SimpleFX vs TeraFX

SimpleFX vs TeraFX Comparison Table 2021
SimpleFX TeraFX
SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees. TeraFX is a regulated forex broker offering MT4 desktop & mobile trading.
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 Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Bitcoin Payments, FasaPay, Neteller, Skrill Neteller, Skrill, Visa
Minimum Trade
0.01 lots 0.01 lots
Regulator
None FCA
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No No
Mobile Apps
Yes Yes
Auto Trading
Yes Yes
Trade Signals
Yes No
Social Trading
Yes No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- -
CFD
Leveraged CFD products are available in multiple financial markets. Trade CFDs with leverage across multiple asset classes.
Leverage
1:500 1:30 Retail, 1:200 Professional
FTSE Spread
1.3 Floating
GBPUSD Spread
1.2 Floating
Oil Spread
0.03 Floating
Stocks Spread
Variable N/A
Forex
Trade currency pairs with tight spreads and 1:500 leverage. Trade 50+ forex pairs with 1:30 leverage.
GBPUSD Spread
1.2 Floating
EURUSD Spread
0.9 Floating
EURGBP Spread
0.9 Floating
Assets
60 59
Cryptocurrency
Trade crypto and US Dollar CFDs. Crypto trading not offered
Spread
From 0.0001 Trade top crypto pairs on MT4.
Coins
BTC, BHC, LTC, ETH, ETC, XRP, LNK BTC, ETH, LTC, XRP