Post
Topic
Board Trading Discussion
Re: Forex brokers with Bitcoin as funding option
by
melissacarter
on 03/02/2022, 12:33:40 UTC
No don’t use any of those brokers. You will never see your money ever again. They are known as bucket shop brokers and they don’t trade on the open markets. When you open a trade you are trading against them, and only way you make money is if they lose money. And they will use every excuse in their terms not to pay out.

Use a real broker like Binance or FTX. You are trading against other traders there and the exchange doesn’t care if you win or lose. They only get paid with their commissions.

Do you have experience with any of these brokers? They all are non dealing desk brokers which are considered best for the fact that they don’t manipulate your trades or don’t take counter position. Furthermore, they also charge their fees in spreads and commissions just like Binance and FTX.