Forex Brokers in SingaporeSoutheast Asia is a well-known region for its importance in the economy and a recent world’s trading hub, while its one of the leading Forex centers – Singapore. Overall, Singapore operations show large daily trading volumes, that made it one of the leading Financial world centers, which constantly growing and therefore attracting…
Ocean Markets is a broker that claims to have a 13-year history on the European markets while actually having no legal documentation to show for it. It also states that it has partnered with HSBC (a British bank, the second largest bank in Europe) which is a blatant lie as Ocean Markets is an offshore…
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Keep Silence to FX Scams? NO! These Scams Need to Know The Point-Spread Scam in the PastThe bid-ask spreads were manipulated by computers in an old point-spread forex fraud. The point gap between the bid and ask represents the commission paid by a broker in a back-and-forth transaction. The spreads between currency pairings are usually…
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Recently, the FXVC platform has voluntarily relinquished its CySEC license in Cyprus and announced that it will no longer provide/carry out investment services or conduct commercial transactions from March. According to the FXVC website, FXVC has voluntarily decided to give up its CySEC CySEC CIF license number 238/14 from January 20, 2022, and has stopped…
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TorOption is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, never monitored in terms of its safety and simply may operate the business in any…
The broker witnessed two consecutive record months in 2022. The number of active clients on the platform also touched record. The Cyprus-headquartered retail forex and contracts for differences (CFDs) broker has been seeing a flood in demand for trading activities for a while now. It has become one of the very few retail forex brokers…
Read More “Exness Sets Another Record, February Trading Volume Hits $1.59T” »
About OctaFXFounded in 2011, OctaFX is part of a group of global entities, which include Octa Markets Incorporated (based in Saint Vincent and the Grenadines) and Octa Markets Cyprus Ltd (based in Cyprus). Is OctaFX Safe?OctaFX is considered high-risk, with an overall Trust Score of 66 out of 99. OctaFX is not publicly traded and…
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Recently, the Securities Commission of Malaysia (SC) has exposed several black platforms, including unauthorized websites, investment products, companies and individuals. Among them, most of the platforms made false statements in publicity, abused the supervision of the Malaysian SC, and even publicized for a short period of time. Get high profits, including false advertising that earns…
Recently, the Securities Commission Malaysia (SC) has updated its investor warning list, which includes unauthorized websites, investment products, companies and individuals. The regulator also emphasized that this list is not complete and is only for investors’ reference before making an investment decision. The latest additions to the warning list are: Financial Binary PSMTrade Potential clone…
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LiteForex BrokersFounded in: 2005 yearOffices in the country: Vietnam, Indonesia, Cyprus, Kyrgyzstan, Malaysia, PolandMinimum Deposit: 10 $Website languages: English, Arab, Indonesian, Spanish, Italian, Chinese, Malay, Deutsch, Polish, Portuguese, Russian, Thai, FrenchExecution model: ECNDeposit currency: USD, EUR, CHF, RUBSupport languages: English, Indonesian, Malay, Portuguese, RussianMobile trading: iOS, AndroidTypes of offered accounts: Unlimited Demo Accounts, Standard Accounts,…
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