“SimpleFX provides a very simple, yet feature-rich trading experience. Users can access more than 170 financial 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, yet feature-rich offering to trade CFDs online on a wide selection of markets covering Forex, Indices, Commodities, Cryptocurrencies and Stocks.
The SimpleFX Web Trader platform is easy and simple to use, yet feature-rich with trading calculators, news TV, trading ideas and more, making it ideal for beginner traders. However, advanced traders can also use the globally-recognised MetaTrader 4 trading platform.
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 a range of different cryptocurrencies, as well as Neteller and Fasapay.
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 wire transfer or select e-wallet’s.
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 for PC.
“SimpleFX provides a simple trading offering that is feature-rich. Traders can trade commission-free on more than 170 financial market instruments covering Forex, Cryptocurrency, Stocks, Indices and Commodities from the MetaTrader 4 trading platform or from the SimpleFX Web Trader platform which includes News TV, trading signals and more.”
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 170 different financial instruments covering Forex, Cryptocurrency, Stocks, Indices and Commodities. The spreads and swaps of different financial instruments are clearly located on the broker’s website and transparent.
The account opening process is simple and the broker offers a variety of fee-free deposit methods. Users can choose to trade on the globally recognised MetaTrader 4 trading platform for Windows, the SimpleFX Web Trader browser-based platform or from the SimpleFX mobile trading app for Android and iOS users.
SimpleFX offers a variety of live market analysis and research tools as well as a trader community. In the broker’s own trading platform traders can also access news TV, trading ideas and live market analysis. The broker also offers live chat support 24 hours a day, 5 days a week.
- 170+ tradable assets across Forex, Indices, Commodities, Crypto and Shares.
- SimpleFX Web Trader is feature-rich, browser-based and easy and simple to use.
- Users can also choose to trade from globally-recognised MetaTrader 4 trading platform.
- Trading ideas provided in the SimpleFX Web Trader platform, along with news TV and live market analysis.