WikiFX report: FSCA warns the public against Global TradeATF/Bayline Trading Ltd

The Financial Sector Conduct Authority (FSCA) advises the public to exercise caution when dealing with Global TradeATF/Bayline Trading Ltd in any financial services transaction (Global TradeATF). This company is suspected of giving unlicensed financial advice and acting as a middleman.

News 2022-04-22 15:18

WWikiFX report: Consob Blocks TradeATF Domain on Non-Compliance with Ban Order

Consob has banned Hoch Capital back in December 2019 after the Limassol-based broker repeated its violations.

News 2022-04-22 15:15

WikiFX report: PARENT COMPANIES OF 24OPTION, ITRADER AND TRADEATF SEEK TO DITCH CYPRIOT LICENSES

CySEC confirms that it has been informed by Rodeler and Hoch Capital of their intentions to renounce their CIF authorizations.

News 2022-04-22 15:14

WikiFX report: Cyprus-based CFD Broker, TradeATF, Announces Digital Sponsorship With Argentine FA

TradeATF, a well-established and licensed Cyprus-based CFD Broker since 2013. The Broker is duly authorized and regulated by the CySEC and provides its services on an international level focused on EU countries, this week excitedly announced a digital sponsorship of the Argentine National Team under Argentine Football Association (AFA).

News 2022-04-22 15:11

WikiFX report: A bit late! German BaFin investigates BrokerXP scam

The German financial market regulator BaFin announced on Sept. 7, 2021, that it is investigating the illegally operating broker BrokerXP (www.brokerxp.com).

News 2022-04-22 14:53

WikiFX report: Binary.com Rebrands to Deriv.com

Binary.com, a multi-award winning pioneer in the retail online trading space, has rebranded into Deriv.com with new products and enhanced user experience, continuing its mission of serving customers into the future with simple, flexible, and reliable online trading solutions.

News 2022-04-22 14:40

WikiFX report: JP MARKETS OPERATED IN ‘ABSOLUTE CONFLICT’ WITH ITS CLIENTS

An investigation into JP Markets has uncovered how the South African-based online forex broker has allegedly been trading against its clients and tampering with trading circumstances in order to drive down high earners' profitability while increasing the firm's.

News 2022-04-22 11:31

WikiFX report: JP markets liquidated

The Financial Sector Conduct Authority (FSCA) previously reported that it filed an urgent application with the High Court to liquidate JP Markets (Pty) Limited and that the bank accounts of JP Markets had been frozen.

News 2022-04-22 11:23

How to Become an Introducing Broker (IB) in Forex

A Forex IB is basically a business partner who works with the Forex brokerage firm to bring in new clients to the brokerage platform. A Forex IB can either be an individual client or a team of financial professionals who bridge the gap between brokerage firms and aspiring forex traders. An IB typically provides their clients with services such as trading consultations, market education, and trading signals.

Activity 2022-04-22 10:32

04/21 Market report

Dow Jones / Euro / Gold / Crude Oil

Review 2022-04-21 17:10

WikiFX report: SOUTH AFRICA’S IBS CAN BREATHE EASY AS JP MARKETS FINALLY BITES THE DUST

JP Markets, which was unlicensed and had a poor reputation among introducing brokers in South Africa, has been forced into administration by the authorities, and had its bank accounts frozen.

News 2022-04-21 14:57

WikiFX report: A (temporary) positive ‘spread’ for JP Markets as SCA dismisses liquidation order

The Supreme Court of Appeal (SCA) judgment of JP Markets v FSCA [2021] ZASCA 148 is the latest precedent dealing with state institutions’ attempts to wind-up private companies on just and equitable grounds.

News 2022-04-21 14:54

WikiFX report: South African Apex Court Favors JP Markets, Overturns Liquidation Order

Now, the broker might claim damages from the regulator.

News 2022-04-21 14:48

WikiFX report: What JP Markets’ exoneration means for the forex trading industry

Just in time for Halloween, JP Markets — until recently the most vilified forex broker in South Africa — has risen from its grave. Its once boastful slayer, the Financial Sector Conduct Authority, has been left helpless and shame-faced.

News 2022-04-21 14:43

WikiFX report: AMG Announces Investment in Abacus Capital Group

Affiliated Managers Group, Inc. (“AMG”), a leading partner to independent active investment management firms globally, has announced that it has entered into a definitive agreement to acquire a majority equity interest in Abacus Capital Group LLC, an independent privately owned real estate investment manager focused on the U.S. multifamily sector. Hodes Weill Securities, LCC acted as financial advisor to AMG.

News 2022-04-21 14:26

How to Start a Forex IB Business: 5 Things to Learn

Starting a Forex IB business can significantly impact your financial well-being as well as the livelihood of those you influence. Smart individuals who want to earn an alternate source of income know there’s always one way of taking things to the next level. If you’re an expert in offering value-added services to your buddy network, a Forex IB role can be a great fit for you!

Activity 2022-04-21 14:16

WikiFX report: 3 tips to boost your commodities trading skills

Hard commodities include metals such as gold, silver, etc. and energy resources such as oil and gas. Soft commodities include livestock or meat - cattle and other domestic animals, and agricultural produce - wheat, corn, etc. Commodities are also used for trading. The commodity market is a highly volatile market because it’s not only influenced by supply and demand but by other factors such as liquidity, natural disasters, and international politics. The risk-return ratio from this volatility makes it more attractive to traders than other financial markets. 

News 2022-04-21 12:00

WikiFX report: Technical Analysis

Technical analysis is especially important in trading Forex to be able to forecast movements of the market, given its high volatility.

News 2022-04-21 11:54

WikiFX report: Fundamental Analysis

Fundamental analysis is a way of looking at the forex market by analyzing economic, social, and political forces that may affect currency prices. Both Forex and CFD traders must understand the difference between fundamental analysis and technical analysis. Traders are always arguing over which school is best. This piece will look at the basics of Forex / CFD fundamental analysis and how to use this form of market analysis.

News 2022-04-21 11:46

WikiFX report: Coming Up: XM Seminars in Latin America

XM, an online broker whose parent company is Trading Point Holding, a global CFD and FX broker founded in 2009, the broker holds several seminars in different cities to enlighten traders and public in the past, and also recently the broker are pleased to announce their upcoming seminar series in various Latin American locations over the next two months.

News 2022-04-21 11:34