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Help with broker and account!

Hey guys, new to trading. I was just curious if CMC markets is a good Canadian broker for intraday/scalper trading with minimal funds. I was also wondering, it asks if I would like to trade CFD’s or spread betting and I can’t seem to find the answer. Anything will help!! Thank you!
submitted by CynicalShotz to Forex [link] [comments]

10 Ways to Make Money Online in South Africa

There are a lot of opportunities online for anyone that wants to make a little extra money. From a part-time hustle to an all-out digital career, there are loads of ways that you can make money with an electronic device, and a connection to the internet.

  1. Paid Surveys - Did you know that thousands of South Africans earn extra income by simply participating in online surveys to help local companies improve their products? Finally, now you have an opportunity to do this as well! You can find a list of the top survey sites for South Africa HERE
  2. Selling Your Photos Online - Selling photos is a wonderful way to make money online if you have an aptitude for photography. Two popular platforms that you can try are Shutterlock and Unsplash. Every platform will have different requirements, but they will all pay you in hard cash. Though the photography market is quite hectic, it’s still a good method of gaining a passive income if you’re persistent and professional. Plus, the opportunity for additional sales is higher when your photos become popular. Many companies need photos of landscapes, and we all know that South Africa has some of the most amazing scenery in the world. In some cases, a smartphone is enough to get started, depending on the stock photo site you choose.
  3. Be a Freelance Content Writer - Freelance writing is a serious online business. The internet enters most areas of our life, and the need for blog articles and various types of content is exploding. There are many kinds of online writing work, and many people need things like product descriptions or simple reviews. Before going further in this direction, you first need to set up a blog or website. This will be an amazing portfolio where you can demonstrate to potential clients or businesses that you can deliver great work. A LinkedIn profile can be created to function as an online portfolio as well. Don’t forget that many writing clients will want to see specialized work, so be sure to consider what area you would like to specialize in. The pay for online writing varies, but with some practice, you should be able to make a decent part-time income.
  4. Sell Unwanted Goods - You can sell your unwanted stuff to people who want it and make your side business a real money maker. There’s plenty of options to use for sales such as Gumtree or Amazon. Don’t forget to do some research and see what assets have recently been sold so you have a target price. If you a business, you can sell other people’s goods as well. Many people don’t have the time or patience to sell goods online, and you can do it for them. If you charge a reasonable percentage of the sales, you can make a solid business out of selling used goods online.
  5. Build a Personal blog/website - Not only can you write for companies to gain income but you’re also able to run your own blog to raise money as well. Set your expectations at a reasonable level because this job requires consistent practice and lots of patience. Bloggers make a profit, often through press coverage, advertising products, and writing sponsored guest posts. You will need to run the blog for a while before you can expect to see any profits, but it is very simple to get started. Check out some of the other ideas on this list for ways to leverage a blog for greater income, like selling drop shipped items.
  6. Legitimate Remote Jobs can Pay Real Money - Many companies are heading to a work-from-home style of business since this type of model helps save money, and eliminates the risk of illnesses. People are completely flexible while working for a company and selecting where they decide to spend their time.CrowdSource, for example, hires remote writers, editors, and other jobs that can be done easily from anywhere. Companies like Fast Chart offer work-from-home options for medical transcriptionists. You can also try seeking opportunities at LiveOps, a call center staff. You might be surprised at how much time and money you save when you work at home. There is no transit, and you can cook for yourself. Think about it!
  7. Become a Dropshipper - Dropshipping is not a strange term, especially when eCommerce is booming. Anyone can be a drop shipper since the work requires low investment at the beginning and also guarantees minimal risk. The system operates by purchasing the stock (goods) from a third party supplier or manufacturer, who then fulfills the customer’s request. You don’t have to shop or handle goods in advance because the product comes directly from the vendors whenever an order is placed by a customer. There are many dropshipping platforms out there, and some are basically free to use. You will need to figure out how to market the goods, which is where a blog or website comes in very handy.
  8. Affiliate Marketing - Affiliate marketing is a popular method of making money online in South Africa and across the world. You can sell into a variety of markets with this business model, and make money almost anywhere. You can generate revenue from product sales. In other words, affiliate marketers will refer readers to a lot of products and get a small cut from them. Once a customereader buys products, you will earn a commission. A widely known approach is to start creating your own blog in a specific niche and to establish a trustworthy community that can purchase your promotions. Unlike dropshipping, you simply get a commission and have no other responsibilities. So easy! Check out SA’s leading affiliate network – https://www.affiliate.co.za/
  9. Online Business with Etsy - Try selling DIY designs and crafts on Etsy if you’re a skilled maker. An Etsy shop is basically free to operate, and you can make real money with the platform. Once your registration is complete, you can start posting photos of your works, and people can purchase your products. There is really no limit to what can be sold on Etsy, but make sure that you are able to send your goods to other countries, as many buyers are likely to be in the EU or North America. A PayPal account is important to have and also a popular payment choice so that customers can pay you quickly. Take nice pictures of the items to help draw purchasers into a sale. Make sure that you have good customer service as well, or you won’t be selling on the platform for very long!
  10. Forex Trading - You might have heard about trading FOREX or Contract For Difference (CFD) trading. The basics of this online money-making are simple. You will choose a currency pair, and bet on the direction of one currency vs. the other. For example, you could speculate that the EURO will appreciate vs. the RAND (or just about any currency). If you are correct, and then sell the contract, you will make profits. While this might sound easy, most people who do this lose money. In addition to currency, most retail FOREX brokers will allow you to trade in other markets, such as commodities, or shares. If you are looking for a reliable income, this probably isn’t right for you. On the other hand, if you don’t mind taking on risks, trading FOREX can be extremely profitable.
submitted by MrPassiveIncome to beermoneysouthafrican [link] [comments]

I'm new in this and I have some questions

1 - What is exactly the inactivity fee that can be found in some brokers? This is confusing to me because I don't know what they mean by 'inactivty'? Do I have to pay the fee only if I'm not buying anything, or not selling? Or both?
2 - What is the time an operation has to be held to be considered scalping? Less than 5 minutes? Some brokers like Trading 212 and eToro don't allow scalping, but don't specify where is the limit.
3 - Is the swap/overnight fee only a CFD thing? If I trade stocks/forex without any CFD do I have to pay it too?
4 - In general, when I buy/sell in a broker, are the trade commissions already added to the price that I see when I buy/sell?
5 - Even with no withdrawal fees, if I withdraw money to a paypal account, I have to pay paypal fees when I receive the money, right?
submitted by EduEpsilon to Trading [link] [comments]

Forex Trading in Kenya.

