SimpleFX vs FXGM

SimpleFX vs FXGM Comparison Table 2022
SimpleFX FXGM
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees. FXGM offers live trading accounts on its proprietary PROfit platform.
Bonus
50% spread cashback None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, synthetic derivatives
Demo Account
Yes No
Minimum Deposit
$0 $200
Payment Methods
Bitcoin Payments, FasaPay, Neteller, Skrill Credit Card, Mastercard, Neteller, PayPal, Skrill, Visa
Minimum Trade
0.01 lots 0.01 lots
Regulator
CySEC, FSCA
Margin Trading
No No
MetaTrader 4
Yes No
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 -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
No -
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes Yes
Auto Trading
Yes -
Trade Signals
Yes Yes
VPS Hosting
No -
Tournaments
No -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
Yes No
Copy Trading
No No
Islamic Account
No No
Account Currencies
- -
CFD
Leveraged CFD products are available in multiple financial markets. Trade online CFDs to invest in the financial markets without owning underlying assets.
Leverage
1:500 1:200 ZA, 1:30
FTSE Spread
1.3 6
GBPUSD Spread
1.2 0.3
Oil Spread
0.03 0.06
Stocks Spread
Variable Variable
Forex
Trade currency pairs with tight spreads and 1:500 leverage. Trade online currencies with competitive spreads and up to 1:200 leverage.
GBPUSD Spread
1.2 0.3
EURUSD Spread
0.9 0.3
EURGBP Spread
0.9 0.3
Assets
60 47
Cryptocurrency
Trade crypto and US Dollar CFDs. Trade top crypto cross pairs at FXGM.
Spread
From 0.0001 Floating
Coins
BTC, BHC, LTC, ETH, ETC, XRP, LNK BTC, ETH, LTC, XRP, DSH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- -
Auto Market Maker
No No
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