i agree with @SmallPaul that users need to educate themselves on how to get USD from the bank account to BTC, and BTC back to USD
but there is one more step / decision now in deciding a FX broker: once you already have BTC, how much are fees going to be for the following process for the trading account: deposit BTC, convert it to USD for the trading account, convert USD back to BTC for withdrawal
the fees for FX Choice in this scenario is now 6%: 3% fees each conversion of BTC and USD.
this is a major issue and i am now looking for another broker – does anyone know which broker has the least fees when using BTC to deposit and withdraw to trade FX?
i just spoke with Traders Way: they don’t charge ANY fees when you deposit with BTC, trade with USD, and withdraw with BTC.
moving forward, my plan will be to take the one time hit of 3% for converting USD to BTC in my FX Choice trading accounts, and transfer that BTC to Traders Way