ASIC Sues Binance Australia Derivatives for Misclassifying Retail Clients
ASIC accuses Binance Australia of misclassifying 500+ retail clients as wholesale, denying key consumer protections for crypto derivatives. Penalties and reforms are underway.
MOVE Token Reaches $1.6B Market Cap After Binance Airdrop
MOVE token soars 60% to $1.6B market cap after Binance airdrop. Trading volume surged, listing on South Korean exchanges, and community interest rises.
Interactive Brokers Adds Bursa Malaysia Derivatives to Its Platform
Interactive Brokers has now included Bursa Malaysia’s listed derivatives on its platform. This development enables clients to trade Crude Palm Oil Futures (FCPO) and FTSE Bursa Malaysia KLCI Futures (FKLI), expanding their investment strategy options.
UBS Under Watch for Vetting Credit Suisse Wealthy Clients
Switzerland's financial regulator, FINMA, is closely monitoring UBS's vetting of Credit Suisse's wealthy clients as the bank undergoes a significant integration process.
Binance Exec Flees Nigeria Amid New Tax Evasion Charges
Binance's legal challenges in Nigeria spotlight the complex interplay between global crypto platforms and regulatory bodies, urging industry evolution.
FTX Founder Prosecutes 40–50 Years In Prison, Prosecutors Said
Sam Bankman-Fried, a prominent figure in FTX, is currently facing the prospect of a 40–50-year prison term for what prosecutors label as "historic fraud." This situation highlights the shifting landscape of ethics and risks in the cryptocurrency domain.
UK Firms Hesitant to Partner with Binance Amid FCA Concerns
Binance faces UK market challenges as firms shy away due to FCA scrutiny, affecting potential partnerships and regulatory compliance.
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.
Five Websites Warned! BCSC Alerts About TopMarkets
On January 4, 2024, the British Columbia Securities Commission (BCSC) warned an unlicensed broker called TopMarkets.
How to Use Stop Loss Orders?
In forex trading, understanding and managing risk is paramount to success. One powerful tool that traders have is the "stop loss order."
Empowering Traders Through Transparency: Explore, Compare, and Conquer with WikiFX!
In the fast-paced world of financial markets, finding a reliable and transparent broker is the key to a successful trading journey.
Exploring the Motives Behind Forex Brokers' Leverage Offerings
In the realm of forex trading, leverage emerges as a potent instrument that bestows an array of advantages upon brokers immersed in this ever-evolving market.
CEO Trading: Unraveling the Mask of its Deceit
Out of thousands of brokers existing in the forex market, finding the legit one has always been a difficult task.
How Do Forex Brokers Work
Forex brokers are vital participants in enabling seamless trading operations within the foreign exchange market.
How to Use Stop Loss Orders?
In forex trading, understanding and managing risk is paramount to success. One powerful tool that traders have is the "stop loss order."
Best High Leverage Forex Brokers for 2023
Forex leverage provides traders with the ability to manage larger positions using a smaller capital investment.
Can Forex Brokers Manipulate Price
Many forex traders often find themselves questioning whether online brokers have the ability to manipulate prices in the forex market.
8 Additional Arrests in JPEX Scandal, Fraud Total Tops $213M
JPEX Scandal Update: 8 New Arrests, $213M Fraud Total, and Cryptocurrency Shockwaves in Hong Kong. Get the latest on the ongoing investigation and regulatory changes in the crypto community.
Spot Forex Trading vs Spread Betting
When it comes to speculating on currency markets, two popular methods stand out: Spot forex trading and spread betting.