Commonly Traded Instruments in FX and Crypto Industries
In the dynamic realm of online trading, the variety of instruments available to traders is vast. From traditional forex pairs to emerging cryptocurrencies, understanding the commonly traded instruments can enhance your trading strategy and broaden your investment horizons. Here, we delve into the most popular instruments in the forex and cryptocurrency markets, exploring their unique characteristics and the opportunities they offer.
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Axi Launches Biggest Global Trading Contest
Axi, a leading online FX and CFD broker has launched the largest worldwide trading competition in 2024, with a total prize pool of $250,000 USD.
LMAX Group Expands FX Suite: Introduces Non-Deliverable Forwards
LMAX Group, a provider of institutional trading venues for foreign exchange (FX) and digital assets, has substantially enhanced its FX product suite with the introduction of Non-Deliverable Forwards (NDFs), addressing the escalating demand for such instruments, notably in the Asia Pacific region.
US Cracks Down on 2021 Evolved Apes NFT Fraud
The United States Attorney's Office for the Southern District of New York announced today that three individuals have been charged in connection with a non-fungible token (NFT) rugpull from 2021, known as Evolved Apes.
WikiFX Launches VPS-Powered Trading Chart for Trading Analysis
Discover WikiFX's new VPS-powered trading chart for enhanced trading analysis. Learn about its benefits and how it can improve your trading experience.
Malaysian Retiree Lost RM5 Mil to Investment Scam
A Malaysian retiree lost nearly five million ringgit after being deceived into investing her life savings in a fraudulent scheme.
5 Common Mistakes Every New Trader Makes
Hey, you're the one who is thinking about entering the forex market. Then be cautious; avoid the following common mistakes that every beginner makes.
Binance Resumes Mastercard Crypto Payments Amid Legal Challenges
Binance can once again allow Mastercard users to purchase cryptocurrencies after addressing rigorous controls and processes required by Mastercard.
US jobs surge casts doubt over interest rate cuts
US employers added 272,000 jobs in May which was far higher than economists expected.
Fatal bear attack a first in California history
A woman found dead in her home was initially thought to have died before the animals arrival.
Fintech Elevate Secures $5M to Empower Filipino Freelancers
Elevate secures $5M to launch FDIC-insured dollar accounts for Filipino freelancers, ensuring secure and efficient financial services.
From Forex to Prop Trading: Traders Trust Introduces TradingCult
Cyprus-based Traders Trust has joined the growing trend of forex and contracts for differences (CFDs) brokers entering the prop trading market. The retail broker has now launched its prop trading services under the new brand, TradingCult.
FBS revamped its mobile trading app
FBS, a leading worldwide broker, redesigned its mobile trading app. The new FBS app is intended to transform into an all-in-one trading platform. Everything is at the user's fingertips, from registration and account setup to placing and closing orders and managing finances. The upgraded application is available for Android and iOS users.
ASIC Cancels AFS License of XTrade.AU Due to Client Misconduct
ASIC cancels XTrade.AU's AFS license after findings of client exploitation and regulatory breaches, leaving the company under review by AAT.
Exposing Belloofx: A Warning to Traders
Belloofx, a purported trading platform, has been accused of scamming its clients. Farooq, a 43-year-old trader from Pakistan, has come forward with a detailed account of how he was defrauded by this unscrupulous broker. This article aims to highlight his experience and warn other traders about the potential dangers of trading with Belloofx.
Crypto Scam Crackdown: Israelis Extradited to Germany Over €1 Billion Fraud
Numerous Israelis have been extradited to Germany on charges related to cryptocurrency and binary options scams that defrauded victims of roughly 1 billion euros over a span of five years.
ASIC Warns of Fake Ads and Cold Calls Using Its Logo
ASIC alerts consumers to scams misusing its logo on social media. Beware of fake investment ads, cold calls, and Telegram impersonations.
Charles Schwab Brings US Fractional Shares to UK Market
Charles Schwab launches Schwab Stock Slices in the UK, making US fractional shares available to retail investors with $0 commission.
Mellifera Introduces AI Fraud Detection Platform
Mellifera officially offers its AI fraud detection Platform, which leverages the most recent advances in artificial intelligence (AI) and machine learning (ML) to improve fraud protection.