What is leverage in trading

This has led to big profits for many. BITCOIN BTC/USD: Bitcoin has finally reached new all time highs. Trading derivatives is also a way to use leverage, and this includes options, futures, and CFD markets. It offers up to x200 leverage, a user friendly interface, and is complemented by the copy trading service offered by the company. This is a highly thoughtful system, as each star is representative of something special, rather than an abstract sign of positive activity. Technical trading can often mean the difference between growing one’s capital quickly or licking one’s wounds after a string of. Adding another layer of protection against market volatility, signal inaccuracies, and potential scams. These features make the PrimeXBT iOS app a comprehensive solution for traders looking to maximize their potential and manage their investments effectively. If this this case will be solved correctly i will update you otherwise goodbye no trust will be left.

Was This Overnight Fees?

That depends on the trader’s strategy and financial goals. Do not link any content to this sub or beg votes or comments. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. The promotion is active from 11 March through 9. If the app is unavailable in your region, you can still access it through direct download from our site. Since its launch in 2017, KuCoin has evolved into a promising cryptocurrency exchange, servicing a vast user base of 30 million individuals spanning more than 200 countries. Polkadot aims to create a similar environment, one that developers can use to create a dedicated product on a network meant for everything. Attend exclusive PrimeXBT events, network with other clients and learn new skills. They are calculated based on the size of the leveraged position and the duration it is held. Detailed information PrimeXBT平台上的比赛 regarding fees can be found here. In conclusion, Prime XBT has a lot of advantages, such as various trading instruments, free minimum deposits, a powerful trading platform, and multiple security measures. PrimeXBT is also hosted on AWS “Amazon Web Services” which has a proven track record for security in the industry. Its average daily trading volume stands at around 1 billion on average. The platform’s strong focus on security, user friendly interface, and responsive customer support further enhance its appeal.

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Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. Whether you’re a seasoned cryptocurrency investor or just beginning to explore digital assets, our platform offers a range of products and services tailored to your needs. You must also know which asset you are interested in trading, in this case, most likely Cryptocurrencies. Operating from its base in the Marshall Islands, PrimeXBT extends its services to over 150 countries, underscoring its global reach. They help make the most of market moves, potentially leading to bigger profits or smaller losses. These fees are a common aspect of Forex trading and can vary significantly depending on the currency pair being traded. Keep in mind that margin can magnify losses as well as gains, so this is something that should be thought of ahead of time. In his video, Humphries declared that Shiba Inu’s era of skyrocketing by thousands of percentage points within weeks or months is over. On the right side of your position, you can find a little “x” mark that you can press if you want to close it. Currently trading at about $0. Brand operating since. If you have a highly leveraged day trade and it happens to be live at 00:00 UTC, even if it’s been on for just 5 minutes, it may literally wipe you out on financing fees alone. Although they require you to manually enter the trade in your trading platform, they also offer the flexibility to change the entry and exit prices, or even not to take a trade altogether. Buying Crypto step by step. On the flip side, the low may fall to $174. Strategy Managers Profit and Loss. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies.

Ready to put your insights into action?

Depending on the offer selected, affiliates can enjoy up to 50% profit share and $2500 per referred client. It offers features for both new and seasoned traders. Depositing is easy and friendly. Changelly is a non custodial crypto exchange that lets investors buy, sell, and trade more than 200 cryptocurrencies, as well as providing earn products, margin trading, and perpetual futures trading. Leveraged tokens provide traders with access to leverage, but without the liquidation or margin risks, which is a game changer. However, this year PrimeXBT is welcoming both existing and new clients to participate with deposits as low as $100, and bonuses worth up to $1,000. Copy trading on PrimeXBT is not only a tool for less experienced traders to learn from others but also serves as a way for skilled traders to earn additional income by allowing others to follow their trades. Taker fees are charged when you remove liquidity from the order book by placing market orders that are executed immediately. To claim your PrimeXBT bonus of 35% on your Bitcoin deposit, just follow these steps. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. There are two classes of assets available for trading: futures and CFDs. The second video tutorial will show traders how to make a deposit to the PrimeXBT platform. Here is the PrimeXBT referral code for a new user sign up bonus in 2021. Our human support team is here to help 24/7, in your language. PrimeXBt certainly has several advantagesFor example, I can deposit my account through Metamask crypto wallet Tbh, this is the most important thing I wanted to write in my PrimeXBT review. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. CoinCodex have taken a cautious approach, drawing conclusions while predicting Dogecoin price action, and suggesting a short term vision for 2023.

