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FXGT.com vs. ADSS: which is better for the trader?
8.11.2023
FXGT.com and ADSS are well-known trading platforms with their own features, similarities, and differences. FXGT.com has a wide variety of trading products, such as forex, cryptocurrencies, metals, energy, stocks, equity indexes, NFTs, and DeFi tokens. ADSS is considered the ultimate destination...
RBA’s statement on interest rates sends mixed signals to traders
27.10.2023
Michele Bullock, the Governor of the RBA, recently talked about inflation in an interview. The executive stated that inflation in Australia is expected to rise. However, it is too early to decide how it will affect the impact on interest rate settings. This was Bullock’s first appearance before...
Bitcoin Primed for 'Supply Shock' as Exchange Balance Drops to 5-Year Low, Analyst Says
26.10.2023
A spot ETF approval could fundamentally alter bitcoin's supply and demand dynamics as professional investors would allocate to BTC as an uncorrelated asset, Forex.com's Matt Weller told CoinDesk TV
Nigeria Plans to Include Fintechs in Broadened Official Currency Market
26.10.2023
A Nigerian official recently said the foreign exchange-starved country plans to include “legitimate” market participants like bureaux de change and financial technology companies in the official forex currency market. Finance Minister Wale Edun also said the country will receive...
Elevate your forex game with FXGT.com’s trading tools & platforms
23.10.2023
FXGT.com is a well-known online trading platform that gives customers access to the stock, currency, commodities, cryptocurrency markets, and other international financial markets. The platform was introduced in 2019 and rapidly became well-liked by traders of all experience levels because of...
Nigerian Central Bank Lifts Forex Restrictions on 43 Items — Market Forces to Determine Exchange Rate
15.10.2023
The Nigerian central bank said on Oct. 12 that it had lifted foreign exchange restrictions imposed on the importation of 43 items. The central bank said the restrictions initially imposed in 2015 may have contributed to the weakening of the naira on the parallel foreign exchange market. Unifying...
Standard Chartered’s Research Predicts Ethereum to Hit $8K by 2026 and Eyes $35K Long-Term
11.10.2023
Ethereum might soar to $8,000 by 2026, suggests a fresh investors memo penned by Standard Chartered’s lead on forex and crypto research. Geoffrey Kendrick, alongside his analytical squad at the bank, pinpointed Ethereum’s stronghold in smart contracts, gaming, and tokenization as...
Streak Scanner is now available for free to all Zerodha users
4.10.2023
Streak Scanner recently announced that its services will be completely free for every Zerodha customer. It will allow users to find, create, and run scanners throughout different market segments. The announcement was shared on the official X/Twitter account of Zerodha. Moreover, Streak Scanner also...
2023 Forex Trading Summit, Ho Chi Minh City
29.9.2023
Against the backdrop of global economic normalization in 2023, the trading activity of forex traders has increased, and the market is thriving. Novice investors actively enter the market, and the “dividend” drives an active trading atmosphere. This summit aims to build a platform...
What to look for before choosing a trusted FX broker?
11.9.2023
While trading foreign currencies, users come across thousands of brokers dealing with foreign exchange willing to win companies and businesses. By associating with a forex broker, traders often achieve multiple benefits. However, the real challenge arises when determining which broker is the most...
US Court Orders Collapsed BTC Investment Firm to Pay Over $1.7 Billion in Restitution for Forex Fraud
9.9.2023
A United States Federal Court Judge has ordered the collapsed bitcoin investment platform Mirror Trading International to pay over $1.7 billion in restitution. Commodity Futures Trading Commission director of enforcement Ian McGinley said the CFTC will not hesitate to go after fraudsters who target...
CFTC fines Mirror Trading $1.7B for Bitcoin-related forex fraud
8.9.2023
The CFTC has brought or resolved ten fraud cases involving digital assets or forex since June 2023, Commissioner Kristin Johnson said
Forex Expo is happening in Dubai with 130+ companies in the financial market
22.8.2023
The 6th edition of the largest trading gathering for Financial Enthusiasts, Forex Expo Dubai (FED), will be held at World Trade Centre, Dubai, on September 26-27, 2023, featuring more than 130 sponsors exhibiting their services. Forex Expo has grown significantly with Dubai-based event organizer...
Nigerian Central Bank Says Amended CBDC Model to Ensure Increased Volumes and Wallet Activity
27.7.2023
The Nigerian central bank has said it is amending the model of its central bank digital currency and is hopeful that such an exercise will result in “an increase in the volume and activity of wallet holders.” According to the acting governor, the central bank is also working towards...
Nigerian Currency Plunges to All-Time Low Versus Dollar, Central Bank Revokes Licenses of 2,700 Currency Exchanges
22.7.2023
The exchange rate of the Nigerian currency versus the greenback recently plunged to an all-time low of NGN860:USD1. The naira’s depreciation has been attributed to shortages of foreign exchange on the official market and the rising demand for forex. The Central Bank of Nigeria (CBN) said...
MoneyExpo India 2023: Bringing leading forex & stock companies together
12.7.2023
MoneyExpo India 2023, the premier finance event of the year, is delighted to announce the participation of an impressive lineup of both forex and stock companies. Taking place at the prestigious Jio Convention Centre in Mumbai, India, MoneyExpo India 2023 promises to provide attendees with...
Navigating the Forex market during times of crisis
12.7.2023
Trends and trading strategies are what the Forex market is buzzing about, and understanding the challenges and opportunities of trading Forex during times of crisis is advantageous. When a crisis strikes the volatile market, many traders and investors make friends with time and patience. Despite...
Exness publishes its report for June 2023
10.7.2023
Exness, an online broker for metals, stocks, & cryptocurrencies, among other things, has published its report for June 2023. The trading volume of CFDs has dipped but managed to remain above the $3 trillion mark. Specifically speaking, the number stands at $3.31 trillion in comparison to $3.35...
Interactive Brokers Group shares Brokerage Metrics for June 2023
4.7.2023
Interactive Brokers Group recently released the Electronic Brokerage performance for June 2023. The automated global electronic broker shared the report on its official website. The brokerage highlighted several crucial metrics, such as: Approximately 2 million DARTs (Daily Average Revenue...
Signal Centre is now exclusively available on the ThinkTrader web
28.6.2023
ThinkTrader has recently expanded its suite of accessible tools with Signal Centre. The platform announced that Signal Centre will now be exclusively available on ThinkTrader. ThinkMarkets Standard account holders can directly access Signal Centre on ThinkTrader. The proprietary trading platform...