I have concerns now after looking to this YouTube blog:
https://www.youtube.com/watch?v=kDvF7ji3MZwWhy is the broker in Cyprus? I prefer to work with a broker from Germany in the future. Will you foresee that your platform is also connected to German brokers?
Please advise.
Hi there, absolutely no need to worry.
We know here videos and we do think that people need to be educated and warned about specific financial services. But definitely not about us. She is talking nonsense.
As far as I know, this is the case: A few years ago, she was losing money at Avatrade, which was an online broker and she accused them of fraud. And when brokerage services are stopping their business, they are usually selling their licenses.
We acquired this exact license in order to build the Hanseatic Brokerhouse and NAGA Markets. But we have actually nothing to do with this woman or Avatrade. But she wont believe us and keeps accusing us.
And actually - you can choose between 11 brokers on SwipeStox. You are not forced to use one or the other. And there are also Brokers who are registered in Germany and regulated by Bafin - GKFX for example.
Even though, it does not make any difference if the Broker is located in Cyprus, Berlin or Paris. The European Securities and Markets Authority is regulating all European brokers in the same way. There is absolutely no difference.