Someone posted on here a few days ago asking about forex and forex trading in Kenya, I have gone through the responses and clearly, most people don’t have an idea. It is 3am in the morning and am in a good mood so let me make this post. This will be a comprehensive and lengthy post so grab a pen and paper and sit down. We’ll be here a while.
FIRST OF ALL, who am I..?
I am a forex trader, in Nairobi, Kenya..i have been actively involved in forex since I found out about it in Feb 2016 when I somehow ended up in a wealth creation seminar (lol) in pride inn Westlands, the one close to Mpaka Rd. Luckily for me, it was not one of those AIM global meetings or I’d be on Facebook selling God knows what those guys sell. I did not take it seriously till August of the same year and I have been active ever since.
I don’t teach, mentor or sell a course or signals, I trade my own money. I am also posting from a throwaway account because I don’t want KRA on my ass.
What the fuck is forex and forex trading.
In simple plain English, forex is like the stock market but for currencies. Stock Market = Shares, forex = currencies. If you want more in-depth explanation, google is your friend.
These currencies are pegged on specific countries, united states- dollar, UK- pound, euro zone- euro, Switzerland- Swiss franc, Kenya- Kenya shilling.. you get the point. Now, there are specific events and happenings between these economies that affect the movement and values of the currencies, driving their value (purchasing power up and down). Forex trading exploits these movements to make money. When the value is going up, we buy and vice versa (down –sell)
Is forex trading illegal in Kenya? Is it a scam?
Illegal, no. scam, no. All the banks in the world do it (KCB made about 4 billion from trading forex in 2019)
Have there been scams involving forex in Kenya?
Yes. Here is one that happened recently. This one is the most infamous one yet. Best believe that this is not the end of these type of scams because the stupidity, greed and gullibility of human beings is unfathomable.
However, by the end of this post, I hope you won’t fall for such silliness.
What next how do I make it work..?
Am glad you asked. Generally, there are two ways to go about it. One, you teach yourself. This is the equivalent of stealing our dad’s car and hoping that the pedal you hit is the brake and not the accelerator. It is the route I took, it is the most rewarding and a huge ego boost when you finally make it on your own. Typically, this involves scouring the internet for hours upon hours going down rabbit holes, thinking you have made it telling all your friends how you will be a millionaire then losing all your money. Some people do not have the stomach for that.
The second route is more practical, structured and smarter.
First Learn the basics. There is a free online forex course at www.babypips.com/learn/forex this is merely an introductory course. Basically it is learning the parts of a car before they let you inside the car.
Second, start building your strategy. By the time you are done with the babypips, you will have a feel of what the forex market is, what interests you, etc. Tip..Babypips has a lot of garbage. It is good for introductory purposes but not good for much else, pick whatever stick to you or jumps at you the first time. Nonsense like indicators should be ignored.
The next step is now the most important. Developing the skill and building your strategy. As a beginner, you want to exhaust your naivety before jumping into the more advanced stuff. Eg can you identify a trend, what is a pair, what is position sizing, what is metatrader 4 and how to operate it, what news is good for a currency, when can I trade, what are the different trading sessions, what is technical analysis, what is market sentiment, what are bullish conditions what is emotion management, how does my psychology affect my trading (more on this later) an I a swing, scalper or day trader etc
Mentors and forex courses.. you have probably seen people advertising how they can teach and mentor you on how to trade forex and charging so much money for it. Somehow it seems that these people are focused on the teaching than the trading. Weird, right..? Truth is trading is hard, teaching not quite. A common saying in the industry is “Those who can’t trade, teach” you want to avoid all these gurus on Facebook and Instagram, some are legit but most are not. Sifting the wheat from the chaff is hard but I did that for you. The info is available online on YouTube, telegram channels etc. am not saying not to spend money on a course, if you find a mentor whose style resonates with you and the course is reasonably priced, please, go ahead and buy..it will cut your learning curve in half. People are different. What worked for me might not work for you.
Here are some nice YouTube channels to watch. These guys are legit..
  1. Sam sieden
  2. Cuebanks
  3. TheCoinFx
  4. The trading channel
  5. Astro
  6. Forex family
  7. Wicksdontlie
Advanced stuff
  1. ICT
After a short period of time, you will be able to sniff out bs teachers with relative ease. You will also discover some of your own and expand the list. Two tips, start with the oldest videos first and whichever of these resonates with you, stick with till the wheels fall off.
How long will it take until things start making sense
Give yourself time to grow and learn. This is all new to you and you are allowed to make mistakes, to fail and discover yourself. Realistically, depending on the effort you put in, you will not start seeing results until after 6 months. Could take longeshorter so there is no guarantee.
Social media, Mentality, Psychology and Books
Online, forex trading might not have the best reputation online because it takes hard work and scammers and gurus give it a bad name. However, try to not get sucked into the Instagram trader lifestyle as it is nowhere close to what the reality is. You will not make millions tomorrow or the day after, you might never even make it in this market. But that is the reality of life. Nothing is promised, nothing is guaranteed.
Your mentality, beliefs and ego will be challenged in this market. You will learn things that will make you blood boil, you will ask yourself daily, how is this possible, why don’t they teach this in school..bla bla bla..it will be hard but growth is painful, if it wasn’t we’d all be billionaires. Take a break, take a walk, drink a glass of whatever you like or roll one..detox. Chill with your girl (or man) Gradually you will develop mental toughness that will set you up for life. Personally, I sorta ditched religion and picked up stoicism. Whatever works for you.
Psychology, this is unfortunately one of the most neglected aspects of your personal development in this journey. Do you believe in yourself? Can you stand by your convictions when everyone is against you? Can you get up every day uncertain of the future? There will be moments where you will question yourself, am I even doing the right thing? the right way? It is normal and essential for your growth. People who played competitive sports have a natural advantage here. Remember the game is first won in your head then on the pitch.
Books: ironically, books that helped me the most were the mindset books, Think and grow rich, trading for a living, 4 hour work week, the monk who sold his Ferrari..just google mindset and psychology books, most trading books are garbage. Watch and listen to people who have made it in the investing business. Ray Dalio, warren, Bill Ackman and Carl Icahn.
This is turning out to be lengthier than I anticipated so I’ll try to be brief for the remaining parts.
Brokers
You will need to open up an account with a broker. Get a broker who is regulated. Australian ones (IC Market and Pepperstone) are both legit, reliable and regulated. Do your research. I’d avoid local ones because I’ve heard stories of wide spreads and liquidity problems. International brokers have never failed me. There are plenty brokers, there is no one size fits all recommendation. If it ain’t broke..don’t fix it.
Money transfer.
All brokers accept wire transfers, you might need to call your bank to authorize that, avoid Equity bank. Stanchart and Stanbic are alright. Large withdrawals $10k+ you will have to call them prior. Get Skrill and Neteller if you don’t like banks like me, set up a Bitcoin wallet for faster withdrawals, (Payoneer and Paypal are accepted by some brokers, just check with them.)
How much money can I make..?
I hate this question because people have perceived ceilings of income in their minds, eg 1 million ksh is too much to make per month or 10,000ksh is too little. Instead, work backwards. What % return did I make this month/ on this trade. Safaricom made 19.5% last year, if you make 20% you have outperformed them. If you reach of consistency where you can make x% per month on whatever money you have, then there are no limits to how much you can make.
How much money do I need to start with..?
Zero. You have all the resources above, go forth. There are brokers who provide free bonuses and withdraw-able profits. However, to make a fulltime income you will need some serious cash. Generally, 50,000 kes. You can start lower or higher but if you need say 20k to live comfortably and that is a 10% return per month, then you can do the math on how big your account should be. Of course things like compound interest come into play but that is dependent on your skill level. I have seen people do spectacular things with very little funds.
Taxes..?
Talk to a lawyer or an accountant. I am neither.
Family? Friends?
Unfortunately, people will not understand why you spend hundreds of hours watching strangers on the internet so it is best to keep it from them. Eventually you will make it work and they will come to your corner talking about how they always knew you’d make it.
The journey will be lonely, make some trading buddies along the way. You’d be surprised at how easy it is when people are united by their circumstances (and stupidity) I have guys who are my bros from South Africa and Lebanon who I have never met but we came up together and are now homies. Join forums, ask questions and grow. That is the only way to learn. Ideally, a group of 5-10 friends committed to learning and growth is the best model. Pushing each other to grow and discovering together.
Forex is real and you can do amazing things with it. It is not a get rich quick scheme. If you want a quick guaranteed income, get a job.
And now it is 5am, fuck.
This is oversimplified and leaves out many many aspects.
Happy to answer any questions.
submitted by ChaliFlaniwaNairobi to Kenya [link] [comments]

Why Check Forex Broker Reviews?

