Discover how fraudsters have duped investors with guaranteed forex return schemes in this guide. Read, stay alert and informed before investing.
A novice trader from Malaysia was defrauded by a clone of the regulated broker OctaFX. He lost RM1,000 (Malaysian currency) on Telegram after encountering scammers posing as OctaFX.
The State Bank of India (SBI) recently issued a public warning against "too good to be true" offers, sponsored advertisements, and messages circulating on social media and various platforms. These fraudulent schemes claim to offer stock market tips, investment advice, or privileged financial information under the false guise of association with the State Bank of India (SBI).
Oh! Another forex scam news has emerged, hitting millions worldwide, including Indian investors. The culprit - Gulf First Commercial Brokers, a UAE-based brokerage firm.
U.S. consumer prices rose at a slower-than-expected annualised rate in May, despite market concerns that President Trump's aggressive tariff policies could impact inflation.
Danske Bank (CSE:DANSKE) now expects the European Central Bank to cut interest rates by another 25 basis points in September, bringing the margin rate down to 1.75%, and has scrapped its previous expectation of a rate cut in July.
WikiFX is committed to enhancing transparency and security in the forex industry through technological means and publicly available data. We firmly believe that fair information disclosure and a scientific evaluation system can genuinely safeguard investors’ rights and boost the healthy development of the industry.
JustMarkets Wins FMAS:25 Awards, Leading the New Wave of Trading in Africa!
The black money trail from illegal forex trading activities is deepening its roots across India. Let's find out some latest forex scam stories.
The Enforcement Directorate accused, OctaFX, a forex trading platform, of an INR 800 crore scam through its investigation. But are ED's claims true? Let's find out!
With revoked licences, misleading regulatory claims, and a dangerously low WikiScore, Weltrade may be exposing unsuspecting traders to far more risk than they realise. Here’s what every investor needs to know.
In today’s fast-paced foreign exchange (forex) market, milliseconds can mean the difference between profit and loss. With global daily trading volumes exceeding $6.6 trillion and high-frequency trading accounting for more than half of all transactions, technology has become the frontline weapon of serious traders. Recognising this, WikiFX has launched its cloud-based Virtual Private Server (VPS) service, now available for free to users worldwide.
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Global has introduced the Broker Growth Sharing Campaign, which will run from June 11 to July 9, 2025. Read on to know how you can participate in it to unleash global business opportunities.
2025 AMarkets review: Unregulated broker with mixed user feedback, offering diverse accounts & high leverage. Explore risks, server performance & reviews at wikifx.com. Trade wisely!
One broker currently raising red flags within the trading community is Fxonet, a forex trading platform registered in Comoros. Despite presenting itself as a legitimate option for traders, several warning signs suggest that Fxonet may not be a trustworthy broker.
When choosing a forex and CFD broker, it's crucial to compare key aspects such as regulation, trading platforms, account types, fees, and customer support. Both ZFX and HYCM are reputable brokers with high scores on WikiFX, indicating their reliability. This article provides a side-by-side comparison to help you determine which broker aligns better with your trading needs.
Explore the 2025 Weltrade broker review. Assess its licensing, performance, and user feedback to determine if it's a scam or trustworthy. Get insights now!
Recently Spain’s financial regulator, National Securities Market Commission (Comisión Nacional del Mercado de Valores, CNMV), issued warning to nine unauthorized forex brokers.
A fraudulent investment scheme, falsely presented as a government-backed program, has been exposed. The scam encouraged people to deposit ₹21,000 with the deceptive promise of earning ₹1 million every month. Branded as "Google Invest," the operation used deepfake videos showing Google CEO Sundar Pichai seemingly promoting the initiative as a legitimate government effort.