Trading with Bitcoin

[flix]

http://venetfx.com/  seems to be quite Bitcoin friendly as well.







http://venetfx.com/bitcoin/

VenetFX is the first Forex broker to offer full support for trading in Bitcoin on MetaTrader platform!

For trading Forex with Bitcoins, check our dedicated page on http://bit4x.com.

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[flix]

I've been testing Kraken.. quite a bit of fun. Will update with review.. funding/withdrawal speed, etc.




BTC withdrawal/funding was very fast (10 mins approx). Trading is focused on cryptocurrencies, so I would consider this an exchange rather than a proper brokerage platform for mainstream financial assets... Nevertheless I was very impressed by the platform. Hopefully in the future they can add more instruments, currencies, etc.. to really fullfil their "Forex meets Bitcoin exchange" tagline.

I also liked their user verification process.. more streamlined than the old Mt.Gox system, and allows some functionalities without having to upload a lot of documents (although it is required to be allowed to fund/withdraw via wire).

Bitcoin trading was very efficient, low spreads, nice liquidity.

Broker Score: 2

BTC deposit/withdraw score: 9

BTC trading score: 8

[flix]

It looks like ICBIT had a major website overhaul... nice to see that they are growing... as mature derivatives markets will be a major requisite in making Bitcoin stable.

https://icbit.se/

[romerun]

when interactivebroker add bitcoin, maybe as a passthru of bitstamp or so, I will declare we have finally landed on wallstreet. How difficult would that be / what are they waiting for ?

[flix]

Well.. BBG did add a news and price feed, that's pretty impressive:


BITCOIN NOW ON BLOOMBERG
http://www.bloomberg.com/now/2014-04-30/bitcoin-now-bloomberg/

That’s why we are pleased to announce today that Bloomberg is providing Bitcoin pricing to our 320,000+ global subscribers. By typing VCCY<GO> on the Bloomberg Professional service, business and financial professionals can now monitor and chart data from bitcoin exchanges Coinbase and Kraken, while tracking related virtual currency news and social media posts from more than 100,000 sources.

[greatway]

Is there like a forex version except you deposit in bitcoin

[flix]

Is there like a forex version except you deposit in bitcoin

yes.. that is what this whole thread is about.

[flix]

I'm starting to hit the limits of what you can do with 1broker.com, as evidenced by 2 messages I got today:


The first when I tried to short EURUSD with BTC3 and 200x leverage.

Maximum leverage on this trade is 500 BTC

The second when I tried to withdraw BTC3 and the profit from the trade that I was actually able to carry out.

Server wallet does not have enough funds!
For security reasons we only store a small amount of Bitcoins on the main server. Please try again later.
If you urgently need to withdraw please contact the support.

These limitations are obviously a big problem to any pro daytrader... as it means that you can only use this broker for small trades.

[flix]

I will be trying out http://bit4x.com/ to see if they can take more volume... although from their website I'm guessing that withdrawals/funding will not be as automatic and user-driven as with 1broker... we'll see... As usual, I'll share my experience with the community here and score the site for the 3 usual categories.

[burnettm]

I'm starting to hit the limits of what you can do with 1broker.com, as evidenced by 2 messages I got today:

It seems like a shady company, they dont list any contact information as to where their company is registered, and their domain is registered with a proxy. Also that their ToS basically lets them steal all your money at any time if your trading "reduces our other clients legitimate trading experience". And really, how hard is it for a exchange to be able to cover a 3 btc withdrawl?

[flix]

They seem pretty responsive to e-mail, etc.

Regarding this:

Server wallet does not have enough funds!
For security reasons we only store a small amount of Bitcoins on the main server. Please try again later.
If you urgently need to withdraw please contact the support.

I messaged support.. they replied telling me that new funds would be moved to the hot wallet within 1 hour... and I have already withdrawn my BTC.. so pretty good service.

