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Ventezo Obtained FSA Seychelles License
Ventezo recently obtained a license from an esteemed regulator, the Financial Services Authority (FSA) Seychelles.
USD/INR Forecast October 2024
As we enter October 2024, according to the report, the USD/INR exchange rate opens at 83.63 Rupees and is projected to close the month at 83.82, reflecting a modest change of 0.2%. This forecast suggests a relatively stable outlook for the currency pair, with the potential for both upward and downward movements during the month.
Decent Forex Brokers offering bonus in October 2024
As traders look for ways to maximize their investment potential, Forex brokers are stepping up with enticing bonuses this October. Here’s a look at some of the decent Forex brokers offering attractive promotions this month.
GIM, Something You Need to Know About This Broker
GIM, a broker registered in New Zealand, claims to offer trading services with a trading experience of 5-10 years. However, a deeper analysis reveals a plethora of red flags that potential investors should be wary of before committing their funds.
Citigroup Fined $1.4M by FINRA for OTC Margin Violations
Citigroup Global Markets fined $1.4M for violating FINRA's rules on OTC margin collection, emphasizing the need for regulatory compliance in financial reporting and securities.
U.S. Authorities to Seize $2.67 Million in Crypto Linked to North Korean Hacks
The U.S. government is moving to seize approximately $2.67 million in cryptocurrency connected to two major cyberattacks orchestrated by the notorious Lazarus Group, believed to be backed by North Korean hackers.
UAE Exempts Crypto Transactions from VAT
The United Arab Emirates (UAE) has introduced a significant regulatory change by exempting all cryptocurrency transactions from value-added tax (VAT), positioning digital assets on par with traditional financial services. This new tax exemption, which takes effect on 15th November 2024.
FTX Bankruptcy Plan Approved: Creditors Set to Receive Payouts
A U.S. bankruptcy court has given the green light to FTX’s reorganization plan, signalling the end of the two-year legal process following the cryptocurrency exchange's collapse in late 2022 amid widespread fraud allegations. This decision sets the stage for the distribution of funds to the company’s creditors.
How Market Makers Set Bid-Ask Spreads?
Discover how market makers set bid-ask spreads, the factors affecting spread fluctuations, and how liquidity and volatility play key roles in shaping trading dynamics.
Join! Octa's October MT4 Demo Contest
If you want to demonstrate your skills and techniques and compete on a global scale. You may participate in the Octa-Champion MT4 Demo Contest, which will begin on October 21, 2024. Registration for the contest gets announced before it begins.
ACY Securities Eliminates Fees for Cryptocurrency Deposits
ACY Securities eliminates cryptocurrency deposit fees, offering zero-fee deposits for traders. The update improves cost-effective trading with crypto deposits.
Win US$ 8,000! with Tickmill IB GRAND PRIX
Are you looking for a trading competition with a reliable broker? If yes, you can join the Tickmill IB Grand Prix with a chance to win a share of $125,000 in cash prizes divided among five circuits. The contest began on October 1, 2024, and will run until July 1, 2025. The contest is available to all Tickmill IBs, both current and new.
How to Buy Bitcoin on eToro in 2024
Learn how to buy Bitcoin on eToro in 2024, including easy steps for new investors, fees, and tips for seamless Bitcoin investing using eToro.
eToro Launched Price Alert Feature on its Platform
A reputable broker, eToro, updates or adds its features more often for its users. Recently, the broker added a new feature on its platform called price alert. This feature will allow traders to set up many prices.
Malaysian Man Loses RM124,000 in Social Media Investment Scam
A 47-year-old Malaysian man fell victim to an investment scam, losing RM124,000 after being misled by a fraudulent scheme promoted on social media. The scheme, advertised on Facebook, promised high returns through an application called L-Trader, which the man was led to believe could generate millions in profits.
Bybit Launches USDT Indices Trading on MetaTrader 5
Bybit launches USDT indices trading on MetaTrader 5, enabling global market access and enhancing trading opportunities for cryptocurrency traders worldwide.
Fake Facebook Investment Scheme Costs Malaysian Man RM400K
A 60-year-old man from Johor became the latest victim of a fraudulent investment scheme, losing RM406,654 after being lured into what was advertised as a high-return opportunity on Facebook. The scheme, which promised a 10% interest return on invested capital within three months, proved to be a sophisticated scam that left the victim financially devastated.
Retiree Loses Over RM160K in Online Investment Scam After Withdrawing EPF Savings
A retiree from Pahang (Malaysia), lost RM163,300 to an online investment scam after withdrawing his Employees' Provident Fund (EPF) savings and selling his unit trust investments in pursuit of larger returns.
OKX Lists PayPal USD (PYUSD) for Spot Trading
OKX lists PayPal USD (PYUSD) for spot trading, offering secure and stable trading. Deposits, call auctions, and PYUSD/USDT trading start on October 3, 2024.
Checkout the List of 25+ Unauthorised Websites & Firms
There are about 25 unlicensed websites are operating in the forex market. They are looking to steal your money. Their next target might be you. If you pay attention to the warning issued by esteemed regulators. You can protect your money and avoid scams. Recently, Italy CONSOB officially released a list of unauthorized entities.
Latest News
BSP Shuts Down Uno Forex Over Serious AML Violations
WikiFXACY Securities Expands Global Footprint with South Africa Acquisition
WikiFXTokyo Police Arrest 4 for Unregistered FX Trading Scheme
WikiFXRupee gains against Euro
WikiFXWikiEXPO Global Expert Interview: The Future of Financial Regulation and Compliance
WikiFXDFSA Warns of Fake Loan Approval Scam Using Its Logo
WikiFXConsob Sounds Alarm: WhatsApp & Telegram Users Vulnerable to Investment Scams
WikiFXCySEC Revokes UFX Broker Licence as Reliantco Halts Global Operations
WikiFXBitcoin ETF Options Get Closer to Reality with CFTC Clarification
WikiFXUS Regulators Tighten Oversight on Bank Anti-Money Laundering Efforts
WikiFX