Plus500 vs SimpleFX

Plus500 vs SimpleFX Comparison Table 2021
Plus500 SimpleFX
A trader 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.
72% of retail CFD accounts lose money.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best Overall Broker 2021 - DayTrading.com
Best Overall Broker 2020 - DayTrading.com
Best Overall Broker 2019 - DayTrading.com
Best Trading App 2019 - DayTrading.com
Bonus
None 50% spread cashback
Instruments
Stocks, Options, CFD, Forex, Crypto Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$100 $0
Payment Methods
BPAY, Credit Card, Diners Club, Giropay, iDeal, JCB Card, Mastercard, Neteller, PayPal, Skrill, Swift, Trustly, Visa, Webmoney, Western Union, Wire Transfer Bitcoin Payments, FasaPay, Neteller, Skrill
Minimum Trade
Varies by asset 0.01 lots
Regulator
FCA, CySec, ASIC None
Margin Trading
Yes No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
Yes No
ECN Account
No No
DMA Account
No 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, AUD, ZAR -
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
Plus500 Offer forex trading via CFDs with tight variable spreads and a range of well over 70 currency pairs. Free Unlimited Demo Account. 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
CFDs in cryptocurrency and crypto indices trading offered - Availability subject of regulation 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
72% of retail CFD accounts lose money.