I've been looking at Bit4x for a while now as I liked the idea of having my account denominated in BTC. Been reading through this thread today and glad I did not go ahead with it. Thanks for all those who exposed this business.
To the owner, Matic, the remarks you made in this thread is not what one would expect from a professional and or a person in your position. At stages I was willing to give you the benefit of the doubt but your remarks smacks of arrogance and you never really answered any of the pertinent questions asked of you. If the information provided in this thread is not enough warning to anybody contemplating opening an account with your firm then your attitude should surely be.
I think I will head the warning issued by the FCA:
The Financial Conduct Authority (FCA), UK’s financial regulator, issued a warning yesterday against Bit4X and VenetFX of being ‘cloned firms’ purpotrading to be authorized entities with the FCA. A forex broker offering customers trading with the MetaTrader 4 platform, VenetFX states that its operations are part of Worth.IT Financial Services LTD, a UK FCA registered corporation. Operating out of Slovenia, VenetFX made some headlines last year as it became the first forex broker to offer the ability to fund accounts with bitcoins, under its Bit4X brand. They also launched a bitcoin denominated hedge fund which invests in the forex market.
Warning against VenetFX and Bit4X, the FCA announced that the brokers are in fact not affiliated with Worth.IT and are simply using the name of what had been a registered UK firm in the past, but no longer exists. Categorizing the brokers as ‘clone firms’, the FCA stated that they are part of a tactic where “Fraudsters are using the details of firms we authorize to try to convince people that they work for a genuine, authorized firm”.
Rest of the article can be read here ==>
http://dcmagnates.com/uks-fca-issues-warning-against-bitcoin-brokers-bit4x-and-venetfx/I'll just stick with my existing broker and keep on nagging them to get bitcoin into their service offering.