Bitcoin is an online virtual currency (abbreviation "BTC").No banks carry Bitcoins and there is no centralized exchange for Bitcoin.Everyone can buy/sell bitcoins on the network.The processing of Bitcoin transactions is done via peer-to-peer online technology and is managed by dedicated Bitcoin servers, so that each time they communicate, they update and share information about the amount of bitcoins owned by each user.Bitcoin is accepted along with physical currencies around the world, including online trading./ Bitcoin has entered Forex trading not so long ago.Currently there are few brokers who accept Bitcoin for trading and deposits/withdrawals.The list of Forex brokers that offer Bitcoin trading There you can also watch the video, which explains further about Bitcoin: 1Broker - offers BTC/USD trading AvaTrade - offers Bitcoin CFD Trading Bit4X - allows trading Bitcoin CFD1000 - offers Bitcoin trading on MT4 & Sirix Station eToro - allows Bitcoin CFD trading Forex.ee - allows trading Bitcoins, Litecoins, Peercoins and other popular cryptocurrencies JustForex - Bitcoin trading accounts available from $10 FX Choice - allows trading Bitcoin Nova FX Trading - Bitcoin & Litecoin trading is available Plus500 - offers BTC/USD trading SimpleFX - allows Bitcoin & Litecoin crosses trading VenetFX - allows Bitcoin trading on MT4 The list of Forex brokers that accept Bitcoin deposit/withdrawal 1Broker - accepts deposits and withdrawals in Bitcoin Bit4X - accepts deposits and withdrawals in Bitcoin CFD1000 - accepts deposits and withdrawals in Bitcoin Forex-Metal - accepts deposit and withdrawals in Bitcoin FX Choice - accepts deposits & withdrawals in Bitcoin FxOpen - accepts deposit/withdrawal payments in Bitcoin, Litecoin and Namecoin FXPRIMUS - accepts deposits & withdrawals in Bitcoin Instaforex - accepts deposits & withdrawals in Bitcoin JustForex - Bitcoin deposits & withdrawals LiteForex - accepts deposit and withdrawals in Bitcoin Nova FX Trading - Bitcoin deposits and withdrawals are accepted Profiforex - Bitcoin deposits and withdrawals are accepted SimpleFX - Accepts deposits & withdrawals in Bitcoin and Litecoin Traders Trust - accepts deposits in Bitcoin Trader's Way - accepts both deposits & withdrawals in Bitcoin - accepts deposits in Bitcoin VenetFX - accepts deposit and withdrawals in Bitcoin Other Bitcoin platforms and service providers Atriol - Bitcoin trading and exchange.

Belfrics - platform provides a market place for individuals looking to buy and sell Bitcoins.BTC-e - serves as a platform for individuals interested in buying and selling Bitcoins and Litecoins CEX.IO - platform for Bitcoin Exchange (buy Bitcoin for USD & EUR) Coinsetter - Bitcoin exchange for firms and individuals.bitcoin codigo fuenteKraken - professional trading platform for Bitcoin and other math-based currencies.bitcoin machine sydneyWhaleclub - use Bitcoin to trade Cryptocurrencies, Forex, Metals, Stocks There are 2 other new names on the market for decentralized Internet currencies: - one is called "Litecoin" (Litecoin Wiki) - the other is "Namecoin" (Namecoin website) both are based on the Bitcoin protocol, but with own unique features.ethereum cold storage

As they gain popularity, we'll be covering them in greater details.The legality of Bitcoin varies by country: from being accepted to being completely banned.aud bitcoin walletFor example, Bitcoin is legal in Australia, Canada, New Zealand, Hong Kong, Cyprus, United States and United Kingdom.bitcoin complex mathAnd it's not legal in Russia, Indonesia or Bangladesh.50 mh/s bitcoinThe whole list of countries who legalized and prohibited Bitcoin can be found at: Wikipedia's Legality of bitcoin by country FXCM has created extended guide about Bitcoin history, usage and current trends: | All Rights Reserved Do you know another Bitcoin Forex broker?mybb bitcoinPlease suggest by adding a comment below.bitcoin conference 2015 hong kong

Want to Trade Bitcoin?ForexNews RecommmendsClick Here To Learn More.  has a bitcoin CFD based on BTC-E’s price feed.The spread usually ranges around $7 or 1.43%.litecoin linux clientNo minimum deposit is required to open an account, plus the company currently has an offer for $25 free, no deposit required.Plus500 doesn’t have a MetaTrader 4 option.The current maximum leverage for opening a bitcoin position is 17:1.After opening, the required margin to keep that position open is 3% or around 33:1.You can read the rest of the terms for Plus500 Bitcoin CFD here.The conditions for the CFD on offer are subject to change.During the massive bitcoin rally in November 2013, the company lowered the maximum leverage from 20:1 all the way down to 1:1.The move wasn’t that unusual for the time period as the exploding volatility caused several other forex brokers with bitcoin CFDs to implemented similar restrictions in a bid to lower their increased risk exposure.

