Voices of the Golden Insight Award Jury | Tamir Tang, CEO of Star Activation Sdn.Bhd

WikiFX Golden Insight Award uniting industry forces to build a safe and healthy forex ecosystem, driving industry innovation and sustainable development, launches a new feature series — “Voices of the Golden Insight Awards Jury.” Through in-depth conversations with distinguished judges, this series explores the evolving landscape of the forex industry and the shared mission to promote innovation, ethics, and sustainability.

This interview features Tamir Tang, CEO of Star Activation Sdn.Bhd. As an innovative leader with strategic vision and strong execution capabilities, Tamir Tang possesses cross-industry experience in finance, education, and technology. He excels at integrating global resources and empowering teams to drive end-to-end growth from strategic planning to market execution, enabling companies to achieve scalable international development.

Part I: From Information Asymmetry to System-Driven: Key Challenges and Pathways for Sustainable Development in the Forex Industry

Q1: In driving the industrys sustainable development, what do you believe is the most pressing issue currently facing the forex ecosystem? What role or mission does Star Activation undertake in this regard?

A: For the forex industry to achieve true sustainable development, the three most critical core issues that urgently need to be addressed are: information asymmetry, uneven capabilities, and a lack of standardization within the ecosystem.

Firstly, information asymmetry remains the industry‘s most significant systemic risk. A large number of traders enter the market lacking professional knowledge and correct understanding, leading to high failure and complaint rates, which negatively impacts the industry’s reputation and the quality of its growth.

Secondly, the capabilities of traders and Introducing Brokers (IBs) are highly uneven. The industry lacks a structured cultivation system; most market participants cannot access systematic career development paths. This results in low market development efficiency and unstable service quality, ultimately affecting the healthy circulation of the entire ecosystem.

Thirdly, there is insufficient standardization and transparency in the ecosystem. Whether concerning data, tools, training, or operational models, significant disparities exist among different institutions, with a lack of unified processes or evaluation standards. This makes it difficult for the industry to foster healthy competition and long-term trust.

In this context, Star Activations mission is very clear: to become the driver of “systematization, standardization, and intelligence” for the industry.

We primarily undertake three roles:

Reducing information asymmetry through education and certification systems.

We have built a comprehensive online learning system, examination framework, and professional certification pathway, from entry to advanced levels. This allows traders and IBs to develop within a framework of clear and transparent standards, strengthening the overall knowledge foundation of the market.

Enhancing the professional capabilities of participants through technology and tools.

From real-time market data tools and intelligent analysis systems to copy-trading and operational management systems, we promote the arming of market participants with professional tools. This enables them to serve end-clients in a more professional and stable manner.

Establishing replicable, scalable, and evaluable standard systems for the industry.

Star Activation is promoting a complete set of standardized processes covering training, examinations, operations, risk control, and data monitoring. This shifts the industry away from reliance on “individual experience” towards dependence on structured systems and quantifiable standards.

In other words – Star Activations mission is to guide the forex industry from being “experience-driven” to becoming “system-driven.” We aim, through the integration of technology, education, and standardization, to enable the entire forex ecosystem to achieve: healthier client acquisition models, more transparent operational structures, more professional market participants, and higher-quality, long-term industry growth.

This is precisely the core value that Star Activation brings to promoting the industrys sustainable development, and it is the direction of our ongoing commitment.

Q2: Regarding “transparent trading, fair competition, and truthful information disclosure,” what do you believe the industry most needs to strengthen?

A: Currently, what the industry most needs to strengthen is the standardization and verifiability of data and information disclosure.

Whether its price feed sources, execution quality, cost structures, or the cooperation rules between IBs and traders, information must be presented with greater transparency, traceability, and unified standards. Only by enhancing data authenticity and process transparency can the industry truly establish an environment of fair competition and a compliant ecosystem.

Q3: “Transparency” is regarded as a core element of a healthy financial ecosystem. In your view, how should the industry promote higher levels of information disclosure and healthy competition?

A: To promote higher levels of transparency, the industry needs to work on three fronts:

First, establish unified information disclosure standards.

Develop industry-wide norms for disclosing information on trade execution, price sources, fee structures, risk warnings, etc., ensuring all participants disclose information under the same framework.

Second, introduce verifiable data mechanisms.

Utilize methods such as third-party audits, technical verification, and chain-based recording to improve data authenticity and traceability, thereby avoiding false advertising and unfair competition.

