Open Account Trading Carries Risk

Dear TIOnauts,

Greetings to you all from us here in the trade.io group. I hope that this letter finds you well and enjoying the sense of normalcy that seems to be seeping back into our collective realities around the world. In my neck of the woods we are deep into summer and enjoying the opportunity to live our lives almost completely mask-less.

Hopefully you all saw that we blew the doors off of it again at TIOmarkets in June. We had our second best month ever for volume, up close to $150 million from May. It is great to see the team at TIOmarkets continue to put in great performances and grow the core of our business. We continue to make changes and adjustments to the product in order to keep improving through, no complacency at all. For example, we have gone live with automated KYC/AML for onboarding new clients. I find this to be particularly relevant as we continue to make compliance easier and better for our TIOnauts when certain other companies (I won’t say who, but it starts with a “B”) are being slapped down by the regulators there for doing things the wrong way.

We have also released version two of our TIOsignals app. If you have not had a chance to try it, check it out when you have a moment. It is available for both Apple and Android. You can find it here, https://tiomarkets.com/en/forex-trading-signals.

We are also a month into our payouts being in USDT instead of ETH and, aside from a few formatting issues, it has gone very smoothly. Don’t forget that these accounts are fully trade enabled, so if you feel like utilizing those funds in the market, jump right in. If you need any help with this, by all means contact support and we would be delighted to help you out.

As always, don’t forget these monthly updates:

  • If you have not done so yet, check out Janne Muta’s daily insights via commentary, video, webinar and more, to help you make informed trading decisions. Janne has continued his streak of excellent analysis and insight and his work is worth the read. If you would like to receive these updates, you can do so, at no cost, by signing up at www.tiomarkets.com/analysis.
  • If you would like, you can help us increase our domain authority (and to get as much traffic as possible) by leaving us a good review on trustpilot https://www.trustpilot.com/review/tiomarkets.com, by sharing one of our blog https://blog.tiomarkets.com posts or even sharing our URL www.tiomarkets.com on your website, if you have one.
  • If you are worried about how the fast-moving markets might affect your investment during these times, we have set up a dedicated webpage providing up-to-date market information plus webinars, podcasts and more. Please bookmark this page to keep apprised of any market news that might affect your trading portfolio, or if you are interested in seeing how industry leaders are coping with the crisis. www.tiomarkets.com/fx-in-quarantine
  • This update was published on Telegram and the TIOmarkets blog, publicly available to view here: https://blog.tiomarkets.com/. We are changing the way we send emails in response to feedback from the community about spam and no-receive challenges. Any TIOnaut who has signed up to TIOprime, TIOmarkets (or who is in the Liquidity Pool) will remain in our database and will continue to receive important TIOmarkets news. If you have not yet signed up on any of those spots and wish to continue to receive email updates, please do so at this time.

One last thought, if I may. We have come to, what I believe, is another inflection point in the history of crypto. It seems like not a day goes by without some meme coin blowing up, some old scam token falling apart or a major player in the industry getting slammed by regulators. It is great to be a part of the trade.io team that pivoted instead of folding when the exchange needed to be hibernated and has continued to pay out, day after day, for years now. The more fraud and nonsense that is exposed, the more I feel that real tokens like TIOx, that are backed by real companies like TIOmarkets, will continue to shine.

That is all that I have for this month TIOnauts. Despite the warm sunny weather, we are back to work, each and every day, endeavoring to drive value in TIOx. As always, the path is longer than any of us would like, but we will stay on it nonetheless.

Sincerely,

Bill Heyn

CEO

Author

Tio blog

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