WANTED: Good, reliable, reputable (BTC) broker with good leverage | Crypto Craft

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Attachments: WANTED: Good, reliable, reputable (BTC) broker with good leverage
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WANTED: Good, reliable, reputable (BTC) broker with good leverage

  • #1
  • First Post: Aug 8, 2019 4:48pm Aug 8, 2019 4:48pm
I would want to have a good broker, that is not on the SPOTLIGHT... no problems with deposits, withdrawals...
Provides good leverage, good spread... many ways of payments... CREDIT CARD would be a stretch or pushing it, right
Basically looking something like OANDA but for BTC....

I mean, I had quite some problem finding broker like this for FX... For BTC... similar story... would like to have first-hand experience...
because do not know how "ranking sites" can be trusted... Otherwise might just use this...
https://cryptorunner.com/best-bitcoin-trading-brokers/

So please share some ROCK SOLID broker Or, alternatively... some very attractive one... but not so solid (we would just have to withdraw a little more frequently
Can you afford to take that chance?
  • #2
  • Aug 9, 2019 2:18pm Aug 9, 2019 2:18pm
Your profile says you're in Slovenia, and I know Bitstamp has an office there.

Are you looking to trade CFDs, or spot?

Do you want to withdraw Fiat, or are you cool with depositing/withdrawing only crypto?

Do you care about verifying your identity?
  • #3
  • Aug 9, 2019 4:31pm Aug 9, 2019 4:31pm
Quoting cityRat
Your profile says you're in Slovenia, and I know Bitstamp has an office there. Are you looking to trade CFDs, or spot? Do you want to withdraw Fiat, or are you cool with depositing/withdrawing only crypto? Do you care about verifying your identity?
I am interested in SPOT trading...
I am cool with every form of money... for depositing/withdrawing not the main focus... so yes, cool with only crypto also.. might be even better
Well I do not have problem verifying my identity...

Yeah I know of bitsamp... but the last time I checked it was rather basic.. just looking now, leverage is mentioned.. do they provide it?
I just want some good platform, similar to the ones for FX... so that I can buy/short without problems.. negative balance protection would be nice also...
and option for good leverage... just as an option, might decide later to under-use it or not at all

It might be stupid question to ask for broker.. but believe me.. I had quite some problems finding good brokers that fits me for FX..
So would love to hear some firsthand experience from fellow traders... What works good from deposit to withdrawal... no tech problems.. good spread, leverage etc...
Can you afford to take that chance?
  • #4
  • Aug 11, 2019 1:49pm Aug 11, 2019 1:49pm
And also it would be great, if it would work on the weekends Just tried to trade BTC/USD with octafx... but they do not offer weekend trading.. because (USD) is closed... I have tried eToro.. (virtual atm).. and it works over the weekend, which is nice, but provide only max 2:1 leverage.
Can you afford to take that chance?
  • #5
  • Aug 11, 2019 3:28pm Aug 11, 2019 3:28pm
Quoting auricforecas
And also it would be great, if it would work on the weekends Just tried to trade BTC/USD with octafx... but they do not offer weekend trading.. because (USD) is closed... I have tried eToro.. (virtual atm).. and it works over the weekend, which is nice, but provide only max 2:1 leverage.
And one more (found) feature that would be great to have... Ability to connect/synchronise it with/as TradeExplorer (TE)... That would be additional bonus, so I can publish my trades.. via TE...
Can you afford to take that chance?
  • #6
  • Aug 11, 2019 3:41pm Aug 11, 2019 3:41pm
Quoting auricforecas
{quote} And one more (found) feature that would be great to have... Ability to connect/synchronise it with/as TradeExplorer (TE)... That would be additional bonus, so I can publish my trades.. via TE...

