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Topic: [ANN] SimpleFX.com - forex broker with BTC and LTC crosses and 1:500 leverage - page 24. (Read 64899 times)

hero member
Activity: 756
Merit: 500
I WANT TO TEST THIS PLATFROM DO YOU HAVE DEMO ACCOUNT?

Hello,

Yes, after registration you have automatically open 1 Bitcoin LIVE account, 1 Bitcoin DEMO account and 1 USD DEMO account. You can manage your accounts here: https://simplefx.com/accounts/

in demo account only can get 1 dollar i think is very small if only demo account only 1 dollar
and how much leverage in bitcoin trading
how much minimum deposit
how much minimum withdraw

simplefx use about regulation or not


a)   After registration, a new Demo USD account is funded with 10 000 USD. You can modify your Demo accounts funds (deposit or withdraw).
b)   Account leverage 1:2 to 1:500, BTCUSD maximum effective leverage is 10x, you can open up to 10 live account.
c)   There is no minimum deposit for BTC.
d)   Minimum withdrawal is 0.0001 BTC, SimpleFX does not charge any additional fees for Bitcoin deposit or withdrawal.
e)   SimpleFX Ltd. is incorporated at Saint Vincent and the Grenadines under registered number 22361 IBC by the Registrar of International Business Companies and its operations are subject of the Saint Vincent law.
We are operating since 8th October 2014. Currently we are making all efforts to acquire FCA License but due to the fact that we offer Bitcoin & Litecoin accounts, the whole process is stretching over a long period of time as these institutions do not comprehend the whole of the process of Bitcoin transaction.


its really interesting learning to play with forex and simplefx offers btc just concerned about anonymous withdrawal just in case you already have a huge funds inside the site and you wanted to withdraw do you need to present personal info or you can withdraw automatically without any further questions?
full member
Activity: 618
Merit: 103
SimpleFX.com - Free Trading & Investing App
I WANT TO TEST THIS PLATFROM DO YOU HAVE DEMO ACCOUNT?

Hello,

Yes, after registration you have automatically open 1 Bitcoin LIVE account, 1 Bitcoin DEMO account and 1 USD DEMO account. You can manage your accounts here: https://simplefx.com/accounts/

in demo account only can get 1 dollar i think is very small if only demo account only 1 dollar
and how much leverage in bitcoin trading
how much minimum deposit
how much minimum withdraw

simplefx use about regulation or not


a)   After registration, a new Demo USD account is funded with 10 000 USD. You can modify your Demo accounts funds (deposit or withdraw).
b)   Account leverage 1:2 to 1:500, BTCUSD maximum effective leverage is 10x, you can open up to 10 live account.
c)   There is no minimum deposit for BTC.
d)   Minimum withdrawal is 0.0001 BTC, SimpleFX does not charge any additional fees for Bitcoin deposit or withdrawal.
e)   SimpleFX Ltd. is incorporated at Saint Vincent and the Grenadines under registered number 22361 IBC by the Registrar of International Business Companies and its operations are subject of the Saint Vincent law.
We are operating since 8th October 2014. Currently we are making all efforts to acquire FCA License but due to the fact that we offer Bitcoin & Litecoin accounts, the whole process is stretching over a long period of time as these institutions do not comprehend the whole of the process of Bitcoin transaction.

hero member
Activity: 588
Merit: 500
I WANT TO TEST THIS PLATFROM DO YOU HAVE DEMO ACCOUNT?

Hello,

Yes, after registration you have automatically open 1 Bitcoin LIVE account, 1 Bitcoin DEMO account and 1 USD DEMO account. You can manage your accounts here: https://simplefx.com/accounts/

in demo account only can get 1 dollar i think is very small if only demo account only 1 dollar
and how much leverage in bitcoin trading
how much minimum deposit
how much minimum withdraw

simplefx use about regulation or not
full member
Activity: 618
Merit: 103
SimpleFX.com - Free Trading & Investing App
I WANT TO TEST THIS PLATFROM DO YOU HAVE DEMO ACCOUNT?

Hello,

Yes, after registration you have automatically open 1 Bitcoin LIVE account, 1 Bitcoin DEMO account and 1 USD DEMO account. You can manage your accounts here: https://simplefx.com/accounts/
sr. member
Activity: 308
Merit: 250
I WANT TO TEST THIS PLATFROM DO YOU HAVE DEMO ACCOUNT?
full member
Activity: 195
Merit: 100
Hello Simplefx,
I am wondering if you offer any PAMM accounts?
If not what are the alternatives?

