SimpleFX

[Mike Cautillo]

Hi.....does anyone use the SimpleFX broker advertised on this site for trading. If so, can you please share your experience??

Thanks,
Mike

[bitcoinmarkets]

I've used SimpleFX for a while now, they're pretty reliable as a way to use bitcoin to trade world financial markets.

The only thing you have to watch out for is that they widen the spread between the Bid and Ask significantly in times of volatility, so you have an order that you expect to be filled but it doesn't because of the spread. But that's standard with "bucket shops".

But otherwise it's nice to use MetaTrader software with it, so it's a good solution

[kingscrown]

If you want to register heres my aff link: https://simplefx.com/?sfx-r=240c6348-8d ... f021d95b4c

better get get me beer than pay 100% to company

tip: you need to use MetaTrade4 to trade there.

[Mike Cautillo]

Thanks....I will need to do further diligence. Looks like they're leverage and margin requirements are quite high. Be careful as this can spiral your downside real fast if you do not utilize proper risk management protocol. Stops are your best friend and hopefully not too much slippage either...liquidity concerns.