Ringgit hits five-year high against US dollar in holiday trade
The Malaysian ringgit extended its rally, reaching a five-year high against the US dollar, trading in a narrow range of RM4.04-RM4.05.
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Abstract:Scam Brokers List Out! Before these unauthorised forex brokers steal your money. Check out the scam brokers list below and stay alert. This warning list was recently released by the UK’s Financial Conduct Authority (FCA).

Scam Brokers List Out! Before these unauthorised forex brokers steal your money. Check out the scam brokers list below and stay alert. This warning list was recently released by the UKs Financial Conduct Authority (FCA).
Unauthorised firm details
1. Name: NivarioTrader
Website: www.nivariotrader.net
2. Name: Morganprotrade (Clone of FCA authorised firm)
Telephone: +447510514337
Email: support@morganprotrade.com
Website: https://morganprotrade.com/
3. Name: ValatrixTrader 19
Website: www.valatrixtrader19max.net
4. Name: GrowWealth
Telephone: +19306622222
Email: info@growwealth.pro
Website: www.growwealth.pro
5. Name: Trade Avita
Website: www.tradeavita.net
6. Name: BFM / blockchainforexmarket.net
Address: 65 Shearsmith Tower, Cable Street, London, E1 8HU
Email: support@blockchainforexmarket.net
Website: www.blockchainforexmarket.net
7. Name: Invexium Invest
Website: www.invexiuminvest.net
8. Name: TradeFX Capitalize
Email: support@tradefxcapitalize.online
Website: www.tradefxcapitalize.online
9. Name: theaccessfunds.com (Clone of FCA recognised fund)
Email: lucas.grant@theaccessfunds.com,
damon.dangelo@theaccessfunds.com,
mariocosta@theaccessfunds.com,
martin.harris@theaccessfunds.com,
arthur.novk@theaccessfunds.com
Website: theaccessfunds.com
10. Name: Expertmarketbuilder
Address: 625 California St, San Francisco, UNITED STATES OF AMERICA, CA 94108-2506
Email: support@expertmarketbuilder.top
Website: www.expertmarketbuilder.top
FCA Alerts Investors
Authority warns all traders and investors to be careful, as some illegal companies may give fake contact details like wrong addresses, phone numbers, or email IDs. They might also change this information later to avoid being tracked. If you deal with such a company and something goes wrong, its very unlikely you will get your money back if the company shuts down or disappears.
If you want to read more informative articles about forex brokers. You can download the WikiFX app and stay updated with the latest news related to the forex market — such as scam alerts, regulatory warnings, new broker features, and broker exposés. You can access all this news in WikiFX App or simply visit the news section on the WikiFX website.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

The Malaysian ringgit extended its rally, reaching a five-year high against the US dollar, trading in a narrow range of RM4.04-RM4.05.

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It starts with a phone call—often aggressive, always persistent. A "personal manager" promises to guide you through the complexities of the market, asking for a modest $200 deposit. But according to sixteen separate reports from victims across Latin America, Europe, and the Middle East, that initial deposit is just the entry fee to a financial hostage situation.

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