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Topic: trading Forex with Bitcoin deposit/withdraw - page 16. (Read 120499 times)

legendary
Activity: 2413
Merit: 1003
I am using 1broker, simplefx they are enough for me both of them accepts BTC deposit and withdrawal.

Why i am using 1broker?
They have an option to copy successful traders so i am copying Snortex he is Legend you can check his profile




This month he seems to be %-1200 but it is not true. System doesn't count his open trades so please check his open trades below. When he close them he will be aroun %+2500 profit




I am copying him aroun %3 of my balance because sometimes he has 30-40 open trades at the sametime. I am also following his trades and when i think i have enough profit i close trades manually. When you copy a trade you have 2 options 1st is closing manuallay 2nd is waiting for the copied trader. Anyway i suggest you to check 1broker if you find my informations helpful you can register to 1broker with my referral link https://1broker.com/?r=39872

Kind regards,

the images are not visible
sr. member
Activity: 1036
Merit: 275
I use to trade a lot on SimpleFx, and their fees are low, so anyone can trade in there, it is almost free to trade if i am not wrong, and their website looks very good, but they have some fees if you are looking to let a position opened for some days.
Whaleclub is a good broker too, but it has the highest fees of all the brokers that i used, more than 0.0003 BTC a day if you are going to let a position opened for some days.
legendary
Activity: 1106
Merit: 1000
I am using 1broker, simplefx they are enough for me both of them accepts BTC deposit and withdrawal.

Why i am using 1broker?
They have an option to copy successful traders so i am copying Snortex he is Legend you can check his profile




This month he seems to be %-1200 but it is not true. System doesn't count his open trades so please check his open trades below. When he close them he will be aroun %+2500 profit




I am copying him aroun %3 of my balance because sometimes he has 30-40 open trades at the sametime. I am also following his trades and when i think i have enough profit i close trades manually. When you copy a trade you have 2 options 1st is closing manuallay 2nd is waiting for the copied trader. Anyway i suggest you to check 1broker if you find my informations helpful you can register to 1broker with my referral link https://1broker.com/?r=39872

Kind regards,
legendary
Activity: 2413
Merit: 1003
September 13, 2017, 08:09:36 PM

Etouro is not listed because they don't work with crypto deposits/withdraws

Instaforex is marked as scam by ForexPeaceArmy: http://www.forexpeacearmy.com/forex-reviews/4257/www.instaforex.com

Yes, I am aware that FPA is not in good standing with Instaforex, and I respect absolutely your decision to entrust your list of reliable brokers solely and exclusively in the edicts of Forex Peace Army. I personally am not in favor of believing in "absolute truths", especially when I have been interacting with hundreds of instaforex users who have had a great experience there over five years. I personally have withdrawn thousands of dollars there without any problem, and this is especially remarkable since everything has been achieved through its bonus program, without ever having invested a single dollar.

Regarding etoro you are absolutely right. I had not realized that they do not accept bitcoin as a payment processor.

Regards!

I believe that you and hundreds never had problems. and we all know that ratings are problematic in the finance world. that's actualy the reason why I decided that FPA is the most trustworthy. that doesn't mean that they are always right. At the end, everybody has to do their own research and expirience.

Regards
hero member
Activity: 966
Merit: 507
September 13, 2017, 06:23:44 PM

Etouro is not listed because they don't work with crypto deposits/withdraws

Instaforex is marked as scam by ForexPeaceArmy: http://www.forexpeacearmy.com/forex-reviews/4257/www.instaforex.com

Yes, I am aware that FPA is not in good standing with Instaforex, and I respect absolutely your decision to entrust your list of reliable brokers solely and exclusively in the edicts of Forex Peace Army. I personally am not in favor of believing in "absolute truths", especially when I have been interacting with hundreds of instaforex users who have had a great experience there over five years. I personally have withdrawn thousands of dollars there without any problem, and this is especially remarkable since everything has been achieved through its bonus program, without ever having invested a single dollar.

Regarding etoro you are absolutely right. I had not realized that they do not accept bitcoin as a payment processor.

Regards!
legendary
Activity: 2413
Merit: 1003
September 12, 2017, 06:45:59 PM
Wow! it seems that SimpleFX has been steadily gaining a prominent place among the Forex brokers involved in the cryptocurrency market. I see a special enthusiasm in SimpleFX for attracting new traders by giving many facilities for the potential investors.

For my part I have been quite loyal to Etoro and Instaforex over the years in the subject of Forex Trading (although in this thread these brokers have not deserved any confidence). While I recognize their laudable efforts to get involved in the crypto market, their efforts have still been very hesitant. Etoro already has six cryptos and just this September 3 added an addendum to its terms of service by which the trading of cryptos is already real and direct, being etoro only an intermediary. In this way they stop charging the fees they used to charge when implementing the trading of cryptos as CFDs.

