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A 61-year-old woman in Mangaluru lost Rs 16.20 lakh after responding to a Facebook advertisement for "Sevexa Investment." She was directed to Telegram, where unidentified individuals using international numbers promised high returns. She transferred funds in five instalments between April and June. Mangaluru City Police have registered a cybercrime case and urged the public to avoid unsolicited investment ads on social media.
ATFX reported a 29% drop in client trading volumes to $777 billion in Q2 2026 from a record $1.09 trillion in Q1, though active clients grew 8.22% year-on-year. Energy trading surged 787% and crypto rose 33.42% quarter-on-quarter.
The Japanese yen extended its sharp rally against the U.S. dollar following the first coordinated FX intervention by Washington and Tokyo since 2011, pushing the broader dollar index lower.
The Indian rupee enters the RBI's 5 August rate decision with strong momentum after hitting a two-week high against the US dollar. With the central bank widely expected to hold at 5.25% and the Bank of England maintaining a hawkish tilt, the GBP/INR cross faces competing forces heading into the week.
Online scam syndicates are increasingly moving away from isolated compounds and into high-end residential properties, making them harder to detect. In Penang, police have dismantled another scam call centre operating from a luxury condominium, highlighting how criminal groups continue to exploit legitimate accommodation to target victims across the region.
Shortly after realising she had been scammed by an investment scheme, the victim was contacted by an individual claiming to be an officer handling online fraud cases, who offered to help recover her lost funds. Believing the offer was genuine, she fell victim to a second scam disguised as a fund recovery service.
A hedge fund built on the conviction that artificial intelligence would rewrite the rules of global infrastructure has become one of the most dramatic casualties of a swift market reversal, raising pointed questions about how far investor enthusiasm for the AI sector had outpaced economic reality.
Trimmed mean measures are painting a different picture than the headline numbers.
For many aspiring traders, the journey into online trading begins with a simple promise: follow the right signals, enter at the right moment, and profits will eventually follow. Yet despite the constant flow of buy and sell recommendations, a large number of traders remain stuck in the same cycle — losing money, chasing recovery, and searching for the next signal provider who claims to have the answer.
Forex beginners often wonder why two platforms show slightly different USD/MYR prices. This article explains that quotes are built from multiple liquidity providers, each with its own view, and that broker markups and commission models cause normal, small variations. The key is to compare total trading costs, not just the displayed spread.
OROKU EDGE has been blacklisted by Malaysia's Securities Commission for unlicensed capital market activities. Users across Southeast Asia report frozen accounts and withdrawal blocks, with a WikiFX score of 1.51 reflecting these serious concerns.
LINK FOREX, a London-based fintech founded in 2020, announced an international growth strategy centred on a partnership with the New York Institute of Finance, AI-powered equity research tools, HSBC compliance clearance, and operational expansion across five Latin American countries.
VG Markets holds a valid FSCA derivatives trading licence in South Africa and offers the MT5 platform, yet WikiFX scores it just 4.41 out of 10. This review breaks down the regulatory setup, trading experience, user feedback, and transparency gaps so traders can decide whether the low rating is a dealbreaker.
The World Gold Council's Q2 2026 Gold Demand Trends report reveals central banks bought a record 289 tonnes of gold for a second quarter, led by Poland and China, even as jewellery demand fell to its lowest since the pandemic and North American ETFs suffered their weakest first half since 2013. Total demand held steady at 1,269 tonnes, with H1 value reaching a record US$380 billion.
The Malaysian ringgit closed flat at 4.0875/0930 against the US dollar on July 30, 2026, after the Fed held rates but revealed a split vote. The local currency gained against the Indonesian rupiah, Philippine peso, and Thai baht, but weakened against the Singapore dollar and all major currencies.
Critical warning: EMAR MARKETS is listed as regulated by South Africa’s FSCA, but trader complaints describe blocked accounts, delayed withdrawals, voided profits, and funds allegedly not refunded. The sharpest risk is not entry—it is getting your money back after you win or request a withdrawal.
IG shows a strong WikiFX score of 8.82 and multiple active top-tier regulation records, but the risk picture is not clean because WikiFX also lists revoked or unverified records, three regulator clone warnings, and 43 recent user complaints. The main risk for you is not simply whether IG has licenses, but whether you are dealing with the official IG entity and whether withdrawal or account-review disputes could affect access to funds.
squaredfinancial shows stronger regulatory coverage than many offshore-only brokers, with ASIC and CySEC regulation plus Seychelles FSA offshore regulation and a WikiFX Score of 7.35. The main risk is not licensing on paper, but the heavy complaint pattern involving withdrawals, profit deductions, account access problems, and slow or absent support.
RoboMarkets has active CYSEC regulation and offshore Seychelles oversight, but a BAPPEBTI unauthorized disclosure and 2025 trader reports of a Gold market shutdown and unexplained price gaps raise serious execution-risk concerns. Traders should treat this broker review as a warning to verify protection before placing live Forex funds.
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