Trusted by over 1,000,000 tradersTrusted by over 1,000,000 traders

If you have visited their website before then you would know what we are talking about. For those looking to trade on BitMEX, knowing the platform’s restricted jurisdictions policy and ensuring compliance with local regulations is essential. Cryptocurrency exchanges rely on two main types of wallets: cold and hot wallets. Creating an account with PrimeXBT is a quick and straightforward process. To make it even simpler for affiliates to bring clients to PrimeXBT platform, we provide a robust collection of banners, prints, logos of our products and services, landing pages, and many more marketing materials. A short position involves selling an asset with the expectation that its price will fall, planning to buy it back at a lower price. PrimeXBT is off the hook. Regardless, it is an option that you have on our platform at PrimeXBT. The file is verified secure by PrimeXBT. This leaves your email as your primary form of ID. Com trader’s capital acts as collateral, and the borrowed funds are used to enter a larger position. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. When it comes to crypto, PrimeXBT has a more modest range than some of the other exchanges in our list, including Bitcoin, Ethereum, Litecoin, XRP, and EOS. 232, with a maximum price of $10. Learn more about Baksta’s Legal Terms. In the next section, we will explore the specific countries where PrimeXBT is supported. These features aim to improve the trading experience, but their real world effectiveness remains to be assessed as we explore further. This knowledge helps you in the exciting world of cryptocurrency trading. The prices tend to fluctuate unexpectedly during the day and night. Keep an eye peeled for anything that looks off, such as Phishing sites. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. They are in place to ensure that the system isn’t manipulated or the people using digital asset services aren’t using their funds for nefarious reasons. PrimeXBT allows traders to make cryptocurrency deposits through their crypto wallets. This affiliation ensures that traders have access to a neutral third party committee to resolve disputes. 071 USDT in trading fees.

Summary

You decide to close the trade once the pair reaches 1. Trade Crypto Futures Contracts incl. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Ethereum also had its own ETFs approved by SEC. The winners of the tournament receive a cash reward. Luckily, Coinpanda can help you with this and generate ready to file tax forms quickly and easily. ” should know that the most popular crypto derivatives are futures and options. OKX stands out as a top alternative to PrimeXBT, offering a broader range of crypto products and services, plus monthly Proof of Reserve releases for enhanced transparency. The ability to get instant help can save you from unnecessary stress and potential losses. On the other hand, PrimeXBT is more like a CFD platform where the long/short of Bitcoin, including other cryptocurrencies with leverage of 100X on all crypto pairs, can be done with fewer fees, which I see as a big deal advantage. Because of this process, Chainlink has provided a way to efficiently source reliable and accurate off chain data for smart contracts to use in various cases. This means, there are many factors that can have a long lasting influence on the price of Bitcoin, such as supply, the integration of the crypto market, or news, to name a few. Saying Coinjournal is much more bullish on their Cardano price prediction would be a huge understatement. I opted for the LTC/USDT perpetual futures pair and placed a limit buy order, which was executed as soon as the price reached the limit, costing me 0. Search for “PrimeXBT” and install the app on your device. This demand could drive Polygon price up over the coming years. There is no “one size fits all” type of strategy that people use. You have to refer the platform to your friends and family and when they sign up at Primexbt, then you are awarded in cash for this. Forex equity reflects all funds; real and unrealized in a Forex trader’s account. Crypto Futures and CFD Services on our inhouse platform are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated and existing under the laws of Saint Lucia, with Registration No. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR, with registration number 66d10393e8a00a3181b8e457. Following a VIP tier level, here is what traders on Bybit can expect to pay for trading fees. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options.

Is trading short and long at the same time possible on BitSeven?

Click Download and confirm the file download if you see a warning. However, PrimeXBT has fewer crypto assets and trading pairs than some other platforms. However, it has become standard on most trading platforms. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. MT5 services are provided by our partner, PXBT Trading Ltd “PXBT”, a licensed Securities Dealer in Seychelles under License No. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money. Currency assets are traded among themselves, with resources and metals. The difference in points between the price when you opened the contract and the price when you closed it is then multiplied by that figure. Despite the limited FAQ section, the platform’s live chat and email form provided quick access to a support agent. While depositing and withdrawing to a bank card is convenient, it may incur conversion fees. It has a simple and easy to use PrimeXBT user interface. Depending on where you are opening your margin account, there will be some rules that you need to follow. Reply from PrimeXBT Copy Trading. Key features of PrimeXBT Copy Trading include. Explicit financial advice is also not allowed. This is a kinda versatile trading platform. PrimeXBT supports deposits and withdrawals in popular cryptocurrencies such as BTC, COV, ETH, USDC, and USDT. 2024 00343, having its registered office address at PKF Corporate Services Ltd. No CFD trading fees, but watch out for spreads, commissions, and swaps. Their fees are typically less than $2. A long position is when you buy an asset expecting the price to rise. Keep an eye on these sources for the latest promotions and bonus codes. 3 billion fine for failing to comply with AML regulations. Once users have set up their funds, they can deposit it into their accounts. PrimeXBT regularly shares bonus codes and special offers on its social media platforms, including Twitter/X, Instagram, Facebook, Telegram, and popular trading forums. We also believe it will contribute to the improved general health of our industry. PrimeXBT is known for its versatile trading options, including cryptocurrencies, forex, commodities, and indices, along with high leverage and advanced trading tools. ” Cardano is an exciting project that has captured the attention of traders around the world.

