Forex is one of the best options for those wanting so trade in a safe environment with limited volatility. That's why many of those holding Bitcoin are fleeing to invest their coins in the Forex market. The price of Bitcoin is still highly volatile and many traders are considering other options to invest their Bitcoins.
SimpleFX is a Brokerage company established in 2014 that offers traders the chance to use their Bitcoins or Litecoins to Invest in the Forex Market. Its main advantage is the availability of leverage, allowing traders with small amounts to trade with high volumes. Currently, the company offers a wide selection of trading instruments to choose from and over 60 currency pairs, stocks indices, oil, metals, (XAG, XAU, XPD, XPT), bitcoins and Litecoins with the following pairs: BTC\EUR, BTC\USD, BTC\JPY, BTC\CNY, LTC\EUR, LTC\USD, LTC\JPY, LTC\CNY.
SimpleFX offers 15 base account currencies and up to 1:500 leverage. Traders are also allowed to open Anonymous accounts with no minimum deposits and no trading commission. The company offers a lot of useful information and other tools to help traders achieve their goals.
With leverage, traders will be able to maximize their benefits. With this feature, traders do not need the whole capital to trade, since a small percentage of the whole amount is more than enough. SimpleFX offers traders the chance to set their leverage level to adjust it to their plan and trading strategy. It is possible to set leverage from 1:2 to 1:500.
The company also offers an amazing affiliate program with multi-level infinite connections and marketing tools. It also offers awesome community features such as a Shoutbox to discuss with other traders.
With SimpleFX, you can trade trough MetaTrader 4. The Broker's clients are also allowed to open a demo account in order to practice their skills before entering in real trading. If you are looking to invest your coins in the world markets, you can consider taking a look at SimpleFX and open a demo account to test the platform and your skills.
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Source → Use your Bitcoin to Start Trading Forex with SimpleFX