Need 400x Leverage? Mike Tyson Will Be Your Broker

Tyler Durden's picture

Not The Onion... 

On the week when The Dow crossed above 21,000 amid multi-year highs in retail equity inflows, none other than Mike Tyson reminded us with a tweet of how these runs always end.

Launched last year, Mike Tyson's retail brokerage firm Trade12.com allows up to 400x leverage on FX, commodities and futures on stocks... and don't worry there are plenty of education tools.

What could go wrong?

Well judging from the 'small print' on the website - plenty...

Trade12 is owned and operated by UK Company Global Fin Services Limited (Reg. No: 09836699) operation address Tomimae 5, Tallinn 10145, Estonia.

 

Global Fin Services Limited is a subsidiary of Exo Capital Markets Limited (Reg. No: 68798) located at Ajeltake Road, Trust Company Complex, MH 96960, Ajeltake Island - Majuro, Marshall Islands.

 

With Rep. office in Riga, Maskavas iela 224 - 69. Regulated by Eyar Financial Corp Limited (Company No: 014641), Republic of Vanuatu.

 

Trade12 do not solicit and accept clients from USA and France.

So to summarize, Tyson's brokerage is domicled in Estonia, regulated by Vanuatu, andnot available to Americans.

Sounds legit?

Did Mike Tyson just ring the bell?

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Paper Boy's picture
Paper Boy (not verified) BigFatUglyBubble Mar 3, 2017 7:02 PM

Imagine a world where 1000 satoshi buys you and your wife the night of a lifetime? That's what Paper Boy calls a TKO!

https://localbitcoins.com

edifice's picture

For some reason, I read that as, "buys your wife for the night of a lifetime."

NotApplicable's picture

What could possibly go wrong?

Tarshatha's picture

"everyone has a trading plan, till you get punched in the face"

1980XLS's picture

Gorilla Trades?

 

I knew they would be back.

evoila's picture

Ha Majuro? 

Look for yourself ... https://www.google.com/maps/place/Majuro/@7.1393403,171.1362316,37414m/d...!3m1!1e3!4m5!3m4!1s0x650f18557b97e0fd:0xdafa9c8545b7d939!8m2!3d7.1164214!4d171.1857736

 

 

LOL

 

 

Zero_Ledge's picture

Uh oh.  Wish I had seen this sooner. I just used my new Trade12 account to buy huge amounts of SNAP on margin.

prime american's picture
prime american (not verified) Zero_Ledge Mar 4, 2017 5:16 AM

I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... http://bit.ly/2jdTzrM

AGuy's picture

Can we see pictures of your wife? Some how I doubt see is worth $1000 or "a night of a lifetime" /sarc

kamikun's picture

umm, 1000 Satoshis is 0.00001 BTC or about one cent. Do your due dilligence. Handle only the ho risk you can afford.

So It Goes's picture

I'm gonna dollar cost average into inverse ETFs - first X1.  PSQ, DOG, and RWM.  When we get a better timing signal then X2 and possibly X3 inverses.

edifice's picture

Not in the US. Capped at 50:1, for FOREX. Can't hedge. Can't trade commodities, either, thanks to CTFC.

Razor Burn'd Capitalist's picture

Hmmm, 

 

Trump & Tyson

 

 

vato poco's picture

South Sea Bubble top indicator: "...a company to be founded, and no one to know what it does."

Mike Tyson, the poster boy for bad financial decisions, repping an outfit that features 400x leverage. yeah, this'll end well

PresidentCamacho's picture

honest to god i would leverage 1000$ x 400, and if i win cashout instantly and retire.

buzzsaw99's picture

god dang it i got sucker punched. i wanted some of that sweet sweet 400X action and didn't realize i couldn't get it here in freedumb's land until i read the fine print.

Toonces McGraw's picture

I'd give my left ear for a piece of that action.

buzzsaw99's picture

i know right? i'm like never wrong (literally, never wrong). i could make a farking bloody fortune if i just had some 400X sweet juice.

NidStyles's picture

Of course we don't get it here. Can't get in action better than the "master's" of the farm. I mean, they get to manufacture wealth with insider trading and making backroom deals...

 

Any one of us could easily destroy their wealth with a few runs at 400X. This market only does one thing.

shizzledizzle's picture
400x leverage?! Who does he think he is? The Exchange stabilization fund?
Row Well Number 41's picture

This whole thing looks so shady, I wonder if Tyson even knows they are using his image.

Everybodys got a 400X leveraged plan until they get punched in the mouth.

e_goldstein's picture

Does it return a yield paid in chewed up ears?

AGuy's picture

"Does it return a yield paid in chewed up ears?"

No, you get five minutes in the Ring with Iron Mike!

fattail's picture

Mike is who they send to collect the margin call.

SharkBit's picture

These on-line trading platforms are a total scam.  Should be illegal.  CFD Trading = total paper trading where the platform just juices prices to force margin calls.  Buyer beware.

E.F. Mutton's picture

Well, to be fair, he is a notch or two above Pelosi and Schumer in the trust department.

Bam_Man's picture

The bell has been ringing for weeks.

I'm starting to suffer from hearing loss now.

DennisR's picture

Well, good for Tyson selling his name and likeness for a few quick bucks.

Hopefully the guy got a check which already cleared as opposed to 400x leveraged futures and/or Trade12.com stock options...

Bam_Man's picture

"Apes in Suits"

brushhog's picture

He has a better track record than Gartman.

taketheredpill's picture

 

 

It's ok. I've got a plan.

Robert Trip's picture

"They all have a plan until I punch them in the face."

Classic.

Okienomics's picture

"In a few years from now bitcoin and other digital currency are going to be a normal part of our monetary systems." -Mike Tyson

That pretty much clinches it, peak everything.

general ambivalent's picture

"I'll eat your asshole alive, you bitch." Who was he referring to?

https://www.youtube.com/watch?v=hx66LWV-CCk

hotrod's picture

Alex, Who is Evander Holifield for 50.

quadraspleen's picture

I've got 400 bridges to sell you

rogerthat's picture

You guys forgot about Mike Tyson Bitcoin CNXS http://miketysonbitcoin.com/

1980XLS's picture

Hello? Can you hear me now?

Stuck in the Middle with You.

Consuelo's picture

 

 

Still scary to this day, watching him fight in his prime...   

mtanimal's picture

He was a machine back then under Cus' mentoring. In the end he just couldn't be civilized.

U4 eee aaa's picture

let me guess. You can only invest with bitcoin?

Spungo's picture

This is too awesome. I love it.

Seahorse's picture

'Free signals' lol...

Sledge-hammer's picture
Sledge-hammer (not verified) Mar 3, 2017 8:28 PM

Is this the same Mike Tyson, the boxer, who made $400 million during his boxing career and then went bankrupt?  If so, count me in.

Miss Informed's picture

Could he do worse than Jon Corzine?