SimpleFX vs Paxful

SimpleFX vs Paxful Comparison Table 2022
SimpleFX Paxful
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
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.
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, Debit Card, Google Pay, Mastercard, Neteller, PayPal, Skrill, Visa, Wire Transfer
Minimum Trade
0.01 lots 10 USD
Regulator
Margin Trading
No Yes
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
- No
eSignal
- -
Trading Central
- -
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No Yes
Spot Trading
No Yes
Mobile Apps
Yes Android & iOS
Auto Trading
Yes -
Trade Signals
Yes -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
Yes No
Copy Trading
No No
Islamic Account
No No
Account Currencies
- USD, EUR, GBP
Stock Exchanges
- -
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
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- -
Auto Market Maker
No No
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