Role of Central Banks in the FX Market

Many factors influence the foreign exchange market. The central banks of any country are one of the most significant factors that can't be ignored. They play an important role in this dynamic and complex market. In this article, we will understand the crucial role of central banks in the foreign exchange market.

News 2024-11-22 18:12

Coinbase Under Scrutiny Amid Wrapped Bitcoin Delisting Controversy

Coinbase has come under fire after announcing its decision to delist Wrapped Bitcoin (wBTC), a move critics claim could be driven by competitive interests. The delisting, set to take effect on 19 December, has sparked allegations of market manipulation and concerns about fairness in the cryptocurrency ecosystem.

News 2024-11-22 17:54

Solana Soars to All-Time High, Hits $264 on Coinbase

Solana hits $264 on Coinbase, breaking its 3-year high with an 11% daily surge. Learn what’s driving SOL's meteoric rise and the crypto market rally.

News 2024-11-22 17:09

FCA Identifies Clone Firm Exploiting Admiral Markets' Credibility

The UK Financial Conduct Authority (FCA) has issued a public warning regarding a fraudulent entity impersonating Admiral Markets, a legitimate and authorised trading firm. The clone firm, operating under the name Admiral EU Brokers and the domain Admiraleubrokerz.com, has been falsely presenting itself as an FCA-authorised business.

News 2024-11-22 16:51

Malaysian Man Loses RM113,000 in Foreign Currency Investment Scam

A 57-year-old Malaysian man recently fell victim to a fraudulent foreign currency investment scheme, losing RM113,000 in the process. The case was reported to the Commercial Crime Investigation Division in Batu Pahat, which is now investigating the incident.

News 2024-11-22 16:39

Mastercard Partners with JPMorgan for B2B Cross-Border Payments

Mastercard and JPMorgan's Kinexys Digital Payments join forces to enhance B2B cross-border payments, promising faster settlements and greater transparency.

News 2024-11-22 16:25

Bitcoin Nears $100,000: A Triumph of Optimism or a Warning Sign?

Bitcoin’s meteoric rise continues to capture global attention as its price recently surpassed the $99,000 mark, briefly approaching the $100,000 milestone. This unprecedented rally has led market sentiment to reach a state of “extreme greed,” according to the Fear and Greed Index. Analysts suggest that the market may be entering overheated territory, raising questions about sustainability amidst ongoing enthusiasm.

News 2024-11-22 15:56

Broker Review: What is FXTM exactly? Is FXTM a Scam?

FXTM is a global forex broker founded in 2011. In today’s article, we are going to show you what FXTM looks like in 2024.

News 2024-11-22 15:41

FCA Alerts Traders to New List of Unregulated and Clone Brokers

Protect your investments! Learn about unregulated firms flagged by the FCA and discover how WikiFX helps traders avoid scams and choose legitimate brokers.

News 2024-11-22 15:33

Hackers Charged for $11M Crypto Theft Using SIM-Swaps

Hackers charged for stealing $11M in crypto using SIM swaps and phishing. Discover how the Scattered Spider group exploited security flaws to target victims.

News 2024-11-22 13:37

IC Markets renews its collaboration with WTT

IC Markets Global, a leading broker, confirmed its partnership with World Table Tennis (WTT) and became the official CFD trading partner for the 2024-2025 season.

News 2024-11-21 19:36

The Funded Trader: Reactivates Accounts with Revised Payout Structure

Proprietary trading firm The Funded Trader has detailed its financial recovery efforts following a turbulent period marked by an unsustainable payout model. Addressing these challenges publicly, the firm outlined the steps being taken to resolve outstanding obligations and ensure operational sustainability.

News 2024-11-21 18:33

Doo Group Broadens Global Footprint with Indonesian Broker Acquisition

Doo Group has announced its acquisition of PT Prima Tangguharta Futures, a Jakarta-based broker specialising in online derivatives trading. This move represents a significant step in Doo Group's regional expansion strategy and reinforces its growing presence in Southeast Asia.

News 2024-11-21 17:46

Google Warns of New Deepfake Scams and Crypto Fraud

Google exposes deepfake scams, crypto fraud, and app cloning trends. Learn how to spot these threats and safeguard your data with expert tips and advice.

News 2024-11-21 17:14

Why Is UK Inflation Rising Again Despite Recent Lows?

October inflation rises to 2.3%, driven by energy costs. Renters face 8% annual hikes, while house price inflation climbs. Interest rates stay elevated.

News 2024-11-21 16:04

US SEC Accuses Indian businessman Gautam Adani

The Securities and Exchange Commission (SEC) charged Gautam Adani and Sagar Adani, officials of Adani Green Energy Ltd., and Cyril Cabanes, an executive of Azure Power Global Ltd., allegedly being involved in a large-scale bribery conspiracy.

News 2024-11-21 15:59

Webull Partners with Coinbase to Offer Crypto Futures

Webull partners with Coinbase Derivatives to offer crypto futures, providing US investors access to Bitcoin and Ethereum contracts with lower entry barriers.

News 2024-11-21 15:30

Find Regulated Brokers from A to Z on WikiFX

The foreign exchange market is an ocean of authorized and unauthorized brokers. You can choose any broker who meets your needs. However, finding legitimate ones is an actual challenge. In this article, we'll tell you about the 26 regulated brokers, starting from A to Z.

News 2024-11-21 14:59

eToro Expands Nationwide Access with New York Launch

eToro launches in New York, offering fractional stock, ETF, and options trading nationwide. Discover innovative features like copy trading and free education.

News 2024-11-21 14:48

Interactive Brokers Launches Tax-Friendly PEA Accounts in France

Interactive Brokers introduces tax-advantaged PEA accounts, offering French clients low-cost access to European stocks and ETFs for diversified savings.

News 2024-11-21 14:15