A Forex trader's success is often directly related to the Forex broker he/she chooses to conduct business with. If a trader chooses a broker who is unwise, unethical, and/or a combination of both, the trader could lose a substantial amount of money in the Forex market.
It can be very difficult to determine which Forex brokers are reputable until a trader has traded real money with them. However, by this time the trader may have lost the money that he/she has invested. Forex Brokers Reviews
Fortunately, there are online sites that provide informative Forex broker reviews to aid you in choosing the right firm for your trading needs. These sites have extensively tested the brokers' Forex platforms and trading conditions using real-money accounts and making real trades. This means that you don't have to invest your own money to determine whether a Forex broker is reputable and effective at handling your trades on the market.
Some of the criteria that such sites use in their reviews include the safety of a trader's deposits and the honesty of the broker. The trader can conduct his/her own online research about a specific trader via online forums, ask direct questions to the firm, and seek information from the proper authorities. One of the essential things the trader must learn about the broker is whether the firm is regulated by government authorities. Another is whether the firm uses state-of-the-art measures to ensure that the trader's personal information and account details will remain safe from unauthorized access. Sites that provide Forex broker reviews can quickly give you this vital information. forex broker review
A trader should also determine the spreads and commissions that the broker will receive when executing trades on the Forex market. The lower the level of commission the better it is for you. Any commissions over 3-pips in EURUSD trades should necessitate you finding another broker. There are quality firms that only charge 1-pip for EURUSD trades. It's important for you to find out the spreads and commissions that are charged by the brokers before deciding to employ them for your Forex trades. These are usually explained on the firm's website.
A trader should look for a broker that only requires a small initial deposit. At the same time, however, the trader should also consider leverage and minimum lot size as well. The trader should also choose a firm that provides many ways to fund his/her deposit, including wire transfers, credit cards, and PayPal transfers. Sites that provide Forex broker reviews will usually list the ways in which you can fund your accounts. Top Rated Forex Brokers
The trader should also find the right Forex trading platform to execute his/her trades. The platform should provide a comfortable and familiar interface to the trader and should also provide plenty of customizations options. The best way to find the right platform for you is to take it for a spin via a demo account, which most reputable brokerage firms now offer.
Visit Here - Most Trusted forex brokers
submitted by Sure_Statistician384 to u/Sure_Statistician384 [link] [comments]

I'm new in this and I have some questions

1 - What is exactly the inactivity fee that can be found in some brokers? This is confusing to me because I don't know what they mean by 'inactivty'? Do I have to pay the fee only if I'm not buying anything, or not selling? Or both?
2 - What is the time an operation has to be held to be considered scalping? Less than 5 minutes? Some brokers like Trading 212 and eToro don't allow scalping, but don't specify where is the limit.
3 - Is the swap/overnight fee only a CFD thing? If I trade stocks/forex without any CFD do I have to pay it too?
4 - In general, when I buy/sell in a broker, are the trade commissions already added to the price that I see when I buy/sell?
5 - Even with no withdrawal fees, if I withdraw money to a paypal account, I have to pay paypal fees when I receive the money, right?
submitted by EduEpsilon to Daytrading [link] [comments]

¿QUE BROKERS ACEPTAN CRYPTO COMO MÉTODO DE DEPOSITO Y RETIRO?

Sabemos que está en las reglas que no se puede hablar de crypto, pero haremos una excepción en este post ya que tiene relación con forex.
Este post le puede interesar a gente que no tiene una forma de cambiar su moneda local por dólares fácilmente (de manera electrónica) ejemplo claro, VENEZUELA. Mucha gente no tiene cuentas en dólares para hacer depósitos a brokers en dólares, y usar Paypal o skrill no hace fácil cambiar dólares a bolívares para poder comprar cosas como comida en dicho país.
No decimos que usar un broker que acepte crypto sea la mejor opción, ya que estos no tienen regulaciones tan sólidas como los que no aceptan crypto, pero es la que consideramos mejor ya que al tener una cuenta en localBitcoin hace extremadamente fácil el cambiar Bitcoins por bolívares y viceversa de manera electrónica y anónima.
(No estamos muy seguros como sería para Argentina pero puede que sea similar al usar localBitcoin)
La única desventaja de esto es que los brokers ponen el precio del Bitcoin que mejor les parezca, así que ganan una comisión adicional y esto hace que sea algo más costoso depositar y retirar con crypto a comparación con el uso de PayPal, transferencia bancaria, trajeras de crédito, etc.
Aquí abajo la lista de brokers que aceptan crypto:
IMPORTANTE: Ningún broker está patrocinandonos, les colocamos los links de cada uno para que llegarán a la página inicial de cada uno, y revisaran la página para decidir bajo sus propios términos cuál usar.
Si tienes preguntas no dudes en dejarlas en un comentario abajo de este post, o publicarla tú mismo en el feed de la comunidad.
Si te sirvió de algo el contenido publicado no olvides en compartirlo con [email protected] que les interese el tema y de por sí ya trabajan en ello.
submitted by no_lo_see to forexespanol [link] [comments]

does a (european) bank account's beneficiary and beneficiary address mean anything? Does it have to be real? (question + story)

The short: I have a polish IBAN EUR, branch address and swift codes for an account. beneficiary company is obviously completely different to the 'company' I was talking to and the bene. address doesn't match up with the addresses google spews out for the stated company.
Does bene. name and address have any significance or is it a diversion?
The long (scambait story): After nearly 4 years of getting calls from investment scammers, occasionally wasting time, usually blocking, I hoped I could at least get them to frick off for a bit by hurting their bottom line.
Waited for the inevitable call and tried to act enthusiastic about the 1000th call asking me to invest in their forex account. grilled them a little about their lack of FCA regulation, got lies and an innocent, similar sounding company's details in return. I called that company. Had fun making scammers sweat again while scrambling to come up with an excuse for why that company had never even heard of them. Why is your min deposit 100x higher than any other forex broker? Why is your website covered in conflicting information? etc. etc.
Now with the oldest bit of manipulation in the world, I release all the pressure and do them a favour. They're desperate enough by now. No more questions, Lets do this, I've even already signed up! Scammers texts are now short and rapid with excitement. "Great! we can do debit, credit, paypal, cashapp, x, y, z". Lovely! but I only do wire transfers, I even saw it on your site.
I didn't think you could see someones heart sink over text.
Paraphrasing of course. "Sir are you sur-" Yep. "How about th-" Nah, wire's always my go to "But-" Listen, if it's not wire, I think I'll have to reconsider this account. Get back to me if you figure it out.
Of course they did.
"I talked to my manager. we can offer two options. 1. Prepaid card ((HAH!)) 2. bank details"
"...it's a polish bank" (I couldn't believe it! they chose it to make it harder for a brit to verify. If only they knew my oldest friend is polish)
I immediately contact the bank and start googling. the beneficiary had a pretty normal name and I found 3 companies, doing different things; Construction, IT, marketing, all small (5 employees max) and nothing to do with forex of course. and none of their addresses matched the beneficiary address.
Everything else checked out.
After this I simply ghosted them, said I was distracted by dinner, work, and have been enjoying letting their desperate calls ring out.
So what do you think? did they pull a company out of thin air. Have they compromised one of these companies accounts? Could it be a fake account to test me or have they been stupid enough to use their OWN company as the beneficiary?
submitted by Tuhjik to scambait [link] [comments]

Running a ponzi and stealing $180K, IRL.


