Zenfinex vs SimpleFX

Zenfinex vs SimpleFX Comparison Table 2023
Zenfinex	SimpleFX
Review Not Yet Rated	Review 4.2
Traders from US not accepted	Traders from US not accepted
Zenfinex is a UK-headquartered broker offering social trading, low fees and MT4.	SimpleFX is a CFD broker offering the popular MT4 platform plus its own SFX WebTrader platform. Account holders benefit from low trading fees with tight spreads.
Pros
	API & VPS Ethereum staking No minimum deposit Fast customer support Beginner-friendly platform Multi-currency single account
Cons
	Unregulated MetaTrader 5 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
Promotions
	Sign Up With SimpleFX For A $2500 Instant Deposit Bonus
Instruments
Forex, CFDs, indices, commodities	Forex, indices, shares, commodities, cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$50	$0
Payment Methods
Credit Card Mastercard Neteller Skrill Swift Visa Wire Transfer	Bitcoin Payments Credit Card Ethereum Payments FasaPay Neteller Skrill
Minimum Trade
0.01 lots	0.01 Lots
Regulator
FCA, SVGFSA
Margin Trading
No	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
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
Yes	No
Copy Trading Platform
Zenfinex offers social copy trading through the interactive iOS and Android ZenConnect mobile app. Investors can buy and sell on the financial markets using the tips and positions of other traders.
Social Trading
Yes	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
	Australian Securities Exchange CAC 40 Index France Dow Jones Euronext Hang Seng IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq National Stock Exchange Of India New York Stock Exchange S&P 500 SIX Swiss Exchange
Commodities
Gold Silver	Gold Natural Gas Silver
CFD Trading
Leveraged contracts for difference are available on multiple financial markets.	Leveraged CFD products are available in multiple financial markets.
Leverage
1:30 UK, 1:400	1:500
FTSE Spread
2.0	1.3
GBPUSD Spread<
0.3	1.2
Oil Spread
0.05	0.03
Stocks Spread
N/A	Variable
Forex Trading
Ultra competitive spreads are available on forex pairs at Zenfinex.	Trade currency pairs with tight spreads and 1:500 leverage.
GBPUSD Spread
0.3	1.2
EURUSD Spread
0.1	0.9
EURGBP Spread
0.3	0.9
Assets
50+	60
Cryptocurrency
Crypto trading not offered	Trade crypto and US Dollar CFDs.
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

Review	Review
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