SimpleFX Review
CONTENT
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.
| Broker | SimpleFX |
| Regulation and Licenses | 🇲🇺 FSC Mauritius |
| Minimum Deposit | None |
| Leverage | Up to 1:1000 (SVG); up to 1:100 (Mauritius) |
| Spreads | Floating; tight on majors (e.g. 0.1 - 0.5 pips on EUR/USD) |
| Fees and Commissions | Commission-free; you pay spreads + rollover (where applicable) |
| Ease of Use Rating | ⭐⭐⭐☆☆ |
| Bonuses | First Deposit Bonus SFX Coin cashback Stake & Earn |
| Support Hours | 24/5 live chat in-app support |
| Trading Platforms | Web app Mobile app (iOS/Android) Desktop app API |
| Account Types | Live (SVG or Mauritius) Demo |
| Base Currencies | 16+ cryptocurrencies (BTC, ETH, USDT, etc.); fiat for Mauritius accounts |
| Currency Pairs | 57+ across majors, minors, exotics |
| Inactivity Fee | $20/month after 90 days of no trading activity |
| Affiliate Program | Multi-tier, includes Unilink referral model |
| Scalping | Allowed |
| Hedging | Allowed |
| Trading Instruments | 1,000+ across crypto, forex, stocks, indices, metals, commodities |
| Open an Account |  |
Overview
SimpleFX is a multi-asset broker blending crypto and traditional markets under one intuitive platform. It delivers zero-commission trading, high leverage, and human customer support while staying user-friendly for beginners and experienced traders. Traders can diversify easily through crypto, forex, stocks, commodities, and indices.
Frequently Asked Questions
What makes SimpleFX different from competing platforms?
SimpleFX is built for both crypto and traditional traders from the start, not as an add-on. The platform focuses on simplicity, zero trading commissions, and fast execution. It also gives users an easier way to diversify across multiple markets through a single account without unnecessary complications.
Does SimpleFX charge any trading commissions on supported assets?
No, traders do not pay commissions when opening or closing positions. SimpleFX follows a spread-only pricing model, which means the platform earns from the market spread. This helps traders plan their cost structure with confidence while avoiding fluctuating fee charges per trade.
Our Insights
SimpleFX is a compelling choice for traders who want crypto and traditional markets in one dashboard. Its zero-commission structure, fast interface, and human support create a smooth experience. Diversified trading, straightforward tools, and flexible leverage make it a practical pick for modern traders.
| Minimum Deposit: $0 Regulated by: FSC Crypto: Yes |
Fees and Spread-Based Pricing Explained
SimpleFX maintains a transparent fee structure built around spread-only pricing. Traders avoid fixed trade commissions, although overnight swaps, withdrawal charges, and inactivity fees still apply. The broker keeps costs predictable and displays charges clearly so users are never surprised during trading or account management.
| Category | Policy | Notes | Cost Type |
| Trading Fees | Spread only | No commission | Floating spreads |
| Deposit Fees | Free | All methods | None |
| Inactivity Fee | After 90 days | $20 monthly | Non trading |
Frequently Asked Questions
Does SimpleFX charge commissions on trades?
SimpleFX follows a spread-only pricing structure with no fixed per-trade fees. Broker costs are built into the spread, so there are no platform, ticket, or rounding charges. Traders can open and close positions without worrying about unexpected commission add-ons or hidden markups.
What non-trading fees should traders be aware of?
Deposits stay free, but withdrawals vary by method, and inactivity fees apply after 90 days. Additionally, currency conversion charges apply if funding or withdrawing in a currency that differs from the account base currency. Fees appear transparently before finalizing any transaction.
Our Insights
SimpleFX offers a clean and commission-free fee model that focuses on transparency instead of marketing gimmicks. Traders benefit from simple cost planning and clear pricing, although swap charges and withdrawal costs still exist. The structure suits users who prefer clarity, low barriers, and straightforward cost expectations.
| Minimum Deposit: $0 Regulated by: FSC Crypto: Yes |
Account Types
SimpleFX keeps accounts straightforward by offering only one flexible live account and a fully featured demo account. Traders avoid confusing tiers and can choose between crypto or fiat funding based on the entity they register under. The setup is fast, simple, and suitable for any trading style.
| Feature | 🇻🇨 SVG Entity | 🇲🇺 FSC Mauritius Entity |
| Leverage | Up to 1:1000 | Up to 1:100 |
| Base Currency | 16+ cryptos | USD EUR GBP |
| Minimum Deposit | None | 10 USD |
Frequently Asked Questions
What account types are available on SimpleFX?