I wanted to write a quick post in answer to the people who routinely make claims I have a history of stealing from people in my previous company and base this upon a blog they read. If you would like to discuss this further, please make a post and link it to me to engage on. I will do so as long as we deal with the facts of how a PAMM company really works.
I won't engage in circular debates where the essential point is, "I don't believe you". You don't have to - that's not how any of this works. Just fact check.

Anti-SEO:

I want to avoid Google ranking on this post. Although for my personal 'PR' it would be beneficial to aim to rank something answering claims, at some points in this some others involved in the company will not really come over in the best light. I assume it's likely these people are still involved things (Not spoke with them for 5 yrs) - It'd be unfair to rank bad PR on them.

The failure of the company was squarely due to me. Anything anyone else did either would not have happened or not have mattered if I'd done better. I do not want anything I do now to further hinder anyone.

So I will refer to names by only one letter (or number if applicable).

Ponzi Claims:


I found it strange at the time this ended up centred around the ponzi scheme side of things. There was a reasonable question to be asked and answered as to if it was a pyramid scheme. Were people signing up just to sign people up, or was there a core product of fair market value. The services sold I'd previously ran at the same sort of price point direct to market - so I felt on fairly good ground on that.
Initially I's actually been a bit excited initially, because I was a reader of the blog in question and I liked the work they'd done on pyramid schemes. I thought I'd be able to either validate I was doing things right, or learn how I should be doing them better. I never thought the ponzi side of it would take any more than a few minutes to clear up. But that was not so ...
A ponzi scheme was to all intents and purposes impossible. All of our business was done via three different brokers and all of our results publicly tracked with close to real time updates for marketing purposes. Of the three brokers we were using, two of them had good regulation. An off-shore broker had to be used for US clients, so this is the only one with any sort of question mark.
All of our results over all the brokers were almost identical (Some execution/costs variance). The two regulated brokers were under different regulators. Most, if not all, the brokers held clients funds in segregated accounts. All brokers would have to have been fully complicit in the scam - and it costs more to get regulated than there was to steal. Logically, it could not have been so.
We were using a PAMM model. This works by the client opening a brokerage account and signing a LPoA to allow trades to be copied onto their account. The LPoA grants the company no access to the funds. Money laundering laws also dictate the funds can only be redeemed to same source they were funded. PAMMs are big business. Protection of all parties is built into it, it's a well trusted model.
This should have taken no less than 5 minutes to self verify. It could not have been a ponzi.

£50,000 Fine:


That happened. Turns out if you set up a PAMM in the Netherlands and then let a bunch of people refer investment to it this is classed as running a ... I can't remember exactly and even at the time it was in Dutch so I didn't personally read it all. The underlying problem was not the model in any way. We were told at the time we basically jut had to pay £2,000 for each country we did business in.
We were global. At this time the company had neither the money to do that, or pay the fine they gave us for not having the money to do that.
My mistaken assumption was that since when you run a PAMM you are basically piggybacking off the broker's licence, all was well and good. This was true - but the problem was sourcing. Paying people to refer investment was what we were fined for when you get right down to it.

$180,000 Stolen:


This was just a headline. In many ways it's misleading. Firstly, nothing was stolen or even taken. It was lost or given away to clients who'd lost in the PAMMs that went bad. All the money lost was lost trying to get enough money to make good all the PAMMs. So it was not stolen, and there is nothing in anyway to imply that's a suitable word to use. In the blog, no explanation of that is offered.
What seems to be inferred is that this was commissions due out to clients that the company kept. Even outside the above mentioned this would be wrong. All affiliates were paid. You will not find a single one who says they were not. Further to that, of all the funds invested into the company (We'll call the company '5') somewhere in the 60 - 70% range was sourced directly by me.
Other funds were sourced by my co-founder. Investments were made through passive advertising without them being attributed to a refer. All in all, assuming we did not pay the affiliates and we had this much, $18,000 would be the number. Of the $180,000 somewhere a bit over $100,000 would have been mine. I never took that, and could not have "Stolen" it.
I don't see the point in getting super technical on everything by going through how, but the number also probably wasn't $180,000. I think this was an overestimate made in a throw away comment by my co-founder (We'll call her 'M') who was (Justifiably) extremely angry at me at the time she came up with the number and added it in a post (Of this multi paragraph post, this one line and one number was taken - if memory servers, all context was left out when the blogger cited this as stolen. Which would make sense. The post was berating me for losing the money. That didn't fit the narrative.

What Backs the Story?

Of all of the claims of wrongdoing (Apart from the fine, which is documented and true) - there is no evidence proposed for any of the claims made. All of it hinges on a story told to the blogger by one person, who was another of my co-founders 'We'll call her 'E'. E was either a late teenager or very early 20s at the time.
In the founding of 5, E was essential. Before 5 I'd been running a service selling trading signals and selling them at $5 a week subscription. I was generating a lot of business (Working all day, every day and having fun with it. Like I did here for a while, but at that time I really was marketing). 5 - 10 people a day could be signing up.
I knew nothing at all about how to structure an online business. No listing of new clients to send emails. Nothing about making membership sites with password access etc. I was working off a Wix site I made myself with no on-boarding system in place. The volume of people joining was crushing me. I could not process them and was getting a lot of PayPal disputes.
I wanted to send them the stuff. Just did not have the process to ensure this was being done. E stepped in and saved me on that. She made original 5 website (On Wordpress, I believe it was later upgraded to something else). Set up memberships payments. Automated listing. Also she suggested changing the name to what the company became. E made the work I was doing work.
After that, she had varying performance. Her gripe in the blog is she was not paid for helping to found the company. Left out of this is the fact she was not paid because she was head of marketing and we were not getting enough clients. Almost all of them coming from me hitting the DMs and signing people up the old fashioned way.
On results of trading, everything was going well (and this was my area). Things were going so well people legit through it must be a ponzi! But we did not have in-flow of clients. On this I again blame myself. I sort of assumed this would all work itself out and did not put focus on fixing problems before they became problems.
There was a lot of pressure on everyone. E got into a new romantic relationship. I think she was heavily influenced by this person (I found E to be good hearted on the whole). E and M started to get along less and less. Then E and M seemed to hate each other. It all seemed to come from nowhere, but it quickly got to the point me and M felt it was not working with E, and she thought the same.
Pretty much everything is based upon the story told to the blogger by E. As I've said before I found her to be a good heart overall and believe she was influenced into doing what she did, and would not have done it on her own gumption. Therefore I won't rip into her; but if you're reading, 'E' (Won't be lol) - that was a bit naughty, wasn't it? Little 'Economic with the truth'.

Why would the blogger post such big claims with no evidence?

People should ask themselves this on the first read through of the blog, to be fair. If you're a single source reporting on a story - tell how you know it's true. I think this mainly came down to revenge. After the ponzi thing I wrote blog line by line ripping the initial blog to bits. It was written in a very cheeky sort of tone, and what I was saying was right.
He then played, "My blog's bigger than your blog" , on which he was right.

If you think there is some smoking gun here in any way, just email the blogger and ask them how they know. What evidence were they ever given any money was stolen. There was none.

Money taken from the company:

In it's sad and drawn out end, cash on hand and assets within the company got down to around $10,000 and we were due out over 10* this to clients who I wanted to pay back. I was not bringing in new business (It seemed unethical to do until I fixed old problems - this was a miscalculation. No business was the big problem) and there was the 50K fine.
The company was essentially bankrupt. I wanted to use the remaining 10K to have one last ditch effort to re-coup losses, or randomly select clients to pay the 10K to. M didn't. At this time we fell out (Forever). I have no idea what happened to that 10K. I think M probably kept it. At the time I was livid about that - but to be honest, after all the work she did she deserved something. Losing was not her fault. To 'M' if you're reading (Won't be), I'm sorry.

