GOLD Gold continues to trade inside a triangle pattern between $1,800 and $1,760 with no bullish reversal signs in sight so far. Indeed, the current global optimism has caused traders and other mid-term investors to rotate away from defensive values and safe havens to riskier assets, which represents a strong bearish market driver for gold.…
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The official complaint released on the CFTC website claims that from around October 2019 up until the past few months, the accused utilised a number of social media platforms and websites in order to falsely market their forex trading pool as an alternative to a savings account which provided a larger yield with minimal risk.…
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Mohamed Rashad, CEO and founder of EXINITI commented: EXINITI was founded because there was a gap in the market in terms of technology related advancements and support for financial services. EXINITI provides everything a Forex and CFD brokerage requires to get set up correctly from day one. We have also perfected the solutions needed to…
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The Active Investor platform offers tools built with HTML5 technology to allow for a responsive design and seamless integration. The solution is also flexible and allows for streaming content, advanced charting and analytics tools, and a ‘plug and play’ range of components, data and functionality. Users can customize the layout, capabilities and content based on…
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Alan F. Schwarz, FXSpotStream Co-founder and CEO commented: We are extremely excited to be live with our Algos and Allocations API offering. The team has done a tremendous job getting the offering live on schedule despite some challenging conditions related to the global pandemic. Alan F. Schwarz, continued: Clients currently do not pay a fee…
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With so many brokers making the transition to the MT5 platform, why did VT Markets decide to make the change? Chris: In response to growing user demand, VT Markets has taken the decision to add support for MT5. The MT5 platform was designed from the ground up to trade a variety of markets, which includes…
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Wayne Roworth, Global Head of FX said: I am delighted to welcome Mike and the team, as we strengthen our salesforce, continue enhancing our FX services and develop our global client base. Mike Wilkins, Global Head of FX Sales, commented: Sucden Financial is a well-established company and recognised leader within the FX industry, with a…
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The Australian watchdog reminded investors that they can check if an entity is registered on the ASIC website for free, but even that does not guarantee the quality of the company and its services. ASIC provided these examples of documents that resemble ASIC records but are fake: ASIC recently issued a warning against limestonefx.com as…
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OIL Oil markets continued to edge higher on Wednesday, boosted by the US Dollar falling once again and correcting its short-term bullish trend started last week. The barrel of light crude oil is now challenging its immediate resistance at $73.20, the last one before the major resistance between $73.90 and $74. As well as the…
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Kristina Littman, Chief of the SEC Enforcement Division’s Cyber Unit, stated: Loci and its CEO misled investors regarding critical aspects of Loci’s business. Investors in digital asset securities are entitled to truthful information and fulsome disclosures so they can make informed investment decisions. Although Wise and his company have neither admitted to nor denied the…
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