This is interesting but it can not be true because there is not any regulation over this.
Anyway, there are some forex websites in where you could use your bitcoins for trading, i used to use them for forex purposes when i was earning a lot of money through them.
SimpleFX, Whaleclub.. and the list goes on.. there are a lot of sites who let you operate with your bitcoins, not only this "newbie site" that doesnt have any trust at all.
Bitcoin has no real regulation but it is true, so I do not get your point. And being a new company and a new website does not mean we are newbies, as our member and founders have more than 7 years of experience in the forex market. The instrument variety is much larger than the sites mentioned and there are no fees for transactions besides the spreads .There is also a social aspect on our website with members chat, members analyses on different assets, news etc.
The point is that people can trade to make more Bitcoin by using the Bitcoin they already have so we offer a Forex solution to do exactly that.