In the case of Instaforex, they have just included Ripple among its crypto options (BTC, ETH, LTC and now XRP), but always as CFDs, with very expensive spreads, inefficient platform and high commissions. Nothing advisable for trading altcoins.


Etouro is not listed because they don't work with crypto deposits/withdraws

Instaforex is marked as scam by ForexPeaceArmy: http://www.forexpeacearmy.com/forex-reviews/4257/www.instaforex.com
jr. member
Activity: 41
Merit: 1
September 12, 2017, 06:26:37 PM
I was a forex trader and I using FSB and Instaforex for broker. I just see this thread when open thos forum today.
Thanks for your efforts to make broker forex list with deposit/withdraw.
hero member
Activity: 966
Merit: 507
September 12, 2017, 06:10:24 PM
Wow! it seems that SimpleFX has been steadily gaining a prominent place among the Forex brokers involved in the cryptocurrency market. I see a special enthusiasm in SimpleFX for attracting new traders by giving many facilities for the potential investors.

For my part I have been quite loyal to Etoro and Instaforex over the years in the subject of Forex Trading (although in this thread these brokers have not deserved any confidence). While I recognize their laudable efforts to get involved in the crypto market, their efforts have still been very hesitant. Etoro already has six cryptos and just this September 3 added an addendum to its terms of service by which the trading of cryptos is already real and direct, being etoro only an intermediary. In this way they stop charging the fees they used to charge when implementing the trading of cryptos as CFDs.

In the case of Instaforex, they have just included Ripple among its crypto options (BTC, ETH, LTC and now XRP), but always as CFDs, with very expensive spreads, inefficient platform and high commissions. Nothing advisable for trading altcoins.
legendary
Activity: 2413
Merit: 1003
September 12, 2017, 09:09:43 AM


https://simplefx.com added BitcoinCash:


Quote from: SimpleFX

 



Bitcoin Cash added as a deposit currency
• Our 5th crypto currency alongside Bitcoin, Litecoin, Dash and Ethereum
• No fees for processing payments
• Already available

Bitcoin Cash available for Bitcoin holders
• If you had a Bitcoin balance on SimpleFX on July 31st, new Bitcoin Cash (BIC) account was added to your profile
• Your new BIC account is credited with the equivalent amount of Bitcoin Cash on a 1:1 basis
• Bitcoins held as a margin on orders during this day are credited with Bitcoin Cash as well

Three new symbols enabled for trading

• BCHUSD (Bitcoin Cash vs US Dollar)
• BCHBTC (Bitcoin Cash vs Bitcoin)
• USDKRW (US Dollar vs South Korean Won)

hero member
Activity: 1120
Merit: 507
September 01, 2017, 03:42:44 AM
full member
Activity: 141
Merit: 100
Wow nice information here, never knew that there was a forex site accepting bitcoins, this is awesome
legendary
Activity: 2413
Merit: 1003
I would to hear more or read more about that

The idea of this list is to give some options to chose from. everybody should do their own homework to make the ultimate decision.
full member
Activity: 216
Merit: 100
You can trade bitcoins on a lot of websites, but I don’t know of plenty sites that allow you to fund your trading account with bitcoin, though it’s a welcome idea it very cool and I would to hear more or read more about that
legendary
Activity: 2413
Merit: 1003
@jag1969
@bitcoin-broker

my list is first of based on http://www.forexpeacearmy.com/
it's the most truted and independend Forex review page.

Others are listed for beeing trusted by cryptocomunity; a trust which I don't consider too trustworthy but I am just listing the possibilities here.

If you guys for example recomend a broker which the army warns about: http://www.forexpeacearmy.com/forex-reviews/12358/www.forexmart.com
than I can't take your recomendations too seriously.


About FxOpen's registers for example, it's on the last part of thier page:

Quote
FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission.
FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871 – ABN 61 143 678 719.
FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202.

besides beeing a well know, and long on the market broker it has many reviews on Forexpeacearmy.
If you don't trust a broker like that you have to buy government bonds.

I wont list small/new brokers unless they are comunity made like SimpleFX.
And I wont list any broker which have warnings on Forexpeacearmy
legendary
Activity: 2413
Merit: 1003


We've got some exciting news for you!

Ethereum enabled as a deposit currency
•   Our fourth one alongside Bitcoin, Litecoin and Dash
•   No fees for processing payments
•   Already available

Two new cryptocurrency pairs added
•   XRPUSD (Ripple vs US Dollar)
•   ETCUSD (Ethereum Classic vs US Dollar)

newbie
Activity: 6
Merit: 0
There are some more Brokers with Bitcoin payment option: Instaforex, Forexmart, FXCL..
It is possible to find a complete updated list on: https://www.mrforex.com/en/bitcoin/



legendary
Activity: 2413
Merit: 1003
Just wanna share my opinion. Why you not try Pepperstone? Strong regulation forex broker. BTC/USD only though.
I'm a forex trader. The ideal condition to trade crypto in MT4 is, if you can get Islamic/ Swap Free account. Because if you dont, the swap will slowly eating your profit. It can be unbearable when you got your opened trade floating minus. Except if you want to daily trade and set your stop loss tight, but in my opinion, its dangerous based on crypto volatility.

