Active as always @Clint! Btw, DuraMarkets email is [email protected]
No, it was in crypto only (USDC)- I was telling the amount that I withdrew from my account which is in USD.
Got it. Thanks!
Had a good luck sprint with DuraMarkets this week, made good profits, thanks to Gold movement this week. Got my withdrawal within half an hour.
I requested a withdraw of 4K from TradersWay yesterday. Got it today, 25 hours later.
Much slower than Coinexx, but much better in cost because 4000 USD turned into 3999.50 USDC, despite gas fees were 3x that difference.
Coinexx is ripping off in withdraws with the excuse of gas fees and conversion USD->USDC/USDT.
Will be covering this thread soon.
There are lots of people I used to work with here. I’ve also worked out who my old marketing company’s new brokers are. For more info on who I am check out this thread:
After this post I got a call from the head of support (can’t remember the exact title) of Coinexx, not sure if it was a coincidence or not.
It was a nice chat. He told me that:
-
Regarding my claim about the 45 minutes in past withdraws, despite they say Real-time withdraws, he said they changed procedures and changed third part and now they’re doing it in up to 15 minutes. According to him, there is always a manual component of approval in withdraws to avoid compromised accounts being stolen or wrong crypto addresses from being used.
It would be nice if someone can confirm this 15 minutes thing. I’m not planning any withdraw in the next weeks. -
Regarding my claims about being charged to much in past withdraws (in the last one I withdrew 2000 USD and only got 1987 USDC, despite the gas fee was only 1.9 USD) he said that they changed to a cheaper crypto processor and are also absorbing most of the costs. From now on we are expected to receive a much closer amount that we withdraw. Can’t be 100% exact because gas fees fluctuate, but it should be very close.
Let’s see how close it will be. -
For the sake of transparency, he also reimbursed me 30 USD for those past differences. Last time I didn’t even care in filling a claim because in the previous one I got tired and frustrated with support. They didn’t even understand what a self custody address was and kept saying that what I lost was due to exchanges like Binance and so on, when no exchange was involved. Anyway, he said they were going to train people to understand what self custody means and and reimbursed me those 30 USD. This was their initiative. I didn’t ask anything.
I have no affiliation or any kind of relation whatsoever with Coinexx. This is, plain and factually, what we discussed in the call. I’m even surprised of getting this call (it was not the first one - they called me after another problem I reported here some months ago) because I have a tiny account and discrepancy was insignificant. Anyway, it’s nice they’re listening/reading the topic.
I’ve been trading with coinexx on-off as long as I can remember, and it’s getting better and better, fast deposit/withdrawal top-notch.
I believe the account TraderO to be disingenuous. Reasons for believing so:
- Started account in Oct 28th 2019, spent a year or so sporadically posting ‘unbranded posts’, (when we started with RSM we were first told to open an account and sit on it until a finally asked to start ‘branded’ posts).
- Branded posts start on Feb 14th 2020.
- Only posts on the ‘Forex Brokers’ section and the ‘Going offshore to escape the CFTC’ thread, (there are a handful of instances that they don’t).
- When instances of negativity towards a broker they recommend another broker, (both brokers are owned by the same person).
- Never mentioned why they have moved to a new broker, always flip-flopping between them.
- Majority of the brokers they mention are linked.
- Obvious branding.
- Obvious marketing language used.
[Disclaimer: I can’t know for certain if a user is genuine or not, so please don’t engage with them negatively. I can, however, draw upon my experience as a ‘soft marketer’ for a company that targeted forums with fake ‘branded’ posts and reviews. This is not a review of the broker.]
You should research my posts in this thread
Let me know what you come up with.
Putting his foot in his mouth
Email from LonghornFX. Seems that withdrawal cost and time is improving everywhere.
30-Minute Withdrawals: You can now access your funds within just 30 minutes after submitting your withdrawal request (subject to Blockchain processing) .
No Fees: Withdrawals remain absolutely free—no hidden charges, just fast and reliable service.
Hankotrade is my favorite broker from the list. Thanks for sharing this list
Upon reviewing Smallpaul old post from years ago, it is evident that Smallpaul also collaborates with offshore brokers. he carefully selects brokers based on thorough research and or his past trading activities with them. he shares feedback based on his personal experiences, whether positive or negative. he tends to recommend brokers who have treated him well more often, while those who have not earned his trust receive honest feedback. His perception of brokers can shift from negative to positive, and vice versa, based on their actions.
Smallpaul should be banned for his involvement with offshore brokers.
Glad that brokers are working to up their game in withdrawals…this has always been a pain point for traders. The likes of Longhorn FX, Coinexx, Duramarkets etc…but I’m okay with waiting anywhere between 10 minutes and 2 hours, as long as the process is secure. At the end of the day, a short wait doesn’t make a life-changing difference, but ensuring my funds are safe definitely does.
Unfortunately, Longhornfx no longer accepts U.S. citizens.
I will delete my posts.
I wish Tradersway improve on that too. My last payout was 25 hours and some minutes. Very far away from Coinexx and, apparently, from others mentioned where I have no personal experience.
I have not been as active around here since the move to props & futures, it’s good to see the post is still alive & active with new posters after the meta offshore rugpull earlier in the year.
I still have coinexx & eaglefx accounts, so does Duramarkets use the same known white label backend tech of either the prosperity/eaglefx group of brokers or the coinexx/hanko group?
They are more aligned with this group
True. Duramarkets CRM tech does feel similar to that of Coinexx, and interestingly only Duramarkets and Coinexx are the ones giving 1-hour withdrawals. So it might be because of them both using the same backend tech.