[ANN] 1Broker.com - Trade forex, indices, stocks and commodities - page 28.

ONLYfree

legendary

Activity: 1288

Merit: 1000

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

full member

Activity: 187

Merit: 100

@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.

Quote from: ONLYfree on January 07, 2015, 05:11:52 AM

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.

Quote from: DirkBlik on January 08, 2015, 06:53:12 PM

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.

DirkBlik

member

Activity: 78

Merit: 10

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

Quote

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?

ONLYfree

legendary

Activity: 1288

Merit: 1000

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.

vual

hero member

Activity: 714

Merit: 500

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.

exxe

full member

Activity: 187

Merit: 100

Quote from: DirkBlik on December 27, 2014, 06:32:41 AM

Any chance you could add a user option to flip the auto stop loss from 80% to 20% ?

Added to our TODO list.

Quote from: durdur23 on January 05, 2015, 05:23:28 PM

1) Is your website backed by actual fund? If you, how much is it?

2) Are you actually put orders as a broker or are you keeping logs of orders and calculating p/l of your customers accordingly?

3) Do you have any plan for adding oil and other commodities to your market?

Thanks

1) We started without any funding, but built up reserves (of course without counting users' cash balances/assets) of a higher 3-digit BTC amount.
2) Second (I think, although I'm not sure what you exactly mean). We act as a market maker.
3) Definitely, very soon!

Quote from: vual on January 05, 2015, 05:31:51 PM

Interesteing:
1) Who is your clearing house?
2) what coutry are you regulated in?
3) what makes you better then the already opened and established brokers that accept bitcoin and USD and offer 1000 more pairs then you?

1) We act as a market maker.
2) None. From a regulatory perspective we have a quite unusual business model since Bitcoin (by most countries not considered as money) is not used as a payment method, but as a settlement currency. We are striving to become regulated since years now, but there is still no ETA yet.
3) All our markets are settled in Bitcoin, what I have not seen on other established platforms, yet. This means no currency conversions/risks for the trader.

Quote from: vual on January 06, 2015, 05:27:14 PM

lol, so that also means your not protected with regulation and your funds can vanish anytime.
I am interested any one been trading with them long?? any issues on withdrawals?

Generally speaking, you should not trust us or any other entity with Bitcoins you cannot afford to lose.
However, 1Broker had not any incidents since 2012 and is not operated anonymously.
Vanishing with your funds would lead to legal consequences for us.

best regards!

vual

hero member

Activity: 714

Merit: 500

Quote from: tradesman on January 06, 2015, 09:31:53 AM

Quote from: vual on January 05, 2015, 05:31:51 PM

3) what makes you better then the already opened and established brokers that accept bitcoin and USD and offer 1000 more pairs then you?

For starters, there is no KYC/AML bulshit you have to endure at established brokers.

lol, so that also means your not protected with regulation and your funds can vanish anytime.
I am interested any one been trading with them long?? any issues on withdrawals?

tradesman

newbie

Activity: 16

Merit: 0

Quote from: vual on January 05, 2015, 05:31:51 PM

3) what makes you better then the already opened and established brokers that accept bitcoin and USD and offer 1000 more pairs then you?

For starters, there is no KYC/AML bulshit you have to endure at established brokers.

vual

hero member

Activity: 714

Merit: 500

Quote from: exxe on November 09, 2012, 10:25:39 AM

Namasté!

Interesteing:
1) Who is your clearing house?
2) what coutry are you regulated in?
3) what makes you better then the already opened and established brokers that accept bitcoin and USD and offer 1000 more pairs then you?

durdur23

member

Activity: 67

Merit: 10

Hi, I am interested in using your website for trading, but I have few questions about it.

1) Is your website backed by actual fund? If you, how much is it?

2) Are you actually put orders as a broker or are you keeping logs of orders and calculating p/l of your customers accordingly?

3) Do you have any plan for adding oil and other commodities to your market?