I really against to trade crypto using leverage. The volatility is dangerous even without any leverage (1:1). And, dont try to use technical indicator for crypto. Its useless in my opinion. But surely everyone has their own opinion. I'm not trying to be a smartass. Sorry if I offended somebody.



This topic is about trading Forex with Bitcoin as a funding method.
Bitcoin-trading on forex brokers would be another topic.

@jag1969 I'll still respond you, lot of text to respond in your post
newbie
Activity: 1
Merit: 0
Just wanna share my opinion. Why you not try Pepperstone? Strong regulation forex broker. BTC/USD only though.
I'm a forex trader. The ideal condition to trade crypto in MT4 is, if you can get Islamic/ Swap Free account. Because if you dont, the swap will slowly eating your profit. It can be unbearable when you got your opened trade floating minus. Except if you want to daily trade and set your stop loss tight, but in my opinion, its dangerous based on crypto volatility.

I really against to trade crypto using leverage. The volatility is dangerous even without any leverage (1:1). And, dont try to use technical indicator for crypto. Its useless in my opinion. But surely everyone has their own opinion. I'm not trying to be a smartass. Sorry if I offended somebody.

https://www.mql5.com/en/charts/7493049/bitcoin-d1-pepperstone-group-limited?bind=1
member
Activity: 136
Merit: 18
I´m sorry about Avatrade. I erase this company of the list but i´ll add some brokers to fix my mistake. About your question where did i get this list from, i never wrote that i got this list from..., i´ve created this list. I just wanted to help newbies to find a broker with btc payment option and accounts based in btc. Don´t focus about Avatrade, it´s just a mistake and mistakes are produced for those who work. Try to focus in other topics more importants. For example, if you read in this thread the page 1 written by a trader capoeira, he/she considers to Fxchoice and Fxopen regulated brokers. I consider important that newbies understand that FxChoice isn´t a regulated company because Belize just give Forex Brokers the oportunity to register  as International Business (IB) and the same condition for FxOpen in Nevis. If you visit this link https://en.myfxchoice.com/faq/trade-with-us/#5 you´ll read that: You will be able to find us under the “Regulated service providers” tab, in list “F” clicking the word "here",  and if you click that word "here" it´ll appear a  LIST OF LICENSED SERVICE PROVIDERS FOR TRADING IN SECURITIES 2017 as list F it doesn´t say REGULATED it says LICENSED. And about Fxopen is regulated in Australia with Asic and in United Kingdom with Fca but if somebody decides to trade with these regulations btc aren´t accepted as payment option by these authorities, so the only option is to trade with Fxopen Nevis and if the company ceases operations Fca and Asic won´t help traders to recover your money. Believe me there isn´t anything like a Compensation Fund Scheme in Nevis.Many brokers write in your websites that they are regulated in Marshall Island, British Virgin Islands, Seychelles, Mauritius, Malta, Vanuatu, Nevis, Panama, Cayman Island, Saint Vincent & Grenadines, etc. These tax heaven countries don´t offer brokers a regulation they offer just a register and that´s the reason why these brokers are considered off-shore brokers. It´s truth that there are some unregulated brokers more honests that some regulated brokers but what i try to explain is that it´s important to know that if we want to trade with btc as payment option/accounts based in btc mostly brokers are off-shore brokers so the risk to lost your money increases. And you could add that at the present the only regulated company accepting btc as payment option is Forexmart regulated in Cyprus, a light regulation, ok, but at least with a Compensation Fund Scheme of eur 20.000, and that previous to begin to trade with this company it´s important you read reviews in forexpeacearmy because there are some bad reviews there.
Another important example, is that, besides to look for mistakes in my list, try to dedicate your efforts to improve your poor list adding brokers listed in my list. I´ve read good reviews about Forextime, Finpro trading and Tradeview. If you were so brave to add in your list companies like xcfd and 796.com, you could add these above mentioned companies,too. For reviews about 796.com you could send your visitors to this link https://www.reddit.com/r/Bitcoin/comments/34dc5i/796com_officially_blows_up_their_business/ or to this other link: https://www.forexbrokerz.com/brokers/796-com-review. About xcfd you are right it isn´t a regulated company because according to information provided in your website they are regulated in Vanuatu and there is an interesting review in forexpeacearmy during march 14, 2014 even an opinion of FPA team that you can add this link so traders can read it, for example, http://www.forexpeacearmy.com/forex-reviews/10427/www.xcfd.com?page=3&per-page=10. And about Uphold if visitors to this thread want to read reviews you could send them to https://es.trustpilot.com/review/uphold.com?languages=all (they´ll find good and bad reviews, too).
