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Broker with e-currency - Are they reliable enough?
Aug 02, 2010 at 17:54
1,296 視聴
14 Replies
forex_trader_8139
Mar 04, 2010からメンバー
411 投稿
Aug 02, 2010 at 17:54
Hi,
Some forex brokers provide deposit with e-currency, such as Liberty Reserve, Perfect Money, EuroGold Cash, AlertPay, WebMoney and etc..
As i know, these e-currencies can become worthless anytime, eg. e-gold. If this is true then why forex brokers still accept using(deposit and withdraw) e-currency?
Do you think that we can judge a broker(Financial reliability) by deposit method? Because i realized that famous forex brokers do not accept e-currency.
Any comment?
Thanks,
SIM
Some forex brokers provide deposit with e-currency, such as Liberty Reserve, Perfect Money, EuroGold Cash, AlertPay, WebMoney and etc..
As i know, these e-currencies can become worthless anytime, eg. e-gold. If this is true then why forex brokers still accept using(deposit and withdraw) e-currency?
Do you think that we can judge a broker(Financial reliability) by deposit method? Because i realized that famous forex brokers do not accept e-currency.
Any comment?
Thanks,
SIM
forex_trader_8139
Mar 04, 2010からメンバー
411 投稿
Aug 03, 2010 at 03:03
Any comment?
forex_trader_8139
Mar 04, 2010からメンバー
411 投稿
Aug 03, 2010 at 08:44
hi,
anymore comment?
anymore comment?
forex_trader_8864
Mar 18, 2010からメンバー
111 投稿
Aug 03, 2010 at 08:50
(編集済みのAug 03, 2010 at 08:51)
i used this kind of service, i signed up with exness and used moneybookers. i used exness coz of the 1:1000 leverage and cents account. i used moneybookers coz it is somehow the same as paypal. i dont trust those other e-currencies.
forex_trader_8864
Mar 18, 2010からメンバー
111 投稿
Aug 03, 2010 at 08:56
(編集済みのAug 03, 2010 at 08:58)
pip2cash posted:
Hi,
Some forex brokers provide deposit with e-currency, such as Liberty Reserve, Perfect Money, EuroGold Cash, AlertPay, WebMoney and etc..
As i know, these e-currencies can become worthless anytime, eg. e-gold. If this is true then why forex brokers still accept using(deposit and withdraw) e-currency?
true, e currencies can become worthless, that why you need to choose the best for you, choose the ones that are regulated.
pip2cash posted:
Do you think that we can judge a broker(Financial reliability) by deposit method? Because i realized that famous forex brokers do not accept e-currency.
Any comment?
Thanks,
SIM
other famous brokers use paypal, so it is pretty much the same, in exness they only accept e-currencies for the mini and cents account, for the standard/classic account it should be wire transfer.
forex_trader_8139
Mar 04, 2010からメンバー
411 投稿
Aug 03, 2010 at 09:21
Hi Macro,
Thanks for input.
SIM
Thanks for input.
SIM
forex_trader_11878
May 18, 2010からメンバー
45 投稿
Aug 03, 2010 at 15:04
The process to cash in and out of these products are just tedious anyways...just dependent on 3rd party sites so that they (the e-currency) don't have to deal with privacy, exchange issues, and chargebacks.
forex_trader_8139
Mar 04, 2010からメンバー
411 投稿
Aug 03, 2010 at 15:09
DarkProdigy posted:
The process to cash in and out of these products are just tedious anyways...just dependent on 3rd party sites so that they (the e-currency) don't have to deal with privacy, exchange issues, and chargebacks.
How does your point related to justifying reliability of a brokers?
Please clarify some more.
Thanks,
SIM
forex_trader_11878
May 18, 2010からメンバー
45 投稿
Aug 03, 2010 at 15:48
(編集済みのAug 03, 2010 at 15:50)
It really doesn't but my point more or less is why bother....
It's just fee after fee after fee with most of these e currencies.
It's just fee after fee after fee with most of these e currencies.
forex_trader_8139
Mar 04, 2010からメンバー
411 投稿
Aug 03, 2010 at 17:12
Hi DarkProdigy,
thanks for your input.
Regards,
SIM
thanks for your input.
Regards,
SIM
forex_trader_8139
Mar 04, 2010からメンバー
411 投稿
Aug 04, 2010 at 17:18
Dear members,
anymore input?
Regards,
SIM
anymore input?
Regards,
SIM
forex_trader_11878
May 18, 2010からメンバー
45 投稿
Aug 06, 2010 at 09:26
Actually...since I never really answered the question, but just mentioned that the use of these e-currencies are just stupid...
...as for forex brokers...i'd prefer within the realm of legitimacy and e-currencies are not it for this such business.
Don't get me wrong...e-currencies have some good uses. Lord knows it helps me not worry about chargebacks when I do freelance web designing/programming...but, if your claiming to be a big financial broker who handles millions of trades and millions of dollars, then why bother with e-currencies.
Are they fishing for money that cant really be traced? Are they worried about chargebacks? Are you dealing with customers you possibly could be illegal according to your laws so you keep the anonymous?
...it sure as heck isn't abut reducing fees because cashing in and out of these e-currencies is a whole other level of fees you dont incur with just a credit/bank card.
E-Currencies are just not a professional standard of payment to me...and if a broker has them, I sort of get a bit skeptical.
But thats just my 2 cents.
...as for forex brokers...i'd prefer within the realm of legitimacy and e-currencies are not it for this such business.
Don't get me wrong...e-currencies have some good uses. Lord knows it helps me not worry about chargebacks when I do freelance web designing/programming...but, if your claiming to be a big financial broker who handles millions of trades and millions of dollars, then why bother with e-currencies.
Are they fishing for money that cant really be traced? Are they worried about chargebacks? Are you dealing with customers you possibly could be illegal according to your laws so you keep the anonymous?
...it sure as heck isn't abut reducing fees because cashing in and out of these e-currencies is a whole other level of fees you dont incur with just a credit/bank card.
E-Currencies are just not a professional standard of payment to me...and if a broker has them, I sort of get a bit skeptical.
But thats just my 2 cents.
forex_trader_8139
Mar 04, 2010からメンバー
411 投稿
Aug 06, 2010 at 09:59
Hi,
I had some conversation with one of brokers that offer e-money for deposit/withdraw.
Their reason to accept these kind of currency is, since they offer micro account so they should expect small deposit from trader. If trader want have small deposit then using TT through bank is not economic since bank will charge about 30 to 50USD depend on countries.
Same case for withdraw. So this is the explanation from them.
What do you think? Is this acceptable?
Regards,
SIM
I had some conversation with one of brokers that offer e-money for deposit/withdraw.
Their reason to accept these kind of currency is, since they offer micro account so they should expect small deposit from trader. If trader want have small deposit then using TT through bank is not economic since bank will charge about 30 to 50USD depend on countries.
Same case for withdraw. So this is the explanation from them.
What do you think? Is this acceptable?
Regards,
SIM
forex_trader_8139
Mar 04, 2010からメンバー
411 投稿
Aug 16, 2010 at 08:46
anymore input for this topic?
Thanks,
SIM
Thanks,
SIM
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