Ukraine Expands Foreign Currency Purchase Limits
Ukraine's central bank announces major currency liberalization, raising limits on foreign exchange purchases and hryvnia cash withdrawals to boost investor confidence.
News
Global Broker Regulation Inquiry App
About WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
اردو
Yen Intervention Rally Unravels Ahead of Pivotal RBA Call
The yen has surrendered nearly half the gains from the rare US-Japan currency intervention announced on 31 July 2026, drifting back to around 158.50 per dollar. As the RBA's 11 August policy decision approaches, strategists see the Australian dollar poised to retest 35-year highs against the yen, with rate differentials overshadowing Tokyo's market-smoothing efforts.
News
What is Forex? A Beginner’s Guide to the Global Currency Market
This beginner-friendly guide explains the structure of the foreign exchange market, how currency pairs are quoted, the mechanics of spreads and leverage, and the risks involved. Through a step-by-step hypothetical trade, you'll see how leverage affects both profit and loss. The article also corrects common misconceptions, such as the belief that forex is a quick route to wealth.
News
Rupee Holds Ground as Fed Bets Fade and RBI Steps In
The Indian rupee opened near 95.14 to 95.16 against the dollar on August 10, 2026, supported by fading US rate hike bets after a surprise drop in American payrolls and by the RBI's repeated currency market interventions. Brent crude rose to $84.50 but remained well below its $100 peak, as Iran-Oman talks on reopening the Strait of Hormuz reached a final drafting stage.
News
EmiraX Markets Review 2026: Profits Show on the Dashboard - But Can Traders Actually Withdraw Them?
EmiraX Markets, a Comoros-based brokerage firm, is constantly receiving criticism from users worldwide, including those in Indonesia, Malaysia and Hong Kong. These users have reportedly accused the broker of holding their withdrawals without any reason. While some users claimed that profits were shown on the dashboard, while attempting to withdraw them, they were allegedly denied by the trading enterprise. In this EmiraX Markets review 2026, we have examined user allegations against the brokerage firm.
Exposure
How to Start a Forex Broker in 2026: Build the Operating Model Before You Buy the Platform
A forex brokerage launch can look like the fastest route to a modern branded trading environment, but a fast launch is not the same as a controlled launch. This 2026 broker guide explains what the broker platform is, where a technology provider broker solution can sit in a wider operating stack, and how to evaluate the difference between a white label, a server license, and a connected CRM or Client Office setup. It also unpacks broker startup costs beyond the monthly headline, including implementation, integration, support, data, governance, migration, and exit assumptions. Use the practical questions, workflow tests, comparison table, and launch checklist to assess a technology provider without mistaking a feature demo for evidence that your brokerage can run the service safely at scale.
News
Rupee Nears 95.15 as RBI Cushions Oil Pressure: What India FX Traders Should Watch Now
India's rupee is expected to open near 95.14-95.16 per US dollar after closing at 95.2075 on Friday, while Brent crude was quoted at $84.50 and RBI market presence supported the currency. This report separates a reported market intervention from a fixed exchange-rate target, explains why oil, US employment data and Federal Reserve expectations matter, and gives a practical risk checklist for forex trading India. It also explains why volatility is not a reason to trust unverified online forex trading platforms.
News
SECP Refers Blink Capital to FIA Over Rs446.6m Alleged Fraud
The SECP has referred Blink Capital Management to the FIA after an investigation concluded the licensed futures broker was allegedly running a Ponzi-type scheme that collected over Rs446.6 million from 35 investors through promises of fixed returns of up to 48 percent per annum.
News
SA Forex Reserves Hit 8-Month Low of $73.45 Billion
South Africa's gross foreign exchange reserves dropped to USD 73.45 billion in July 2026, an eight-month low, driven by a decline in foreign currency holdings. Gold reserves and SDRs rose, and the central bank says the overall position remains adequate for short-term obligations.
News
ASIC Crackdown Hits Five-Year High: 87 Players Removed
ASIC removed or restricted 87 financial services providers in 2025-26, a five-year high, as part of 150 enforcement outcomes that rose 42 per cent year-on-year. Permanent bans dominated, with high-profile cases including Barry King, Abdullah Popal, and 15 advisers linked to failed managed funds.
