The UK Financial Services Compensation Scheme (FSCS) has confirmed that 12 firms were declared in default in the period from 1 December 2021 to 31 January 2022. The firms declared in default have gone out of business and FSCS believes they are unable to meet any claims themselves. This means that any customers who are…
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The United States Securities and Exchange Commission (SEC) is looking into revoking the registration of securities of ParagonCoin Limited for the protection of investors. ParagonCoin is a stricken Gibraltar corporation with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). ParagonCoin is delinquent in its periodic filings with the SEC,…
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Moscow Exchange (MOEX) announces that, on 15 February 2022, deliverable futures contracts on stocks of eight Russian companies will begin trading on the Moscow Exchange Derivatives Market. The new instruments will improve diversification and portfolio management opportunities for both retail and institutional investors. The contracts will be on the following stocks: Gazpromneft, Samolet Group, Detsky…
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Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to five new websites that abusively offer financial services. The websites belong to entities offering FX, CFD and crypto trading, which do not have the necessary licenses but target Italian investors. The websites affected by the latest set of Consob orders are: Tryst…
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Established global forex broker, HYCM, celebrates the 45th anniversary of its holding company, HYCM Capital Markets Group. The global corporation was founded in 1977 in Hong Kong and has a diverse portfolio of businesses in capital markets, financial services, investments, property, education, and charity. As part of the group, HYCM International shares its rich heritage…
What is XTrade?The broker XTrade firstly known as XFR Financial Ltd was established back in 2003, while recently headquarters in Cyprus and offering traditional trading through CFDs on shares, commodities, forex and indices.The company also continuously increases their ranges and add instant access to the most popular Cryptocurrencies that are available 24/7 directly through the…
Leading Nigeria-based multi-asset broker firm Kwakol Markets has announced its participation at the 2022 iFX EXPO, to be held between February 22 and 24 at Zaabeel Hall 6, Dubai World Trade Centre. The event is the biggest B2B fintech exhibition in the world, attracting global leaders and innovators from the financial industry. With over 17+…
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What is eToro?eToro was founded in 2006 by three partners, who aimed to create a financial trading platform suitable to the traders of all levels, offering easy and convenient trading tools. In fact, nowadays the parent company became the largest and one of the most popular brokers along with eToro social trading network that serves…
What OspreyFX isDue to its claimed, OspreyFX is an online foex broker that offers the trading service through the MT4 and MT5 platforms. The traders who invested in OspreyFX are provided with a leverage of up to 1:500. We have known that OspreyFX was registered in Saint Vincent and the Grenadines. However, Saint Vincent and…
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What is Forex Trading? Is Forex Legal in Malaysia? Can Forex Make Money? Today, let’s talk about the investment risks of foreign exchange and how to choose a foreign exchange trading platform. What is Forex TradingWhat is Forex Trading? Forex trading is the exchange of currencies of different countries. The foreign exchange market has no…
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