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Dubai FXM Review 2020: Scam or Legit Broker? Find out Now!

Dubai FXM is a robot broker launched in 2012 by the Dubai FXM limited. The broker offers a wide range of products, including CFDs in crypto and forex. However, it is well known for supporting bitcoin trading through a trading robot known as Bitcoin Up. Dubai FXM popularity skyrocketed during the crypto boom of 2017…

Dubai FXM is a robot broker launched in 2012 by the Dubai FXM limited. The broker offers a wide range of products, including CFDs in crypto and forex.

However, it is well known for supporting bitcoin trading through a trading robot known as Bitcoin Up. Dubai FXM popularity skyrocketed during the crypto boom of 2017 due to its association with the robot.

Bitcoin Up went viral in 2017 after helping nearly 70% of its users generate hundreds of thousands of dollars in profits within three months by speculating on bitcoin. The robot has remained a top choice for investors and is attracting a lot of attention in 2020 as analysts continue to predict another crypto boom.

This means that the popularity of Dubai FXM as a partner of Bitcoin Up is also rising. Users must register on the Bitcoin Up website to enjoy the great benefits associated with this broker. We will discuss these benefits in this Dubai FXM review and offer tips to help users get the best out of it.

Open your account

All trading carries risk.

How does Dubai FXM broker work?

Dubai FXM is an ECN broker offering low-cost trading to auto-traders. An auto trader is a person who applies a special computer program to perform trading automatically.

Automated trading does not require any skill or expertise. Moreover, you do not have to spend a lot of time managing your account since the program conducts trading automatically. A trading robot relies on a specialized broker as its bridge to the markets.

The roles of the broker include buying and selling the asset on trade as instructed by the robot and facilitating transactions with clients. They also provide leverage, which is a form of loan provided to the trader to help them magnify their trades.

dubai fxm main navigation panel

dubai fxm main navigation panel

A good example of an auto-trading platform is Bitcoin Up.  As mentioned in the introduction, Bitcoin Up is the partner trading robot for Dubai FXM. This means that you need to visit the Bitcoin Up Website and register an account to trade with Dubai FXM.

Trading with Dubai FXM directly is not recommended since this robot is not made for manual trading. Please note that no expertise is needed to trade bitcoin CFDs through Bitcoin Up. You only need to sign up, deposit the trading capital with Dubai FXM, and click the live trading platform.

Dubai FXM Trading platforms

Dubai FXM is specialized for auto trading, and hence users must register through Bitcoin Up to trade with this robot. The broker has a manual trading option, but users must be familiar with the MT4 to trade manually.

We strongly advise against registering with this broker directly since its trading conditions are not the best for manual trading. You must register through the Bitcoin Up robot to get the best out of this robot.

Bitcoin Up connects with Dubai FXM in the background. The robot conducts trading research and automatically relays orders to the broker for execution. Traders who register through Bitcoin Up are offered a powerful but easy to use the trading platform to manage their accounts.

Trading with Dubai FXM through Bitcoin Up is easy and highly recommended for anyone looking for a passive way to earn an online income. You do not need to invest in trading education or spend a lot of time monitoring your account to trade with Dubai FXM through Bitcoin Up.

Dubai FXM Tradable instruments

Dubai FXM offers forex and CFDs trading. Spot forex trading is available for manual traders. As mentioned earlier, this broker is best suited for automated trading. We suggest that you only trade with it through the Bitcoin Up trading robot.bitcoin up introduction section

bitcoin up introduction section

With Bitcoin Up, you can trade CFDs in crypto against crypto and crypto against fiat currencies. Popular crypto against crypto pairs includes bitcoin paired against Ethereum, Bitcoin Cash, Ripple, Dash, and Monero.

Crypto to fiat currencies, on the other hand, includes popular offerings such as Bitcoin paired against the USD, EUR, and the GBP. Overall, Dubai FXM offers over 60 crypto CFDs pairs at a leverage of up to 1000:1.  Leverage allows traders with small accounts to bet on big trades. For instance, a $250 account can trade positions worth up to $250,000 when the leverage is 1000:1.

It’s worth noting that high leverage magnifies both profits and losses. Bitcoin Up automatically connects with Dubai FXM risk management features to control risk. These features include the stop-loss and take-profit features. You should read the Bitcoin Up trading manual carefully to understand the risk management process. The guide is explained in layman’s terms and is hence easy to understand for all.

Is Dubai FXM legit or a scam broker?

Dubai FXM is undoubtedly a legit broker given the amazing reviews it has on ForexPeaceArmy and TrustPilot.

For instance, it has nearly 5k reviews and a rating of 4.6/5 on TrustPilot. At least 90% of those who have reviewed it positively report trading with it through Bitcoin Up. What stands out the most is the level of profitability associated with this robot.

Open your account

All trading carries risk.

