Going offshore to escape the CFTC

I remember doing this LQDFX Live pricing spread test.
It seemed fine to me; but I don’t have a funded account
with them. I guess “trusted” relates to funds transfers
so I can’t say… :frowning: [edit] I would support it,
though; the decision to make them TRUSTED.

hyperscalper

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I haven’t had a problem with them although my account is idle with them, I’m going to revisit them next week tho. Spreads at the moment are lower then any others but hard to judge accurately since it being good Friday.

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dude turnkeyforex got expose for ripping a trader off and they agreed and started making payments to a trader and then stop making payments to that trader and was expose for that and they are on our trusted broker list

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So I’ll be up and running with 5 brokers next week. I’ve always manually placed orders, but I’m thinking with 5 I’d like to use a trade copier. Anyone have any good recommendations?

FXBlue but you cannot get the source to that, so you do not know what is happening when you get copied if it goes to other places too… would be best to write your own trade copier!

i use fxblue personal trade copier

I’m not sure. It has been, and will continue to be, a problem if/when people send money to a dead or otherwise inaccessible address. This is why most crypto that is lost may never be recoverable. But I realize that you said ‘disappearing’, and that, it should not.

Sometimes it is just a case of people losing/forgetting their wallet information, but other times, people erroneously send funds to the wrong address.

In such cases where random addresses are generated, I honestly cannot say whether or not funds would still be accessible after a given amount of time. I suppose that it would depend on how they were doing things. Certainly, however, it should not take much time for them to resolve and settle your account.

If the hold-up is due to the compartmentalized nature of their support, then I would also be upset about it. Even if they need to conduct some internal investigation to determine how the problem occurred in the first place, they should still have sufficient evidence to refund you your money while they resolve their technical issues.

Hope it gets sorted soon.

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“Only use one wallet address for one transaction”

Yeah thanks, I think people have a big misunderstanding and or misconception how thing work on the blockchain. Randomly generated wallets address come with associated keys. As long as those keys still exist then any funds sent to that address is accessible. Im sure whatever 3rd party service they are using to clear funds has a record of those keys.

The 2nd transaction got confirmed and was received, so its sitting in that wallet somewhere. Im not sure why some of these brokers utilize randomly generated wallets either. I would rather have one assigned to me and have the ability change if needed.

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Which is utterly fukin ridiculous in the year 2020. This isn’t 2012 where you send it off and hope it gets there. Again it was confirmed on the chain and marked received.

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does the bitcoin address become invalid after one transaction even tho the 2nd transaction went thru

For security measures, I would imagine. I have seen many people get their wallets hacked and any wallets that do large volume (such as an exchange or broker etc.) are potentially huge targets because you can clearly look at the blockchain to see how much is going where etc…

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im on live chat now with eaglefx

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i ask them about using the same bitcoin address for 2 transaction here’s the answer that gave me

" Unfortunately, we would have to raise a ticket in such a situation and a designated payments specialist would have to investigate this. Should we then have received the funds we would credit manually."

so if they credit your account on the 2nd transaction that mean it went thru and you should get credit for it, open a scam folder over at FPA and invite the company to that thread

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First time contact with chat support agent told me they could see the funds and would be credited.

It didn’t so after some back and forth with support ticket agent, they deposit the missing amount, only to withdraw it minutes later.

EagleFX has no idea how blockchain works. They just sent me another email saying that upper management confirmed that the second transaction didn’t go thru. They are pointing to the spent and unspent. Clearly they have no idea what that means.

From them just now:

What it really means:

Clearly going to have to settle this over at FPA

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Where could the money/bitcoins be if it didn’t go thru?could it go back to your cashapp address? so are you saying the money/bitcoins went thru to that bitcoin address

No bro, it is not missing. It is clearly sitting in that wallet unspent.

I got the chain confirmation from cash app for both. If you look at the chain you can clearly see two transactions received. One is already “spent” meaning it was redeemed. The other larger amount in question is “unspent”.

When ever you BTC sitting in your wallet it is “unspent”. Whenever you cash it out for fiat or another coin it is then “spent”.

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wait im talking to chat

here is my chat with them

question, when i make a deposit to the bitcoin address does the bitcoin address become invalid after one transaction||

Charles 03:42:30 pm

Yes, each transaction would have to have a unique BTC address so the system would recognise it.|

|James Lucas 03:44:19 pm

i don’t understand, because there is trader on babypips who use the same bitcoin address twice he said the first one went thru and the 2nd one showed up in his account but it was deducted after a few minutes
is that possibe|

Charles 03:45:37 pm

We are not aware of this, kindly ask him to approach us.
However, each transaction has to have a unique address.
Should you use the same one by mistake we can indeed investigate the happening and should we find it we would credit your account manually after 24 hours of your notifying us of the mishap.|

James Lucas 03:46:02 pm

ok thanks|

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