Avoid Fake Websites of CPT Markets
You may have heard the proverb "All that glitters is not gold.". It's high time to take this proverb seriously if you are involved in the forex market; otherwise, you will lose your hard-earned money.
Gigamax Scam: Tracking Key Suspects in RM7 Million Crypto Fraud
Malaysian authorities are actively pursuing seven individuals linked to the Gigamax investment scam, which has defrauded investors of over RM7 million. The suspects include an Indonesian national, identified as Awaludin, who is believed to be the mastermind behind the scheme, and six Malaysians who served as promoters and speakers for the fraudulent operation.
Interactive Brokers Boosts IBKR Desktop with Advanced Tools
Interactive Brokers upgrades IBKR Desktop with powerful tools like MultiSort, Option Lattice, and enhanced charting, simplifying global trading for all skill levels.
Elderly Trader Loses RM2.1M in WhatsApp Forex Scam
A 70-year-old trader fell victim to a WhatsApp forex scam, losing RM2.1M. Learn how to safeguard your finances and recover losses with WikiFX support.
792 Arrested in Nigerian Crypto-Romance Scam Bust
Nigeria arrests 792 suspects in a crypto-romance scam targeting Americans and Europeans. Among those detained are 40 Filipinos and 148 Chinese nationals.
Spotware Unveils cTrader Store, Global Marketplace for Algo Creators
Spotware launches cTrader Store, a secure marketplace empowering algo creators to monetize plugins, trading bots, and apps, with global reach and licensing protection.
Quadcode Markets: Trustworthy or Risky?
Quadcode Markets is a regulated trading platform based in Australia, operating under the company name Quad Code AU Ltd. It has been regulated by the Australia Securities & Investment Commission (ASIC)
WikiFX Urgent Announcement: Beware of Phishing Emails Masquerading as Official Communications
Recently, we have received reports from users who have been targeted by fraudulent impersonation attempts. Malicious actors are using email addresses highly similar to our official customer service email address support@wikifxglobal.com – （Please Note That Our Legitimate Address is support@wikifx.com) to send fraudulent emails. These emails falsely claim to address account issues and offer funds recovery, attempting to trick users into paying “recovery fees.”
Elderly Malaysian Businessman Loses RM704K to WhatsApp Investment Scam
A 73-year-old businessman in Malaysia has suffered a financial loss of RM704,000 after falling prey to a fraudulent investment scheme promoted on WhatsApp.
Singaporean Arrested in Thailand for 22.4 Million Baht Crypto Scam
Thai authorities have apprehended a 32-year-old Singaporean man suspected of being part of a transnational syndicate involved in cryptocurrency scams. The group is accused of defrauding victims of more than 22.4 million baht (S$886,000) through a fraudulent trading platform.
MstockMax Software Scam: Man Defrauded of Rs. 5 Crore
Madhya Pradesh Police in India arrested a group of cyber scammers who use Mstock Max software to defraud customers and steal their money. The MP police arrested these fraudsters from throughout the country, including Chhattisgarh, Bharuch, Maharashtra, and Surat.
Broker Review: Is Eightcap Legit?
EightCap, is a global forex broker launched in 2009. It was established in Melbourne, Australia. This broker offers its global traders various market instruments. In today’s article, we will show you whether Eightcap is still a reliable broker in 2024.
Kraken and BitGo to Handle FTX Payouts Starting January 2025
Kraken and BitGo will oversee the first FTX payouts starting January 3, 2025. 98% of creditors receive at least 118% of their claims in cash.
Understanding the Impact of Interest Rate Changes on Forex Markets
Interest rates are one of the most influential factors in the forex market, shaping currency values and driving trader decisions. When central banks adjust interest rates, they send ripples through global markets. Understanding how these changes impact currency movements is crucial for forex traders aiming to stay ahead of market trends.
FCA Seeks Input to Shape UK Crypto Market Regulations
UK FCA seeks public feedback on crypto rules to improve market transparency, protect consumers, and support growth. Comments are open until March 2025.
Trader Turns $27 Into $52M With PEPE Coin, Breaking Records
A crypto trader turned $27 into $52M through PEPE memecoin, proving the massive potential—and risks—of investing in volatile cryptocurrencies.
ASIC Sues HSBC Australia Over $23M Scam Failures
ASIC sues HSBC Australia for failing to prevent, detect, and resolve $23M in unauthorized transactions, leaving scammed customers stranded for months.
Online Trading Scam: False Alluring Promises, 16 Scammers
A group of fraudsters in Guwahati, Assam, India, tricked individuals with fake deposit schemes, promising 15% annual returns. However, these promises were not kept, leading to significant financial losses for investors. It is important to assess the situation carefully and proceed with caution.
TradeExpert: A Forex Broker Under Scrutiny
TradeExpert, a forex broker led by Angelito Harina, has gained attention for its promises of a hands-free trading experience.
Beware of Celebrity Crypto Scams: Drake’s Social Media Account Hacked
Celebrity-backed cryptocurrency scams have been making headlines again, with fans of Canadian rapper Drake falling victim to a fraudulent memecoin scheme.