SimpleFX Review

SimpleFX is an online trading company based in Kingstown, Saint Vincent and the Grenadines.The system is not concentrated on any specific market, but it runs under the legislation of the United Kingdom.

It is a robust online trading provider, offering trading with Forex CFDs on Bitcoins, Litecoins, indices, precious metals and electricity. It is among the top trading platforms for cryptocurrency users as it features a total of 60 currency pairs.

Establishing an account is very easy, you can either enroll through social login or with an email address. SimpleFX understands the demand for anonymity and enables allow fully anonymous trading for Bitcoin. The company provides for special accounts called Specific Bitcoin Account. These accounts provide users with specific exemptions, like a zero deposit feature, as well as zero cost for withdrawals and deposits, leverage out of 1:2 to 1:500 and a 24/7 open marketplace, in addition to complete anonymity.

SimpleFX is a good choice for short-term cryptocurrency investors, needing to take advantage of the market volatility, with no need to confirm their identity or pay any fees. Long-term places are billed usurious swap prices, making it unviable for any serious trading.

There are various features like market news, opinion data and an assortment of tools for specialized analysis along with a chat for community support by which dealers can meet and follow each other, which the platform offers to help traders make better trading decisions. There are many other professional features available at SimpleFX including margin trading, leveraging, stop loss.

Security comes in various levels. 2FA may be configured to include another layer of protection to client accounts. Bitcoin funds are stored in cold pockets, with more than 10 percent of their total BTC held by SimpleFX within their wallet at any time. SimpleFX lets traders have a completely free hand by allowing them to add any particular tool to their favorites. It also supports them farther by making available all the appropriate info regarding CFD or currency pairs, including swap rates if applicable, contract sizes, margin requirements and much more.

As bitcoiners use forex market to protect themselves from bitcoin volatility, there are many forex brokers that deal from cryptos. Nevertheless, it has been SimpleFX‘s specialist trading environment and the largest leverage option available on the market, which makes it the primary option for the majority of the traders dealing in cryptocurrency.

Hodly Review

Hodly is a new cryptocurrency wallet, which is owned by IQ Option, a reputable binary options and forex broker, which is regulated by the Cyprus Securities and Exchange Commission (CySEC). This brings a lot of credibility to the project.

The user interface at Hodly is very simple and attractive to newcomers, and huge emphasis is placed on the convenience of their mobile app.

Hodly offers two-factor-authentication (2FA) and cold storage for security measures. 2FA means you can link your account with your smartphone, and a manual verification will be required. Cold storage means a majority of the users’ coins will be held in offline wallets, which makes them more difficult to access in case of a hack.

The multiple payment options and currencies (both fiat and digital) of Hodly looks very attractive. It currently accepts deposits via Credit Card, Skrill, Netteler and Webmoney, while most companies only either support credit cards or bank transfers (or only offer crypto-to-crypto trading). Furtthermore EUR, USD, GBP, RUB are the fiat currencies that can be stored in your account.

Hodly will probably continue integrating more and more altcoins. At the moment the supported ones are BTC, ETH, XRP, BCH, LTC, ETC, BTG, ZEC, OMG, NEO, OTN, XLM, TRX, DASH and QTUM.

The minimum transaction is 10 dollars. Basically everybody can buy a real portion of a Bitcoin.

Hodly is not a place where you can speculate with Bitcoin. It is where you HODL your long term investments. In case you are looking for a short term trading solution, some forex brokers (like IQ Option themselves) also provide crpto.

Coin Crowd & UCI Review & Explanation

This one is quite new and a little complicated, and I’ve had a few questions, so I thought I’d try to explain it all in big picture terms…

CoinCrowd is a social & business network platform for people involved in crypto currency and totally free to join and use.

It offers the same features, functions and tools that most other social network platforms offer. It is open to anyone… from total beginners to experienced veterans involved in the crypto currency world. It has a lot of value as an information/education platform, plus there’s the business networking and built-in advertising benefits, plus a whole lot of stuff I haven’t had a chance to really explore yet.

