Date:Sun Dec 22 2024Tokyo:10:13Sydney:12:13New York:20:13London:1:13CET:2:13
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Regulated broker with 1 min crypto trading???
Anyone has any idear if there is a Regulated OR trusted broker where i can trade crypto(pairs) on 1 min BO trades ?
Any proposals are welcome
Any proposals are welcome
Comments
BUT...i don`t know this broker ? Can anybody tell anything about them ???
They seem NOT to be regulated, but i can`t find any scam-stories about them...
Please comment !
very NEW. They have not much traffic right now and the soon as traffic goes up you will find those
scam stories. An unregulated broker is a recipe for disaster. Also, a serious broker would have a license. They claim to be in
St. Vincent and the Grenadines which is a typical bucket shop address but don't even have a license there. PS, that address is not a real office.
It's just a virtual office so you don't even know who these people are or where they are.
But i have always wondered, how do regulated brokers get regulated ? They can`t just get regulated over night...i mean, it takes several years of good annual accounts to be able to be regulated...
So these brokers, like IQoption and HighLow, has also been newstarters, that were not regulated, untill they got approved...am i right ?
But you are right about the adress...arrrgh, not good...a nice seat for a scam-shop
for 4 years then suddenly "buy" a CySEC regulation. Also, in most countries, first you need to get a license to offer financial services.
But this is no way a comparison. You have a broker that started just a few months ago, no traffic, no address, no info, no regulation, no license... you might as well throw away your money. Even if you want to gamble and deposit with an unregulated money, you want to know they have been in service for some time and have built a good reputation. Like Ayrex for example, it's a good example. They came to various forums and the people in the forums confirmed they were getting paid out in a manner of minutes/hours and their official support is always around and solves issues.
In your case, that just looks like a website anyone can build in a few days lol...
But i still need to find a regulated broker where i can trade cryptos in 60sec trades...or at least a "trusted" broker, where there is a chance i will be able to withdraw from profit, AND recieve it in my bankaccount..
OptionFields demoaccount is fine, but does no good, if i cant find a trusted broker to put real money in ?
and fast that I can rely on the price/execution that I get. I hear so many complaints from 60sec traders
regarding execution and delays etc that I don't think it's worth the headache. Also, in the long run I believe it's hard
to predict a 60s market. That's just my thoughts, I could be wrong.
But i am trying to help a guy, you know who, with hes crypto thing...BUT it takes a trusted broker where we can trade crypto 60sec before it works.
It works with demo on Optionfield, but we agreed not to fund a real account with these guys, yet... because of the reasons we have discussed above.
...what does it help to winn on demo, if we cant use real money anywhere ?
More about the results later (If it works out with a live trading).
By the way, it says Cryptobitup is in the UK - then why isn't there an FCA regulation or license at least?