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اردو
FMDQ Exchange data shows Nigeria's FX Forwards turnover surged 263.56% to $90.89 million in the week ended August 14, 2026, while FX Spot transactions fell 46.98% to $1.96 billion, producing one of the sharpest structural splits in the market this year.
A 32-year-old private clinic doctor in Dungun lost RM558,000 to a fake Forex and Ethereum investment scheme that began with a social media ad in January. Police say she made 77 transfers to six accounts and was pressured with threats of legal action before realising she had been cheated. The case is being investigated under Section 420 of the Penal Code.
Gold rose toward $4,400 as cooling US inflation and a 0.6% drop in July retail sales trimmed market expectations for a September Fed rate hike. The CME FedWatch tool showed a roughly 33.1% chance of a hike, while analysts at Commerzbank and TD Securities flagged further upside potential for the metal.
The ringgit is expected to trade around RM4.07 to RM4.08 against the US dollar with an upside bias next week, supported by Malaysia's stronger-than-expected 6% second-quarter 2026 GDP growth, according to Bank Muamalat chief economist Dr Mohd Afzanizam Abdul Rashid and Bank Negara Malaysia.
The Australian dollar rose above $0.709 on August 17, 2026, hitting a ten-week high as the Reserve Bank of Australia kept a hawkish stance while the US dollar weakened on fading Fed rate hike bets. The AUD/USD pair reached 0.7094, up 0.15% on the day, with markets pricing around a 70% chance of a final RBA move to 4.60% by early next year.
Mugan Markets offers MT4 trading with a low entry point, but a 2.00 score, an unverified regulation claim and split user reports mean traders should verify oversight before depositing.
TenTrade is a Seychelles-based forex and CFD broker with a low WikiFX score, an offshore Seychelles licence and suspicious-clone flags in its licensing records. This review walks through the withdrawal complaint pattern and the regulatory checks traders should make before depositing.
Beirman Capital is a Saint Lucia-incorporated MT5 broker with a low WikiFX score, a February 2026 Bank of Russia (CBR) disclosure and a recent UAE withdrawal complaint on record. This review explains what to verify before depositing.
A beginner-friendly explanation of how a normal currency depreciation differs from an exchange rate free fall, with a clear hypothetical calculation and common misunderstandings.
Official and parallel exchange rates can differ sharply because the official market is often rationed. This article explains the gap, walks through a hypothetical premium calculation, and separates what the gap measures from what it cannot predict.
For many Malaysians caught in the TriumphFX saga, the loss of money was only the beginning. Years after payments reportedly stopped, victims say they are still living with the consequences, while more accounts of financial distress continue to emerge.
The Reserve Bank of India has been defending the rupee around ₹95.45 per US dollar as rising crude oil prices and a firm dollar index put downward pressure on the currency. India imports more than 80% of its crude, so higher oil prices raise dollar demand from oil marketing companies. RBI intervention and exporter dollar sales around ₹95.45 have capped downside risk and kept the rupee in a narrow band, according to market data cited by brokerage Swastika.
The Reserve Bank of India will close its special forex swap facility for fresh FCNR(B) deposits early on August 31, 2026, after $52.3 billion flowed in through the route. Swaps can be completed until September 11, while ECB and OFCB schemes remain open until December 31, 2026.
A WikiFX review of hiifx (High Inspiration International Co., Ltd): a 1.24-rated broker with no active regulatory record and unresolved withdrawal complaints reported across multiple countries.
VG Markets holds an active South African FSCA derivatives licence and offers a MetaTrader platform, yet carries a 4.47 WikiFX score and little verified history. This review separates confirmed facts from what traders still need to check.
GFS shows a high-risk profile in the available WikiFX data: a low WikiFX Score of 1.62, no verified financial regulation found, and many user exposure cases involving withdrawals, account access, and trading-cost complaints. Traders should treat this broker with extreme caution before depositing funds.
XORKETS FX shows a high-risk profile based on the available WikiFX data: a low WikiFX Score of 1.55, no found financial regulation, and a surge of withdrawal-related complaints. The strongest risk signal is the repeated allegation that users were asked to deposit an extra 10% before withdrawals could be released.
StoneX has agreed to acquire Banco Travelex in Brazil, adding a locally regulated foreign exchange and banking operation subject to approval from the Central Bank of Brazil.
Plus500 has joined the Bahamas Institute of FX & CFD Issuers, an industry association representing licensed forex and CFD firms operating in The Bahamas.
This Amillex review provides a detailed examination of the broker's regulatory framework, licensing coverage, trading conditions, and user feedback based on information available on WikiFX. As a global broker regulatory query platform, WikiFX evaluates brokers using measurable criteria such as regulatory authorisation, compliance records, and operational transparency.
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