If you decide to gain exposure to bitcoin through a CFD, keep in mind that the provider of the instrument may change the terms at any time.Plus500 is well regulated by UK’s FCA (Financial Conduct Authority) and Australia’s ASIC (Australian Securities and Investments Commission).No US clients are allowed, USD deposits are accepted.BitStamp is currently the bitcoin exchange with the largest trading volume, according to BitcoinCharts.You can buy bitcoins for US Dollars (USD) or sell your bitcoins and get USD.At BitStamp, you can only trade the BTC/USD; the exchange doesn’t offer any other cryptocurrency pairs.If you deposit Euros, for example, the funds will be converted into USD before being deposited to your BitStamp account.There is no minimum account size and no leverage is offered.There is no shorting capability.US clients are accepted and the exchange does accept wire transfers in US Dollars.BitStamp isn’t regulated.For bitcoin only businesses this isn’t uncommon, as the industry is still very new and regulations have yet to be drawn up by the relevant authorities.

The company is registered in the United Kingdom and complies with UK Anti-Money Laundering and Know Your Customer Laws.BTC-E is likely based in Bulgaria, although no proof of registration has been offered by the anonymous owners.While the exchange is somewhat of a black hole, it does seem to be working, for now, without any major problems.It is currently the second bitcoin exchange by trading volume, according to BitcoinCharts.BTC-E offers two types of accounts; a main exchange account and a MetaTrader 4 (MT4) account.The main exchange account offers no leverage and no shorting capabilities.The MT4 account is a lot more versatile.In order to fund your MT4 account, you have to use US Dollars.If you own bitcoins or other cryptocurrency, you first have to sell it for USD on your exchange account and then use the dollars to fund your MT4 account.In addition to bitcoin trading, BTC-E also offers three other virtual currencies in its MetaTrader Option: Litecoin, Namecoin and Peercoin.The fiat currencies on offer are USD, EUR, and RUB.

The cross-mixing of these six currencies leads to a total of 11 cryptocurrency pairs on offer.All pairs can be shorted and a maximum of three to one leverage is offered, although you can opt-out for a smaller risk profile when creating your MT4 account.According to their site, AvaTrade is a forex broker registered in Ireland and regulated by the Central Bank of Ireland.The minimum deposit to open an account is $100.00.You can use the same forex account to trade digital currencies.The company currently offers CFD trading in Bitcoin and Litecoin.AvaTrade offers a maximum of 20 to one leverage for trading these virtual currencies, although the downside of that are the higher spreads.While the broker doesn’t charge a commission like BTC-E, AvaTrade marks up their spreads by $6.00 over the current market price as compensation.Thus, the overall cost to trade is around two to three times higher when trading the BTC/USD pair compared to BTC-E.The CFD, with the 20:1 leverage, expires on Friday.

The rolling contract expires monthly and can only be traded with a maximum leverage of 2:1.You can find out more details about their CFD offers here.One of the main drawbacks of AvaTrade is that you can’t trade on the weekend.All other bitcoin exchanges/brokers are open during this time window.This can lead to missing major moves as trading on all other venues continues unabated.Currently, AvaTrade does not accept US clients.However, deposits in US Dollars are possible.FXOpen is a well-known name in the forex market.The FX broker is registered and regulated in New Zealand.The firm follows standard AML and KYC laws, like most regulated forex brokers.FxOpen offers a variety of different funding and withdrawal options that a lot of the bitcoin only exchanges don’t have.These include debit cards, credit cards, Skrill, Neteller, and Payza.In addition, the company also accepts three cryptocurrencies for deposit and withdrawal; Bitcoin, Litecoin and Namecoin.FxOpen offers a specialized MT4 Crypto Account.

The minimum deposit is $10.00.The fee per side is 0.25% of the base currency.The crypto account is identical to BTC-E’s MT4, which is not surprising considering that the Bulgaria-based exchange partnered with FxOpen a few months ago and used their technology to kick-start their MT4.As an added bonus of opening an account with FxOpen, you can trade 50 forex currency pairs.You can also easily transfer funds before your forex and crypto trading accounts, although this process can take a few hours and carries a charge of $1.00.BTC.SX is dually registered in Singapore and the United Kingdom.The company is somewhat unique as it is a bitcoin only business; no fiat deposits are possible.The leverage offered is 10 to one.The exchange uses the BitStamp price feed and marks up the spread.You need a deposit of at least 0.01033 of a bitcoin in order to be able to trade at BTC.SX.At current bitcoin prices of $600.00, this amounts to around $6.00.BTC.SX has restrictions that can make trading with leverage very problematic.

For one, the exchange doesn’t allow the stop-loss to be moved after entry.There is a trailing stop-loss option but despite my best efforts, I couldn’t make it work.In addition to this, BTC.SX has a high roll-over fee that makes holding trades ‘’overnight’’ costly.For a 1,000 USD position, expect to pay around $6.00 to $9.00 per day.The good thing about the overnight fee is that it’s charged on a rolling 24-hour basis, not at a specific time of day, allowing for some leeway when exiting the position.No US Dollar deposits are possible at BTC.SX but US clients are accepted.The minimum deposit to open an account with Etoro is $50 (or $500 is you decide to fund your account by bank wire).Trading bitcoins at Etoro has severe restrictions.The CFD on offer is tied to BitStamp’s price feed but you can only enter and exit the market 4 times per day at fixed times.In addition to this, you can not trade on the weekend as the market hours for the bitcoin CFD are from 0:00 on Monday to 18:00 on Friday.