SimpleFX vs N1CM

SimpleFX vs N1CM Comparison Table 2023
SimpleFX N1CM
WINNER
N1CM is the better broker
4.2
United States Flag Traders from US not accepted
3.3
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. Number One Capital Markets, or N1CM, is a leveraged CFD broker with tier-one liquidity providers and 211 ms execution speeds.
Pros
  • API & VPS
  • Ethereum staking
  • No minimum deposit
  • Fast customer support
  • Beginner-friendly platform
  • Multi-currency single account
  • Demo account
  • MT4 integration
  • Low minimum deposit
  • Full range of investments
Cons
  • Unregulated
  • MetaTrader 5
  • Limited non-crypto funding methods
  • Weak regulatory oversight
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 Forex & CFD Trading Platform 2022
  • Best Customer Service 2021
  • Best Forex & CFD Trading Platform 2021
  • Best Forex & CFD Trading Platform 2020
  • Best Forex Execution 2020
  • Best Customer Service 2020
Bonus
35% Welcome Deposit Bonus
Instruments
Forex, indices, shares, commodities, cryptocurrencies Forex, Indices, Commodities, Shares, Cryptocurrencies, Metals
Demo Account
Yes Yes
Minimum Deposit
$0 $5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
VFSC
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes No
ECN Account
No Yes
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 Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android + Web Trader iOS & Android
Auto Trading
Yes EAs
Copy Trading
No Yes
Copy Trading Platform
Follow the trades of experienced users by acting on signals provided in the MetaTrader platforms.
Social Trading
Yes No
Trade Signals
Yes MT4 & MT5
VPS Hosting
Yes No
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. Trade CFDs with low fees and 1:1000 flexible leverage.
Leverage
1:500 1:1000
FTSE Spread
1.3 From 0.5 pips
GBPUSD Spread<
1.2 From 0.5 pips
Oil Spread
0.03 From 0.5 pips
Stocks Spread
Variable From 0.5 pips
Forex Trading
Trade currency pairs with tight spreads and 1:500 leverage. Major and minor currency pairs with low spreads on the MT4 and MT5 platforms.
GBPUSD Spread
1.2 1.1 average
EURUSD Spread
0.9 0.9 average
EURGBP Spread
0.9 1.1 average
Assets
60 50+
Cryptocurrency
Trade crypto and US Dollar CFDs. Trade a handful of cryptos against the USD with no commissions.
Spread
From 0.0001 Variable
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
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