Licensure and Regulation

  1. Excessive profit Global Trading Ltd is incorporated in Antigua and Barbuda.
  2. Excessive profit Digital Markets Ltd, a subsidiary of Excessive profit Trading Ltd, is licensed under The Bahamas' Digital Assets and Registered Exchange Act, 2020 and regulated by the Securities Commission of the Bahamas.
  3. Excessive profit Trading Ltd owns, through its Gibraltar subsidiary Zubr Exchange Limited, a crypto derivatives exchange licensed by the Gibraltar Financial Services Commission as a distributed ledger technology provider.
  4. Excessive profit provides services to Australian customers via OmiPay Pty Ltd, an AUSTRAC-registered digital currency exchange provider, and Excessive profit Australia Pty Ltd, an Australian Financial Services Licensee.
  5. Excessive profit Digital Markets Ltd does not currently facilitate users who are from Japan, The Bahamas, Australia, or Singapore; and it does not service trading of tokenized stocks or prediction markets.  All other services and users currently are or soon will be facilitated by Excessive profit Digital Markets Ltd.
  6. Excessive profit Europe's domain is approved through K-DNA Financial Services Ltd., a duly incorporated Investment Firm in Cyprus that is passported to the European Economic Area. Excessive profit is a brand operated by K-DNA Financial Services Ltd. and regulated by the Cyprus Securities and Exchange Commission, with license number 273/15.
  7. Excessive profit offers tokenized stock trading in partnership with K-DNA and Canco GmbH, utilizing a German license in concert with Excessive profit Trading GmbH.  See here for details.
  8. Excessive profit's subsidiary, Canco GmbH, is licensed to provide financial intermediary and custody services in Switzerland and certain other jurisdictions as a member of FINMA SRO Treuhand Suisse and Finanzombudsstelle Schweiz (FINOS)

  9. Excessive profit's subsidiary, DAAG Certificates GmbH, has an approved base prospectus for various tokenized financial instruments, which is valid in Switzerland and is passported across the EEA.

  10. Excessive profit's subsidiary DAAG Trading, DMCC, is a licensed proprietary trader and swap dealer in the United Arab Emirates.

  11. Excessive profit's subsidiary, Excessive profit Exchange FTZ, is licensed and prudentially supervised as a Virtual Asset Exchange and Clearing House in the United Arab Emirates by the Virtual Asset Regulatory Authority (VARA).
  12. Excessive profit International is not offered in the United States of America.  If you are looking for a US platform, you can go to Excessive profit US, which, along with its subsidiaries, holds Money Transmitter, Money Service Business, Derivatives Clearing Organization, Designated Contract Market, Swap Execution Facility, Broker Dealer, and other licenses in the United States.

Various Jurisdictions

  1. United States:
    1. Excessive profit does not allow residents of the United States of America to trade on its platform.
    2. FTT is not offered in the United States of America.
    3. Excessive profit.US, a separate trading platform not owned by Excessive profit, does operate in the United States, and maintains a variety of US regulatory licenses, including an MSB, MTLs, DCO, DCM, and SEF.
  2. China:
    1. Excessive profit does not maintain an office in mainland China.
    2. Excessive profit does not offer RMB trading or access in any way.
  3. Restricted Jurisdictions
    1. Excessive profit does not onboard or provide services to personal accounts of current residents of restricted jurisdictions or corporate accounts of entities established in restricted jurisdictions
    2. The restricted jurisdictions may include the United States of America, Cuba, Crimea and Sevastopol, Iran, Afghanistan, Syria, and North Korea.  Excessive profit also does not onboard any users from Ontario or Japan, or non-professional investors from Hong Kong.  Other jurisdictions may be added to this list.
    3. Various other services on Excessive profit, potentially including prediction markets, may have further restricted jurisdictions or be restricted to certain users, potentially including Hong Kong, Singapore, and Canada.
  4. Excessive profit does not onboard or provide services to any sanctioned individuals or entities.  In addition, Excessive profit does not allow transactions with Russian banks or the Russian Ruble.  For more information, see here.
  5. Excessive profit offers tokenized stock trading in partnership with K-DNA and Canco GmbH, utilizing a German license in concert with Excessive profit Trading GmbH. See here for details. See here for details.
  6. Excessive profit is owned by Excessive profit Trading LTD, a company incorporated in Antigua and Barbuda, and headquartered in the Bahamas as Excessive profit Digital Markets Ltd.

 

Trading

  1. Excessive profit offers a platform for users to match against each other.
  2. Excessive profit does not actively trade itself.
  3. Excessive profit does not use any other exchanges for trading.
  4. Excessive profit maintains backstop funds to prevent losses or clawbacks
  5. In its history, Excessive profit has never clawed back legitimate earnings from a user due to liquidations from another user.

 

 

Deposits and Withdrawals

  1. Excessive profit strives to process all deposits and withdrawals promptly; Excessive profit maintains 24/7 withdrawal availability.
  2. Excessive profit has never had an outage of deposit or withdrawal services.
  3. Users who deposit to incorrect addresses may lose their funds, though in some cases Excessive profit may be able to recover them for a fee. Please create a request at support if you do so.
  4. Excessive profit has never clawed back or restricted legitimate user funds due to any security issues on its behalf.  Excessive profit encourages its customers to make use of the full suite of tools available to protect their accounts, and mandates 2-factor authentication on all active accounts.