As we put the final touches on our FX trading platform, we wanted to take a moment to provide an update on the particulars. As mentioned prior, the FX release will be split into two phases:
Phase 1 (December 27th, 2018)
This phase will allow any verified account on trade.io the ability to trade FX. Once logged into the trade.io exchange, you will have the ability to open an account and transfer either BTC, ETH or TIOx within seconds to our FX Company TIO Markets, powered by the industry gold standard MT5 platform.
You’ll then be able to participate in a $6 Trillion per day market, offering trading in over 130 instruments, including FX, Commodities, Energies, Metals, Indices and Stocks. You will be trading over the most reliable state of the art technical infrastructure using institutional liquidity, insuring the best trading environment possible.
When using BTC or ETH, you will pay $8 per round trip per standard lot traded, or the equivalent of USD200,000 of currency traded. When using TIOx, you will pay 50% less or $4 per standard lot traded.
All accounts will be opened with TIO Markets Ltd., which is a St. Vincent and the Grenadines entity, and deposits will be crypto only in the form of a transfer from your trade.io account. Trading will be available on PC, Mac, Android, iOS, and tablet devices. Demo trading will be available for 30 days absolutely free of charge.
A portion of all revenue generated in the form of commissions and risk management will be allocated to trade.io’s Liquidity Pool.
Phase 2 (End Jan / Beginning Feb, 2019)
This phase will introduce www.tiomarkets.com. From there, clients will have the ability to open an account with either TIO Markets Ltd., our St. Vincent and the Grenadines entity, or TIO Markets UK Ltd., which will be our FCA regulated entity, depending on your geographic location.
This phase will also introduce MT4 so traders can choose between MT4 and MT5 and the Percentage Allocation Management Module (PAMM), which is a service which gives investors the opportunity to let qualified money managers trade on their behalf, without being able to access any of the investors’ funds.
Along with additional products to trade, this phase will allow for fiat deposits in multiple currencies through bank wire, credit/debit card and various payment processors.
Lastly, this phase will include an industry leading program for affiliates that will included CPA (Cost Per Acquisition) along with Revenue Sharing, which will allow our affiliates to maximize their earning capability with compensation rivaling the top affiliate programs available in the industry.
As you can see, there is a lot planned, and the entire trade.io team is very excited to provide this additional service.
Warm regards,
The trade.io team