Coin Search

The program is designed to accommodate a wide range of partners, including affiliate marketing professionals, media resource owners, education centers, and traders with active communities. It only accepts crypto transfers from other exchanges or digital wallets in. 🌍 Global Accessibility: Operating in over 150 countries, PrimeXBT boasts a community of over one million traders. Crypto Futures and CFD Services on our inhouse platform are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated and existing under the laws of Saint Lucia, with Registration No. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. You can disable email notifications by going to the settings or preferences section of your account and adjusting your notification settings. Additional Recommendations. Yes, trading fees typically include spreads, commission fees, and overnight financing swap fees, depending on the asset and platform. Copy trading fees are also charged similarly. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. In the top left quadrant of the PrimeXBT dashboard, you’ll find a blue “Deposit” button that will take you through to the deposit screen. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options.

Restricted Jurisdictions

Binance has a wide range of altcoin Futures that can be traded on high leverage, other than most other brokers where you mostly find Bitcoin and maybe some of the big market caps as Futures. Bitfury’s Crystal software and blockchain analysis tools in action. Beyond standard trading tools or even advanced tools, some platforms offer key competitive advantages that aren’t offered on other platforms. At the resistance level, the uptrend will pause as the selling pressure increases. Overnight financing fees, also known as swap fees, are charged for positions held overnight. PrimeXBT is a well established CFD exchange that offers a wide range of trading assets, including cryptocurrencies, stocks, forex, commodities, and indices. Conversely, when the MACD line crosses below the signal line, it’s a bearish signal, indicating it might be a good time to sell. PrimeXBT offers leveraged trading up to 100 times the amount you contribute. PrimeXBT is an online trading platform aiming to achieve global leadership by providing easy and immediate access to several financial markets. Funds can also only be accessed via multiple signatures reducing the risk of one compromised party making unauthorized transactions. The top performing year for Stellar was 2017 when the price of XLM increased by 14,463. It is also a great way for experienced traders to earn some extra income from other traders. Additionally, PrimeXBT displays order book and live trade data alongside the price charts.

Events

Yes, PrimeXBT allows users to purchase cryptocurrencies using credit or debit cards through integrated services. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. The fundamental catalyst behind the surge in ADA price is the rise in the issuance of native assets on the Cardano network. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Discounts vary by member level, so check your account for personalized offers. We’re hiring a new Lead of Paid Media in European Union. The continued development of Solana’s ecosystem and growing adoption could drive these price increases. However, you should note that the more you see social interaction, the more likely you are closer to the top than the bottom. With up to 200x leverage on Bitcoin BTC and Ethereum ETH CFDs, PrimeXBT caters to traders seeking high leverage opportunities. PrimeXBT is known for its user friendly interface, which simplifies the trading process for beginners while still offering the depth required by experienced traders. File these crypto tax forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct. Overall, I rank PrimeXBT in the middle of the pack. Team is monitoring with the Nexera Foundation to resume regular processing. To minimize trading fees, I recommend using limit orders to benefit from lower maker fees. While some customer support agents have mentioned that the platform is working on establishing an insurance fund for customer deposits, there has been no official confirmation of this. Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. The platform provides a variety of free deposit options for both crypto and fiat. PrimeXBT offers membership plans that provide additional benefits for both followers and strategy providers. Trading Features: The mobile app supports trading for both Crypto Futures and CFDs, including all order types such as limit orders, stop limits, day orders, OCO, and GTC. The delivery of the asset or contract happens at the current market rate. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options. As an active trader, I appreciated the inclusion of advanced technical indicators and the availability of high leverage. It can be done, and it can be done well, but it takes some time, learning, market analysis, skill, strategy, and strict discipline to become successful.