Thanks
newbie
Activity: 19
Merit: 0
SimpleFX
Just wanted to send a word of thanks regarding your BTC/USD cfd.  I noticed you offer a positive swap for short positions.  Haven't seen this at other brokers -- a welcome surprise!   Aside from the bonus for short sellers, it is particularly helpful for bitcoin denominated accounts.  Sometimes I really want a break from the bitcoin volatility to focus on currency, stock index, etc positions.  Your BTC cfd allows me to put a hedge on my account without penalty.  Was able to use this feature to lock in account value around $1000 BTC/USD price, rather than withdraw the funds. 

I hope you will continue to offer this positive swap in the future.  If not, a zero swap BTC short would also work.  Again, thank you!
full member
Activity: 618
Merit: 103
SimpleFX.com - Free Trading & Investing App
whats up with your site ?  the server goes down every 30 minutes

Hello, could you give us some more details? We did not notice any issues. Also for quick response please use our LiveSupport: https://simplefx.com/support/
member
Activity: 200
Merit: 42
whats up with your site ?  the server goes down every 30 minutes
full member
Activity: 618
Merit: 103
SimpleFX.com - Free Trading & Investing App
is it a licensed broker? or just another one trying to get some money? 

SimpleFX Ltd. is incorporated at Saint Vincent and the Grenadines under registered number 22361 IBC by the Registrar of International Business Companies and its operations are subject of the Saint Vincent law.

We are operating since 8th October 2014. Currently we are making all efforts to acquire FCA License but due to the fact that we offer Bitcoin & Litecoin accounts, the whole process is stretching over a long period of time as these institutions do not comprehend the whole of the process of Bitcoin transaction.
sr. member
Activity: 378
Merit: 250
is it a licensed broker? or just another one trying to get some money? 
full member
Activity: 618
Merit: 103
SimpleFX.com - Free Trading & Investing App
no problem on my withdraw

We are glad to hear this, thank you for your feedback.
member
Activity: 200
Merit: 42
no problem on my withdraw
member
Activity: 200
Merit: 42
my withdrawal address is now working thanks~ I will post if I have any problems withdrawing
member
Activity: 200
Merit: 42
why cant I withdraw I put a withdraw request in a week ago and still waiting for verification?Huh?? I put the request in dec 30th?Huh? and it is still awaiting?Huh?
full member
Activity: 618
Merit: 103
SimpleFX.com - Free Trading & Investing App
been a week now and still no reply for my complaint.  yes you are 100% right that the spread caused my btc to be taken.  Thanks for the trade and you are 100% a scam, maybe not entirely but you are abusing and I am sure using that spread to clean peoples accounts out.

According to Our Terms of Business (https://simplefx.com/resources/SimpleFX_TermsOfBusiness(CFD).pdf) we have 30 days to answer to your complaint.
full member
Activity: 618
Merit: 103
SimpleFX.com - Free Trading & Investing App
Hi
The FAQ says that the Stop Out level is 30% of Margin level

If I have 0.15 BTC in my account
Then I trade on BTC/USD (Symbol effective leverage = 1:10)
Required margin = 0.1 BTC
Trade value = 1.0 BTC
Then the free margin in my account = 0.05 BTC (and keep changing)

Does this means if I loss more then 0.05*70%=0.035 BTC
Then the order will Stop Out and force close?

Or means that if I loss more then 0.1*70%=0.07 BTC
Then the order will Stop Out and force close?

Thanks!

Hello, Stop out happen when your account equity drops below 30% of required margin. So if you have 0.15 BTC in your account and open position for which required margin is 0.1 BTC, your account equity needs to drop below 0.03 BTC (which is 30% of 0.1 BTC), so your loss will be about 0.12 BTC.
member
Activity: 200
Merit: 42
been a week now and still no reply for my complaint.  yes you are 100% right that the spread caused my btc to be taken.  Thanks for the trade and you are 100% a scam, maybe not entirely but you are abusing and I am sure using that spread to clean peoples accounts out.
newbie
Activity: 2
Merit: 0
so since you have time to answer here please explain using that imgur I uploaded

You opened 1.4 lot position. 400 points in price change was enough to stop out your position.

So you opened a position where 400 points in price change can kill your account, on the exotic market where spread reaches 1600 points during least liquid periods...

Haha this guy need to know more about CFD. How stupid can you be to trade with 1.4 lot. Thats only possible if you have over 100 btc or 100.000 dollar.
newbie
Activity: 13
Merit: 0
Hi
The FAQ says that the Stop Out level is 30% of Margin level

If I have 0.15 BTC in my account
Then I trade on BTC/USD (Symbol effective leverage = 1:10)
Required margin = 0.1 BTC
Trade value = 1.0 BTC
Then the free margin in my account = 0.05 BTC (and keep changing)

Does this means if I loss more then 0.05*70%=0.035 BTC
Then the order will Stop Out and force close?

Or means that if I loss more then 0.1*70%=0.07 BTC
Then the order will Stop Out and force close?

Thanks!
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