When day trading foreign exchange (forex) rates, position size, or transaction size in units, is more essential than entry and exit points. This means you'll take on too much or not enough risk depending on how big or small your trades will be.To get more news about forex pivot point calculator, you can visit wikifx.com official website.
Using a free Forex position size calculator, you may precisely assess your risk exposure by determining the number of units or lots that your trade will include. Every major currency pair and cross is supported. Input values are sparse, but the ability to fine-tune it to your individual requirements is there.

To get started, simply enter your information in the fields provided and hit the "Calculate" button.
The number of lots you buy or sell, as well as the type and size of lots, significantly affect the size of your position:
1,000 units of a currency make up a "micro lot"
10,000 units of currency make up a "mini lot"
100,000 units of currency make up a "standard lot"
The ideal position size can be calculated through the following formula:
Pips at risk * pip value * lots traded = amount at risk
Consider this example, if you have a $10,000 account and risk 1% of your account on each trade, a $10,000 account with $10,000 in total. Thus, the maximum amount you can risk per trade is $100. At $1.3051, you decide to purchase the EUR/USD pair and set a stop loss at $1.3041. To put it another way, you're risking $1.3041 ($1.3051 - $1.3041 = $0.0001). Each pip movement is worth $1 because you've been trading mini lots.
If you plug those numbers in the formula, you get:
10 * $1 * lots traded = $100
If you divide both sides of the equation by $10, you arrive at:
Lots traded = 10
10 mini lots are equal to one standard lot, you could buy either 10 minis or one standard.
Another example, you're trading mini lots of the EUR/GBP and you decide to buy at $0.9804 and place a stop loss at $0.9794. That again is 10 pips of risk.
10 * $1.22 * lots traded = $100
The $1.22 value comes from the above conversion formula and this number varies in light of the current exchange rate between the US dollar and the British pound. If you divide both sides of the equation by $12.20, you arrive at:
Lots traded = 8.19
As a result, your position size should be eight mini lots and one micro lot. Using this calculation formula and the 1% rule, you'll be able to accurately determine the lot and position sizes in your forex trading journey.

Global trading platform INFINOX has launched its all-in-one multi-asset trading platform IX One. The user-friendly and fully-customisable platform is packed with essential tools and analysis for traders of any experience.To get more news about infinox, you can visit wikifx.com official website.
These features are available to traders on both mobile and web platforms, where they can trade FX, indices, crypto, equities and more. Accessing the platform is easy as well - the single-step login ensures that traders can get speedy access to the platform.

Furthermore, other popular INFINOX products such as IX Social copy trading are also integrated into the IX One platform.

Adam Saward, Executive Manager and driving force behind IX One said,
"Clients are always looking for more from their broker, and we're extremely proud of INFINOX's ability to recognise this demand and meet it from both a technology and a service point of view."

"With IX One, we've achieved an end-to-end destination for the complete trading experience. The platform packs in trading execution with cutting-edge tools and functionalities, so that traders never have to leave the platform - everything they need is on IX One," Saward added. "We're confident that with the combination of the IX One platform and two of our award winning offerings - trade execution & customer service - we'll be able to provide clients with a compelling trading experience. It's an exciting next step for INFINOX, and we're looking forward to building on this progress throughout the year."
As charging speeds continue to grow each passing month, more makers are looking to get past the 200W threshold and now Infinix is gearing up to launch a phone with 260W wired charging.

We received an image of the upcoming Infinix 260W Thunder Charge charger. The charger is placed next to a phone that resembles the Infinix Zero Ultra which launched with 180W charging capabilities. The new 260W charging system will reportedly bring a four-way 100W charge pump and an AHB (Advanced High-Performance Bus) circuit design with safe charging control.

Our source also mentions that Infinix is testing a 100W wireless charging solution. This one will bring a custom-coil design with improved charging efficiency, reduced internal resistance and increased peak power charging time.
As per the source, Infinix will announce its 260W charging solution a week from now on March 9. It remains to be seen if we'll see a new phone launch alongside the 260W charger or if it will use a modified version of the Infinix Zero Ultra. In all cases Infinix will bring a phone with 260W charger to the market by the end of the year.

