Demo Account Guide
Demo Account Guide
R
HOME / SIMPLEFX REVIEW

SimpleFX Review

Broker Information Security Popularity Payment Spec Instruments Score
Security E
Popularity E
Payment E
Spec A
Instrument A
E
E
E
A
A
score 38
SimpleFX
  Regulation 0
  Security 38  
Established 6-10 years
  Instrument 100  
Forex
Crypto
Oil
Gold
  Platform 50  
MetaTrader 4
Web
  Payment 48  
Crypto
Neteller
Skrill
FasaPay
  Features 39  
Bonus
Education
  Spec 92  
Hedging
Scalping
Leverage more than 1:500

💲 Min Deposit $1

Year Established 2014

💡 Min Position 0.01 lot

🌐 Website simplefx.com

Max Leverage 1:500

💰 Bonuses

📖 Free education

SimpleFX is a well-established broker since 2014. SimpleFX has a headquarter in . SimpleFX to provide their Forex/CFD trading services to over 4 million clients.


Account Information

Apart from the forex demo account, this broker offers Standard. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by SimpleFX is up to 1: 500. Meanwhile, you can open an account with a starting capital of $1.

pin

Min Deposit

$1

pin

Max Leverage

1:500

pin

Spread

Variable

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



💲 Min Deposit $1

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

💱 Hedging

Trailing stop

Pending orders

1️⃣ One-click trading

💸 Commission

Instruments Traded

Besides lots of currency pair, SimpleFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Energies and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Standard account, SimpleFX specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Gold & silver

Gold & silver
1:500

Energies

Energies
1:500

Crypto

Crypto
1:500

Payment Methods

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

SimpleFX also provides payment with Zcash, USD Coin (USDC), Tron, Tether (USDT), Ripple, Monero, Litecoin, Ethereum Classic, Ethereum, EOS.IO, Dogecoin, Dash, Dai (DAI), Crypto Cash, Crypto and Binance Coin



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, SimpleFX offers you MetaTrader 4, Mobile Trading Platform and WebTrader.

Customer Support

Do you have any question or find any trouble related to SimpleFX? If you do, you should reach SimpleFX's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Arabic
English
Spanish
French
Hindi
Indonesian
Italian
Japanese
Korean
Malay
Dutch
Portuguese
Romanian
Russian
Thai
Turkish
Vietnamese
Chinese

Office Support

Email Support

Call Support

Chat Support



FAQ About SimpleFX

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if SimpleFX is a good broker for you or not by reviewing the criteria. In general, SimpleFX provides trading service in Forex , Gold & silver , CFD , Oil , Energies and Crypto . As for the payment methods, you can choose between Skrill, Neteller, FasaPay, Crypto, Litecoin, Dash, Ethereum, Monero, Crypto Cash, Zcash, Ethereum Classic, Tether (USDT), Dogecoin, Tron, USD Coin (USDC), Dai (DAI), EOS.IO, Binance Coin and Ripple. The customer support is available via Email, Live chat and Forum.


The starting capital in SimpleFX is $1.


SimpleFX is regulated by None. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


SimpleFX is a brokerage company offering trading services for clients since 2014 with offices in .



SimpleFX News
Priela Gabrielle
SimpleFX clients can now swap their taken funds while also obtaining their daily interest rates, thanks to TRON and BNB Stake & Trade.
Testimonials
United Kingdom
J Julia Morton
Account Number: (288xxx)
Jul 1 2021
 
Competitive spreads, most efficient cryptocurrency payments. The mobile app is... More
Ireland
J Joe Reid
Account Number: (282xxx)
Jun 8 2021
 
Platform makes everything easy. They offer the lowest transfer fees available.... More
United Kingdom
M Mustafa Carrillo
May 29 2021
 
I like this trading platform, there is no minimum deposit... More
Poland
L Ljuboslav Unuk
Apr 16 2021
 
Great for beginners. Still learning so much about Forex and... More
Germany
R RickyMoerkens
Mar 31 2021
 
Nice intuitive app. No delays and low latency. Spreads from... More
Please log in to leave a comment.