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PrimeXBT supporta depositi e prelievi in criptovalute popolari come BTC, COV, ETH, USDC e USDT. 24 hour trading volume is $627812055 USD. 2013/099697/07, having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. In 2019, at least 94% of orders on PrimeXBT were executed at the quoted price or better. Disclaimer: These are the writer’s opinions and should not be considered investment advice. Membership status: Active. 5In summary, copy trading can eliminate the steep learning curve and constant headaches too often associated with active crypto trading. In summary, PrimeXBT’s fees and financing options help users save on trading costs. MiFID II and there is no provision for an Investor Compensation Scheme. I was really surprised to filter the offers by their profits, track record, and other characteristics. Emotional control and regulation are crucial when using leverage. Yes, PrimeXBT provides a demo account feature that allows you to practice trading with virtual funds before risking real money. You want them to trigger. Clearly define risk rules:Clearly formulate your risk management guidelines regarding position sizing,stop losses, maximum drawdown, and other limits you adhere to. These services are governed by the legal terms and conditions of PXBT. Then, select the right network. Affiliate Program: PrimeXBT partners can choose between a revenue share or cost per acquisition CPA program. The deposit may take a bit of time to show up in your account due to the fact that the crypto will require confirmations on the blockchain network before they are deposited into your account. But, it’s riskier than just buying and selling because you can lose more money. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. The platform’s trading fee of 0. Yes, our 4 level affiliate program will allow you to invite friends, family and others to try out the platform. Similarly, a position of $100 would require only $0. These products are not suitable for all investors. That’s in addition to some of the lowest fees, to ensure you can trade more for less. Despite this downturn, Chainlink’s underlying technology and potential use cases imply a positive long term outlook. Note ✍️: Be sure to read the TandCs that apply to this as well as what is acceptable promotion and what is outlawed. These services are governed by the legal terms and conditions of PXBT. The company’s clients can buy and sell crypto futures with a fixed commission: 0. Warning: The price of digital assets can be volatile.

Gaurav Roy

There are two main roles in PrimeXBT’s Copy Trading. Traders can also benefit from zero commission and spreads as low as 0. Ouroboros Consensus: Cardano’s cutting edge Ouroboros consensus algorithm underpins its technological prowess. If your prediction is correct and ETH price climbs, you may decide to fix a profit. In the above example, you will be buying 1 order of SP500. Here are our top two reasons. You can disable email notifications by going to the settings or preferences section of your account and adjusting your notification settings. If you find or are approached by an organisation, exchange or broker that allows you to buy crypto without KYC, be careful, as you might be engaging in illicit transactions and may face numerous legal challenges and regulatory risks. Best regards,The PrimeXBT Team. To download the PrimeXBT app on your Android device, follow these steps. However, it’s uncertain how this fee structure stacks up against others in the market. 34% change over the current price. The crypto space is still new, which drives this volatility. Trading conditions are acceptable. While registered in Saint Lucia, its cryptocurrency services are provided by Baksta UAB, a company registered in Lithuania. Larger positions require more margin, reducing risk. One effective approach is to optimize the number and size of trades. This makes for a daily rate of 0. It offers a professional grade trading environment with advanced features tailored for leverage and derivatives traders. It’s useful for those who want fast and lightweight interactions with the platform. 05% per trade and portfolio copied on Covesting which is very competitive in the industry where trading fees between 0. This should not be seen as financial or investment advice of any kind, nor does Prime XBT endorse or guarantee the relevance, timeliness, or accuracy of the information or publications. The platform does not require you to store funds on the exchange, reducing the risk of hacks. Trading cryptocurrencies can be highly risky, but it can also be lucrative. Cryptocurrencies are also known as digital currencies. Coin Bureau readers who sign up to PrimeXBT can receive a 35% bonus if they sign up with our sign up link. PrimeXBT allows direct Fiat deposits to Global Markets CFDs currency trading accounts by automatically redirecting them from your wallet when a deposit is made. This also helps the crypto financial system remain healthy and avoid price manipulation such as so called “pump and dump” schemes.

