The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.

Newspaper after newspaper, social media platforms after social media platforms, we often come across the term forex trading scam. It’s taking a vicious shape. Unknown profiles constantly jam your phones or social media accounts with luring messages of guaranteed and astonishing returns that you may not have heard of before. So, what many do? They click on the link and get into a dreamy, yet fake world that somehow appears much later. More so, in many cases, after the scam. The case of XPO.ru last year, where users were told to click on a link to start forex trading, led to the siphoning of as much as INR 3,100 crore, leaving affected investors and the authorities puzzling over the incident. While the XPO scam was a massive incident, there has not been a shortage of these incidents. The Internet is flooded with stories concerning forex scams of this nature. In this article, we take a close look at several such scams.
The European Central Bank also raised its inflation forecasts and cut its growth outlook.
The European Central Bank also raised its inflation forecasts and cut its growth outlook.

The confrontation between the United States and Iran intensified for a second consecutive day, raising fresh doubts over the stability of the already fragile ceasefire agreed earlier this year. Military strikes, missile launches and growing tensions around key shipping routes have pushed the Middle East closer to renewed large-scale conflict, while global oil markets reacted sharply.

South Korean authorities have dismantled a Cambodia-based investment fraud network accused of defrauding dozens of investors through a sophisticated stock trading scam that generated nearly 10 billion won in illicit proceeds.

Bybit currently holds a low WikiFX score of 2.45 due to an unregulated status and a severe pattern of withdrawal complaints. Indian traders face significant risk as numerous users complain about frozen accounts, missing deposits, and arbitrarily deducted profits.

EXNESS shows a high-risk profile in the available WikiFX data: a 1.57 score, no verified financial regulation, and 13 user complaints reported in the past three months. A Colombian exposure case also alleges trade manipulation, making this broker unsuitable for cautious traders without further verification.

IBKR VIP limited shows no verified financial regulation in the available WikiFX records, while users report frozen accounts, blocked withdrawals, and demands for extra payments before release. This is a high-risk warning for any Forex trader considering deposits.

FXVIEW has active regulation listed under CySEC and South Africa's FSCA, and its WikiFX score is 6.96, which suggests a mid-to-upper risk profile rather than a simple high-risk label. The main cautions come from high leverage, three listed Indonesian regulatory disclosures, limited login security features, and two trader exposure cases involving alleged missing funds, slow support, and website access trouble.

Achiever FX is an offshore broker based in Saint Lucia that operates without verified financial regulation. While limited user feedback includes positive remarks about platform features, the broker holds a very low WikiFX score of 1.98 and has been flagged by the Central Bank of Russia for irregular activity, presenting serious risk signals for Indian traders.

MAREX has a relatively high WikiFX Score of 8.31 and multiple active regulatory records, including FCA and Hong Kong SFC entries, but the profile also shows an unverified NFA-related status, one NFA sanction disclosure, and recent user complaints. The core risk level looks moderate rather than low: regulation exists, yet traders should check the latest certificate and complaint pattern before depositing.

Many beginners believe the market actively targets their small accounts when trades immediately reverse. This article breaks down the behavioral finance traps driving this illusion and explains how mechanical position sizing and crowd psychology analysis can protect your capital.

The U.S. dollar held steady near a two-month high while the Indian rupee faced pressure amid surging crude oil prices. A closure of the Strait of Hormuz drove Brent crude above $94, pushing U.S. headline inflation higher and keeping Asian currency markets cautious as traders reprice Federal Reserve rate expectations.

TRADE NATION holds strong regulatory licenses, including FCA and ASIC oversight, earning a high WikiFX score of 9.09. However, Indian traders should exercise caution regarding user complaints about restrictive platform mechanics, bonus withdrawal conditions, and canceled profits.

Many beginner Forex traders in India struggle with closing losing trades while rushing to secure small profits. This common behavior is driven by the sunk cost fallacy and loss aversion, where the psychological pain of taking a loss overrides rational decision-making. By understanding market sentiment and setting strict logical limits, beginners can train themselves to cut losses and hold winning trades effectively.

RaiseFX is a forex broker established in 2021 with a WikiFX Score of 2.24. The broker has one FSCA license marked as regulated, another FSCA-related record marked unverified, and three regulatory disclosures from CNMV and AMF, making its overall safety profile high-risk despite MT5 platform availability.

Stockity is a Vanuatu-regulated broker established in 2022 with a WikiFX Score of 3.41. While it holds an offshore VFSC license, recent user complaints about withdrawals, platform fairness, and Stockity login access raise notable risk concerns.
The record fine comes after around 37.5 million users had their private data exposed.

Spain’s CNMV considers spot-quoted futures, perpetual futures and similar retail products as CFDs, bringing them under Spanish leverage, advertising and sales restrictions.