Going offshore to escape the CFTC

Opened but not funded yet

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Yeah you never know what these ā€˜changesā€™ mean. If any such actions are observed, we should alert each other. But for now I am happy considering the conditions Coinexx is providing along with the instant withdrawals.

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Listen, I canā€™t prove it to you unless you sit right next to me and if you donā€™t believe me then thereā€™s nothing I can do.

I will say this if youā€™re a really sharp person and know how the algos behave once your orders go through, take a real hard look the next time you use a demo.

Remember what you see in the markets has nothing to do with dollars and centsā€¦all that goes on in the back offices and clearing firms.

I currently am demoing DAS trader pro and without a shred of doubt it is exquisitely clear that these demo feeds are actually the same as live as Iā€™m effecting the marketā€¦In the small caps, low float, low volume arena. I can see it as clear as day.

I donā€™t know what else to tell you and I donā€™t want to argue, but some of you out there should might care.

Everything about these markets are so automated, so connected itā€™s ridiculous now. Donā€™t think for one moment that there are plenty of people that sign NDAā€™s in the industry. I know for a fact they do.

I donā€™t know the exact reasoning besides making the experience as real as possible and with all thatā€™s going on with these nasty prop firms. The only difference is the transactions are designated not to go through actual clearing. To be honest I donā€™t know why theyā€™re doing it, but just step back and take a look at the situation, if youā€™re reading this you most likely think itā€™s total bullshittā€¦ I have no reason to make this up and Iā€™m been reading price action since the early 2000ā€™s.

So why would they even care, as the vast majority donā€™t even realize or want to believe that there are algos keeping price against themā€¦ask yourself why price always go the opposite direction when you place a tradeā€¦

Iā€™m not trying to convince, just letting anyone know that this is happening and has been right under your noses.

If you want to disagree and detract, be my guest. Absolutely no sweat off my back, but donā€™t do so cause it makes you feel fear or betrayal because you thought the markets where purely driven by good fundamentals and humans buying and selling due to their analysis of the markets.

Good luck

-Because it shouldnā€™t be possible. I would investigate whether or not the live feed that you are receiving is actually a live feed.

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Coinexx just had a facelift - whatā€™s brewing ?

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They have stepped their game up, putting all the other offshore brokers on notice.

Kudos to Coinexx

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agree! time to re-activate the account with them. who are you trading these days @SmallPaul

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Trading with Cedarfx, Itā€™s been a few years since I traded with coinexx but now I might have to see what this new real-time withdrawal is about

Yea! thats what brought me back to them. a friend trades with them. But Iā€™ll test myself and share my exp here

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Update on real time withdrawals [spoke to support] - Mon-Friday, they will process withdrawal ā€œalmostā€ real time - 24x7. If , however, the withdrawal queue is longer, then its can take uptomax 2 hours. no applicable on weekends. Seems they have amped up their team and processes.
Will test and trade to see how it translates to actual withdrawal. Cheers!

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Donā€™t need to. Besides, you think those low level employees even know.

Do you know what locates areā€¦why should that affect a demo account?

Like I said, no sweat if you donā€™t believe it.

I donā€™t know what else to tell ya.

I know this is a late reply, but Iā€™ve been using PrimeXBT for a while now, and itā€™s a solid platform. The no KYC option is great for those who value privacy, especially when looking for offshore alternatives. In terms of volume, Iā€™ve found it reliable enough for smooth trading, even during busy periods.

Fees are pretty competitiveā€”0.05% for crypto CFDs, and for crypto futures, itā€™s 0.01% for maker fees and 0.02% for taker fees. Withdrawals are processed once a day between 12:00 and 14:00 UTC; while this daily schedule might seem a bit slow, itā€™s been consistent and hasnā€™t caused any issues for me.

Has anyone else here used PrimeXBT?

the website looks nice. But it seems more leaned towards crypto offering? do they offer CFDs ? And MT4. And they dont take US clients it seems ?

how long have you been using is? And are you from US? I just spoke to their chat and they warned that they will block any US person using the portal. Verification is not required but then you use the account in limited capacity - quoting the article from their website

ā€œAlthough verifying your account isnā€™t a requirement, doing so will lift the 24h withdrawal limit of $20,000 for Crypto, and the deposit limit of $2,000 for Money deposits and alternative deposit methods.ā€

Coinexx stepped up their game with instant payouts,. Time to go back and start trading with them. :white_check_mark::green_heart::v:

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Iā€™m not from the US, so I havenā€™t had any issues with restrictions. Iā€™ve been using the platform since October 2023, and they do offer CFDs. However, they donā€™t have MT4. And yes, they do block US traders.

OX SECURITIES

Ox Securities accepts U.S. persons, offers MT4 and MT5, and allows U.S. persons to make deposits/withdrawals to/from their bank account in New York by wire or ACH transfer. They also process deposits and withdrawals in crypto.

I donā€™t see any indication that they offer prop trading.

In my experience, they respond promptly to email inquiries, in as little as 20 minutes.

https://oxsecurities.com/

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It seems Ox Securities offers CFDs only and since trading CFDs is illegal in U.S., whatā€™s the point of accepting U.S. persons? :face_with_monocle:

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