What went wrong?


I was not good enough. When I got ahead I thought I was coasting. I came from a background of having nothing and as soon as I started to make a few grand I assumed I was gliding to being a millionaire. I stopped learning. Stopped improving. I never watered what I planted, and it withered and died.
I fail. Turns out you can not coast up a learning curve without ending up on your arse.
submitted by 2020sbear to u/2020sbear [link] [comments]

TradingGator

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TradingGator is a trading review website where you can read about everything from how to buy Bitcoin with PayPal to which are the best forex brokers in Europe. Find the best MT4 broker, the best CFD brokers in Australia ++. We also guide you on how to open a trading account with different brokers.
Short Description:
TradingGator reviews trading-related topics such as the best brokers for Forex, CFD and Bitcoin trading. Opening a broker account? We'll guide you!
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submitted by Carpet998 to u/Carpet998 [link] [comments]

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submitted by BangalTigers to u/BangalTigers [link] [comments]

Don't be a fool!

Im new to reddit and the Forex community here, but I have been reading some of the post and they are truly concerning.
I noticed a trend of novice traders who don't even understand how margin works yet have ridiculous dreams of making big money in this business. It will not happen.
First of all, STOP falling for IG traders or anyone who claims they went from $100-$50k in a week yet can't show any broker statement (They usually show flashy cars, clothes and sell some kind of service, if that was not enough they are 16-22yo) If you fall for this then you deserve to lose all your money. Actually, DM me so I can give you my Paypal and just transfer it to me.
Demo and backtest then go live or if you want to improve faster then deposit $250-500 into a broker and trade 0.01 orders. It will give you some skin in the game and you will most likely end up going full margin on a trade and will blow up your account (This will make you want to put the actual work in and not be a dumbass).
Choose your broker WISELY, do NOT go for some bucketshop that offers 1:1000 leverage because you think you will make bank and show social media what a baller you are.
If you want to have a realiatic chance of making this your full time job/career then trade smart and by %. Your best bet is to grow an account over a year and if you have good consistent results then you can find investors or make a go at a prop firm. Mind your drawdown, no one wants to invest in someone who can blow up their account in a day.
Last but not least, this is a long road full of pain and reward. Take it seriously and accept that you will lose money and simply MOVE ON to the next trade. DO NOT tell people that you trade, you will most likely fail and end up in debt or broke and people love to say "I told you so".
I say all of this since I have made every mistake in the game but through pain and perseverance I finally became profitable. FAIL QUICKLY so you can get on the right path sooner. Best of luck to everyone.
submitted by thirstfourknowledge to Forex [link] [comments]

Are PayPal deposits cheaper than wire transfer?

So I'm researching about the fees involved in an international deposit through PayPal to my forex broker. The information I found on google has been somewhat contradictory, some say that it would be a maximum $20, but others say that it's more.
So far I deposited through international bank transfer and the fees were 39 euros (I'm from Europe) in total for just a 500 euros deposit. It's true that it also included a 10 AUD fee from my broker in Australia.
The broker says that there's no fee applied for PayPal deposits, but I am wondering about the transaction fees. I have a Euro currency bank account and I'm intending to transfer the deposit to the broker's Euro account as well, so there should be no conversion fees involved (even though my country's official currency is not the Euro).
Do you guys have experience with PayPal deposits, especially international ones? Could you advise on the fees?
Much appreciated!
submitted by massina_CF to Forex [link] [comments]

Stocks earning as a minor

Hello everyone,
I am an european 16 year old, so a legal minor. The thing is i make money. By that I mean, a lot, I invest in Forex market and in stocks, I started arround two years ago where I invested 100€ and moved my way up from that. At first I was making close to nothing but I eventually decided to start using leverage, by that point I started making a "small" salary. I was making 50€ a day. And I kept on earning more and more untill I was making ~17 000€ a month. I didn't want to put this on my personnal bank account because I heard that it might cause trouble with taxes and stuff but mainly the maximum I can deposit is 2000€ . so I kept investing and at somepoint i learnt that the pandemic was growing, which means there will be big money to make, so I closed all my trades and Invested all in indexes (not sure of the translation) such as DOWJONES, CAC40, ... I closed all my trades now and I have over half a million dollar sum on locked in my broker's session. And I want to keep some of that money safe somewhere where it could be used it extreme cases or just later in my life.
Now I guess you kind of guessed my problem : Where do my place my earning ? At first I wanted to put them in a "SCPI" or a "SCPC" or a "SOFICA" (those are french terms I can not find a translation to, so excuse me.) but since I'm a minor, it's impossible. But if i did it anyway, taxes would be a problem for a minor. That being said, i'll be honest, even if there was no problems due to my age, i don't want to pay taxes, so I thought of making a Dubai bank account but still minor. So I thought of fake papers to open a bank account as an adult with my actual identity as legal heir, i don't know to be honest I only have a bit of banking knowledge, but absolutely no internationnal banking knowledege.
First of all, I want to thank you guys for reading that. Second of all, do you guys have any advices for me of what I shoud do. Any opinion is welcome.
Additionnal note : I rarely withdrew money. Maximum I ever did was 70€ on my bank account since I know that would cause much reaction from the bank. I withdrew a total of arround 300€ that went into my bitcoin wallet right after and then on paypal. And also, only my best friend knows about that. Not a single member of my family knows.
submitted by throwaway73003 to legaladvice [link] [comments]

IG Trading - Get $100 for free. Only got 5 Invites!

Hi guys, I have a limited offer available for IG Trading. This is a brokerage that allows you to buy/sell stocks,commodities, forex etc.
They are currently offering new sign up's that use a ref link $100 after they deposit and make at least 5 trades (Must be CFDs).
Now this offer is a lot of free money and it does require a deposit of course. The minimum is £250 and I would do that via Paypal if you can as you will then be able to get your money back out same day.
IG is a very reliable brokesite and I have personally used them for months now. Please if you are interested comment and I will give you a DM with your link. No time wasters please as my link will just become invalid.
submitted by btcvenom to beermoneyuk [link] [comments]

ALERT Cryptocurrency Scammer with fake broker and account management

In recent 2019 until now, there is a Scammer using **FAKE BROKER** names: **DIGITALTRADEFX** “http://www.digitaltradefx.com", “**DIGITALTRADEFIRM** ”http://www.digitaltradefirm.com“, **TRACEOPTIONFX** “http://www.traceoptionfx.com" or “**CRYPTONLINEFXPRO** ”http://www.cryptolinefxpro.com" , he is contacting people directly through Instagram, Facebook, Twitter, Telegram, WhatsApp and using different **FAKE profile** …. claiming himself as an account manager. He is using a different **FAKE phone number**, and many others. Last year he was using <> or <<>> to scam people and then he changes it this year. the website looks familiar with** Pocket option** web (another fraud broker in EU) .

