SimpleFX Review
SimpleFX was founded in 2014 as a first forex broker with cryptocurrency denominated accounts with MetaTrader 4 trading platform. This, combined with high leverage up to 500:1, made SimpleFX a powerful CFD trading platform with custom tailored Webtrader. SimpleFX offers both desktop and mobile trading software, so you can use the best trading opportunities wherever you are.
SimpleFX offers a transparent, lucrative affiliate program with ready-to-use promotional tools to boost your online campaign.
The platform and its award-winning technology were also appreciated on industry conferences, where SimpleFX won the following awards:
2019 - Finance World Expo Summit - Zug, Switzerland - "Best Trading App" Award
2018 - Cryptocurrency World Expo - Berlin Summit, "Best Cryptocurrency Trading Platform" Award
2017 - Cryptocurrency World Expo - Warsaw, Poland "Best Cryptocurrency Trading Platform" Award
Typical Spread on Majors
| EUR/USD | 0.9 |
| GBP/USD | 1.2 |
| USD/JPY | 0.9 |
- Company Info
| Headquarters | Kingstown, Saint Vincent and the Grenadines |
| Type of Broker | STP |
| Founded | 2014 |
| Regulated By | Regulated By Not Regulated |
| Offices In | Saint Vincent and the Grenadines |
| Supported Languages | English, Portuguese, Spanish, Turkish |
| ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, IDR, JPY, NOK, PLN, RUB, SEK, USD, BCH, BTC, DASH, ETC, ETH, LTC, XMR, BRL, INR, MYR, SGD, USDT, ZAR |
| Minimum Deposit | $0 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | No |
| ECN / STP Accounts Offered | No |
| Commission on STP or ECN | |
| VIP Accounts Offered | No |
| Mini Accounts Offered | No |
| PAMM / MAM Solutions | No |
| API Solutions | Yes |
| Mobile Trading | Yes |
| Web Based Trading | Yes |
| Funding Methods | Credit/Debit Cards, Wire Transfer, skrill, Neteller, Astropay, Santander Rio, Pago Facil, Fasapay, BCH, BTC, DASH, ETC, ETH, LTC, XMR, Tether, ERC20, Tether Omni |
| Withdrawal Methods | Credit/Debit Cards, Wire Transfer, skrill, Neteller, Astropay, Santander Rio, Pago Facil, Fasapay, BCH, BTC, DASH, ETC, ETH, LTC, XMR, Tether, ERC20, Tether Omni |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 iOS, MetaTrader 4 Android, WebTrader |
| NO of Pairs | 63 |
| Cryptocurrency Trading | Yes |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | No |
| Mobile Alerts | No |
| Trading Server Time | GMT + 0 |
| Demo Account Expiry | Non-Expiring |
| VPS Offered | No |
- Trading Details
| Dealing Desk | No |
| Maximum Leverage | 500:1 |
| Minimum Contract Size | 0.01 |
| Execution | Market Excecution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | No |
| Option of FIFO | Yes |
| Liquidity Providers | 8+ |
| Negative Balance Protection | Yes |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Stocks | Yes |
| Indices | Yes |
SimpleFX Reviews
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I've been trading crypto for over 4 years, and I really enjoy trading on SimpleFX. At the beginning I started a demo account to make sure that everything is fine, After this, I checked the spread's value and I focus my time on crypto. And it's working great for me on SimpleFX 24/7 crypto market, live chat, great support, Trading Ideas, shoutbox and blog for inspirations. On SimpleFX I can find everything that I need.
