SimpleFX Review

Edited by: Marlie Rosset

SimpleFX Review - Main Banner

 

SimpleFX is not a typical trading platform – it has been a pioneer in integrating cryptocurrency and traditional finance. It is Purpose-built to serve both markets, it offers zero-commission trading, high leverage options, and user-friendly tools designed to meet the needs of everyday traders without requiring an advanced financial background.

 

BrokerSimpleFX
Regulation and Licenses🇲🇺 FSC Mauritius
Minimum DepositNone
LeverageUp to 1:1000 (SVG);
up to 1:100 (Mauritius)
SpreadsFloating; tight on
majors (e.g. 0.1 - 0.5
pips on EUR/USD)
Fees and CommissionsCommission-free;
you pay spreads +
rollover (where
applicable)
Ease of Use Rating⭐⭐⭐☆☆
BonusesFirst Deposit Bonus
SFX Coin cashback
Stake & Earn
Support Hours24/5 live chat
in-app support
Trading PlatformsWeb app
Mobile app (iOS/Android)
Desktop app
API
Account TypesLive (SVG or
Mauritius)
Demo
Base Currencies16+ cryptocurrencies
(BTC, ETH, USDT, etc.);
fiat for Mauritius accounts
Currency Pairs57+ across majors,
minors, exotics
Inactivity Fee$20/month after 90
days of no trading
activity
Affiliate ProgramMulti-tier, includes
Unilink referral model
ScalpingAllowed
HedgingAllowed
Trading Instruments1,000+ across crypto,
forex, stocks, indices,
metals, commodities
Open an AccountOpen Account

 

★★★★
Minimum Deposit: $0
Regulated by: FSC
Crypto: Yes

 

Overview

SimpleFX has been redefining online trading since 2014, offering a unique platform that blends traditional finance with crypto. With zero commissions, high leverage, and intuitive tools, it caters to both novice and experienced traders across a wide range of assets.

 

BrokerSimpleFX
Founded2014
Trading InstrumentsCrypto
Forex
Commodities
Indices
Stocks
CommissionZero commission (spread-based pricing)
LeverageUp to 1:500
Support24/7 human customer support (no bots)
Utility TokenSFX Coin
Platform TypeWeb, Mobile App
Unique Selling PointBuilt from the ground up for both crypto and traditional finance users
Open an AccountOpen Account

 

Frequently Asked Questions

 

What makes SimpleFX different from other trading platforms?

SimpleFX stands out for its native integration of crypto and traditional finance. Unlike platforms that added crypto later, SimpleFX was built to support both from day one, offering a seamless and modern trading experience.

 

Does SimpleFX charge trading commissions?

No, SimpleFX operates on a zero-commission model. Instead of charging per trade, the platform earns through spreads, allowing traders to enter and exit positions without worrying about added fees.

 

What types of assets can I trade on SimpleFX?

SimpleFX offers access to a broad range of instruments, including cryptocurrencies, forex, commodities, indices, and stocks, making it a versatile option for traders looking to diversify their strategies within a single platform.

 

How is SimpleFX’s customer support?

SimpleFX maintains a “no bots, just humans” policy, meaning users get real, human support when they need it. This hands-on, personal approach is rare and appreciated in an industry often dominated by automated systems.

 

Our Insights

SimpleFX delivers an impressive blend of crypto and traditional asset trading, with intuitive tools, zero commissions, and human support – ideal for traders seeking a balanced, user-friendly platform without compromise.

 

SimpleFX Overview

 

Why SimpleFX Is More Than Just a Trading Platform

SimpleFX has been pioneering the fusion of crypto and traditional markets since 2014. With a vision to simplify finance for all, it offers a powerful, intuitive platform that supports trading in crypto, forex, commodities, and more, without fees or complexity.

 

FeatureDetails
Founded2014 – Over a
decade of trading
innovation
Markets OfferedCrypto
Forex
Indices
Commodities
Stocks
Platform StrengthsZero commissions
high leverage
intuitive tools
no minimum deposit
Core ValuesInnovation
Security
Community

 

Frequently Asked Questions

 

What makes SimpleFX different from other trading platforms?

SimpleFX was built from day one to merge cryptocurrency and traditional finance. With zero-commission trading, high leverage options, and a user-first interface, it removes complexity and makes global markets more accessible.

 

What markets can I trade with SimpleFX?

SimpleFX offers access to a wide range of instruments, including cryptocurrencies, forex pairs, indices, stocks, and commodities—all from one account. It’s a versatile platform built for modern traders seeking global exposure.

 

Is SimpleFX beginner-friendly?

Absolutely. SimpleFX prioritizes ease of use, offering a simple account setup process, no minimum deposit, and intuitive trading tools. It’s designed to be welcoming for beginners without sacrificing power for advanced users.

 

How does SimpleFX ensure platform security?

Security is a core value at SimpleFX. The platform uses advanced encryption, internal wallet management, and real-time threat detection systems to protect user assets. Regular updates and a no-cold-call policy further safeguard users.

 

Our Insights

SimpleFX stands out with its long history, strong crypto-traditional market integration, and user-first philosophy. Whether you’re new to trading or an experienced investor, it offers the perfect balance of simplicity, innovation, and security.

 

Why SimpleFX Is More Than Just a Trading Platform

 

SimpleFX Compliance and Regulation

In a way, SimpleFX operates under a dual-entity model:

 

  • 8Tech SVG Ltd, based in Saint Vincent and the Grenadines, is not regulated by any formal financial authority. This entity allows higher leverage (up to 1:1000) and fewer restrictions, but with limited regulatory oversight.

  • 8Tech Ltd, registered in Mauritius, is licensed by the Financial Services Commission (FSC) under license number GB23201604. This branch adheres to stricter regulatory standards, including a leverage cap of 1:100.

 

This structure gives users flexibility in choosing between lighter oversight with more freedom or stronger regulatory backing with tighter controls.

 

EntityLocationRegulatory Status
8Tech SVG Ltd🇻🇨 Saint Vincent
and the Grenadines
Not regulated
by a formal
financial
authority
8Tech Ltd🇲🇺 MauritiusLicensed by the
Financial Services
Commission
(FSC)

 

Is SimpleFX Legitimate?

SimpleFX is a credible, long-standing platform. While not fully regulated across all jurisdictions, it demonstrates legitimacy through several key factors:

 

Established Track Record

Operating since 2014, SimpleFX has survived and evolved in a highly volatile industry. Scam platforms rarely last a year, let alone a decade.