SimpleFX offers one live account and one demo account. The live account supports crypto or fiat funding depending on the entity, while the demo account provides unlimited practice with full platform access. Both accounts can trade every available instrument with the same conditions and tools.
What is the difference between the SVG and Mauritius entities?
The 🇻🇨 SVG option provides higher leverage and crypto-based funding with lighter verification, while the 🇲🇺 FSC Mauritius entity offers fiat funding, traditional payment methods, and stricter regulatory oversight. Both accounts access the same instruments and fee structure.
Our Insights
SimpleFX removes complications by avoiding tiered accounts and keeping everything flexible under one live profile. Traders can practice freely, onboard quickly, and choose between crypto or fiat structures. It suits beginners and experienced users who prefer simplicity, fast setup, and consistent trading conditions.
| Minimum Deposit: $0 Regulated by: FSC Crypto: Yes |
How to Open a SimpleFX Account
Opening a SimpleFX account is quick, fully online, and beginner-friendly. You can register in minutes, verify your identity depending on your chosen entity, and fund your wallet before trading on the web or mobile.
1. Step 1: Visit the SimpleFX registration page
Click Register, enter your email, create a secure password, and choose whether you want the 🇻🇨 SVG crypto-based entity or the 🇲🇺 Mauritius fiat-based entity.
2. Step 2: Confirm your email and complete KYC
Open the verification email and activate your profile. SVG accounts require only an ID and selfie, while Mauritius accounts must also upload proof of address and answer a short questionnaire.
3. Step 3: Fund your account
Deposit crypto for SVG or select bank transfer, card, Skrill, or Neteller for Mauritius. Once approved, deposits are processed quickly.
4. Step 4: Start trading and secure your profile
Open a demo or live account, explore all instruments, and enable two-factor authentication for extra protection.
This streamlined process allows most traders to register, verify, and begin trading within minutes, provided they are not located in restricted regions.
| Minimum Deposit: $0 Regulated by: FSC Crypto: Yes |
Regulation and Safety
SimpleFX operates under a dual-entity structure that gives traders a choice between flexibility and stronger oversight. It combines award-winning credibility, long-term industry presence, proactive security, and segregated client protection, which results in a safer environment for global traders who prefer transparent conditions.
| Entity | Location | Regulatory Status | Leverage Scope |
| 8Tech SVG Ltd | 🇻🇨 Saint Vincent and the Grenadines | Not regulated | Up to 1:1000 |
| 8Tech Ltd | 🇲🇺 Mauritius | Licensed by the Financial Services Commission | Up to 1:100 |
Frequently Asked Questions
Is SimpleFX a regulated broker?
SimpleFX uses a dual-entity model. The 🇲🇺 Mauritius arm is regulated by the Financial Services Commission under stricter controls and capped leverage. The 🇻🇨 Saint Vincent and the Grenadines entity is unregulated, offering higher leverage and fewer restrictions for experienced traders.
Can SimpleFX be considered a legitimate and safe platform?
Yes. SimpleFX has been active since 2014, has a public team, holds industry awards, and operates transparently. It uses segregated accounts, secure wallets, and strong infrastructure, which demonstrates legitimacy and long-standing operational trust in a competitive market.
