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Beginner 101: WikiFX’s Guide on How to Choose the Right Broker
For new traders entering the world of forex, choosing the right broker is one of the most crucial decisions they’ll make. A reliable broker can serve as a trusted partner, providing a platform that’s secure, transparent, and regulated. However, with thousands of options available, selecting the right broker can be overwhelming. That is why WikiFX is here to make things easy for you!
Octa partnered with "Keeping it Real" Foundation to help Nigerian women
Octa, a well-known broker, partnered with the Keeping It Real Foundation (KIR) to help Nigerian women improve their business skills in celebration of their 13th anniversary.
Trading is Not Gambling—Unless You Make It So
In the world of online trading, a common misconception persists: trading is often seen as no different from gambling. This belief is particularly prevalent among newcomers, who may view the financial markets as a fast-paced game where winning is just a matter of luck. But trading, when done correctly, is far from mere chance!
JPMorgan Expands Rapid Forex Settlements with JPM Coin Blockchain
JPMorgan to offer instant USD/EUR settlements via JPM Coin, with plans to include GBP. Blockchain tech aims to streamline forex for fintech firms.
Polish Financial Regulator Issues Warning on Crypto.com
The Polish Financial Supervision Authority (KNF) has recently issued a cautionary warning regarding Foris DAX MT, the Malta-based entity operating under the Crypto.com brand
FCA Convicts 2 Individuals from CCX Capital & Astaria Group in £1.5M Crypto Scam
The Financial Conduct Authority (FCA) recently secured convictions against Raymondip Bedi and Patrick Mavanga, from CCX Capital and Astaria Group respectively, for orchestrating a £1.5 million investment fraud that affected over 65 investors between February 2017 and June 2019.
Saxo Singapore Discontinues SaxoWealthCare and SaxoSelect
Saxo Singapore will discontinue SaxoWealthCare and SaxoSelect by December 2024, advising clients to withdraw funds and offering alternative investment options.
FINRA Imposes $115,000 Fine on Spartan Capital Securities Over Compliance Failures
Spartan Capital Securities, LLC, a brokerage firm, has agreed to a settlement with the Financial Industry Regulatory Authority (FINRA), which includes a fine of $115,000, a censure, and the requirement to retain an independent consultant.
SEC Seeks to Dismiss Kraken's Defenses in Legal Case
The SEC intensifies legal action against Kraken, arguing the exchange operates as an unregistered securities platform. Kraken fights back with multiple defenses.
India's Ola Electric's Q2 loss narrows, says most service issues 'minor'
CompaniesOla Electric Mobility Ltd Follow SoftBank Group Corp Follow Nov 8 (Reuters) - Ola Electri
Naga Group Appoints Mike Tyson as its Brand Ambassador
NAGA collaborated with boxer Mike Tyson for its campaign "NAGA: Your Go-To App for Everything Money." Mike Tyson filmed a promotional video with the broker.
Ambani's Reliance lobbies for India satellite spectrum auction in new clash with Musk's Starlink
CompaniesAmbani Orgochem Ltd Follow Bharti Airtel Ltd Follow Mukesh Ambani Follow Show more companie
Caroline Ellison Begins Two-Year Sentence for FTX Scandal
Caroline Ellison, former CEO of Alameda Research, begins a two-year prison sentence for her role in the FTX fraud, following her guilty plea and testimony.
TradingView Expands to Include Irish Stocks from Euronext Dublin
TradingView adds Irish stocks from Euronext Dublin, broadening access to 30 companies, including Ryanair and Kerry Group.
After Trump's win, Advisors cautioned Indian firms to be wary of forex risks
The people of the United States made the decision. Donald Trump, the Republican Party candidate, is now the 47th President of the United States. But Trump's victory has some negative consequences.
Daman Markets collaborates with Dubai Racing Club
UAE-based, Retail broker Daman Markets, which is a branch of the brokerage firm Daman Securities announced its partnership with the DRC for the 2024 – 2025 season.
CySEC Extends Suspension of CIF License for FTX (EU) Ltd Until May 2025
The Cyprus Securities and Exchange Commission (CySEC) has announced an extension to the suspension of the Cyprus Investment Firm (CIF) license held by FTX (EU) Ltd. This decision follows a series of prior announcements from CySEC dating back to November 2022 and most recently updated on April 16, 2024
Will Trump's reelection drive more market growth?
According to the report, U.S. markets celebrated Wednesday as stocks rocketed upward following the decisive victory of former President Donald Trump in Tuesday’s presidential election. Investors were quick to respond, with the Dow Jones Industrial Average skyrocketing by 1,507 points, or 3.57%, to reach a record high—marking the first time the index has gained more than 1,000 points in a single day since November 2022. Similarly, the S&P 500 surged by 2.5%, and the Nasdaq climbed 2.95%, bringing all three major indexes to fresh highs.
Do You Really Know Your Trading Game?
This article challenges traders to examine whether their actions are driven by emotions or disciplined strategy, emphasizing the importance of planned risk management over impulsive, adrenaline-fueled decisions for sustainable success.
Tether Surpasses $7.7 Billion Profit and $102.5 Billion in Treasuries
Tether hits record $7.7 billion in 2024 profits, $102.5 billion in U.S. Treasury holdings, and grows USD₮ circulation to nearly $120 billion in Q3 report.