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Banxso’s License Suspended by South African Regulator Amid Client Risk Concerns
South Africa’s Financial Sector Conduct Authority (FSCA) has suspended the license of the online trading platform, Banxso.
FINRA Fines Investment Network and CEO for Misconduct in Pre-IPO Offerings
The Financial Industry Regulatory Authority (FINRA) has imposed significant fines on Investment Network, Inc. (INI) and its CEO, Gary L. Arnold, for a series of regulatory violations connected to the sale of pre-initial public offering (pre-IPO) funds between October 2020 and May 2021.
XM US ELECTION PROMOTION
XM, a well-known forex broker, is giving a special Unlimited Cashback campaign throughout the US election. The broker stated Earn $250 cashback on every 50 lots you trade with XM*—during US election volatility and beyond—plus a 100% deposit bonus of up to $500! The promotion launched on October 8 and will run until November 30, 2024. This "promotion" is not available for the clients of Honduras, Malawi, Lebanon, Denmark, or Uzbekistan.
$360 Million International Pig-Butchering Scam Busted in Hong Kong
Hong Kong’s law enforcement has successfully dismantled a large-scale pig-butchering scam operation, which had amassed HK$360 million through fraudulent online schemes within the span of a year.
XM Launches US Election Mega Competition with $100,000 in Prizes
Join XM's US Election Mega Competition from Oct 31 to Nov 14, 2024, for a chance to win a share of $100,000 in cash prizes by trading election market volatility.
Interstellar Group - Featured Broker in WikiFX SkyLine Guide
In the rapidly evolving forex industry, WikiFX, as a leading global third-party information service platform, is dedicated to providing investors with the most reliable information services. To cater to the localized and personalized needs of investors in different regions, WikiFX has launched the SkyLine Guide, which first selected 25 outstanding brokers in Thailand. Additionally, WikiFX will release a series of related reports, with this article focusing on one of the featured brokers — Interstellar Group.
Robinhood Rolls Out Bitcoin and Ether Futures, New Trading Tools
Robinhood expands into crypto futures, offering Bitcoin and Ether derivatives with advanced tools for active traders, targeting U.S. and EU markets amid regulatory challenges.
Extradition Decision for Terraform Labs Co-Founder Do Kwon Nears
The legal proceedings surrounding Do Kwon, co-founder of Terraform Labs, are approaching a pivotal moment. According to reports from Montenegrin local media, the process of determining Kwon's extradition destination is in its final stages, with a decision anticipated by Sunday, October 19, 2024.
Binance Assists Delhi Police in the Recovery of 100,000 USDT from an Investment Scam
The Delhi Police, in collaboration with cryptocurrency exchange Binance, successfully dismantled a large-scale renewable energy scam orchestrated by M/s Goldcoat Solar. The operation led to multiple arrests and the recovery of over 100,000 USDT in digital assets.
Hong Kong Police Crack Down on $360M Romance Crypto Scam
Hong Kong police arrested 27 in a HK$360M crypto romance scam, exposing global fraud. Operation Secret Word is a major step in fighting cryptocurrency crime.
Victim Loses £165K in APP Scam Despite Revolut Security Features
£165K stolen in an authorized push payment (APP) scam from a Revolut account in under an hour, highlighting concerns in digital banking security and fraud protection.
FxPro US Election Special Offer
Grab this special offer before it's too late. The CFD and Forex Broker, FX PRO is offering a thrilling chance to win $1,000,000 during the US election.
Using Candlestick Patterns for Trading Signals
Candlestick patterns are a popular tool for forex traders to predict price movements. They provide visual cues about market trends and help generate trading signals. In this article, we will explore key candlestick patterns and how they can be used effectively in trading.
Scalping vs. Swing Trading: Which Strategy Suits You?
Success often hinges on finding the right strategy that matches your personality, risk tolerance, and financial goals. Two popular approaches—scalping and swing trading—represent opposite ends of the trading spectrum.
CFI Opens its Third Office in Sharjah, UAE
CFI, a leading forex broker, has announced the opening of its third office in Sharjah, United Arab Emirates (UAE). CFI UAE holds a Category One license from the UAE Securities and Commodities Authority (SCA).
Alleged Hong Kong Crypto Swindler Su Weiyi Faces Fraud Charges
Su Weiyi, the alleged mastermind of Atom Asset Exchange, faces charges of theft in Hong Kong after the platform’s collapse. The case uncovers links to Southeast Asian crime syndicates.
Moomoo Malaysia Paves the Way for Malaysian Investors in Hong Kong and China Markets
Moomoo Securities Malaysia Sdn Bhd (Moomoo Malaysia) has broadened its platform by offering direct access to the Hong Kong Stock Exchange (HKEX) and China A-Shares, which include the Shanghai and Shenzhen stock exchanges.
Interactive Brokers Opens New Office in Dubai DIFC
Interactive Brokers opens a new office in Dubai DIFC, offering advanced global trading platforms to investors in the Middle East, and enhancing access to international financial markets.
WikiFX Review: Something You Need to Know about Hyperion Markets
Hyperion Markets is a US-registered forex broker recently attracting attention in the trading community. Despite its presence in the market, WikiFX has rated Hyperion Markets with a low score of 1.20/10. This article delves into the details of Hyperion Markets, including its regulatory status, account types, trading platforms, and limitations.
The Smart Trading Strategies for Volatile Markets
Volatility is an inherent part of forex trading, and it can present both challenges and opportunities for traders. During periods of high volatility, price movements become unpredictable and often swing dramatically in either direction.
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