Dear colleagues, I’m here to ask for your opinion. Our team of traders and developers is launching FUMGO, a new service for exchange trading (FAMGO in Russian — why? Well, that’s another story). Now the service is working in a test mode. As we are finalizing the basic functions, I’d like to ask you to share your opinion about our platform and what trading tools on the exchanges you’d like to use.
I’ve been trading for more than seven years, almost 4 of them in cryptocurrency. I trade for myself and for my clients as a trustee. I didn’t like that the built-in tools for managing positions and transactions on exchanges are cut compared to traditional trading. It is inconvenient. Therefore, we’ve gathered a team and decided to create a service offering all these tools.
We aimed to solve a few problems. We wanted to facilitate recording, expand trading instruments on exchanges, and offer an alternative to trust management, which will be more transparent. The service was created on the basis of our needs, but sure we could have missed something. Any opinion will be appreciated.
Our platform has two main groups of functions. We assume that the first group of tools will be demanded by experienced traders, while the second one mainly by beginners. Here they are:
- The first group is the advanced trading functionality, close to the classic Forex, that everyone is used to.
- Automatic trades copying, that creates orders at FUMGO. This is mirror trading. Now we have several traders and our own channel so that people can subscribe to it for free and check how it works. Advantages over the trust management: the money remains with you, and you can stop copying transactions at any time. And no need to follow lots of Telegram channels.
By the way, if you have experience in trading and you want to make money, DM me — I will tell you the terms for participation for traders. - We have an official Facebook, Twitter and Telegram channel where we regularly post the news on our project and market analysis.
How to Start Working on FUMGOTo make a new profile on FUMGO work, one should add
their exchange’s API keys to the platform. Then you can connect any amount of accounts of one and the only or different exchanges.
Sure, there’s a lot of scum that’s why we advise you to use only the keys with no right to withdraw. You can even create a separate account for trading on FUMGO. One more thing about security: we work under GDPR, and don’t have access to your keys, so the keys are visible only to their owners.
You don’t need to have a balance for trading on FUMGO, you will pay only for the service subscription and traders (the second one makes sense only for mirror trading). After signup you will have
free one-week trial access — it seems to be enough for testing main functions.
All in all, you can trade by the terminal or not enter the exchange through its interface at all, because during the bidding process the service takes all the necessary data on balance and a closed trade. Here we’d like to know which data are really important for you and which you lack. Share your opinion, please.
What Our Interface Has to Offer- Smart trading. You can create any types of orders on FUMGO using trailing, setting Take Profit and Stop Loss (dividing into steps, applying trailing). You can set order parameters using chart and edit steps (targets) TP/SL after creating/finishing the main order.
- Mirror trading is automatic copying of trades of the chosen trader on your account.
Transactions are made in the same percentage ratio to the balance as that of the trader, but in the limits, you have selected. Mirror trading is a good choice to start for those who don’t want to dive into market analysis and spend time on trading by themselves. To find out more, click here. - In addition, you can customize alerts for currency value changes. This feature is available immediately after registration and you don’t need to add the keys on exchanges for that.
- Available exchanges: Binance, Bittrex, Bitfinex, Huobi Global, Okex, HitBTC, CEX.io. If you need to add any other exchange, DM me here or in Telegram.
Margin trading will soon be added.
If you read it all through, thank you. I will be glad to answer any of your questions and appreciate your suggestions and feedback on our platform. Even negative feedback will help us to improve the service.
Fumgo.com
