SimpleFX
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Popularity |
2/5 |
|---|---|
| Minimum Deposit | $1 / 0.0001₿ |
| MT4 | ✔ |
| MT5 | – |
| Payment methods | Bank Wire · Credit Card · Fasapay · Bitcoin |
| Account currencies | AUD · CAD · CHF · CNY · CZK · DASH · DKK · EUR · GBP · IDR · INR · JPY · LTC · MYR · NOK · PLN · RUB · SEK · SGD · USD · ZAR · BTC |
| Languages | English · Arabic · Spanish · French · Hindi · Indonesian · Japanese · Korean · Malay · Portuguese · Russian · Thai · Turkish · Vietnamese · Chinese |
| Countries | UAE · Bangladesh · Cyprus · Egypt · UK · Ireland · Indonesia · India · Kenya · Sri Lanka · Malaysia · Nigeria · Philippines · Pakistan · Saudi Arabia · Singapore · Thailand · Vietnam · South Africa… |
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| Rating | ★★★★☆ |
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
✚ Review
SimpleFX is a multi-asset brokerage company that offers online trading services to traders around the world. The company was founded in 2014.
One of the main advantages of SimpleFX is its user-friendly interface, which makes it easy to navigate and start trading. The platform is available on desktop and mobile devices, and there are also apps available for iOS and Android devices.
SimpleFX offers a wide range of trading instruments, including forex, commodities, indices, and cryptocurrencies. The platform also offers high leverage.
Another plus is the low minimum deposit requirement. This makes it accessible for traders with smaller budgets. The company also offers a variety of deposit and withdrawal options, including bank transfers, credit/debit cards, and e-wallets.
One potential downside is the lack of regulation. SimpleFX is not regulated by any major regulatory agency, which may be a concern for some traders. However, the company does have a good track record of handling customer complaints and has received mostly positive reviews from traders.
In terms of customer support, SimpleFX offers support through email and live chat. The company's support team is generally responsive and helpful, although some traders have reported slow response times.
Overall, SimpleFX is a reliable and user-friendly online brokerage that offers a wide range of trading instruments and low minimum deposits. While the lack of regulation may be a concern for some traders, the company has a good track record and receives mostly positive reviews from its users.
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Risk Warning: Investments involve a high level of risk. It is possible to lose all your capital. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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