Moneta Markets Receives UAE Category 5 Licence
Moneta Global Financial Services LLC has received a Category 5 licence from the UAE Capital Market Authority, establishing a regulated structure for the company’s activities in the country.
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Abstract:From late April to May, WikiFX cooperated with the world-renowned car-sharing Uber, and posted stickers with logos and QR codes in Uber cars in Cairo, the capital of Egypt.


WikiFX has collaborated with the world-renowned ride-hailing platform Uber since late April. So a poster with logo and QR code of WikiFX can be seen in Uber taxis in Cairo, the capital of Egypt.

To date there have been 150 Uber cabs with eye catching WikiFX posters in Cairo, attached with an Arabic slogan which means download WikiFX to know forex brokers quickly.
Ahmed a taxi driver tells the WikiFX staff in Cairo that he never saw such a special and novel advertisement before, adding that its a meaningful trial.
The brand event is expected to last about 10 days.

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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Moneta Global Financial Services LLC has received a Category 5 licence from the UAE Capital Market Authority, establishing a regulated structure for the company’s activities in the country.

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Withdrawal delays are precisely the complaint we keep receiving on WikIFX, a veteran in the forex regulation inquiry space. While some users receive withdrawal access initially and find rejections on their applications later, some fail to receive a single approval. Some delays usually result from genuine compliance requirements that brokers need to adhere to. However, in many cases, traders have accused the broker of repeated excuses as part of its alleged strategy to deny a seamless fund release. A pending withdrawal cannot be an outright indicator of fraudulent activity. Financial institutions, including forex brokerage entities, need to abide by the anti-money laundering (AML) and Know Your Customer (KYC) regulations. However, as the monitoring process stretches beyond weeks or months, traders become frustrated and raise questions over the broker’s reliability.