hike concerns weigh on investor sentiment. Broader All Shares Index gains slightly.
Philippines Forex Reserves Rise to $105.65 Billion
The Philippines' foreign exchange reserves increased to $105.65 billion in July, driven by higher gold valuations, strong investment income, and active forex trading.
SkyLine Guide Set to Launch: 100 Authoritative Judges Have Gathered
“Find Best Local Brokers with SkyLine Guide!” With the thriving global forex investment market, the localization differences in the forex market are becoming increasingly significant. WikiFX has pioneered a brand new recommendation list for local brokers, creating the “Michelin Guide” for the forex industry. As a leading forex broker information service platform in the Thai market, with many years of industry experience, WikiFX is launching the SkyLine Guide for Thai users this year.
Attention: FOUR FRAUD BROKERS EXPOSED!
It's a recent official warning from the Financial Conduct Authority (FCA). There are four unlicensed brokers active in the forex market. The authority shared the details of these unauthorised brokers to protect consumers.
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