Ringgit seen rising to RM4.07-4.08 next week on 6% GDP

The ringgit is expected to trade around RM4.07 to RM4.08 against the US dollar with an upside bias next week, supported by Malaysia's stronger-than-expected 6% second-quarter 2026 GDP growth, according to Bank Muamalat chief economist Dr Mohd Afzanizam Abdul Rashid and Bank Negara Malaysia.

News 2026-08-17 15:00

The TriumphFX Wound Is Still Open: Malaysian Victims Are Still Waiting for Answers

For many Malaysians caught in the TriumphFX saga, the loss of money was only the beginning. Years after payments reportedly stopped, victims say they are still living with the consequences, while more accounts of financial distress continue to emerge.

News 2026-08-17 14:18

Why RBI is Holding the Rupee at 95.45 as Oil Climbs

The Reserve Bank of India has been defending the rupee around ₹95.45 per US dollar as rising crude oil prices and a firm dollar index put downward pressure on the currency. India imports more than 80% of its crude, so higher oil prices raise dollar demand from oil marketing companies. RBI intervention and exporter dollar sales around ₹95.45 have capped downside risk and kept the rupee in a narrow band, according to market data cited by brokerage Swastika.

News 2026-08-17 13:30

RBI Shuts FCNR(B) Forex Swap Early After $52.3B Rush

The Reserve Bank of India will close its special forex swap facility for fresh FCNR(B) deposits early on August 31, 2026, after $52.3 billion flowed in through the route. Swaps can be completed until September 11, while ECB and OFCB schemes remain open until December 31, 2026.

News 2026-08-17 13:30

VG Markets Review: A Real FSCA Licence, But Why Only a 4.47 Score?

VG Markets holds an active South African FSCA derivatives licence and offers a MetaTrader platform, yet carries a 4.47 WikiFX score and little verified history. This review separates confirmed facts from what traders still need to check.

Exposure 2026-08-17 13:00

Review 2026: XORKETS FX Withdrawal Complaints and Unregulated Risk

XORKETS FX shows a high-risk profile based on the available WikiFX data: a low WikiFX Score of 1.55, no found financial regulation, and a surge of withdrawal-related complaints. The strongest risk signal is the repeated allegation that users were asked to deposit an extra 10% before withdrawals could be released.

Exposure 2026-08-17 13:00

hiifx Review: A 1.24-Rated Broker With Unresolved Withdrawal Complaints

A WikiFX review of hiifx (High Inspiration International Co., Ltd): a 1.24-rated broker with no active regulatory record and unresolved withdrawal complaints reported across multiple countries.

Exposure 2026-08-17 13:00

Review 2026: GFS Withdrawal Complaints, Regulation Gaps, and Broker Risk Signals

GFS shows a high-risk profile in the available WikiFX data: a low WikiFX Score of 1.62, no verified financial regulation found, and many user exposure cases involving withdrawals, account access, and trading-cost complaints. Traders should treat this broker with extreme caution before depositing funds.

Exposure 2026-08-17 13:00

StoneX Agrees to Acquire Brazil FX Bank Banco Travelex

StoneX has agreed to acquire Banco Travelex in Brazil, adding a locally regulated foreign exchange and banking operation subject to approval from the Central Bank of Brazil.

News 2026-08-17 12:13

Plus500 Joins Bahamas FX and CFD Industry Association

Plus500 has joined the Bahamas Institute of FX & CFD Issuers, an industry association representing licensed forex and CFD firms operating in The Bahamas.

News 2026-08-17 12:10

AMILLEX Broker Review: Regulated but Is It Safe for Traders?

This Amillex review provides a detailed examination of the broker's regulatory framework, licensing coverage, trading conditions, and user feedback based on information available on WikiFX. As a global broker regulatory query platform, WikiFX evaluates brokers using measurable criteria such as regulatory authorisation, compliance records, and operational transparency.

News 2026-08-17 12:06

admiral Review 2026: Clone Warnings, Withheld Profits, and Withdrawal Risks

Available records show admiral holds strong tier-one regulatory licenses, but Indian traders face severe risks from rampant clone websites and a pattern of complaints involving withheld profits and advance-fee withdrawal scams. Verifying the official domain is critical before depositing any funds.

Exposure 2026-08-17 12:00

Plus500 Joins Bahamas Forex and CFD Industry Association

Global trading platform Plus500 has joined the Bahamas Institute of Forex & CFD Issuers (BIFCI). What does this mean for traders?

News 2026-08-17 11:48

IUX Broker Review: Regulated but is it Safe for Traders?

This comprehensive IUX review provides an in depth look at the regulatory standing, WikiScore rating, trading conditions, and user feedback for IUX based on data available on WikiFX.

News 2026-08-17 11:33

TenTrade Review 2026: Complaints, Withdrawals, and Risk Signals

TenTrade operates with offshore regulation and holds a low WikiFX score of 3.76 due to a mounting pattern of user complaints. Indian traders should exercise extreme caution, as multiple reports highlight blocked withdrawals, disabled accounts, and severe platform slippage.

Exposure 2026-08-17 11:30

AI Is Now Building the Scam That Steals Your Savings

​The investment scam industry has fundamentally changed. It is no longer primarily a matter of brazen deception or implausible promises. It is, increasingly, a matter of artificial intelligence that's systematically deployed to manufacture legitimacy, sustain victims' belief in fraudulent platforms, and extract money with a precision that human-operated schemes could not achieve at scale. Criminal networks are now using AI to build fake trading platforms, fabricate financial advisers, and generate advertising content that has become genuinely difficult to distinguish from licensed, regulated services.

News 2026-08-17 11:06

YAIBroker Review: No Regulatory Information and Withdrawal Complaints, Check Before You Deposit

YAIBroker advertises MetaTrader 5 trading with $100 minimum accounts but shows no regulatory information in WikiFX records, scores 2.04 out of 10, and has a recorded withdrawal complaint. Here is what to verify before funding.

Exposure 2026-08-17 11:00

7 Red Flags of Bogus Investments You Must Not Ignore

RRI.co.id Sintang, citing djkn.kemenkeu.go.id and pegadaian.co.id, outlines the warning signs of "investasi bodong" (fraudulent investment schemes), including unclear business processes, recruitment bonuses, guaranteed high returns with no risk, tiered packages, unclear legality, and Ponzi-style fund management.

News 2026-08-17 11:00

Lite Finance Review: A 1.87 Rating and a Stop-Loss Slippage Complaint

Lite Finance carries a 1.87 WikiFX rating and no regulatory information on record. A July 2026 complaint describes a $50.86 stop-loss slippage on a micro lot, with support reportedly blaming the CPI release.

Exposure 2026-08-17 11:00

Malaysian Doctor Loses RM558,000 to Forex-Crypto Scam

The victim first encountered an advertisement promoting trading and investment lessons before being redirected to an individual operating under the name "Wan" on WhatsApp. What followed was a seven-month financial haemorrhage with 77 separate transactions funnelled across six bank accounts between January 12 and August 11, amounting to a total loss of RM558,000.

News 2026-08-17 10:37