Once launched, Infinix will secure the throne as the maker with the fastest charging phone, outpacing Realme which recently debuted its GT Neo5 and Realme GT3 phones that support up to 240W fast charging. We can expect more makers to continue to push the wattage game up until phones can top up their batteries in a matter of seconds.

The $1.6bn lawsuit brought by voting company Dominion against Fox News has done more than threaten the rightwing channel with a historic financial penalty.To get more news about dominion, you can visit wikifx.com official website.

In recent weeks Fox News has also found itself thoroughly, and publicly, embarrassed, as internal messages have revealed not just the extent to which the organization attempted to ignore the actual news in its coverage of the 2020 election, but also the contempt many people within the organization have for Fox News viewers.But whether Fox News wins or loses the defamation lawsuit brought by Dominion - a court hearing is set for 21 March, and a trial is scheduled to start on 17 April - more suffering is likely to come, on multiple fronts.

There's some evidence that Fox News's legendary hold over the Republican party is on the wane, and even speculation that the Murdoch family's position atop the Fox conglomerate could be at risk.

The channel, which was founded by Rupert Murdoch in 1996, has become arguably the most influential media operation in American political history, holding huge sway over the Republican party while maintaining a reputation as a news organization.

But the disclosures released as part of Dominion's suit have put that balance at risk. Dominion lawyers allege Fox News went out of its way to prop up false allegations of fraud, in what appears to have been a concerted effort to prop up the Republican party at the expense of reporting facts.

Messages from the likes of Sean Hannity and Tucker Carlson, Fox News's two biggest stars, showed that many within Fox News did not believe Donald Trump's claims of election fraud in the 2020 election, even as people on the channel continued to cast doubt on the legitimacy of the result.

Rupert Murdoch himself, in a deposition as part of the lawsuit, admitted that several Fox News hosts, including Hannity and Jeanine Pirro, "were endorsing" the lie that the election was stolen from Trump, in spite of all evidence to the contrary.

"What we've seen is a keyhole view into how Fox operates," said Angelo Carusone, president of Media Matters, a watchdog group."What makes all of this so disturbing is that this is about power," he said. "And Fox News at its core is actually a political operation that is designed to give power to the Murdochs."

The exposure of Fox News's internal workings will weaken its reputation as a news organization, Carusone said, and should the channel and its owner, Fox Corporation, lose the Dominion case, there could be immediate financial consequences.

"If they lose the case I think it's going to be really significant. One, it makes shareholder litigation a certainty. Two, it puts Murdoch control of the company in jeopardy."
At least four firms, including Kehoe, which has previously involved in a lawsuit against Bank of America, and Scott+Scott, which was part of a $310m settlement from Google's parent company Alphabet in 2020, have made public appeals for shareholders to approach them to potentially sue Fox Corporation directors and officers for allegedly breaching "their fiduciary duties to Fox and its shareholders".

Allen & Co. Holds Its Annual Sun Valley Conference In Idaho
SUN VALLEY, ID - JULY 11: Lachlan Murdoch, chief executive officer of Fox Corporation and co-chairman of News Corp, attends the annual Allen & Company Sun Valley Conference, July 11, 2019 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful business people from the media, finance, and technology spheres converge at the
Rupert Murdoch currently serves as chair of the Fox Corporation board, with his son Lachlan Murdoch as executive chair. Amid the current scandal, however, Carusone said it is possible there could be "a couple of runs at Murdoch control of the company" from aggrieved shareholders.

Fox News could also face problems when it comes to renewing its contracts with cable companies, Carusone said. Cable companies in the US pay individual channels, like Fox News, for the right to include them in their cable packages. Fox News is currently the second most expensive channel, behind ESPN.

Fox News has been able to demand such fees by touting its loyal audience. But messages released as part of the Dominion case have laid bare the contempt some at Fox News have for both their viewers and for Donald Trump, a hero to many in the Fox News audience."Like negotiating with terrorists," Alex Pfeiffer, then a producer on Tucker Carlson's nightly show, said of the line Fox News had to tread between reporting the news and feeding its audience the conspiracy theories they crave.

