Re: [ANN] SimpleFX.com - forex broker with BTC and LTC crosses and 1:500 leverage
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Hello,
Thank you for a review of our platform and service, we will take under consideration all of your notes.
- Withdrawals are indeed processed manually which can take max up to 24h. Waiting period depends mostly on the time of day in which the request was made and on the number of requests waiting in the line to be processed.
- Low liquidity may be an issue sometimes since we rely on a single exchange, but this is about to change because we are finishing tests of a new solution, so stay tuned
also, it is just my opinion, but I am fine with a single LP, multiple are also ok, so long as they are all using the bitfinex platform. if I have to trade on a blended product then I would be forced to watch multiple exchanges, which would make the task of trading more annoying.
so please do not attempt to integrate multiple platforms into one product. it would be annoying to recode my software to account for multiple platforms while trading. it is simple enough to simply watch bitfinex on trading view or bitcoin wisdom as is, multiple exchanges would mean I would have to screw anther monitor to the wall. and I already have to watch korbit ad bitstamp for irregularities, let alone needing to watch them for minor fluctuations every minute.
if your current LP is content playing 'spread games' like boxing etc.. or if he just wants to manipulate the bid/ask at s/r ... I can live with that minor annoyance.
volume is already annoying but its ok... I can always look up the volumes elsewhere and inject into MT4 indicator.
and it should be noted your 'normal' fx pairs seem to work fine. volume works as intended (that is , its not normal volume but ticks per bar) and the updates were very fast. xauusd updates like it would on any other broker.