He promised a high return on investment weekly, to his victim investors. Once you put your money in his hands, you will never get anything back from him as money. First, let's start with the website. the website phone number belong to two different platforms…be aware of that. the support team contact will never help get your money back….HE IS BEHIND ALL THAT and using a fake certificate.
When you try to reach the support team by the web, there is another contacts email appear with another FAKE web he is using. He may allow you to** become affiliate **to him, introduce his platform to others and bring more victim in his game…. **DON’T PUT YOUR FRIENDS HARD EARN MONEY IN HIS HANDS.**. NOW, in the platform itself, there only one way…Deposit your money. All withdraw possibility are FAKE, and it will never work. The platform itself looks like Pocket option platform.
On the platform, you make deposit by Bitcoin address he provides you. You money grow week after week. Then the withdraw, this is where the game change. **you can NEVER withdraw** by crypto address, paypal or skrill. He will send you to a **FAKE BANK** he names** ROCUNITY BANK** “http://www.rocunity.com“ which is a **FAKE website** he creates less than a month ago**. the website is empty, you won’t get any information in there. Your money is gone.
A website he bought about another bank…. look down of the page. he said the bank was create since 1865 but he just create the website less than a month ago. The grammar on the web page is wrong. he download some images on google containing another language to feed the web. **IF HE CONTACT YOU ABOUT INVESTMENT OR BORROW MONEY WITH HIM, YOU REPORT AND IGNORE IT.**
After try many time to get your deposit back, he will ignore you or try to put you in another Scam business. He has many accounts on Facebook, Instagram, Twitter, Whatsapp, Telegram …etc. he may work from India or US between those places despite his fake IP address he used. He create many group on telegram for investment in short term, If he get in touch with you…. know you are not in good hands. REMEMBER AND SHARE THE MESSAGE WITH YOUR FRIENDS.. NOW YOU KNOW HOW THE SCAMMER WORK AND IF YOU WANT TO INVEST IN CRYPTO OR FOREX, YOU BETTER FIND A REGULATED BROKER AND WELL KNOWN. see you!
submitted by Chrisleee20 to Scams [link] [comments]

Forex nueva normativa

Alguno aca que haga trading con forex, como queda lo nuevo que salio para meter plata al broker por ejemplo ic markets y/o poder hacer un retiro ? me quedo claro para lo de paypal y esas cosas pero no entendi si tambien iba a estar limitado el tema de ingreso a cuentas propias del broker para hacer trading.. alguno en esta tambien ?
submitted by fortin10 to merval [link] [comments]

Op Ed: How Atomic Swaps Could Work for Stock Market Trading | Bitcoin Magazine

fintech #trading #algotrading #quantitative #quant #hft #forex #fx #crypto #gbpusd

Op Ed: How Atomic Swaps Could Work for Stock Market Trading Traditional stock market trades can leverage the concept of atomic swaps to facilitate direct stock-to-stock trades without requiring cash positions. Atomic Stocks Overview In traditional stock exchanges, retail investors in public markets are unable to switch from one position to another without first going into cash. For example, an investor looking to trade his or her Amazon shares for PayPal shares must first exchange these Amazon shares for U.S. dollars, before buying PayPal shares with these dollars.
This style of exchange creates unnecessary friction and expense because of a) transaction costs incurred on the sale of the asset, as well as on the purchase of the new asset; b) U.S. dollar purchasing power exchange-rate risk; and c) transaction fees paid to the broker that the purchaser is using, as well as the bid-ask spread that exists for each publicly traded stock (which occurs on both the sale of the previously .....
Continue reading at: https://bitcoinmagazine.com/articles/op-ed-how-atomic-swaps-could-work-stock-market-trading/
submitted by silahian to quant_hft [link] [comments]

Etoro Number 1844 663 4837 Etoro Support Numbe gfh

Etoro Number 1844 663 4837 Etoro Support Numbe gfh
he eToro stage is a straightforward social exchanging stage that enables clients to pursue and copy others in their exchanging exercises without presenting dangers to their own portfolio. This likewise implies you can remain breakthrough on news of any sort on the online life stage, with remarks, tips, suppositions, and certainties from regarded specialists. Through the social exchanging stage, you can likewise track and duplicate effective merchants in an open and clear way.

EToro – venture online networking

eToro's rationality is to urge everybody to take part in social exchange – and this comprehensiveness reaches out to the WYSIWYG interface; you can without much of a stretch set up your record and begin exchanging. There are likewise an assortment of manners by which the stage pulls in you – regardless of whether you have led any exchanges or you are simply as yet seeing the data and choosing the fundamental cash sets to exchange.

Individuals in eToro welcome the experience of extreme clients. With regards to exchanging the market, it's customarily exhausting and completely dry, however with the assistance of portable applications and an online stage that takes you to the market and into the universe of the web based exchanging network with right around three million clients, eToro transforms exchanging into a delight so that even immediate contenders endeavor to copy it.

Record stores

eToro acknowledges stores by means of Paypal, MoneyGram, Neteller, and WebMoney, notwithstanding charge card stores and bank exchanges. Contingent upon the chose subsidizing channel, the underlying least store prerequisite could be either $200 or $500. For money out, the client should total and present an online application. eToro's site offers broad direction on the money in and money out procedures.

Exchanging stage

Up until this point, being the most extraordinary and creative exchanging stage in the cutting edge Forex advertise, the eToro program enables you to think about betting an ordeal for the broker (truth about Forex).

The eToro mark is a superb prologue to the idea of social exchanging – for the two apprentices and specialists. Anybody can see the course in which most dealers work. All subtleties are situated on the interface, which plainly indicates what is currently important and where the lion's share is moving. You simply pick what to exchange; sign an agreement, more often than not for one moment of exchanging; and sit tight for the outcome. You can make more than one exchange in the meantime.

Additional intriguing highlights of eToro incorporate versatile applications and stock exchanging. Portable Apps, for example, the eTrader, are extraordinarily simple to make exchanges with when you are in a hurry and outside your office. In contrast to other social exchanging stages, eToro likewise has propelled usefulness with regards to contributing and stock offers exchanging.
submitted by Raazfde to u/Raazfde [link] [comments]

Etoro Support 1844^663^4837 Etoro Phone number gfjh

Etoro Support 1844^663^4837 Etoro Phone number gfjh
Social exchanging, as opposed to customary or traditional money related exchanging, utilizes the innovations and systems of internet based life stages, for example, publicly supporting and substance that originates from clients in a market exchanging stage. Similarly as the power and fame of web based life stages can be founded on the substance created by client – posts, articles, recordings and exhibitions, which are related with online life you can discover on a virtual divider – a social exchanging stage works on similar standards.

The eToro stage is a straightforward social exchanging stage that enables clients to pursue and copy others in their exchanging exercises without presenting dangers to their own portfolio. This likewise implies you can remain breakthrough on news of any sort on the online life stage, with remarks, tips, suppositions, and certainties from regarded specialists. Through the social exchanging stage, you can likewise track and duplicate effective merchants in an open and clear way.

EToro – venture online networking

eToro's rationality is to urge everybody to take part in social exchange – and this comprehensiveness reaches out to the WYSIWYG interface; you can without much of a stretch set up your record and begin exchanging. There are likewise an assortment of manners by which the stage pulls in you – regardless of whether you have led any exchanges or you are simply as yet seeing the data and choosing the fundamental cash sets to exchange.

Individuals in eToro welcome the experience of extreme clients. With regards to exchanging the market, it's customarily exhausting and completely dry, however with the assistance of portable applications and an online stage that takes you to the market and into the universe of the web based exchanging network with right around three million clients, eToro transforms exchanging into a delight so that even immediate contenders endeavor to copy it.

Record stores

eToro acknowledges stores by means of Paypal, MoneyGram, Neteller, and WebMoney, notwithstanding charge card stores and bank exchanges. Contingent upon the chose subsidizing channel, the underlying least store prerequisite could be either $200 or $500. For money out, the client should total and present an online application. eToro's site offers broad direction on the money in and money out procedures.

Exchanging stage

Up until this point, being the most extraordinary and creative exchanging stage in the cutting edge Forex advertise, the eToro program enables you to think about betting an ordeal for the broker (truth about Forex).

