Results 1 to 10 of 10
  1. #1
    xecutable's Avatar
    xecutable is offline Private Member
    Join Date
    March 2011
    Location
    Zurich, Switzerland
    Posts
    1,734
    Thanks
    532
    Thanked 1,037 Times in 593 Posts

    Default What's a good forex platform?

    I have been asked by an associate of mine, what is a good place for forex trading. He is looking for small minimum deposit requirements, small minimum bids, somewhat good spread and no real pain in the ass withdrawal requirements.

    He wants to play (trade) not be an affiliate.Any suggestions would be appreciated.
    Gambipedia.com - casino & slot reviews accompanied by casino betting guides

  2. #2
    Richard UFX's Avatar
    Richard UFX is offline Non-sponsor Affiliate Program
    Join Date
    March 2013
    Posts
    8
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Hi
    I reccommend UFX Markets
    Admittedly I work for them! but, it suits your requirements with just $100 min deposit, great spreads and easy withdrawals
    http://www.ufxmarkets.com/accounts/mini-account

    We have other useful tools like daily outlook videos
    http://www.youtube.com/user/UFXMarkets
    Plus we have it in 5 languages: AR, EN, RU. FR, RO

    Go to www.ufxaffiliates.com to find out more or message me

    Richard Binstock

  3. #3
    -Shay- is offline Public Member
    Join Date
    November 2012
    Posts
    3,062
    Thanks
    12,211
    Thanked 3,160 Times in 1,695 Posts

    Default

    I'd avoid anything based in Cyprus right now, as they seem to be having some banking issues that will (in my opinion) surely begin impacting those who do business with companies based there.

  4. The Following User Says Thank You to -Shay- For This Useful Post:

    xecutable (20 March 2013)

  5. #4
    Richard UFX's Avatar
    Richard UFX is offline Non-sponsor Affiliate Program
    Join Date
    March 2013
    Posts
    8
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    I recall America had some banking issues not long ago- but companies continue to exist over there
    Lots of forex and binary companies are located in Cyprus- should people not work with any of them?

  6. #5
    -Shay- is offline Public Member
    Join Date
    November 2012
    Posts
    3,062
    Thanks
    12,211
    Thanked 3,160 Times in 1,695 Posts

    Default

    I personally would not, as the current risk is too high in my opinion for needless delays in payments for customers and for business.

  7. #6
    Richard UFX's Avatar
    Richard UFX is offline Non-sponsor Affiliate Program
    Join Date
    March 2013
    Posts
    8
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    We pay everyone within 10 days and are fully liquid and certified
    I dont think a couple of bad stories should halt an entire industry and prevent new affiliates earning from it

  8. #7
    -Shay- is offline Public Member
    Join Date
    November 2012
    Posts
    3,062
    Thanks
    12,211
    Thanked 3,160 Times in 1,695 Posts

    Default

    Quote Originally Posted by Richard UFX View Post
    We pay everyone within 10 days and are fully liquid and certified
    I dont think a couple of bad stories should halt an entire industry and prevent new affiliates earning from it
    I do think that a couple of bad stories and a financial/banking crisis should justify a warning of some sort. Far too often in this industry, we as affiliates blow sunshine. We often pretend everything is just fine when really there are warning signs. Government legislation, chatter of slow payments, delayed affiliate commission payments, unannounced adjustments in terms & conditions, uptick in forum shilling, unanswered support emails... I can continue.

    Just like with the current landscape for American facing gambling operators, I cannot prudently recommend these type of sites to anyone asking without at least bringing up the risk of slow pay/no pay due to liquidity issues and payment processing issues.

    The issues that are currently facing Cyprus is similar in that my belief is that the next group of slow pay/no pay operators are going to be based there (one example, as Prime Partners are Cyprus based).

    Without "slapping them on the table to compare", my suggestion to the OP is to find a forex that is not based in/does not have ties to Cyprus.

  9. #8
    Richard UFX's Avatar
    Richard UFX is offline Non-sponsor Affiliate Program
    Join Date
    March 2013
    Posts
    8
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    I think each company should be viewed case by case
    Painting everyone with the same brush is not wise or fair.
    Dont judge a book by its cover, and all that
    Two in the hand is worth one in the bush
    Anyway, gaming, casino, poker and bingo are saturated verticles now, so there are new streams for affiliates to make revenues and forex / binary is a good one. Most are based in Cyprus for certification reasons - the CySEC, but that does not make them slow or "dodgy"
    Richard Binstock
    UFX Affiliate Manager
    Phone: +44 203 318 9450 Ext 103
    Skype: richardbinstock
    E-mail: richardb@ufxaffiliates.com



  10. #9
    universal4's Avatar
    universal4 is offline Forum Administrator
    Join Date
    July 2003
    Location
    Courage is being scared to death...and saddling up anyway. John Wayne
    Posts
    27,836
    Thanks
    2,178
    Thanked 7,877 Times in 4,966 Posts

    Default

    I think Shay made some good points and he did not suggest painting them all with the same brush....

    He suggested to COMPARE.

    Rick
    Universal4
    Gambling World Online Roulette Online Blackjack Live Online Games Sports Betting Horse Racing
    Casino Affiliate Programs
    Hosting and Domain Names
    Gambling Industry Association
    GPWA Moderation by Me and My Big Bad Security Self
    If an affiliate program is not small affiliate friendly (especially small US Affiliate), then they are NOT Affiliate Friendly!

  11. The Following 2 Users Say Thank You to universal4 For This Useful Post:

    -Shay- (20 March 2013), xecutable (20 March 2013)

  12. #10
    xecutable's Avatar
    xecutable is offline Private Member
    Join Date
    March 2011
    Location
    Zurich, Switzerland
    Posts
    1,734
    Thanks
    532
    Thanked 1,037 Times in 593 Posts

    Default

    Thanks for the input guys. While this isn't for me, I'll definitely take what you have said, when selecting a platform for him. The last thing someone brand new in trading needs is problems
    Gambipedia.com - casino & slot reviews accompanied by casino betting guides

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •