Deposited Withdraw Date
3.04 0.00 2/14
3.75 2/24
3.74 2/27
1.00 2/28
0.30 3/1
0.07 3/1
1.69 3/2
2.45 3/1
Topic: [ANN] SimpleFX.com - forex broker with BTC and LTC crosses and 1:500 leverage - page 22. (Read 64899 times)
March 05, 2017, 10:43:18 PM
March 05, 2017, 10:10:15 PM
Whats the most any of you guys withdrew ? 
March 05, 2017, 07:45:43 PM
and if the above is true can I have 2 accounts with 4 btc in each and get 500 to 1 leverage?
March 05, 2017, 07:45:01 PM
can you explain max leverage using the balance in your account to decide max leverage.
The less you have in your account the higher the leverage is?
Does that count all live account balances combined?
how does it work
http://imgur.com/a/C0CXS
so I understand clearly if your balance is below 4.13 btc you get 500-1 and if your balance is above 4.13 you get less leverage???
is that how it works please clarify
thank you
The less you have in your account the higher the leverage is?
Does that count all live account balances combined?
how does it work
http://imgur.com/a/C0CXS
so I understand clearly if your balance is below 4.13 btc you get 500-1 and if your balance is above 4.13 you get less leverage???
is that how it works please clarify
thank you
March 04, 2017, 11:06:11 AM
Hey SimpleFX,
Why so low leverage for BTC\USD? Please increase it ate least at 5x!!!!
Why so low leverage for BTC\USD? Please increase it ate least at 5x!!!!
March 03, 2017, 10:04:50 AM
I just wanted to add that I have done multiple deposits and withdrawals and have had zero issues with simplefx in the past 2 months. Their response on the forum is good, they have live chat. I am just so scared to put to much coin in because of the famous anyone can exit anytime. BUT up to this point all good from simplefx and thanks again for the responses.
March 03, 2017, 07:00:56 AM
Simple FX,
With bitcoin continuing to go higher, have you considered cutting the size of your BTC contract, maybe to 50BTC or even 10BTC?
With bitcoin continuing to go higher, have you considered cutting the size of your BTC contract, maybe to 50BTC or even 10BTC?
This is actually a very good question, because recently we started to consider it;) I am not sure about the exact solution, whether it'll be a modification to recent contract or implementing additional "mini" BTC contracts. Time will tell.
Also, have you think to increase leverage on BTC\USD? 2x is really low! I don't want to move to other broker , but try to move it at least at 5x!
Effective leverage on BTC is 1:10, you just need to set account leverage to 1:500
March 03, 2017, 02:48:29 AM
Simple FX,
With bitcoin continuing to go higher, have you considered cutting the size of your BTC contract, maybe to 50BTC or even 10BTC?
With bitcoin continuing to go higher, have you considered cutting the size of your BTC contract, maybe to 50BTC or even 10BTC?
This is actually a very good question, because recently we started to consider it;) I am not sure about the exact solution, whether it'll be a modification to recent contract or implementing additional "mini" BTC contracts. Time will tell.
Also, have you think to increase leverage on BTC\USD? 2x is really low! I don't want to move to other broker , but try to move it at least at 5x!
March 03, 2017, 02:33:52 AM
Simple FX,
With bitcoin continuing to go higher, have you considered cutting the size of your BTC contract, maybe to 50BTC or even 10BTC?
With bitcoin continuing to go higher, have you considered cutting the size of your BTC contract, maybe to 50BTC or even 10BTC?
This is actually a very good question, because recently we started to consider it;) I am not sure about the exact solution, whether it'll be a modification to recent contract or implementing additional "mini" BTC contracts. Time will tell.
March 02, 2017, 08:28:46 PM
Simple FX,
With bitcoin continuing to go higher, have you considered cutting the size of your BTC contract, maybe to 50BTC or even 10BTC?
With bitcoin continuing to go higher, have you considered cutting the size of your BTC contract, maybe to 50BTC or even 10BTC?
March 02, 2017, 04:46:14 PM
so .36% per day is that correct for long?
Yes, that is correct.
March 02, 2017, 04:30:47 PM
so .36% per day is that correct for long?
