Trade Pro Futures vs SimpleFX

Trade Pro Futures vs SimpleFX Comparison Table 2024
Trade Pro Futures SimpleFX
2.8

Trade Pro Futures is #35 in our broker rankings.

4.2
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

Trade Pro Futures is an NFA-regulated forex and futures brokerage. Aimed towards high net-worth investors, the brand offers a large catalog of powerful trading platforms and tools, including MetaTrader 4. The broker also provides demo walkthroughs, transparent pricing and reliable customer support.

SimpleFX is an offshore forex, CFD and cryptocurrency broker with over 200,000 clients globally. The broker offers a proprietary trading solution, as well as the reputable MT4 platform. Traders can access a vast selection of digital assets with crypto deposits and multi currency accounts.

Comment by Reviewer
"Trade Pro Futures will appeal to high-volume traders looking for low-cost forex and futures trading with low to zero commissions. However, the $2500 minimum deposit means the broker is best for experienced traders." "SimpleFX is best for crypto traders looking for staking services and a social trading community to exchange ideas and signals."
Pros
  • Good regulatory credentials with authorization from the NFA
  • One of the largest suites of trading platforms and tools including Multicharts, CQG, MT4 and R-Trader
  • Access to seven futures and options exchanges including CME, CBOT, NYMEX and ICE for trade opportunities
  • Transparent pricing structure with exchange fee and NFA charges listed by instrument
  • Responsive customer support and platform assistance via live chat, telephone and email
  • Demo walkthroughs available by request for all trading platforms and investment tools
  • API & VPS support
  • SimpleFX crypto coin
  • Fast customer service
  • Beginner-friendly platform
  • Multi-currency single account
  • Lightning fast Bitcoin payments
  • Community forum to share trading ideas
  • Crypto staking solution with no starting deposit
Cons
  • High minimum deposit of $2500 for a forex account and $5000 for a futures account
  • Narrow choice of payment methods with bank transfer and cheque only
  • Third-party fees apply for access to some software
  • Instruments are restricted to forex and futures
  • Weak regulatory oversight
  • No MetaTrader 5 integration
  • Limited non-crypto funding methods
Awards
  • The Best Trading Platform Cryptocurrency, World Expo 2022 - Warsaw
  • Best Mobile App 2020 - Rankia Awards
  • The Best Trading Platform, Finance World Expo 2019 - Zug
  • Best Cryptocurrency Trading Platform, Cryptocurrency World Expo 2018 - Berlin
Instruments
Forex, futures Forex, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$2500 $0
Trading Platforms
  • MT4
  • MT4
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
NFA
Margin Trading
No Yes
STP Account
No Yes
ECN Account
No No
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No Yes
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes iOS, Android + Web Trader
Auto Trading
Yes Yes
Copy Trading
No No
Social Trading
No Yes
Trade Signals
Yes Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
3%
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Go long or short on over 170 CFDs with high leverage up to 1:500. The broker's social community is also a great place to pick up CFD strategy tips and trading ideas.
Leverage
1:500
FTSE Spread
1.3
GBPUSD Spread
1.2
Oil Spread
0.03
Stocks Spread
Variable
Forex Trading
Trade Pro Futures offers 50+ major, minor and exotic currency pairs on MT4, TradingView or Collective 2. Leverage up to 1:100 is available on forex futures. SimpleFX offers a competitive suite of 60 forex pairs with average spreads of 0.9 pips. The charting features are extensive, with convenient mobile and desktop access for all experience levels.
GBPUSD Spread
Floating 1.2
EURUSD Spread
Floating 0.9
EURGBP Spread
Floating 0.9
Assets
25+ 60
Cryptocurrency
Crypto trading not offered SimpleFX offers popular crypto coins including Bitcoin and Ethereum paired with the USD. Traders benefit from feature-rich analysis tools as well as a bespoke staking service where capital can be used for margin trading.
Spread
From 0.0001
Coins
  • BTC
  • BHC
  • LTC
  • ETH
  • ETC
  • XRP
  • LNK
  • WAV
  • XTZ
  • YFI
  • ADA
  • DOT
  • EOS
  • NEO
  • BNB
  • XMR
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
No No
More Comparisons
Trade Pro Futures
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SimpleFX
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