The eToro mark is a superb prologue to the idea of social exchanging – for the two apprentices and specialists. Anybody can see the course in which most dealers work. All subtleties are situated on the interface, which plainly indicates what is currently important and where the lion's share is moving. You simply pick what to exchange; sign an agreement, more often than not for one moment of exchanging; and sit tight for the outcome. You can make more than one exchange in the meantime.

Additional intriguing highlights of eToro incorporate versatile applications and stock exchanging. Portable Apps, for example, the eTrader, are extraordinarily simple to make exchanges with when you are in a hurry and outside your office. In contrast to other social exchanging stages, eToro likewise has propelled usefulness with regards to contributing and stock offers exchanging.
submitted by Raazfde to u/Raazfde [link] [comments]

[CEO LETTER] MAY-28, 2018: CLICKGEM PROPOSAL

May 28th, 2018
Dear potential investors,
I'm Nguyen Nam Hai, C.E.O of ClickGem Project (ClickGem Inc – Belize), you can call me as Hai!
First of all, thanks for your interest in ClickGem Project, this is the honor of our development team!
Second, although you can find all information about ClickGem project on the internet, I still want to provide you a brief summary and explain which can help you to understand this project easily and fully: - ClickGem project is creating a new payment system which is much better than all current payment systems, include PayPal and other similar payment systems! We are focusing on developing a payment gateway (paygate) which can support to pay and receive payment with multiple different currencies (both cryptocurrencies and fiat money), it has a special feature for exchange currency instantly during transaction, through exchange floors (this is an important advantage because buyers can pay by any currency and they not need to match with currency which sellers want to receive, and always get the lowest exchange rates from the market) and very low fee. That is our core application! Then we will develop additional an ecosystem of applications and APIs to support that core application. We will also develop two-directions API for our paygate so it can integrate with other forex/cryptocurrency exchanges to increase liquidity and have more chances to find the lowest exchange rate when exchange currency for buyers/sellers when they using our paygate. - Another advantage of ClickGem paygate: at this time, not many merchants/sellers are ready to accept payments for their business by cryptocurrencies because of many reasons (tax declaration, risks of the exchange rate, risks of the liquidity, risks with the law - not many governments allow cryptocurrency business) while in fact have a lot of people owned cryptocurrencies want to use it as currencies for shopping, for payment... ClickGem paygate will support for cross-exchange between Fiat currency and cryptocurrency and it will be a solution to connect people owning cryptocurrency with all merchants/sellers around the world. - ClickGem is a project started from January 2018 that aims to create all tools and applications which will support and encourage people to use more cryptocurrencies in different fields of the real life instead of only trading them like stocks/currencies/commodities on exchanges floors on the internet. Until now, we achieved some points on our roadmap and launched some important working applications. Our development team are still improving those applications (add more features, improve processing speed and security, optimize user interface) and developing new applications to build ClickGem ecosystem. You can see our roadmap at here: https://www.clickgem.com/roadmap.html . You can also test our applications by register an account on the website! - ClickGem project also has its own cryptocurrency called ClickGem (CGM). Web wallet, full-node wallet for Linux and block explorer had been launched already. Full-node wallet for Windows and MacOS are estimated to be launched in next month (June 2018)! Because ClickGem project focuses solely on developing an ecosystem of applications which support for all cryptocurrencies, so the CGM cryptocurrency is simply forked from Litecoin open source. However, we think it is good enough to use as a cryptocurrency, no need any new additional features! - ClickGem project is a service provider and we will generate profits mainly from collect fees from people who used our tools and applications. We released our owned cryptocurrency to raise fund from the community to have more budget for ClickGem project development. ClickGem cryptocurrency has all the same function with other currencies which supported by our system. But our users will always get 50% discount on every fee when utilizing ClickGem cryptocurrency (cheaper fee than other currencies). Especially, some future applications in ClickGem ecosystem will only support for ClickGem cryptocurrency. People can also trade ClickGem cryptocurrency in many other public exchange floors. When ClickGem ecosystem is fully developed and present at all of its target markets, it will have a lot of users around the world. Needs of CGM cryptocurrency will increase a lot (because it has a lot of incentives compared to other cryptocurrencies which supported in ClickGem ecosystem) while its maximum supply is only 30 million, so its price will increase rapidly! - Until this time (May 2018), ClickGem website has very good ranking, over 60,000 registered users and over 22,000 followers on Telegram and still increasing day by day. - ClickGem is a young project but developer team is professional and high qualified but, above all, is very motivated in achieving predetermined goals.
If ClickGem project succeeded: - It will help all merchants/sellers have a better way to receive payment and have more buyers. - It will help all buyers have a new payment method which is more flexible and better than all old methods, easier for online shopping. - It will help all people who owning cryptocurrency can use their cryptocurrency to do more things than only trading it on exchange floors. - It will help many exchange floors (include Forex and cryptocurrency exchanges) have more buy orders and improve liquidity. - It will accelerate the implementation and application of global blockchain technology.
ClickGem project will be a global service like PayPal, Amazon, Alibaba or Aliexpress so it can access all markets in the world and its scalability is unlimited!
Our project will attend to ICORace event (www.icorace.ch) in Switzerland on June 6/7th. Have over 100 ICO applications sent to ICORace, but our project is on top 20 ICO projects which will enter semi-finals! That means our project is highly appreciated by the ICORace organizer. We will have a chance to present our project as a speaker to a lot of investors at there. This is a very good chance to attract people from ICORace event to our project!
Our project also attended to the 2nd Global Fintech & Blockchain China Expo 2018 at Shanghai (China) on last month (April 2018) and attended to the World BlockChain CryptoCurrency Summit Moscow 2018 (WBCSUMMIT MOSCOW 2018) in Russia on this month (May 2018). Our business idea is also highly appreciated by every people in both events! You can see our presence in both events at here: https://www.clickgem.com/updates-apr-12-2018-clickgem-team-… https://www.clickgem.com/updates-may-20-2018-meet-us-at-wor… https://www.clickgem.com/updates-may-19-2018-meet-us-at-wor…
Third, I want to tell you about my personal story and the reason of idea to start the ClickGem project: I'm a businessman and I have a small factory in Vietnam for producing hair extensions & wigs products (Company introduction: https://www.youtube.com/watch?v=fMHk0UyA05s). I have been running this business for about 10 years. Most of the products produced in my factory are exporting to many different countries (USA, Russia, Brazil, Mexico, Germany, Portugal, UK, Hong Kong, Korea etc...). Within 10 years doing international business, one of biggest troubles for my business is receive payments from international clients because most of my clients don't want to pay directly to my company bank account because of the barrier of customs and import procedures, etc... To maintain business with those clients, I have to suggest them to: - Pay to my personal bank account >> It usually makes trouble to me for tax declaration. - Pay through personal money transfer companies like Western Union, MoneyGram, Unistream, etc... >> Can only receive small amounts, high fees. I still have trouble with tax declaration. - Pay through PayPal >> Many limitations and very high fee (PayPal transaction fee is 4.4% but the total amount I lose usually up to 12% because PayPal only allows merchants to withdraw money from the account by local currency and they always apply exchange rates which are very disadvantage for the merchant). I still have trouble with tax declaration - Pay by cash through brokers, pilots or flight attendants >> No trouble with tax declaration but can't transfer big amounts. High fee, and high risk! Because of limitation and barriers to receiving payment, I can't easy to expand my business. I know that not only I have this trouble, a lot of business people are having the same trouble! I never stop finding the better solution to solve problems with receive payment!
Until when I know about cryptocurrency which created using blockchain technology and strong communities are supporting the cryptocurrency, I strongly believe it can replace our current currencies in a future near. Cryptocurrency has a lot of advantages which compared to our current currencies. However, now is just the beginning of the era of cryptocurrency, we still have not many applications with enough features to support cryptocurrency to become our main currency.
I start thinking about ClickGem Project which can have all features combined from PayPal, CoinBase, Forex websites, cryptocurrency exchange websites, Amazon, Alibaba, Aliexpress, etc... which can support strongly for cryptocurrency and become a perfect system for payment and exchange currencies.
Currently, my team has not many people, but we can achieve many goals within a short time (about 5 months), although before that we haven't any preparation and even don't know many about blockchain technology. That can show our ability is not small and that ability will continue to multiply many times when we have more budget to recruit more talented people! I know that still have many difficulties in future and still need more time make ClickGem system become a perfect system, but I strongly believe that every difficulty will have the solution to solve (like the way I have been done with my current business from the zero) and I believe can make these ideas become real!
Other reasons make me strongly believe ClickGem project will be succeeded and it could become the big system like PayPal, Amazon, Alibaba, Aliexpress, etc… are: I believe that when we do anything if we don't believe in ourselves and what we are doing, we will never succeed. And what is easy come will easy go, only goals which are difficult to be achieved will create the real value! My team members owned a same great skill is we never give up and we will always search for solutions to solve all difficulties! I also know that because of the unstable situation of politic and economy are happening many places around the world, so many people start finding better currencies for daily transactions or hold as an asset instead of Fiat currency (cash, money at banks), gold or some things like that, this is also the main reason to make cryptocurrency become a very hot trend at this time! I believe that is the normal evolution and development of human society (in our history has witnessed many similar phases and events)! I have enough knowledge about IT field and doing business, I understand that to build systems like PayPal, Amazon, Alibaba or Aliexpress is not very difficult, I'm total can build similar systems but my systems even can support for both cryptocurrency and Fiat currency! Those companies only difference with me is they have a great opportunity to receive support from big funding companies and even government because all of them are established at the beginning of the era of the internet (For example: Alibaba has established from the beginning of the era of the internet in China, so they have opportunity to receive great support from big funding companies like SoftBank, etc... and the Chinese Government about resources, relationships, policies, etc...). The beginning of the era of the stock market is also similar to the beginning of the era of the internet, also generated many big names and many big companies. Current is the beginning of the era of the blockchain technology and cryptocurrency, I believe that we have the same opportunity with PayPal, Amazon, Alibaba or Aliexpress... Why not take this opportunity? My team only think and do, with all of our efforts and sincerity, I believe we can convince and get support from many investors to realize our dream!
I still have a lot of ideas to do with ClickGem project, however, my budget is limited and I can’t do everything alone! So, I always looking for more people who can join a hand with me, together to make this project succeed!
Would you like to join one hand with me?
I hope ClickGem project can meet your interest and opens the way for an interesting and profitable collaboration!
Thanks for spending your time to read my proposal and I hope you will spend more time to review ClickGem project!
Looking forward to hearing from you soon!
Best regards,
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Nguyen Nam Hai – CEO [email protected]
ClickGem Project https://www.clickgem.com
https://www.clickgem.com/ceo-letter-may-28-2018-clickgem-pr…
t.me/clickgem/179
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Op Ed: How Atomic Swaps Could Work for Stock Market Trading | Bitcoin Magazine

