SimpleFX vs Saxo Bank

SimpleFX vs Saxo Bank Comparison Table 2021
SimpleFX Saxo Bank
SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees. A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Promotions

SimpleFX Launches Euro 2021 Trading Cup With $50,000 In Cash Prizes

Bonus
50% spread cashback None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
None $10000
Payment Methods
Bitcoin Payments, FasaPay, Neteller, Skrill Credit Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 lots Vary by asset
Regulator
None Danish FSA, FCA and Others
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No No
Mobile Apps
Yes SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Yes No
Trade Signals
Yes Yes
Social Trading
Yes No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, CHF
CFD
Leveraged CFD products are available in multiple financial markets.
Leverage
1:500 1:30
FTSE Spread
1.3 1.2 pts (Variable)
GBPUSD Spread
1.2 0.7 (var)
Oil Spread
0.03 0.03
Stocks Spread
Variable 0.10% (subject to min commission)
Forex
Trade currency pairs with tight spreads and 1:500 leverage.
GBPUSD Spread
1.2 0.7 (varies by region)
EURUSD Spread
0.9 0.2 (varies by region)
EURGBP Spread
0.9 0.6 (varies by region)
Assets
60 40+
Cryptocurrency
Trade crypto and US Dollar CFDs. Crypto trading not offered
Spread
From 0.0001
Coins
BTC, BHC, LTC, ETH, ETC, XRP, LNK
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