SimpleFX vs Paxful

SimpleFX vs Paxful Comparison Table 2021
SimpleFX Paxful
SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees. Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Bonus
50% spread cashback None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Cryptos
Demo Account
Yes No
Minimum Deposit
$0 From 0.005 BTC
Payment Methods
Bitcoin Payments, FasaPay, Neteller, Skrill Bitcoin Payments, Credit Card, Mastercard, Neteller, PayPal, Skrill, Visa, Wire Transfer
Minimum Trade
0.01 lots 10 USD
Regulator
None None
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
Mobile Apps
Yes Android & iOS
Auto Trading
Yes No
Trade Signals
Yes No
Social Trading
Yes No
Copy Trading
No No
Islamic Account
No No
Account Currencies
- -
CFD
Leveraged CFD products are available in multiple financial markets. CFD trading not offered
Leverage
1:500
FTSE Spread
1.3
GBPUSD Spread
1.2
Oil Spread
0.03
Stocks Spread
Variable
Forex
Trade currency pairs with tight spreads and 1:500 leverage. Forex trading not offered
GBPUSD Spread
1.2
EURUSD Spread
0.9
EURGBP Spread
0.9
Assets
60
Cryptocurrency
Trade crypto and US Dollar CFDs. Paxful offers buying and selling of the world's leading cryptocurrencies.
Spread
From 0.0001 Rates set by vendors
Coins
BTC, BHC, LTC, ETH, ETC, XRP, LNK BTC, ETH, USDT