Hello @bradley79 can you please confirm where on their website you see them offering daily income% ?
I dont see that. Besides there is a whole gamut of brokers that operate offshore so traders like us are not subject to “irrational” cftc or esma regulations.
Coinexx do not need a regulation because technically they dont use “Money” in any transaction. And by money I mean FIAT money.
Right here on baby pups we have been vetting forex brokers who are operating as “off-shore” or “self-regulated” and i dont see any more risk in them as opposed to regulated brokers like MF-Global , or Lehman.
Unfortunately, as per the new ESMA regulations, texhnically speaking, you either give away your protection that you get from FCA or EU or deal with max leverage of 20X. Yes! You read it right, 20X. Im not aure how in the wirld you can trade instrumebts that dont move an average if 0.5% a day without meaningful leverage.
But regardless, kindly back tour claims with fact. I dint see coinexx advertising any return per day or any return at all. Also, a crypto exchange is on that lets user trade in “cryptos” and NOT forex.
Regardless, my intentions are simply to put facts and avoid conspiracy theories.
What broker do you trade with ? Kindly share your thoughts. This thread is about brokers who accept bitcoins as a mode of payment. Would you like to recommend any to add to the knowledge of the readers on this thread