In May, 8 dealer licenses were cancelled, 3 of which were CySEC licenses and 5 of which were FCA licenses. The specific list of changes…
Moscow Exchange Sees Increase in Trading Volumes Across Markets for May 2023
Moscow Exchange, the largest exchange group in Russia, has published its key trading metrics for May 2023, seeing the total trading volumes amounted to RUB…
UK FCA Issues Warning Against 18 Unauthorized Companies
Britain’s Financial Conduct Authority (FCA) last week issued a warning to 18 unauthorized firms for soliciting customers in British jurisdiction without a license.According to the…
Unregistered! Seven Forex Dealers Warned by Switzerland’s FINMA
The Swiss Financial Market Supervisory Authority (FINMA) is authorized by the country’s government to supervise various financial institutions as a regulator. FINMA’s foreign exchange dealers…
Crude oil looks to OPEC+ meeting for cues; is natural gas resuming its downtrend?
Crude oil is holding above tough support, keeping alive the capitulation view; natural gas has fallen sharply, but the downside could be cushioned and what…
FCA to Young Traders: Invest Like You Date
The Financial Conduct Authority (FCA) has released a new study that suggests that young investors should approach investing with the same considerations and long-term thinking…
Number of illegal financial websites blocked by Italy’s CONSOB increases to 898
The Italian Financial Markets Supervisory Authority CONSOB has ordered the closure of 8 new websites offering financial services/financial products illegally (6 illegal financial intermediary websites…
Spanish CNMV warns: these 6 traders are not authorized by the regulator
On May 22, 2023, the Spanish financial regulator CNMV issued a warning against six unauthorized forex dealers. Pursuant to Article 17, paragraph 2, of the…
Binance Australia to Close AUD Withdrawals on June 1
Binance Australia, a subsidiary of the world’s largest cryptocurrency exchange, said it will resume withdrawals of Australian dollars via bank transactions for Australian users “until…
How Does Ridge Corporation Scam Clients?
About Ridge Corporation Ridge Corporation LLC is an online forex broker offering a series of financial instruments to its clients. Although this broker claimed to…