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SimpleFX Expands Crypto Offering

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Written By
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Written By
James Barra
Head of Content
James is Head of Content and a brokerage expert with a background in financial services. A former management consultant, he's worked on major operational transformation programmes at top European banks. A trusted industry name, James's work at DayTrading.com has been cited in publications like Business Insider.
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Edited By
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Edited By
Tobias Robinson
CEO and Head of Broker Testing Panel
Tobias is the CEO of DayTrading.com, an active investor, and a brokerage expert. He has over 30 years of experience in financial services, including supervising the reviews of more than 500 trading brokers, and contributing via CySEC to the regulatory response to digital options and CFD trading in Europe. Tobias' expertise make him a trusted voice in the industry, where he's been quoted in various financial organizations and outlets, including the Nasdaq.
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Fact Checked By
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Fact Checked By
William Berg
Securities Law Expert
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
Updated

SimpleFX has bolstered its suite of crypto tokens, providing opportunities on digital assets that use the latest blockchain technology.

Cryptocurrency trading is high-risk. Only invest what you can afford to lose.

Key Takeaways

  • Avalanche (AVAX), Polygon (MATIC), Filecoin (FIL) and Fetch.ai (FET) are available at SimpleFX.
  • The total number of crypto tokens available is now 26, including major tokens like Bitcoin, Ethereum and Litecoin.
  • Clients can trade the latest cryptos on SimpleFX’s TradingView-powered platform with dynamic spreads.

Avalanche has been designed for speed and flexibility within blockchain activities. It utilizes a triple-chain system to ensure scalability and effectiveness.

Polygon improves Ethereum applications by enhancing performance. It uses technologies like Plasma and sidechains to improve processing speeds.

Filecoin is making strides in data storage. Its decentralized storage solution, which shares data across various locations, improves security and reduces redundancy.

Fetch combines artificial intelligence with blockchain technology to automate operations and allows smart devices to interact, increasing transaction efficiencies.

Trading Filecoin on SimpleFX platform
SimpleFX Web Platform

About SimpleFX

SimpleFX is an offshore broker, allowing it to offer high leverage up to 1:1000 in return for limited regulatory protections. It’s regulated by the FSC in Mauritius and registered in St Vincent and the Grenadines.

Alongside crypto derivatives, SimpleFX supports trading on forex, indices, commodities, metals and stocks in the US, UK, Germany, France, Japan, Sweden, Turkey and Brazil.

New traders can open a live, multi-currency account with zero minimum deposit and can transfer funds using cryptocurrencies.

Your capital is at risk. Trade only with funds you can afford to lose.
SimpleFX is an online broker specializing in CFD and cryptocurrency trading, with multi-currency accounts, STP execution, low pricing and no minimum deposit. Bringing innovation and gaining recognition at numerous industry events since 2014, SimpleFX now caters to retail traders from over 190 countries, boasting a client base exceeding 200,000 active users.