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Abstract:The holiday season has prompted online brokerage platforms to introduce enticing Christmas promotions, offering traders exclusive opportunities. In today’s article, we will introduce you two brokers that are offering special offers in Africa, especially in Nigeria. Check them out if you are interested.
The holiday season has prompted online brokerage platforms to introduce enticing Christmas promotions, offering traders exclusive opportunities. In todays article, we will introduce you two brokers that are offering special offers in Africa. Check them out if you are interested.
HFM
HFM is giving away $5000 this festive season! Enter its Festive Guess and Win Contest, exclusively available to users of the HFM App, for your chance to win one of FIVE $1000 cash prizes!
HFM on WikiFX
M4Markets
M4MARKETS is thrilled to kick off the end of the year with an electrifying opportunity designed exclusively for clients at M4Markets! Starting from December 1st until December 31st, 2023, this broker presents the M4Markets Year-End Trading Challenge, offering traders the chance to win an $3,000.
M4Markets on WikiFX
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
As Nigeria's foreign exchange reserves gradually decrease, the value of the Naira in the foreign exchange market continues to decline, and the exchange rate of the Naira against the US dollar has been consistently dropping, becoming one of the major challenges facing Nigeria's economy.
A 37-year-old project manager lost over RM138,000 to an investment scam after being lured by promises of 20% returns. The victim was deceived by a fraudulent caller posing as a bank employee and transferred funds through 30 online transactions. The scam involved a mule account, leading to an investigation under Sections 420 and 424 of the Penal Code. Authorities urge the public to verify investment opportunities with trusted organizations to avoid similar schemes.
On 21 January, 2025, the Financial Conduct Authority (FCA), the UK's primary financial regulator, expanded its warning list to include 10 additional unregulated forex brokers. The FCA warning lists, updated on a daily basis, remain an important tool intended not only to protect consumers but also to alert the financial services industry. When an FCA warning emerges, it signals red flags like unsolicited investment pitches, promises of unrealistic returns, or pressure tactics. The addition of these 10 new entities comes amid growing concerns over the rise of unauthorized forex trading platforms, particularly those operating through overly complex online interfaces yet riddled with bugs and aggressive social media marketing campaigns. Let's catch a glimpse of those on the list.
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