Topic: [2015-10-29] Deposit Bitcoin and trade with 400x leverage on UFX • IHB News™ (Read 558 times)
October 29, 2015, 10:33:02 AM
100% Agree With You
October 29, 2015, 09:00:05 AM
Never ever heard of this company but not interested thank you. To many alarm bells going off like:
1) Only been in operation since 2007 and already classify themselves as a market leader. There are many older firms out there who have already built up a solid reputation.
2) They are a market maker which essentially mean that they take the other side of the trade when you trade so a clear conflict of interest. You lose, they profit. They should at the very least offer a STP/ECN type setup where your orders are directly sent through to the markets and not onto their order books.
3) Strong compliance so nobody from the US allowed, really? Not sure who will fall for that one. If there is one market that is completely full of ***** when it comes to compliance issues its the US so saying that their compliance is 'strong' and because of that no US citizens allowed is total BS.
Guess they will get their fair share of clients though, these brokers always do.
As said, there are far more reputable brokers out there and some do offer bitcoin deposits and withdrawals.
1) Only been in operation since 2007 and already classify themselves as a market leader. There are many older firms out there who have already built up a solid reputation.
2) They are a market maker which essentially mean that they take the other side of the trade when you trade so a clear conflict of interest. You lose, they profit. They should at the very least offer a STP/ECN type setup where your orders are directly sent through to the markets and not onto their order books.
3) Strong compliance so nobody from the US allowed, really? Not sure who will fall for that one. If there is one market that is completely full of ***** when it comes to compliance issues its the US so saying that their compliance is 'strong' and because of that no US citizens allowed is total BS.
Guess they will get their fair share of clients though, these brokers always do.
As said, there are far more reputable brokers out there and some do offer bitcoin deposits and withdrawals.
October 29, 2015, 07:28:32 AM
UFX traders can now fund their trading accounts by placing deposits with Bitcoin, alongside MasterCard, Visa, Bank Transfer, and a wide array of supported online wallets.
But.. traders should be very cautious. A quick search on the internet and you will find search results are littered with .....
Read More....
Jump to: