About Simplefx.com
Simplefx.com is a CFD broker which was founded in 2014. The broker is registered as an International Business Company in St. Vincent and the Grenadines, boasting more than 200,000 registered users but with no licence from a financial regulator. However, the broker does provide security of funds by advertising the segregation of client funds and a negative balance protection policy among other features.
Simplefx.com is a robust online trading provider, offering trading with Forex CFDs on Bitcoins, Litecoins, indices, precious metals and energy. The mission is to keep the offer and trading conditions simple and transparent. Company motto: “Keep it simple!” SimpleFX Ltd. does not provide services to citizens and residents of the United States or any country where such distribution or use would be contrary to local law or regulation.
Simplefx.com is a broker that offers CFD instruments on a number of assets with leverage up to 500x. These assets include the likes of commodities, shares, cryptocurrency, forex and much more. SimpleFX has tried to make the trading process more beginner friendly with their web based trading platform. However, to satisfy the more advanced traders they also have an MT4 platform (more on this below).
Operating Company
| Exchange Name | Simplefx.com |
| Support | 24/7 |
| Language | English |
| Deposit Fee | Free |
| Additional Fee | 3% fee |
| Minimum Payment | $25 |
| Official Site | Homepage |
How To Start With Simplefx.com
To Start Trading With Simplefx.com Exchange Cryptocurrency Indian Residents First Have To Sign Up For An Account By Following The Steps Below.
Step 1. Click On The “Login/Signup” Link On The Top Right Hand Corner Of The Simplefx.com Exchange Cryptocurrency Website.
Step 2. In The Form, Fill In Your First Name, Last Name, Mobile Number, Email ID And Password.
Step 3. If You Have A Referral Code, Enter The Code While Creating Your Account.
Step 4. Submit The Form And Wait For An Activation Email To Be Sent To You.
Step 5. Click On The “Confirm Email” Link In The Activation Email.
Step 6. After Your Account Is Activated, You’ll Be Sent A 6 Digit One Time Password (OTP), Which You Have To Enter After Logging Into Your Simplefx.com.
SimpleFX Fees
Trading at SimpleFX is commission-free. Spreads are around 1.3 pips for major indices like the FTSE 100. For EUR/USD, spreads average around 0.9 pips and for gold, you’re looking at around 0.17 pips. In comparison to similar brokerages, these trading fees are fairly competitive.
Details of swap fees and rates are provided in contract specifications. Note that if an account is inactive, an additional 3% fee will be added (minimum $25).
Payment Methods
SimpleFX offers a number of quick and commission-free payment methods, largely via cryptocurrencies such as Bitcoin and Dash, or via e-wallets such as Neteller or Skrill. If you don’t already have crypto, you will need to buy some using an exchange. Methods usually take around an hour to process and in most cases, there is no minimum or maximum deposit limit. Credit cards are not accepted.
Withdrawals need to be made via the same method that was originally used to deposit funds. Payments usually take around 24 hours and in most cases are fee-free. Minimum withdrawal limits do vary a little and these can be found on the website
Trading Crypto with SimpleFX
Accounts
- Lucrative affiliate program
- Up to 1:500 leverage
- Multicurrency Accounts
- No minimum deposits
Markets
- 60 currency pairs
- Crypto, forex, and indicies
- Spreads from 0.1
- Trade 24/7/365
Trade on any Device
- API manager
- No trade commission
- MetaTrader 4
- Fast execution
Security
- Negative balance protection
- Two-factor authentication
- Secure Funds on Client segregated accounts
- Fast and secure transfers
Affiliates
- Transparent third-party affiliate system
- Snowballing Income
- Simulate your monthly earnings
- Simple Cookie-based System
MetaTrader 4
SimpleFX offers the downloadable MT4 desktop platform. MetaTrader 4 is widely used by many brokers and appeals to traders of all levels. In comparison to the broker’s web platform, MT4 offers a more advanced trading experience, with the inclusion of automated algorithmic strategies through Expert Advisors and Python, plus trading signals and copy-trade features.
Community
- Trading Ideas to discuss markets
- Signal trading between all MetaTrader 4 brokers
- Easy sign in/up with Facebook and Google+
- No registration required to test platform
Trade on any Device
Choose an application that works perfectly on every device. Simplefx.com WebTrader is the fastest, most intuitive CFD trading tool available.
SimpleFX Mobile Apps
Trade on your phone using SimpleFX native iOS or Android apps.
Leverage
Traders with Simplefx.com are offered 500:1 leverage, multi-currency accounts, spreads from 0.1 pips and no minimum deposits, as well as a trader community for signal trading between all MetaTrader 4 brokers. The broker also offers a trading blog covering live market analysis.
Deposit & Withdrawal
Pay in and pay out as you like it Each withdrawal has to be made with the same payment system as the one used for the deposit.
SimpleFX WebTrader
The Simplefx.com and the most powerful online trading tool. Fast, reliable, designed and optimized for every device, easy-to-pick-up for beginners yet with unlimited advanced trading features thanks to an intuitive and secure API manager.
Join the Team!
If you’d like to work in a dynamic start-up like yet highly professional environment, give it a try and join the team. Work on a world-class product developed in the most advanced technologies.
Contact us
[email protected]
[email protected]
SimpleFX Ltd., Suite 305, Griffith Corporate Centre Beachmont, Kingstown VC0100, St. Vincent and the Grenadines, is incorporated IBC by the Registrar of International Business Companies.
Legal Entity Identifier: 21380042B8QJ87V4HA89