Plus you can earn CREDITS for pretty much any activity on the site. Think of it as earning a credit every time you like, share, reply, post, comment etc.. probably not for everyone, but if you’re active on the site you will accrue credits quite quickly.

You can also earn them VERY quickly by referring new members… 100 credits per referral!

And those Credits can be converted to Shares in the Parent Company, United Captial Investments (UCI)

CoinCrowd is owned by UCI, a private equity investment company specialising in crypto and related technologies. Basically they invest shareholders funds into various projects… particularly ICOs… and if the project makes a profit, this is returned to shareholders as dividends.

 

So the relationship here is quite symbiotic…

CoinCrowd will be used to help promote selected projects that UCI has partnered with… generating profits for their shareholders…

And all CoinCrowd Members are shareholders!

When you sign up for CoinCrowd you are eligible for 1000 UCI Shares. Plus you can convert your Coin Crowd Credits into shares as well. So if you do that, and are active on the CoinCrowd site, you should be able to accrue a decent volume of shares in the next few months!

(You can also buy shares directly… you’ll find details on that after your Shareholder account is created for your free shares from joining CoinCrowd).

Confused yet?

It does get easier, but there are a few steps to work through to get on board, so here it is as simple as I can make it…

Step 1. Register at CoinCrowd

Once in, have a look around if you like, but make sure you got to the Credits Section and make a note of your referral link… you can start sharing that on your social networks immediately… but it will work best if you do it in context and talk about the site and what you’re doing with it. ie. Don’t tell them to join, Invite them to join you…

Step 2. Request Your Free Shares

Go to the UCI.Global Website here and you’ll see the exact information you need to send them to have your shareholder account created. It’s basically name, email, address, DOB and photo ID, but make suire you check every item off the list. Send it to the email address shown on that page.

Step 3. Wait for Your Shareholder Account Details

Your account is managed on another ‘platform’, but that’s OK… you only go there to check on your shares… and if you want to buy and sell them etc. You’ll receive login details by email… save that info somewhere safe!

Step 4. Tell Everyone You Know About It!

Now you’re active, get busy and get the word out. This is going to be huge so this is your chance to get in on the ground floor just by bringing in other interested people… it’s totally free so you aren’t selling them anything!

Each time you do, you’ll earn credits, which are currently converting to shares at a rate of 20 shares for one credit… so you can build up quite a holding in this company, but I’m not sure how long the bonus will be this generous for.

Obviously it is a very young company so there’s no way to predict how the shares will perform in the long term, but if the company backs a few winners in the next few years, it could be very interesting. Likewise, any winners will result in a shareholder dividend, so one way or another you should get a tangible return on your efforts.

OK, I hope that makes some sort of sense… if not, please just take a few minutes to register below and look it over. There should be additional information available by now and you should see the potential here if you get in early…

The way I see it, it’s zero risk… just a little bit of time to register and tell a few friends and family… and massive potential reward if they start backing a few new crypto winners.

Register at CoinCrowd

 

 

Coin Referrals Review

Coin Referrals website is basically a downline builder.

You sign up with them, then enter your Affiliate IDs for a long list of affiliate and referral programs…and then anyone you refer ends up singing up under you in the same programs. You just send traffic to your page and you start building your downline… and earning cash and credits in all the different programs… all on auto.

That’s the theory at least…

The catch is, the appeal here is mostly for people looking for the free/cheap options… so they’re not looking to spend money… so you’re unlikely to make too much in commissions. So the real value is probably those programs that let you earn advertising credits… which you can then use to promote your own Crypto Product.

All that said… if you get someone signed up who does push it… or uses a lot of the services… you could do very well. As an example, the guy who sent it to me will be very glad he did by now!

I’ve signed up to everything, and I’ve tested most of the advertising options for promoting this website… some actually work very well and are very affordable… plus I’ve bookmarked a few of the services to get back and check out properly later.

