As reported earlier this week by Global Crypto, MTI’s alleged FX provider FX Choice blocked their account. Global Crypto reached out to MTI the day the news broke, and this morning received an official statement from the Cape Town based company.
Trading can be a complicated and treacherous line of work, the lack of knowledge, and the absence of sufficient experience can pose a serious threat to your capital. Offering financial advice and making trading easy and simple is a task most Forex platforms overlook.
OmegaPro is a pioneer in internet trading, having been founded in later part of 2018. Initially focusing on Forex trading, it has now expanded its product offering to include indices, stocks, commodities, and other assets.
Omegapro offers a cooperative and uncomplicated trading environment to its clients along with financial guidance. Established by a business tycoon named Andreas Szakacst, the tagline of the company is, "The market never rests, why should we?"
Thousands of EmpiresX Investors have lost Millions collectively but now the company has sold all of their affiliate private information to other scammers.
Ponzi schemes are as prevalent as ever. Just have a gander at past enforcement actions taken by the Securities and Exchange Commission over past years. Despite this prevalence, investors continue to get bilked out of their hard-earned money.
The CedarfFX broker scam (www.cedarfx.com) has a green touch to it. The fraud is purportedly run by Cedar LLC, a St. Vincent and the Grenadines-based company founded in September 2020. Bitcoins, credit and debit cards, and bank transfers are all options for victims.
At a time when many Retail FX brokers are scrambling to get a CySEC CIF license ahead of the December 31, 2020 Brexit transition deadline, a number of brokers are heading in the other direction.
The U.S. economic growth forecast was downgraded, and the three major stock indexes fell unilaterally
Fed's Evans and Harker: Support 50bps rate hike
Forex margin refers to the percentage of funds that a trader must put forward from their account balance in order to open a trade and to ensure the trader can handle potential losses. The margin amount taken is locked up for the particular duration of the trade and sent back to the trader's account once the trade is closed and is available again to open new trades.
A trading mindset is the core factor behind successful trading and it is something that every trader should work on and develop constantly. Establishing a positive trading mindset will help you to easily maintain your self-discipline when trading challenges your mental energy.
The UK watchdog said these brands used fake celebrity endorsements for their products on social media.
CySEC confirms that it has been informed by Rodeler and Hoch Capital of their intentions to renounce their CIF authorizations.
The number of internet brokers is increasing all the time. While this is beneficial to investors, there are a number of rogue forex brokers. These con artists prey on unwary investors, and many new traders have fallen victim to their schemes.
The international brokerage company SuperForex has officially launched its services in Iran. SuperForex had a successful debut among Iranian Forex traders and is quickly becoming one of the most preferred brokers in the country.
India has seen a boom of new brokers enter the local Forex trading sector in recent years. When given more options, though, many traders may find it difficult to choose the best broker to deal with.
There are several products, assets, investment vehicles, and other items available in the trading industry. However, FX is by far the largest and most liquid of them all. During the COVID-19 pandemic, which has now lasted over a year and a half, forex, or foreign exchange, became even more important.
GBP/USD dances on support
SuperForex has always prided itself on the range of accounts it provides to its clients. This variety has fit all types of traders over the years, from micro cent accounts to professional ECN and Profi-STP types. SuperForex has now taken things a step further by introducing premium account bundles.