Vital Essentials, the flagship brand of the Carnivore Meat Company, will unwrap a new look of its award-winning dog and cat food and treats at the Global Pet Expo March 22-24, 2023, at the Orange County Convention Center in Orlando, Florida.To get more news about vital markets, you can visit wikifx.com official website.

Since 2009, Green Bay-based Vital Essentials has been a pioneer in the raw, freeze-dried and frozen pet foods category. Its vast variety of dog and cat food, treat, and supplements are purely raw, ensuring that pets are provided the highest quality whole animal protein available, supporting energetic playtimes; healthier and shinier coats; lean, strong muscles; digestive and oral health; and immune system and heart health. Vital Essentials' new branding underscores the importance of the quality and care in every step of its process. Just as pet owners head to the butcher to procure the finest quality meats for themselves, they have turned to Vital Essentials for the same quality of proteins for their pets. While the new branding and premium kraft paper packaging intentionally has evolved to evoke the experience of visiting a butcher shop, the company's conviction to ultra-premium quality and variety remains the same.

"Vital Essentials boldly entered this market as a trailblazer in the raw pet food category nearly 15 years ago, and this rebrand highlights our continued commitment to enriching the lives of pets and their families worldwide through our cross-category portfolio of brands," said Lanny Viegut, CEO of Vital Essentials. "Ever since we entered the marketplace 15 years ago, we have not wavered on our mission to deliver the finest quality Butcher Cut Protein on the market, and we're especially excited to debut our new branding at the Global Pet Expo, where attendees can see firsthand how we're continually delivering innovation to our customers and retailers nationwide."

From March 22-24, Global Pet Expo attendees are encouraged to visit Vital Essentials at booth #253 to enjoy a first look at the new and improved packaging, meet the team, hear about the brand's exciting new marketing and merchandising initiatives and be among the first to place their wholesale orders. Media is also invited to an intimate and exclusive event at the Expo on Thursday, March 23, at 3 p.m. at the Vital Essentials booth through an interactive demonstration about the quality and benefits of butcher-cut protein and the difference it can make in a pet's life.

British Virgin Islands Financial Services Commission (BVIFSC) regulates the financial markets. Forex trading brokers get license from BVI FSC regulator to confirm the legality and transparency of the services provided. The companies that have permits from this regulator include such well-known intermediaries as Forex4you, FIBO Group, RVD Markets and other brokers. BVI Financial Services Commission closely monitors the activities of its participants. Due to this, the BVI FSC Forex brokers are suitable for successful trading.To get more news about fsc regulated forex brokers, you can visit wikifx.com official website.

WORK THROUGH TRUSTED INTERMEDIARIES
BVI FSC was founded in 2001. The British Virgin Islands Financial Services Commission declared its main task as the need to ensure comprehensive protection of investors, shareholders and other financial market participants from fraud and other illegal activities. Following these principles, Forex trading brokers fall under a constant monitoring from BVI FSC regardless of the size of the charter capital, the number of customers and other factors and characteristics of the regulated companies. In its work, the BVI Financial Services Commission is guided by the recommendations of the FATF and OECD, expanding its own regulatory function at the national level.

The BVIFSC regulator seeks to position the BVI as the upscale center of financial services. Therefore, the presence of the BVI FSC license is an important competitive advantage for each broker trading on the Forex market. All tried and tested brokers regulated by this British Virgin Islands Financial Services Commission are included in this rating from TopBrokers.com. Comprehensive information, testimonials from real traders and other useful information will help you find and select suitable BVI FSC Forex Trading brokers.

Australia's superannuation funds are on the cusp of an historic shift to having more than half of their assets invested offshore, according to a NAB survey published today.To get more news about forex field survey, you can visit wikifx.com official website.

The NAB 2021 Superannuation FX Survey found that allocations to offshore investments jumped from 41% to 46.8% on average over the past two financial years, with 61% of funds reporting plans to further increase the amount invested in foreign assets.

