SimpleFX vs OctaFX

SimpleFX vs OctaFX Comparison Table 2021
SimpleFX OctaFX
SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees. OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best ECN/STP Broker 2019 - FXDaily Info
Best Forex Broker Asia 2019 - FXDaily Info
Best Forex Broker Asia 2018 - Global Banking & Finance Review
Best FX Broker 2018 - European CEO Magazine
Best Trading Conditions 2018 - European CEO Magazine
Best Copy Trading Platform 2018 - Forex-Awards.com
Best Forex ECN Broker 2017 - UK Finance Awards
Best Trading Conditions 2016 - Forex Report Magazine
Bonus
50% spread cashback 50% deposit bonus
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Bitcoin Payments, FasaPay, Neteller, Skrill Credit Card, Doku Wallet, Mastercard, MoneyGram, Paysafecard, Perfect Money, Vietcombank Transfer, Visa, Western Union, Wire Transfer, WorldPay
Minimum Trade
0.01 lots 0.01 lots
Regulator
None CySEC
Margin Trading
No No
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No Yes
STP Account
No No
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
- No
AI / Machine Learning
- No
Robo Advisor
- No
Negative Balance Protection
- No
Market Maker
- No
P2P Trading
- No
Spot Trading
No No
Mobile Apps
Yes Yes
Auto Trading
Yes Yes
Trade Signals
Yes Yes
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- Yes
Ethical Investing
- 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. Trade on the financial markets with CFDs.
Leverage
1:500 1:30
FTSE Spread
1.3 1.8
GBPUSD Spread
1.2 1.1
Oil Spread
0.03 1.1
Stocks Spread
Variable Variable
Forex
Trade currency pairs with tight spreads and 1:500 leverage. OctaFX offers leveraged trading on currencies.
GBPUSD Spread
1.2 1.1
EURUSD Spread
0.9 0.7
EURGBP Spread
0.9 2.1
Assets
60 28
Cryptocurrency
Trade crypto and US Dollar CFDs. Trade popular digital currencies at OctaFX.
Spread
From 0.0001 Variable
Coins
BTC, BHC, LTC, ETH, ETC, XRP, LNK BTC, LTC, ETH
Crypto Lending
- No
Crypto Mining
- No
Auto Market Maker
- No