Simplefx – The Simplest Way to use Bitcoin in Forex Trading

Guest Author | August 15, 2016 | 7:18 am
Simplefx
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Simplefx – The Simplest Way to use Bitcoin in Forex Trading

Guest Author | August 15, 2016 | 7:18 am

Forex trading has long been the safe haven for Bitcoin investors to protect against the Bitcoin volatility. The forex trading industry is very attractive when it comes to volume. It is the most active trading industry, so it has been the first choice for Bitcoiners when it comes to protecting against volatility.

Nowadays, there are a lot of Forex Brokers accepting Bitcoin, but not all of them are a perfect choice. So, when choosing a Broker to put some Bitcoin on it, investors need to be sure that it is perfectly safe and that the platform is in fact, a trusted one.

Simplefx is one of the most used Forex trading platforms in the Bitcoin ecosystem, and one of the first choices for Bitcoin holders wanting to start their forex trading activity.

SimpleFX is a brokerage company established in 2014. Its main advantage is the availability of such trading instrument as bitcoins. Simplefx offers a wide selection of trading instruments to choose from: over 60 currency pairs, stock indices, oil, metals (XAG, XAU, XPD, XPT), bitcoins and litecoins (BTCEUR, BTCUSD, BTCJPY, BTCCNY, LTCEUR, LTCUSD, LTCCNY, LTCJPY).

The platform also lets you trade through MetaTrader 4. The broker’s clients are allowed to open up to 5 live trading accounts and 5 demo accounts. SimpleFX also offers live accounts for bitcoin traders – BTC and a standard trading account.

Simplefx lets you start trading with no minimum deposit and offers unique Bitcoin account options:  anonymous/no identity verification required/no minimal deposit/no charge for deposit and withdrawal/high leverage from 1:100 to 1:500/ market is open 24/7, with a lot of deposit and withdrawal options such as Bank Transfer, Neteller, Skrill, Bitcoin, Credit Cards, WebMoney.

Simplefx also offers no ID verification and no rejection in account registration. The coolest thing about using a bitcoin account is that withdrawal is fast as the deposit, no minimum amount, and no transaction fees. I can receive my money in my bank account from 5 minutes to 2 hours after processing withdrawal.

Simplefx is probably the most suited Forex Broker for Bitcoin users. If you plan to start trading forex by using your bitcoin, Simplefx is surely the best Broker for you!

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NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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