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Trump Declares Economic D-Day, Threatens Iran's Global Trade Partners

Trump Declares Economic D-Day, Threatens Iran's Global Trade Partners

United States President Donald Trump escalated his administration's financial offensive against Iran on Wednesday, announcing what he described as the "most crushing economic operation ever taken against any country," as talks to end the more than five-month conflict between the two nations remain deadlocked.

News

Trump bemoans Fed interest rate policy, says U.S. should be paying much less

As he has done in the past, Trump accused Fed officials of having political motives.

Industry
WikiFX Elite Night 2026 Hanoi: Discussing New Opportunities in Regional Financial Services

WikiFX Elite Night 2026 Hanoi: Discussing New Opportunities in Regional Financial Services

On August 21, 2026, WikiFX successfully hosted the "Elite Night 2026 · Hanoi – Discussing New Opportunities in Regional Financial Services" in Vietnam. The event brought together top-tier Introducing Brokers (IBs), Key Opinion Leaders (KOLs), financial service institutions, and industry partners from the Vietnamese market, creating a high-quality networking event that emphasized in-depth dialogue and resource connectivity.

News
Warren Bowie & Smith Review 2026: 1.23 Score Raises Red Flags as Withdrawal Complaints Grow

Warren Bowie & Smith Review 2026: 1.23 Score Raises Red Flags as Withdrawal Complaints Grow

Was your trading experience with Warren Bowie & Smith, a Mauritius-based brokerage entity, not so fruitful? Did the broker tempt you into trading by giving you assurances of profits that never appeared on the Warren Bowie & Smith login dashboard? Did you struggle to withdraw profits from the trading platform? Upon your withdrawal request, did the broker official make you invest further? This Warren Bowie & Smith review examines serious trading allegations against the broker. Additionally, we have provided the broker’s regulatory status.

Exposure
DFSA warns of scam impersonating firm Menhir Capital

DFSA warns of scam impersonating firm Menhir Capital

The DFSA warned the public on 17 August 2026 that legitimate Authorised Firm Menhir Capital Management Limited has been impersonated in a scam using a fraudulent website (www.masiju.com) and email address. The regulator confirmed the genuine firm's domain is @menhircapital.ae and its true website is www.menhircapital.ae, and advised the public not to send money to any party connected to the scheme.

News
NAFEM turnover hits $1.41bn, highest in five weeks

NAFEM turnover hits $1.41bn, highest in five weeks

NAFEM turnover surged to $1.41 billion on August 17, 2026, the highest in five weeks, according to CBN data. The figure was more than seven times the $185 million recorded on August 11, with 394 deals including 178 interbank deals, as the naira strengthened to N1,350/$.

News
Miri man loses RM511,406 to fake online investment scheme

Miri man loses RM511,406 to fake online investment scheme

A man in his early 50s in Miri, Sarawak lost RM511,406 to a non-existent online investment scheme after receiving an unsolicited WhatsApp message on 18 March. He made 25 transfers to different bank accounts between 1 April and 24 May before realising he had been cheated. The case is investigated under Section 420 of the Penal Code for cheating, and police advise victims to contact the National Scam Response Center at 997.

News
A Losing Streak Hijacks Your Judgement. Here's a 4-Step Reset

A Losing Streak Hijacks Your Judgement. Here's a 4-Step Reset

A losing streak can hijack judgement and fuel revenge trading or freezing. This beginner-friendly guide explains the stress loop and shows a four-step mental reset for rebuilding decisions.

News
Why Fake Screenshots Make You Feel Like a Losing Trader

Why Fake Screenshots Make You Feel Like a Losing Trader

Survivor bias and fake screenshots distort your expectations before you even place a trade. Learn the psychological filter and how to see through it.

