[ANN] 1Broker.io - Trade forex, indices, stocks and commodities

[vual]

Thanks for the reply i have to agree no other brooker offers bitcoin only, the only concern i have is you said your a market maker yet the orders are normaly processed within 5seconds i hope there isnt much room for the clearning desk to screw with orders and insure "valued clients" get there orders in first or anything like that, can you explain how your system works i assume its automated but can we be assured there is no favortism ?? Is there much slipage expected or experianced? I must agree about mt4 support it would be something to look in to.

[ONLYfree]

Im gonna try this with 0.10 deposit.

I just really dont like a fact that you are market maker whats mean that you uninterested that traders make any profit, because if we making profit you making loss. Your business model not earn profit from trading commissions. So market maker broker is only one interest that collect deposits from traders and burn it fast.

Im not saying anything bad about this service, just saying how market makers work.

So question is : if big successful trader came to your service and start making profit every day from your pocket.What you gonna do then? Start do intervention on trading or just lock that account? ( like a lot of market makers do )

Just question. Anyway I like idea 100% powered in bitcoins.

[DirkBlik]

https://1broker.com/?c=about_fees

Dividends
Starting on January 26th 2015, dividends are payed out for long positions and charged for short positions on our stock markets. More info about exact dates, and payment procedures will be published here soon.

:headscratch:

People will be forced to financially trade in one direction?

[exxe]

@vual No clients are favorized on our platform. Once an order is placed it is usually automatically filled by our system. Small slippage can occur, but you can counter this with limit orders.

I just really dont like a fact that you are market maker whats mean that you uninterested that traders make any profit, because if we making profit you making loss. Your business model not earn profit from trading commissions. So market maker broker is only one interest that collect deposits from traders and burn it fast.

Im not saying anything bad about this service, just saying how market makers work.

So question is : if big successful trader came to your service and start making profit every day from your pocket.What you gonna do then? Start do intervention on trading or just lock that account? ( like a lot of market makers do )

Just question. Anyway I like idea 100% powered in bitcoins.

You are assuming that we cannot hedge any positions. It is possible for us to automatically place the same order in the underlying market and have roughly (depending on slippage, spreads, commissions and Bitcoin exchange rates) the same return as the trader on our platform.

However, we have never locked an account from our service for this reason.

People will be forced to financially trade in one direction?

Do you mean people will only go long? If so, you have to remember that on ex-dividend date the stock goes, on average, down by the dividend amount. See: http://en.wikipedia.org/wiki/Ex-dividend_date

best regards.

[ONLYfree]

You have to make small updates in order modify sheet. When you click and open order sheet, your profit/loss are not changing even market is moving. So if marked was mowed, you have to close order sheet to see current profit/loss. Its horrible.

[exxe]

You have to make small updates in order modify sheet. When you click and open order sheet, your profit/loss are not changing even market is moving. So if marked was mowed, you have to close order sheet to see current profit/loss. Its horrible.

This feature is now implemented. Hope you like it.

best regards!

[DirkBlik]

Say for example USD/CAD is at 1.19 and you wish to open an order when it drops too 1.18 do you use Limit or Stop Entry?

 

[exxe]

Say for example USD/CAD is at 1.19 and you wish to open an order when it drops too 1.18 do you use Limit or Stop Entry?

 

If you want to open a long position at 1.18 use a limit order with the parameter 1.18001.
If you want to open a short position at 1.18 use a Stop-Entry order with the parameter 1.18001.

[DirkBlik]

I get it , Thanks

Did you take a big hit with that Swiss drop?

[exxe]

Did you take a big hit with that Swiss drop?

Yes, we suffered from this extreme volatility, too. However, since we have only a few traders on USD/CHF the damage was negligible.

Interesting to see big players like Alpari UK to get knocked out of business, because of this.

[Pizpie]

Hey, just wanted to say this is a great site! Thanks for setting this up. Any chance of future markets being added?

[bobcaticus]

great site, just signed up!

PROTIP: have a popup or something that tells users that FOREX closes for the weekend.
 It took me about 30 minutes to figure out why the trades weren't working and now I have one stuck in limbo.

[coin8091]

@1broker
do you have APIs to automate the process of order submission from client side?
A simple https requests should be good enough.

[exxe]

@Pizipie: A very good chance
@bobcaticus: Thanks! Glad you like it. Yep, we are working on a trading-hour info system.
@coin8091: We will release a quite simple API soon (focusing on market data). Once we have some experience here, we will implement a complete trading API. (most likely using HTTPS/JSON)

best regards.

[Rage19420]

Have you ever considered adding more forex pairs? USDAUD, etc

OIL futures would great as well!

[yomofo]

i just registered with your site and have not made any trades yet.

do you offer stop loss features on positions?  (i dont see it)

how do you hedge the volatility of the value of bitcoin deposits? 

example: i deposit 1 bitcoin at a current value of $200.  how do i maintain $200 worth of purchasing power in my account? 

if bitcoin value drops to $100/btc while i am in a position at 1broker that would significantly affect my margin call ratios, would it not?

[Rage19420]

i just registered with your site and have not made any trades yet.

do you offer stop loss features on positions?  (i dont see it)

how do you hedge the volatility of the value of bitcoin deposits? 

example: i deposit 1 bitcoin at a current value of $200.  how do i maintain $200 worth of purchasing power in my account? 

if bitcoin value drops to $100/btc while i am in a position at 1broker that would significantly affect my margin call ratios, would it not?

Once the order is placed then there are stop loss and take profit options.



I believe that the margin wont adjust once in open position. That only happens when paired with BTC itself rather then the pip spread with forex.

[cevarius]

Are trailing stops going to be an option at some point?

[DirkBlik]

Just watched a couple of youtube videos that explained trailing stops and it sounds like a must have option. 

[Rage19420]

Just watched a couple of youtube videos that explained trailing stops and it sounds like a must have option. 

Yeah that would be a great tool. I do it manually as price improves in my favor.