Robinhood Stopped 24-Hour Trading Amid Market Turbulence
Robinhood announced the suspension of its 24-hour overnight trading service due to the severe market downturn on Monday, August 5.
Max Wealth Jewellery
Max Wealth Jewellery is an unregulated brokerage company registered in the United Kingdom. This firm specializes in forex trading with the popular MT5 platform. This firm also provides other investment options, including commodities, indices and futures. Six account types are available with different leverage and spreads. However, its website lacks of transparency about trading fees.
Quantec
Founded in 2023 in China, Quantec is an unregulated trading platform that offers a variety of account tiers and a diverse range of market instruments, including foreign exchange (FX), metals, indices, and oil. Quantec has partnered with Eightcap, which now serves as its primary trading platform.
XL
Jole International stated that it was established in Taiwan in 2011. It is a digital financial company that offers investors a range of transactions, including foreign exchange, cryptocurrencies, international crude oil, gold, silver, and other assets. However, the platform is not regulated.
Best Forex Trading Strategies for Beginners
With the expansion of the global economy, currency demand among different countries has gradually expanded, and foreign exchange trading has become the financial market with the largest trading volume in the world. Forex trading is the exchange of one country's currency with another country's currency. Unlike other financial markets, the forex market has no specific location or central exchange. Instead, it operates through an electronic network of banks, businesses, and individuals. Foreign exchange trading is not only a tool for users to hedge the risk of future exchange rate fluctuations, but also a method for investors to make profits from currency investments.
Is Donald Trump Leveraging Cryptocurrency to Fuel His 2024 Election Bid?
This article explores the speculative yet provocative notion that former President Donald Trump might be leveraging cryptocurrency to fuel his 2024 election campaign, highlighting the potential implications and sparking debate on the evolving intersection of politics and digital finance.
GOLDEX
GOLDEX, based in Belize, specializes in trading precious metals, primarily gold. The platform was previously regulated by the International Financial Services Commission (IFSC), but this regulation has been revoked. GOLDEX operates using its GDX Trader platform, accessible on iOS, Android, and PC. Users are required to upgrade to VIP status to withdraw funds. The official website is available only in Chinese, and customer support is available via email at cs@goldexglobal.hk.
Alaris Finance
Alaris Finance is a trading broker registered in China and operates without regulatory oversight. It offers a range of account types, including Pro, VIP, Classic, Standard, and Mini, with a minimum deposit requirement of $250. Clients can access maximum leverage of up to 1:100, providing opportunities for various trading strategies. For assistance, customer support is available via email at support@alarisfinance.pro. While Alaris Finance offers diverse options, potential traders should be mindful of the lack of regulation.
Weekly Hang Seng TECH Index Options Set to Debut on HKEX
Hong Kong Exchanges and Clearing Limited (HKEX) has announced its intention to launch Weekly Hang Seng TECH Index Options on September 2, pending regulatory approval.
IG Securities Ends Crude Palm Oil Asset Offerings
IG Securities, the Japanese subsidiary of the prominent electronic trading firm IG Group, has announced that it will cease offering trading instruments related to crude palm oil.
Want to Improve Your Forex Trading Success Rate? Get to Know the Five Key Players in the FX Market!
This article delves into the primary participants of this colossal market, including importers and exporters, Forex brokers, commercial banks, central banks, and speculators. By understanding the roles of these key players, traders can better navigate the Forex landscape.
China Busts $295.8M Underground Crypto Bank for Yuan-Won Exchanges
In a state media report released on Sunday, police in Northeast China's Jilin province announced the arrest of six suspects allegedly facilitating illegal operations in both China and South Korea, involving at least 2.14 billion yuan ($295.8 million).
Ringgit Weakens Amidst Battling Global Economic Turmoil
On Tuesday, the ringgit dipped to a low of 4.7900 against the US dollar, driven by apprehensive investors seeking refuge in the safe haven currency amidst escalating geopolitical tensions. Over the past week, the local currency has depreciated by nearly 0.9% against the US dollar, marking its weakest performance since January 1998. In conjunction with this decline, Bank Negara Malaysia has reiterated its commitment to bolstering the ringgit.
Is This the Beacon of Light for MYR?
The article suggests positive prospects for Malaysia's Ringgit (MYR) based on projections by BMI, indicating potential strengthening trends in the latter half of 2024 and early 2025. Factors such as anticipated policy relaxation, stability in yield differentials, and favourable external conditions contribute to this outlook. However, whether this constitutes "good news" for the MYR ultimately depends on various factors, including economic performance, policy decisions, and external developments, which may impact currency movements.
Top 5 things to watch in markets in the week ahead
The focus of this week's economic calendar will be the release of U.S. employment data on Friday, as investors hope for signs that the economy is heading for a smooth landing. Following a strong performance for stocks in the first quarter, attention now turns to the beginning of the second quarter. Monitoring of intervention possibilities continues for the yen and the yuan, while market participants keep a close eye on data releases from the Eurozone and China. Here's a rundown of key developments to kickstart your week.
AB: A Global Leader in Investment Management and Research
Explore AB's global impact as a leading investment management and research firm, showcasing $725 billion AUM, innovative solutions, and client-focused strategies.
MFSA Warns Against AI Trading Tool Libra
MFSA warns against Libra's AI trading tool, urging public caution. Libra is unlicensed in Malta and may pose financial risks. Verify before investing.
ASIC Takes Down 3,500 Scam Websites to Safeguard Consumers
ASIC ramps up consumer protection, successfully closing over 3,500 fraudulent investment websites since July 2023, focusing on digital scams and market safety.
WTI hovers around $77.00 with a positive momentum, focus shifts to US PCE, Oil Rig Count
West Texas Intermediate (WTI) oil price pauses its two-day winning streak but is anticipated to conclude the week on a positive note, trading near $77.00 per barrel during the Asian session on Friday.
FCA Warns an Unauthorized Broker Named 'Sapphire Markets'
On December 7, the UK's Financial Conduct Authority (FCA) regulator warned against an unauthorized broker called Sapphire Markets, reminding the public to be aware of financial safety.
Popular tags
Latest News
Global Panic Builds as Forex Shifts into Risk-Off Mode
WikiFXSEC Fines Velox Clearing $500,000 for SAR Failures
WikiFXShocking! Oil Prices Plunge Below $60
WikiFXBI Alerts Filipinos: Telegram, Facebook Used for Trafficking Scams
WikiFXAUD/USD Hits New Lows as Panic Selling Unfolds Amid Robust U.S. Jobs Report
WikiFXFCA Released New List of Unauthorized Brokers
WikiFXHow to protect your money during Black Monday
WikiFXWall Street Funded Establishes Broker in St. Lucia to Reintroduce MetaTrader 5
WikiFXThink You’re Too Smart to Fall for an Investment Scam?!
WikiFXASIC Shuts Down 95 Scam Companies in Major Crackdown on Fraud
WikiFX