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 CFD, Stocks and Forex trading on 35,000+ 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
Bonus
50% spread cashback None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Stocks, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
None $10000
Payment Methods
Bitcoin Payments, FasaPay, Neteller, Skrill
Minimum Trade
0.01 lots Vary by asset
Regulator
None Danish FSA, FCA and Others
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
ECN Account
No No
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
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.
Spread
From 0.0001
Coins
BTC, BHC, LTC, ETH, ETC, XRP, LNK
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