Hello Auricforecas, would be great to know when you find broker you want to. Ill do a research tomorrow, if i find something,ill let you know ,
Take care and keep up the good work
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #7
  • Aug 14, 2019 12:48pm Aug 14, 2019 12:48pm
Quoting SkullCandy
{quote} Hello Auricforecas, would be great to know when you find broker you want to. Ill do a research tomorrow, if i find something,ill let you know , Take care and keep up the good work
Well I am messing with etoro atm It is super retarded setup but ok for big moves at least I am testing octafx but it seems also max 2:1 leverage... which is interesting since they are offering 500:1 for FX... Still searching, while trading in in exchange directly and etoro.. to get a feel... But with those moves... might not even miss the leverage (and what comes with it... stop loses etc. Will let you know for sure!
Can you afford to take that chance?
  • #8
  • Aug 14, 2019 1:02pm Aug 14, 2019 1:02pm
BTW, etoro is not that bad as I though At least for bigger moves... Great plus that it is open on weekends.. For example, octafx seems to be offering the same max leverage, at 2:1... just that you can not trade on weekends, the hell...

Either way.. would like to here your opinion about those..
https://www.bitcointradingsites.net/features/leverage/

Since I would maybe like to trade bitcoin against EUR.. since I believe in a slow eurusd downtrend for the about next 3m... would maybe like the ones that offer BTC/EUR trades.. with not too big spread because of that that is...

Any ideas? Otherwise I will keep you posted about my analysis... just after I make some trades and to estimate what kind of leverage (above 2:1) would I need anyway.. maybe I might be just trading on the exchange... without the extra middleman
Can you afford to take that chance?
  • #9
  • Aug 15, 2019 12:05pm Aug 15, 2019 12:05pm
Sh.. at those spreads.. I might be better trading at exchange directly.. just with bigger deposits Will still to try to test some reliable brokers with good leverage though... Was just comparing spreads at https://bitcoinity.org/markets vs etoro... crazy... If I calculated correctly...
Can you afford to take that chance?
  • #10
  • Aug 15, 2019 2:48pm Aug 15, 2019 2:48pm
Quoting auricforecas
Sh.. at those spreads.. I might be better trading at exchange directly.. just with bigger deposits Will still to try to test some reliable brokers with good leverage though... Was just comparing spreads at https://bitcoinity.org/markets vs etoro... crazy... If I calculated correctly...
I wonder more and more if I should aim for the broker anyway... I mean basically exchanges have like almost zero spread... Will see if I would be needing leverage at all... But would love to SHORT also... So atm if anyone could provide good reliable broker with TIGHT/ZERO spreads that would be great, all other parameters listed here are secondary atm
Can you afford to take that chance?
  • #11
  • Aug 16, 2019 5:08am Aug 16, 2019 5:08am
Quoting auricforecas
BTW, etoro is not that bad as I though At least for bigger moves... Great plus that it is open on weekends.. For example, octafx seems to be offering the same max leverage, at 2:1... just that you can not trade on weekends, the hell... Either way.. would like to here your opinion about those.. https://www.bitcointradingsites.net/features/leverage/ Since I would maybe like to trade bitcoin against EUR.. since I believe in a slow eurusd downtrend for the about next 3m... would maybe like the ones that offer BTC/EUR trades.. with...
Ill hope youll find some thing that suits you on your journey my friend.
Very busy at The momment, didnt had chance for research. Stay blessed and take care
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #12
  • Aug 28, 2019 4:44pm Aug 28, 2019 4:44pm
Quoting SkullCandy
{quote} Ill hope youll find some thing that suits you on your journey my friend. Very busy at The momment, didnt had chance for research. Stay blessed and take care
Ok tested fxpro... yeah the spread is about 0,5%.. which is really painful.. but the leverage is good (up to 20:1), deposits works smoothly.. also the platform.. and it worked with TradeExplorer very nicely... unlike some BTC brokers/platforms when mt4 etc.. is completely out of the question... Tried to test octafx... but couldn't deposit directly via credit card.. but through bank->skrill->octa... which is painfuly long, but ok once you make the deposit... So seems to be close although octa seem to have lower stop-out.. I think that for BTC too, haven't tested it though You can check my live TE.. to see the ballpark of price change -> return.. at maximum account in (exposure)... Not that bad in the the end... cost wise... but I hope this kind of leverage will be sustainable... Tested on etoro also, as I talked before.. and some exchanges... I must say that this testing is painful All the drama, verifying account, checking rules, options, platforms... deposits... blah..

