Finally, I don't understand how you will do if I deposit 1000 BTC and with high risk I win 1000 BTC. Then I want to withdraw my 2000 BTC. Will you buy BTC on the market to pay me? Please be clearer in your risk management rules as you know already many BTC businesses are scam, same for forex brokers, so hope you understand my concerns.
Hello,
Thank you for your kind words.
Spreads come from our liquidity providers and unfortunately there is not much we can do to lower them. Except for changing or adding new providers, and this is our plan for the beginning of 2016.
As for the next question, your trades are made with our liquidity providers, not with us, so your profit is available to withdraw as soon as you close your trade.
If you have any further question, do not hesitate to ask.
Best Regards,
SimpleFX Customer Support
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Thanks,
You didn't answer about swaps that are negative for eurusd short while positive elsewhere.
But I understand you need time to improve.
Also, in my example, if I win 1000 btc, how will you do to pay me? Buy on market? I understand if my account is EUR or USD based then LP pays you then you pay me, but if BTC? Please be a bit transparent, thanks.