Search content
Sort by

Showing 3 of 3 results by cbtrade
Post
Topic
Board Trading Discussion
Re: trading Forex with Bitcoin deposit/withdraw
by
cbtrade
on 29/09/2020, 15:59:13 UTC
The isssue i have with some of these brokers are they allow deposit with bitcoins but the dont allow withdrawal with bitcoin so its important to check very well so ypu wont get stucked while making a withdrawal

which broker are you talking about. normaly the opposite  is the case.

Brokers like XM and IC markets

I just cheked IC Markets: https://www.icmarkets.com/sc/en/trading-accounts/withdrawal
it's just a fake "Bitcoin Accepted" since they use Skrill to recieve those in $s

use brokers for the list in this topic
Hi
What do you think about SimpleFX (there are strange reviews on Forexpeacearmy and their rating is now below 2..),
XBTFX (good rating on forexpeace)
ClickTrades (also good rating)

no problems with SimpleFX here. I'm aware of the bad reviews, but they always withdraw and i have never had any trading issues. SimpleFX is the biggest of the BTC brokers and its possible you hear more reviews from users with problems while the users with no issues are not reporting to the reviews.

ClickTrades - never heard of them. Name sounds odd i probably will not check them lol. I'm still using xbtfx a lot i would say they are on par with simplfx but are more serious traders and have mt5. Sfx has a casino feel to it and mt4 is getting limited. cant explain it but its fine .
Post
Topic
Board Trading Discussion
Re: trading Forex with Bitcoin deposit/withdraw
by
cbtrade
on 29/07/2020, 12:57:40 UTC
I am running arb/hft programs, has anyone tried this with any of these brokers with success? i checked some on the list and they have arb clauses in their terms which means, those ones are the bucket shops with no real market and likely to add fake delays to execution to prevent profits. Has anyone had any success getting profits paid with short term gains from any of these brokers? ideally looking for one that has btc or eth deposit


I general you have to look for ECN or STP accounts for this kind of trading.


i will say, my arb these past few months did not have good results. I think i believe now arb is a waste of time and none of the retail brokers like this type of trading. SFX did not profit, EM had slow execution,  xbtfx has an stp feature and i ended up break even on that in the end slightly down with fees. moving on to other trading strategies . Also, no general issues with any of those brokers . I think no or little kyc with crypto is better than normal fx

are you arbitring CFDs?


I mix it up, arbed DAX mixed other fx pairs. CFDs are the best arb results if execution is fast but 99.9% of the time the broker reverse the trade and say there was an error with the LP or i violated arbitrage policy etc etc.
Post
Topic
Board Trading Discussion
Re: trading Forex with Bitcoin deposit/withdraw
by
cbtrade
on 25/07/2020, 14:36:24 UTC
I am running arb/hft programs, has anyone tried this with any of these brokers with success? i checked some on the list and they have arb clauses in their terms which means, those ones are the bucket shops with no real market and likely to add fake delays to execution to prevent profits. Has anyone had any success getting profits paid with short term gains from any of these brokers? ideally looking for one that has btc or eth deposit


I general you have to look for ECN or STP accounts for this kind of trading.


i will say, my arb these past few months did not have good results. I think i believe now arb is a waste of time and none of the retail brokers like this type of trading. SFX did not profit, EM had slow execution,  xbtfx has an stp feature and i ended up break even on that in the end slightly down with fees. moving on to other trading strategies . Also, no general issues with any of those brokers . I think no or little kyc with crypto is better than normal fx