US dollar

PrimeXBT processes withdrawals once daily within a set timeframe as part of its strategy to minimize transaction fees for cryptocurrency withdrawals. Thus anything published on The Money Mongers is not an investment advice and we are not you investment advisor. 🚀 Visit PrimeXBT today and start your journey towards smarter, more profitable trading. If the app is unavailable in your region, you can still access it through direct download from our site. PrimeXBT explains its trading fees in a clear way. The exact amount and conditions for these fees can vary. There is a strategies section on the platform, fast and easy deposits and withdrawals, and the support service responds within minutes. It can make it easier for healthcare providers to communicate and share patient records in a secure manner while maintaining patient confidentiality. For the Pros 👨‍💻: You can enable « one click » ordering if time is of the essence with the trade. A masternode is a computer that stores the entire cryptocurrencies’ blockchain ledger and thus has a record of every transaction ever to have taken place on that blockchain, and is constantly updating. However, traders who wish to increase these limits or access additional features like fiat withdrawals and enhanced security will need to verify their identity through Bybit’s tiered KYC system. PrimeXBT also has over 50 FX trading pairs. All pending withdrawals are processed once a day, between 12:00 and 14:00 UTC. Before making financial investment decisions, do consult your financial advisor. 2024 00343, having its registered office address at PKF Corporate Services Ltd. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. This lets traders adjust their strategies based on the market. We have compiled all of the information you need to know before joining the PrimeXBT affiliate program. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. With a fully fledged copy trading service, a low PrimeXBT copy trading minimum deposit, and a dashboard with precise controls, it is prevalent in my PrimeXBT Crypto Futures review that this is a serious crypto platform. In 2019, at least 94% of orders on PrimeXBT were executed at the quoted price or better.

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It’s great to hear that you value the diversity of financial assets available on our platform. It lets you mirror the moves of successful investors with ease—making it a top pick for those looking to grow their crypto portfolio. During his tenure, he analyzed various financial markets, companies and acquisition candidates for corporate clients undertaking financing and MandA transactions. PrimeXBT reserves the right to revoke any bonus if the user is found to be in violation of the platform’s terms and conditions. If an investor or trader makes a buy order and the underlying contract or asset rises in value, a larger return is possible beyond what a regular spot or cash position would have provided. If the app is unavailable in your region, you can still access it through direct download from our site. Do not post addresses or seek donations. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. In order to reduce the possible negative impact of breaking news on your trades, you should actively manage your trades and always use a stop loss. The platform provides access to over 100 markets, including a variety of cryptocurrencies, traditional forex pairs, major indices, and commodities. Yes, the bonus can be used to trade various instruments available on PrimeXBT. At PrimeXBT, we offer negative account protection, meaning that we constantly monitor any positions that threaten both parties involved in the loan to keep disaster at bay. Each coin’s buy and sell price will be listed on the exchange.

Creatives

These products are not suitable for all investors. Moreover, the payments are dictated by the selling merchant so you may not always get your preferred deposit method. Some of the more popular trade pairings include but are not limited to BTC/USD, DOGE/USD, EOS/USD, ETH/USD, LINK/USD, SHIB/USD, SOL/USD, and XRP/USD. No clickbait or misleading titles. Bybit also employs a maker taker fee model. Experienced traders can also profit by allowing others to copy their trades. Leverage amplifies your profits in short selling. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. For each direct referred by the affiliate or indirect referred by his referral client, the affiliate receives from 5% to 20% commission according to the following scheme. Single accounts only: The lack of account options means you’re stuck with a single live account, limiting customization. Copyright © 2024 EA Trading Academy. Another USP of PrimeXBT is that it supports margin trading for popular cryptocurrencies and stocks indices, forex, and commodities. To start trading on PrimeXBT, setting up your account is a breeze: Simply provide your email and create a secure password. The platform’s robust infrastructure and compliance with international regulations enable it to offer reliable and secure trading services across these regions. Corporate Communication Structure and Transparency: The company does not share any information about its founder or current leadership on the official website. They wish to hide their credentials from authorities. Affiliate partners also receive a dedicated dashboard to monitor earnings, dedicated partnership managers, and invitations to exclusive global networking events. Make sure to check all email folders such as Spam/Promotions/Notifications/Updates/etc. With Perpetual Contracts: Daily fluctuating funding interest rates for leveraged positions. But many other cryptocurrencies sit above it in terms of popularity and market cap right now. Dear Otnayir,Thank you for your positive feedback. Immerse yourself in the thrilling journey of cryptocurrency trading with PrimeXBT, where acquiring coins or tokens means securing a slice of digital assets like Bitcoin. MEXC does have KYC, but it isn’t mandatory. A trader can use such a trend to profit through short selling Bitcoin. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. If you’re new to the Crypto game or trading in general, then you might not know about an amazing set of tools called trading signals. PrimeXBT is a one of a kind trading platform in the market. PrimeXBT operates a tier based referral program where you will earn a percentage of trading fees not only on those traders that you directly refer but also a percentage from 2nd and 3rd tier referrals. Unfortunately, they do not have a dedicated phone line which you can dial in the case of an emergency.