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Abstract：Powered by WikiFX: (GOLD, EUR/USD, GBP/USD, USD/JPY, ) Technical Analysis May 10, 2023
Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
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.
You are likely here because you are considering trading with 9X markets, but their very recent launch date has you worried about the safety of your funds. You are right to be cautious.
If you are considering depositing funds with MYFX Markets, you need to pause and read this safety review immediately. While many brokers operate with high standards of transparency, our analysis of the data suggests MYFX Markets poses significant risks to retail investors.
9Cents (established 2024) presents the risk profile of a newly formed, unsupervised financial entity. Despite utilizing the reputable MT5 trading infrastructure, the broker operates without effective regulatory oversight and has already accrued serious allegations regarding fund safety. 9Cents is classified as a High-Risk Platform, primarily due to the discord between its high minimum deposit requirements for competitive accounts and its lack of legal accountability or capital protection schemes.
Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has issued a public warning against CoinCola, adding the platform to its Alert List of suspicious virtual asset trading platforms (VATPs). According to the SFC, CoinCola operates through the website and is suspected of conducting unlicensed virtual asset activities while appearing to target or operate in Hong Kong.
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