Post
Topic
Board Trading Discussion
Re: Bitcoin traders, why don't you just trade forex?
by
capoeira
on 14/07/2014, 15:30:53 UTC
Right now you have to catch almost 10 US$ price difference just to break even (profits go to commision) on one buy/sell cycle.


it's about $3,50 on fxopen for me

that's 0,5%

on forex it get's as low as 0.0025% (2.5 units of base currency for 100,000 on fxopen's ecn for example)


also spread on forex get's as low as 0,01% (one pip), while in BTC you often have 0,5% spread