Alliance with CURRENCY HUB
We are excited to announce that, going forward, CURRENCY HUB, a regulated FSP, having a 6+ year Cryptocurrency Arbitrage track record with ZERO losses, will take on all Arbitage Trading for all Koinexpert Clients!
Existing Koinexpert Clients
Why CURRENCY HUB?
A fully hedged Arbitrage service with zero Arbitrage losses and zero FX risk.
No Arb Fee
No Arbitrage fee charged, only a forex fee, and there are no performance fees.
Discounted FX fee structure, enabling clients to achieve positive returns even in low-premium environments.
An NCR partnership allows clients to trade their full R11m allowances without using their own capital.
A team from an investment management background to manage and optimize the entire Arbitrage process.
Peace of Mind
Cat 1 & 2 FSP licenses and they provide an in-house FX intermediary service, cutting out middlemen.
CURRENCY HUB Forex Fees
|Gross Premium||FX Fee|
|0.5% - 1%||0.25%|
|1% - 1.5%||0.35%|
|1.5% - 2%||0.40%|
CURRENCY HUB Credit Facility
- Zero upfront fees & you don't have to invest your own capital to complete your R10m FIA.
- R15,000 covers the interest on the loan & R9,000 covers the admin and FIA applications which will be deducted from your arbitrage profits (Loan Cost total is R24,000).
- R10m FIA arbitrage trading is completed in 4 cycles (trading R2,5m each time).
- Limited SWIFT fees (4 x R500), reduces the bank fees by R20,000 (average) giving you a better Premium return.
Estimated Profits (Utilizing Credit Facility)
|Gross Premium||Forex Fee||Performance Fee||Credit Facility Fee **||Net Profits *|
|0.5% - 0.7%||0.15%||ZERO||R24,000||R12,000 to R28,500|
|0.7% - 1.0%||0.30%||ZERO||R24,000||R28,500 to R50,500|
|1% - 2%||0.40%||ZERO||R24,000||R50,500 to R165,000|
|> 2%||0.40%||ZERO||R24,000||R165,000 plus|
** Circa R15,000 interest and R9000 FIA admin fee on R11m trading volume.
Frequently Asked Questions
Koinexpert clients who earned referral fees during April 2023 will receive a payout of these earnings in May 2023 after which no referral fees will be earned via Koinexpert again. CURRENCY HUB offers their own referral system.
All clients who switched from Koinexpert to CURRENCY HUB will now be supported directly by CURRENCY HUB. All clients who have not switched can still contact Koinexpert directly if they have any questions or concerns.
Statements for all trades previously concluded via Koinexpert as well as Referral Fee statements will be stored and made available to clients via Koinexpert's Client Revenue Page. Statements for all new trades concluded via CURRENCY HUB will be sent to clients from CURRENCY HUB and will not be stored on the Koinexpert Portal.
Furthermore, the Koinexpert portal will remain online until at least 28 February 2023. After this date, the website may close down and the only way to obtain statements will be via a manual request to firstname.lastname@example.org.
CURRENCY HUB has their own procedures in place to deal with client trades. Through their onboarding process clients will be made aware of all procedures and a dedicated account manager will be available to answer all questions.
However, generally speaking, CURRENCY HUB offers a hedged solution similar to what Koinexpert offered. More recently, their method is closely in line with our "Managed Trade" solution. A managed solution combined with all the various additional benefits CURRENCY HUB offers, makes their strategy one of the most viable ones for those seeking a low-risk and truly hands-free Arbitrage Trading Solution.
If you are a client of Koinexpert then it will only take a few seconds to switch. Click here to make the switch now!
If you are not a client of Koinexpert, you can sign up by clicking here. Users who are not clients of Koinexpert should still be able to onboard with CURRENCY HUB in a short period of time but by going through Koinexpert, we can speed up the process significantly as we already have our clients documents at hand to pass on to CURRENCY HUB.