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A 46-year-old businessman from Mumbai, India, fell into a honey trap and lost Rs. 4.16 crore. He falls victim to this fraud through two women who met him on two different dating apps. Their names are Anita and Shrika. They encouraged the businessman to invest in foreign exchange and cryptocurrency. They lured him by offering large profits.
ASIC mandates immediate cessation of margin discounts by CFD brokers in Australia, emphasizing compliance with CFD PIO regulations to protect retail clients.
FAKE BROKERS EXPOSED! The UK’s Regulator Financial Conduct Authority (FCA) exposed four unlicensed brokers, making people fools and selling their services. The authority shared the relevant details of the unauthorised brokers.
Bybit advances in Dubai with a provisional license from VARA, moving closer to becoming a fully licensed Virtual Asset Service Provider (VASP) in the city.
Vantage Markets introduces enhanced copy trading with 10 personalized strategies, offering traders more flexibility and control in a multi-asset trading environment.
Discover effective strategies to recover your money from online scams. Learn how to protect yourself and get back what's rightfully yours.
While it seems like a no-brainer to opt for a broker with regulatory oversight, many traders are still drawn to unregulated brokers. The question is: why do some traders take the risk?
FP Markets wins ‘Best Value Broker’ at the Global Forex Awards, solidifying its reputation as a leader in Forex and CFD trading across Australia, Europe, and Asia.
ATFX opens a new office in Sydney, expanding its global reach and launching NDF trading services to better serve institutional clients in Asia-Pacific and LATAM regions.
IronFX enhances its PMAM platform with advanced allocation features, simplifying forex account management for professional traders and money managers worldwide.
TMGM expanded its collaboration with Chelsea Football Club by organizing an exclusive VIP event at the club's world-class Cobham Training Centre.
Pay attention! It's a warning from the UK's Financial Conduct Authority (FCA) for all investors and traders. To be vigilant and avoid dealing with unlicensed brokers. The authority provided necessary details about the two illegal brokers below.
The most common types of broker are ECN (Electronic Communication Network) and STP (Straight Through Processing). Both offer unique advantages, but which is better? In this article, we’ll explore the differences between these two broker types and their benefits, helping traders make an informed decision.
Discover the key factors to follow for a high forex win rate, including strategies, consistency tips, and essential forex factors for beginner and intermediate traders.
On 11 September 2024, City & Merchant Limited, a firm previously authorized by the Financial Conduct Authority (FCA), officially entered liquidation.
Tottenham Hotspur FC has announced an exciting new partnership with AIMS, an offshore retail FX broker, designating them as the Club’s Official Online Trading Partner.
The Chainalysis report has analyzed the rules and activities regarding cryptocurrency in 151 countries. The report shows that from June 2023 to July 2024, India led the world in the use of centralized exchanges and decentralized financial assets.
If you are planning to invest in WavFx, pay attention! An Indian user complaint recently against WavFx regarding being unable to withdraw. However, as an investor, you must be cautious about where you invest your money. You should also be conscious of the customer's feedback.
The U.S. calls for Nigeria to release detained Binance employee Tigran Gambaryan, citing health concerns, as tensions rise in diplomatic relations.
Gerchik & Co, an international brokerage firm led by experienced Wall Street trader Alexander Gerchik, has unveiled a new proprietary trading program that offers traders the opportunity to manage up to $100,000 in company funds.