Anyone using SimpleFX with relatively large amount for a long time? I've tested them for 1 month with a medium amount and haven't detected any bad thing happening so far. Some people seem really angry at them on ForexPeaceArmy though. There was also that BCH huge dump fiasco apparently. I'm currently hesitating between Evolve Markets and SimpleFX.
wow. I just checked their FPA page. this is new to me. On the other hand there doesn't seam to be a scam accustation (where you have to provide proof)? I really like their platform and the fact that you can do everything in BTC without any KYC hassle is really nice. People were super angry at them because they reverted some BCH shorts due to allegedly "problems with their liquidity providers". I've also seen complaints about the affiliate system, as someone referred someone else but from the same family, resulting in them using the same IP. SimpleFX didn't like it apparently. The good side is that they've been around since 2014, they've won several prizes. They even pay you positive swaps sometimes. The questionable side is: unregulated because crypto (not even by a small country or small independent organization), you can't find the CEO's name (contrary to say... Bitmex) and if you're caught in the limbo of their dispute system you basically have no further recourse. Some people also say that their FB page looks like it's populated by bot "likes" instead of real people. You can check their Twitter page for example and you'll see much fewer followers . So many mixed feelings Evolve seems like they're the same kind of company (same country, no CEO name etc.) but have fewer people attacking them online, that's about it. EDIT: at least one of the victims clearly said they were reimbursed of their full amount before taking BCH shorts, so they've lost nor earned anything but saying that it was a scam is overblown IMO. https://www.reddit.com/r/BitcoinMarkets/comments/7grchq/simplefx_stealing_over_200k_from_me/ good post, about the reverted trade: this is something that can happen. this is probably covered in all agreements that you click ok on forex brokers. we must understand that they have to hedge (some) positions, so if something goes wrong with the hedge...... We can't expect them to take huge losses for us to make gains. Could they be lying about the problem of the provider? sure. but I can't think of a situation where they would benefit from that; on contrary, it was bad for their bussiness. about not registrated company: well, personaly I have a problem with that, but it's whay makes anonymos trading possible. I think there is a risk in the begining that they run with you money. in their case they make so much money it would make no sense. What if tey get hacked an lose our money? yea, then we are f_cked. but it is a risk that is standard in crypto comunity. somebody who doesn't want to take these risks can opt for one of the first 3 brokers on this list. about "fewer people attacking them online": the less clients you have, the less problems with people atacking online lol
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Trading forex is bitcoin is not very difficult on forex exchanges. Everybody can deposit btc in their account and choose the currency pairs then put the money. In india we use octafx forex trading platform where btc deposit is open.we can easily trade with btc here but one rule is necessary to know that according to money laundering regulations When you deposit bitcoin in account, you have to withdraw in bitcoin as well. Can not withdraw in another currency. When you deposit/withdrawal bitcoin they will convert your money in usd at current market rate. So trading is going Very comfortably. There are not any complaints
sure. If you deposit in BTC, you have to withdraw in BTC. At FxOpen you can actualy "buy/sell" Bitcoins. but the spreads are huge
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Anyone using SimpleFX with relatively large amount for a long time? I've tested them for 1 month with a medium amount and haven't detected any bad thing happening so far. Some people seem really angry at them on ForexPeaceArmy though. There was also that BCH huge dump fiasco apparently. I'm currently hesitating between Evolve Markets and SimpleFX.
wow. I just checked their FPA page. this is new to me. On the other hand there doesn't seam to be a scam accustation (where you have to provide proof)?
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Check our partner - trading platform https://primexbt.comPrimeXBT is a Bitcoin-based margin trading platform which offers access to over 50+ assets including Crypto (Bitcoin, Ethereum, Litecoin, Ripple, EOS), Forex, Commodities (Metals, Oil, Gas), and Indices from a single account (Funded with BTC) The thread you may find here in BTT with PrimeXBT scam accusation - looks like a fabricated chain of posts to damage corporate reputation. Or possibly it was one of their affiliates. In any case - the company has nothing to do with the issue as PrimeXBT doesn't have presence in this forum. If you do a little research about them - you will find out that there is no single doubt that this company runs legitimate operations. It won multiple awards, partnered with such companies as Devexperts, Bitfury etc etc We are Covesting - a DLT licensed company, and we are in the process of Covesting (copy-trading) module integration with them. Good luck! there are two ways to enter this list: good rating at https://www.forexpeacearmy.com/forex-reviews/16409/primexbt-forex-brokersor trust by Bitcoin community
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What is best forex firm to short tesla with bitcoin acc now?
in what sense? total. reputation. no problems with withdrawls is main for me. forex sector have gray reputation, cuz of a lot of scam first 3 in the list are regulated and widely known in the forex market. you might want to read about them at forexpeacearmy
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What is best forex firm to short tesla with bitcoin acc now?
in what sense?
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I don't remember why, but Fresh has been taken out of the list long time ago
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nice, but without margin you can't realy trade forex; so I would say that it is not intresting for the topic, at least atm.
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I am running arb/hft programs, has anyone tried this with any of these brokers with success? i checked some on the list and they have arb clauses in their terms which means, those ones are the bucket shops with no real market and likely to add fake delays to execution to prevent profits. Has anyone had any success getting profits paid with short term gains from any of these brokers? ideally looking for one that has btc or eth deposit
I general you have to look for ECN or STP accounts for this kind of trading.
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yea. FxChoice is the better option
Turnkey forex is another good option since they give the lowest commission and spread combined. thanks. added to the list
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SimpleFx has new account bases: Indian Rupee (INR) Indonesian Rupiah (IDR) Singapore Dollar (SGD) Malaysian Ringgit (MYR) South African Rand (ZAR)
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Just an fyi ...seems firstglobalcredit.com is no longer an option either. Domain says Seized by us doj
thanks...removed marry Christmas
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1fox.com (former 1broker.com) is shutting down > removed from the list
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Anybody actually have any review of extrading?
If it is the owner opening a new site, I'm in. Worked like a charm, and made a decent little pile of money on 1broker. The problem is just trusting a new site with my funds.
Any DT people here care to post on their dealings with these new guys?
I doubt it is related. First thing you could do is checking if their claim they are "a registered company in London, United Kingdom", is true
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Cudos to 1broker for letting me withdraw! I would trust them again. I think 1broker is back. https://extrading.io is a new social trade with the same features, also 5% better opportunity for trade owner. what do you think for extrading.io? What makes you think this is related to 1broker? It's his, obviously Why is it obvious it's him and not a copycat? never ever posted again
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Cudos to 1broker for letting me withdraw! I would trust them again. I think 1broker is back. https://extrading.io is a new social trade with the same features, also 5% better opportunity for trade owner. what do you think for extrading.io? What makes you think this is related to 1broker? It's his, obviously
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never heard of pocket wifis before, and googleing it I don't see the diference to a 3G/4G modem. Is there any? At least a 3G/4G modem can connect to a PC. Why would something work on a laptop and not on a PC anyways? Android laptop?
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I've tried Fxopen but i don'tlike teir excessive fees. But in general this broker is not bad. It still remains profitable.
yea. FxChoice is the better option ' So far tradersway suit out my taste.Just wondering on how long XM.com will consider on adding up btc deposit and withdrawal. I think the Forex-Bitcoin wave is over. Brokers which didn't take the train until now, probably wont take it in the future
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I've tried Fxopen but i don'tlike teir excessive fees. But in general this broker is not bad. It still remains profitable.
yea. FxChoice is the better option
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