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Note, this is a CFD, a contract for difference platform, where the price of bitcoin is quoted by SimpleFX based on market indices, you are not trading directly with bitcoin. You can access with MetaTrader 4 and trade up to 500x leverage on certain currencies. SimpleFX is a completely commission-free trading platform meaning there are no trading fees, the platforms are profiting from the bid-ask spreads they offer. BaseFEX (best for high bitcoin leverage) is a relatively new platform offering bitcoin futures and leveraged trading up to 100x margin, http://a2hosting.mindmockups.com/community/profile/binance8888225/. We don't recommend buying bitcoins with PayPal on LocalBitcoins. Plus another 1% charged by LocalBitcoins. Another con of using LocalBitcoins is you are dealing with an individual seller rather than a marketplace. You will also need a verified phone number connected to your LocalBitcoins account. 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