SimpleFX is a reputable, regulated forex broker. It offers low minimum deposits, great trading conditions, and a safe trading environment. It also offers helpful educational resources, useful market analysis, and outstanding customer support.
About SimpleFX
Regulation
SimpleFX is registered in St. Vincent and the Grenadines. It is incorporated IBC by the Registrar of International Business Companies.
Fund Safety
SimpleFX places a high value on client fund safety. It keeps client funds separate from its own funds, in segregated accounts. It also offers clients negative balance protection.
Trading Platforms
SimpleFX offers trading on the MT4 trading platform. It also offers access to the markets via its SimpleFX WebTrader and its mobile trading app.
Trading Instruments
SimpleFX offers many trading instruments including currency pairs, cryptocurrencies, equities, indices, commodities, and metals
Account Types
FXSimple has one main account type. It has excellent trading conditions, including high leverage. It also has a low minimum deposit, making it accessible to all traders.
Spreads | Instruments | Minimum Deposit | Max. Leverage | Commission | |
Live | From 0.1 pips | 100+ | $1 | 1:500 | $0 |
Deposits & Withdrawals
SimpleFX offers many convenient payment methods such as debit card, credit card, bank transfer, and Skrill. It accepts deposits in several fiat currencies. It also accepts deposits in Bitcoin, Litecoin, Ethereum, Dash and Bitcoin Dash.
Trading Tools
SimpleFX offers EAs and a trading calculator.
Education
SimpleFX has many helpful resources including educational articles, trading videos, and a trading glossary. It also has free daily market analysis.
Extra Trading Services
SimpleFX has created a trading community where you can share ideas and discuss your strategies. You can also use it to find out what others think about the latest market news and price trends.
Documents
When you open an account, you need to provide SimpleFX with certain documents. These include a proof of ID and a proof of address. They will accept copies of your passport, driver’s licence, recent utility bills, or recent bank account statements.
SimpleFX Customer Support
SimpleFX has a helpful customer support team. You can contact them via email. They are available Monday to Friday, from 04:30 – 21:30 UTC.
Conclusion
SimpleFX is a reputable broker with a wide range of trading instruments. It offers high leverage and fast trade execution. It also offers helpful educational materials, powerful trading platforms, and good customer support.
Ready to sign up? Register for an online trading account with SimpleFX here.