Some Bitcoin Up reviews indicate that a deposit of $250 can generate up to $1000 daily in profits—most of the users who have reviewed the robot report earning profits from the first day of trading. There are a few complaints about people making losses, but that is expected in any worthwhile venture. Do not deposit more than you can afford to lose.

Tier-one regulatory authorities monitor Dubai FXM. These include the Cyprus Securities and Exchange Commission (CYSEC), the UK Financial Conduct Authority (FCA) and the Australian Securities and Exchange Commission (ASIC).

This broker is also compliant to data privacy laws, including the stringent EU General Data Protection Regulation (GDPR). Its platforms are also encrypted through the RSA protocol to keep off cyber attackers. Bitcoin Up is also compliant with these regulations and relies on top encryption to ensure users safety.

How to register and trade with Dubai FXM

We strongly advise that you register on the Bitcoin Up website to trade with Dubai FXM. Bitcoin Up is an auto trading robot that allows ordinary people to profit from bitcoin volatility. You can read an in-depth Bitcoin Up review here.

Bitcoin Up is available globally, with presence in over 140 countries. Its platforms and customer service are multilingual, covering over 20 languages. As mentioned earlier, anyone who can read and follow simple instructions have high chances of success with this robot.

Dubai FXM shares the customer service with Bitcoin Up, and hence users can get all help relating to trading in one platform. You can kick start your trading journey with Dubai FXM through the steps explained below.

Register on Bitcoin Up website

You need to register a free trading account on the Bitcoin Up website to participate in Dubai FXM auto trading. Registering an account with Bitcoin Up is as easy as creating a social media account. However, you must submit accurate details since you will be asked to verify them later.

Moreover, you will be asked to verify your identity with Dubai FXM by uploading a scanned copy of your government-issued ID. Identity verification is paramount since it is meant to thwart instances of financial crime such as money laundering.

Deposit a minimum of $250

After registration, Bitcoin Up will redirect you to Dubai FXM page to deposit. You need to invest at least 250 USD to participate in auto-trading through Bitcoin Up.

Dubai FXM doesn’t charge any deposit fees. Moreover, there is no ceiling to how much you can invest. Even so, we advise that you start small and grow your investment by ploughing back profits.

Read the trading manual and trade live

Bitcoin Up is an auto trading robot, and hence no trading skill is needed to trade with it successfully. However, you must read and observe the account set up instructions. It is written in plain language, and hence anyone can understand it.

Live trading should be easy for anyone who takes enough time to understand the robot. Bitcoin Up in collaboration with Dubai FXCM offers a highly intuitive demo account to help you practice before going live.

We suggest that you trade on the demo for at least one hour before proceeding to the live account. The demo is available after deposit.

Is Dubai FXM Legit? The Bottom Line!

We have tested Dubai FXM and found it to be legit. This broker is highly specialized for robot trading. You can register with it through Bitcoin Up, a legit robot with a verified daily ROI of up to 400%. Click the link below to get started.

Open your account

All trading carries risk.

FAQs

Is Dubai FXM legit?

Yes! This broker is trustworthy since they are well-regulated in most jurisdictions. They are also powered by a blockchain-powered trading robot known as Bitcoin Up. Blockchain brings about transparent peer to peer transactions.

How do I withdraw from Dubai FXM?

Fill the withdrawal form on Dubai FXM withdrawal page and wait for up to 2 hours for your funds to be processed.

How do I open a demo account on Dubai FXM?

You need to register with Bitcoin Up to access the Dubai FXM demo trading account. The registration process is quite straightforward.

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School4Trading Review – How to Spot Possible Forex Broker Fraud

School4trading Review

School4Trading Review – How to Spot Possible Forex Broker Fraud

In this School4trading Review, we will look at the features of the software, as well as the customer support. First, let us look at the interface. The design is simple and easy to navigate. It also provides a chatbot, which helps you to communicate with the broker. The customer service is warm and inviting, which is a hallmark of a good broker. In contrast, a fraudulent broker will use cold and impersonal customer support to lure people in.

Another problem with the system is that the login process is not always intuitive. You may have to retype your password several times to get in. Then, you may experience difficulties withdrawing your funds or accessing your account. In such cases, you might have to wait for days or even weeks before you can withdraw the money you’ve invested. This is not a good sign. It’s better to choose a different trading platform altogether.

If you’re having trouble logging in, you should also check the legitimacy of the broker. Whether the broker is licensed by a reliable regulatory body or closed down, you’ll want to be sure it’s legitimate. If the broker isn’t licensed by the right body, don’t trust him. You shouldn’t waste your time with an inexperienced company. This will only cause you problems in the long run.

The next factor that should be checked is the licensing. A legitimate broker will have a license from a high regulatory body. However, a broker without a license will be unreliable. Moreover, a reliable regulator will take away the license of a scam broker. As a result, a trustworthy School4Broker/Profittrade review should mention fees, account rules, and contract terms. A scam broker will be unable to operate legally.