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Op Ed: How Atomic Swaps Could Work for Stock Market TradingTraditional stock market trades can leverage the concept of atomic swaps to facilitate direct stock-to-stock trades without requiring cash positions.Atomic Stocks OverviewIn traditional stock exchanges, retail investors in public markets are unable to switch from one position to another without first going into cash. For example, an investor looking to trade his or her Amazon shares for PayPal shares must first exchange these Amazon shares for U.S. dollars, before buying PayPal shares with these dollars. This style of exchange creates unnecessary friction and expense because of a) transaction costs incurred on the sale of the asset, as well as on the purchase of the new asset; b) U.S. dollar purchasing power exchange-rate risk; and c) transaction fees paid to the broker that the purchaser is using, as well as the bid-ask spread that exists for each publicly traded stock (which occurs on both the sale of the previously held asse..... Continue reading at: https://bitcoinmagazine.com/articles/op-ed-how-atomic-swaps-could-work-stock-market-trading/
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Which Forex Brokers Accept PayPal in 2018? Paypal Accepted Forex Broker  Best Fx Broker That Support Bitcoin (BTC),Paypal - 2020 Trading mit PayPal  Gute Handelsplattform & Broker für Anfänger (Deutsch) 5 Best Forex Brokers 2020 - YouTube Which forex broker accept paypal

Trading forex, crypto & stocks with PayPal is easier said than done. Despite PayPal's popularity as a funding method, not all brokers accept it as a payment method. Compare the top 10 online forex brokers that accept PayPal for deposits and withdrawals in 2020. Why don’t all Forex brokers offer PayPal? Most major brokers that have been on the market for a considerable time do offer PayPal, it is just some of the newer brokers that don’t offer it. Each broker may have a different reason but one that should be considered is that PayPal may have blocked their account, which is a telling sign to stay away from that broker. What is a PayPal Forex ... Schauen Sie sich unsere Vergleichstabelle und das Ranking der besten PayPal-Forex-Broker oben an. Wenn Sie weiterführende Informationen benötigen oder nach mehr Brokern suchen, ziehen Sie bitte unsere detaillierten Broker-Bewertungen und zusätzlichen Vergleichstabellen zu Rat. Today's Date Friday, August 14 th, 2020 Top Brokers; Your Capital is at Risk: APPLY NOW: Your Capital is at Risk ... Voted as the highest rated FX and CFD broker, XTB is among the Forex brokers that use PayPal as an option to deposit and withdraw funds. Offering access to over one and a half thousand markets, XTB is one of the leading brokers in the financial services industry. Many forex traders are further attracted to XTB thanks to their no minimum deposit policy. This can be particularly beneficial to ... Please explore the list of PayPal forex brokers you can find below to know what brokers accept this payment method. Our paypal forex brokers list is not final due to constant changes in the broker’s trading conditions, therefore for the latest and up-to-date info please refer to the official site of the broker you are going to trade with. Forex traders that open a forex account with a reputable PayPal broker have yet another convenient way to deposit funds that is fast and securely. IC Markets is one of the world’s leading true ECN trading brokers that allows PayPal deposits and withdrawals. IC Markets is an Australia-based CFD broker that is licensed and regulated by ASIC ... A list of Forex brokers that support PayPal payment system as an option for funds deposit/withdrawal.PayPal is a convenient on-line payment system that is widely accepted in the USA, Canada and the United Kingdom. Forex brokers that accept PayPal deposits often are good-standing companies, which you can trust. You will find 32 brokers listed in the table below.

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Which Forex Brokers Accept PayPal in 2018?

Which forex broker accept paypal forex broker accept paypal forex company accept paypal forex brokers that accept paypal deposits fx broker accept paypal bes... What is the Best Forex Broker in the world ? Check these 5 Best Forex Brokers 2020 : https://bit.ly/2WLcuPh There is huge list of forex brokers but finding a... Risikowarnung: der Handel mit Binären Optionen, Forex, Kryptowährungen oder CFD kann nicht für jedermann geeignet sein, so stellen Sie bitte sicher, dass Sie die Risiken vollständig verstehen ... https://ForexRank.co/ The brokers in the video have been verified to accept deposits via PayPal for 2018. Many other websites claim to list brokers that accept PayPal but in reality they do not ... Best forex broker for volatility 75 index,options, nasdaq100 with 0.01 minimum lot size available too. See video descriptions or comments below for Paypal accepted forex broker other brokers links.

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