RBI Imposes Rs 75 Lakh Fine on HDFC Bank for KYC Breach
On March 26, 2025, the Reserve Bank of India (RBI) imposed a monetary penalty of Rs 75 lakh on HDFC Bank for non-compliance with Know Your Customer (KYC) regulations. The penalty is part of a broader regulatory crackdown that also saw Punjab & Sind Bank and KLM Axiva Finvest fined for various compliance deficiencies.
South Korean Regulator Blocks Access to 17 Unreported Offshore VASP Apps on Google Play
South Korea’s Financial Intelligence Unit (FIU) has blocked access to 17 unreported offshore VASP apps on Google Play to protect domestic users from potential financial risks.
Bridging Trust, Exploring Best—WikiEXPO Hong Kong 2025 Wraps Up Spectacularly
March 27, 2025, Hong Kong—The highly anticipated WikiEXPO Hong Kong 2025 concluded successfully at the city’s iconic Sky100 Observation Deck. Under the theme “Bridging Trust, Exploring Best,” the event was hosted by WikiGlobal, co-organized by WikiFX, and partnered with government entities including FSI Mauritius (Financial Services Institute Mauritius) and Liberland, creating a top-notch platform for collaboration and innovation.
Octa vs XM:Face-Off: A Detailed Comparison
This article provides a structured comparison of these two brokers across key categories—regulation, trading conditions, platforms, fees, and asset variety—to help traders and investors decide which aligns best with their goals.
When High Returns Go Wrong: How a Finance Manager Lost RM364,000
A finance manager in Malaysia lost more than RM364,000 after falling victim to an online investment scam that promised quick and high returns.
GameStop Adds BTC to Reserves and Plans to Raise $1.3 Billion to Purchase Bitcoin
GameStop announced plans to raise $1.3 billion through convertible notes to purchase Bitcoin as part of its treasury reserves. The company aims to enhance liquidity and manage financial obligations with digital assets.
Couple Arrested in Thailand for Billion-Baht Crypto Scam & International Kidnapping
Thai authorities have announced the arrest of 27-year-old Chinese national Wu Di, who is believed to be at the centre of a large-scale cryptocurrency investment scam that has defrauded victims of over 600 million baht (approximately US$17.7 million) within a span of just two months.
How Cyberattacks Cost BSP-Overseen Institutions P5.82 Billion in 2024
Cybersecurity risks cost BSP banks P5.82B in 2024. Phishing and AI-driven attacks surge as digitalization widens vulnerabilities. Explore the rising cyber threat impact.
Bank Central Asia Addresses Cryptocurrency Scam Claims
Bank Central Asia responds to a cryptocurrency scam using its accounts, targeting investors via social media. Learn about the scam and BCA’s stance.
Experienced Forex Traders Usually Do This Before Making a Lot of Money
If you’ve ever wondered what sets successful forex traders apart from the rest, one thing is clear: experience teaches them never to rush into a trading relationship without doing their homework. Whether you're a seasoned trader or just starting out, the secret to long-term success in forex trading is a robust, well-informed decision when choosing a broker.
Why Is Crypto Booming in Online Trading Compared to Forex?
Know why cryptocurrencies are booming in online trading, offering forex traders new opportunities, higher volatility, and the potential for greater returns.
Broker Comparison: FXTM vs XM
Choosing the right broker is a critical decision for traders. This article compares FXTM and XM based on basic information, regulatory status, leverage, trading platforms, account types, spreads and commissions, customer service, AI tools, and recent updates. We aim to present an unbiased overview so that you can choose the best broker suited to your needs.
Why Are Financial Firms Adopting Stablecoins to Enhance Services and Stability?
Financial firms adopt stablecoins for stability and innovation, fueled by Trump’s crypto push, reshaping finance with blockchain efficiency in 2025.
SEBI Implements New Social Media Advertising Requirements to Curb Investment Frauds
The Securities and Exchange Board of India (SEBI) has announced new guidelines requiring SEBI-registered intermediaries to undergo verification by social media platforms such as Google and Meta before publishing advertisements in a move aimed at combating investment fraud and enhancing transparency in the securities market.
WikiFX Announcement: Suspension of Weekly Simulated Trading Competition
Since its launch in early 2023, the WikiFX Weekly Simulated Trading Competition has successfully hosted 99 consecutive rounds, attracting enthusiastic participation from traders worldwide and creating countless thrilling trading moments.
What Can Forex Traders Learn from Ne Zha?
The animated blockbuster Ne Zha: Birth of the Demon Child tells the story of Ne Zha’s journey to defy fate and take control of his own destiny. Beyond being an inspiring tale filled with action and character growth, the film conveys profound life lessons - many of which resonate deeply with the world of forex trading.
Retirement Savings Wiped Out: RM500,000 Lost to a Scammer named Richard Ong
A retiree was deceived into parting with more than RM500,000 after falling victim to an elaborate investment scam that promised substantial returns.
What Qualities of a Broker Help Professional Traders Achieve Success?
Know the key qualities of a broker that professional traders need, from fast execution to robust security and 24/7 support, to enhance trading success.
The Dark Side of Social Media Investments: How a Manager Lost RM2.08 Million
A Malaysian company manager suffered financial losses amounting to RM2.08 million after becoming the victim of an investment scam promoted through Facebook.
What Is the Role of Central Banks in Forex Trading?
Central bank policies shape market liquidity and interest rates, directly impacting exchange rate movements. Traders must closely monitor policy shifts.
Latest News
Enlighten Securities Penalized $5 Million as SFC Uncovers Risk Control Failures
WikiFXWhy Are Financial Firms Adopting Stablecoins to Enhance Services and Stability?
WikiFXExperienced Forex Traders Usually Do This Before Making a Lot of Money
WikiFXOcta vs XM:Face-Off: A Detailed Comparison
WikiFXWhen High Returns Go Wrong: How a Finance Manager Lost RM364,000
WikiFXBridging Trust, Exploring Best—WikiEXPO Hong Kong 2025 Wraps Up Spectacularly
WikiFXUnlocking the Power of Algo Trading: Benefits and Limitation
WikiFXRise of Fake Trading Apps & Their Impact on Investors
WikiFXCrypto-to-Cash Transfers Now Available for UK and Europe
WikiFXU.S. and Japan Interest Rates Hit Recent Highs – Watch Out for Short Sellers
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