NAB Markets Executive General Manager Drew Bradford said findings reveal some funds have already crossed the 50% threshold for the first time.

"This survey shows the move to increase offshore investments is continuing and funds are taking on more foreign currency exposure," Mr Bradford said.

"Notably, many public sector funds have crossed the 50% threshold for the first time within the past two financial years.

"Currency is now the biggest investment risk in the portfolio after equity market risk and super funds are increasingly treating foreign exchange as an asset allocation, just as they would for any other asset class.

"What's really interesting is that funds have started hedging more of that risk - reversing earlier declines - but continue to move away from traditional hedge ratios that used to dominate their offshore investments."

The NAB 2021 Superannuation Fund FX Survey of 54 industry, corporate, retail, and public sector funds managing $1.81 trillion of Australians' superannuation assets is NAB's 10th biennial survey tracking the hedging practices of the industry. It covers a tumultuous period that included both waves of the COVID-19 pandemic, currency volatility in early 2020, the early release super scheme designed to buffer household incomes, the acceleration of fund mergers and the introduction of the ‘Your Future, Your Super' reforms.
Large super funds were the most inclined to increase their exposure to international equities, according to 75% of survey respondents. They cited the breadth of opportunities relative to the domestic market, more attractive pricing, and the desire to follow peer group asset allocations among their key motivations for allocating funds offshore.

The survey found that as funds were moving offshore, they were also seeking more exposure to unlisted assets with private markets - including debt - unlisted real estate and infrastructure among their favoured targets.

The recently introduced ‘Your Future, Your Super' reforms designed to improve the accountability of funds have also become a significant factor in managers thinking about foreign currency. The reforms allocate pass or fail marks against set of benchmarks set by the Australian Prudential Regulation Authority (APRA) and are expected to lead to greater scrutiny and ongoing monitoring of currency effects on performance. APRA assumes funds fully hedge international exposures to fixed income, property, and infrastructure while ‘other' assets are assumed to be 75% hedged.

Association of Superannuation Funds of Australia Chief Executive, Dr Martin Fahy said the survey findings provided valuable insights into the trends shaping returns across the $2.26 trillion super industry.

"The rise of allocations to international assets shows no sign of slowing and has been a significant factor in the high investment returns funds have enjoyed for the past two years. That this trend has continued through the unprecedented dislocations suffered by the global economy due to the pandemic is testament to the systems and people in place to protect and grow Australia's retirement savings," Dr Fahy said.

Amid continuing mergers, many funds have continued to build their in-house investment capability and these teams are more influential than ever in currency decisions, the survey reported. They showed their worth in the initial stages of the pandemic when decisions about hedging and rebalancing portfolios needed to be made quickly.

As of 23 September 2022, MT4 is no longer available in the App Store for iPhones and iPads. Clients with a pre-installed MT4 app will no longer receive updates, and new users will not be able to download the app to their iOS devices.To get more news about best mt4 forex brokers, you can visit wikifx.com official website.

MT5 is slowly replacing the MT4 trading platform, but it is still the most popular trading platform in the world, and most good Forex brokers in India will offer it.

Because so many brokers offer MT4, we look for the widest range of top-quality MT4 brokers for a variety of trading priorities and budgets. We compared trading costs, execution speed, and the number of Forex pairs the brokers offered. We also tested the brokers' technical customer support quality and ensured they were fully regulated to ensure trader safety. Under the list of best MT4 brokers, common questions will also be answered, such as: What is MT4? How does MT4 work? How is it different from other trading platforms like MT5 and cTrader? And how to automate trading with Expert Advisors?
How to compare MT4 Brokers
When setting up a trading account, it is common for a broker to support various trading platforms. As you compare brokers, it is important to pay special attention to factors that set these MT4 accounts apart from the accounts offered connected with other trading platforms. To compare MT4 Forex brokers, we need to consider the following:

MT4 account types: While a broker will support MT4, brokers often have multiple account types, and it could be that not all account types will allow you to trade using the MT4 platform. If you intend to use MT4, verify the account that best suits you also supports MT4.

