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Re: [ANN] SimpleFX.com - forex broker with BTC and LTC crosses and 1:500 leverage
by
fuzzbuzz
on 23/06/2015, 05:51:35 UTC
We use biggest Bitcoin exchanges as our liquidity providers and I think this is our advantage - liquidity from few exchanges in one place. We are also a forex broker and bitcoin accounts are just a small part of our offer.

If you use the biggest bitcoin exchanges for liquidity wouldn't the spread be small?
Your prices below

Ask at 246.52
Bid at 245.14
Spread =  1.38 USD

Bitstamp spread about 0.03 USD - https://bitcoinwisdom.com/markets/bitstamp/btcusd
BTCE spread about 0.10 - 0.50 USD - https://bitcoinwisdom.com/markets/btce/btcusd
Bitfinex spread at 0.01USD - https://bitcoinwisdom.com/markets/bitfinex/btcusd

That would imply you have a poor liquidity connection and you are not connected to the biggest exchanges.

What exchanges provide your BTCUSD liquidity?