SimpleFX vs InstaForex

SimpleFX vs InstaForex Comparison Table 2021
SimpleFX InstaForex
SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees. Instaforex provide Forex, CFDs, Stock and Cryptocurrency trading. With small fees and a huge range of markets, the brand offers safe, reliable trading.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
The Best Forex Cryptocurrency Trading Platform 2018 by UK Forex Awards
Most Active Broker in Asia 2020 by AtoZ Markets Forex Awards
Bonus
50% spread cashback None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Currency pairs, CFDs on commodities, indices, stocks, cryptocurrencies, metals
Demo Account
Yes Yes
Minimum Deposit
$0 €100 to €50000 (Account choice dependent)
Payment Methods
Bitcoin Payments, FasaPay, Neteller, Skrill BPAY, Credit Card, Mastercard, Perfect Money, Skrill, Sofort, WeChat Pay, Yandex Money
Minimum Trade
0.01 lots 0.01 Lots
Regulator
None CySec
Margin Trading
No Yes
Margin Rate
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No No
Mobile Apps
Yes iOS and Android + Browser based platform
Auto Trading
Yes Via Copy Trading service
Trade Signals
Yes No
Social Trading
Yes Yes
Copy Trading
No Yes
Islamic Account
No Yes
Account Currencies
- -
CFD
Leveraged CFD products are available in multiple financial markets.
Leverage
1:500 1:30
FTSE Spread
1.3 Av. Floating 100 pips
GBPUSD Spread
1.2 Av. Floating 0.6
Oil Spread
0.03 2 Pips
Stocks Spread
Variable Floating, commissions as low as 0.01%
Forex
Trade currency pairs with tight spreads and 1:500 leverage. Offering a range of Accounts, including ECN, Instaforex can reduce average spreads to just 0.2 pips. The range of pairs offered is also among the largest of any broker.
GBPUSD Spread
1.2 Av. Floating 0.6
EURUSD Spread
0.9 Av. Floating 0.2
EURGBP Spread
0.9 Av. Floating 0.5
Assets
60 1000+
Cryptocurrency
Trade crypto and US Dollar CFDs. Instaforex offer crypto CFD trading on 19 leadings currencies with very low fees. Leverage is 1:2 for EU traders.
Spread
From 0.0001 0.10%
Coins
BTC, BHC, LTC, ETH, ETC, XRP, LNK BCH, BTC, ETH, LTC, XRP and 14 more