Bitcoin Forum
March 31, 2020, 02:24:08 AM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 [14] 15 16 17 18 19 20 21 22 23 24 25 26 27 »
  Print  
Author Topic: [ANN] SimpleFX.com - forex broker with BTC and LTC crosses and 1:500 leverage  (Read 61086 times)
danshan11
Member
**
Offline Offline

Activity: 110
Merit: 36


View Profile
December 28, 2016, 11:50:32 AM
 #261

the trade closed instantly it was 100% not on price change it was purely on spread.  I should have gotten an error and not been allowed to open that trade.  I am pro trader on LBC and I will take this to the forum there and anywhere else that will listen to me and BTW no one from simplefx has responded to my dispute as of yet been 2 days now. scam scam scam
http://imgur.com/a/UY6Oc  this simplefx person on the forum here is either not informed or is lying.  you can see clearly the price could not have changed to close a position in less than 1 second.  they stole the coins purely on the spread.
Best ratesfor crypto
EXCHANGE
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
SimpleFX
Full Member
***
Offline Offline

Activity: 347
Merit: 101

SimpleFX.com - trade Forex with Bitcoins!


View Profile WWW
December 28, 2016, 12:02:21 PM
 #262

@danshan11, take into consideration that the trade must be investigated thoroughly. Going though log files is time consuming, so please be a little bit more patient.

SimpleFX - Trade Forex with Bitcoin, Bitcoin Cash, Dash, Ethereum, Ethereum Classic, Litecoin, Monero & Tether
danshan11
Member
**
Offline Offline

Activity: 110
Merit: 36


View Profile
December 28, 2016, 10:39:54 PM
 #263

so since you have time to answer here please explain using that imgur I uploaded
SimpleFX
Full Member
***
Offline Offline

Activity: 347
Merit: 101

SimpleFX.com - trade Forex with Bitcoins!


View Profile WWW
December 28, 2016, 11:39:36 PM
 #264

so since you have time to answer here please explain using that imgur I uploaded

You opened 1.4 lot position. 400 points in price change was enough to stop out your position.

So you opened a position where 400 points in price change can kill your account, on the exotic market where spread reaches 1600 points during least liquid periods...

SimpleFX - Trade Forex with Bitcoin, Bitcoin Cash, Dash, Ethereum, Ethereum Classic, Litecoin, Monero & Tether
kuroneko2015
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
December 30, 2016, 01:34:59 PM
 #265

Hi
The FAQ says that the Stop Out level is 30% of Margin level

If I have 0.15 BTC in my account
Then I trade on BTC/USD (Symbol effective leverage = 1:10)
Required margin = 0.1 BTC
Trade value = 1.0 BTC
Then the free margin in my account = 0.05 BTC (and keep changing)

Does this means if I loss more then 0.05*70%=0.035 BTC
Then the order will Stop Out and force close?

Or means that if I loss more then 0.1*70%=0.07 BTC
Then the order will Stop Out and force close?

Thanks!
MaffeProg
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
January 01, 2017, 07:25:14 PM
 #266

so since you have time to answer here please explain using that imgur I uploaded

You opened 1.4 lot position. 400 points in price change was enough to stop out your position.

So you opened a position where 400 points in price change can kill your account, on the exotic market where spread reaches 1600 points during least liquid periods...

Haha this guy need to know more about CFD. How stupid can you be to trade with 1.4 lot. Thats only possible if you have over 100 btc or 100.000 dollar.
danshan11
Member
**
Offline Offline

Activity: 110
Merit: 36


View Profile
January 02, 2017, 04:57:29 AM
 #267

been a week now and still no reply for my complaint.  yes you are 100% right that the spread caused my btc to be taken.  Thanks for the trade and you are 100% a scam, maybe not entirely but you are abusing and I am sure using that spread to clean peoples accounts out.
SimpleFX
Full Member
***
Offline Offline

Activity: 347
Merit: 101

SimpleFX.com - trade Forex with Bitcoins!


View Profile WWW
January 02, 2017, 06:10:03 AM
Last edit: January 02, 2017, 06:42:30 AM by SimpleFX
 #268

Hi
The FAQ says that the Stop Out level is 30% of Margin level

If I have 0.15 BTC in my account
Then I trade on BTC/USD (Symbol effective leverage = 1:10)
Required margin = 0.1 BTC
Trade value = 1.0 BTC
Then the free margin in my account = 0.05 BTC (and keep changing)

Does this means if I loss more then 0.05*70%=0.035 BTC
Then the order will Stop Out and force close?

Or means that if I loss more then 0.1*70%=0.07 BTC
Then the order will Stop Out and force close?

Thanks!

Hello, Stop out happen when your account equity drops below 30% of required margin. So if you have 0.15 BTC in your account and open position for which required margin is 0.1 BTC, your account equity needs to drop below 0.03 BTC (which is 30% of 0.1 BTC), so your loss will be about 0.12 BTC.

SimpleFX - Trade Forex with Bitcoin, Bitcoin Cash, Dash, Ethereum, Ethereum Classic, Litecoin, Monero & Tether
SimpleFX
Full Member
***
Offline Offline

Activity: 347
Merit: 101

SimpleFX.com - trade Forex with Bitcoins!