 

Transparent Terms and Conditions

The client agreement is clear and easy to understand. It outlines important elements like slippage, margin adjustments, and error pricing, without hiding critical details in legal jargon.

 

Visible Team and Active Presence

SimpleFX maintains a public-facing team, is responsive to user feedback, and consistently updates its platform, behavior that stands in contrast to fly-by-night operations.

 

Industry Recognition

With awards for Best Trading Platform and Best Customer Support, SimpleFX has earned continued recognition for reliability and service quality.

 

FactorDescription
Established Track RecordOperating since 2014,
SimpleFX has proven
its staying power in an
industry known for
volatility.
Transparent TermsClear, jargon-free
client agreements
detail slippage, margin
changes, and other
trading conditions.
Public Team and ActivityThe platform has a
visible, responsive
team and a consistent
update schedule.
Industry RecognitionMultiple awards for
platform performance
and customer support
reflect strong industry
credibility.

 

Client and Fund Safety

Your funds are treated with care and transparency:

 

Segregated Accounts

Client funds are never mixed with company operational funds. In case of insolvency, your funds remain protected.

 

Transparent Crypto Deposits

Crypto is deposited via wallet addresses, not obscure links or QR codes. You retain full control of your private keys (which you should never share).

 

No External Wallet Dependency

SimpleFX uses its wallet infrastructure, reducing third-party risks and improving fund security.

 

Crypto withdrawals are processed quickly and without platform fees. Delays, if any, are due to blockchain network congestion, not the platform.

 

Safety MeasureDescription
Segregated AccountsClient funds are kept
separate from
company funds,
ensuring protection
even in the event of
insolvency.
Transparent Crypto DepositsDeposits are made to
wallet addresses you
control - no shady
links or QR codes;
private key control
remains with you.
No Third-Party WalletsSimpleFX manages its
own wallet system,
minimizing external
risk and enhancing
fund security.
Fast, Fee-Free WithdrawalsCrypto withdrawals are
quick and free from
platform fees; delays
only occur due to
network congestion.

 

Security and Protection Measures

SimpleFX goes beyond the basics when it comes to platform and user security:

 

Cloud-Based Infrastructure

Upgraded from earlier systems, their current servers offer stronger DDoS protection and consistent uptime.

 

Behavioral Monitoring

Unusual login activity or suspicious withdrawals are flagged for investigation, ensuring proactive threat detection.

 

Real-Time Patching

Security vulnerabilities are resolved as they emerge—no waiting months for scheduled updates.

 

No Cold Calls Policy

SimpleFX never contacts users via unsolicited phone calls. All official communication occurs through verified email or in-platform chat.

 

The team regularly updates a scam alert section and educates users on phishing attempts, impersonators, and fake broker directories.

 

Security FeatureDescription
Cloud-Based InfrastructureEnhanced server setup
provides robust DDoS
protection and reliable
uptime.
Behavioral
Monitoring
Suspicious account
activity is flagged for
investigation, helping
prevent unauthorized
access.
Real-Time PatchingSecurity vulnerabilities
are addressed
immediately -
no delays or long
patch cycles.
No Cold Calls
+ Scam Alerts
SimpleFX never makes
unsolicited calls and
actively warns users
about scams through
regular updates.

 

Frequently Asked Questions

 

Is SimpleFX a regulated trading platform?

SimpleFX operates under a dual-entity model. Its Mauritius-registered entity is licensed by the Financial Services Commission (FSC), while its Saint Vincent and the Grenadines branch is unregulated, allowing higher leverage and fewer restrictions.

 

Can SimpleFX be trusted as a legitimate platform?

Yes. SimpleFX has been active since 2014, has won multiple industry awards, maintains a public-facing team, and operates transparently – traits not commonly found in scam platforms.

 

How does SimpleFX protect client funds?

Client funds are kept in segregated accounts and never mixed with company funds. The platform also avoids using external wallet providers and ensures secure crypto transactions using user-controlled wallet addresses.

 

What security measures does SimpleFX have in place?

SimpleFX uses cloud-based servers for strong uptime and DDoS protection, monitors unusual account behavior, applies real-time security patches, and maintains a strict no-cold-calls policy to reduce fraud risks.

 

Our Insights

SimpleFX strikes a rare balance between flexibility and security. With its dual-entity structure, clear legitimacy markers, robust fund protection, and proactive security measures, it offers a trustworthy environment for traders seeking both freedom and safety.

 

★★★★
Minimum Deposit: $0
Regulated by: FSC
Crypto: Yes

 

Live and Demo Account Types

There’s not much to SimpleFX’s account types; there’s only one live account and a demo account. You don’t have to figure out which account type will suit your strategy, because their account is extremely flexible in terms of conditions, leverage, deposit/withdrawals, etc.

 

FeatureSVG EntityMauritius Entity
RegulationUnregulated🇲🇺 FSC Mauritius
LeverageUp to 1:1000Up to 1:100
Base Currencies16+ Cryptos
(BTC, ETH,
USDT, etc.)
USD
EUR
GBP
Deposit MethodsCrypto OnlyBank Transfer
Card
Skrill
Neteller
VerificationID
Selfie
ID
Selfie
Proof of Address
Questionnaire
Account TypeCrypto Trading
Account
Fiat Trading
Account
Minimum DepositNone10 USD
Processing TimeNear instant
(depends on
network)
Up to 1 business
day (once funds
are received)
KYC Approval TimeAverage: 3 minutesAverage: 5 minutes
Trading InstrumentsAll 1000+ instruments
available
Same access to all
instruments
Available BonusesSFX Coin cashback
Stake & Earn
First Deposit
SFX Coin cashback
Stake & Earn
First Deposit
Fee StructureNo commission
Spreads only
No commission
Spreads only
Open an AccountOpen AccountOpen Account

 

What Account Types Does SimpleFX Offer?

There are two types of accounts at SimpleFX:

 

Live Account

This is your real-money account. It supports crypto or fiat funding, depending on whether you register under the Mauritius or SVG entity. You can trade across all available instruments, use leverage, and withdraw your profits when you’re done.

 

Demo Account

No deposit needed. You get access to all the same trading tools, instruments, and features — just with fake money. Great for testing strategies, learning how the platform works, or figuring out if you’re ready to trade live.

