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BTrader — Forex Broker

BTrader:

Company: BTrader
On-line since: 2009
Country of origin: Singapore
Regulation: Unregulated
Payment options: Wire transfer, Moneybookers, PayPal and Liberty Reserve
Minimum account size: $25
Minimum lot size: 0.01 lots
Leverage: 1:200
Spreads: 2-3 pips on EUR/USD
Rating:
5.0/10 with 30 votes

Rate broker — BTrader:
Categories: PayPal Forex brokers
Forex brokers with web platform
MetaTrader Forex brokers
Liberty Reserve Forex brokers
Moneybookers Forex brokers
Opinions: See BTrader reviews.

Advantages:

  • MetaTrader 4 and a web-based trading platforms.

Disadvantages:

  • Spreads are rather high.

Click here to open an account with BTrader


Reviews:

7 reviews of BTrader are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts.


Zaheer Khan from India05/17/2010

I have made a deposit in BTrader and on 25th of Apr I have send an withdrawal request and i have not received the funds yet.

Today is 17th of May 2010.

They dont even reply the emails.

If any one know how to make them send me my withdrawal please email me.


Marc Siddle from U.K04/10/2010

Its been pleasure sharing my experience of meta trading 4 platform. In the beginning it is quite difficult and I am resisting to initiate my trades with Meta trader platform but with their highly supportive services they drove away the fear of loosing my money and assured me about the security of capital invested as it s under the supervision of SafeCap Investments that takes care of the traders investment.

Steadily I have learnt about making trades through MT 4 trading mechanism and now I can make trades on my own without requiring any guidance from Btrader team. I use to access the updates of the currency rates and the interest rate differential anywhere through online service or via mobile services of getting market updates through sms service.

I know that most difficult step at these online trading services is the withdrawal of profits but thanks to Btrader they had provided me the online direct transfer support as well using this I can transfer my earned profits easily through my account from anywhere in very short span of time.

I have used the bank wire transfer and with minimum amount of charge of transferring depending on the exchange rates of the banks the amount transacted within ten business days without causing much trouble.


Mohammed Waseem from India03/08/2010

I have an account in BTrader and they freeze the account if u fail to give documents on time.


Moik from Nigeria.02/23/2010

Their spreads are just too wide. Minimum is 3pips,Eur/Usd. But that is when you use their market orders. If you are used to pening or entry orders,run! "Entry orders MUST be 15pips from the market order. That means, in the case of Eur/Usd where their least is 3pips,the actual spread will be 15pips plus 3pips before you can place any entry order. Their web based platform hardly loads charts(too slow). They are very good at evading questions. If you ask them a simple question they don't want to answer, they can ignore you for the next one to two hours till you are bored. Many times I had a chat with them, they bored me out waiting for them to answer a simple questions.The only thing I like about them is easy online registration.


seshadri from Chennai01/12/2010

This is to inform you all, as far as withdrawal is concerned, btrader utmost care and do due diligence up to the satisfaction and validate to ensure 100% accuracy in transfer. Normally, they might receive huge volume to handle, it is natural it goes into regulatory process compliance and verifications before closing all calls for withdrawals which is acceptable practices for ensuring clean transfer to the recipient accurately with confirmations from client perspective. It is handled any senior people of btrader who takes care of the money transfer on withdrawals, so absolutely there is worry for money withdrawals. Btrader is the world best Fx Trader platform one can easily vouch on their capability.


denes sz. from Hungary12/15/2009

Abdul has right in 1 thing: The scalping is absolutely true.. but they only erase those member's positions, whos makin' short 1-2min trades all the time.

but they are paying well. I have account at btrader from the beginning, and my withdraw is been delayed a little bit, but finaly it's arrived in 7 bank-days.

Good company.


abdul adgiani from Turkey12/05/2009

at Btrader, Scalping is not allowed. you have to open positions beyond 3 minutes.. if it’s shorter, and it’s profitable: they will erase the trade one day later. (if you have several scalp)

Be careful with this company.. they dont like the withdrawal too. Too many problems appearing around them, as time goes by.



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