View Profile WWW
January 02, 2017, 06:22:37 AM
 #269

been a week now and still no reply for my complaint.  yes you are 100% right that the spread caused my btc to be taken.  Thanks for the trade and you are 100% a scam, maybe not entirely but you are abusing and I am sure using that spread to clean peoples accounts out.

According to Our Terms of Business (https://simplefx.com/resources/SimpleFX_TermsOfBusiness(CFD).pdf) we have 30 days to answer to your complaint.

SimpleFX - Trade Forex with Bitcoin, Bitcoin Cash, Dash, Ethereum, Ethereum Classic, Litecoin, Monero & Tether
danshan11
Member
**
Offline Offline

Activity: 110
Merit: 36


View Profile
January 04, 2017, 09:58:23 PM
 #270

why cant I withdraw I put a withdraw request in a week ago and still waiting for verification?Huh?? I put the request in dec 30th?Huh? and it is still awaiting?Huh?
danshan11
Member
**
Offline Offline

Activity: 110
Merit: 36


View Profile
January 04, 2017, 10:19:11 PM
 #271

my withdrawal address is now working thanks~ I will post if I have any problems withdrawing
danshan11
Member
**
Offline Offline

Activity: 110
Merit: 36


View Profile
January 04, 2017, 11:04:18 PM
 #272

no problem on my withdraw
SimpleFX
Full Member
***
Offline Offline

Activity: 347
Merit: 101

SimpleFX.com - trade Forex with Bitcoins!


View Profile WWW
January 05, 2017, 07:12:01 AM
 #273

no problem on my withdraw

We are glad to hear this, thank you for your feedback.

SimpleFX - Trade Forex with Bitcoin, Bitcoin Cash, Dash, Ethereum, Ethereum Classic, Litecoin, Monero & Tether
freemanjackal
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250

FINANCIAL FREEDOM, PROFESSIONAL STRATEGY


View Profile
January 05, 2017, 07:16:37 AM
 #274

is it a licensed broker? or just another one trying to get some money? 
SimpleFX
Full Member
***
Offline Offline

Activity: 347
Merit: 101

SimpleFX.com - trade Forex with Bitcoins!


View Profile WWW
January 05, 2017, 07:58:50 AM
 #275

is it a licensed broker? or just another one trying to get some money? 

SimpleFX Ltd. is incorporated at Saint Vincent and the Grenadines under registered number 22361 IBC by the Registrar of International Business Companies and its operations are subject of the Saint Vincent law.

We are operating since 8th October 2014. Currently we are making all efforts to acquire FCA License but due to the fact that we offer Bitcoin & Litecoin accounts, the whole process is stretching over a long period of time as these institutions do not comprehend the whole of the process of Bitcoin transaction.

SimpleFX - Trade Forex with Bitcoin, Bitcoin Cash, Dash, Ethereum, Ethereum Classic, Litecoin, Monero & Tether
danshan11
Member
**
Offline Offline

Activity: 110
Merit: 36


View Profile
January 13, 2017, 02:11:28 AM
 #276

whats up with your site ?  the server goes down every 30 minutes
SimpleFX
Full Member
***
Offline Offline

Activity: 347
Merit: 101

SimpleFX.com - trade Forex with Bitcoins!


View Profile WWW
January 13, 2017, 12:46:58 PM
 #277

whats up with your site ?  the server goes down every 30 minutes

Hello, could you give us some more details? We did not notice any issues. Also for quick response please use our LiveSupport: https://simplefx.com/support/

SimpleFX - Trade Forex with Bitcoin, Bitcoin Cash, Dash, Ethereum, Ethereum Classic, Litecoin, Monero & Tether
svesp15
Newbie
*
Offline Offline

Activity: 19
Merit: 0


View Profile
January 17, 2017, 02:14:00 AM
 #278

SimpleFX
Just wanted to send a word of thanks regarding your BTC/USD cfd.  I noticed you offer a positive swap for short positions.  Haven't seen this at other brokers -- a welcome surprise!   Aside from the bonus for short sellers, it is particularly helpful for bitcoin denominated accounts.  Sometimes I really want a break from the bitcoin volatility to focus on currency, stock index, etc positions.  Your BTC cfd allows me to put a hedge on my account without penalty.  Was able to use this feature to lock in account value around $1000 BTC/USD price, rather than withdraw the funds. 

I hope you will continue to offer this positive swap in the future.  If not, a zero swap BTC short would also work.  Again, thank you!
vk279
Full Member
***
Offline Offline

Activity: 179
Merit: 100


ImmVRse | Disrupting the VR industry


View Profile
January 18, 2017, 08:01:55 PM
 #279

Hello Simplefx,
I am wondering if you offer any PAMM accounts?
If not what are the alternatives?

Thanks

▬▬▬▬▬▬ ●   IMMVRSE    Disrupting the VR Industry    Whitepaper   ● ▬▬▬▬▬▬
❱  Facebook  ❱  Twitter  ❱  Medium  ❱  Instagram  ❱  Telegram  ❱  Bitcointalk
▬▬▬▬▬▬▬▬ ●  ❱  Proud Sponsor of Blockchain 360 at London Tech Week  ❱  ● ▬▬▬▬▬▬▬▬
ruselbd
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250



View Profile
January 18, 2017, 08:10:25 PM
 #280

I WANT TO TEST THIS PLATFROM DO YOU HAVE DEMO ACCOUNT?
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 [14] 15 16 17 18 19 20 21 22 23 24 25 26 27 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!