The initial applications for unemployment benefits surged to 260,000 over the past week exceeding the highest level since October 2021. The Dollar Index, DXY, fell sharply on Thursday after the US economy sent an alarming signal. The total number of jobless claims has reached 261,000 surpassing estimates of 235,000 and exceeding the 233,000 claims from...

In recent days, an alarming trend has emerged in the online trading community, as unsuspecting individuals are falling victim to ChatGPT trading scams. These scams exploit the popularity of AI-powered chatbots and promise foolproof trading strategies, luring in novice investors with the promise of easy profits. However, these fraudulent schemes have left many individuals in...

Orbex, a prominent forex and CFD broker that adheres to multiple regulations, has unveiled the introduction of its latest offering: the ZERO Spread Trading Account. This account type will cater to new traders who sign up before September 30th, 2023, for a limited duration. By commencing with spreads, fees, and swaps at zero levels, coupled...

Italy’s financial markets watchdog, Commissione Nazionale per le Società e la Borsa (CONSOB), has issued a stark warning concerning a rise in unregulated investment platforms operating within its jurisdiction. The regulator is urging individuals to exercise vigilance and caution while engaging in financial transactions.

As the foreign exchange market continues to grow, there has been a surge in client demand for greater choice and flexibility. In light of this, FP Markets has taken steps to enhance its range of exotic currency pairs. Traders and investors can now engage in trading activities involving the Mexican Peso (MXN), Brazilian Real (BRL),...

Admirals has recently revealed its decision to withdraw its investment company license granted in Estonia as a strategic step towards expanding its global presence. It is important to note that this restructuring will not affect Admirals' current client base.

ThinkMarkets, an Australian-based broker operated by Think Financial Group Holdings Limited, has announced its plans to go public through a reverse merger with Canada-listed blank check company, FG Acquisition Corp. The anticipated listing is scheduled for July 2023. (Read our detailed review about ThinkMarkets) Nauman Anees, Co-Founder and CEO of ThinkMarkets expressed excitement about embarking...

FP Markets, a prominent broker in Australia specializing in Forex and CFDs, was recently honored with the esteemed title of 'Best CFD Broker in Africa' at the renowned FAME Awards in 2023. This prestigious award serves as a testament to the company's remarkable growth and increasing influence within the African CFD market. In a grand...

Vantage, an ASIC-regulated foreign exchange brokerage, has extended its services to tap into the emerging opportunities in South Africa, a rapidly growing and dynamic region. Vantage has successfully obtained a derivatives license from the Financial Sector Conduct Authority (FSCA). This authorization permits the company to function as an OTC derivative provider, enabling it to engage...

HFM, a prominent global multi-asset broker, has recently unveiled its latest trading accounts, offering enhanced trading conditions. This development stands as yet another testament to the company's continuous pursuit of innovation and its leading position in the worldwide online trading market. Alongside this exciting update, HFM has also introduced a fresh and modern look for...