SimpleFX vs FxNet

SimpleFX vs FxNet Comparison Table 2022
SimpleFX FxNet
SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees. FxNet is an online forex broker regulated by the IFSC and offering the MT4 platform.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Bonus
50% spread cashback None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, shares, energies, metals, bonds
Demo Account
Yes Yes
Minimum Deposit
$0 $50
Payment Methods
Bitcoin Payments, FasaPay, Neteller, Skrill JCB Card, Neteller, Skrill, Visa
Minimum Trade
0.01 lots 0.01 lots
Regulator
None IFSC
Margin Trading
No No
MetaTrader 4
Yes Yes
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
AI / Machine Learning
- -
Robo Advisor
- -
Negative Balance Protection
- -
Market Maker
- -
P2P Trading
- No
Spot Trading
No No
Mobile Apps
Yes Yes
Auto Trading
Yes -
Trade Signals
Yes -
VPS Hosting
- -
Tournaments
- -
Demo Competitions
- -
Ethical Investing
- -
Social Trading
Yes No
Copy Trading
No No
Islamic Account
No No
Account Currencies
- -
CFD
Leveraged CFD products are available in multiple financial markets. Leveraged CFD trading is available across several markets.
Leverage
1:500 1:500
FTSE Spread
1.3 160
GBPUSD Spread
1.2 2.1
Oil Spread
0.03 12
Stocks Spread
Variable Floating
Forex
Trade currency pairs with tight spreads and 1:500 leverage. Trade 50+ global currency pairs with up to 1:500 leverage.
GBPUSD Spread
1.2 2.1
EURUSD Spread
0.9 1.8
EURGBP Spread
0.9 2.2
Assets
60 51
Cryptocurrency
Trade crypto and US Dollar CFDs. Crypto trading not offered
Spread
From 0.0001
Coins
BTC, BHC, LTC, ETH, ETC, XRP, LNK
Crypto Lending
- No
Crypto Mining
- No
Auto Market Maker
- No
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