FCA-Regulated Forex Brokers Are Declining — 31 Platforms to Avoid
As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.
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WikiFX Announcement: Suspension of Weekly Simulated Trading Competition
Abstract：Since its launch in early 2023, the WikiFX Weekly Simulated Trading Competition has successfully hosted 99 consecutive rounds, attracting enthusiastic participation from traders worldwide and creating countless thrilling trading moments.
To Our Valued Users,
Since its launch in early 2023, the WikiFX Weekly Simulated Trading Competition has successfully hosted 99 consecutive rounds, attracting enthusiastic participation from traders worldwide and creating countless thrilling trading moments.
To further enhance the competition experience and explore more diverse formats, we have decided to temporarily pause the traditional weekly competition model following thorough deliberation.
In the future, WikiFX will introduce more dynamic and engaging simulated trading events, offering traders a more professional and innovative platform to showcase their skills.
Stay tuned for exciting updates! We sincerely appreciate your continued support and participation.
Best regards,
WikiFX Team
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Further Reading
Investigating BotBro - The Mastermind of Alleged INR 800 Crore Forex & Crypto Trading Scam
BotBro is a Dubai-based forex broker that has continued to grab headlines for years, with its name being involved in one scam after another. In the latest episode, its name was found in the alleged INR 800 crore forex and crypto trading scam in Goa. Top-level agencies, including the Enforcement Directorate (ED), are investigating the case. They have labeled the platform as a Ponzi scheme. The platform is disguised as an AI-powered forex trading app. In connection with this case, the Goa Police Economic Offences Cell (EOC) filed a First Information Report (FIR) against 10 individuals, including the company owner, Lavish Chaudhary Alias Nawab Ali, for fund misappropriation worth over INR 7.3 crore. Read on as we share the BotBro review in this article.
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Good News for Rupee Derivative Traders as RBI Lifts Curbs on Banks
In what would lift the mood of rupee derivative traders, the Reserve Bank of India (RBI) partially lifted some restrictions on rupee derivative trades imposed by the regulator on April 1, 2026. On this day, the central bank prevented banks from issuing non-deliverable forwards to clients and barred companies from reassessing forward contracts as part of its strategy to counter arbitrage trades, which caused fluctuations in the rupee’s exchange rate. The central bank further prevented banks from signing FX derivative contracts involving the rupee with their associated parties. Read on!
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Exclusive Interview WikiFX April: Trader Becomes Victim of Alleged Forex Broker SixFX
Overview: A comprehensive investigation into the alleged scam case involving forex broker SixFX (Six Global Markets Ltd) in Indonesia. Explore an exclusive interview with an Indonesian victim, WikiFX’s review, and the latest user complaint evidence from 2026.
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