DONE testing now.. will focus on trading, profitability... in time, if that goes well. will I fine-tune, maybe try to find better spread, lower costs etc... leverage seem to be suficient for now... at fxpro... oh yeah, think octa only offers 2:1 for BTCUSD... fxpro does 20:1... which is rather good... I think I would be ok with making 5% outputs per trade... like in this sample trade I have posted for anyone to see... Ok so unless anyone has really better broker with all functions or better.. reliable etc... do not hesitate to tell... in the meantime.. I'll just focus on trading... It is somewhat different now, because I have to be 0,5% right... price change wise.. just to cover the initial costs..

To be continued, I hope...
Can you afford to take that chance?
  • #13
  • Sep 3, 2019 2:17pm Sep 3, 2019 2:17pm
Quoting auricforecas
{quote} Ok tested fxpro... yeah the spread is about 0,5%.. which is really painful.. but the leverage is good (up to 20:1), deposits works smoothly.. also the platform.. and it worked with TradeExplorer very nicely... unlike some BTC brokers/platforms when mt4 etc.. is completely out of the question... Tried to test octafx... but couldn't deposit directly via credit card.. but through bank->skrill->octa... which is painfuly long, but ok once you make the deposit... So seems to be close although octa seem to have lower stop-out.. I think that for...
Just to reply quickly... FxPro seems to be the best all-around broker for BTC trading, for me, for now...
The Spreads are PAINFUL, no doubt about it.. but the 20:1 leverage and overall experience/functions/reliability etc.. pays of, of now! Octa is nice but the leverage is rather "pathetic"... at 2:1... I have to make 0,2% just to cover the spreads.. and at 2:1... it doesn't pay off, at least not for BUYs... might be just easier to make "trades" or "transactions" to be more exact.. directly on (some) exchange... But Octa does seem to have lower spreads... (about 0.2%) vs FxPro (about 0.5%)...
See here https://www.octafx.com/cryptocurrencies/?banners=main https://www.fxpro.com/trading/cryptocurrencies/btcusd

Would love to test more brokers but since realisability and ability to actually pay money.. is important to me... I started with the "known" ones...
Will see how the trading goes and than (re)consider changing the broker if that would appear to be additional/substantial edge..
If anyone else have a good reliable broker with all the parameters I was looking for... Please DO let us know...

I am done testing for now, because I do a full test... with real money, deposit/withdraw... the whole picture.. and it takes time... Can verify those two works great.. You can see sample trade for FxPro in my LIVE TE tradelist... to get the idea how much can you get out (return) vs price difference...

To sum up: FxPro seem to be the CURRENT answer to the REQUEST in the THREAD P.S. With a little PAIN of rather expensive (compared to other markets, fx etc...) spreads... market does move a lot also, still... Ok, that would be that for now Will report after I make some substantial returns and see how that goes... This is the critical time of any broker, specially if one is claiming/withdrawing some 2-digit multiplication-FACTOR on the deposit This is where many separate... Until one is losing money, not much difference among brokers....
Can you afford to take that chance?
  • #14
  • Edited Sep 7, 2019 3:11am Sep 6, 2019 3:01pm | Edited Sep 7, 2019 3:11am
Ok here is the update... I "completed" the circle with testing the brokers... That means.. I made DEPOSIT->TRADING->PROFITS->WITHDRAWAL (deposit+profit)... and here is the summary. You might be glad to see some details...

