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50% Tariff Imposed on India: The Sectors That Will Be Hit the Hardest

50% Tariff Imposed on India: The Sectors That Will Be Hit the Hardest

Finally, the day (August 27, 2025) arrived that India did not want. The imposition of 50% tariff by the US administration on most products exported from India. As per the US, the tariff is largely due to India continuing to purchase Russian oil. The extra 25% duty was added over 25% imposed at the beginning of August 2025 as India refused to stop purchasing Russian crude and defence hardware. Check out the sectors that will be hit the hardest with this tariff increase.

News 08-28
Investment Scam Alert: Deepfake Video Shows Indian FM Endorsing QuantumAl

Investment Scam Alert: Deepfake Video Shows Indian FM Endorsing QuantumAl

Deepfake video scams are increasing nowadays. They are so clear and realistic that you can’t differentiate what is real and what is artificial. Fraudulent brokers are using this to trap people. One of the recent scams came to light in India, which is a serious fake investment scam, as the video shows the Finance Minister of India, Nirmala Sitharaman, promoting a fake broker, Quantum AI.

Exposure 08-28
FCA Alerts Public to FXOpen Finance Clone Scam

FCA Alerts Public to FXOpen Finance Clone Scam

The FCA warns of an FXOpen Finance clone scam impersonating authorised FXOpen Ltd to defraud UK investors in forex trading.

Exposure 08-28
Q2 GDP Revised Sharply Higher As Data Center Investments Sharply Boost Growth

Q2 GDP Revised Sharply Higher As Data Center Investments Sharply Boost Growth

While the number mostly reflects a reversal of the tariff frontrunning seen in Q1 (which dragged GDP

Industry 08-28
Investigation into Multibank (Europe) Ltd and Why Traders Should Stay Cautious

Investigation into Multibank (Europe) Ltd and Why Traders Should Stay Cautious

Multibank (Europe) Ltd, part of the wider MultiBank Group, has recently caught our eye. Public complaint trackers and field reports show a spike in user grievances (withdrawal blocks, unresponsive support, account freezes).

Exposure 08-28
Doo Group KL Call Center Inspected in Scam Crackdown

Doo Group KL Call Center Inspected in Scam Crackdown

Malaysian police inspect Doo Group’s Kuala Lumpur call center amid nationwide crackdown on financial scams. Operations remain unaffected.

News 08-28
What Is NFP in Forex? A Complete Trader's Guide to Non-Farm Payroll

What Is NFP in Forex? A Complete Trader's Guide to Non-Farm Payroll

The NFP isn't a get-rich-quick scheme. It's a force of nature in financial markets. Respect the volatility, be patient, and prioritize protecting your money above all else. By doing this, you can navigate NFP releases not with fear, but with the confidence of a prepared and disciplined trader.

News 08-28
What Is Hedging in Forex? A Comprehensive Guide for Traders

What Is Hedging in Forex? A Comprehensive Guide for Traders

Understanding what is hedging in forex and how to hedge forex trades is a sign of a maturing trader. It represents a shift from purely seeking profits to incorporating sophisticated defensive strategies. Hedging is fundamentally about risk management and protecting capital, not creating new profit opportunities. It's paying a small, known cost to protect against a large, unknown loss. The decision to hedge should never be taken lightly. It must be a calculated choice, carefully weighing the perceived risk against the definite cost of the protective trade. It's a tool for specific circumstances, not an everyday strategy.

News 08-28
What Is Equity in Forex? The Definitive Guide for Traders

What Is Equity in Forex? The Definitive Guide for Traders

Ultimately, understanding and monitoring your equity is about shifting your focus. You move from a static account history to a dynamic, real-time risk assessment. It moves you from being a passive scorekeeper to an active risk manager. By mastering your equity, you take a critical step toward mastering your trading.

News 08-28
What Is a Forex Reserve? The Ultimate Guide to Global Economic Stability

What Is a Forex Reserve? The Ultimate Guide to Global Economic Stability

From our exploration, it's clear that forex reserves are far more than a simple entry on a central bank's balance sheet. They are the fundamental toolkit for ensuring economic stability in a deeply connected world. They empower a nation to manage its currency, guarantee its ability to pay for essential imports, service its debts, and weather unpredictable economic storms. A healthy reserve level is the foundation of investor confidence and a symbol of a country's economic independence. While the future may bring shifts in what makes up a reserve asset—with a slow diversification away from the dollar and the potential rise of digital currencies—their core purpose will remain unchanged. As long as we live in a globalized economy, forex reserves will continue to be the ultimate financial backstop. They are the silent guardian of national economic stability.

News 08-28
Tradu Speeds Up Digital Trading Platform Overhaul

Tradu Speeds Up Digital Trading Platform Overhaul

Tradu drives a major digital trading platform transformation with AI, hybrid cloud, and strategic tech partnerships to serve active traders.

News 08-28

Consumer confidence sends worrisome signal on economy, inflation

The Conference Board's Consumer Confidence Survey for August was released this week.

Industry 08-28
 FCA Issues Warnings Against Five Unauthorised Firms Targeting UK Investors

FCA Issues Warnings Against Five Unauthorised Firms Targeting UK Investors

UK’s FCA adds Ledger Light FX, fx-alpha.com, RIFA FX, InvestCAN, and NitroPrime to its unauthorised list. Learn the risks of unregulated brokers and how to stay alert.

News 08-27
ASIC Targets Scam Websites and Social Media Ads

ASIC Targets Scam Websites and Social Media Ads

ASIC intensifies crackdown on online investment scams. Learn how WikiFX verification helps traders avoid unlicensed brokers.

News 08-27

There is another update in the Spirit Airlines bankruptcy case

Spirit Airlines recently revealed that its ability to stay in business is in question.

Industry 08-27

Goldman Sachs Lays Out a Shock Brent Oil Scenario

The crude oil supply-demand balance points to a future few expected.

Industry 08-27
Withdrawals Rejected, Support Missing | Traders Share Real Experiences with MultiBank Group

Withdrawals Rejected, Support Missing | Traders Share Real Experiences with MultiBank Group

From ignored withdrawal requests to alleged scams, traders’ testimonies reveal a dangerous pattern at MultiBank Group that no investor can afford to ignore.

Exposure 08-27
Scam Claims Surge Against MultiBank Group Broker

Scam Claims Surge Against MultiBank Group Broker

MultiBank Group faces growing scam claims despite multiple regulations; client complaints highlight withdrawal issues, inducement fraud, and shady practices.

Exposure 08-27
Asia Beware: MultiBank Group Faces Warnings Across the Globe

Asia Beware: MultiBank Group Faces Warnings Across the Globe

MultiBank Group promotes itself as a heavily regulated global broker, but the reality is far more troubling. Behind its glossy image lies a tangled web of revoked licences, offshore registrations, and regulatory warnings that traders, especially those in Asia, cannot afford to ignore!

Exposure 08-27
Real Stories, Real Scam: How WikiFX Turns Evidence into Exposure

Real Stories, Real Scam: How WikiFX Turns Evidence into Exposure

Victims reveal Forex trading scam stories on WikiFX. See how to collect evidence, expose fraudulent brokers, and help protect the trading community.

News 08-27
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