Topic: Need a broker and fast (Read 1186 times)
Thank i will look at it
Well even in that case, they just closed every open trade and changed bitcoin from a monthly contract to a daily. and completely remove the leverage. Why even trade their, its more complicated than just buying BTC from bitstamp...
They decreased the leverage because they see a huge risk of the price falling through the margin before they have time to close out positions.
Any brokerage should only offer leverage relative to the price volatility, so if prices are more volatile the margins get scaled right back.
Would you offer strangers 10:1 leverage on Bitcin long positions currently and hope that if it falls by 50% they have the extra BTC you'll be asking them for?
Any brokerage should only offer leverage relative to the price volatility, so if prices are more volatile the margins get scaled right back.
Would you offer strangers 10:1 leverage on Bitcin long positions currently and hope that if it falls by 50% they have the extra BTC you'll be asking them for?
well i have been milking them for 1000% profit since 22 october hehe 
Plus500 is a bucketshop , just like any other FX "Broker"
Stay away . They only make money when u lose!
I Bet. My AsS they dont Even bought BTC !!!
Let alone own BTCs...
Stay away . They only make money when u lose!
I Bet. My AsS they dont Even bought BTC !!!
Let alone own BTCs...
Yeah, I think they dont want bitcoin anymore...
well no reason to trade there anymore, why pay spread and margin to plus 500 when u dont even get a leverage, you can just as well go to mtgox/bitstamp yourself and start buying/selling.
Stamp have been good to me of late. Money in and out with no problems (SEPA).
If you are US then YMMV.
If you are US then YMMV.
They just decreased the leverage to 1:1
Coincidence?
Coincidence?
Same here, Plus 500 screwed me over good...
Why would they want to destroy BTC trading on their platform ?? WHY
Why would they want to destroy BTC trading on their platform ?? WHY
Ok..this is the worst timing I hate Plus500 Angry Angry Angry
I keep bitcoin since mid october, the leverage was very good, the price was cheap and yeah I didn't got "eaten" by the margin. But without reason all my position as been closed at 580 !!!!!
They also changed the leverage of 10:1 to 2:1 and increase the margin and they increased the comission to 8$ per bitcoin traded! Shocked
It is 5h30 the morning here, and I am losing an opportunity!
I needed to talk to someone, dont ever think to trade on Plus500!
So now...Bitstamp or Mtgox?
I keep bitcoin since mid october, the leverage was very good, the price was cheap and yeah I didn't got "eaten" by the margin. But without reason all my position as been closed at 580 !!!!!
They also changed the leverage of 10:1 to 2:1 and increase the margin and they increased the comission to 8$ per bitcoin traded! Shocked
It is 5h30 the morning here, and I am losing an opportunity!
I needed to talk to someone, dont ever think to trade on Plus500!
So now...Bitstamp or Mtgox?
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