Thanks

DirkBlik

member

Activity: 78

Merit: 10

Hey Mr exxe

Any chance you could add a user option to flip the auto stop loss from 80% to 20% ?

Thanks

exxe

full member

Activity: 187

Merit: 100

Quote from: tradesman on December 21, 2014, 10:20:08 AM

What is the minimum margin required to keep a position open?

The minimum margin to enter a trade is 0.01 BTC. However, once the position is opened an automatic stop-loss is assigned to this position. The cash balance is currently not used to decide whether a position needs to be force-closed.

Hope this helps!

best regards.

exxe

full member

Activity: 187

Merit: 100

Quote from: coreycorey on December 20, 2014, 04:08:35 AM

What are the opening hours for Christmas and the New year as they are week days?

Stocks
24th Dec. Closed early at 1 p.m. (New York/Eastern Time)
25th Dec. Closed
1st Jan. Closed

Forex
Forex markets opening times depend on the underlying currencies. Here is a good overview:
https://www.interactivebrokers.com/en/?f=%2Fen%2Fgeneral%2FcurrencyHoliday.php

Metals
25th Dec. Closed
1st Jan. Closed

best regards!

tradesman

newbie

Activity: 16

Merit: 0

What is the minimum margin required to keep a position open?

coreycorey

newbie

Activity: 1

Merit: 0

What are the opening hours for Christmas and the New year as they are week days?

leen93

sr. member

Activity: 616

Merit: 250

Quote from: FinlayWallis on November 26, 2014, 06:56:11 PM

Current Spread

EUR/USD 0.0001

GBP/USD 0.0002

USD/CAD 0.0002

USD/CHF 0.0001

USD/JPY 0.01

Does that mean you make the most loss & profit on the USD/JPY pair per pip Huh

no, on the usd/cad
you have to compare them to their value, usd/jpy ~ 118

FinlayWallis

newbie

Activity: 1

Merit: 0

Quote from: FinlayWallis on November 26, 2014, 06:56:11 PM

Current Spread

EUR/USD 0.0001

GBP/USD 0.0002

USD/CAD 0.0002

USD/CHF 0.0001

USD/JPY 0.01

Does that mean you make the most loss & profit on the USD/JPY pair per pip Huh

DirkBlik

member

Activity: 78

Merit: 10

Quote from: exxe on November 17, 2014, 12:45:29 PM

Quote from: DirkBlik on November 17, 2014, 01:05:58 AM

I thought the minimum spread was 0.01 BTC but i just noticed that some say 0.0001 & 0.0002

Does this mean they have to move many pips until they pass 0.01 BTC before you make a profit?

The minimum margin is 0.01 BTC. You can see our current spreads here: https://1broker.com/?c=cfds. Please try out our Profit/Loss calculation tool (https://1broker.com/?c=profitloss_calculator) which gives a good insight on how calculation works.

best regards!

Thanks , Slowly sinking in , This is all very addictive.

I know this is a big ask but is there any chance you could add an Idiot slider to the stop loss part of the open trade for idiots like me to slide along instead of typing in an number with the slider scale showing the break even and profit point of the current trade?

This would be a great help for small quick turn around stop lose profits and for people like me that still manage to get decimal point total wrong with a calculator. Grin

virtfund

sr. member

Activity: 672

Merit: 253

Also, I personally think it would be a really good idea if you had a notice when one of your servers is down.

exxe

full member

Activity: 187

Merit: 100

Quote from: DirkBlik on November 17, 2014, 01:05:58 AM

I thought the minimum spread was 0.01 BTC but i just noticed that some say 0.0001 & 0.0002

Does this mean they have to move many pips until they pass 0.01 BTC before you make a profit?

The minimum margin is 0.01 BTC. You can see our current spreads here: https://1broker.com/?c=cfds. Please try out our Profit/Loss calculation tool (https://1broker.com/?c=profitloss_calculator) which gives a good insight on how calculation works.

best regards!

Topic: [ANN] 1Broker.com - Trade forex, indices, stocks and commodities - page 28. (Read 103059 times)