I’m also sending it out to everyone who grabs our Crypto Wealth Strategies package… and many of those people will do the one-time set up as well, so they can include it in their own distributions.

And because a lot of the programs track referrals several levels deep, the power of multiplication can soon come into play. ie. if you find a few and they find a few, and so on… somewhere in there, there’s sure to be someone who gets particularly active!

So my suggestion is, AFTER you’ve signed up for all our Recommended Programs…

Log back in to Coin Referrals and add all the affiliate links you’ve now got.

Grab the promo materials… your link and a banner or two… and add those to your website or blog, post them on your social media etc.

Keep an eye on it and if you get any interest, go back and sign up for as many of the remaining programs as you can.

Once that’s done, you can pretty much forget about it.

Check back in a month’s time and if you’re building a bit of a balance, you can submit your payment info… or use the credits to promote your own website or products!

Register @ Coin Referrals

Keep in mind, if you grab any of our packages here, they will promote this program automatically, so you might want ot go back and register in the extra programs and save your IDs before you start promoting that.

Review of CoinXL Autotrading Platform

CoinXL is a passive trading opportunity that is currently working very well for me from a small initial investment. CoinXL relies on their own cryptocurrency trading bots… complex algorithms to detect when a crypto market is going to increase or decrease… allowing the bot to buy low and sell high.

Members purchase a packages as low as 0.05 BTC up to as high as 5 BTC which are then traded on their behalf. Members are then paid a 1% return on their investment each day for a total of 150 days, recouping 150% of their investment.

Members can then reinvest their initial stake and keep their profits, or reinvest the lot in a larger stake.

At time of writing I’m only part way through my first cycle, so there are still a few unanswered questions, but given the low cost of entry and consistent returns I’m seeing, I’m quietly confident I’ll be reinvesting the lot at the first opportunity.

The network is being promoted via an MLM network with a very generous commission structure. So much so, it will almost certainly strike some people as too good to be true, and I’d be one of them, if the trading returns weren’t so consistent.

Of course you should do your own due diligence before making any investment, but I’d encourage you to consider this as a simple, hands-free option to earn bitcoins with a very affordable entry point… you can check it out for yourself below…

Start Creating Your Bitcoin Wealth With CoinXL

As well as daily returns, members can also earn a daily binary bonus ranging from 5% all the way up to 20% of their downline volume. The remuneration plan is a little complex, but suffice to say, it is very generous and the narrow structure… two legs only and forced overflow… means your upline is very likely to assist you in growing it.

With a lot of these type of programs that I looked at, members had to reach a very high threshold before they could cash in their earnings but with CoinXL, there is no minimum so members can withdraw their earnings anytime they like.

Part of the business plan is for CoinXL to release their own digital coin in the future.

Members will have the chance to purchase these coins at a discount price prior to the release, and sell them later once the coin is made available on major cryptocurrency exchanges.

That will have it’s own risks no doubt, but also considerable upside opportunity, so that’s something we’ll we watching out for in coming months.

Of the three programs listed here, CoinXL is the one that set off some alarm bells… especially on the too good to be true gauge! But now that I’ve put it to work and seen it in action, my confidence is growing and I am happy to make a recommendation that you test it carefully for yourself.

So you can tell I’m probably tell I’m pretty excited by the potential here… especially looking forward to the opportunity to purchase the new coin pre-market… but I’m not letting my enthusiasm get in the way of good judgement. But if CoinXL it keeps doing what it’s been doing for me so far, I’ll stick with it indefinitely.

So if this suits your own investment strategy, please click the link below to view the CoinXL presentation and start growing your own passive trading account today!

Start Creating Your Bitcoin Wealth With CoinXL

Review of the BTC Robot Trader

I mostly avoid robots these days, after too many bad experiences and embarrassing purchases… but this is a option worth checking out if you are new to trading and not particularly interested in learning a whole lot of theory.

Basically you license a trading bot that you run on your own account on the Metatrader4 platform… Then the bot does most of the work for you.

