Fondex vs SimpleFX

Fondex vs SimpleFX Comparison Table 2022
Fondex SimpleFX
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Fondex is an award-winning forex and CFD broker with industry low trading costs. SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees.
76.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Awards
Best Technology Corporate Leadership, 2019
Best FX Trading Platform, 2018
Best Trade Execution, 2018
Best Partner Program, 2017
Best Retail Platform, 2017
Bonus
None 50% spread cashback
Instruments
Forex, CFDs, ETFs, indices, shares, energies, metals, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$0 $0
Payment Methods
Bitcoin Payments, Credit Card, Debit Card, Giropay, Neteller, Paysafecard, POLi, QIWI, Skrill, Sofort, Webmoney, Wire Transfer, Yandex Money Bitcoin Payments, FasaPay, Neteller, Skrill
Minimum Trade
0.01 lots 0.01 lots
Regulator
FSA, CySEC
Margin Trading
Yes No
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
Yes No
STP Account
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Yes Yes
Auto Trading
Yes - cBots available Yes
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No Yes
Copy Trading
Yes No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, CHF -
CFD
Fondex offers leveraged CFDs on a wide range of popular financial markets. Leveraged CFD products are available in multiple financial markets.
Leverage
1:30 1:500
FTSE Spread
1.4 1.3
GBPUSD Spread
0.71 1.2
Oil Spread
6.71 0.03
Stocks Spread
Start from 0.01 Variable
Forex
Fondex offers trading opportunities on 80 currency pairs, including majors. Trade currency pairs with tight spreads and 1:500 leverage.
GBPUSD Spread
0.71 1.2
EURUSD Spread
0.28 0.9
EURGBP Spread
0.7 0.9
Assets
80+ 60
Cryptocurrency
Crypto trading not offered Trade crypto and US Dollar CFDs.
Spread
From 0.0001
Coins
BTC, BHC, LTC, ETH, ETC, XRP, LNK
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- -
Auto Market Maker
No No
76.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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