SimpleFX Broker Review


SimpleFX
SimpleFXbelieves in meeting the varying requirements of traders when it comes to offering trading platforms. The forex broker offers everything from a software-based to web-based platform service, and relies on award-winning third-party companies like MetaTrader 4 and WebTrader to present a smooth and intuitive trading experience to all its clients.In addition to desktop and web, SimpleFX also offers trading platforms for Android and iOS devices, ensuring an on-the-go trading experience.

All the above mentioned trading platforms carry SimpleFX’s official logo and offer traders a range of attractive tools. They include: real-time streaming quotes, multiple charting options, direct deposit buttons, trading statistics, multiple graph viewing, graph oscillators, amongst many other features.

Special Features

The SimpleFX’s Unique Bitcoin Account emerges as one of the main attractions on the platform, for it excuses traders from submitting identity proof, which in turn makes them completely anonymous.

Additionally, the users of Unique Bitcoin Account are given certain exemptions, such as a zero deposit feature, as well as zero charge for deposits and withdrawals, leverage from 1:2 to 1:500 and a 24/7 open market.

Some of the features that are offered in all account packages are

  • Cash Match Bonus*
  • Free Demo Account
  • Quick and easy withdrawals
  • Multiple accounts, one login
  • 24/5 multilingual support
  • Mobile Trading
  • Free Trade Signals
  • Client Protection Insurance
  • Real-time statistical reports
  • Educational resources.

Minimum Deposit: $50

Currencies: BTC,USD, EUR, GBP

 

Trading Software and Assets

SimpleFX’s Standard Account comes handier to traders who wishes to trade in traditional currency markets, covering currencies such as AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, JPY, NOK, PLN, RUB, SEK, and the USD. Unlike with the aforementioned Bitcoin account, traders get to submit their identity proofs while depositing and withdrawing funds, for it includes traditional payment services like Bank Transfer, Neteller, Skrill, Credit Cards, WebMoney, which all requires traders to go through identity verification’s.

Assets: Altcoins, Currencies, Stocks, Indices, Commodities

Mobile: Yes

Support and Services

SimpleFX addresses customer inquiries through a dedicated cell via email, ticket system and phone

— 24/7. The broker however provides its customer support mainly in English.

Overall, SimpleFX is truly an innovative trading platform. We particularly liked its seriousness towards including trading markets such as Bitcoin to appeal more traders. In addition to this, we also enjoyed the intuitiveness of SimpleFX’s trading platforms, as well as their ability to execute scalp trades. The platform also supports hedging, which makes it a good spot to anchor long term investments.

Languages: English

Email: support@simplefx.com

Live Chat: Yes

Demo Account: Yes

Banking and Company

The minimum deposit is generally $50 while the minimum to start trading is set to $100 as shown with the Standard account package. Users can deposit using Bitcoin without any fees.

Minimum for depositing via bank wire is $250 and it is subject to fees if less is deposited using this method. Online solutions such as ( WebMoney, Skrill, Neteller) are also without fees, but they do require withdrawals via the bank wire transfer. Deposits with online solutions will show up instantly, while credit cards require some 10 minutes. Wire deposits will take 1-3 days to show up on the trading account

Withdrawals are subject to a $10 minimum amount. This is valid for transfers via the aforementioned credit cards. The wire transfer requires $150 minimum. Users will cover SimpleFX costs if less than this amount is withdrawn.

 

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Deposit Methods: Bitcoin, Neteller, Skrill, WebMoney

Cashout Time: 24h

HQ: SimpleFX Ltd. Suite 305, Griffith Corporate Centre P.O. Box 1510, Beachmont Kingstown St. Vincent and the Grenadines

Nationalities: All

Online Since: 2014