News
KATOPRIME Review: Regulation Gaps and Broker Risks Traders Cannot Ignore

KATOPRIME Review: Regulation Gaps and Broker Risks Traders Cannot Ignore

KATOPRIME carries a severe regulatory warning: no verified financial regulation was found, while BAPPEBTI disclosed unauthorized activity risks tied to blocked entities. User reports also describe accounts being suspended right when withdrawals were requested.

Exposure
DFSA warns of scam cloning authorised firm Menhir Capital

DFSA warns of scam cloning authorised firm Menhir Capital

The Dubai Financial Services Authority warned the public about a scam impersonating DFSA Authorised Firm Menhir Capital Management Limited, flagging a fraudulent website and email that misuse the firm's name, DIFC address and reference number. The regulator confirmed the genuine domain is @menhircapital.ae and advised the public not to send money to any party connected to the scam.

News
Fiji-deported man faces charges in $165M crypto Ponzi

Fiji-deported man faces charges in $165M crypto Ponzi

US federal prosecutors indicted Edward Zimbardi of Georgia, deported from Fiji, over an alleged cryptocurrency Ponzi scheme called "The Crypto Program" that defrauded more than 6,000 investors and caused over $165 million in losses.

News
FXPesa Review: Is Your Deposit Safe?

FXPesa Review: Is Your Deposit Safe?

FXPesa is the trading name of EGM Securities Limited, a Kenyan broker licensed by the Capital Markets Authority. This review covers its regulation, tradable products and the checks to complete before depositing.

Exposure
RAZOR MARKETS Review: What Traders Should Know Before Depositing

RAZOR MARKETS Review: What Traders Should Know Before Depositing

Razor Markets is a low-deposit MT5 broker with a low WikiFX score and no regulatory information found in the available records. Its website points to authorisation through other entities, so this review explains what to verify before funding an account.

Exposure
Diversified? Why Your Forex Strategies Can Still Fail Together

Diversified? Why Your Forex Strategies Can Still Fail Together

Adding more strategies does not automatically diversify your forex risk. Correlation shows how many positions move together, and it can rise exactly when market protection matters most.

News
Nigeria's inflation falls to 15.43% as CBN tightening bites

Nigeria's inflation falls to 15.43% as CBN tightening bites

Economist Dr Justin Amase attributes Nigeria's July 2026 headline inflation decline to 15.43% to the CBN's tight monetary policy, exchange-rate stability and easing supply-chain pressures, while food inflation rose to 20.31% year-on-year on structural factors.

News
SOFTRADE Review: Is Your Deposit Safe?

SOFTRADE Review: Is Your Deposit Safe?

SOFTRADE shows a low WikiFX score, no regulatory licence on file and a Central Bank of Russia (CBR) notice tying its website to signs of illegal market activity. This review explains what to verify before depositing.

Exposure
BOLD PRIME Review: Withdrawals Blocked, Accounts Banned, and Regulation Red Flags

BOLD PRIME Review: Withdrawals Blocked, Accounts Banned, and Regulation Red Flags

BOLD PRIME carries a severe warning: our investigation found no valid financial regulation, while Malaysia’s Securities Commission placed Bold Prime on its Investor Alert List for unlicensed capital market securities dealing. Trader complaints report unpaid withdrawals, frozen accounts, and blocked access to funds.

Exposure
FBI arrests man in alleged $165M crypto Ponzi scheme

FBI arrests man in alleged $165M crypto Ponzi scheme

Edward Zimbardi, 59, of Georgia was arrested by FBI agents at LAX on August 14, 2026, after Fijian officials deported him over the alleged $165 million "The Crypto Program" Ponzi scheme that prosecutors say defrauded at least 6,000 investors worldwide. He faces 12 counts of wire fraud, 12 counts of money laundering and one count of money laundering conspiracy, and is presumed innocent until proven at trial.

News
OANDA Review 2026 for India

OANDA Review 2026 for India

OANDA review for India covering global regulation, RBI forex rules, OANDA login security, platforms and regulatory history.

News
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