7 Common Mistakes Made by Indian Forex Traders
Forex trading has become very popular among Indian traders in recent years. Every month, thousands of new traders join this market. But sadly, majority of them lose their hard-earned money because of their common mistakes. Which are these mistakes? Read below.
What Does PrimeXBT's Offshore Regulatory Status Really Mean?
Understanding PrimeXBT's offshore regulatory status, its implications, and what it means for traders looking for transparency and reliability in their investments.
Five Unauthorised Brokers Warned by the FCA
UK’s watchdog, the Financial Conduct Authority (FCA), recently issued a fraud alert against brokers who are operating without a license but still offering financial services. The FCA has identified these scam brokers and is warning the public not to engage with them. Check out the names of those brokers below.
Prestige
Prestige is a precious metals dealer rooted in Hong Kong and has a global presence across the world and greater China. It provides the world renowned MetaTrader 4 platform for investors to execute trades, and offers low spread from 0.01 pips and zero commission to reduce trading costs.
FXView: A Closer Look at Its Licenses
When selecting a broker, understanding its regulatory standing is an important part of assessing overall reliability. For traders seeking to protect their capital, ensuring that a platform operates under recognised and stringent oversight can make all the difference. Keep reading to learn more about FXVIEW and its licenses.
FXPrimus Rolls Out 24/7 Synthetic Markets
Global broker FXPrimus has announced the launch of Synthetic Indices, which are engineered financial instruments that operate continuously and are designed to simulate real market conditions without being influenced by actual economic or political events. Will you try this out?
IQ Option-Overview of Minimum Deposit, Spreads & Leverage
IQ Option Broker was founded in 2016 and is registered in the UK. It offers a variety of trading instruments, including forex, stocks, cryptocurrencies, commodities, ETFs, and indices
Interactive Brokers Eyes Stablecoin Launch, Expanding Crypto Reach
Interactive Brokers explores launching its own stablecoin, aiming to enhance crypto trading, secure brokerage funding, and navigate US crypto regulations in 2025.
BGC Name Caught in Alleged Forex Scam
Several traders have recently reported issues involving the name of forex broker BGC. It is still unclear whether BGC itself is directly involved or if scammers are illegally using the company’s brand to trick victims. Either way, the losses are real, and the number of complaints is growing.
MGL FOREX-Overview of Minimum Deposit, Spreads & Leverage
MGL Forex is an unregulated broker, offering trading on forex, CFDs indices, oil, Uneth metals, cryptos, and CFDs with leverage up to 1:500 and spread from 0.1 pips on the MT4 and MGL Forex mobile app. The minimum deposit requirement is $50.
Dorman Trading-Some important Details about This Broker
DORMAN TRADING is a regulated broker, offering futures trading on Dorman Direct, ATAS, Barchart Trader, etc.
Maven
Maven claims to be a market-leading proprietary trading firm founded in 2010, specializing in the security market. Its license offered by Financial Conduct Authority (FCA) has been exceeded.
Point
Point trader group was registered in 2019 in Mauritius. It offers diverse trading instruments including Forex, Indices, Energies, Precious Metals, Commodities, CFDs, Cryptocurrencies, US Equities and Agriculture. However, this company is currently unregulated.
SHARE MART
SHARE MART is an Indian financial services firm founded in 1991. It provides a variety of products, including Equities, Commodities, Derivatives, Insurance, Mutual Funds and IPOs. However, SHARE MART has no regulations now.
Cobra Trading- -Overview of Minimum Deposit, Spreads & Leverage
Founded in 2023, Cobra is an online broker founded in the United States, focusing on equities and options trading. The minimum deposit is as high as $30,000. Cobra provides multiple platform choices, including DAS Trader Pro, Sterling Trader Pro, and TradingView.
Mitrade Adds Apple Pay and Google Pay to Appeal to Gen Z Traders
Mitrade has added Apple Pay and Google Pay as funding options for its Australian customers.
5 Best Forex Brokers in Singapore for 2025
Forex trading in Singapore has seen explosive growth in recent years. As a global financial hub, Singapore boasts one of the world’s deepest FX markets, regulated by the Monetary Authority of Singapore (MAS). To help you navigate this landscape, we’ve identified the five best MAS authorised brokers for 2025, ranking them by trustworthiness, platform features, and overall WikiFX score.
Investors Accuse Duttfx Markets of Scam: What You Should Know
Duttfx Markets has been tagged as a ‘Scammer’ for its illegal forex trading business. Investors have been complaining about this Comoros-based forex broker on several review platforms. Withdrawal denials, pressure to make more deposits, trading manipulation, and account blocking are some raging issues affecting investors here. Read this exposure story to find out the truth.
Fullerton Markets
FULLERTON is a trading platform founded in 2015, registered in Saint Vincent and the Grenadines. It operates without regulatory oversight and offers access to a diverse range of market instruments, including forex, metals, indices, commodities (crude oil), cryptocurrencies, and stocks. The platform supports high leverage of up to 1:500, with spreads starting at 0.1 pips. Trading is conducted on the MT5 platform. FULLERTON offers two specific account types: the Cent Account and the MAM Swap Free Account.
Univest Securities
Univest Securities is a boutique investment bank and securities broker-dealer based in New York. The firm offers a range of financial services, including investment banking, capital markets advisory, and brokerage services. It primarily caters to small- and mid-cap companies and provides services such as mergers and acquisitions advisory, private placements, and public offerings.