News
Nigeria FX Inflows Hit $4.4bn But Market Strength in Doubt
Nigeria's FX inflows surged 59% month-on-month to $4.4 billion in July, driven by a dramatic increase in CBN sales and domestic dollar supply, according to FMDQ data. But analysts warn that record weekly turnover figures may mask underlying market fragility.
News
Best Forex Brokers In Malaysia For 2026: Top 7 WikiFX Verified Trading Platforms
This guide highlights seven of the best trading platforms for Malaysian traders, selected based on their WikiFX Broker Scores, trading conditions, platform offerings, regulatory background, and overall reputation within the global trading industry. Whether you're opening your first trading account or looking to switch brokers, these platforms offer a combination of competitive pricing, robust technology, and comprehensive trading tools suitable for different trading styles.
News
ASIC Suspends GFA Capital Markets Over Client Money and Reporting Failures
ASIC has suspended GFA Capital Markets’ Australian financial services licence for five months after identifying deficiencies in client money handling, derivative reporting and compliance controls.
Exposure
iFX Brokers Review: Is Your Deposit Safe?
iFX Brokers holds an FSCA license in South Africa and offers MT4/MT5 trading with a $10 minimum deposit, but a BAPPEBTI blacklist entry and a reported withdrawal complaint raise questions traders should examine before depositing.
Exposure
SECP Refers Broker to FIA Over Rs 446.6m Ponzi Scheme
Pakistan's SECP has referred M/s Blink Capital Management to the FIA after finding the licensed PMEX futures broker allegedly operated a Ponzi scheme, with 35 complainants claiming Rs446.6 million tied to promises of fixed returns up to 48% per annum.
News
Why Are African Currency Spreads So Wide?
African currency pairs often have spreads many times wider than major pairs due to lower liquidity, higher volatility, and greater economic uncertainty. This article explains the mechanics with a clear hypothetical cost comparison and debunks common myths.
News
How Public Holidays and Market Hours Shape Forex Liquidity
This article explains how local public holidays and global market hours determine liquidity in the forex market. Beginners learn why spreads widen when major financial centres are closed, how to interpret the change with a step‑by‑step hypothetical example, and what common misunderstandings cost them money. The core message: holidays and session times shape the cost of trading, not price direction.
News
STONE WALL CAPITAL Review: What Traders Should Know Before Depositing
STONE WALL CAPITAL faces an active SCM Malaysia investor warning flagging it as a possible clone, an unverified FSCA license, and user complaints involving blocked withdrawals and poor trade execution. This article examines the regulatory and operational risks traders should evaluate before depositing.
Exposure
Octa Review: What Traders Should Know Before Depositing
Octa operates under a CySEC license but has drawn formal regulatory warnings from Indonesia's BAPPEBTI and Malaysia's SCM. User complaints collected by WikiFX show a persistent pattern of withdrawal failures and account blocks across multiple countries. The platform carries a WikiFX score of 1.62 out of 10.
Exposure
Rupee Steady at 95.2 as RBI Steps In to Cap Oil Risk
The Indian rupee held steady near 95.2 per dollar on August 10, 2026, supported by RBI intervention and fading expectations of a September Fed rate hike after a surprise drop in US employment. Brent crude remained well below its recent $100 high, easing pressure on the oil-importing economy.
News
Latest News
iFX Brokers Review: Is Your Deposit Safe?
WikiFXONE ROYAL Faces SCM Malaysia Warning , What Traders Should Verify Before Funding an Account
WikiFXASIC Crackdown Hits 5-Year High: 150 Rogue Operators Banned
WikiFXMoneycorp Review: Is This Broker’s License Really Telling the Truth?
WikiFXBYBIT Review: Unregulated Broker Warning After Withdrawal Complaints and Forex Profit Disputes
WikiFXSECP Refers Blink Capital to FIA Over Rs446.6m Alleged Fraud
WikiFXHow to Start a Forex Broker in 2026: Build the Operating Model Before You Buy the Platform
WikiFXEMAR MARKETS Review 2026: Severe Withdrawal Complaints and Risk Signals
WikiFXTrader's Way Review: Trades Vanished Overnight , And There's No Regulator to Call
WikiFXLockwood Review: AMF-Blacklisted Broker with Users Reporting Blocked Withdrawals
WikiFX