 

That’s it. No “silver,” “gold,” or “elite platinum diamond super-pro” tiers. Select ‘Real’ or ‘Demo’ and get started.

 

Demo Account Details

The demo account is wide open. You don’t even need to register with an email if you’re poking around. Choose your instrument, explore the tools, and place trades with either $10,000 in virtual funds or 1 BTC; whichever you prefer.

 

Here’s what makes it useful:

 

  • You can test different leverage settings and risk profiles.
  • All instruments are available, including crypto, forex, indices, and stocks.

 

There’s no time limit on the demo account. You’re not rushed to upgrade or commit.

 

Live and Demo Account Types

 

SimpleFX Account Registration

Opening an account with SimpleFX doesn’t take much. You’re not asked to write an essay about your experience or upload five types of ID. The steps are fast, the KYC is minimal (depending on the entity), and you start trading within minutes.

 

Who Can Open An Account with SimpleFX?

 

  • Anyone over 18, outside of restricted regions.
  • SVG accounts: global access (excluding banned countries), crypto only.
  • Mauritius accounts: limited to approved jurisdictions, fiat funding allowed.
  • Business accounts are not supported; it’s a retail-only service.

 

Which Countries are Banned?

 

  • 🇺🇸 United States
  • 🇪🇺 European Union and EEA countries
  • 🇨🇦 Canada
  • Mauritius (ironic, but true)
  • 🇲🇺 Sanctioned or high-risk nations

 

If your IP shows you’re from a restricted area, registration will be blocked. VPN tricks won’t work long-term.

 

How Do I Register an Account?

 

Step 1: Visit simplefx.com.
Click “Register,” and enter an email and set a password.

Step 2: Choose SVG or the Mauritius entity.
Verify your email, then complete Know Your Customer (KYC) if necessary.

Step 3: Fund your account and start trading.

 

Account Verification

 

  • SVG: selfie + ID. Approval takes minutes.
  • Mauritius: selfie, ID, proof of address, and basic financial questionnaire.
  • Documents must match the name on your funding method.
  • Photos must be clear; blurry uploads are rejected.

 

What Happens Next?

Once verified, your account is live. You can:

 

  • Fund using crypto or fiat (depending on your entity).
  • Open a demo or live account.
  • Set up 2FA for added security.

 

Share your Unilink to start earning referral rewards.

 

★★★★
Minimum Deposit: $0
Regulated by: FSC
Crypto: Yes

 

SimpleFX – Global Access and Local Restrictions

SimpleFX is available in most parts of the world, offering flexible crypto and forex trading. However, traders from select regions face restrictions due to regulatory policies, sanctions, or internal company decisions.

 

Region/CountryAvailability
🇺🇸 United StatesNot Available
🇪🇺 European Union
EEA
Not Available
🇨🇦 CanadaNot Available
🇲🇺 MauritiusNot Available
Sanctioned/High-Risk NationsNot Available
Latin AmericaAvailable
Southeast AsiaAvailable
AfricaAvailable
🇳🇿 New ZealandAvailable
🇦🇺 AustraliaAvailable
Middle East (non-sanctioned)Available

 

Frequently Asked Questions

 

Can U.S. residents open an account with SimpleFX?

No, SimpleFX does not currently accept clients from the United States due to regulatory constraints. This includes all U.S. states and territories, even for traders using VPNs or offshore entities.

 

Is SimpleFX available in the European Union or EEA countries?

No, traders from EU and EEA countries are restricted from opening accounts with SimpleFX. This decision is based on local financial regulations and licensing limitations affecting cross-border services.

 

Can Canadians trade on SimpleFX?

Unfortunately, no. SimpleFX does not allow users from Canada to register or trade on its platform. This includes both individual and business accounts from any Canadian province or territory.

 

Why is Mauritius restricted even though it’s a common offshore jurisdiction?

Ironically, yes – Mauritius is restricted despite being a known offshore hub. SimpleFX currently blocks registrations from Mauritius due to compliance and internal risk management policies.

 

Our Insights

While SimpleFX offers global reach, it restricts access from key regions like the U.S., EU, Canada, and some high-risk nations. Always check the latest availability before signing up to avoid disappointment.

 

SimpleFX - Global Access and Local Restrictions

 

Trading and Non-Trading Fees

SimpleFX doesn’t advertise itself as “zero-fee,” and that’s a good thing, because no broker is. What SimpleFX does instead is make its fee structure transparent, rather than burying it in a PDF that nobody reads.

 

Trading Fees

SimpleFX does not charge fixed commissions. That means you won’t see a flat $5 per trade like with some brokers. The broker fees for facilitating your trade are included in the spread.

Spreads vary depending on the type of trade, market conditions, and which liquidity pool fills your order. Here’s a general look at what to expect:

 

Instrument TypeTypical RangeSpread Type/
Commission
Forex (Majors)0.1 – 0.5 pipsFloating
None
Forex (Exotics)10 – 50 pipsFloating
None
Crypto Pairs0.2% – 2.5% (by pair)Floating
None
MetalsTight during normal hoursFloating
None
Stocks and IndicesVariable, depends on assetFloating
None

 

Does SimpleFX Charge Commission Fees?

No. SimpleFX is spread-only across all instruments. You don’t pay extra per-trade fees or hidden markups. What you see in the quote is what you pay. There’s no rounding fee, ticket fee, or platform fee per trade.

 

Overnight Fees and Rollovers

If you hold positions past market close, swap rates apply. These are standard across CFD brokers. SimpleFX charges swaps on most leveraged positions unless you use a swap-free option, which SimpleFX doesn’t currently offer.

Rollover times depend on the market. You can check the exact time per asset inside the platform. Some instruments offer triple swaps on Wednesdays to account for weekend holding periods.

 

Non-Trading Fees

Deposits are always free. Withdrawals vary based on method. Here’s an overview of what to expect:

 

  • Crypto withdrawals: A fixed network fee is listed clearly before confirmation.
  • Card withdrawals: 3.5%, with a minimum of $1.
  • Skrill and Neteller: 1%, with a minimum of $1.
  • Bank transfers: A flat $10 fee applies.

 

Inactivity and Currency Conversion Fees

SimpleFX charges an inactivity fee after 90 days with no trading activity. In addition, trading, depositing, and withdrawing in currencies that differ from your account base currency attract currency conversion fees.

