PXBT
Questions & Answers

First of all, I would say gold. It’s unarguably one of the best assets to trade because of the strong trend to the upside. Trading it feels effortless ngl, just have to check out the geopolitical state often to understand where it wants to head towards, since performing technical analysis on a all time high asset in hard. Secondly, I love trading bitcoin as well. It usually moves clean, especially intraday. I take the trend breakout trades, and it works out great. However, sudden news affect crypto more than gold or other assets. Finally - silver. This asset performed even better than gold… It just skyrocketed, since then I started to closely follow this asset and look for opportunities intraday. It’s pretty much the same as with gold, clear trend that it follows for several months in a row, however, sudden spikes are more often, which is why it gets a third spot only.

Its not fixed, so I guess its dynamic? Not really sure about terminology. But I know for me, the leverage applies auto to all trades. And the marging changes - depending on the leverage I use. For some pairs, its changed quite drastically, for some not at all. They can also sometimes lower my max leverage, that I can use, if there's news that moves markets by a huge amount, happened a couple of times. So its pretty dynamic in the end. But if you trade low-volume, I dont think it matters either way.

Imits on the trading strategies being used by their clients. This is one of the advantages of PXBT. And mt5 trading app is one of the best to use expert advisors or simply called trading bots. I’m relatively new to the automation of trading, and learn a bit more about MQL5, the programming language that uses mt5 and it’s not hard. I created one simple trading strategy on USDJPY and the bot is working pretty good.

Ange it because it’s not their platform. Honestly, I couldn't feel any difference between their MT5 and ordinary one, which is great actually. I was hoping it would work like a normal platform, because what is the point of that platform then, if it’s not like the golden standard mt5. When it comes to your second questions regarding other platforms, no, they don’t offer, only mt5 both for desktop and mobile devices. I think that any trader would be glad to see this platform, as it’s one of the first platforms for any trader that starts out in forex. If you starting from other assets, then MT might not be your first choice, but actually it’s very user friendly and easy to use. The charts are customizable and you can make them look stylish, not just the ordinary green / red with black background yk. Anyway, the simplicity of opening and managing trades both on my laptop and iphone is why I enjoy MT5.

If you use the same method, it would be the same amount of time each time. FOr instance, bank related withdrawals take more time than others because people actually process the transaction. Sometimes people do stuff slowly lol, this is why methods like visa a bit slower.

As far as I know, they offer a variety of CFD assets, not futures. So, I guess the comparison with crypto exchanges, such as Binance and Bybit are kind of irrelevant here. Like any ordinary CFD platform, the variable spread is charged, depending on the market conditions and asset type. In comparison to crypto exchanges that charge stable commissions, here the price that broker takes from changing. Still, what I see- spreads starting from 0.1 pips, is lower than industry average.