PaxForex vs SimpleFX

PaxForex vs SimpleFX Comparison Table 2021
PaxForex SimpleFX
PaxForex is an offshore broker offering $10 minimum deposits & MT4 trading. SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Bonus
100% loyalty deposit bonus up to $10,000 50% spread cashback
Instruments
Forex, stocks, indices, metals, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10 $0
Payment Methods
Cashu, FasaPay, Neteller, Perfect Money, QIWI, Skrill, UnionPay, Visa, Webmoney, Wire Transfer Bitcoin Payments, FasaPay, Neteller, Skrill
Minimum Trade
0.0001 lots 0.01 lots
Regulator
FSA None
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
Mobile Apps
Yes Yes
Auto Trading
Yes (EAs) Yes
Trade Signals
Yes Yes
Social Trading
Yes Yes
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
- -
CFD
Trade across markets with leveraged CFDs. Leveraged CFD products are available in multiple financial markets.
Leverage
1:500 1:500
FTSE Spread
9 1.3
GBPUSD Spread
0.5 1.2
Oil Spread
N/A 0.03
Stocks Spread
Variable Variable
Forex
Trade FX with tight spreads & 1:500 leverage. Trade currency pairs with tight spreads and 1:500 leverage.
GBPUSD Spread
0.5 1.2
EURUSD Spread
0.4 0.9
EURGBP Spread
1.5 0.9
Assets
60 60
Cryptocurrency
Trade popular cryptos against the US Dollar. Trade crypto and US Dollar CFDs.
Spread
From 3 pips From 0.0001
Coins
BTC, ETH, LTC, XRP BTC, BHC, LTC, ETH, ETC, XRP, LNK