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HYCM is an online broker offering a wide variety of market instruments. WikiFX reviewed HYCM a few years ago. However, we wonder if this broker is still reliable in 2024 and the coming 2025. WikiFX has made a comprehension review of this broker to help you better understand the truth.
The forex market in the Philippines has seen significant growth over the past few years, with a wide range of international and local brokers offering their services to Filipino traders.
XTB, a UK-registered online forex and CFD broker recently secured licenses in, Indonesia and the United Arab Emirates (UAE). Omar Arnaout, CEO of XTB, said“This license brings us significantly closer to launching our operations in Indonesia,”
As 2024 draws to a close, the financial landscape remains fraught with deceptive practices and fraudulent brokers. WikiFX, a trusted broker regulatory query platform, has compiled a list of the 10 blacklisted brokers for December. These entities have earned their spot due to violations such as being unregulated, engaging in scamming activities, or forbidding client withdrawals. Here's a closer look at the brokers to avoid at all costs.
As of December 30, 2024, the US Dollar Index is hovering around a relatively high level of 108. So, can the Dollar Index continue to rise in 2025? Overall, there is still a possibility for the dollar to appreciate, but it also faces several uncertain factors that could affect its trajectory.
Gold is poised for significant gains in 2025, with experts predicting its price to climb between US$2,900 and US$3,000 per ounce or potentially higher. Analysts attribute this optimistic outlook to sustained gold purchases by central banks, ongoing geopolitical tensions, declining global interest rates, and persistent economic uncertainties. These factors, coupled with gold’s status as a hedge against inflation, underline the precious metal’s appeal in volatile times.
In the era of rapid changes in financial innovation and regulation, WikiGlobal, as the organizer of WikiEXPO, has always been at the forefront of the industry, capturing key topics with keen insight and presenting deep thinking and forward-looking perspectives to the industry through a series of unique interviews. This time, we are honored to invite Ms. Loretta Joseph, an authoritative expert in the field of financial technology, as the guest of this interview to deeply explore the hot topics of digital finance and reveal new trends in industry development.
Vietnamese police uncover $1.2M crypto fraud; government combats rising crypto crimes with stricter regulations and enforcement.
As technology advances, scammers get smarter too. They are finding new ways to trick people. One new method they are using is called SCAM ON SCAM. It’s important to learn about this technique so you can stay aware and protect yourself.
Taurex is a prominent brokerage regulated by the FCA. The company offers a wide assortment of over 1,000 trading assets, including Forex, cryptos, shares, indices, metals, and commodities, aimed at addressing traders' varied interests.
The Securities Commission Malaysia (SC) has taken enforcement action against cryptocurrency exchange Bybit Technology Ltd.
The Malaysian ringgit began the week steady against the US dollar, showing little movement due to a lack of market catalysts during the holiday-shortened trading week.
A software engineer filed a complaint against the culprit with Indore police, India, after losing 1.35 lakh due to cyber fraud.
Japan faces yen depreciation due to interest rate gaps; officials plan measures to stabilize forex market volatility.
Looking back at the past year, Whether it’s checking the credibility of brokers or browsing the latest forex news, WikiFX has become your indispensable and reliable assistant.
Will inflation slow down in 2025? Experts weigh in on projections, economic policies, and potential impacts, offering insights into what the new year may hold.
The Financial Markets Authority (FMA), New Zealand's financial regulator, warns individuals against investment scams that use YouTube channels to promote fraudulent cryptocurrency investment firms/websites. The authority explained on its official website how the YouTube cryptocurrency scam works, providing a step-by-step guide to help people recognize and avoid it. Read HOW THE SCAM WORKS and BE SAFE.
Every trader dreams of quick success, but rushing the process often leads to mistakes. It’s easy to get swept up in the excitement of winning trades or discouraged by unexpected losses. The truth is, mastering the emotional side of trading can be even more important than understanding market analysis or strategies.
Established in 2010, MACRO MARKETS stands as a regulated brokerage firm registered in Seychelles. It operates within a framework of strong regulation, providing five classes of trading instruments spanning Forex, Commodities, Indices, and Share CFDs through the MT4 and Web Terminal trading platforms.
Recently, The Income Tax Department raided 20 wedding planners in Jaipur, India, seizing Rs. 20 crores in cash and jewelry. The department stated that they used scanners to convert payments into cryptocurrency.