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Abstract:Looking back at the past year, Whether it’s checking the credibility of brokers or browsing the latest forex news, WikiFX has become your indispensable and reliable assistant.
Looking back at the past year,
Whether its checking the credibility of brokers or browsing the latest forex news,
WikiFX has become your indispensable and reliable assistant.
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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.
In recent years, a new breed of retailer-focused trading firms has emerged: proprietary (prop) trading outfits that recruit individual traders to trade the firm’s capital under structured rules. Boasting low entry costs, clear risk parameters, and profit-sharing incentives, these prop firms are rapidly winning over retail traders, many of whom previously traded Contracts for Difference (CFDs) with established online brokers. As prop trading revenues accelerate, a key question arises: Are CFD brokers losing business to prop firms?
The yen's breakout above the 140 mark has caught global attention, and the reasons behind it are more than technical.
Malaysia’s police are stepping up their investigation into the MBI investment scam, a multi-billion ringgit fraud that has dragged on for nearly a decade. The Royal Malaysian Police (PDRM) is now planning to arrest another prominent figure with the title ‘Tan Sri’, following recent arrests and major asset seizures.
The Financial Industry Regulatory Authority (FINRA) has imposed a $300,000 fine on SpeedRoute LLC for a series of supervisory, risk management, and anti-money laundering (AML) program deficiencies spanning from 2017 to the present. Of this amount, $75,000 is payable to FINRA, with the remainder offset by SpeedRoute’s limited ability to pay. In addition to the monetary penalty, SpeedRoute has been censured and ordered to overhaul its compliance framework, including enhancing its written supervisory procedures (WSPs) for market access controls and strengthening its AML program.