MT4 trade execution and conditions: Be sure to check the trading conditions of your MT4 account. The trade execution method, speed of execution, and the trading costs of your trade can all be impacted by the platform and account combination. As you choose your MT4 account, be sure to verify the conditions against what was advertised.

MT4 tools and plugins: The occasional broker offers plugins and tools for the platform. Axi offers Psyquation and Autochartist to clients for free, while Admirals, through cooperation with MetaQuotes, built MT4 Supreme Edition. These additions to the platform change the trading experience and add additional benefits to the trading platform.

MT4 support: Setting up a trading platform like MT4 can take time to install and customize. Select brokers will offer their assistance, which can be helpful for beginners. Be aware that some brokers have limited customer service hours, especially on weekends, so finding a broker whose customer service hours suit you.
XM - Best MT4 Education
An multi-regulated market-maker with tight spreads over three simple account types, XM stands out from a crowded field of MT4 brokers for its educational support and customer service. XM's MT4 video tutorials guide new traders through all the important features of XM's MT4 platform. Tutorials cover most things from opening a trading account to understanding pending orders and backtesting Expert Advisors.

All MT4 accounts have a max leverage 30:1, negative balance protection, and minimum deposits start from 5 USD. XM MT4 spreads are as low as 0.6 pips, and 99.35% of all trades are executed in less than 1 second. XM also has a strict no-requotes/rejection policy, which means that all trades are always filled at the price expected. MT4 users can trade Forex, stock indices, precious metals, and energies.

Themed "WikiFX Attracts Global Attention with Data and Wisdom", the grand summit kicked off in Shanghai on February 13, as WikiFX joined hands with the best security brokers and important guests from the forex industry to discuss the value of financial data, and international forex development strategies.To get more news about wikifx app, you can visit wikifx.com official website.
WikiFX, a top-notch young company providing a transformative financial app, has released the full international version with languages, providing users with trends and updates in the forex sector, help in avoiding fraudulent brokers, and offering advice for the never-ending problems facing all investors.

Finding the right Forex broker is crucial especially for the newbie trader, in order that he learn the proper techniques of trading, able to safeguard his money, and compound his investments. This is where WikiFX stands tall, as a platform for finding the best brokers, now established in its full international version.

The aim of the platform is to offer users actionable insights about brokers. Through detailed services like correlated broker inquiries, downloadable credit reports, complaint and safeguard, broker monitoring, broker identification, credit assessment, risk exploration and many other services on this platform, to help with their trading.

The WikiFX platform covers a wide range of broker ratings directly from regulators, local governments and overseas markets. It has already rated more than 5000 foreign exchange brokers from 100 nations, and gathered the qualifications of nearly 80% of brokers at the international level, from 120 national regulators.

WikiFX ratings given to brokers are essentially recognized by regulators worldwide, lending support to the WikiFX international version, and the new App as it takes to the international market and becomes available as the "WikiFX App" on Google Play and the Apple Store.

App users can set up private accounts with their preferred transactions, search for credit assessments of brokers through the platform, and receive a quantitative assessment of the regulations of each broker. In other words, as a platform to help traders, it is also highly credible and globally influential.

The 2019 WIKIFX SYDNEY SUMMIT, regarded as a top annual event by the international Forex industry, will be hosted by WikiFX on 1st March in Sydney, Australia. Many influential Forex elites will be speaking at the event and sharing Forex experiences, while Forex investors worldwide are invited to attend, participate and enjoy!

Forex trading among retail investors and traders in Australia is on the rise as this huge financial market expands in the country and globally. Many currencies trade in the forex market, and the Australian dollar (AUD) - also known by its nickname "the Aussie" - is among them. This currency is issued and managed by the Reserve Bank of Australia (RBA) which acts as the country's central bank. To get more news about asic regulated forex brokers, you can visit wikifx.com official website.

