Bitcoin Forum

Hi everyone,

I'm looking for an alternative to 1broker since their domain was seized. Basically i'm looking for a forex broker that accepts bitcoin as deposit/withdrawal. Regulation does not matter to me since i will be playing with a very small amount. Ideally, the spread will be small.

Thank you.

https://10markets.com
http://caesar-trade.com/
https://evolve.markets/
https://www.avatrade.com
https://www.forexee.com
https://www.fortrade.com
https://www.instaforex.com/
https://www.fxopen.com
https://justforex.com
https://www.allfxbrokers.com
https://simplefx.com
https://superforex.com
https://tifia.com/
https://traders-trust.com
https://whaleclub.co/

Just choose up and be sure to find some feedbacks first since the only broker i have used or test out is simplefx.

Between all of these,  I really like Fx open because this broker offer low spread and we can create account by make deposit BTC,  LTC and USD and we can make internal transfer between each that account. And we can also claim rebate if register account via IB.

i've used simplefx---their UI is crappy but usable and the spreads aren't horrible. i would steer clear of them though considering they were the second most visible crypto broker that accepted USA residents and offer the same services as 1broker. i wouldn't be surprised if they get their domain seized just the same.

whaleclub are straight up scammers. they void out winning trades left and right for illegitimate reasons, withholding your rightful profits. there's some pretty damning threads about them in the service discussion / exchanges forum.

if you want to go the regulated route, i've heard decent things about avatrade. (no USA residents)

You are right and I'm still using simplefx as of last year even up to now and I do only complain with their UI but on overall it
can give out the service that you do expect. Spread is on of the important thing I do check out first before using a broker since each
of them do really have spreads. The lower the better than on big spreads which you cant really utilize profitability when you do scalp.

Choose broker that offer low spread for crypto pair, i been trading di demo account in some of that broker so i can can compare the broker that has low spread is FX open, and the high spread is simple fx. And important to understanding in each broker offer different level of leverage. Price of crypto so high fluctuacion so best leverage to use should be lower than 10x, for forex pair maximum is 500x leverage.

Simple FX  is one of the good broker which we can trade many pair of asset and we can make deposit not only by BTC but also others crypto like ETH, LTC, BCH and when we make deposit by crypto the balance will be credited by amount that crypto and not in USD. We can trade many pair of forex, crypto and stocks here.

I have used 1broker for one week and their domain got seized. For forex i use the "normal" exchanges now. Too bad i cant yrade in crypto, but they do offer the possibility to deposit btc.

I have seen good reviews about coinexx: https://coinexx.com/ but I don't have personal experience with live trading. I am doing demo trading currently with them, and if everything goes well I will try live trading. You can trade all the main forex pairs and crypto including BTC, ETH, LTC, ripple, and BCC. Minimum deposit is 0.001 BTC. You can choose between MT4 and MT5 platforms.

check out my topic: https://bitcointalk.org/index.php?topic=716530.0

There are so many nowadays that I decided to filter them a bit. Even if you don't care about regulation, I would recomend one of the first three brokers.
happy trading

hi same question would like knowing more on this broker some coms are bad on their fb.

Forex brokers which are regulated all require some form of KYC. Whether its a simple bank statement or something more of like a Passport photo, all of them will require something.

The issue with using a forex broker which didn't do KYC and accepts Crypto as deposits is as follows. Most people about 99% that make a deposit, usually end up losing that deposit due to poor trading. The problems will start if you are the 1% which actually makes money.

You try and make a withdraw and most likely it will get flagged. You will be demanded KYC and even if you provide it , since they aren't regulated you might not get paid anyways. These brokers are typically bucket shop brokers, they trade against you.

So if you want to trade forex just use a legit Forex broker and do it the proper way with KYC and make a deposit from your bank or Credit card.

It's something that a lot of shitcoin exchanges like Hitbtc have been doing as well, and that for quite a while now. As if that wasn't bad enough, they ask you for high res scans of for example a utility bill or passport, but then keep rejecting everything you submit over and over again until you are so tired of this bs, that you leave and swallow your loss.

I'm fairly sure that thousands of people in the last couple of years have abandoned their accounts with pretty decent money stuck in them. Hitbtc has probably made millions this way.

I am very sorry but you got to go with established names when it comes to Crypto Trading (https://cryptolinks.com/bitcoin-futures), it’s just not sensible to go for new arrivals. At least, I prefer going for ones that I know I can trust upon with keeping my funds. The worst thing you could do as trader is to having to worry about safety of your funds, it’s kind of stuff that is very bad and can cause gigantic trouble. So my only suggestion regardless of which broker you pick, it should be established not new.

im ok but it seems really difficult to find a broker with low spreads and good leverage for trade crypto, "simple fx" with out want make of pub are the only that i know but spread are really too expensive.

Spreads on most brokers aren't really that too big on a gap.They might differ but only on small number of pips but it doesn't matter as long the brokers are legitimate then we can assure some stuff.

Simplefx and Iqoption does accept bitcoin based on my experience.

reqagrding spreads people have to realize that they have to account that forex CFDs have no trading fees.
If you take a two round (one trade) fee on Bitfinex for example you get to 0.4% fees, that translates to over $39 "spread" at the moment. than you still would have to add the slippage

warning i don't recommend simplefx, had some issues with them, saying no dealing desk, but some slippage error are occurred, fly spreads and too expensiv for crypto,  bitmex are good for crypto but i prefer an account in fiat to isolat the strong volality of crypto market and profited of forex market, what mex dont provide.


yes trading isn't more profitable on the exchanges place, fees are too high, no rules, wash trading, you can only make big swing, for this reason i back to my first place the cfd broker but they are not really "crypto like" so i'm some disapointed because i tired to change the place each time to trade

plus on forex broker you have the convinience of using MT4/MT5

FUCK EXCHANGE they just want take your money, you desposit and you cant never witdraw without pass their fucking gestapo KYC, then you just exchange crypto to crypto.

@shap check out SimpleFX with BTC/BCH/ Dash / LTC/ ETH / ETC / Monero payments. We offer a free demo account, so you can test our services without risking your coins while learning how to use our trading apps.

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Forex is already dangerous, crypto is dangerous on top of that, doing forex trading with crypto would be double dangerous. You are getting square root of dangerous with one move. I would say if you are in crypto, stay in crypto, if you want to move to forex then move to forex but do not do both of them together somehow. You could really lose a lot and there is no reason for that.

I am sure there will be a market for frex with crypto eventually, instead of spending dollars or any other fiat you use, you will be capable of spending bitcoin on the moves you make, it will probably exactly be like any other forex website but instead of fiat there will be a market for crypto. Until that moment do not use fiat forex places that accepts crypto because it is neither nor situation there.

you could be mid-, or long-term invested in Bitcoin while daytrading Forex. why not use the Bitcoin which are "locked" anyways?