“SimpleFX provides a simple trading experience. Users can access more than 200 financial CFD instruments across Forex, Indices, Commodities, Cryptocurrencies and Stocks on the broker’s own SimpleFX Web Trader platform which is simple and easy to use.”
From our observations, SimpleFX provides a simple offering to trade commission-free on a wide range of asset classes across different platforms including the MetaTrader 4 platform for desktop download and the broker’s own SimpleFX Web Trader platform which is simple to use and provides features such as trading calculators, live news feeds and a social trading community for trading ideas.
Is SimpleFX regulated?
Where is SimpleFX based?
SimpleFX is based at Suite 305, Griffith Corporate Centre Beachmont, Kingstown VC0100, St. Vincent and the Grenadines.
How does SimpleFX make money?
SimpleFX makes money through spreads and swaps on certain tradable asset classes.
How do I deposit in SimpleFX account?
Funds can be deposited into a trading account via FasaPay, Bitcoin, Bitcoin Cash, Chainlink, Dash, Ethereum, Ethereum Classic, Litecoin, Monero, Tether and more.
What is the min. deposit for SimpleFX?
The minimum deposit for SimpleFX is $1.
How do I withdraw money from SimpleFX?
Withdrawals can be made from SimpleFX via FasaPay, Bitcoin, Bitcoin Cash, Chainlink, Dash, Ethereum, Ethereum Classic, Litecoin, Monero, Tether and more.
What is the max leverage in SimpleFX?
The maximum leverage offered by SimpleFX is 500:1.
How do I open an account with SimpleFX?
An account can be opened at the click of a button on the SimpleFX website and can be done in just a few steps.
Does SimpleFX use MetaTrader?
Yes, MetaTrader 4.
“SimpleFX is an online Forex and CFD broker founded in 2014, offering users the ability to trade commission-free on more than 200 financial instruments covering Forex, Cryptocurrency, Stocks, Indices and Commodities from the globally-recognised MetaTrader 4 trading platform, the proprietary SimpleFX mobile trading app and SimpleFX Web Trader.”
SimpleFX is a CFD broker which was founded in 2014. The broker is registered as an International Business Company in St. Vincent and the Grenadines, boasting more than 200,000 registered users but with no licence from a financial regulator. However, the broker does provide security of funds by advertising the segregation of client funds and a negative balance protection policy among other features.
The broker offers users the ability to trade commission-free on more than 200 different financial CFD instruments covering Forex, Cryptocurrency, Stocks, Indices and Commodities from the globally recognised MetaTrader 4 trading platform for Windows and the SimpleFX MT4 Tools Web Trader platform.
Users can also trade from SimpleFX’s proprietary mobile trading app for Android and iOS users which covers trading on more than 60 currency pairs, 16 cryptocurrency pairs and a range of indices, stocks and commodities with various deposit options including five cryptocurrencies.
Traders with SimpleFX are offered 500:1 leverage, multi-currency accounts, spreads from 0.1 pips and no minimum deposits, as well as a trader community for signal trading between all MetaTrader 4 brokers. The broker also offers a trading blog covering live market analysis.
- Commission-free trading available.
- Multiple asset classes offered.
- Feature-rich SimpleFX Web Trader platform and mobile trading app simple to use.
- Social trading community and signals inside of web trader platform.