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Tähdet ja avaruus: Kaksoisluotaimet Marsiin saivat hyväksynnän – laukaisu kolmen vuoden kuluttua
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Trading Up: Exchange Trading Specialist James Alexander Smith Joins INFINOX
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Scam City: The unlicensed forex trader who lost £3.8 million
Mobeen Azhar
In his four-part series, journalist Mobeen Azhar finds out how investors lost millions of pounds after getting caught up in forex - foreign exchange - schemes.
In Scam City: Money, Mayhem and Maseratis, Mobeen discovers: investors were added to WhatsApp groups managed by unlicensed and unregulated so-called traders; allegations of investors being told that they couldn t withdraw their cash; and investors - after losing everything - realising that their investments, made through a firm called Infinox registered in the Bahamas, were not subject to UK regulation or the control of the Financial Conduct Authority (FCA).
AS Bamber used to say, here’s your starter for ten. Which Worcester thoroughfare was at one time considered to be among the finest streets in Europe? Not High Street, not Friar Street, not The Shambles, pause for drum roll, it was Foregate Street. By the end of the 18th century, and with England in its Georgian hey-day, the quarter mile or so length of road from the end of The Foregate north to the junction with Castle Street, was in its prime. Even today it is the street in the city richest in Georgian remains. Which was quite a transformation from what had gone on before. In Tudor times the highway was lined by cottages and small buildings, but nearly all of those were destroyed as defences were prepared for the Civil War siege of Worcester in 1646.
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INFINOX (www.INFINOX.com), a leading CFD and FX trading broker with international presence, including in Africa, recorded a 61% increase in revenue and a 28% rise in trading volumes to $553-billion in 2020. This is on the back of the company’s resilient expansion strategy and increasing investor demand across the globe.
The company aims to empower investors by providing them with a seamless user experience to trade effectively. This includes an array of assets including forex, equities, commodities and indices on the popular MetaTrader 4 and MetaTrader 5 trading platforms.
In late 2020, the company launched its innovative IX Social app – a mobile community trading platform that puts the world’s financial markets into the palms of the users hands. It enables them to share knowledge, real-time trades and their experience with like-minded international traders
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