Sophisticated Forex Ponzi Schemes: Unraveling Complex Fraud Networks in the UK and Europe
Forex trading, a lucrative yet volatile market, has unfortunately become a breeding ground for sophisticated Ponzi schemes across the UK and Europe. As investors chase high returns, unscrupulous individuals exploit this enthusiasm through intricate fraud networks, leaving victims devastated and financial markets shaken.
Ontario Securities Commission warns you that NovaTech FX & CEO Cynthia Petion
On 24 August 2023, the Ontario Securities Commission released a statement of allegations in the matter of NovaTech FX and Cynthia Petion. NovaTech FX & CEO Cynthia Petion did not attend the regulatory hearing on September 28. The Capital Markets Tribunal has scheduled another hearing on this matter for 27 November 2023 at 9:00 a.m.
Wiki Finance Expo Sydney 2023 Is Coming Soon!
Taking place on November 16th, Wiki Finance Expo, Sydney 2023 is Aussie largest and most anticipated fintech event of the year. An excellent opportunity to meet with 3000+ industry representatives, project owners, VCs, developers, cryptocurrency and forex traders, fintech-providers and gamers under one roof. Thousands of collaboration opportunities will be generated in a single day, because nearly everyone in the industry and all great projects will be there. Are you ready to join?
One more user complaints against Fxprimus
A user filed complaint against FXPrimus and wrote in his complaint that “I wanted to buy gold due to the war because many brokers I followed were saying that gold would rise, then I closed my transactions by taking profit and continued trading”.
CFTC Sues Coby Young Over $300,000 Forex Scam and Pool Misconduct
CFTC sues Coby Young and his company for $300,000 forex scam and pool misconduct. Allegations include fraudulent forex transactions and registration breaches. CFTC seeks remedies and penalties, emphasizing investor protection. Stay informed on this case at the CFTC's website
How Do Forex Brokers Work
Forex brokers are vital participants in enabling seamless trading operations within the foreign exchange market.
User claims- Classic Capital is a Fraud Company
A Classic Capital user from India complaint on WikiFx on November 4, 2023, by stating that I invested $42,000 with Classic Capital in August.
SpreadEX Withdrawal Alert: Mandatory 10% Audit Fee
Alert on SpreadEX: Traders must pay a 10% audit fee deposit to withdraw funds. This raises serious scam concerns. Learn more about the risks with unregulated brokers.
The Indispensable Role of Brokers in Forex Trading
Forex trading, a dynamic and potentially lucrative endeavor, is often viewed as a solitary journey of individual investors navigating the vast financial markets. However, beneath this perception lies a fundamental truth: traders cannot trade effectively without a broker. These intermediaries, far from being mere facilitators, play an indispensable role in the intricate tapestry of Forex trading. Here’s why traders simply cannot do without a broker.
Social Media and Forex Scams: The Dark Side of Online Platforms in the UK and Europe
In the digital age, social media platforms have become more than just a means of communication; they've become fertile ground for Forex scams.
Indian rupee to trade near record lows despite surging growth- Reuters Poll
BENGALURU, Nov 8 (Reuters) - The Indian rupee will trade near record lows against the dollar over th
Frances Fiscal Consolidation is Challenged by Rigid Spending, Uncertain Reform Agenda
The French government is counting on an end to emergency support, more efficient public spending and above-potential GDP growth to reduce public debt. It is an optimistic plan given challenges ahead.
Rupee Closed Stronger But Underperformed Its Asian Peers
# trading range for the day is 83.14-83.32.# Rupee closed stronger but underperformed its Asian peer
eToro launched it's new portfolio
eToro, an online broker, has launched a new portfolio, SpaceTech that gives retail investors exposure to companies that are leading the evolution of space technology and exploration.
KOT4X Broker: A Review On Service And Regulation
KOT4X Broker review: Examining its service offerings and highlighting significant regulatory and customer support issues.
India's Dilip Buildcon Q2 profit soars on steady infrastructure demand
BENGALURU, Nov 7 (Reuters) - Indias Dilip Buildcon (DIBL.NS) reported a fourfold surge in second-qua
Cummins India posts 23% rise in Q2 profit on lower costs
BENGALURU, Nov 7 (Reuters) - Diesel and natural gas engine maker Cummins India (CUMM.NS) reported a
Clone of Plus500
The Notable UK’s Regulator Financial Conduct Authority (FCA) exposed a clone firm that is copying the details of an FCA-authorised regulated firm called Plus500. The FCA stated that the clone firm is convincing people that their firm is genuine. FCA shared the details of CLONE and authorised firm on its official website so that people don’t fall for Clone firm.
FCA UK Warns Against Plus500UK Cloned Broker
The UK's FCA warns of a fraudulent clone posing as the authorized broker Plus500UK Ltd. Investors should verify firms via official FCA resources before engaging.
India's Apollo Tyres beats Q2 profit view on higher auto sales
BENGALURU, Nov 7 (Reuters) - Indian tyre maker Apollo Tyres Ltd. (APLO.NS) reported a better-than-ex
Latest News
CFI Financial Group Secures Coveted Category One License in UAE
WikiFXSumitomo Mitsui CEO Jun Ohta, Asia's Expansion Advocate, Dies at 65
WikiFXFG IS PRAISED BY THE NORWEGIAN SEAFOOD COUNCIL FOR REMOVING STOCKFISH FROM THE FX PROHIBITION
WikiFXCrypto Trading Strategies: A guide for beginners in Nigeria
WikiFXFOREX LIBERALIZATION AND FUEL SUBSIDIES COULD PUSH INFLATION TO 30% BY DECEMBER.
WikiFXHow to Use Stop Loss Orders?
WikiFXExtradition Ahead: What is the Fate of Terra Founder Do Kwon?
WikiFXThe Rising Issues of HankoTrade
WikiFXAngel One: Wise or Unwise Choice?
WikiFXSway Markets Ends MT5, Launches Sway Charts
WikiFX