 

Fee TypeAmountWhen It Applies
Inactivity Fee$20 per monthAfter 90 days with no
trades
Currency ConversionPlatform-based rateWhen funding in a
non-account currency

 

Frequently Asked Questions

 

Does SimpleFX charge commission fees on trades?

No, SimpleFX uses a spread-only pricing model. This means you don’t pay a fixed fee per trade—broker fees are already included in the spread. There are no platform, ticket, or rounding fees either.

 

What kind of spreads can I expect on SimpleFX?

Spreads on SimpleFX are floating and vary by asset. Major forex pairs often range from 0.1 to 0.5 pips, while crypto spreads range from 0.2% to 2.5%. Market conditions and liquidity providers affect final pricing.

 

Are there fees for non-trading actions like deposits or withdrawals?

Deposits are always free. Withdrawal fees depend on the method: crypto has network fees, cards charge 3.5%, Skrill/Neteller 1%, and bank transfers cost a flat $10. Fees are shown clearly before you confirm any action.

 

What are the inactivity and currency conversion fees?

SimpleFX charges a $20 monthly inactivity fee after 90 days without trading. Currency conversion fees apply when funding or withdrawing in a different currency than your account’s base currency. Rates depend on platform rates at the time.

 

Our Insights

SimpleFX keeps its fee model clean and transparent. You won’t pay commissions or hidden costs when trading. While there are standard non-trading and inactivity fees, everything is disclosed – no hidden charges buried in unreadable fine print.

 

Trading and Non Trading Fees

 

Is SimpleFX Affordable? Breaking Down the Costs.

SimpleFX keeps trading costs transparent with a commission-free model and variable spreads. While spreads depend on market conditions, they’re generally competitive. Non-trading fees are minimal and disclosed, making SimpleFX an attractive option for cost-conscious traders.

 

Frequently Asked Questions

 

How does SimpleFX compare with competitors on trading fees?

SimpleFX doesn’t charge fixed commissions; all trading fees are built into the spread. This can be more cost-effective than brokers charging flat fees per trade, especially for frequent or smaller-volume traders seeking flexibility and simplicity.

 

Are SimpleFX’s spreads competitive across different markets?

Yes. Major forex pairs often have tight spreads starting at 0.1 pips. Crypto spreads start at 0.2%, and metals remain competitive during normal trading hours. Spread variability depends on market conditions and liquidity sources.

 

What non-trading fees should users be aware of?

Deposits are free. Withdrawals carry modest fees based on the method. Inactivity fees apply after 90 days of no trading, and currency conversion charges may apply when transacting in a non-account currency. All fees are disclosed upfront.

 

Do you pay overnight or rollover fees on positions?

Yes, SimpleFX charges overnight swap fees for leveraged trades held past market close. These vary by asset and can include triple swaps on Wednesdays. There’s no swap-free option, so always factor this into longer-term positions.

 

Our Insights

SimpleFX offers a commission-free, spread-only pricing model that’s transparent and trader-friendly. With low entry costs, clear non-trading fees, and competitive spreads on most instruments, it’s a solid choice for both beginner and active CFD traders.

 

Stay Secure - Cyber Awareness and Safety at SimpleFX

 

How Does Leverage Work with SimpleFX?

It depends on which arm of the business you trade through.

 

  • SVG account: Max leverage is 1:1000
  • Mauritius account: Max leverage is 1:100

 

You don’t get a breakdown by asset class before you register, but general rules apply. Forex pairs usually have the highest leverage. Stocks, indices, crypto, and metals have less. If market conditions fluctuate, SimpleFX can reduce leverage, even on your open trades.

SimpleFX won’t email you first or give you a heads-up. If something like a Fed announcement or CPI print is about to be announced, your leverage might be cut mid-session. There’s no margin call either. If your account balance drops too far, positions are closed automatically.

 

SimpleFX Margin Requirements and Information

Here’s how margin works:

 

  • Initial margin: This is what you need to open a position. If you don’t have enough, the trade won’t go through.
  • Maintenance margin: Once your trade is live, you must maintain sufficient equity to support it. Drop below 30% of the required margin, and you risk being stopped out.
  • Stop-out level: 30%. There are no warnings; the system automatically closes trades if you drop below this level.

 

SimpleFX reserves the right to change margin requirements at any time. If it’s a planned change, you receive five days’ notice. If it’s tied to market chaos, it can be changed without notice.

 

Frequently Asked Questions

 

What is the maximum leverage offered by SimpleFX?

SimpleFX offers up to 1:1000 leverage for SVG-based accounts and up to 1:100 for accounts under the Mauritius entity. The available leverage depends on your registration and is not detailed by asset class before sign-up.

 

Are different instruments subject to different leverage limits?

Yes. While SimpleFX doesn’t publish exact leverage by asset upfront, typical structures apply—forex pairs usually offer the highest leverage, while stocks, indices, crypto, and metals generally come with lower leverage due to increased volatility.

 

How does SimpleFX handle margin and stop-out levels?

SimpleFX requires an initial margin to open a position and a 30% maintenance margin to keep it open. If your equity drops below that threshold, the platform automatically stops out trades without issuing a margin call.

 

Can leverage or margin requirements change without notice?

Yes. While planned changes include five days’ notice, SimpleFX reserves the right to reduce leverage immediately during market volatility, such as before major announcements, without prior warning, even affecting trades already in progress.

 

Our Insights

SimpleFX’s leverage offerings are competitive, especially for high-risk traders. However, limited transparency and sudden changes without warning make it essential for traders to manage risk proactively. Their margin system favors automation over communication, so vigilance is key.

 

How Does Leverage Work with SimpleFX

 

SimpleFX Payments – Deposits and Withdrawals

SimpleFX provides a transparent deposit and withdrawal system with strict name verification rules. Whether you’re funding via crypto, card, or bank transfer, the broker prioritizes compliance, speed, and clear cost structures over marketing fluff about “instant withdrawals.”

