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Withdrawal of funds has always been one of the issues of great concern for investors.
A Malaysian investor recently reported that she was tricked into opening an account with Trade Option by an operator for clients and was prevented from withdrawing her funds.
Recently, Many platforms received a complaint from a user that he was experiencing difficulties withdrawing funds from AXECAP and Equinox Markets.
Inflation in the United States has not "turned the corner yet," and the Federal Reserve should not claim triumph in the battle against increasing prices, according to a senior IMF official in an interview with the Financial Times on Thursday.
Fraudulent brokers create false images of themselves by telling lies, one and another.
Regulation is one of the most critical factors that must be considered when you evaluate a forex broker.
SevenTrade24 claims it is a world-renowned financial forex broker, offering clients across the globe an opportunity to invest in over 1,000 world-class assets including forex, stocks, commodities and indices.
Making a profit as a trader is challenging, expecially when a broker works against you, it becomes nearly impossible to turn a profit.
The term "fixed income" refers to a broad category of investment vehicles that guarantee their holders a specific rate of return (interest or dividends) until the security's maturity date.
Analysts predicted that the US dollar would continue to fall further, and short traders have not been disappointed. Having said that, the dollar is holding its own versus the euro.
The information on the FCA's official website shows that USGFX UK (Union Standard International Group Limited) no longer has regulatory authorization from the FCA as of December 16, 2022.
In July 2022, We exposed the unlicensed forex broker BBanc, a broker operated by Primis LLC, and released news about the broker in August, warning traders to stay away from this dangerous broker.
With an average daily turnover of $6.6 trillion, the currency market is the most alluring spot for scammers to profit from their rob.
Successful forex trading begins with selecting a trustworthy broker.
Those who fall victim to investment scams often experience severe financial hardships.
Unregulated Forex brokers usually don't tell you they don't have any licenses, but use misleading information to imply that they are regulated and make you misunderstand.
Forex scams have long existed, and they will probably stay forever. Despite strict supervision, authorities struggle to get a complete hold of scammers.
If the forex market can provide investors with a fixed return, everyone would dash into the market and no one would like to work.
Recently, a Malaysian investor said that the Ponzi scheme Herzen is rampant in Malaysia and cheated many Malaysians.
Compared to legitimate companies, scammers are often hesitant to present their licenses, since they don't have any.