[flix]

Interview with FXOpen: One of the First Foreign Exchange Trading Platforms to Embrace Bitcoin
https://blog.blockchain.com/2014/06/19/our-interview-with-fxopen-one-of-the-first-foreign-exchange-trading-platforms-to-embrace-bitcoin/


http://www.fxopen.com/


FXOpen now accepts payments in Bitcoin
http://www.fxopen.com/News.aspx?id=3db3223b-f1a9-4a39-8031-1d8aa40f0220

FXOpen is delighted to announce new payment options - you can now deposit funds into your account in Bitcoin, Litecoin and Namecoin.

Trading Accounts in Bitcoin, Litecoin and Gold.
http://www.fxopen.com/News.aspx?Id=b949212c-6b14-435b-baa6-529d8e09a122

FXOpen extends its multi-currency accounts offering by launching trading accounts denominated in Bitcoin (MBT), Litecoin (LTC) and Gold (GLD)

[capoeira]

Interview with FXOpen: One of the First Foreign Exchange Trading Platforms to Embrace Bitcoin
https://blog.blockchain.com/2014/06/19/our-interview-with-fxopen-one-of-the-first-foreign-exchange-trading-platforms-to-embrace-bitcoin/


http://www.fxopen.com/


FXOpen now accepts payments in Bitcoin
http://www.fxopen.com/News.aspx?id=3db3223b-f1a9-4a39-8031-1d8aa40f0220

FXOpen is delighted to announce new payment options - you can now deposit funds into your account in Bitcoin, Litecoin and Namecoin.

Trading Accounts in Bitcoin, Litecoin and Gold.
http://www.fxopen.com/News.aspx?Id=b949212c-6b14-435b-baa6-529d8e09a122

FXOpen extends its multi-currency accounts offering by launching trading accounts denominated in Bitcoin (MBT), Litecoin (LTC) and Gold (GLD)

I realy hope you can trade forex pairs on crypto based acounts on Fxopen soon.

btw, you can have e bonus, too: http://www.fxopen.com/News.aspx?Id=8d12a6d7-c216-431c-8a06-93aa689a1bc8&agent=836159


there are scam acusations for xCFD and Bit4x; and Bit4X represant on this forum doesn't seam to be a nice guy.

I'll try out xCFD for forex trading in Bitcoin; only secure option for this until now seams to be 1broker

[Seal]

Btc.sx is an FX style trading platform that we run. It runs from a broker model and executes orders out to market via BitStamp for settlement. It allows leveraged trading without the complexity of margin trading and the management of margin.

[capoeira]

this thread seams abandoned. have a look at mine: https://bitcointalk.org/index.php?topic=716530.0

[flix]

Thanks to capoeira for pointing out:

-sabrokers
http://sabrokers.com/deposits-and-withdrawals.aspx

-forex-metal
https://forex-metal.com/fund_transactions/new

-traders-trust
http://www.traders-trust.com/clients/funding/deposit-options

I'll open accounts on these 3 and test them for deposit/withdrawal speed over the next week.

[capoeira]

Thanks to capoeira for pointing out:

-sabrokers
http://sabrokers.com/deposits-and-withdrawals.aspx

-forex-metal
https://forex-metal.com/fund_transactions/new

-traders-trust
http://www.traders-trust.com/clients/funding/deposit-options

I'll open accounts on these 3 and test them for deposit/withdrawal speed over the next week.

sabrokers and traders-trust didn't even respond my email

[capoeira]

there is also https://novafxtrading.com/

[Wooden Plate]

I'm very much looking forward to being able to trade FX, equities and commodities with Bitcoin and especially to having brokerage accounts that allow me to deposit and cash out in BTC. There isn't much out there yet, although I have high hopes for TorBroker and others.

So I wanted to start this thread to discuss some of the already existing services and share my experiences as I try out some of the ones already out there, as well as any new ones that might launch soon.

I completely agree with you,bitcoin is getting more and more popular and trading platforms must now allow to deposit/withdraw with BTC

[grandFX]

thanks for ur information. I like it, very nice trading platform.