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What Every Trader Must Know About Online Brokers


What Every Trader Must Know About Online Brokers


In the world of online trading, where fortunes can be made or lost in the blink of an eye, success often depends on more than market knowledge or strategy. It hinges, sometimes invisibly, on one crucial factor: your online trading broker. But what exactly is an online trading broker, and why is their role so pivotal to your financial journey?

Three days ago
PU Prime Teams Up with AFA to Champion Excellence in Football and Trading

PU Prime Teams Up with AFA to Champion Excellence in Football and Trading

PU Prime partners with Argentina’s national football team, AFA, to promote forex trading, financial education, and global brand expansion in key markets.

Three days ago
Moneta Markets Launches UAE Share CFDs, Expanding Trading Opportunities

Moneta Markets Launches UAE Share CFDs, Expanding Trading Opportunities

Moneta Markets launches UAE Share CFDs, giving traders access to top ADX companies with flexibility, security, and trust in the UAE’s growing economy.

In a week
ICM.com Secures UAE License, Boosts Middle East Expansion

ICM.com Secures UAE License, Boosts Middle East Expansion

ICM.com gains UAE SCA license in Dubai, enhancing Middle East presence. Explore how this supports their global expansion strategy in the financial hub.

In a week
Scope Market (RS Global Ltd.) Accused of Unauthorised Deductions & Suspensions

Scope Market (RS Global Ltd.) Accused of Unauthorised Deductions & Suspensions

Several users of the trading platform Scope Market (RS Global Ltd.) have reported serious issues with their accounts, including large amounts of money being taken without warning and permanent suspensions without clear explanation

In a week
Is KODDPA a Ponzi Scheme?

Is KODDPA a Ponzi Scheme?

Recent allegations have cast a dark shadow over the trading platform KODDPA. Once positioned as a promising player in the broker industry, KODDPA now faces serious questions regarding its integrity and legitimacy. Multiple recent incidents—including widespread account disputes, claims of system hacking, and demands for users to pay taxes for fund withdrawals—suggest that the platform may be operating far from the transparent, regulated environment it purports to provide.

In a week
Xtreme Markets-Overview of Minimum Deposit, Spreads & Leverage

Xtreme Markets-Overview of Minimum Deposit, Spreads & Leverage

 Xtreme Markets, an online forex trading platform, offers a range of trading instruments, including forex, cryptocurrencies, indices, and stocks. The account types offered by Xtreme Markets include Cent Account, Prime Account, Platinum Account, Royal Account, and Power-Up Bonus Account, catering to different levels of experience and investment preferences.

04-11
RoboMarkets Expands Asset Offering with 1,160+ New Instruments

RoboMarkets Expands Asset Offering with 1,160+ New Instruments

RoboMarkets adds 1,160+ assets to R StocksTrader, including US, UK, Swiss stocks, and UCITS ETFs, with zero-commission trading and improved conditions.

04-10
Plus500 Launches UAE Subsidiary Plus500Gulf with SCA License

Plus500 Launches UAE Subsidiary Plus500Gulf with SCA License

Plus500 secures SCA license for Plus500Gulf, enhancing UAE trading with innovative fintech solutions and expanding Gulf market presence.

04-10
 FxPro-Some Important Points about This Broker

FxPro-Some Important Points about This Broker

Founded in 2006, FxPro is a reputable UK-based broker, offering trading on forex, crypto CFDs, metals, indices, futures, energy, and shares via the popular MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader platforms, as well as its proprietary platform, FxPro WebTrader and FxPro Mobile App. In addition to its trading services, FxPro provides clients with a comprehensive knowledge hub, which contains all kinds of educational resources, friendly for both beginners and professionals.

04-10
CMC Markets Elevates Trading with TradingView Integration

CMC Markets Elevates Trading with TradingView Integration

CMC Markets enhances trading with TradingView integration, offering tight spreads, 24/7 crypto CFD access, and advanced charting tools.

04-08
ASIC Shuts Down 95 Scam Companies in Major Crackdown on Fraud

ASIC Shuts Down 95 Scam Companies in Major Crackdown on Fraud

The Australian Securities and Investments Commission (ASIC) has received Federal Court approval to shut down 95 companies involved in suspected investment scams.

04-08
GIVTrade

GIVTrade

Giv Trade was a relatively new online broker registered in 2019 in Saint Vincent and the Grenadines. It provides MT5 and GivTrade APP as its trading platforms, and this company is currently offshore regulated by FSC.

04-08
RM650,000 Lost in Investment Fraud Advertised on Social Media

RM650,000 Lost in Investment Fraud Advertised on Social Media

A Malaysian manager has suffered a devastating financial loss of RM651,800 after falling prey to a deceptive investment scheme via a Facebook advertisement that promised lucrative returns within a short timeframe.

04-07
Quantedge Capital Co. Limited: The Fake Platform Behind a RM703,000 Loss

Quantedge Capital Co. Limited: The Fake Platform Behind a RM703,000 Loss

A woman from Kuantan lost RM703,000 after falling for an investment scam linked to a platform called Quantedge Capital Co. Limited. The 47-year-old company manager believed she was investing in a legitimate opportunity shared with her through WhatsApp. Over the course of ten months, she transferred large sums of money but never received any returns.

04-07
Interactive Brokers Launches Forecast Contracts in Canada for Market Predictions

Interactive Brokers Launches Forecast Contracts in Canada for Market Predictions

Interactive Brokers introduces Forecast Contracts in Canada, enabling investors to trade on economic, political, and climate outcomes. Manage risk with ease.

04-04
Bank Negara Malaysia Flags 12 New Companies for Unauthorised Activity

Bank Negara Malaysia Flags 12 New Companies for Unauthorised Activity

Bank Negara Malaysia (BNM) has updated its Financial Consumer Alert List (FCA List) by adding 12 more entities, reinforcing its efforts to warn the public against unregulated financial schemes. Check if your broker made the list!

04-03
PrimeXBT-Overview of Minimum Deposit, Spreads & Leverage

PrimeXBT-Overview of Minimum Deposit, Spreads & Leverage

PrimeXBT is a regulated multi-asset trading platform offering CFDs, forex, indices, and commodities with zero commission and tight spreads starting at 0.1 pips. Licensed by South Africa‘s FSCA and Saint Lucia’s FSRA, it supports flexible deposits from $1 and withdrawals, multi-platform access including WebTrader, MetaTrader 5, and mobile app.

04-02
IG Group Acquires Freetrade for £160M to Expand UK Investment Market

IG Group Acquires Freetrade for £160M to Expand UK Investment Market

IG Group acquires Freetrade for £160M, boosting its UK investment offerings. Freetrade to operate independently, with plans for growth and innovation.

04-02
Exposing the Top 5 Scam Brokers of March 2025: A Closer Look by WikiFX

Exposing the Top 5 Scam Brokers of March 2025: A Closer Look by WikiFX

In its latest report for March 2025, WikiFX has released a cautionary ranking of brokers that have raised significant red flags within the trading community. These five platforms, marked by alarmingly low scores, serve as stark reminders of the importance of due diligence when selecting a broker. Below is an in-depth look at each one.

04-01
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