Is a Falling Ringgit Wrecking Your Budget? Here’s the Maths
Learn how ringgit swings change your study, travel and online shopping costs, with a clear calculation and no trading advice.
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Learn how ringgit swings change your study, travel and online shopping costs, with a clear calculation and no trading advice.

The Central Bank of Nigeria announced that the exchange rate gap between official and Bureau de Change markets has narrowed below 2%, while external reserves surpassed $52.5 billion, a 17-year high. The disclosure was made at the CBN Fair in Gombe, alongside updates on monetary policy and ongoing structural reforms.

Leverage and margin allow traders to control large positions with a small deposit. This article explains how they work, walks through a hypothetical example of profit and loss magnification, and clarifies common beginner misunderstandings.

Brent crude falls below $80 as markets price in a temporary Strait of Hormuz agreement, even as physical shipping remains paralyzed and war risk premiums stay elevated.

EmiraX Markets holds a WikiFX score of 1.91 with no confirmed regulatory oversight. Multiple users across Southeast Asia report that withdrawal requests trigger account suspensions, excuses, and non-payment , a pattern that demands careful scrutiny before depositing any funds.

Learn to recognize the psychological tricks in high-yield forex scam messages targeting African beginners, without being told how to trade.

The Malaysian ringgit slipped marginally against the US dollar to 4.0945/0985 on August 4, 2026, pressured by stronger-than-expected US manufacturing data that pushed the DXY above 100. However, the local currency strengthened against all other major and regional currencies including the yen, euro, pound, baht, rupiah, peso, and Singapore dollar.

Capital.com has appointed Mamoon Sbeih, former APCO MENA Chairman with 27 years of strategic communications experience, as Chief Strategy Officer to lead corporate strategy, government relations, and corporate communications as the trading platform expands into new markets.

Leverate Capital Markets has ended its operations in Belarus and withdrawn from ARFIN. WikiFX currently lists Leverate Financial Services Ltd as having no valid forex licence.

Moneta Global Financial Services LLC has received a Category 5 licence from the UAE Capital Market Authority, establishing a regulated structure for the company’s activities in the country.

Keynes Investment carries a WikiFX score of 1.90 with no regulatory information found in any jurisdiction and an inaccessible website , a high-risk profile that traders should evaluate carefully before depositing funds.

Olymptrade operates under offshore regulation and currently holds a low WikiFX score of 1.34 due to multiple regulatory warnings and a high volume of user complaints. Indian traders should be aware of significant risk signals involving alleged platform manipulation and unresolved withdrawals before funding an account.

BXB is an unregulated broker with a dead website and a WikiFX score of 1.91. Zero regulatory licenses and a reported withdrawal failure make this a high-risk platform that traders should approach with extreme caution.

LONG ASIA faces a mounting wave of withdrawal complaints from traders across Malaysia, India, and beyond , with some users waiting over seven months for their funds. A WikiFX score of 1.57 and an unverified FSCA licence add to the concerns.

STMARKET holds a low WikiFX score of 5.45 and faces a serious withdrawal complaint from a Turkish trader whose $3,250 was approved but never paid. While the broker is authorised by Cambodia's SERC, the regulatory protections are limited. This review walks through the complaint, the regulatory status, and what traders should verify before depositing.

A beginner-friendly walkthrough of the MetaTrader 4 and 5 platforms: core window layout, step-by-step order placement via a hypothetical trade, and five common mistakes new users make. No trading advice is given.

IG holds multiple top-tier licenses and a high WikiFX score, but Indian traders face significant risks from clone apps impersonating the broker and mixed customer service feedback regarding withdrawals. Traders must rigorously verify they are using the official platform before depositing funds.

OJK revoked PT BTPN Syariah Ventura's business license via decree KEP-47/D.06/2026 on 3 August 2026. Parent company PT Bank BTPN Syariah Tbk has begun liquidation proceedings, while Bank SMBC Indonesia endorsed the move and confirmed no material financial impact. The venture unit's activities will be integrated into the SMBC Financial Conglomerate.

The Reserve Bank of India held its repo rate at 5.25% for a fourth straight meeting in a unanimous August 2026 decision, maintaining a neutral stance as growth forecasts rose and inflation projections edged lower. Nearly $41 billion in overseas capital has flowed into India since June, covering almost twice the current account deficit, with MUFG raising its inflow forecast to $87 billion. Analysts at BBH and MUFG see the rupee supported in the near term, with USD/INR expected to grind towards 94.00 before rebounding next year.

Did LMAX Group deny you withdrawals citing frozen funds at the wallet service provider’s end? Have you been so exhausted by the endless withdrawal hassles that you have begun to stop investing in the platform? Has this UK-based liquidity provider even questioned your fund ownership status when you requested withdrawals? You are not alone! Many users have complained about these issues while sharing their LMAX Group reviews.