 

MethodDeposit Time
/Min/Max
Withdrawal Time
/ Limits
FeeJurisdiction
Credit Card
(Visa/MC)
Instant, $5–
$3,000
3 days
$5–$1,500
3.5%
(min $1)
🇻🇨 Saint Vincent
and the Grenadines
Bank Transfer3 days
$10 min
3 days
$100 min
$10 flat🇲🇺 Mauritius
Skrill / NetellerInstant
$5 min
3 days
$5 min
1% (min $1)🇻🇨 Saint Vincent
and the Grenadines
🇲🇺 Mauritius
BTC (incl. BEP20 &
Lightning)
1 min
1 hr, no limits
24 hrs, 0.0001
–0.015 BTC
From 0.00001
BTC to Free
🇻🇨 Saint Vincent
and the Grenadines
USDT (BEP20,
ERC20, TRC20)
1–15 min
0.01 USDT min
24 hrs
10 USDT min
0.5–4 USDT
(network-based)
🇻🇨 Saint Vincent
and the Grenadines
ETH (native &
BEP20)
1–15 min
no min
24 hrs
0.001–0.002
ETH min
0.0001–
0.0002 ETH
🇻🇨 Saint Vincent
and the Grenadines
LTC (native &
BEP20)
1 min –
1 hr, 0.01
LTC min
24 hrs, 0.005–
0.01 LTC min
0.001 LTC🇻🇨 Saint Vincent
and the Grenadines
BCH (native &
BEP20)
1 min –
1 hr, no min
24 hrs
0.001 BCH min
0.0003 BCH🇻🇨 Saint Vincent
and the Grenadines
DOGE (native &
BEP20)
1 min –
1 hr, 0.01
DOGE min
24 hrs
40 DOGE min
2 DOGE🇻🇨 Saint Vincent
and the Grenadines
ADA
TRX
DOT
LINK
~1 min, low
or no min
24 hrs
varies per token
0.05 LINK
to 1 TRX
🇻🇨 Saint Vincent
and the Grenadines
PAXG~15 min,
no min
24 hrs
0.01 PAXG min
0.004 PAXG🇻🇨 Saint Vincent
and the Grenadines

 

Frequently Asked Questions

 

What deposit methods does SimpleFX support?

SimpleFX accepts deposits via credit/debit cards, bank transfers, and multiple cryptocurrencies. Availability depends on your jurisdiction. All deposits must come from accounts under your name, and crypto deposits are generally the fastest and most cost-efficient.

 

How fast are withdrawals from SimpleFX processed?

Withdrawals are typically processed within five business days. However, crypto withdrawals are often much faster, usually within 24 hours. You must have enough margin and a verified account for requests to go through without delays.

 

Are there any deposit or withdrawal fees with SimpleFX?

Deposits are always free. Withdrawal fees depend on the method: card withdrawals incur 3.5%, Skrill/Neteller 1%, and crypto fees vary by network. All charges are displayed before confirmation, so there are no surprise costs.

 

Can I withdraw from SimpleFX using someone else’s account?

All deposits and withdrawals must match the account holder’s name. This strict rule supports anti-money laundering (AML) compliance. Any mismatch will result in rejection of the transaction, regardless of method or amount.

 

Our Insights

SimpleFX doesn’t overpromise with flashy payment claims. Instead, it offers a secure, transparent funding environment with reasonable processing times and clear fee structures. Crypto traders, in particular, benefit from faster withdrawals and lower costs overall.

 

SimpleFX Payments - Deposits and Withdrawals

 

Trading Platforms and Solutions

SimpleFX offers proprietary mobile, browser, and desktop applications. You won’t find any third-party integrations with MetaTrader or cTrader. Each SimpleFX platform has a different feel, but the core stays the same: clean interface, fast execution, and no bloated features you didn’t ask for.

The layout isn’t trying to impress UI award judges; it’s focused on speed, clarity, and muscle memory. There’s no “mobile-lite” nonsense; what you get on one platform, you get on all.

 

Desktop App

The downloadable app is fast, focused, and meant for traders who sit down with intent.

 

  • Launches directly from your desktop or taskbar with one click.
  • Supports one-click and one-slide trade execution.
  • Built-in trading calculator for real-time margin, lot size, and risk calculations.
  • Access to the full range of instruments, including crypto, forex, metals, and stocks.

 

Includes 24/5 live support access from inside the platform.

 

Desktop App

 

Web App

This version operates in your browser and is surprisingly powerful.

 

  • Includes multi-chart layouts, drawing tools, and custom indicator settings.
  • Offers full access to both live and demo accounts with instant switching.
  • No download required to access the full platform.
  • Advanced charting powered by TradingView is integrated by default.
  • Place, modify, and close trades directly from the chart screen.
  • You can manage staking and track SFX Coin cashback activity.

 

Provides push notifications and market alerts tied to economic events and trading hours.

 

Web App

 

Mobile App

The app is compatible with iOS and Android devices and can be used for real trading, not just position monitoring.

 

  • One-slide trading lets you open positions quickly with custom settings.
  • Fully functional charts and trading tools for all instruments.
  • You can adjust stop loss, take profit, and leverage from inside any open trade.
  • Notifications for price alerts, market open/close times, and major headlines.

 

Includes tutorials, glossary entries, and real-time help chat support.

 

Mobile App

 

SimpleFX API

The SimpleFX API provides developers (or traders) with full customization options.

 

  • REST API supports order placement, modification, and account data queries.
  • The WebSocket API provides real-time price streaming for all supported symbols.
  • You can automate trading strategies, integrate alerts, or build custom dashboards.
  • API keys are created inside your live account with full permissions control.

 

GitHub documentation is active and includes working code examples.

 

FeatureDesktop AppWeb AppMobile App
Installation RequiredYesNoneYes
Trading ExecutionOne-click
full control
In-chart trading
with instant order
access
One-slide trading with
editable SL/TP
ChartingAdvanced tools
TradingView
integration
Full TradingView
access with
markup tools
Functional charts
mobile-optimized
Instrument AccessAll 1000+
instruments
All instrumentsFull access
no limitations
Account SwitchingYesYesYes
Staking & SFX Coin SupportYesYesYes
NotificationsNonePush alerts availablePrice
market open/close
and news alerts
Support Access24/5 live chat
inside the app
Full support center
and live chat
Live chat
tutorials
glossary access
Useful ForFull-time traders
desktop setups
Flexible access from
any device
Traders on the go
phone-based setups

 

Frequently Asked Questions

 

Does SimpleFX support MetaTrader or cTrader?

No. SimpleFX does not integrate with third-party platforms like MetaTrader or cTrader. Instead, it offers its own proprietary desktop, web, and mobile apps designed for fast execution, clean layouts, and consistent functionality across all devices.

 

What makes the SimpleFX web app unique?

