Zenfinex vs SimpleFX

Zenfinex vs SimpleFX Comparison Table 2021
Zenfinex SimpleFX
Zenfinex is a UK-headquartered broker offering social trading, low fees and MT4. SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Bonus
None 50% spread cashback
Instruments
Forex, CFDs, indices, commodities Forex, CFDs, 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, FasaPay, Neteller, Skrill
Minimum Trade
0.01 lots 0.01 lots
Regulator
FCA, SVGFSA None
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
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 Yes
Social Trading
Yes Yes
Copy Trading
Yes No
Islamic Account
No No
Account Currencies
- -
CFD
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
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