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Simplefx – Use your Bitcoin to Trade Forex 2016-03-30

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Last Updated: June 11, 2024 7:34 am
2 mins read
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Trading bitcoin seems like an interesting Idea and there hasn’t actually ever been a platform offering that kind of service.  A few years ago, there were no trading Brokers dealing with bitcoins, and you wouldn’t be able to find any other than traditional Brokers who basically offered CFDs trading services. Now that Bitcoin is growing in popularity, it is quietly and slowly changing the way how exchange broker companies choose to operate.

Simplefx is the perfect example of a new breed of business models that trading Broker companies are trying to adopt. SimpleFX is a robust online trading provider, offering trading services on Forex CFDs, Bitcoins, Litecoins, indices, precious metals and more. Besides allowing traders to use Bitcoin to fill their accounts, Simplefx also offers investors the chance to stay anonymous and trade a cryptocurrencies for Fiat on MT4 trading platform. Users don’t need to deposit to open an account and additionally, SimpleFX.com offers a maximum leverage of 500:1, which enables traders to purchase large positions with a small amount of capital.

Simplefx offers a simple interface where traders can easily have access to a lot of relevant information that will help them stay on profit. The company’s mission is to offer simple and transparent trading conditions and help newcomers understand how to trade in international markets. The Broker allows new users to open demo accounts in order to practice before trading with real money. It also offers a diverse range of trade options specially designed to benefit all traders.

In addition to a full set of available securities, Simplefx platform also gives traders the ability to make short-term scalp trading by having a high volume of daily trade environment and the benefits of hedging to longer-term investors are also quite attractive.

Simplefx bitcoin support makes deposits and withdrawals extremely fast, the high leverage (500:1) lets users trade with a small account. The offered margin-call level is 100%, which represents a fairly safe threshold for investment. If you are looking to invest your bitcoins in forex trading, Simplefx is the right place to start.

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