DEPOSIT/WITHDRAWAL of profits! at broker(s)
From the DEPOSIT to the account, published in my profile... I more than TRIPLED the money.. Made WITHDRAW... It is already in my bank account now... Very fast service by broker, I was impressed... It takes longer to deposit.. Since I had to do bank account->skrill->broker... but made withdrawal account yesterday... went to broker->skrill and then made withdrawal there to bank... already on my bank account... Contrary to the OTHER broker... that has credit card deposits... money is there instantly.. but made withdrawal there... and still waiting the money to appear on the credit card... See more below:

octafx (500:1 at 15% stop; but for BTC it is 2:1 max; spread is about 20 units or about 0.2%, see more yourself)
To tell you the truth.. This "poor" deposit options almost turned me off, but was impressed by reviews.. so thought it had to be worth the trying... Looked fishy almost.. since the only deposit options were/are... Neteller/Bitcoin and Skrill... And! Skrill has the credit card deposit option but you can not use balance deposited with credit card.. to "merchant" aka broker... Something like that, If I understood correctly.. So I deposited to Skrill via Bank account... it took 1 day for money to appear on Skrill which I then deposited to Broker... then traded... Made more than tripled the deposit/balance... Then made withdrawal to Skrill yesterday... and from Skrill withdrawal to bank, yesterday also... Already have the money on the bank account today (1 day after). Was like woot? Yeah it takes 1 day to deposit and 1 day to withdraw.. But it went smoothly, automatically... Which I approve.. Some small fee for skrill if you choose to withdraw to bank... there are other options also.. that I haven't tried yet... like their credit card option... One more thing... octafx does allow to transfer the amounts in decimals (cents) also... so for example, you can transfer 100.50 USD from one internal account to another but you can not withdraw 100.50 USD, just 100USD... which is funny.. checked at support... fxpro does allow that btw...

fxpro... (btw if you want 500:1 at 20% stop-out, be sure to open at fxglobal not fxuk; but for BTC it is 200:1 max, spread is about 50 units or about 0.5%, see more yourself) You can see my sample trade in my LIVE TE for this, in my profile.. I traded at 200:1...
in contrast.. to other accounts... Deposit by credit card was almost instant (couple of hours I think) but made withdrawal yesterday... it took a while to be approved and I still do not have the money on the credit card, contacted support and they said it will take 5-7 days or something.. The hell? To credit card? I thought bank processing will be a (time-consuming) hell... So still haven't received the money.. And I made withdrawal processes at the same time at both brokers...

Hope you got the "complete circle" idea for both brokers... But done testing now... Will focus on trading, make a little money, again, hopefully.. Then will maybe re-focus if there would be additional edge to switch... But not that many with reputation, reliability, somewhat regulation and all the features I wanted... So done testing until it would appear otherwise...
Can you afford to take that chance?
  • #15
  • Sep 7, 2019 5:17pm Sep 7, 2019 5:17pm
Quoting auricforecas
fxpro... (btw if you want 500:1 at 20% stop-out, be sure to open at fxglobal not fxuk; but for BTC it is 200:1 max, spread is about 50 units or about 0.5%, see more yourself) You can see my sample trade in my LIVE TE for this, in my profile.. I traded at 200:1... in contrast.. to other accounts... Deposit by credit card was almost instant (couple of hours I think) but made withdrawal yesterday... it took a while to be approved...
Ok, just a quick update... received money from fxpro also... Still good timing, but will see (maybe) what happens at larger (profit) withdrawals , all ok for now.
Can you afford to take that chance?
  • #16
  • Sep 8, 2019 7:12am Sep 8, 2019 7:12am
Quoting auricforecas
And also it would be great, if it would work on the weekends Just tried to trade BTC/USD with octafx... but they do not offer weekend trading.. because (USD) is closed... I have tried eToro.. (virtual atm).. and it works over the weekend, which is nice, but provide only max 2:1 leverage.
RoboForex allow BitCoin trading during weekends.. they are good.
Meditate -> Workout -> Good Food = Good Life!
  • #17
  • Sep 8, 2019 7:16am Sep 8, 2019 7:16am
Quoting auricforecas
{quote} Just to reply quickly... FxPro seems to be the best all-around broker for BTC trading, for me, for now... The Spreads are PAINFUL, no doubt about it.. but the 20:1 leverage and overall experience/functions/reliability etc.. pays of, of now! Octa is nice but the leverage is rather "pathetic"... at 2:1... I have to make 0,2% just to cover the spreads.. and at 2:1... it doesn't pay off, at least not for BUYs... might be just easier to make "trades" or "transactions" to be more exact.. directly on (some) exchange... But Octa does seem to have...
> FxPro seems to be the best all-around broker for BTC trading, for me