It’s not totally hands-free though, as the thing with most bots is, they need to be updated as market conditions change. Most of the top programmers will do this for you, but you do still need to monitor your account and make necessary adjustments.

To date I’ve only tried running a single bot on a relatively small account and the results have been quite satisfactory. I never completely trust automated trading though. Bots are usually build to generate returns based on past results, which should never be taken as an sort of assurance of future performance…

ie. just because it worked in the past does not mean it’s going to happen again.

Good bots however, make decisions based on sound technical analysis and high probability patterns based on the price action. At this stage I believe this bot is doing just that (quite well), but you should always monitor any automated system closely and use strict money management to ensure it remains effective as market conditions evolve.

I’d suggest a similar approach, especially if you are new to trading.

Don’t be seduced by the high rates of return on backtesting… anyone can make a bot that confirms past data… the real test is always when it starts going forward. When you find a bot that does well there, then you can start to think about increasing your stake!

The BTCRobot is available via subscription, starting from $19.95 per month for a single instance, which is fine to test.

I actually like the subscription pricing model, as this puts the onus on the developers to keep working to ensure it remains profitable. They want you to stay subscribed, so they work hard to make sure their robot keeps performing in current market conditions.

Want to know more?

You can check out the BTCRobot via the link below. You can use one of their hosted trading accounts if you only want to run the robot, but personally I prefer to run these on own Metatrader installation so I can monitor exactly what’s happening. Likewise, if you want to do any trading of your own,  you’ll need a standalone account, so I’ve included a link to AVATrader, our preferred broker. They have some great welcome-bonus deals going at present so check that out as well.

Check out BTC Auto-Trading Robot

Check Out AVATRADE Forex Broker

 

 

eToro Social Trading Platform

eToro is a little different to most brokers and another good option for beginners. It offers what they call CopyTrading, when you can opt to follow the trades of another member. They buy, you buy. They sell, you sell. They move their stops or change their targets, your account automatically updates to do the same.

There is a risk here that the traders you choose to follow could have a reversal of fortune, but if you spread your bank over a portfolio of traders… ie copy the trades of 8-12 proven traders… you can minimise your risk and still generate a very consistent return. And if one of them does manage to blow up, it won’t have a major impact on your account balance.

I’ve used this one myself in the past and had some excellent successes with copy-trading. These days I prefer a more hands-on approach trading my own plan, but I have a number of friends who swear by it. As always, just remember that past results do not guarantee future performance… so a conservative risk-averse approach will always yield better results in the long term.

Check Out the eToro Social Trading Platform

AVA Trade Platform Review

This is my main trading platform for all cryptos and forex pairs. It runs on the Metatrader platform, has very competitive spreads (FX equivalent of commissions), great liquidity (so you get your orders filled at the price you want), and I’ve never had a problem depositing or withdrawing funds.

It is a regulated broker, well established, operating in over 150 countries for the last 10 years. They offer fantastic support and training and a variety of trading platforms, including a web-based option for any time you’re away from your desktop.

You can start with as little as $100, though they have some excellent first deposit bonuses that make it worth your while to start with a larger initial bank… which isn’t a bad idea…

Your Starting Account Size

You don’t want to ever risk more than 2% of your account on any single trade… so if you start with $100 and apply strict money management, you’d only ever risk $2 per trade… Which means your wins would be quite restricted as well… maybe $5-$10 for a successful trade.

Realistically though… even with the best of intentions… most people starting small will end up risking a much larger portion of their bank on every trade… 10, 20 even 50%… which becomes a very hard habit to break later on.

You will do much better if you wait to start until you can make a more substantial deposit of at least $500, preferably even more, and then establish good money/risk management practices right from the start!

Perhaps what I like the most about this platform is their regular technical analysis which often identifies opportunities in currencies I don’t usually follow. Also the Autochartist software that’s included in the package is professional quality softweare not usually available to retail traders, and certainly not for free.