The SimpleFX web platform combines instant access with advanced TradingView-powered charts, multi-chart layouts, and direct trade execution. Users can manage both demo and live accounts, track cashback rewards, and receive real-time market alerts—all without downloading anything.

 

Is the mobile app fully functional for trading?

Yes. The mobile app offers full trading functionality, including one-slide trade execution, customizable leverage, charting tools, and stop loss/take profit settings. Traders also benefit from push notifications, in-app tutorials, and integrated live chat support on iOS and Android.

 

What can you do with the SimpleFX API?

The REST and WebSocket APIs let traders automate orders, stream real-time data, and build custom dashboards or trading tools. API keys are controlled through the user’s account, and official GitHub docs include working code samples and implementation guides.

 

Our Insights

SimpleFX delivers a powerful, proprietary trading experience across desktop, web, and mobile—without third-party plugins. Fast execution, clean interfaces, and full trade functionality make the platform ideal for traders who value performance, clarity, and simplicity over flashy extras.

 

★★★★
Minimum Deposit: $0
Regulated by: FSC
Crypto: Yes

 

SimpleFX’s Expansive Market Access

SimpleFX offers traders a rich, global spread of instruments—from crypto and commodities to forex, metals, and stocks. With leverage up to 1:1000, zero commissions, and a utility token that rewards activity, variety, and flexibility define the trading experience.

 

Asset ClassKey FeaturesCommissionLeverage (Max)
Cryptocurrencies60+ pairs, fast
execution
no wallet required
NoneUp to 1:1000
ForexMajors
minors
exotics
ultra-low spreads
on majors
NoneUp to 1:1000
MetalsGold
Silver
Platinum
inflation
hedges
NoneVaries
CommoditiesCFDs on
energy
agriculture
seasonal plays
geopolitical
hedges
NoneVaries
EquitiesStocks from 13+
countries
long/short flexibility
NoneVaries
Indices/FuturesMacroeconomic
plays, volatility instruments,
no expiry force
closures
NoneVaries
SFX CoinEarned, not traded
used to unlock
rewards and
features
Not applicableNot applicable

 

Frequently Asked Questions

 

What types of assets can you trade on SimpleFX?

SimpleFX supports crypto, forex, metals, commodities, indices, equities, and futures. You can go long or short, trade CFDs, and benefit from fast execution without dealing with physical contracts or unnecessary complexity.

 

How does SimpleFX handle cryptocurrency trading?

With over 60 crypto-fiat pairs—including BTC, ETH, and DOGE—SimpleFX offers high leverage (up to 1:1000 on SVG accounts), tight spreads, and no commissions. Positions settle in your account—no external wallets or blockchain delays involved.

 

Are there any tools for equity and index trading?

Yes. You can trade company stocks from over 13 countries, as well as major indices like the S&P 500 and DAX. Floating spreads apply, and trades execute quickly during market hours with no added commissions.

 

What is the role of the SFX Coin?

SFX Coin is a utility token rewarded for trading, depositing, or referring others. It’s not traded like crypto but used to unlock spread cashback, bonuses, and feature access, making it a valuable loyalty mechanism within SimpleFX.

 

Our Insights

SimpleFX offers an exceptionally broad range of instruments with something for every trader – from meme coins to soybeans. It combines zero-commission trading, tight spreads, and solid platform speed with a unique rewards model through its SFX Coin utility token.

 

SimpleFX’s Expansive Market Access

 

A Decade of Innovation in Trading

 

YearMilestone
2013Concept conceived
during a late-night
discussion about the
Bitcoin whitepaper.
2014SimpleFX officially
launches; begins
operations in Saint
Vincent and the
Grenadines.
2015First Bitcoin payment
processed; margin
trading support
introduced.
2016Migrates to cloud
infrastructure to boost
security after industry
wide hacks.
2017Adds Ethereum, DASH,
and Bitcoin Cash; wins
"Best Trading
Platform" award.
2018Launches fully native
mobile app and
integrates TradingView
charts.
2019Introduces the
“Trading Ideas” feature
to guide user strategy.
2021Adds Bitcoin Lightning
support for near
instant, fee-free crypto
transactions.
2022Launches Stake &
Trade; removes
traditional KYC
hurdles.
2023Wins “Best Support” at
Crypto Expo; enhances
human support team.
2024Celebrates 10th
anniversary;
launches new "Core"
platform and gains
Mauritius regulation.

 

A Decade of Innovation in Trading

 

SimpleFX Bonuses

SimpleFX doesn’t offer the usual “bonus trap” most offshore brokers push. You won’t find a maze of impossible withdrawal rules or hidden volume requirements.

 

Does SimpleFX Have a Sign-Up Bonus?

No traditional sign-up bonus is offered. You don’t get a $50 credit just for registering. Instead, you can qualify for a first deposit bonus (see below), which is based on how much you deposit.

 

Bonus TypeDetailsBonus RangeConditions
First Deposit BonusOne-time bonus on your first crypto depositUp to 50%Bonus % scales with deposit size, must claim within 30 days, for SVG accounts
SFX Coin CashbackEarn SFX Coin for every trade, based on spread paidDynamic, tied to spreadAutomatically credited, tradable but not withdrawable directly
Stake & EarnStake SFX Coin in your wallet to earn interest dailyVaries by staking poolNo lockup period, staking rewards added to SFX balance, requires active wallet

 

Frequently Asked Questions

 

Does SimpleFX offer a traditional sign-up bonus?

No, SimpleFX doesn’t offer a typical sign-up bonus. There’s no instant credit just for joining. Instead, the platform provides a one-time first deposit bonus based on the amount you fund your account with.

 

How does the First Deposit Bonus work?

The First Deposit Bonus applies to your initial crypto deposit, offering up to 50%. The exact percentage depends on the deposit size and must be claimed within 30 days. This bonus is available only to SVG-based accounts.

 

What is SFX Coin Cashback?

SFX Coin Cashback rewards you with SFX Coin based on the spread you pay while trading. It’s automatically credited and can be used within the platform. However, it’s not directly withdrawable as cash or crypto.

 

Can I earn passive rewards through staking?

Yes, SimpleFX offers a “Stake & Earn” program where you can stake SFX Coin to earn daily interest. There’s no lock-up period, and rewards go directly to your SFX balance, provided your wallet remains active.

