WikiFX report: Is EmpiresX scam or legit broker?
EmpiresX is an offshore broker that is not authorized in its region by any reputable regulatory organization. The broker can operate in many countries without being regulated by a reputable regulatory authority in that country, such as CySec, ASIC, FCA, CNMV, and so on. However, regulation cannot be the main grounds for labeling this broker a swindler. Many EmpiresX complaints and unfavorable Broker reviews, as well as other probable scam elements, could all be contributing factors. If you trade with EmpiresX, your money may not be safe.
WikiFX report: NovaTechFX Broker Review – How We Exposed NovaTechFX.com Trading Scam?
NovaTechFX claims to provide the lowest commissions and spreads in the Forex and crypto markets, as well as the finest trading experience. On the main page, we have a few of offices, but no regulations.
WikiFX report: Redimax Capital Falsely Claims to be Regulated by the DFSA
The Dubai Financial Services Authority (DFSA) is warning the financial services community and the general public about Redimax Capital's misleading statements (also known as REDIMAX CAPITAL or RediMax). On its website, Redimax Capital falsely claims to be a DFSA-regulated broker and provides a DFSA registration number, implying that it is licensed to provide "registered financial services in Dubai."
WikiFX report: ABInvesting Review
The broker provides very competitive trading conditions in a regulated atmosphere, which has quickly increased its attractiveness among aggressive traders. The main draw is the low spread, which starts at 0.7 pips (floating, EUR/USD), which is exceptional because the spread eats into your profits and is charged on each each trade. A low spread means more money stays in your pocket, which is definitely not a bad thing!
WikiFX report: ABinvesting Review – All The Truth About ABinvesting.com Broker
ABinvesting appears to be a typical offshore brokerage. We haven't noticed anything unique about the company that leads us to believe it is better or more legitimate than others.
Trendsmacro Review: Beware of trendsmacro.com! FCA scam warning!
Trendsmacro presents itself as a high-tech broker with excellent trading conditions, including spreads as low as zero, STP execution, and leverage as high as 1:400. All of this comes with a choice of four account types, a diverse range of trading instruments – including more than 50 currency pairs and several CFDs on indices, metals, energy commodities, stocks, and futures – and the famous MetaTrader4 platform.
Investor warning against TRENDSMACRO broker scam
The Austrian regulator FMA has issued a warning about the TRENDSMACRO broker scam (www.trendsmacro.com). Ascana Group Ltd, a Marshall Islands-based company, is purportedly the perpetrator of this shoddy white-label scheme. The good news for potential victims is that deposits can only be made once you have been unlocked, which means you have uploaded your documents. Under no circumstances should you do this. Scammers will utilize your personal information and documents, such as passports, proof of address, phone number, and email address, to commit identity theft.
How to Grow your Small Forex Account
Not every trader has the luxury of starting the trading journey with a big forex account. Does it mean that traders with a small trading account can grow their accounts? Yes, they absolutely can. Through the right risk management rules and good investment decisions, a small account can be turned to a bigger one.
Weekly News 2022/03/28-2022/04/01
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
(OP)inions It should be "ETH update
It should be "ETH update
WikiFX report: LeoPrime’s Third Quarter Trading Volume Increases by Over 200% to $5.2 Billion
LeoPrime is pleased to announce that during the first three quarters of 2018, the company's global forex trading volume increased by over 200 percent to US$5.2 billion, and the number of clients increased by over 4,100 percent, from 166 clients in 22 countries in Q1 to over 7080 clients in 138 countries by Q3.
WikiFX: Exclusive: Land-FX grows revenues but posts loss for 2019
Land-FX, a London-based firm that mostly serves Asian traders, increased its revenue from nearly $0 in 2018 (£65,000) to £470,000 in 2019. The net loss of the corporation decreased from £542,000 in 2018 to £165,000 last year. However, as previously said, the corporation still lost money.
Small business insurance with Crombie Lockwood
Brett Down, Regional Branch Director for Crombie Lockwood, guides us through some common questions about business insurance and the benefits of using a broker.
WikiFX report: Exclusive: Core Spreads revenues down 17% in 2019, launches Trade Nation
Finsa Europe Ltd, which owns Core Spreads, reported revenues of £6.8 million (USD $9.1 million) for the year ending November 30, 2019, down from £8.2 million the year before. Despite the sales reduction, the company managed to cut costs, resulting in a net profit of £1.2 million in 2019, up from £0.8 million in 2018.
WikiFX report: Core Spreads Review
Clients of Core Spreads get access to thousands of markets using two trading platforms: CoreTrader 2 and MetaTrader 4. Traders can trade forex in more than 30 of the most popular currency pairs, as well as gold, silver, and Brent crude oil, using Core Spreads' commodities choices, whether they want to trade CFDs or spread betting. Users can also trade shares from the United Kingdom, Europe, and the United States, as well as a variety of prominent indices.
WikiFX report: VideForex Review
There is no hard evidence that this broker is a con artist. However, their approaches are dubious, they are unregulated, and the whole thing feels gimmicky. The live cam support is the broker's biggest "feature": the first thing I noticed was a young woman running her fingers over her hair. Live!
WikiFX report: Is Videforex too good to be true?
Videforex is a brokerage firm that specializes in Forex and CFD trading. They claim to have more than 100 tradable assets. It is an Involva Corp offshore business that follows Marshall Islands legislation. They provide three different trading accounts (Bronze, Silver, and Gold) with a $250 minimum deposit and a maximum withdrawal processing time of one hour. Furthermore, all traders have a maximum leverage of 1:100, and you can trade through their web trading platform as well as their mobile apps for Android and iOS.
WikiFX report : Jiasheng International's foreign exchange was deceived, can the money be recovered？
Financial investment products in China are quite limited. Deposits, equities, money, and real estate are the only ones I'm familiar with. Futures, spot, foreign exchange, virtual digital currencies, and other highly specialized financial wealth management instruments may be unfamiliar.
WikiFX report: ProsperityFX review – Is prosperity4x.com scam or good forex broker?
ProsperityFX offers a good variety of trading instruments – over 55 currency pairs, 30 crypto CFDs as well as CFDs on commodities, indices and stocks, with leverage as high as 1:500 and the MetaTrader4 platform – the most popular trading solution on the market. Unfortunately ProsperityFX is not a regulated broker, which along with their offshore registration raises some serious questions about their credibility. Before depositing any funds with ProsperityFX be sure to read the following lines.
04/01 Market report
Dow Jones / EUR / GOLD / Crude Oil
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