Its going to be a very hard decision to make for the brokers because there is uncertainty in the price of bitcoin, if the price goes up then you are good but if the price doesn’t then they are running at a loss I think they would consider that before allowing bitcoin deposits or withdrawal

Wow! it seems that SimpleFX has been steadily gaining a prominent place among the Forex brokers involved in the cryptocurrency market. I see a special enthusiasm in SimpleFX for attracting new traders by giving many facilities for the potential investors.

For my part I have been quite loyal to Etoro and Instaforex over the years in the subject of Forex Trading (although in this thread these brokers have not deserved any confidence). While I recognize their laudable efforts to get involved in the crypto market, their efforts have still been very hesitant. Etoro already has six cryptos and just this September 3 added an addendum to its terms of service by which the trading of cryptos is already real and direct, being etoro only an intermediary. In this way they stop charging the fees they used to charge when implementing the trading of cryptos as CFDs.

In the case of Instaforex, they have just included Ripple among its crypto options (BTC, ETH, LTC and now XRP), but always as CFDs, with very expensive spreads, inefficient platform and high commissions. Nothing advisable for trading altcoins.

Etouro is not listed because they don't work with crypto deposits/withdraws

Instaforex is marked as scam by ForexPeaceArmy: http://www.forexpeacearmy.com/forex-reviews/4257/www.instaforex.com

I believe that you and hundreds never had problems. and we all know that ratings are problematic in the finance world. that's actualy the reason why I decided that FPA is the most trustworthy. that doesn't mean that they are always right. At the end, everybody has to do their own research and expirience.

Regards

I use to trade a lot on SimpleFx, and their fees are low, so anyone can trade in there, it is almost free to trade if i am not wrong, and their website looks very good, but they have some fees if you are looking to let a position opened for some days.
Whaleclub is a good broker too, but it has the highest fees of all the brokers that i used, more than 0.0003 BTC a day if you are going to let a position opened for some days.

any big withdraw from simplefx?? 5-10 btc? any problem??

Hello, capoeira. I need your advice. With many brokers on your list. What broker would you recomend for me? I have long and familiar with forex trading using USD. And now interested in trading forex using bitcoin (because i have btc in wallet that never used). Thanks, maybe you can send via PM.

Thanks for your advice and understanding, capoeira. I've joined FxOpen since 2012. Will try myfxchoice to empower my btc.

that sucks, but you should post this on their topic here in the forum so that you can discuss it and even find other people affected