The company terminated its services last year, and its CIF license was also withdrawn.
The Investors Compensation Fund (ICF) has withdrawn Coverdeal Holdings Ltd's membership in the ICF, which includes brands like Coverdeal FX, according to the Cyprus Securities and Exchange Commission (CySEC).
In principle, the exit of CySEC-regulated investment firms (CIF) is good news for European investors. Many of them help scam brokers or run frauds through offshore firms, all while pretending to be legitimate by using the CySEC CIF license. Although not all CySEC CIFs are scammers, a significant number of them are. In this regard, the withdrawal of CySEC companies is good news for investor protection. Coverdeal Holdings Limited has done so, surrendering its CIF license 231/14 and ceasing operations.
Recently, Brokersview learned that a Japanese customer has been involved in a forex withdrawal scam operated by BTCUSDT Investment Limited.
Scotia iTRADE announced Canada’s first sustainable investing tools for direct investors. The new tools provide detailed environmental, social and governance (ESG) data, which looks at individual companies’ corporate practices.
The habits of successful forex traders are what make them successful. The daily attitude and trading decisions are actually what drive the success of an investment. It’s not all about what you know, it’s about how you execute. The way your knowledge is being reflected in your trading attitude is what makes you a successful trader. Remember that you have the ability to control your own behavior, even if you can not control the market.
How much money do I need to start forex trading? It is a frequently asked question by forex beginners. The forex market is the most accessible market in the world, and it fits different trading abilities. With an initial capital as low as $50, or less, anyone can easily start forex trading. But first, let's have a quick on how forex trading works.
In today’s hyper-digitalized world, if you’re wondering how to supplement your paycheck by creating passive income streams online, or perhaps you’re curious about how to make money online without creating your own product, Forex affiliate marketing could be a great option for you. The affiliate marketing industry is gaining traction across a wide range of industries. In fact, affiliate marketing now surpasses 16 billion dollars and is a $6.8 billion dollar industry in the U.S. alone.
The U.S. CPI in April recorded a year-on-year increase of 8.3%, and the market is betting that the Fed will raise interest rates by 70bps rate in June
U.S. CPI exceeds expectations, three major U.S. stock index futures dive
Central banks would implement gold revaluation (not monetization, where gold is redeemable in exchange for paper script as a monetary medium) — perhaps first the US Federal Reserve, then others...
Profits in CFD trading aren't always easy to come by, and those that do will almost certainly pale in comparison to those that don't go as planned.
Global markets have been substantially risk-off since the Bank of England (BOE) highlighted concerns about double-digit inflation and the resulting economic issues on Thursday.
The US dollar stabilizes amid mixed fears and nervousness ahead of the BOE, as you may have noticed considerable selling pressure the previous day, mostly spurred by Fed Chair Powell's comments.
Gold hits three-month low as Fed officials release hawkish signals
Several Fed officials released hawkish signals, focusing on the US CPI in the evening.
AI trading and copy trading are two of the most revolutionary and profitable trading techniques nowadays. Artificial intelligence (AI) and advanced technologies have reshaped the world of investment in the past few years. Trading has been made easier and financial markets entice new investors every day. Not only for beginners, AI helps traders to overcome many trading obstacles and have more profitable investments.
The market takes a breather as predicted
Many factors influence how much money people make in forex trading, including their trading method, trading style, amount of capital invested, trading frequency, and risk tolerance.
The IMF cautioned on Tuesday that the global economy is entering an inflationary period, urging central banks to be "very, very vigilant" and take early steps to tighten monetary policy if price pressures persist.