March 02, 2017, 02:21:57 PM
that video says nothing and absolutely does not answer my question
can you please just do the math and show your work for me on an example overnight trade so I can see it, please
can you please just do the math and show your work for me on an example overnight trade so I can see it, please
With account leverage 1:500 you may open about 434 lots on FB.US (required margin approximately 1btc). Swap long -0.0036 BTC, Swap short -0.0029 BTC
Calculations:
Formula for swaps: size of order*contract size*tick size*swap rate=swap value in quote currency
Swap for Buy order:
434*1*0.01*(-0.973100)= -$4.22 =- 4.22/1185 BTC= - 0.0036 BTC
Swap for Sell order:
434*1*0.01*(-0.787700)= -$3.41= -3.41/1185 BTC= - 0.0029 BTC
March 02, 2017, 01:31:00 PM
that video says nothing and absolutely does not answer my question
can you please just do the math and show your work for me on an example overnight trade so I can see it, please
can you please just do the math and show your work for me on an example overnight trade so I can see it, please
March 02, 2017, 04:06:23 AM
wow your swap rates are unbelievable. I really need to understand it better please clarify with hard numbers, please
example
put 1 btc on fb.us what would the overnight swap actual fee be on that
please break it down for me clearly
thank you
example
put 1 btc on fb.us what would the overnight swap actual fee be on that
please break it down for me clearly
thank you
Hello, the most convenient way to calculate swaps for any position and instrument is by using our Trade Calculator: https://www.youtube.com/watch?v=F12y9M-Khj8
I appreciate the efforts been put forward by simplefx to setup this company as a follower of this bitcoin fx service i think it is now of importance that you include PAMM accounts into your services this will not only boost peoples income but promote and expose your company to the zenith.
It requires some technical preparations but maybe we will implement PAMM accounts in the future.
March 02, 2017, 01:56:17 AM
I appreciate the efforts been put forward by simplefx to setup this company as a follower of this bitcoin fx service i think it is now of importance that you include PAMM accounts into your services this will not only boost peoples income but promote and expose your company to the zenith.
March 02, 2017, 12:17:16 AM
wow your swap rates are unbelievable. I really need to understand it better please clarify with hard numbers, please
example
put 1 btc on fb.us what would the overnight swap actual fee be on that
please break it down for me clearly
thank you
example
put 1 btc on fb.us what would the overnight swap actual fee be on that
please break it down for me clearly
thank you
February 27, 2017, 02:27:17 AM
what is your free margin? I see that on the bottom but I dont understand what it means? you should put a screenshot up and explain all the spots to me that would be awesome and I am sure other people can use it.
I also wondered I opened a position for size 500 how do I know how much bitcoin that is, can you give me the formula to figure that out.
also what is your overnight fee on long positions if someone wanted to sit on facebook (funny pun) long term at 50 to 1 leverage?
I also wondered I opened a position for size 500 how do I know how much bitcoin that is, can you give me the formula to figure that out.
also what is your overnight fee on long positions if someone wanted to sit on facebook (funny pun) long term at 50 to 1 leverage?
If margin is the part of your account equity which is currently blocked to secure your opened trades, free margin is the remaining part of your equity which can be used to open new trades.
Position sizes and overnight fees can be checked very easy in our Trade Calculator, which is described in this video: https://www.youtube.com/watch?v=F12y9M-Khj8
February 20, 2017, 09:55:02 PM
what is your free margin? I see that on the bottom but I dont understand what it means? you should put a screenshot up and explain all the spots to me that would be awesome and I am sure other people can use it.
I also wondered I opened a position for size 500 how do I know how much bitcoin that is, can you give me the formula to figure that out.
also what is your overnight fee on long positions if someone wanted to sit on facebook (funny pun) long term at 50 to 1 leverage?
I also wondered I opened a position for size 500 how do I know how much bitcoin that is, can you give me the formula to figure that out.
also what is your overnight fee on long positions if someone wanted to sit on facebook (funny pun) long term at 50 to 1 leverage?
February 15, 2017, 03:38:36 AM
auto closed on all open trades or just that trade?
say I have 1 btc on blah blah and it is positive right now
I have 1 btc on blah blah and it is negative 1 btc
what happens in that case?
say I have 1 btc on blah blah and it is positive right now
I have 1 btc on blah blah and it is negative 1 btc
what happens in that case?
When your margin level (ration of equity to margin) on given account drops below 30%, one of your trade - the trade with the current biggest loss will be closed automatically. Then our system will recalculate your margin level again, if it is still below 30% next trade with the current biggest loss will be closed.
Margin level in webtrader:
Margin level in MT4:
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