Abstract:In a recent operation, Brickfields district police chief ACP Amihizam Abdul Shukor reported the arrest of 24 local men, 32 local women, along with a foreign man and woman. The age range of those apprehended spans from 20 to 59 years. The raid resulted in the confiscation of 50 laptops, four mobile phones, nine computer tables, one wifi modem, and two investment banners.

On October 20, 2023, the police apprehended 58 individuals suspected of participating in an online forex investment scam at three different business premises in Bangsar.
Brickfields district police chief ACP Amihizam Abdul Shukor disclosed that among those arrested, there were 24 local men, 32 local women, as well as a foreign man and woman. Their ages ranged from 20 to 59. During the operation, law enforcement confiscated 50 laptops, four mobile phones, nine computer tables, one wifi modem, and two investment banners.


According to ACP Amihizam Abdul Shukor, their investigations revealed indications of an online forex investment scam. The syndicate utilized social media platforms to promote and offer these investments, targeting victims from various countries, including Malaysia, Vietnam, China, the Philippines, Singapore, and Europe. As part of the ongoing investigation, all suspects have been remanded until Monday, and they face charges under Sections 420, 511, and 120(B) of the Penal Code.


Did PocketOption block your trading account while it still had funds? Did the forex broker cancel the profits made on your investments? Have you witnessed trading losses due to trade manipulation? Did your deposit fail to show up on the PocketOption login? These are some reported user allegations against the brokerage entity. These allegations hint at a potential operational glitch at the broker’s end. To ensure an informed financial decision, we have conducted an extensive PocketOption review sharing user allegations and a regulatory oversight the broker is under.

If you open a random forex beginner’s trading platform, the screen will almost certainly show just one chart: EURUSD (the euro against the US dollar). It is nearly everyone’s default starting point - the most heavily traded pair in the world, with tight spreads and endless tutorials. Choosing it as your first pair is not a mistake. But the surprising part comes from a different scene. When you ask a group of traders who have actually traded for several years - and survived - which pairs they trade, you get answers that differ wildly. Some watch only 4 pairs, with a list that does not change for years. Others track 27 or 28, fitting nearly every major and cross pair into their system.

Spreads. The single forex cost that quietly eats into every trade you place, every single day, regardless of whether you win or lose. For active traders in India and Pakistan — where most retail traders run on tight margins and bigger position sizes — the difference between a 0.6-pip spread and a 1.6-pip spread can be the difference between a profitable month and a losing one. But here is what most "best spreads" articles will not tell you: a broker advertising 0.0-pip spreads is almost meaningless if they slip your orders by 5 pips during news, freeze your withdrawals, or appear on the RBI Alert List. Real-world spread cost is only one part of the equation. Real-world total cost — including commission, slippage, execution quality, and regulatory protection — is what actually determines whether you keep your profits. This is WikiFX's 2026 ranking of the lowest-spread brokers serving South Asian retail traders, factoring in not just headline numbers but operational reality.

naqdi, a South Africa-based forex broker, is reportedly facing criticism from users over the long-pending withdrawal cases. Some users reported four to eight months of unresolved fund withdrawal requests. With no support over these requests, their frustration became evident in the naqdi reviews they shared online. This article sheds light on those complaints while giving users a view of the broker’s regulatory status