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If there was ever a forex scammer to be alert of, Profit Trade emerges as the first one. The Bulgaria-based forex broker has been annoying investors by denying their withdrawal requests, suspending their account without any reason, and unfulfilled promises.
In this article, we will conduct a comprehensive examination of FXBTG, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
Online trading is growing fast, but so are the risks. It's more important than ever to choose brokers that are transparent, regulated, and trustworthy. One broker raising concerns is CORSA FUTURES. According to WikiFX, a platform that checks broker credibility, CORSA FUTURES has a very low score of 1.29 out of 10. This low rating suggests serious issues with the broker's trustworthiness. Keep reading to learn more about this broker
If you know a bit about forex trading, then you must have heard of candlestick charts, also known as K-line charts. Candlestick charts are a widely used technical analysis tool in the stock and forex markets, popular for their clear graphics and intuitive delivery of information.
MQL5 Programming for Traders book by Stanislav Korotky now available in Spanish, Chinese, English & Russian. A must-read guide for MetaTrader 5 algorithmic trading.
If a reputable UK regulator, Financial Conduct Authority (FCA), issues a warning about unlicensed brokers, you must take it seriously. Whether you're a trader or an investor. Here's a list you can checkout below. Be cautious and avoid getting involved with these scam brokers.
Exchange rates are constantly changing; they fluctuate based on trading volume, market sentiment, and several other factors. These fluctuations can raise concerns for you if they don’t turn out as expected. That’s why many like you are resorting to a cover rate forex strategy to hedge against currency fluctuations. Read on to learn more about it.
EC Markets forex broker opens a new Mauritius office, boosting its global reach and offering MT4/MT5 platforms in Africa's growing trading hub.
The bullish engulfing candle appears at the bottom of a downtrend and indicates a surge in buying pressure. The bullish engulfing pattern often triggers a reversal in trend as more buyers enter the market to drive prices up further. The pattern involves two candles with the second candle completely engulfing the body of the previous red candle.
The MFSA warns that Digital Market Mining is a fraudulent clone of Alchemy Markets Ltd. Learn how to identify financial scams and protect your investments.
Zero spread accounts offer traders the opportunity to execute tight, cost-efficient trades. By eliminating the traditional bid-ask spread and charging a small commission per lot, these accounts suit scalpers, high-frequency traders, and strategy-focused investors. In this article, we offer five regulated brokers with strong WikiFX scores. These brokers provide traders with zero-spread accounts.
Alchemy Markets empowers traders to trade forex directly from TradingView charts via its new integration, targeting Gold Broker status in Europe by 2025.
Forex trading is inherently risky. Among the many metrics traders use to evaluate and manage risk, drawdown in forex trading stands out as a critical indicator of portfolio health.
Forex settlements are complex—and missteps can cost millions. This guide breaks down CLS, the global standard in FX settlement, so you can reduce risk and streamline cross-border transactions.
SevenStar FX is a low-rated broker. When you search online, you will find tons of overly positive reviews about this broker. Strangely, there is almost no negative feedback anywhere, which is unusual. It makes us wonder: how can a forex broker with no proper regulation have such a perfect reputation? In this article we exposed the red flags of this broker.
Think your company’s forex strategy is under control? Think again. Even large organizations fall prey to hidden currency risks that can quietly eat into their margins. From overlooked exposures to outdated strategies, here are the top five forex risk management errors businesses make—and how to avoid them.
Learn how to maximize your profits with free forex trading bots, set them up easily, and avoid common mistakes that can cost you big in automated trading.
A regulated broker is one that operates under the supervision of a recognized financial authority, such as the SEC (Securities and Exchange Commission), FCA (Financial Conduct Authority), ASIC (Australian Securities and Investments Commission), among others. There are six key benefits that explain why you should always go with a regulated broker
Fusion Trade is a broker based in the Netherlands that you should avoid. If you're not careful, you could lose your money in a scam run by this fake broker. This article will expose the scam of the broker and make you Fraud Alert. Read this article and stay away from Fusion Trade .
Confused about how to track your forex profits? The secret lies in the charts—and we’re here to decode them for you.