Furthermore, the Bank for International Settlements (BIS) ranked the AUD 5th among April 2016's most actively traded currencies when it then made up 6.9 percent of forex market turnover. The AUD was also ranked 6th among currencies held as central bank reserves, making up 1.5 percent of Q3 2018 reserves, according to the International Monetary Fund (IMF).
6 Best ASIC-Regulated Forex Brokers
Each of the top ASIC-regulated forex brokers listed below accepts Australian clients. Although forex traders based in Australia will typically select an ASIC-regulated broker to deal through for their own protection, other international brokers may also accept them as clients.

When selecting the best online brokerage firms regulated by ASIC, keep in mind the broker you choose is as important as how you trade. Also, the amount of leverage you can use, the assets you can trade, the available trading software and the required amount for a minimum margin deposit can vary substantially between brokers, so review each broker carefully to make sure they can fulfill your requirements.

1. Best for Access to Foreign Markets: Interactive Brokers
Interactive Brokers is a top U.S.-based online broker that was founded in 1977. It allows you to trade more than 120 world markets, including stocks listed on the Australian Stock Exchange (ASX). Regulated in the U.S. by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC), Interactive Brokers accepts clients from Australia via its Interactive Brokers Australia Pty Ltd. subsidiary which is duly regulated by ASIC.

In addition to forex pairs, Interactive Brokers lets you trade stocks, futures, options and options on futures, bonds and funds. Its top-rated trading platform TraderWorkstation (TWS) is available in both Windows and Mac versions and is geared toward professional traders. Interactive Brokers also offers a mobile option for iOS and Android, as well as a more basic trading platform called Client Portal.

Although you might find the Interactive Brokers commission schedule somewhat complex, its fees are competitive to suit high-volume trading. It also offers extensive research and educational materials for traders who need that. This broker does charge a fee for inactive accounts.
2. Best for US Clients: FOREX.com
FOREX.com is the leading online forex broker in the U.S. for client assets. It submits to strict regulation under the CFTC and NFA, as well as ASIC and accepts Australian clients.

You will need a minimum deposit of $250 to open a trading account at FOREX.com. Although the maximum leverage ratio is only 50 to 1, you can trade micro-lots if you want to take the lower risk to start with.

With respect to trading platforms, FOREX.com offers its own proprietary trading platform and also lets you use Metatrader 4 or 5 (MT4/5) and NinjaTrader. The broker supports platforms for trading on desktop, web-based or mobile devices.
3. Best in Australia: Vantage
Vantage is a forex trader and CFD market for anyone in Australia. You can also trade indices, commodities and cryptocurrency if you like. With quality liquidity and the capacity to handle high volume traders, Vantage also offers:
4. Best for Low Deposits: Plus 500
You do not own or have any rights to the underlying assets. Consider if you fall within our Target Market Distribution. Please refer to the Disclosure documents available on their website.

In order to trade in a real trading account you will need to complete the registration, fill in the questionnaire, verify your account and deposit $100 to get started with an account at Plus500. You can trade an exceptionally wide range of more than 2,500 assets on CFDs. The broker does not provide support for MT4/5, and its proprietary trading platforms have similar functionality but lack the user base and third party software that MT4/5 is so popular for.
5. Best for MetaTrader4 Users: IG
Founded in 1974 in the UK, IG is an online forex and CFD broker that also offers spread betting. It is regulated by the FCA in the UK and by ASIC in Australia, and it accepts Australian clients.

IG uses a popular broker model that features straight through processing (STP) for order execution and it offers direct market access (DMA) for share trading.

You'll need at least 0 to open a trading account with IG that will let you trade forex, shares, commodities, exchange-traded funds (ETFs), cryptocurrencies and indices. Its supported 3rd-party trading platforms include MT4, and the broker also offers its proprietary app for mobile trading app and a web-based trading platform.

The Financial Services Commission (FSC) of the British Virgin Islands (BVI) is the supervisory authority responsible for overseeing and regulating the financial services industry in the British Virgin Islands, a is a popular offshore jurisdiction. Due to its tax rate structure, the BVI has become one of the known places for Financial Investment firms.To get more news about fsc regulated forex brokers, you can visit wikifx.com official website.

