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Why Do Experienced Traders Care About Forex Spreads?
In Forex trading, even small fluctuations can make a significant difference, especially over the long term. One crucial factor that seasoned traders pay close attention to is the spread – the difference between the bid (selling) price and the ask (buying) price of a currency pair. While beginners may overlook its impact, experienced traders understand that spreads play a crucial role in trading costs, strategy selection, and overall profitability.
Octa Survey Reveals: Most traders are engaged in charity
The well-known broker, Octa recently conducted research covering hundreds of traders in several countries, including Indonesia, Malaysia, Nigeria, and South Africa. Octa’s research revealed that most Traders Donate to Charity.
How Useful is Reviewing Last Year's Data for Trading Analysis?
Analyzing last year's trading data offers invaluable insights into market trends, helps refine trading strategies, and enhances decision-making for future trades.
Beginner 101: WikiFX’s Guide on How to Choose the Right Broker
For new traders entering the world of forex, choosing the right broker is one of the most crucial decisions they’ll make. A reliable broker can serve as a trusted partner, providing a platform that’s secure, transparent, and regulated. However, with thousands of options available, selecting the right broker can be overwhelming. That is why WikiFX is here to make things easy for you!
Octa partnered with "Keeping it Real" Foundation to help Nigerian women
Octa, a well-known broker, partnered with the Keeping It Real Foundation (KIR) to help Nigerian women improve their business skills in celebration of their 13th anniversary.
Trading is Not Gambling—Unless You Make It So
In the world of online trading, a common misconception persists: trading is often seen as no different from gambling. This belief is particularly prevalent among newcomers, who may view the financial markets as a fast-paced game where winning is just a matter of luck. But trading, when done correctly, is far from mere chance!
JPMorgan Expands Rapid Forex Settlements with JPM Coin Blockchain
JPMorgan to offer instant USD/EUR settlements via JPM Coin, with plans to include GBP. Blockchain tech aims to streamline forex for fintech firms.
Polish Financial Regulator Issues Warning on Crypto.com
The Polish Financial Supervision Authority (KNF) has recently issued a cautionary warning regarding Foris DAX MT, the Malta-based entity operating under the Crypto.com brand
FCA Convicts 2 Individuals from CCX Capital & Astaria Group in £1.5M Crypto Scam
The Financial Conduct Authority (FCA) recently secured convictions against Raymondip Bedi and Patrick Mavanga, from CCX Capital and Astaria Group respectively, for orchestrating a £1.5 million investment fraud that affected over 65 investors between February 2017 and June 2019.
Saxo Singapore Discontinues SaxoWealthCare and SaxoSelect
Saxo Singapore will discontinue SaxoWealthCare and SaxoSelect by December 2024, advising clients to withdraw funds and offering alternative investment options.
FINRA Imposes $115,000 Fine on Spartan Capital Securities Over Compliance Failures
Spartan Capital Securities, LLC, a brokerage firm, has agreed to a settlement with the Financial Industry Regulatory Authority (FINRA), which includes a fine of $115,000, a censure, and the requirement to retain an independent consultant.
SEC Seeks to Dismiss Kraken's Defenses in Legal Case
The SEC intensifies legal action against Kraken, arguing the exchange operates as an unregistered securities platform. Kraken fights back with multiple defenses.
India's Ola Electric's Q2 loss narrows, says most service issues 'minor'
CompaniesOla Electric Mobility Ltd Follow SoftBank Group Corp Follow Nov 8 (Reuters) - Ola Electri
Naga Group Appoints Mike Tyson as its Brand Ambassador
NAGA collaborated with boxer Mike Tyson for its campaign "NAGA: Your Go-To App for Everything Money." Mike Tyson filmed a promotional video with the broker.
Ambani's Reliance lobbies for India satellite spectrum auction in new clash with Musk's Starlink
CompaniesAmbani Orgochem Ltd Follow Bharti Airtel Ltd Follow Mukesh Ambani Follow Show more companie
Caroline Ellison Begins Two-Year Sentence for FTX Scandal
Caroline Ellison, former CEO of Alameda Research, begins a two-year prison sentence for her role in the FTX fraud, following her guilty plea and testimony.
TradingView Expands to Include Irish Stocks from Euronext Dublin
TradingView adds Irish stocks from Euronext Dublin, broadening access to 30 companies, including Ryanair and Kerry Group.
After Trump's win, Advisors cautioned Indian firms to be wary of forex risks
The people of the United States made the decision. Donald Trump, the Republican Party candidate, is now the 47th President of the United States. But Trump's victory has some negative consequences.
Daman Markets collaborates with Dubai Racing Club
UAE-based, Retail broker Daman Markets, which is a branch of the brokerage firm Daman Securities announced its partnership with the DRC for the 2024 – 2025 season.
CySEC Extends Suspension of CIF License for FTX (EU) Ltd Until May 2025
The Cyprus Securities and Exchange Commission (CySEC) has announced an extension to the suspension of the Cyprus Investment Firm (CIF) license held by FTX (EU) Ltd. This decision follows a series of prior announcements from CySEC dating back to November 2022 and most recently updated on April 16, 2024
Latest News
Beginner 101: WikiFX’s Guide on How to Choose the Right Broker
WikiFXWhy Do Experienced Traders Care About Forex Spreads?
WikiFXHow Useful is Reviewing Last Year's Data for Trading Analysis?
WikiFXOcta Survey Reveals: Most traders are engaged in charity
WikiFXBitcoin Surges Past $80,000 as Trump Backs Crypto in the USA
WikiFX