Blog, Updates & News
As you may know, we are currently working on a basic HTTPS API. We have already pushed the documentation live, so you can start planing your applications. The problem with APIs is that once publicly available, there is no easy way to change it without upgrading to a new API version. Therefore, we have tried to make our first version as stable as possible, and we will try to avoid version upgrades more than twice a year.
Currently, our timeline is:
- June, 7th: API will be made public in alpha state, expect minor changes.
- Mid June: Beta release; No more changes, only bug-fixes.
- End June/Early July: Stable version of our API (Version 1.0)
To raise the visual quality of our trading platform we will introduce many improvements in the coming months. With today's update we replaced our standard Arial font with the newest version of Google's Roboto. We chose this font after comparing it with several alternatives on various screens and light conditions. Typography isn’t often given a lot of consideration, but we think it's one the most important aspects when it comes to good interface design.
If you are also interested in this topic, feel free to give us some input on our decision and write us mail!
We are pleased to announce that beginning tomorrow at 9:30am EST the following markets will be made available for trading:
If you are registered with the site, you will have received the first installment of our monthly newsletter that is intended to keep you up to date with all the recent market additions, and what we are currently developing to further improve the platform. We are in the process of developing a new mobile trading app, which will drastically improve your trading experiences on our platform across all mobile devices.
We have received a lot of feedback, and your time and effort for submitting this is greatly appreciated. As always, please get in touch with us if you have any concerns, suggestions, or feature requests you’d like to see added. Not everything can be implemented, but everything is considered as we strive to provide a top tier trading platform for everyone.
We are pleased to announce that we will be making the following market addition today:
Crude Oil (WTI)
More market additions are on the way, and further site improvements. If you have any questions, comments or concerns, please don’t hesitate to get in contact with us to have your voice heard.
For the latest news and updates, be sure to follow us on Twitter @1broker.com
We are pleased to announce that we added the following markets today:
AUD / USD
EUR / GBP
EUR / JPY
EUR / CHF
USD / RUB (trading from 9:00-17:00 Moscow Time)
In the upcoming weeks, we will continue with more market additions, and we are interested in hearing from you and what you’d like to see added. Get in contact with us through one of our social media outlets and let us know!
If you are new to our platform, you can view an instructional video from one of our traders on how to set up an account and get started: https://www.youtube.com/watch?v=sOZaoHr6LDM
We are happy to announce that we improved our formula for calculating financing charges. This leads to less fees for all traders holding positions overnight.
The old formula calculated the charge based on the total position size. Since the beginning of this week, we use the total position size minus the margin for calculating the fee. This means that unleveraged positions are completely freed from overnight charges.
We believe that reducing fees for traders, who hold unleveraged positions for a longer period of time, is an important step, since it encourages investing rather than speculating.
You can read more about our overnight financing charges on our fees page.
The see the new formula simply go to our overnight financing calculator.
Considering the upcoming expansion of our tradable markets we want to make sure that our platform keeps as responsive as usual. Therefore we moved our trading platform to a brand new dedicated server. Moving smoothly to a another hardware means a lot of planning and we are quite happy with the outcome: Our platform had only a downtime of about 30 minutes on Sunday, when all markets were closed.
Some hardware specifications of our new system:
- AMD Octa-Core 8x 2.3 GHz
- RAID 2, 2x 1000 GB Enterprise HDD
- 32 GB DDR3 RAM
- Direct connection to the 170 Gigabit/s datacenter-backbone
The new hardware will be able to handle at least 500 concurrent traders without any performance issues.
Today we enabled Two-Step-Token (RFC 6238), also known as Google Authenticator, for withdrawals. This can be used as an alternative to our smsTAN system for users who:
- cannot receive text messages properly
- do not trust a 3rd party (mobile carrier, SMS gateways)
- do not want to provide their phone number for privacy reasons
- are fans of a purely cryptographic 2-factor authentication
Implementing this feature required some considerations about replay attacks and brute force attacks. After some days of testing we are confident that our implementation is finally ready. You can find more details about this feature on your account settings page.
In cryptography we trust!
On Sunday evening our 1000th trader joined us. We want to take this opportunity to thank you all for your trust and feedback. Although this number might appears low, it means a huge responsibility for a start-up like us. (see statistics below) We think that, slow and organic growth is the key to a successful Bitcoin related business. It allows to continuously improve personal and technical security systems and collect experience about cryptocurrencies in general. Since 2009 there were more than 1.000.000 Bitcoins (currently worth 350.000.000$) stolen from countless platforms due to hacks, thefts and frauds. The majority of the hacks resulted from amateurish written software code, not tested enough for production environments. Instead of improving or rewriting code, fast growing businesses are buried with performance issues and customer support. From the beginning our highest priority was to avoid this fate and we strongly advise anyone who intends to start a Bitcoin related business to grow slowly. It really matters!
To keep this blog entry a bit informative here are some insights:
Data from: Launch - October 29th, 2014
|Total Volume BTC (Total/Margin)
||3,592,682 BTC / 72,344 BTC
|Total Amount of Positions
|Long Positions/Short Positions
||55.2% / 44.8%
|Total BTC Deposited
We are happy to announce that we reduced our spreads for the following markets:
|DOW Jones 30
We also increased our limits for all markets:
We hope you enjoy these changes and wish you a successful trading week!