BVI FSC Forex Trading Platform
Forex Trading is legal and regulated in the British Virgin Islands (BVI). IIn fact, many forex brokers choose to register and operate from the BVI due to its favorable business environment, which includes a relatively low tax regime and a flexible regulatory framework allowing to accept traders from around the world. Yet, BVI is an offshore zone which is hardly compared for its transparency and sharp rules to reputable jurisdiction like US, UK or Australia.

The Financial Services Commission (FSC) is the regulatory body responsible for overseeing the financial services sector in the BVI, including forex trading activities.
Forex brokers and platforms operating in the BVI need to be licensed by the FSC and comply with their regulations
Although forex trading is legal in the BVI, the regulations are considered low compared to top-tier and reputable financial Regulators worldwide. That is why it is essential for traders to exercise caution and do deep research before selecting a broker, as the level of regulatory oversight might differ from more stringent jurisdictions. (For example, Read Why Trade with UK FCA Regulated Brokers)
The British Virgin Islands FSC Regulation
The British Virgin Islands is considered an offshore financial center, and the Financial Services Commission is the regulatory body that oversees the financial services sector within the territory. The FSC's role is to ensure that the BVI's financial services industry operates within the established regulatory framework and adheres to international standards while providing financial services to non-residents, which is characteristic of offshore jurisdictions.

FSC regulatory body was established in 2001 under the Financial Services Commission Act, 2001, and is now handling all the responsibilities previously held by the government through the Financial Services Department. It serves as an autonomous regulatory authority for the financial services industry in the British Virgin Islands.
Generally, the FSC's responsibilities are to ensure compliance with laws, secure and maintain transparent operations along with investors' protection. FSCBVI integrates financial market participants in a fair environment through certain threshold conditions.
However, BVI and any other offshore zone is highest risk zones, since many unscrupulous Brokers establish their entities here too. So in case Brokers is solely BVI regulated Broker it is high risk to be a scam Forex.
Even though the authority operates according to international, global standards it is not providing the level of protection as UK, AU, or US authorities.
The minimum capital required to set up a business is much lower compared to other authorities. Besides, FSCBVI-regulated forex brokers do not need to provide a segregated account for customer deposits, along with other much "easier" protections for the traders applied, also with access to High-leverage provided recognized as highly risky activity overall
However, it still maintains a safe trading environment for the BVI Regulated Forex Brokers that have additional regulations but gains access to accept international Traders via its BVI entity. But, it is essential to do your own research and we advise to choose Broker with additional licenses due diligence before selecting a broker, since BVI doesn't ensure the same level of protection as more stringent regulators.
What is the FSC Certified Broker?
An FSC Certified Broker refers to a financial services provider, such as a forex broker, that has been licensed and regulated by the Financial Services Commission (FSC) of a particular jurisdiction, BVI FSC in the case.

Are FSC Brokers Good to Trade?
FSC-regulated brokers can be good to trade with, but we would recommend choosing Broker with another reputable license to be a good choice. However, traders should always consider the fact that BVI is an offshore zone and the level of regulatory oversight and investor protection provided by FSC is considered low.

How Does FSC work?
The FSC being a Regulatory Body primary function is to ensure that financial service providers, such as banks, insurance companies, investment firms, and forex brokers, operate within a well-regulated framework and maintain transparency, fair practices, and compliance with international standards. Yet, worldwide BVI FSC and regulation are ranked as an offshore zone with slight regulation compared to top-tier regulators like ASIC or FCA.

While no single Middle Eastern regulatory agency exists, there are respected organisations in individual countries. The best-known regulator in the Middle East is the Dubai Financial Services Authority (DFSA).To get more news about dfsa regulated forex brokers, you can visit wikifx.com official website.

We understand that traders have different needs. Beginner traders may want a broker with excellent educational materials, while more experienced traders may look for a broker with fast execution and advanced trading tools. Others want high levels of leverage or low deposit accounts. The DFSA-regulated brokers below cater to these differing needs but are also listed because of their excellent reputations in the Forex trading industry.
What is the DFSA?
The Dubai Financial Services Authority, or DFSA is the local Dubai regulator of all non-banking financial activities and has oversight over all regulated brokers in Dubai.

