Ringgit hits five-year high against US dollar in holiday trade
The Malaysian ringgit extended its rally, reaching a five-year high against the US dollar, trading in a narrow range of RM4.04-RM4.05.
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Australian Broker Vantage Becomes Newest Member of FinCom
Abstract：FinComm has over 40 approved forex broker members. Moneta Markets separated from Vantage last month.
The Financial Commission (FinComm), an independent external dispute resolution (EDR) body, on October 3rd approved the membership request of Vantage, a Sydney-headquartered broker.
Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.
FinComm announced Vantage had approved membership status on Friday, noting that the broker is joining a diverse group of brokerages and independent service providers that use its services.
Vantages approval comes three weeks after FinComm approved the membership application of Australia-headquartered broker TMGM.
The member-driven self-regulatory organization noted that Vantage's membership status means that the broker and its customers can access protection of up to €20,000 per submitted complaint, among other benefits.
Vantage is one of several contracts for difference and forex brokers that have joined FinComm, the first EDR for the forex industry. The body boasts over 40 forex brokers as members.
The list of existing members includes big brand names such as Cyprus-headquartered Exness, St. Vincent and the Grenadines-based Alpari Group, and another Cyprus-headquartered broker, ForexTime.
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Inside the Elite Committee: Talk with Narinpat Sittivongseth
WikiFX has launched the “Inside the Elite” Interview Series, featuring outstanding members of the newly formed Elite Committee. During the committee’s first offline gathering in Dubai, we conducted exclusive interviews and gained deeper insights into regional market dynamics and industry developments. Through this series, WikiFX aims to highlight the voices of professionals who are shaping the future of forex trading — from education and compliance to risk control, technology, and trader empowerment.
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Capitalix: The ‘Burn and Ransom’ Trap Hiding Behind a Seychelles Shell
It starts with a phone call—often aggressive, always persistent. A "personal manager" promises to guide you through the complexities of the market, asking for a modest $200 deposit. But according to sixteen separate reports from victims across Latin America, Europe, and the Middle East, that initial deposit is just the entry fee to a financial hostage situation.
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Japan Signals Fiscal Expansion as BoJ's Ueda Declares End of 'Zero Norm'
New fiscal proposals and hawkish central bank rhetoric are reshaping the outlook for the Japanese Yen, as the government unveils a record-breaking budget while the Bank of Japan (BoJ) hints at accelerated monetary tightening.
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