ASIC revokes AFS licence of Woodsdale Corporation Pty Ltd The Australian Securities and Investments Commission (ASIC) today announced the revocation of the Australian Financial Services (AFS) licence of Woodsdale Corporation Pty Ltd, which was granted an AFS licence on 9 July 2002 with licence number 220133. The official announcement stated that ASIC made the decision…
About A-book and B-bookTo understand what A-book and B-book brokers are, we must first understand A-book and B-book. A-book and B-book refer to the way that brokers distinguish and separate their clients based on the degree of risk associated with each clients order. There is no exclusive A-book forex brokerage or B-book forex brokerage.About A-book…
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Online forex trading is relatively new in Nigeria and there are no specific rules or requirements regulating this activity. Therefore, the Association of Online Forex Trading has been formed to work closely with the Central Bank of Nigeria (CBN) to monitor and regulate this market. At present, it is better to choose an international forex…
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About STC TradeSTC Trade is registered in Canada. This broker has experience of 2 to 5 years. And it offers a variety of financial instruments to its global clients. And we can see that the main market for this broker lies in Asia.Unavailable websiteAs we know so far, STC Trade‘s British website (https://en.stcforex.com/) is unable…
The Federal Financial Supervisory Authority (BaFin) of Germany has cautioned that people posing as employees of the Financial Conduct Authority (FCA), the UK’s financial watchdog, are contacting small investors.These con artists claim to be able to assist you to recover your stolen funds, but they want you to transfer them a large sum of money…
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The Vanuatu Financial Services Commission (VFSC) is requiring offshore brokers to set up a physical office in the jurisdiction; those who do not meet this requirement will have their license revoked by the VFSC. The new rules will take effect on October 16. Additionally, offshore brokers are required to appoint a local manager and director….
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Recently, DBGMarkets Dunbo has suffered from it. The same logo, similar domain name, plagiarizing website content, stealing regulatory information, defrauding the account opening background of the platform, do not register. How to identify genuine brokers?All this is done in a decent manner. This kind of fraud is hard to guard against. How can our traders…
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It has been verified that this broker currently has no valid regulatory, please be aware of the risk! VonWay is surprisingly open about its offshore location. The broker seems to be proud of its Saint Vincent and the Grenadines registration. There is nothing to be cocky about here. This location is offshore for a reason….
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The only reason you would want to trade certain times of the day is if you are a scalper looking for short term trades either at market opens or during significant news events. Worldwide Forex Markets HoursThe forex is fully electronic and open somewhere in the world between 5 p.m. Sunday and 5 p.m. Friday…
The Securities Commission Malaysia (SC) has recently updated its Investor Warning List, which includes unauthorized websites, investment products, companies and individuals. “Please note that this list is not complete and is provided for investors’ reference before making an investment decision,” the regulator stressed. The latest additions to the warning list are: Syed Arjuna Binary Telegram…
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