Interactive Brokers vs SimpleFX

Interactive Brokers vs SimpleFX Comparison Table 2021
Interactive Brokers SimpleFX
IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only. SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Promotions

SimpleFX Launches Euro 2021 Trading Cup With $50,000 In Cash Prizes

Bonus
None 50% spread cashback
Instruments
Stocks, Futures, E-minis, Options, CFD, Forex, Crypto Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10000 None
Payment Methods
Apple Pay, Cheque, Credit Card, Google Pay, Mastercard, Samsung Pay Bitcoin Payments, FasaPay, Neteller, Skrill
Minimum Trade
$100 0.01 lots
Regulator
SEC, FCA None
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
Yes No
ECN Account
No No
DMA Account
Yes No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
No Yes
Trade Signals
No Yes
Social Trading
No Yes
Copy Trading
No No
Islamic Account
No No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, NOK, CHF -
CFD
Leveraged CFD products are available in multiple financial markets.
Leverage
1:50 Var 1:500
FTSE Spread
0.005% (£1 Min) 1.3
GBPUSD Spread
Commission (.20 pts x trade value) 1.2
Oil Spread
N/A 0.03
Stocks Spread
From 0.003 per share, variable Variable
Forex
Trade currency pairs with tight spreads and 1:500 leverage.
GBPUSD Spread
Commission (.20 pts x trade value) 1.2
EURUSD Spread
Commission (.20 pts x trade value) 0.9
EURGBP Spread
Commission (.20 pts x trade value) 0.9
Assets
70+ 60
Cryptocurrency
Trade crypto and US Dollar CFDs.
Spread
From 0.0001
Coins
BTC, BHC, LTC, ETH, ETC, XRP, LNK
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