Post
Topic
Board Trading Discussion
Re: trading Forex with Bitcoin deposit/withdraw
by
Nicolas Tesla
on 19/11/2017, 11:19:01 UTC
Thanks all,

I have account with FXopen, FXchoice and Evolve.

With FXchoice I had a problem when withdrawing 2.7 BTC the transaction got "lost" so I needed chat to support saying that the BTC transaction wasn't sent (but the MT4 account was emptied). After speaking for 20 min or so with them they decided to send my BTC.

Maybe a bug but anyway it was a worrisome experience but the support was reactive and nice.
Great they ZERO swap on BTC pairs and OIL !!! Very competitive.

That said I feel uneasy to trust them with 18 BTC at once...

With Evolve: had no problem to withdraw 2.5 BTC but need wait up to  24 hours before they finally send you money ! quite worrisome TBH.
Always fear they run out with the BTC. But good broker overall.

Auto withdraw with 2FA or so will boost confidence from traders IMO.

The last one FXOpen seems good but have crazy swaps (18 % APR if I recall) I saw they open "Muslim account" (swap free) I wonder if you need to be Muslim to get that kind of account. As a swing trader (I prefer catch mid and long term trends) SWAP are a no go for me.

As a victim of Btc-e recent raid by FBI and got through nearly anal probe to get back my money (I still think it was tentative of scam using the KYC procedure as excuse) I have lost nearly all trust in custodial service especially random bucket shop like that.


TDLR: The crypto currency space lack severely of reliable MT4 solutions with BTC as base currency, hope it change in the future.