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WEBX TRADER: A Deceptive Broker Leaves Trader Stranded with $235,000 Loss
A young trader from India has fallen victim to the deceitful practices of the broker WEBX TRADER. The victim, Daraman, aged 27, trusted the broker with a significant investment of $30,000, only to be left in a devastating situation where his attempts to withdraw his substantial profits were met with silence.
Understanding How Forex Brokers Generate Revenue
This article delves into the primary ways forex brokers make money, including the intricacies of spreads, market neutrality, hedging, overnight financing, and the various broker models.
Navigating Forex Trading Risks During a Recession
Learn how recessions impact Forex trading and discover strategies to manage risks during economic downturns. Stay informed and protect your investments.
Lucky 8’s Offer by HFM
The promotion is going on until August 31st, 2024. It is only available to Philippine clients.
EBS Faces Challenges as Forex Trading Platforms Diversify
Electronic Broking System (EBS), once dominant in forex trading, faces declining transactions as banks and hedge funds turn to diverse electronic platforms, reshaping the market landscape.
WikiFX Review: Is XAU Merlion trustworthy?
XAU Merlion has headquarters in Cambodia, Phnom Penh, and is an online forex broker offering a series of financial instruments to its clients. WikiFX has made a comprehensive review of this broker by analyzing its regulations, specific information, etc. so that you have a deep understanding of this broker. In the back of the article we arranged a few small questions, each answer to the chance to win a bonus.
Exco Trade Review: A Cautionary Tale for Traders
Exco Trade, established in 2022 and headquartered in the United States, presents itself as a versatile trading platform offering a wide array of tradable assets, including cash indices, commodities, forex, cryptocurrencies, energies, metals, indexes, and shares.
INVESTIQA Introduces its trading platform in Romania
INVESTIQA, a leading financial company, has recently launched its innovative trading platform in Romania. Traders in Romania can now access a wide range of financial instruments and execute trades efficiently through the INVESTIQA platform.
What Are the Psychological Insights for Forex Trading Success?
Discover the psychological insights essential for forex trading success. Learn strategies to master emotions, build discipline, and enhance your trading mindset.
Proprietary Trading Firms vs. CFD Brokers – Which is Better?
In online trading, proprietary trading firms and CFD brokers represent two prominent models, each offering distinct opportunities and facing unique challenges. Understanding their differences can aid traders in making informed decisions about their trading strategies and investments.
FXGT.com partnered with "Trees for All" campaign
FXGT.com collaborated with South Africa’s Food & Trees for Africa (FTFA) non-profit organization to engage in the ‘Trees for All’ program. The objective of this program is to revive greenery in public areas such as parks, schools, nurseries, and forests around South Africa.
Botbro's Black Panther Event 5.0
Botbro recently organized a spectacular Black Panther event in the Atlantis Hotel in Dubai, drawing in a large crowd of users called Black Panthers. Famous Indian celebrities like Prince Narula, Neha Dhupia, Sangram Singh, Harbhajan Singh, and Saina Nehwal, attended this event and launched the two apps.
Tickmill Continues to Elevate Safety Environment for All Traders
Tickmill strengthens its commitment to trader safety with renewed Lloyd's insurance, offering up to $1 million in coverage per client. Trade with confidence.
FTX Faces Record $12.7 Billion Penalty as CFTC Delivers Victory for Investors
The Commodity Futures Trading Commission (CFTC) announced a significant $12.7 billion judgment against FTX and Alameda Research. This large amount is intended to compensate those affected by the fraudulent actions of the now-bankrupt exchange.
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.