What does the DFSA do?
The DFSA regulates financial activity in Dubai. It also supervises the Forex currency market to protect Forex traders from illegal actors and rogue brokers. Regulation is the primary way to establish trust in a Forex broker.

What is the goal of the DFSA?
The principal goal of the DFSA is only to regulate businesses enough to prevent unnecessary risks. In a letter dated July 24 2017, the CEO of the DFSA, Ian Johnston, issued new rules for OTC Derivate brokers accepting retail clients following an increase in the numbers of cross-border companies targeting the region.

These new rules mandated margin requirements dependent on the leverage used, outlawed using credit cards for making deposits (debit cards are still allowed), and required that all educational and marketing material is clear, fair, and not misleading.

Forex Risk Disclaimer
Trading Forex and CFDs is not suitable for all investors as it carries a high degree of risk to your capital: 75-90% of retail investors lose money trading these products.

Forex and CFD transactions involve high risk due to the following factors: Over-leveraging, unpredictable market volatility, slippage arising from a lack of liquidity, inadequate trading knowledge or experience, and a lack of regulatory protection for clients.

Traders should not deposit any money that is not disposable. Regardless of how much research you have done, or how confident you are in your trade, there is always a substantial risk of loss. (Learn more from the FCA or from ASIC)

Our Methodology
Our State of the Market Report and Broker Directory are the result of extensive research on over 180 Forex brokers. The explicit goal of these resources is to help traders find the best Forex brokers - and steer them away from the worst ones - with the benefit of accurate and up-to-date information.

With over 200 data points on each broker and over 3000 hours of research and review writing, we believe we have succeeded in our goal.

In a world where trading conditions and customer support can vary based on where you live, our broker reviews focus on the local trader and give you information about these brokers from your perspective.

A lot of new forex beginners may never have heard the words ‘regulated' and ‘authorised' in the context in which they are used in the forex industry.To get more news about fspr regulated forex brokers, you can visit wikifx.com official website.

Simply defined, regulation refers to global supervisory bodies who are tasked to regulate forex by setting specific standards that the brokers who fall under their jurisdiction must comply with.

Such standards can include being registered, licensed, and thus authorised with the regulatory body, having frequent audits conducted, communicating changes of service to the traders that have registered accounts with them, and more.

These standards are unique to each regulatory body and their jurisdiction, however, they serve the same purpose, to keep traders and their funds safe.
What is the FSCA and its role in forex trading

Each country and region has its own regulatory body that regulates and authorises financial institutions or businesses that offer financial products and services to citizens within that country or region.

The Financial Sector Conduct Authority, also known as the FSCA, is the market conduct regulator of financial institutions within South Africa. The FSCA regulates and authorises the following financial service providers (FSP):
The FSCA works and to ensure that the financial sector is efficient and that customers within it remain informed and are treated fairly. This also ensures the provision of a stable financial market where consumers are both informed and protected.

It also ensures that those who jeopardize the financial well-being of consumers are held accountable for their actions or their attempts in doing so.

Why must you only use regulated forex brokers?

Regulatory entities such as the FSCA ensures that consumers are treated fairly, they are protected, and that they are informed; choosing a forex broker may be tedious, however, the most important aspect to verify when evaluating different brokers, is that the broker is regulated and authorised by a reputable regulatory entity in the country where the trader resides.

The reason for this, is that should there be any disputes, problems, or issues, and the trader reports the broker to the regulatory entity, it means that the problem, issue, or dispute can be resolved if the broker is found guilty of an offence.

When traders try to report unregulated brokers for the same reasons, it means that traders do not have support from any known regulatory entity, and that traders could lose their funds to fraudulent, illegitimate, or scam brokers who claim to have regulation, but do not.

When choosing a forex broker, traders cannot merely depend on the broker's claim that they are regulated and authorised.
Traders must ensure that they enquire about the corresponding license number that the broker was issued to confirm that they are both regulated and authorised to provide financial services and products.

Amidst the FSCA, there are reputable and trustworthy regulatory entities around the world who are the watchdogs over the forex market, ensuring that traders have access to a safe and secure trading environment.