Oct 22, · For one, many forex brokers have started accepting deposits in Bitcoin, which is the most well-known type of cryptocurrency. In this article, Fair Forex shares a guide to depositing Bitcoin for currency trading to help forex traders decide if this payment method will work for them. An Introduction to . rows · Here you can find the list of Forex brokers that accept payments via bitcoinlife24.den is an . That’s why they need Forex brokers accepting Bitcoin or other cryptos as payment options. There are some other examples from other countries where Forex is somehow illegal but the rules are gray and there isn’t a solid tax system so people tend to use Cryptocurrencies. Avoidance of Document submission.
Forex brokers accepting bitcoinsTop 15 Best Forex Brokers That Offer Bitcoin (BTC/USD) Trading
Bitcoin has been under the spotlight for some time and finally some brokers have started to accept BTC as a valid payment method. However, the base currency of a trading account will not be in BTC, so a conversion to USD or another broker supported currency will have to happen, and when withdrawing it there is a huge change of fluctuation.
Therefore, you could profit or lose by simply depositing and withdrawing bitcoins. Forex Trading School Courses. Novice Level Courses. Advanced Beginner Level Courses. Competent Level Courses. Proficient Level Courses. Bitcoin is not an exception and when you deposit and withdraw, fees are charged. This is the explanation of Blockchain about the fees that are charged:. However, there are some forex brokers that reimburse the fees of deposits and withdrawals. They do that as the bonus they provide to their clients — none in the table means that.
Thank you. Have you used any of these services personally? If so, which do you recommend most and why? During my trading career, I used all of them but Grand capital and Liteforex. Picking a broker depends on many factors such as your country, your trading strategy, your deposit amount, and some others. Some of them are slightly better than others in that case.
Save my name, email, and website in this browser for the next time I comment. Skip to content. You'll See in This Article:. My name is David and I've been in Forex Market since I created this site to convey my experience and try to help forex traders to make better decisions.
Etoro is the latest among Forex brokers to make a foray into offering trading with Bitcoins. They offer CFDs. However, this site is not recommended for day traders as traders can enter and exit trades only up to four times in a day.
This broker uses Bitstamp as data feed for price references. It is to be noted that they do not accept US clients. The leverages offered are and , respectively.
For both the contracts, data feed used is from BTC-E. Ava Trade does not allow weekend trading. This is a drawback for traders as they cannot take advantage of the fact that Bitcoins can be traded on all 7 days of the week unlike currencies. Ava Trade does not accept US clients. Instaforex has recently introduced the facility of trading in Bitcoins to its clients. The leverage offered by the broker is There is no actual delivery of the cryptocurrency during trading. The gains are accrued from the rate fluctuations of Bitcoins.