They also offer trading on the 5 main crypto-currencies at very competitive rates and margins. While most brokers are offering Bitcoin these days, very few have all these others, and personally I often to find more opportunities on those.

So even if you prefer to shop around, I encourage you to look AVA Trade over, and use what you see as your benchmark of what a good broker should be offering…

Register An Account With AVA Trade

Plus 500 Trading Platform Review

Plus500 offers CFD trading in Shares, Forex, Indices, Commodities and ETFs. I’ve been using their platform for a number of years and it is easily one of the most user-friendly I’ve encountered and I’ve always found it reliable and stable.

It was also one of the first I found offering CFD options for crypto-currencies. They also offer CFD trading for some 2000+ instruments across 20+ different markets worldwide.

The other big plus for me was the fact I could deposit funds from my PayPal account, which saved a bit of back and forth when I needed to make a deposit. Obviously you don’t want to be making too many deposits, so that isn’t such an issue, but I find it handy to have funds paid out to PayPal as well.

If you are just testing the currency trading waters, this is an excellent option to learn on. Unlike other platforms, with Plus500, customers cannot lose more than the funds they have available on their account. You can set up a Demo account and use it on any device while you develop your own trading plan.

You can download the software directly using the link below, or visit the website for more information…

Plus 500 Direct Download

View The Plus 500 Website

 

*** Your Capital Is At Risk. CFDs are leveraged products and can result in the loss of your capital. ***

Plus500AU Pty Ltd, ACN 153 301 681, AFSL # 417727, issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents.

( Plus500 is not available to US Residents. )

Trezor Bitcoin Safe – Hardware Wallet

Once you start to accumulate some Bitcoins, you will need to consider purchasing a hardware wallet. This is a device to store your Bitcoins that is not connected to the internet, so it’s not vulnerable to hacking and theft. The general idea is to use a web-based, desktop or mobile wallet for your day to day use, but keep the bulk of your bitcoin safely out of reach, offline.

The Trezor storage device does just that. It plugs in as a USB device when you need to access your bitcoins and has multiple additional security measures built in for when you’re connected, and even has measures to protect you from a physical attack or if your computer is compromised.

As well as the security risks of connected wallets, there is also a very real risk of users losing their private key data. Unfortunately there’s nothing you can do after the fact. The Trezor however prompts the user to create a seed upon initiation of the device, and this seed can be used to recover your Bitcoin in the event the Trezor is ever lost or stolen.

So as your digital coin reserves start to grow, you should have something in place to protect them from the start. If you tell yourself you’re going to wait until you have a decent quantity worth protecting this way, you’re inviting disaster to strike… and it probably will, just when you were about to get around to it…

So check out the link below… it will take you to an information page on Amazon where you can order your Trezor wallet for immediately delivery…

View The Trezor Website

Coin URL Advertising Network and Link Shortener

Coin URL is an advertising network quite similar to the Google Adsense network. You add your website and create Ad Slots… sets of contextual text ads that you can place on your website or blog pages. Any time a visitor clicks on an ad, you get paid… in BitCoins.

There are a few of these networks now, but this is my favourite due to it’s payment rates and reliability. It also has a very useful URL Shortener built in. You can link to that as well from your site and earn commissions if any of those visitors sign up as advertisers or publishers.

Setting Up Your CoinURL Account & Creating Ads

Set up is quite straight forward. Just register below, add your website or blog URL, then create an ad slot for a couple of locations on your pages. I usually place one 250px x 250px in the footer of my WordPress sites, and a 300px x 250px block in the sidebar.

Like Adsense, these ad blocks won’t generate a lot of revenue unless you have a lot of traffic. Personally I’d prefer the payments from my display ads, but the fact remains these can get some regular clicks, and some advertisers do pay very well.

So it’s worth monitoring these carefully. Once you see which content you have that generates the best CPC payment, you can write more on that subject. Then place an additional ad block within that content for maximum returns. Just make sure you comply with the network’s rules regarding number of ads on any one page!

Create Your CoinURL Account