And about Traders´way accepting usa residents in a right way this is truth because they are listed and authorized by nfa/cftc but Fxchoice, Evolve.markets and Finpro Trading are listed, too. And if you want to read the complete list of brokers authorized to accept usa residents traders by nfa and cftc (so, you´ll feel sure about other brokers) you could visit this link https://forums.babypips.com/t/going-offshore-to-escape-the-cftc/35612. Reading this list it will give you the possibility to decide if you want to add Adamant Finance or Lqdfx to your list, for example. And you could add a comment that 1 broker and simplefx is possible that they are accepting traders from usa according to reviews posted in forexpeacearmy by american traders but they aren´t officially authorized by nfa/cftc to do it. And you could add that at least one broker did have some issues by this reason with nfa and cftc like your regulated company Fxopen according to this link http://www.financemagnates.com/forex/brokers/fxopen-settles-cftc-accepting-clients/.
After to write this post i consider that besides to show such authority in this matter with your question where did you get this list from?, you´d must begin to work with your own list. Imagine if i wonder you, something like, excuse me but, where did you get that list from? You say that Trader´s Way accepts usa traders but what about FxChoice, Evolve.Markets and Finpro Trading.  If you add to Xcfd and 796.com to your list, why don´t you add brokers like Forextime, Tradeview and FinproTrading. And the most important, who told you that FxChoice and FxOpen are regulated companies with authorities located in tax heaven countries like Belize and Nevis? You wrote at first page in this thread: please correct any wrong information + feel free to give extra information, so I can add it. This is what i tried to  do but your answer to my post wasn´t consequent with your words, you just wrote about the mistake adding Avatrade in my list. I´d add to your list to ForexTime, Tradeview and Finpro Trading. I´d do a research about Lqdfx (i´ve found good reviews in forexpeacearmy) to decide if i add this company. About Adamant Finance I´d wait few months to read more reviews of this company. About Coinsbank i come from forex so i prefer you decide to add it to your list because i suppose that, if you wrote in your list that Fxchoice and Fxopen Nevis are regulated brokers, you must come from bitcoiner comunity. (i´ve read some bad reviews of this company). I shouldn´t add: ForexMart, Superforex, Freshforex, Liteforex, Fibogroup and Just Forex. I´ve read bad reviews about these companies in Forexpeacearmy. I´d erase Uphold because this thread is focused in Forex Brokers and when i think in a Forex Broker i think at least in a webtrader with charts. And about 796.com and xcfd i´d erase these companies, too, because i´m not so brave like you. I´ve found a last broker Gerchik & Co that accepts btc as payment option you could do a research about this russian broker registered as member of the Financial Commission.
legendary
Activity: 2413
Merit: 1003
Brokers with btc payment option - accounts based in fiat currency.
-Forextime global (not regulated/registered in Belize), min. deposit usd 5.
-Finpro trading (not regulated/located in England), min. deposit usd 100 (just for btc). Something particular with this broker is that they offer you a btc web wallet in your website.
-Just forex (not regulated/registered in Belize), no min. deposit.
-Fresh forex (not regulated/registered in Belize), no min. deposit.
-Tradeview (not regulated/registered in Cayman Island), min. deposit usd 100. You will need to use Uphold to fund or to withdraw with btc.
-Traders way (not regulated/registered in Dominica), min. deposit usd 10.
-AvaTrade (regulated in Ireland), min. deposit usd 100.
-Fibogroup (not regulated/registered in British Virgin Islands), no min. deposit.
-Forexmart (regulated in Cyprus), no min. deposit.
-Superforex (not regulated/registered in Belize), no min. deposit
This list is incomplete but i wanted just to do mention some brokers to begin to trade using btc as payment option. Don´t forget that ewallet like Neteller, Skrill, Okpay accept btc deposits, too.


Brokers with btc payment option - account based in btc.
-1Broker (not regulated/registered in Marshall Island), no min. deposit, web trader.
-Whale Club (not regulated/located in Hong Kong), no min. deposit, web trader. They add Dash.
-Simplefx (not regulated/registered in Saint Vincent & Grenadines), no min. deposit, mt4.
-FxChoice (not regulated/registered in Belize), min. deposit usd 100, mt4.
-Evolve Markets (not regulated/registered in Saint Vincent & Grenadines), no min. deposit, mt4.
-CoinsBank (not regulated/registered in Belize/located in Scotland), no min. deposit, web trader.


where did you get that list from?
Avatrade for example has NO Bitcoin deposit option. they have crypto CFDs. some people confuse things:

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