Secondly, look for warning signs. The broker should be licensed and regulated by a reliable regulatory body. It should be regulated by a high level. If it doesn’t, it’s a scam. Lastly, it should have a website that lets you easily access your account. Moreover, you should not hesitate to check the contact information. If you find any information that seems suspicious, you should reconsider using the broker.

In summary, Forex trading isn’t easy, but it doesn’t have to be complicated. It’s not as difficult as it seems if you’ve heard about the program. You’ll learn everything about the basics and how to become a professional. But if you’re still unsure about whether this program is right for you, don’t hesitate to contact a school4trading’s website.

The most important thing to remember when it comes to Forex trading is that it’s not easy. While it’s important to have a strong background in trading, there are a number of factors that can affect your success. Having a proper plan is vital in the long run, because you will be trading with real money. And, the platform should be reliable. Otherwise, you’ll end up losing a lot of money.

As we’ve mentioned, Forex is not easy. Investing isn’t something you can do in the comfort of your own home. You need a proven system. There are no free trials, so you’ll have to find a way to do it yourself. This isn’t a scam, and it’s a great way to make money without any help. A Forex system can help you learn the intricacies of the market.

Although the process of learning Forex isn’t an easy one, it’s certainly not impossible. Fortunately, there are many people who are willing to take the time to learn how to trade. But, even the most experienced trader needs to be aware of the risks of the market. While Forex trading isn’t easy, it can be done with the right knowledge. The software’s user-friendly interface is key.

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Daily Financial News

Don’t Count On JPY Correction; Staying Long GBP/JPY

The path of the potential pace of the JPY decline may still be underestimated by markets, which continue trading the JPY long.

While the 10% USDJPY advance from September lows looks impressive from a momentum point of view, it may no thave been driven by Japan’s institutional investors reducing their hedging ratios or Japan’s household sector reestablishing carry trades.

Instead, investors seemed to have been caught on the wrong foot, concerned about a sudden decline of risk appetite or the incoming US administration being focused on trade issues and not on spending. Spending requires funding and indeed the President-elect Trump’s team appears to be focused on funding. Here are a few examples: Reducing corporate taxation may pave the way for US corporates repatriating some of their USD2.6trn accumulated foreign profits. Cutting bank regulation could increase the risk-absorbing capacity within bank balance sheets. Hence, funding conditions – including for the sovereign – might generally ease. De-regulating the oil sector would help the trade balance, slowing the anticipated increase in the US current account deficit. The US current account deficit presently runs at 2.6% of GDP, which is below worrisome levels. Should the incoming government push for early trade restrictions, reaction (including Asian sovereigns reducing their holdings) could increase US funding costs, which runs against the interest of the Trump team.

Instead of counting on risk aversion to stop the JPY depreciation, we expect nominal yield differentials and the Fed moderately hiking rates to unleash capital outflows from Japan.The yield differential argumenthas become more compelling with the BoJ turning into yield curve managers. Via this policy move, rising inflation rates push JPY real rates and yields lower, which will weaken the JPY. Exhibit 12 shows how much Japan’s labor market conditions have tightened. A minor surge in corporate profitability may now be sufficient, pushing Japan wages up and implicity real yields lower.

JPY dynamics are diametrical to last year . Last year, the JGB’s “exhausted”yield curve left the BoJ without a tool to push real yields low enough to adequately address the weakened nominal GDP outlook. JPY remained artificially high at a time when the US opted for sharply lower real yields. USDJPY had to decline, triggering JPY bullish secondround effects via JPY-based financial institutions increasing their FX hedge ratios and Japan’s retail sector cutting its carry trade exposures. Now the opposite seems to be happening. The managed JGB curve suggests rising inflation expectations are driving Japan’s real yield lower. The Fed reluctantly hiking rates may keep risk appetite supported but increase USD hedging costs.Financial institutions reducinghedge ratios and Japan’s household sector piling back into the carry trade could provide secondround JPY weakening effects

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Daily Financial News

Mexico raises interest rates, cites Trump as risk

The head of Mexico’s central bank says U.S. Republican candidate Donald Trump represents a “hurricane” sized threat to Mexico.

Banco de Mexico Gov. Agustin Carstens told the Radio Formula network Friday that a Trump presidency “would be a hurricane and a particularly intense one if he fulfills what he has been saying in his campaign.”

Trump has proposed building a wall along the border and re-negotiating the North American Free Trade Agreement.

Mexico’s central bank raised its prime lending rate by half a percent to 4.75 percent Thursday, citing “nervousness surrounding the possible consequences of the U.S. elections, whose implications for Mexico could be particularly significant.”

Mexico’s peso had lost about 6 percent in value against the dollar since mid-August. It recovered slightly after the rate hike

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