Trading Provider Infinox Generates UK Revenue of £17.1m as Institutional Division Doubles
Founded in 2009 and headquartered in the City of London, INFINOX Capital Ltd enables sophisticated private investors to trade a full range of asset classes, from forex to equities and commodities.
Crypto exchange Binance to halt sterling transfers
Binance is halting its sterling deposits and withdrawals, a company spokesperson said on Tuesday, a month after the crypto exchange ceased dollar transfers.
FCA Scolds Payment Firms over 'Lack of Controls'
The regulator said some firms are posing "unacceptable risks" to customers. FCA has also seen evidence of "elevated fraud rates" among some firms.
Scam Alert: Be Careful With Your Investment in FxMarket365
While working with a reputable broker increases the odds of your success, signing up with a dubious one can turn your trading experience into a nightmare.
Keep Away: Mastertradeplusfx is a Scam Broker
Since trillions of dollars change hands on the foreign exchange market daily, it becomes highly intriguing to scammers.
FXVC Applied the Cancellation of its CIF License of CySEC
Recently, WikiFX learned that FXVC has decided to voluntarily renounce its CIF license (238/14) of CySEC to operate as an investment firm.
ZuluTrade Pushes the Boundaries of Social Trading
So, what sets ZuluTrade apart from similar players? Apart from the ease of use and transparency, the tech-driven financial firm takes pride in introducing the concept of social wealth management to the trading space.
Dollar gains in safe-haven buying as Credit Suisse sparks wider banking fears
The dollar rose on Wednesday on safe-haven buying after Credit Suisse’s stock tumbled following the disclosure of “weaknesses” in its financial reporting that renewed investor concerns that a full-blown global banking crisis may be brewing.
FTX transferred $2.2 billion to Bankman-Fried via related entities, new managers say
Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion to company founder Sam Bankman-Fried through related entities, the company’s new management said.
Fxview Obtains Full FSCA Licence
Global brokerage and Finvasia Group financial firm Fxview attains regulatory approval from the Financial Sector Conduct Authority (FSCA) to provide financial services in South Africa.
Can Bitcoin Behave Like Gold?
It’s known that bitcoin enthusiasts are fond of calling the cryptocurrency “digital gold”, which expresses their faith that it’s able to function as a value preserver in the same way that gold has traditionally done.
CySEC Supervised 837 Entities and Imposed €2.9 million Fines in 2022
CIFs represent the majority of licensed and sanctioned entities. CySEC's oversight extends to two new types of companies: crowdfunding and PEPP.
Retail Investors Calm after SVB Collapse, Spectrum Markets’ SERIX, Finds
The findings are based on sentiment towards NASDAQ 100 and S&P 500. In the US, bank stock prices tumbled on Monday but rebounded the following day.
Why an Increasing Number of Brokers Replace their Current Provider with the iTech Software
iTech Software offers a powerful alternative to the existing trading platforms.
Regulators Warn Clients to Avoid Trading with FXGiants
Has your broker scammed you? If so, you are not alone. While there are many legitimate financial intermediaries in the forex market, scammers also exist in abundance. Today, we discuss FXGiants to help you know if it is worth signing up?
Scam Alert: Hehuan Global is still Scamming in the Forex Market
Recently, WikiFX has received several complaints about the unlicensed forex broker, Hehuan Global.
WTI exposes to $75.00 as China struggles to show reopening-inspired recovery
West Texas Intermediate (WTI), futures on NYMEX, have slipped below $75.50 in the Asian session. The oil price has resumed its downside journey as the optimism among market participants regarding China’s economic recovery after the rollback of lockdown curbs is fading dramatically.
EUR/JPY bounces off two-week low to regain 144.00, BoJ’s Kuroda, ECB’s Lagarde in the spotlight
EUR/JPY renews its intraday high near 144.40 as Tokyo opens for the key Friday. In doing so, the cross-currency pair reverses the previous day’s losses while picking up bids from a two-week low amid a cautious mood ahead of the Bank of Japan (BoJ) Monetary Policy announcements.
GBP/USD marches towards 1.1950 as investors ignore aggressive Fed bets, UK data in focus
The GBP/USD pair has comfortably shifted its business above 1.1950 in the Asian session. The Cable is looking to stretch its recovery towards 1.1950 amid the absence of sheer anxiety among investors for the United States Nonfarm Payrolls (NFP) release.
EUR/USD bulls poke 1.0600 as mixed US data test Fed hawks, US NFP, ECB’s Lagarde eyed
EUR/USD picks up bids to extend the mid-week recovery from a two-month low, up 0.16% intraday near 1.0600 during early Friday. In doing so, the Euro pair cheers the broad weakness in the US Dollar ahead of the key US employment report for February, as well as a speech from European Central Bank (ECB) President Christine Lagarde.
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