Plus500 vs SimpleFX

Plus500 vs SimpleFX Comparison Table 2022
Plus500 SimpleFX
4.5
United States Flag Traders from US not accepted
Not Yet Rated
United States Flag Traders from US not accepted
An investor with a Plus500 account can trade CFDs on underlying financial instruments such as Forex, Stocks, Commodities, Cryptocurrency (Availability subject to regulation), Options and Indices. With tight spreads and no commission, they are a leading global brand. SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees.
73% of retail CFD accounts lose money.
Awards
Best Overall Broker 2021 - DayTrading.com
Best Overall Broker 2020 - DayTrading.com
Best Overall Broker 2019 - DayTrading.com
Bonus
None 50% spread cashback
Instruments
CFDs Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$100 $0
Payment Methods
Credit Card, Debit Card, Mastercard, PayPal, Skrill, Swift, Visa, Wire Transfer Bitcoin Payments, FasaPay, Neteller, Skrill
Minimum Trade
Varies by asset 0.01 lots
Regulator
FCA, MAS, CySec, ASIC, FSA
Margin Trading
Yes No
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No 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
Yes No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
- Yes
Trade Signals
- Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Social Trading
No Yes
Copy Trading
No No
Islamic Account
No No
Account Currencies
USD, EUR, GBP, AUD, ZAR, CZK -
CFD
Leveraged CFD products are available in multiple financial markets.
Leverage
1:30 1:500
FTSE Spread
Variable 1.3
GBPUSD Spread
Variable 1.2
Oil Spread
Variable 0.03
Stocks Spread
Variable Variable
Forex
Forex trading not offered Trade currency pairs with tight spreads and 1:500 leverage.
GBPUSD Spread
Variable 1.2
EURUSD Spread
Variable 0.9
EURGBP Spread
Variable 0.9
Assets
70+ 60
Cryptocurrency
Crypto trading not offered Trade crypto and US Dollar CFDs.
Spread
Variable From 0.0001
Coins
BCH, BTC, ETH, LTC, XRP, IOTA, NEO, EOS, XMR BTC, BHC, LTC, ETH, ETC, XRP, LNK
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No -
Auto Market Maker
No No
73% of retail CFD accounts lose money.
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