Axi opens a new office in Banglore, India
AXI, an Australia-based broker, has opened a new office in Bangalore, India. Broker shared this news on their LinkedIn account. The post confirmed that the firm had launched the office a week ago.
ATFX Enhances MT4/MT5 Servers at Equinix Hong Kong and London
ATFX upgrades MT4/MT5 servers at Equinix Hong Kong and London, boosting low-latency trading, enhancing global network performance, and optimizing infrastructure.
StoneX Financial Settles $20k Trade Violation Amid Expansion & Key Partnerships
ICE Futures U.S. recently announced the settlement of charges against StoneX Financial Inc. related to potential violations of the Exchange Rule, which prohibits trade practices such as wash sales and prearranged trades. These charges were connected to an incident that occurred on April 27, 2023, where an employee of StoneX allegedly placed opposing buy and sell orders in the Cocoa Futures spread market.
Octa won the ‘Most Reliable Broker – Global’ 2024 Award
Octa, won the most reliable Forex broker of 2024 by the renowned ‘Global Forex Awards 2024’ in the ‘Global’ category. The broker stated on its official website that reliability is a paramount value for us, and we are very proud to receive the Most Reliable Broker Global 2024 award. We're grateful to all traders who put their trust in us, and we'll continue to do our best to ensure our traders remain satisfied with our brokerage.
Labuan FSA Tightens Forex & CFD Regulations, Raises Broker Requirements
The Labuan Financial Services Authority (LFSA) has introduced new restrictions on locally regulated forex and contracts for differences (CFDs) brokers, limiting their offerings to currency-related instruments such as spot FX and CFDs on foreign exchange.
Consob Shuts Down 4 Illegal Financial Websites in Crackdown on Fraudulent Services
The Italian financial services regulator, Consob, has taken decisive action against four new websites that were found to be illegally offering unauthorized financial services.
Coinbase Launches TypeScript SDK for Advanced Trading
Coinbase's TypeScript SDK simplifies advanced crypto trading integration, offering automated trading, market data access, and robust API functionalities.
Gold Soars to New Heights Amid Anticipation of Fed Rate Cuts
Gold has surged to a record high of $2,625.89 an ounce, driven by trader expectations ahead of significant U.S. economic data that could signal whether last week’s 50-basis-point interest rate reduction by the Federal Reserve is the start of a series of aggressive cuts. This latest increase marks a 0.2% rise, eclipsing the previous record set just days ago.
WikiFX Ranking: Top 5 FCA-Regulated Brokers
Choosing a reliable broker is crucial for successful trading. The Financial Conduct Authority (FCA) in the UK is renowned for its stringent regulatory standards, ensuring that brokers adhere to high levels of professionalism and security. Based on WikiFX evaluations, here are the top five FCA-regulated brokers that stand out for their reliability and performance.
XTB Appointed Zlatan Ibrahimović as Brand Ambassador
XTB, well-known broker, partners with football legend Zlatan Ibrahimović and appoints him as the new global brand of XTB.
Saxo Bank Introduces Zero Commission Trading only for New Clients
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 Launches Nasdaq Real-Time Tick Data for Traders
MetaQuotes now offers Nasdaq real-time tick data in MetaTrader 5. Subscribe for accurate market analysis, improved trading strategies, and flexible subscription plans.
Bank of America expects another 75 basis points of rate cuts
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.
What Is a Federal Reserve Rate Cut or Rate Hike?
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.
10 Best MT5 Brokers In India
MT5 is rapidly gaining popularity; as a result, several forex brokers now offer MT5 as their main trading platform. MT5 is a new version of MetaQuotes' market. In this article, we'll tell you about the best Forex brokers in India that use and offer the MT5 or MetaTrader5 platform for trading.
STARTRADER Honored with the Skyline Guide 2024 Award at the WIKI FINANCE EXPO.
STARTRADER has once again solidified its leadership in the forex industry with the prestigious Skyline Guide 2024 award for “Company Outstanding Performance in the Forex Industry”.
Crypto.com Secures PSP License in Bahrain, Prepaid Card to Launch
Crypto.com secures a PSP license in Bahrain, expanding its services and planning a prepaid card launch to support the growing digital economy in the region.
SEC Requests 4-Month Extension in Coinbase Crypto Lawsuit
SEC seeks a 4-month extension to review 133,582 documents in the Coinbase lawsuit. The deadline could be extended to February 2025 as crypto regulations tighten.
India's Gold Imports Surpass $10 Billion Last Month, Hitting Record High
Recent reports indicate that following a reduction in gold import duties this summer, there has been a significant surge in consumer demand for gold jewelry and bars in India, driving global gold prices to unprecedented levels.
Grinta Invest: Something You Need to Know About This Broker
With around 30 forex currency pairs, precious metals, Grinta Invest aims to cater to a wide range of traders. WikiFX has given this broker a low score of 1.98/10. Why?