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Author Topic: SimpleFx -Forex exchange full review  (Read 1062 times)
digitokash (OP)
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February 01, 2017, 04:56:18 PM
 #1

Hey if anyone is interested... I been using simplefx Demo mode (its free)
I've been trying to get into trading for a while with very poor sucess.
Its not easy putting your hard earned work into something new

Luckily for me I can practice before jumping in head first.

Here is full review of simplefx
Bitcoin_Speculator
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February 01, 2017, 05:59:41 PM
 #2

SimpleFX swap fees are a scam, bro. They charge you hidden/varying swap fees on a daily basis. Up to 0.5BTC per day on a 10BTC position.

Use whaleclub.co instead it's better by leaps and bounds.
cointabo
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February 07, 2017, 10:22:05 PM
 #3

SimpleFX swap fees are a scam, bro. They charge you hidden/varying swap fees on a daily basis. Up to 0.5BTC per day on a 10BTC position.

Use whaleclub.co instead it's better by leaps and bounds.

I haven't used SimpleFX but I wouldn't recommend WhaleClub.co at all! Had terrible trading experience with them, its like doing binary options.
TheWallStreetCrew
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May 26, 2017, 02:08:45 AM
 #4


Whaleclub charges 12% interest A DAY on BTCUSD margin trading plus a large spread. I would never trade that pair there. I do trade gold there because the fees are reasonable on it.





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stomachgrowls
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May 26, 2017, 03:21:02 AM
 #5

Hey if anyone is interested... I been using simplefx Demo mode (its free)
I've been trying to get into trading for a while with very poor sucess.
Its not easy putting your hard earned work into something new

Luckily for me I can practice before jumping in head first.

Here is full review of simplefx
Ive been using simplefx on the past on trading forex pairs because i can able to deposit funds by the use of bitcoin which is really a plus thing for me and not to be over confident im good on doing forex trading and i think they are just fine when it terms to spreads.Just enough for me but now im stopping on using it because i do transfer in other broker which do have a mt4 platform.

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senyorito123
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May 26, 2017, 05:55:45 AM
 #6

Hey if anyone is interested... I been using simplefx Demo mode (its free)
I've been trying to get into trading for a while with very poor sucess.
Its not easy putting your hard earned work into something new

Luckily for me I can practice before jumping in head first.

Here is full review of simplefx

You should try to find those site that can give some infos about on whats happening on currencies,commodities and other more.

maybe this newbie guide can help you https://admiralmarkets.com/education/articles/forex-strategy/simple-forex-trading-strategies-for-beginners and their are youtube videos about tradings on simplefx so that you can bare more knowledge and not to lose some money on wrong decision there.


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zckeles
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November 13, 2017, 08:18:59 PM
 #7

Simplefx is scam. i withdraw 0.45 btc yesterday. Simplefx canceled.(we have discovered a malfunction of our Liquidity Provider’s bridge function. In result of the malfunction, our BitcoinCash Liquidity Provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we are forced to cancel all BCH trades placed after the above-mentioned time.)
SimpleFX
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November 17, 2017, 02:00:41 PM
 #8

We have discovered a malfunction of our Liquidity Provider’s bridge function. In result of the malfunction, our Bitcoin Cash Liquidity Provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we were forced to cancel all BCH trades placed after the above-mentioned time.

Trading on BCH currency pairs will remain halted until the issue with current Liquidity Provider is fixed, or until we come to an arrangement with a new Liquidity Provider.

SimpleFX - Trade Crypto, Stocks, Commodities with up to 1000x.
blog.simplefx.com - Your daily source of crypto & financial market news
|78% of retail CFD accounts lose money
zckeles
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November 18, 2017, 12:20:40 PM
 #9

We have discovered a malfunction of our Liquidity Provider’s bridge function. In result of the malfunction, our Bitcoin Cash Liquidity Provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we were forced to cancel all BCH trades placed after the above-mentioned time.

Trading on BCH currency pairs will remain halted until the issue with current Liquidity Provider is fixed, or until we come to an arrangement with a new Liquidity Provider.


i think simplefx is scam! This problem was not technical! they took almost .5 btc!
faithupgrade
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November 19, 2017, 11:10:20 PM
 #10

Yup whaleclub is simply the best,  the only downside is the lack of forexpairs.

SimpleFX swap fees are a scam, bro. They charge you hidden/varying swap fees on a daily basis. Up to 0.5BTC per day on a 10BTC position.

Use whaleclub.co instead it's better by leaps and bounds.

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zckeles
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November 19, 2017, 11:15:17 PM
 #11

Simplefx is scam.
capoeira
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November 20, 2017, 03:20:26 AM
 #12

Yup whaleclub is simply the best,  the only downside is the lack of forexpairs.

SimpleFX swap fees are a scam, bro. They charge you hidden/varying swap fees on a daily basis. Up to 0.5BTC per day on a 10BTC position.

Use whaleclub.co instead it's better by leaps and bounds.

did they tighten the spreads?

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