Malaysian Shop Assistant Loses RM109K in Online Investment Scam
A 27-year-old shop assistant from Malaysia recently lost more than RM100,000 of his savings to an online investment scam that promised substantial returns.
Malaysian Manager Lost RM420,000 to the 'MC Metal Global Trade' Scam
A 33-year-old company manager from Ipoh, Malaysia, has fallen victim to an online investment scam, losing a staggering RM420,000 to the ‘MC Metal Global Trade’ investment scam.
Ex-CIMB Banker Faces RM201K Investment Fraud Charges
A former CIMB investment banker, Ruwan Amaresh Shaun Ponniah, has been formally charged by the Securities Commission (SC) in Kuala Lumpur for defrauding investors of RM201,000.
ASIC Expands Powers to Regulate FMIs and Combat Scam Sites
ASIC strengthens its regulatory powers over Australia's financial market infrastructure and expands efforts to combat investment scams and phishing websites.
Is Promax Trading an Ideal Choice?
Promax is an online forex broker registered in Saint Vincent and the Grenadines with an operating time of 2-5 years.
IUX Review: CFD Broker with High Leverage, No Fees and MT5
Discover IUX, a CFD broker offering high leverage up to 1:3000, no commission fees, and the MetaTrader5 platform. A great choice for traders worldwide.
FCA WARNS AGAINST ABM Trades
Beware! If you don't take the FCA warning seriously. You may be the next target of this unauthorized broker. Today, UK's leading regulator, the Financial Conduct Authority (FCA), warns against ABM Trades. You may see this warning on the official website of the authority.
Federal Reserve Slashed Rate in First Major Move Since 2020
The U.S. Federal Reserve has made its first interest rate cut in over four years, lowering the benchmark rate by half a percentage point. This significant reduction, which exceeds the typical quarter-point adjustments, signals growing concerns within the central bank about its ability to maintain control over inflation.
WikiFX Broker Assessment Series | Make Capital: Is It Trustworthy?
In this article, we will conduct a comprehensive examination of Make Capital, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
Dalmore Group Fined $375,000 by FINRA for Multiple Violations
Dalmore Group LLC has reached a settlement with the Financial Industry Regulatory Authority (FINRA), agreeing to pay a $375,000 fine for various compliance failures from January 2019 to December 2022.
WARNING: Titan Capital Markets may defraud you
In the past few months, WikiFX has received numerous complaints from customers of Titan Capital Markets. The users are accusing the broker. We got another complaint recently, regarding Titan Capital Markets from an Indian user.
A trader from Morocco accused Zenstox of blocking the withdrawal
Recently, the negative views against a broker called Zenstox have been sherd into the light. One such case involves Zenstox, a broker that has come under scrutiny for its questionable practices.
Binance Founder Changpeng Zhao Set for Release After Serving Sentence for Regulatory Violations
Changpeng Zhao, the founder of cryptocurrency exchange Binance, is set to be released from custody on September 29, as indicated by the U.S. Bureau of Prisons website.
OFX expanded its operations in Germany
The Australian financial services provider OFX has extended its presence in Germany by launching a new regional team across several German cities.
Marathon Digital Expands Bitcoin Holdings with $300 Million Note Offering Amid Industry Challenges
Marathon Digital Holdings, the largest publicly listed Bitcoin miner on Wall Street, has successfully completed a $300 million offering of convertible senior notes, utilizing a significant portion of the proceeds to expand its Bitcoin holdings.
SEC Cracks Down on Fake Crypto Platforms: $75Billion in Investor Losses Exposed in Relationship Scam
The U.S. Securities and Exchange Commission (SEC) has taken significant action against two allegedly fraudulent cryptocurrency platforms, NanoBit and CoinW6. These platforms are accused of deceiving investors and siphoning off their money in elaborate schemes
Tether, TRON, TRM Launch Unit to Combat Crypto Crime
Tether, TRON, and TRM Labs launch a new unit to combat crypto crime, strengthening the security of USDT on the TRON blockchain through proactive crime prevention measures.
NEWRGY IMEX: Scams and Unfulfilled Promises?
This exposure aims to shed light on the fraudulent practices of NEWRGY IMEX, with a particular focus on the case of Ulises , a victim from Mexico who has shared his distressing experience.
Revolut Prepares for 2025 India Launch, Targets Fintech
Revolut plans to launch in India by 2025, targeting fintech growth and top-tier consumers with prepaid cards and multi-currency solutions in a fast-growing market.
TradingView added PhillipCapital to its platform
Trading View collaborated with a global stockbroker, Phillip Capital. TradingView is continually adding partner brokers Tradu and Trade Nation are recent additions to the list of partner brokers.