Gold Slips Below $4,000 as Hot US Inflation Lifts December Rate-Hike Bets
Gold fell below the $4,000 mark in early Asian trading on Thursday, sliding to around $3,985 an ounce as a hotter-than-expected US inflation reading hardened expectations that the Federal Reserve will raise interest rates at its December meeting. According to FXStreet, the metal extended its decline as persistent inflation kept the Fed on a tightening path.
YES or NO? Test Your Market Insight with WikiFX!
How well can you predict what will happen next in the financial markets? Every market event brings new possibilities, and now you have a chance to put your market knowledge and insights to the test! WikiFX invites you to join the WikiFX Prediction Market – 8-Day Market Challenge, an exciting campaign where participants can predict market-related events by choosing YES or NO. With new prediction questions released daily, you can test your market insights and get the opportunity to share USDT rewards with other eligible winners. Best of all, participation is completely free. No actual trading or financial investment is required!
YES or NO? Test Your Market Insight with WikiFX!
WikiFX invites you to join the WikiFX Prediction Market – 8-Day Market Challenge, an exciting campaign where participants can predict market-related events by choosing YES or NO. With new prediction questions released daily, you can test your market insights and get the opportunity to share USDT rewards with other eligible winners.
Preventive Measures When Exchanging Currency Amid a Rise in Forex Scams
As you prepare to board your flight to another country, the first thing you will likely check is the local currency you get by exchanging the currency of your country. Foreign currency, understandably, forms a critical part of international travel, overseas payments, business, education, and global transactions. However, fraudsters are rapidly capitalizing on the growing demand for foreign exchange to fulfill their evil intentions. As the scam expands, you, as a user, need to be careful, understand transactions and detect suspicious behavior related to fund transfers or the sharing of personal information. In this article, we have elaborated on the common forex scams, critcal warning signs, and the steps to take to avoid fraud when exchanging currency.
Leading the Transparency Movement, The Trust Dialogue with Andras Toth from FXZENITH
In this edition of WikiLicense’s corporate interview series, we speak with Andras Toth, the Founder & CEO of FXZENITH, one of the early adopters of the WikiLicense dynamic certification badge, to discuss how transparent practices, independent verification, and visible accountability are shaping the future of the forex industry.
No Ukraine Aid Deal, No EU Budget: Merz Threatens to Block Funding
Merz's threat to block the EU budget over Ukraine aid has triggered a backlash from four member states, deepening divisions over who should pay for Kyiv's support.
OneRoyal Global Sales Head Gebran Massabni Exits After 18 Years
Gebran Massabni has left OneRoyal after 18 years, shortly after the CFD broker named Nicole Heinrich as Global Head of Sales. What the leadership change means for clients.
CFTC Bars Eight Americans Over Offshore Forex Sales to US Clients
The CFTC has barred eight Americans for two years over selling unregistered offshore forex and CFD trading to US retail clients, with US$650,000 owed to the SEC.
Space Markets Review: What Traders Should Know Before Depositing
Space Markets is a South Africa-registered broker offering a R50 minimum deposit, MetaTrader 5 and access to forex, indices and stocks. Its FSCA Derivatives Trading Licence is recorded as regulated, but a September 2024 Central Bank of Russia (CBR) warning means prospective clients should verify the licence scope before funding an account.
Slippage: why your forex order fills at a price you did not see
Slippage is the difference between an expected forex price and the actual fill. It can be positive or negative, and it appears when quotes move, liquidity is thin, order size is large, or a stop becomes a market order. A hypothetical EUR/USD example shows how to measure the gap in pips without treating it as a trading signal.
What Does It Mean When A Regulator Flags A Broker? What Traders Must Know?
A warning issued by a financial regulator against a forex broker should never be dismissed as a routine announcement. For traders, it could be an early indication of potential financial danger, raising serious questions about whether their money is being handled by a legitimate and properly supervised company.
Fed Note Says Gold Repatriation Is Not Automatically a Dollar Exit
Headlines about central banks flying their gold home are often read as a verdict on the U.S. dollar. A Federal Reserve research note published on November 9 argues that reading is too simple: for the euro area central banks that moved gold out of U.S. custody, the dollar's share of their reserves barely moved. According to the Federal Reserve, the note reviews relocations by Germany, the Netherlands and France since 2013 and the changes, or lack of them, in their U.S. dollar reserve allocations.
5 Ways PrimeXBT Helps Traders Reduce Trading Costs
Every trade comes with a cost, and over time, those expenses can have a meaningful impact on overall trading results. Spreads, commissions and overnight charges all deserve attention, particularly for active traders who frequently open and close positions.
Universal Markets Review: A 2.04 Score and No Confirmed Regulation
Universal Markets, operated by UM Media LLC, holds a low WikiFX score of 2.04 with no confirmed regulatory record. This review outlines what to verify before opening an account.
Funding your account with crypto? Three hidden boundaries
Crypto funding feels instant and private, yet three separate boundaries decide what really happens to your money: who holds the key, who must verify you, and who converts the coins into local currency. A worked hypothetical withdrawal shows where fees, delays and losses can appear.
Nigeria Sets N15bn Capital Bar for Dollar Stablecoin Issuers
Nigeria's central bank requires dollar stablecoin issuers to hold N15bn paid-up capital and operate through a locally incorporated Class 2 licensee, with a 180-day transition for existing operators.
Upway Review: Slippage, Stop-Loss and Withdrawal Complaints Worth Checking
Upway is a Hong Kong gold and silver CFD broker with an HKGX licence and a low 1.62 WikiFX score. Recurring user complaints centre on slippage, unhonoured stop-loss and take-profit levels, and withdrawal trouble worth verifying before depositing.
Galileo FX Broker Review: Is It Safe for Traders?
This Galileo FX review examines the company's regulatory status, WikiScore, business background, automated trading software, supported markets and user feedback.
AI-Powered Scams Cost Millions: How to Spot 5 Warning Signs and Protect Yourself
In today's technology-driven financial landscape, artificial intelligence (AI) is redefining how people access information, manage money and make investment decisions. AI tools such as ChatGPT and Google Gemini are increasingly becoming alternatives to traditional search engines, offering instant answers to complex financial queries. While these technologies make financial research and decision-making more convenient, excessive reliance on AI without independent verification can expose users to significant risks. Scammers are exploiting AI to create convincing investment schemes, impersonate financial institutions, manipulate investors and execute sophisticated frauds, potentially resulting in substantial financial losses. An exclusive report published in Deccan Herald, a leading journal in India, highlighted disturbing AI-powered financial fraud data from the Home Ministry. Over 53.87 lakh cyber fraud complaints were registered on the National Cybercrime Reporting Portal between fi
New Crypto Scam Alert? Trader Claims Loss After Using TAEVEX Platform
A new cryptocurrency scam allegation has emerged involving online trading platform Taevex.
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