 

Our Insights

SimpleFX avoids gimmicky bonus traps in favor of flexible, trader-friendly incentives. From scaled first deposit bonuses to SFX Coin rewards and staking options, their approach focuses on long-term engagement, not short-term marketing tricks.

 

SimpleFX Bonuses

 

Customer Reviews and Ratings

 

PlatformRatingReview CountSummary
Trustpilot4.0 / 556 reviewsGenerally positive feedback highlighting user-friendly interface and efficient trading experience.
Apple App Store4.9 / 57 ratingsUsers praise the app's ease of navigation and user-friendly design.
BrokersView4.3 / 542 reviewsPositive remarks on trading platforms and customer support, but concerns about regulatory status.
BitTrust4.02 / 542 reviewsCommendations for low fees and platform simplicity, though some users note limited features.
Sitejabber2.5 / 52 reviewsMixed experiences with one user praising reliability and another reporting abrupt position closures.

 

SimpleFX Unfiltered: Real Reviews from Real Users

 

Fast, Clean, and Crypto-Friendly 

I’ve been trading crypto pairs on SimpleFX for over a year, and I love how fast the platform runs, even during high volatility. The one-slide trading on mobile is slick, and crypto deposits are processed faster than most exchanges! – Daniel M.

 

Trustworthy and Transparent

What really stands out with SimpleFX is how transparent they are. No hidden fees, no shady bonus traps, and withdrawals go straight to my wallet without drama. I feel safe trading here, especially with their focus on account security. – Alicia R.

 

Everything I Need, Nothing I Don’t

SimpleFX nails the balance between features and simplicity. The TradingView charts are top-tier, and their proprietary web app is intuitive. I don’t miss MetaTrader at all—plus, the SFX Coin rewards add up over time. – Greg T.

 

Great for Crypto, Could Use More Fiat Options

SimpleFX is solid overall—I like the low spreads on crypto and metals, and their mobile app is better than most. That said, I wish there were more fiat withdrawal methods, especially for non-crypto traders. Still a strong platform. – Nadia V.

 

★★★★
Minimum Deposit: $0
Regulated by: FSC
Crypto: Yes

 

Partnering with SimpleFX

SimpleFX doesn’t treat partnerships like a random referral link at the bottom of a blog. The program is built into the core of the platform, and it’s one of the broker’s biggest community drivers. There are two main options: standard affiliate accounts and their unique Unilink referral model.

 

Affiliate Partner

This works like most referral programs. You promote SimpleFX and earn from the trading activity of the clients you refer. It’s tracked using a custom link, and all reporting takes place within your partner dashboard.

 

Unilink

Unilink sets SimpleFX apart by letting any user earn referral rewards – no affiliate signup required. Just share your Unilink, and you’ll earn a cut of the trading spread. Referrals can also become affiliates, creating a multi-level commission structure.

 

Benefits of the SimpleFX Affiliate Program

 

  • Real-time tracking through a dedicated partner dashboard.
  • Commission from every trade your referrals make, with lifetime attribution.
  • Payouts in crypto – fast, global, and no banking friction.
  • Customizable banners and landing pages for your campaigns.
  • No limits on earning — it scales with your audience.
  • Works with any SimpleFX trading entity (SVG or Mauritius).
  • Multilingual landing pages to match your referral’s language.

 

What You Need to Know Before Partnering with SimpleFX

To succeed as a SimpleFX affiliate, your audience should understand crypto, leverage, and CFD trading. You only earn when referrals trade – signups alone don’t pay. Terms can change anytime, so check your partner dashboard regularly. Also, if referrals abuse the system or use bots, SimpleFX can deny your commissions.

 

Frequently Asked Questions

 

What is the SimpleFX affiliate program?

The SimpleFX affiliate program lets you earn lifetime commissions from the trades of users you refer. Using your custom link, you get access to real-time stats, multilingual tools, and fast crypto payouts via a dedicated partner dashboard.

 

How does Unilink work?

Unilink allows any SimpleFX user to start earning by sharing a unique referral link—no affiliate registration required. It offers instant access to spread commissions, and referrals can even become affiliates themselves, enabling a multi-level payout structure.

 

What are the affiliate program’s main benefits?

You get real-time tracking, lifetime attribution, and unlimited earning potential. Payouts are in crypto, and you receive marketing assets like banners and landing pages. It’s global, scalable, and works across all SimpleFX trading entities and account jurisdictions.

 

What should I know before becoming a partner?

Your audience should understand crypto, leverage, and CFDs. You only earn if they actively trade. Terms can change, so monitor your dashboard. Abuse or fraudulent activity (like bots) may result in withheld commissions or disqualification.

 

Our Insights

SimpleFX offers one of the most accessible and flexible affiliate models around. Whether you’re a content creator or casual trader, the built-in referral tools, transparent tracking, and lifetime earning potential make it easy to monetize your influence – no barriers.

 

Partnering with SimpleFX

 

SimpleFX Education

SimpleFX doesn’t try to turn anyone into a Wall Street analyst. What you get is enough education to get up to speed and remain functional.

 

Education Hub

The education hub is where SimpleFX organizes its trading tutorials, platform walkthroughs, and feature explanations.

 

Here’s what you’ll find:

 

  • How-to guides for placing trades, setting up charts, and managing leverage.
  • Step-by-step instructions for depositing crypto, switching accounts, and withdrawing funds.
  • Troubleshooting tips for login issues, order errors, or platform settings.
  • Visual guides on how to use the calculator, copy-trading tool, and staking.

 

Clear breakdowns of platform features like swap charges and rollover.

 

Education Hub

 

Glossary

SimpleFX features a concise yet well-curated glossary of trading terms. It’s for beginners who frequently hear terms like “margin call” or “spread widening” but aren’t sure what they mean.

 

  • Definitions are short, sharp, and written without textbook jargon.
  • It covers basic forex, crypto, and CFD language.

 

You can search it directly inside the platform or via the help portal.

 

Glossary

 

Blog

The blog is where SimpleFX posts updates, platform news, market recaps, and sometimes, opinion pieces. It’s not heavy on predictions or big editorial angles; it’s more a bulletin board for active users. Recent posts include:

 

  • Platform upgrades and feature announcements.
  • Promotions and bonus updates.
  • Risk alerts or changes in margin requirements before major events.
  • Recaps of recent market moves, especially in crypto.

 

Educational blurbs are tied to common user errors or questions.

 

Blog

 

Does SimpleFX offer VPS?

