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Author Topic: Broker/Platform HELP  (Read 118 times)
relaxtrading (OP)
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November 28, 2020, 08:09:18 AM
 #1

Hello everyone
I am looking for a broker that provides BTC trading with the lowest spread and the possibility to place basic entry orders combination like you can do on MT4. For instance place a BUY limit order with SL and TP at the same time.
Right now I am using DERIBIT but the platform is too basic, I have to be alert at all time and it's a complete pain.

Any suggestions ?

Thanks!
Coin_trader
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November 28, 2020, 01:10:39 PM
 #2

Hello everyone
I am looking for a broker that provides BTC trading with the lowest spread and the possibility to place basic entry orders combination like you can do on MT4. For instance place a BUY limit order with SL and TP at the same time.
Right now I am using DERIBIT but the platform is too basic, I have to be alert at all time and it's a complete pain.

Any suggestions ?

Thanks!
Deribit is not a broker but an exchange, I'm not sure if there is a broker in crypto space but since you mention an exchange already. Try advance mode of Binance. I'm sure Binance is the most low spread in there orderbook since they are  the biggest volume provider among all exchange. I'm not sure if there is SL and TP before you order but you can set it after you order. I only see this kind of feature on Perpetual Exchange like Bybit which you can set SL and TP at the same time before you order.

Oh I miss trading in MT4.

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Tytanowy Janusz
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November 28, 2020, 05:54:44 PM
 #3

I'm not sure if there is SL and TP before you order but you can set it after you order.

Yes it's available on binance. Its called OCO order - order cancel order. Binance is the best place to trade crypto starting from 2017 until now is binance and with every next week they widen the gap that separates them from other exchanges. Strong leader.
relaxtrading (OP)
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November 28, 2020, 05:59:06 PM
 #4

Thanks for your reply
I can see that binance has better orders possibilities but not as good a mt4. anyways,
Binance offer spot and futures, in your opinion which one is more better to trade, regarding liquidity?
Thanks
Tytanowy Janusz
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November 28, 2020, 06:02:13 PM
 #5

Thanks for your reply
I can see that binance has better orders possibilities but not as good a mt4. anyways,
Binance offer spot and futures, in your opinion which one is more better to trade, regarding liquidity?
Thanks

Binance futures has the best liquidity. On binance futures you can go like 100-200 BTC market buy in single order with 0.1% slippage. On binance spot its like 10-50 BTC. For small orders (<0.1 BTC) spread is most often 1 cent (BTC/USDT) so 5.5 *10^(-5) % XD
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November 28, 2020, 06:11:06 PM
 #6

There are a couple of brokers out there that offer support for the metatrader platform. Moreover they allow you to trade using btc and other cryptos. I think that's what you're looking for. The platforms are evolve markets and simplefx, but there might be others as well.

Good luck, man
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November 28, 2020, 09:48:18 PM
 #7

Thanks for your reply
I can see that binance has better orders possibilities but not as good a mt4. anyways,
Binance offer spot and futures, in your opinion which one is more better to trade, regarding liquidity?
Thanks

Binance futures has the best liquidity. On binance futures you can go like 100-200 BTC market buy in single order with 0.1% slippage. On binance spot its like 10-50 BTC. For small orders (<0.1 BTC) spread is most often 1 cent (BTC/USDT) so 5.5 *10^(-5) % XD

Guys the OP was looking for broker thats stocks, ETFs etc trading site that also offers crypto trading not Binance which offer service for cryptocurrency trading only.
With that been said, the only broker i can recommend is etoro and there are still many others like AvaTrade etc but base on reputation etoro is good.

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HedgeFx
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November 28, 2020, 11:01:06 PM
 #8


Evolve Markets. I use them since 2017 and never had any issues. Il work on MetaTrader 5, that’s better that MT4  Cool
And if you do kyc, zero fee until the end of 2020.

I would appreciate if you will use my ref code under my signature Wink


Hello everyone
I am looking for a broker that provides BTC trading with the lowest spread and the possibility to place basic entry orders combination like you can do on MT4. For instance place a BUY limit order with SL and TP at the same time.
Right now I am using DERIBIT but the platform is too basic, I have to be alert at all time and it's a complete pain.

Any suggestions ?

Thanks!
relaxtrading (OP)
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November 30, 2020, 08:16:42 AM
Last edit: November 30, 2020, 10:35:03 AM by relaxtrading
 #9

Is evolve markets the best choice to trade BTC on MT5 / MT4  ? I also found that fxopen offer mt5 to trade BTC
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