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FINRA Fines Rialto Markets $50,000 for Cybersecurity and Supervisory Failures

FINRA Fines Rialto Markets $50,000 for Cybersecurity and Supervisory Failures

Rialto Markets LLC, a FINRA-registered broker-dealer headquartered in New York, has agreed to pay a $50,000 fine and accept a censure in a settlement with the Financial Industry Regulatory Authority (FINRA) over serious deficiencies in safeguarding customer information.

News 06-12
WikiFX Survey Team on Exclusive Markets: What Did They Find?

WikiFX Survey Team on Exclusive Markets: What Did They Find?

In a recent on-site investigation, the WikiFX Survey Team traveled to Seychelles to verify the existence and operational presence of the forex broker Exclusive Markets, which claims to be located at Room S42(b), Second Floor, Block Praslin Tower, Espace Building, Victoria, Mahé, Seychelles.

Exposure 06-12
Receiving Guaranteed Forex Return Promises? BEWARE, It's a SCAM!

Receiving Guaranteed Forex Return Promises? BEWARE, It's a SCAM!

Discover how fraudsters have duped investors with guaranteed forex return schemes in this guide. Read, stay alert and informed before investing.

News 06-12
Investors Beware! OctaFX Telegram Investment Scam Busted

Investors Beware! OctaFX Telegram Investment Scam Busted

A novice trader from Malaysia was defrauded by a clone of the regulated broker OctaFX. He lost RM1,000 (Malaysian currency) on Telegram after encountering scammers posing as OctaFX.

News 06-12
  SBI has an Urgent Warning For You! Take it Seriously

SBI has an Urgent Warning For You! Take it Seriously

The State Bank of India (SBI) recently issued a public warning against "too good to be true" offers, sponsored advertisements, and messages circulating on social media and various platforms. These fraudulent schemes claim to offer stock market tips, investment advice, or privileged financial information under the false guise of association with the State Bank of India (SBI).

News 06-12
Investors Lose Millions as Dubai-based Gulf First Commercial Brokers Vanishes

Investors Lose Millions as Dubai-based Gulf First Commercial Brokers Vanishes

Oh! Another forex scam news has emerged, hitting millions worldwide, including Indian investors. The culprit - Gulf First Commercial Brokers, a UAE-based brokerage firm.

News 06-12
U.S. consumer prices rose 2.4% in May, below expectations

U.S. consumer prices rose 2.4% in May, below expectations

U.S. consumer prices rose at a slower-than-expected annualised rate in May, despite market concerns that President Trump's aggressive tariff policies could impact inflation.

News 06-12
Danske Bank expects the European Central Bank to cut its final interest rate in September

Danske Bank expects the European Central Bank to cut its final interest rate in September

Danske Bank (CSE:DANSKE) now expects the European Central Bank to cut interest rates by another 25 basis points in September, bringing the margin rate down to 1.75%, and has scrapped its previous expectation of a rate cut in July.

News 06-12
Important Statement on the Authenticity of WikiFX Score and Broker Reviews

Important Statement on the Authenticity of WikiFX Score and Broker Reviews

WikiFX is committed to enhancing transparency and security in the forex industry through technological means and publicly available data. We firmly believe that fair information disclosure and a scientific evaluation system can genuinely safeguard investors’ rights and boost the healthy development of the industry.

News 06-12
Breaking News! Africa's Most Innovative Broker Is Here

Breaking News! Africa's Most Innovative Broker Is Here

JustMarkets Wins FMAS:25 Awards, Leading the New Wave of Trading in Africa!

News 06-11
Millions Have Been Lost Due to the Forex Scam! Hope You are Not a Victim!

Millions Have Been Lost Due to the Forex Scam! Hope You are Not a Victim!

The black money trail from illegal forex trading activities is deepening its roots across India. Let's find out some latest forex scam stories.

News 06-11
Should You Trade with an 800 Crore Scam-ridden OctaFX?

Should You Trade with an 800 Crore Scam-ridden OctaFX?

The Enforcement Directorate accused, OctaFX, a forex trading platform, of an INR 800 crore scam through its investigation. But are ED's claims true? Let's find out!

News 06-11
Weltrade: The Broker With Revoked Licences and a Failing Score

Weltrade: The Broker With Revoked Licences and a Failing Score

With revoked licences, misleading regulatory claims, and a dangerously low WikiScore, Weltrade may be exposing unsuspecting traders to far more risk than they realise. Here’s what every investor needs to know.

Exposure 06-11
Missing Profits? WikiFX’s Free VPS Could Be the Fix

Missing Profits? WikiFX’s Free VPS Could Be the Fix

In today’s fast-paced foreign exchange (forex) market, milliseconds can mean the difference between profit and loss. With global daily trading volumes exceeding $6.6 trillion and high-frequency trading accounting for more than half of all transactions, technology has become the frontline weapon of serious traders. Recognising this, WikiFX has launched its cloud-based Virtual Private Server (VPS) service, now available for free to users worldwide.

News 06-11
Global Introducing Broker Growth Sharing Campaign

Global Introducing Broker Growth Sharing Campaign

Transform your practical experience into global business opportunities! Whether you possess regional client acquisition strategies or master policy benefit tactics, Simply share valuable insights to unlock:

News 06-11
Global Introducing Broker Growth Sharing Campaign

Global Introducing Broker Growth Sharing Campaign

Global has introduced the Broker Growth Sharing Campaign, which will run from June 11 to July 9, 2025. Read on to know how you can participate in it to unleash global business opportunities.

News 06-11
AMarkets Review 2025: Read Before Trade

AMarkets Review 2025: Read Before Trade

2025 AMarkets review: Unregulated broker with mixed user feedback, offering diverse accounts & high leverage. Explore risks, server performance & reviews at wikifx.com. Trade wisely!

Exposure 06-11
HYCM Flagged by Malaysia’s Securities Commission

HYCM Flagged by Malaysia’s Securities Commission

HYCM, a well-known online trading platform, has been added to the Investor Alert List by the Securities Commission Malaysia (SC). According to the SC, HYCM has been carrying out unregulated activities, which means the company is offering trading services in Malaysia without having the proper license to do so within the country.

Exposure 06-11
Is Fxonet a Scam?

Is Fxonet a Scam?

One broker currently raising red flags within the trading community is Fxonet, a forex trading platform registered in Comoros. Despite presenting itself as a legitimate option for traders, several warning signs suggest that Fxonet may not be a trustworthy broker.

Exposure 06-11
ZFX vs HYCM: Which Broker Is More Suitable for You?

ZFX vs HYCM: Which Broker Is More Suitable for You?

When choosing a forex and CFD broker, it's crucial to compare key aspects such as regulation, trading platforms, account types, fees, and customer support. Both ZFX and HYCM are reputable brokers with high scores on WikiFX, indicating their reliability. This article provides a side-by-side comparison to help you determine which broker aligns better with your trading needs.

News 06-11
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