SimpleFX vs Focus Option

SimpleFX vs Focus Option Comparison Table 2023
SimpleFX Focus Option
4.2
4.1
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

SimpleFX is a CFD broker offering the popular MT4 platform plus its own SFX WebTrader platform. Account holders benefit from low trading fees with tight spreads.

Focus Option specializes in digital options and leveraged CFDs. The broker offers a web platform and downloadable mobile app, alongside four account options.

Pros
  • API & VPS
  • Ethereum staking
  • No minimum deposit
  • Fast customer support
  • Beginner-friendly platform
  • Multi-currency single account
Cons
  • Unregulated
  • MetaTrader 5
  • Limited non-crypto funding methods
Awards
  • The Best Trading Platform Cryptocurrency, World Expo 2022 - Warsaw
  • Best Mobile App 2020 - Rankia Awards
  • The Best Trading Platform, Finance World Expo 2019 - Zug
  • Best Cryptocurrency Trading Platform, Cryptocurrency World Expo 2018 - Berlin
Promotions

Sign Up With SimpleFX For A $2500 Instant Deposit Bonus

Instruments
Forex, indices, shares, commodities, cryptocurrencies Binary Options, CFDs, Forex, Metals, Indices
Demo Account
Yes Yes
Minimum Deposit
$0 $10
Payment Methods
Minimum Trade
0.01 Lots $1
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes No
ECN Account
No No
DMA Account
Yes No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
Yes No
Negative Balance Protection
Yes No
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android + Web Trader iOS & Android
Auto Trading
Yes
Copy Trading
No No
Social Trading
Yes No
Trade Signals
Yes Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
3%
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
Stock Exchanges
Commodities
CFD Trading
Leveraged CFD products are available in multiple financial markets. Use leveraged CFDs (between 1:20 and 1:50) to take positions on popular financial markets
Leverage
1:500 1:50
FTSE Spread
1.3 NA
GBPUSD Spread<
1.2 3
Oil Spread
0.03 1
Stocks Spread
Variable Variable
Forex Trading
Trade currency pairs with tight spreads and 1:500 leverage. Take positions on close to 40 forex pairs including majors
GBPUSD Spread
1.2 3
EURUSD Spread
0.9 1
EURGBP Spread
0.9 3
Assets
60 39
Cryptocurrency
Trade crypto and US Dollar CFDs. Speculate on 60+ leading digital currencies
Spread
From 0.0001 NA
Coins
  • BTC
  • BHC
  • LTC
  • ETH
  • ETC
  • XRP
  • LNK
  • WAV
  • XTZ
  • YFI
  • ADA
  • DOT
  • EOS
  • NEO
  • BNB
  • XMR
  • BTC
  • ETH
  • XRP
  • USDT
  • BTC
  • LTC
  • ADA
  • AAVE
  • ATOM
  • DOGE
  • KSM
  • CRO
  • THETA
  • LINK
  • YFI
  • YCC
  • MATIC
  • RUNE
  • SOL
  • MANA
  • MIOTA
  • XMONEY
  • XMR
  • SUSHI
  • BAT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
Binary Options
Binary options trading not offered Focus Option facilitates binary options trading on a user-friendly, browser-based platform. The broker also offers ultra-short-term binaries from 30 seconds.
Payout
95%
Expiry Times
30 seconds - 1 week
Ladder Options
No No
Boundary Options
No No
More Comparisons
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