Third, strengthen market conduct supervision and incentives.

Provide long-term development opportunities and policy support for institutions that operate compliantly and with transparency. Effectively penalize deceptive, withholding, or misleading practices to foster a healthy competitive environment.

Only when transparency becomes the common baseline and foundation for competition within the industry can the entire financial ecosystem achieve healthy and stable long-term development.

Part II: The Multi-Faceted Key Role of WikiFX in Enhancing Industry Transparency and Standardization

Q1: In your opinion, can the selection process for the “WikiFX Golden Insight Award” further promote transparency and overall credibility within the forex industry, thereby protecting the vast number of investors?

A: Yes, I believe the selection process for the “WikiFX Golden Insight Award” holds positive significance.

This award, through its open, fair, and verifiable evaluation system for screening and recognizing industry practitioners, helps enhance industry value in two key aspects:

First, enhancing transparency.

By employing quantitative metrics, objective data, and public assessment, it raises the level of industry information disclosure, allowing stakeholders to recognize professionals contributing positively to the sector.

Second, strengthening industry credibility.

A credible selection mechanism can establish industry benchmarks, indirectly motivating the industry to move towards a more compliant, transparent, and stable direction.

From an ecosystem perspective, initiatives like the “Golden Insight Award” are not merely honors; they serve as an external force driving the forex industry towards greater standardization and transparency. This plays a positive role in the long-term healthy development of the industry.

Q2: What role do you believe WikiFXs products and services play in enhancing industry transparency and standardization?

A: As a globally leading third-party information service platform for the forex industry, WikiFXs products and services play multiple key roles in enhancing industry transparency and standardization:

• Information Disclosure and Integration

Collecting and Disclosing Broker Data: WikiFX breaks down information asymmetry barriers by collecting, organizing, and disclosing information on forex brokers. This enables investors to access critical data—such as a brokers regulatory status, licensing, risk information, and credit ratings—that was previously difficult to obtain.

Building the Worlds Largest Broker Database: It has currently compiled public information on over 70,000 forex brokers. This massive accumulation of data itself forms the cornerstone for enhancing transparency.

• Risk Assessment and Mitigation

Pioneering the WikiFX Scoring System: Utilizing advanced algorithms, this system comprehensively showcases a brokers operational qualifications, user feedback, and industry influence. It provides investors with a holistic reference in an intuitive, standardized format, helping users reduce decision-making costs and effectively avoid risks.

Multi-Dimensional Verification Services: It offers services including on-site verification, making the actual operational conditions of brokers more transparent.

• Promoting Industry Self-Discipline and Fair Competition

Encouraging Reputation Maintenance: By displaying user reviews, risk warnings, and other features, it encourages forex brokers to maintain their reputation and image, thereby promoting good practices in industry self-regulation and business ethics.

Reducing Fraudulent Behavior: It increases the degree of standardization within the industry, helping to reduce irregular practices such as fraud and creating a fairer competitive environment for all industry participants.

• Providing Professional Knowledge and Market Updates

Industry Media Platform: As an industry media outlet, it provides forex market dynamics, economic news, and relevant industry analysis, offering accurate and reliable information and knowledge to investors and practitioners. This is highly beneficial for elevating the overall standard and professionalism of the industry.

In summary, the core value of WikiFX lies in leveraging financial technology and vast data accumulation to standardize, publicize, and visualize the key information of forex brokers. This enhances investors understanding of the forex market and their ability to identify risks, ultimately driving the forex market towards a more standardized, transparent, and trustworthy direction.

About the Golden Insight Award

As the worlds prominent forex ecosystem service platform, WikiFX has been deeply rooted in the industry for over a decade and has become a technology-driven leader in forex investment security. To recognize the efforts of forex professionals in building a healthier industry ecosystem, we are proud to present the “WikiFX Golden Insight Award.”

The Award unite regulatory bodies, brokers, IBs, KOLs, industry media, service providers, and other forex industry professionals to jointly foster a global healthy forex ecosystem and recognize industry elites for their outstanding contributions.

Uniting industry forces to build a safe and healthy forex ecosystem. Together, let's foster a more transparent, secure, and sustainable forex industry. Visit the WikiFX Insight Awards website for more information: https://www.wikifxact.com/en/page/insight/index.html?source=zt