What is forex? Forex (FX) is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another for…
Why Is 12Trader A Scam Forex Broker?
12Trader – A Quick Overview 12Trader (https://www.12trader.com/) is an offshore forex broker located in St. Vincent and Grenadines. The company provides trading services across multiple…
CME Group Fines StoneX $2,000 for Inaccurately Reporting Large Trader Position
US derivatives giant CME Group has fined StoneX Financial, Inc. (StoneX) $2,000 for violating CME Rules on reports of large positions. CME requires that clearing…
Is fxqmarket scam or Legit forex broker?
What is FXQMarket? FXQM is a forex broker. FXQMarket offers the MT4 and MT4 Desktop forex trading platform. FXQMarket.com offers over 60 forex currency pairs,…
FCA Blacklists:16 Unauthorized Brokers
The British Financial Behavior Regulatory Commission warned that 16 unregistered companies provide financial services or products in the UK without registered companies without financial regulatory…
What impact do forex brokers have on the market?
A forex brokerage is an entity that connects retail forex traders with the forex market. The Role of a Forex Brokerage A forex account, which…
Factors Affecting Exchange Rates in the Foreign Exchange Market
Several key factors can affect the forex market. Together, these factors form what we call fundamental analysis. Understanding the impact of these important factors helps…
broker Regulation: Is Pandora legit?
About Pandora The platform claims to provide foreign exchange, index, precious metal, cryptocurrency and other trading services. It is operated by Pandora Finance Co., Limited.…
In China, Futu and UP Fintech (Tiger Brokers) Are Facing Regulatory Action
China’s securities regulator said that two brokerage firms, Futu Holding and UP Fintech Holding, had engaged in illegal securities trading and would be required to…
Monfex review: alert! it is an Unlicensed FX Broker
While finding a legitimate broker is already challenging, the rising number of brokers makes things even more difficult. This article explains how scam brokers like…