---> I dislike the artificial spikes they generate during closing (5 pm NY) to hit the SLs.. They do this almost everyday..
Meditate -> Workout -> Good Food = Good Life!
  • #18
  • Sep 8, 2019 12:21pm Sep 8, 2019 12:21pm
Quoting auricforecas
fxpro... (btw if you want 500:1 at 20% stop-out, be sure to open at fxglobal not fxuk; but for BTC it is 200:1 max, spread is about 50 units or about 0.5%, see more yourself) You can see my sample trade in my LIVE TE for this, in my profile..
huh made huge mistake there... max leverage at fxpro (global) for bitcoin (BTC) is (only) 20:1! 200:1 is for gold and 500:1 for eurusd, for example... You could see that also from my TEs (TradeExplorers) in my profile, but still, wanted to correct the mistake here...

Leverage:
FxPro GM Limited
<50,000 USD at 1:20
>50,000 USD at 1:10

FxPro UK Limited
<50,000 USD at 1:2
>50,000 USD at 1:2
More at: https://www.fxpro.com/trading/cryptocurrencies/btcusd
Can you afford to take that chance?
  • #19
  • Sep 8, 2019 12:37pm Sep 8, 2019 12:37pm
Quoting YellowFellow
{quote} RoboForex allow BitCoin trading during weekends.. they are good.
Tnx man! Seems very good.. 50:1 leverage! I take it stop-out is 20% as seen here in general? https://www.roboforex.com/forex-trad...ding-accounts/
I see that for BTC it is 50:1 leverage, here https://www.roboforex.com/forex-trad...o-stan/BTCUSD/
But not seeing stop-out level.

Btw crazy leverage (up to 2000:1) for other pairs So will test it maybe, looks good... But will have to review further since it is basically unregulated, aside of IFSC?
Hope everything is ok when withdrawing the profits etc... Any experience there, all goo?

Quoting YellowFellow
{quote} > FxPro seems to be the best all-around broker for BTC trading, for me ---> I dislike the artificial spikes they generate during closing (5 pm NY) to hit the SLs.. They do this almost everyday..
Yeah I hear you, will check in time about this.. If that would be the only bad side, maybe we could price it in, so to not be in the position at that time... It might also not be intentional, maybe many traders close positions at/before that time? Fxpro is very known name, I doubt they would make fake charts, but I do not exclude anything since I have seen many things, at different brokers, even (much) regulated ones
Can you afford to take that chance?
  • #20
  • Sep 8, 2019 8:24pm Sep 8, 2019 8:24pm
Quoting auricforecas
{quote} Tnx man! Seems very good.. 50:1 leverage! I take it stop-out is 20% as seen here in general? https://www.roboforex.com/forex-trad...ding-accounts/ I see that for BTC it is 50:1 leverage, here https://www.roboforex.com/forex-trad...o-stan/BTCUSD/ But not seeing stop-out level. Btw crazy leverage (up to 2000:1) for other pairs So will test it maybe, looks good... But will have to review further since it is basically unregulated, aside of IFSC? Hope everything is ok when...
Yea, good with withdrawals, I used webmoney.
Meditate -> Workout -> Good Food = Good Life!
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