No, SimpleFX doesn’t currently offer a VPS (Virtual Private Server) solution. If you run automated strategies or Expert Advisors (EAs) that require uninterrupted uptime, you must set up your external hosting.

 

Research, Trading Tools, Insights

SimpleFX doesn’t drown you in charts and tools that sound impressive but do nothing. What’s included on the platform is quick data, trade ideas, and real-time news. Here’s an overview:

 

ToolWhat It Does
Economic CalendarLists upcoming global events, impact levels, and real-time result updates
News FeedReal-time market headlines pulled into your dashboard for fast decision-making
SFX InsightsInternal trading sentiment and positioning data based on user behavior
News TVVideo updates on major market events, earnings, and macro news
Trade IdeasCurated technical setups from experienced traders inside the SimpleFX team
Super-ChartingBuilt-in TradingView functionality with full tools and indicators

 

★★★★
Minimum Deposit: $0
Regulated by: FSC
Crypto: Yes

 

Trading Hours, Conditions, and Restrictions

You can trade most of the week (and weekend, with Crypto) with SimpleFX. You can jump in and trade 24 hours a day from Sunday night to Friday night, depending on the market.

This part is standard across brokers. What’s different is how little friction you experience. There’s no long-winded policy talk or sneaky fine print. The rules are upfront. If something is off-limits, SimpleFX indicates it in the Client Agreement. If it’s on you to manage risk, they don’t sugarcoat it.

 

When Can I Trade?

You can trade five days a week, almost non-stop. Sessions follow the usual market clocks:

 

  • Forex opens Sunday evening and runs through Friday night (UTC).
  • Crypto runs 24/7 since it’s not bound to a centralized exchange.
  • Indices, commodities, and stocks follow their local market hours.

 

SimpleFX doesn’t provide a PDF schedule, but the platform updates everything in real time. If something’s offline, you’ll see it.

SimpleFX doesn’t guarantee access during server maintenance or data outages. If the platform goes down mid-trade, it’s not ideal, but they have disclaimers that cover it. It happens, and you’ll need to prepare for it.

 

Trading Conditions

Here’s how SimpleFX works:

 

  • Execution-only: You place a trade, and SimpleFX fills it. You’re in charge of your trading (and associated risk).
  • Order types available: Market, limit, stop loss, take profit, trailing stop, OCO. You have the standard tools to use, or not.
  • Slippage is real: If the market jumps between when you click and when your order is filled, you’ll see the gap. SimpleFX doesn’t hide this, and they won’t reverse it unless it’s a “manifest error.”
  • No physical delivery: You trade CFDs. That means no gold bars, no company shares in the mail, and no crates of soybeans. You speculate on price, and it begins and ends in your trading account.

 

Margin can shift without warning if volatility spikes. SimpleFX can tighten your leverage or margin mid-trade, including existing open positions. If your buffer’s thin, you might be liquidated before you can react.

 

Trading Hours, Conditions, and Restrictions

 

How Do I Contact SimpleFX?

SimpleFX’s support is user-friendly, fast, and reliable. Most issues are resolved within the platform without requiring you to fill out forms or re-explain your problem multiple times.

 

SimpleFX Customer Support

 

  • Live Chat: Available 24/5 directly inside the platform. Real humans, not scripts.
  • Email: [email protected]. You can expect a reply within a few business hours.
  • Help Center: A self-service hub with short guides and error fixes.
  • Social: Active on Twitter, Facebook, and Telegram. Used for updates, not full support.
  • Language Support: Multilingual chat and help docs in English, Spanish, Russian, and more.

 

SimpleFX Additional Resources

 

ResourceWhat It’s For
Help PortalPlatform bugs, feature issues, deposit questions
Trading TutorialsStep-by-step platform walkthroughs
Status PageServer status and platform uptime reports
Scam AlertsUpdates on fake sites or impersonation attempts
Social MediaOnline Support Channels
FacebookClick Here
LinkedinClick Here
InstagramClick Here
XClick Here
Website LanguagesEnglish
Spanish
Portuguese
Russian
Chinese

 

SimpleFX Customer Support

 

SimpleFX vs FXPRIMUS vs Pepperstone – A Comparison

 

BrokerSimpleFX Smallfxprimus smallPepperstone Small
Year Founded201420092010
Regulation🇲🇺 FSC Mauritius
🇻🇨 SVG
(unregulated)
🇨🇾 CySEC
🇻🇺 VFSC
🇦🇺 ASIC
🇬🇧 FCA
🇦🇪 DFSA
🇩🇪 BaFin
🇨🇾 CySEC
Max Leverage1:1000 (SVG)
1:100 (MU)
1:10001:500 (Pro)
1:30 (Retail)
Min Deposit$0$15$0
Instruments Offered1,000+130+1,200+
Trading PlatformsCustom
Web/Mobile
Desktop, API
MT4
MT5
cTrader
MT4
MT5
cTrader
TradingView
Proprietary
Commission ModelNo commissions
spread-only
From $5/lot
(PrimusZERO),
$8–10 (PRO)
AU$7/lot (Razor),
none (Standard)
Demo AccountYesYesYes
Copy TradingNoneYesNone
Inactivity Fee$20/month
after 90 days
NoneNone
Open an AccountOpen AccountOpen AccountOpen Account

 

★★★★
Minimum Deposit: $0
Regulated by: FSC
Crypto: Yes

 

Pros and Cons

 

ProsCons
Leverage up to 1:1000 on SVG accountsUnregulated in SVG jurisdiction
No trading commissionsInactivity fee after 90 days
Trade 1,000+ instrumentsNo VPS hosting available
Fast crypto deposits with no platform feesFiat options limited to Mauritius users
Instant demo/live account switchingUS, EU, and Canadian traders not accepted

 

In Conclusion

SimpleFX offers fast access, high leverage, and zero commissions for traders who value execution over extras. It’s clean, reliable, and transparent – ideal for risk-aware users outside restricted regions looking for speed, simplicity, and a wide range of instruments.

 

References:

 

 

Faq

There is no minimum deposit required to open or fund a SimpleFX account.

No. SimpleFX offers a native, custom platform with access via web, mobile, and desktop.

SFX Coin is earned through activity and used for cashback, staking, and bonuses on SimpleFX.

No. SimpleFX does not currently support copy trading or PAMM accounts.

Crypto withdrawals usually process within 24 hours, and Fiat can take up to 5 business days.

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