SimpleFX vs NicoFX

SimpleFX vs NicoFX Comparison Table 2022
SimpleFX NicoFX
SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees. NicoFX facilitates trading in forex and precious metals under CySEC regulation.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
Best STP Broker 2016 - MENA Awards
Bonus
50% spread cashback None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, Metals
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Bitcoin Payments, FasaPay, Neteller, Skrill Credit Card, Mastercard, Skrill, UnionPay, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
None CySEC
Margin Trading
No -
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No -
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No -
PAMM Account
No -
LAMM Account
No -
Demat Account
- -
AI / Machine Learning
- -
Robo Advisor
- -
Negative Balance Protection
- -
Market Maker
- -
P2P Trading
- -
Spot Trading
No -
Mobile Apps
Yes Yes
Auto Trading
Yes Yes (EAs)
Trade Signals
Yes Yes
VPS Hosting
- -
Tournaments
- -
Demo Competitions
- -
Ethical Investing
- -
Social Trading
Yes No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- -
CFD
Leveraged CFD products are available in multiple financial markets. CFD trading not offered
Leverage
1:500 1:30
FTSE Spread
1.3 N/A
GBPUSD Spread
1.2 From 0.9
Oil Spread
0.03 N/A
Stocks Spread
Variable N/A
Forex
Trade currency pairs with tight spreads and 1:500 leverage. Start trading a long list of leading currencies with up to 1:30 leverage.
GBPUSD Spread
1.2 From 0.9
EURUSD Spread
0.9 From 0.9
EURGBP Spread
0.9 From 0.9
Assets
60 38
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
- -
Crypto Mining
- -
Auto Market Maker
- -
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