简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Red Alert : Stay Away from These 13 Unauthorised Forex Trading Platforms
Abstract：The Reserve Bank of India (RBI) has added a fresh list of 13 unauthorised forex trading platforms, taking the overall number to 88. Read on to know the fresh list.
Frauds and scams happen across financial services, including forex trading. The Reserve Bank of India (RBI) has added a fresh list of 13 unauthorised forex trading platforms, taking the overall number to 88. The growing list is a reminder of the cautious approach traders need to adopt to stay away from fraud and scams.
Names Listed on the RBI‘s Alert List
The latest list includes names such as Ranger Capital, TDFX, Think Markets, Growline, YorkerFX, etc. As per RBI’s 2018 directions, these entities are barred from foreign exchange businesses under the Foreign Exchange Management Act (FEMA) of 1999. They are also prevented from operating trading platforms, the RBIs directions say.
You can see all 13 fresh names with their websites through they make traders invest, promote their offerings, and much more.
The RBI has cautioned that there can be names outside of its list which are not authorized for forex trading.
Disclaimer:
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.
Read more
Bybit Exposed: Traders Hit Hard by Withdrawal Denials, Account Bans & More
Is your forex trading experience with Bybit far from ideal? Do you continue to face withdrawal denials? Does Bybit ban your account without any reason? Have you failed to receive the reward on winning the trading challenges? We must say, you have made the wrong move by partnering with Bybit, which has been scamming traders. In this article, we will share multiple complaints that traders have made against the scam forex broker. Keep reading!
Advanced Markets Exposed: Slippage, Copy Trade Errors & Losses
Have you made profits using the copy trade strategy implemented by Advanced Markets? But did the withdrawal stop as the company cited questionable trades? Have you failed to receive any email from this broker regarding the investigation it claimed? Are high slippages and trade losses regular with Advanced Markets? These are nothing but scams. Many traders have openly criticized the UK-based broker for these suspicious forex trading activities. In this article, we will share trader comments against the broker. Keep reading!
Plus500 Launches $90 Million Share Buyback Programme
Plus500 has officially launched a $90 million share buyback programme. The initiative forms part of the company’s wider plan to distribute $165 million to investors.
SimpleFX Scam Alert: Here’s Why You Should it?
While you are free to choose the broker that suits your needs, it is crucial to remain cautious during the selection process. Many brokers may appear genuine at first glance, but in reality, they operate fraudulently. SimplyFX is one such broker that raises serious concerns. Read this article to understand why we consider SimplyFX to be a potential scam broker.
WikiFX Broker
Latest News
European leaders to join Zelensky at White House meeting with Trump
WikiFXWhere is ThinkMarkets Broker Licensed to Operate?
WikiFXModi gives tax boon to India's economy amid Trump tariff tensions
WikiFXBybit Exposed: Traders Hit Hard by Withdrawal Denials, Account Bans & More
WikiFXWalmart's view on tariff impacts will move this week's markets
WikiFXPowell's speech this week could give housing a welcome boost
WikiFXTrader in Thane Duped of ₹4.11 Cr in Online Scam
WikiFXBlackBull Markets and CopyTrade Market Formalise Integration
WikiFXIG Japan Ends Discount Program on Aug 17
WikiFXPlus500 Launches $90 Million Share Buyback Programme
WikiFXCurrency Calculator
