Abstract:In this article, WikiFX will reveal the top 4 brokers that have received the most complaints in Malaysia within February 2024! Beware users!
In this article, WikiFX will reveal the top 4 brokers that have received the most complaints in Malaysia within February 2024! Beware users!
Traders Trust WikiFX profile: https://www.wikifx.com/en/dealer/1861526644.html
TTCM Traders Trust Capital Markets Limited, commonly referred to as Traders Trust, was founded in 2009 by a group of financial professionals. The company operates as a Cyprus Investment Firm ('CIF') and is regulated by the Cyprus Securities and Exchange Commission ('CySEC') under license number 107/09, following the guidelines of the Markets in Financial Instruments Directive II ('MiFID II') of the European Union. Traders Trust focuses on trading currency pairs, global indices, precious metals, and oil.
Currently, Traders Trust is not available in certain countries, including Brazil, the Republic of Korea, Iran, Iraq, the Syrian Arab Republic, Japan, and the United States.
Below are the recent complaints WikiFX received regarding issues at Traders Trust:
Baxia Markets WikiFX profile: https://www.wikifx.com/en/dealer/3845679117.html
Established in 2020, Baxia Markets operates as an STP-broker, facilitating access to financial markets. The company provides trading options in currency pairs, indices, metals, and energies. Situated in Seychelles, Baxia Markets extends a range of financial assets, including currency pairs and CFDs on indices, metals, and energies. Regulatory oversight for the broker's activities is conducted by the Seychelles Financial Services Authority (FSA) and the Securities Commission of the Bahamas (SCB). It is essential to acknowledge that both of these regulatory bodies operate offshore, potentially resulting in a more permissive regulatory environment.
Below are the recent complaints WikiFX received regarding the issue at Baxia Markets:
Aximtrade WikiFX profile: https://www.wikifx.com/en/dealer/7341492416.html
International online broker Aximtrade is a devoted Alfa Romeo F1 team sponsor. WikiFX's database shows that they have only been in business for two to five years, during which time they have accumulated more than 100,000 active customers. They allow their clients to trade forex, metals, energies, stocks, indices, and commodities using CFDs, along with perks like flexible leverage and a trading instrument selection that exceeds 100. Although Aximtrade claims to be multi-regulated, WikiFX discovered that out of 3 licenses, only one is valid, which makes its credibility questionable.
Below are the recent complaints WikiFX received regarding withdrawal issues at Aximtrade:
WikiFX emphasizes the importance of having the WikiFX mobile app installed on your device, which is accessible for free on both Google Play and the App Store.
This app will keep you informed about the latest updates concerning brokers and market trends. Whether you choose to use the app or visit our website at www.wikifx.com, you can receive timely alerts regarding brokers worldwide, not limited to Malaysia. Additionally, we urge all our valued users to exercise caution when dealing with online brokers. Always ensure to click on the link provided in the broker's respective WikiFX profiles to confirm that you are accessing the official and accurate website. Unfortunately, there have been instances of scammers attempting to deceive users by replicating broker websites. Safeguard yourself from potential fraud by relying on the verified links provided by WikiFX.
Saxo Bank launched an attractive promotion for new clients that offers zero commission trading on transactions for the 100 most popular US stocks. This campaign began on September 17, 2024, and runs until December 31, 2024. It aims to attract clients who want to invest without paying trading costs.
MetaQuotes now offers Nasdaq real-time tick data in MetaTrader 5. Subscribe for accurate market analysis, improved trading strategies, and flexible subscription plans.
Federal Reserve Cuts Rates for the First Time in Four Years. On September 18, Bank of America Global Research revealed an upward adjustment in its forecast, expecting the Federal Reserve to implement a total of 75 basis points in rate cuts by year-end.
The Federal Reserve’s decisions to raise or cut interest rates are among the most influential drivers of market activity, particularly in the forex and cryptocurrency markets. Understanding the impact of rate changes is crucial for market participants, as it helps them anticipate potential movements and adjust their strategies accordingly.