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SimpleFX vs Forex.com

SimpleFX vs Forex.com Comparison Table 2023
SimpleFX Forex.com
Review
4.2
Review
4.5

Forex.com is #1 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US 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.

Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.

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
  • Best US Broker 2020 - DayTrading.com
  • Best US Broker 2019 - DayTrading.com
  • Runner-Up - Best Forex Broker 2019 - DayTrading.com
Promotions

Sign Up With SimpleFX For A $2500 Instant Deposit Bonus
Bonus
No
Instruments
Forex, indices, shares, commodities, cryptocurrencies Stocks, Futures, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Minimum Trade
0.01 Lots $1
Regulator
CySEC, IIROC, NFA, CFTC, FCA, CIMA
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No Yes
eSignal
No Yes
Trading Central
No Yes
STP Account
Yes Yes
ECN Account
No Yes
DMA Account
Yes Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes Yes
Robo Advisor
Yes No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android + Web Trader iOS & Android
Auto Trading
Yes Automated trading supported through platforms (MT4)
Copy Trading
No No
Social Trading
Yes No
Trade Signals
Yes SMART Signals
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 Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • CHF
Stock Exchanges
Commodities
CFD Trading
Leveraged CFD products are available in multiple financial markets. Go long and short on a range of popular financial markets
Leverage
1:500 1:200
FTSE Spread
1.3 1 pt
GBPUSD Spread<
1.2 1.0 Var
Oil Spread
0.03 0.04 Var
Stocks Spread
Variable 0.1% (Min Commission Applies)
Forex Trading
Trade currency pairs with tight spreads and 1:500 leverage. Forex.com are a leading FX broker. Offering a large range of currency pairs and some of the tightest spreads in the industry.
Forex App

Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.
GBPUSD Spread
1.2 1.0 Var
EURUSD Spread
0.9 0.8 Var
EURGBP Spread
0.9 0.8 Var
Assets
60 80+
Cryptocurrency
Trade crypto and US Dollar CFDs. Trade the major cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet required, just a trading account. Note, cryptos are not available in the US or Canada.
Spread
From 0.0001 BTC 1.4%, ETH 2%
Coins
  • BTC
  • BHC
  • LTC
  • ETH
  • ETC
  • XRP
  • LNK
  • WAV
  • XTZ
  • YFI
  • ADA
  • DOT
  • EOS
  • NEO
  • BNB
  • XMR
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
Review
Review
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