NFP: What It Is and How It Moves the Forex Market
The Non-Farm Payroll (NFP) report is one of the most important economic indicators in the Forex market. It shows the number of jobs added or lost in the United States, excluding the farming sector, government employees, and private household workers. The NFP is released on the first Friday of every month by the U.S. Bureau of Labour Statistics. Forex traders pay close attention to this report. It gives a clear view of the health of the U.S. economy
Who Are the Top FX Traders in Malaysia?
Several Malaysian traders have achieved notable success in Forex trading, each offering unique lessons. By analysing their journeys, aspiring traders can draw valuable insights while also recognising the potential pitfalls along the way.
Globe, CICC Warn of Phishing Scam Using Fake Rewards
Globe Telecom and CICC warn of a new phishing scam using fake reward points to steal personal, and financial info.
AvaTrade Secures Multi-Year Partnership with Red Bull Racing
AvaTrade partners with Red Bull Racing for exclusive 2025 sponsorship, debuting branding at the Abu Dhabi Grand Prix. Expanding to F1 Academy & team podcasts.
Forex Price Trend Prediction
Dear community friends, as Christmas approaches, we have prepared an exciting prediction activity for everyone — Forex Price Trend Prediction! From December 9 to December 30, showcase your market insights and predict the trends of Forex and commodities for the upcoming period! This activity not only enhances your market analysis skills but also offers the chance to win generous rewards!
PU Prime launches its Christmas promotion
PU Prime, a globally recognized fintech firm in trading and investment services, is spreading holiday cheer with an exclusive Christmas promotion. Designed to delight traders, this seasonal event offers a chance to win exciting rewards, including cash prizes, vouchers, and Amazon gift cards. The promotion runs from 1 to 31 December 2024, giving participants a month-long opportunity to make their holiday trading experience more rewarding.
From VIP to Victim: Man Loses RM444k in Fake SPDR Investment Scheme
A 53-year-old man lost RM444,000 after falling victim to a fraudulent online stock investment scheme. The scheme, linked to a WhatsApp group named “SPDR VIP35,” promised lucrative returns but ultimately left the victim in financial ruin.
Man Loses RM148,000 in an Online Investment Class & P Trade Mobile App
A 46-year-old civil servant recently fell victim to an investment scam, losing RM148,000 to a fraudulent scheme in Malaysia.
Vantage Marks 15th Year with $1500 Christmas Cashback Promotion
Vantage celebrates 15 years with "Christmas Cashback Galore." Earn up to $1500 in rewards this December. Join and start trading today to maximize earnings.
Do Introducing Brokers Always Act in Your Best Interest?
Introducing brokers (IBs) play a key role in the online trading industry. They connect traders with brokerage firms, offering guidance and additional services. However, questions often arise about whether an IB always acts in the best interest of their clients. This topic deserves careful examination, as it directly impacts traders' experiences and financial outcomes.
Trapped in SPDR’s Fake Investment Scheme | Teacher Loses RM811K
A 60-year-old kindergarten teacher in Kuching, Malaysia, recently fell victim to a fraudulent investment scheme, losing a staggering RM811,500. The scam, which was promoted on social media, operated under the name ‘SPDR Finance and Business College.’
Celebrate Christmas with WikiFX: Join Our Demo Trading Competition to Win Big!
The festive season has arrived, and WikiFX is here to make your Christmas even more special. We’re excited to announce an exclusive Demo Trading Competition designed just for you. This is your chance to showcase your trading skills, have some festive fun, and win amazing Christmas prizes.
Singapore Businessman Faces Trial in $1.1 Billion Investment Scam
A 37-year-old Singaporean businessman, Ng Yu Zhi, is currently on trial for allegedly orchestrating one of the largest investment frauds in the country's history. The scheme reportedly defrauded more than 900 investors of SGD1.5 billion (approximately US$1.1 billion) between 2016 and 2021.
Two Victims Lose Over RM660K in Investment Scams
Two individuals recently fell victim to fraudulent investment schemes in Malaysia, losing a combined total of RM660,000. Both cases highlight the persistent threat of online financial scams and the need for caution when engaging with unverified platforms.
Five Reasons Every Trader Needs WikiFX on Their Phone
In the fast-paced world of forex trading, staying informed is essential. Traders need reliable tools to make better decisions and avoid costly mistakes. WikiFX is one such tool that every trader should consider. This application offers a range of features designed to enhance trading safety and provide valuable insights. Here are five reasons why WikiFX is a must-have for traders.
StoneX Financial Secures General Clearing Membership with ECC
StoneX Group Inc. has announced that its subsidiary, StoneX Financial Limited, has been granted General Clearing Member (GCM) status by European Commodity Clearing AG (ECC).
easyMarkets Kicks Off the Start of Its Trade with the Champions Competition
easyMarkets has launched its Trade with the Champions competition. The event will run from 2 December 2024 to 15 January 2025. It is open to both new and existing traders, offering them a chance to compete and win prizes.
Philippine Peso Could Hit P60 in Early 2025, DBS Says
DBS forecasts the Philippine peso to hit P60 per dollar in early 2025, with factors like US monetary policy and Trump’s trade tariffs affecting the outlook.
MAS Imposes $2.4M Fine on JPMorgan Chase for Misconduct
JPMorgan Chase is fined $2.4 million by MAS for overcharging clients on OTC bond trades, misrepresenting spreads, and unethical actions by relationship managers.
CONSOB Extends Crackdown on Unauthorised Financial Websites
Italy’s Companies and Exchange Commission (CONSOB) has intensified its efforts to combat illegal financial activities, recently ordering the blocking of four additional websites providing unauthorised financial services
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