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Category: Forex Trading News

Forex Trading News 0

Hong Kong’s SFC Finds Several Compliance Lapses at Online Brokerages

<p>Hong Kong’s Securities and Futures Commission (<a href=”https://www.financemagnates.com/tag/sfc/” target=”_blank”>SFC</a>) surveyed and reviewed the business models of 50 licensed corporations offering online brokerage, distribution and advisory services. The regulator found severe shortcomings in the operations of many companies.</p><p>The regulatory survey included the <a href=”https://www.financemagnates.com/terms/o/online-trading/” target=”_blank” id=”93afd583-ea4d-45cf-a1e0-8d951e5d8f48_1″ class=”terms__main-term”>online trading</a> platforms’ ways of client onboarding, types of products, services and functionalities. In addition, […]

Forex Trading News 0

Popular Thai YouTuber Swindles $55 Million in Forex Trading Scam

<p>Thailand’s Youtuber, Natthamon Khongchak, known to her followers as “Nutty”, has defrauded more than 6,000 people with a <a href=”https://www.financemagnates.com/thought-leadership/types-of-forex-scams-and-how-to-spot-them/” target=”_blank”>foreign exchange trading scam</a> for around $55 million.</p><p>According to the local media, she used her online popularity to lure potential victims by offering hefty returns for their investments. Claiming to be a successful <a href=”https://www.financemagnates.com/terms/f/forex/” target=”_blank” id=”6faa6714-7f7b-4d23-b1c5-c0d40807d613_1″ class=”terms__main-term”>forex</a> trader and […]

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