SimpleFX vs SynergyFX

SimpleFX vs SynergyFX Comparison Table 2021
SimpleFX SynergyFX
SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees. SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best Forex Broker 2018 - International Business Summit Malaysia
Australian Best Forex Broker 2015 - Global Financial Market Review
Best Currency Management Fund 2015 - GFMR
Bonus
50% spread cashback Spin & Win Draw
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities
Demo Account
Yes Yes
Minimum Deposit
$0 $50
Payment Methods
Bitcoin Payments, FasaPay, Neteller, Skrill Credit Card, Doku Wallet, Mastercard, Skrill, UnionPay, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
None ASIC, VFSC
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
Mobile Apps
Yes Yes
Auto Trading
Yes Yes
Trade Signals
Yes No
Social Trading
Yes Yes
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- -
CFD
Leveraged CFD products are available in multiple financial markets. Trade across several financial markets with up to 1:400 leverage.
Leverage
1:500 1:500
FTSE Spread
1.3 1.4
GBPUSD Spread
1.2 1.5
Oil Spread
0.03 0.030
Stocks Spread
Variable Variable
Forex
Trade currency pairs with tight spreads and 1:500 leverage. Trade forex with competitive spreads.
GBPUSD Spread
1.2 1.5
EURUSD Spread
0.9 0.8
EURGBP Spread
0.9 1.3
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