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FSMA Warns That Some Firms Operate as Pyramid Schemes

FSMA Warns That Some Firms Operate as Pyramid Schemes

The FSMA has sounded the alarm on a “new wave of fraudulent trading platforms” that rely on pyramid schemes to sustain payouts. According to regulator observations, these schemes allow small withdrawals at first in order to build trust, then use excuses to block larger withdrawal attempts. Eventually, when recruitment of new participants falters, the platform vanishes with all funds, leaving victims empty‑handed.

News Two days ago
FortuixAgent Review: What You Should Know?

FortuixAgent Review: What You Should Know?

FortuixAgent is an automated trading platform designed to execute buy and sell orders by leveraging live market data and artificial intelligence. The platform supports multiple asset classes, including forex majors, crypto pairs, and precious metals, allowing diversification from a single dashboard. Recently, FortuixAgent has played a role in many regional markets, including South Africa, South Asia, etc. However, is it reliable?

Exposure Two days ago
Is Your Forex Strategy Failing? Here’s When to Change

Is Your Forex Strategy Failing? Here’s When to Change

Have you been encountering frequent forex losses? Finding it hard to gain the trading momentum? Can’t understand whether your current forex strategy is in line with the shift in economic indicators or the geopolitical climate? Overcomoming these will require a change to your forex investment strategy. Learn those smart strategic changes here.

News Two days ago
TMGM Signs Multi-Year NBA Sponsorship with Brooklyn Nets

TMGM Signs Multi-Year NBA Sponsorship with Brooklyn Nets

TMGM announces multi-year NBA sponsorship with Brooklyn Nets, featuring courtside branding at Barclays Center starting 2025 and broad trading platform collaboration.

News Two days ago

Textiles to whisky: U.K.–India 'historic' deal is set to boost bilateral trade by over $34 billion a year

The agreement between the world's fifth and sixth largest economies will boost the bilateral trade by a further 25.5 billion pounds ($34.4 billion) by 2024.

Industry Two days ago
TriumphFX Faces Regulatory Warnings and Fraud Investigations

TriumphFX Faces Regulatory Warnings and Fraud Investigations

TriumphFX is under scrutiny with multiple regulatory warnings and fraud investigations worldwide. Stay informed on its license status and avoid potential scams.

Exposure Two days ago

Federal Reserve likely to hold interest rates steady despite pressure from Trump. Here's what that means for your money

The Fed’s decision on interest rates affects many types of consumer borrowing costs, from credit cards and mortgages to auto loans.

Industry Two days ago
CySEC Reviews Conotoxia Ltd’s License Over Governance Requirements

CySEC Reviews Conotoxia Ltd’s License Over Governance Requirements

CySEC has paused Conotoxia Ltd’s investment license as part of a regulatory review. The firm has one month to meet governance and compliance conditions.

News Two days ago
AI-Powered Content Challenges Investor Trust, Says South African Regulator

AI-Powered Content Challenges Investor Trust, Says South African Regulator

AI-generated voices and videos are blurring the lines of trust. The FSCA urges investors to verify financial services through official records.

News Two days ago

10-year Treasury yield flat as investors assess U.S. economy, trade developments

The 10-year Treasury yield was flat on Friday as investors weighed the slate of trade developments and economic data in the past week.

Industry Two days ago

10-year Treasury yield falls as investors assess U.S. economy, trade developments

The 10-year Treasury yield moved lower on Friday as investors weighed the slate of trade developments and economic data in the past week.

Industry Two days ago

Puma shares plunge 18% after full-year sales, profit outlook cut on U.S. tariffs

The sportswear brand said it expects full-year sales to decline by a low-double digit percentage this year.

Industry Two days ago

Thailand-Cambodia border clashes: Cambodia's economy has more to lose, analysts say

“Unlike Thailand, Cambodia has fewer policy tools … to cushion the blow,” says Sreeparna Banerjee, associate research fellow at Observer…

Industry Two days ago

Textiles to whisky: U.K.–India historic' deal is set to boost bilateral trade by over $34 billion a year

The agreement between the world’s fifth and sixth largest economies will boost the bilateral trade by a further 25.5 billion pounds ($34.4 billion) by…

Industry Two days ago

CNBC Daily Open: Triple whammy for Tesla

Tesla’s going through a bumpy ride. Auto sales are falling, the Trump administration is rolling back on EVs and the company sold bitcoin at a really bad…

Industry Two days ago

European markets open lower as U.S. trade talks and earnings keep spotlight

Join CNBC for the latest news on what’s moving European markets.

Industry Two days ago

European stocks volatile after Trump says '50-50 chance' of trade deal with the EU

Join CNBC for the latest news on what’s moving European markets.

Industry Two days ago

LVMH shares jump 2.5% after reporting better-than-feared earnings, Texas factory plans

Join CNBC for the latest news on what’s moving European markets.

Industry Two days ago

Auto giant Volkswagen cuts guidance as U.S. tariffs hit profit hard

Europe’s biggest carmaker posted a sharp drop in second-quarter profit, primarily due to high costs from increased U.S. import tariffs.

Industry Two days ago

CNBC Daily Open: Tesla's bad things come in threes

Tesla’s going through a bumpy ride. Auto sales are falling, the Trump administration is rolling back on EVs and the company sold bitcoin at a really bad…

Industry Two days ago
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