Our Insights
SimpleFX provides a balanced framework that suits both cautious and high-leverage traders. Its compliant Mauritius entity supports safety, while its flexible offshore branch appeals to those who want fewer limits. With strong security and transparent practices, it stands as a credible global broker.
| Minimum Deposit: $0 Regulated by: FSC Crypto: Yes |
Trading Platforms and Tools
SimpleFX delivers a unified trading experience across desktop, web, and mobile without third-party platforms. The proprietary design focuses on speed, clarity, and consistency, giving traders identical execution and tools on every device while avoiding unnecessary complexity that slows down performance.
| Platform | Setup | Charting Power | Best For |
| Desktop App | Installation required | Advanced tools | Full-time traders |
| Web App | No download | TradingView integration | Flexible browser trading |
| Mobile App | iOS and Android | Optimized mobile charts | Trading on the go |
Frequently Asked Questions
Does SimpleFX support MetaTrader or cTrader?
No. SimpleFX does not offer third-party platform access. Instead, traders use its proprietary desktop, web, and mobile apps, which provide fast execution, clean chart layouts, consistent tools, and a focused trading environment without unnecessary platform add-ons.
Is the SimpleFX mobile app fully equipped for real trading?
Yes. The mobile app supports one-slide execution, editable stop loss and take profit levels, full charting, customizable leverage, and push alerts. Tutorials and live chat are built in, which allows traders to manage and execute positions confidently from any iOS or Android device.
Our Insights
SimpleFX delivers a fast, clutter-free, and synchronized trading environment for all devices. Traders who prefer simplicity, instant execution, and modern charting will benefit most, while those committed to MetaTrader may find the ecosystem limited. The result is a streamlined and performance-driven platform experience.
| Minimum Deposit: $0 Regulated by: FSC Crypto: Yes |
Markets available for Trade
SimpleFX delivers broad market coverage with zero commissions and fast execution across major global asset classes. Traders can access crypto, forex, metals, indices, commodities, and stocks under one account, enjoying flexible leverage and additional rewards through the SFX Coin utility system.
| Asset Class | Highlights | Commission | Max Leverage |
| Cryptocurrencies | 60 plus pairs fast execution | None | Up to 1:1000 |
| Forex | Majors minors exotics | None | Up to 1:1000 |
| Metals Commodities Indices Stocks | Global instruments and hedging assets | None | Varies |
Frequently Asked Questions
What assets can traders access on SimpleFX?
SimpleFX supports forex, crypto, metals, commodities, indices, and equities. You can go long or short, use CFDs for flexibility, and trade everything under one account. Zero commissions and fast execution help maintain an efficient multi-market trading experience.
How does SimpleFX approach cryptocurrency trading?
SimpleFX offers more than 60 crypto pairs, including popular assets like BTC, ETH, and DOGE. High leverage is available, with no external wallet needed. Trades settle directly into the account, which removes blockchain delays and makes execution fast and straightforward.
Our Insights
SimpleFX delivers versatile market access with zero commissions and strong flexibility across multiple asset classes. Traders gain breadth and speed, plus a rewards layer through SFX Coin, making it a compelling option for multi-market strategies in a single environment.
| Minimum Deposit: $0 Regulated by: FSC Crypto: Yes |
Leverage and Margin
SimpleFX offers high leverage with automatic risk controls and clear margin rules. Traders can choose between flexibility or tighter limits, but must stay alert because leverage can change without notice during volatile market conditions, leading to forced closures when equity levels fall too low.
| Account Type | Max Leverage | Stop Out Level | Margin Call |
| 🇻🇨 SVG Entity | Up to 1:1000 | 30 percent | None |
| 🇲🇺 Mauritius Entity | Up to 1:100 | 30 percent | None |
Frequently Asked Questions
What is the maximum leverage available with SimpleFX?
SimpleFX offers up to 1:1000 for traders registered under the 🇻🇨 SVG entity and up to 1:100 for those under the 🇲🇺 Mauritius entity. The exact leverage by instrument is not listed before registration, and market conditions can trigger reductions.
How does SimpleFX handle margin and stop-outs?
SimpleFX requires enough initial margin to open trades and a 30 percent maintenance margin to keep positions active. If equity drops below the threshold, the system closes positions automatically, and no traditional margin call is issued beforehand.
Our Insights
SimpleFX delivers powerful leverage options for traders who understand risk and react quickly. The system is fast, protective, and competitive, but the lack of warnings and sudden leverage shifts demands disciplined risk management and constant awareness, especially during major economic events.
| Minimum Deposit: $0 Regulated by: FSC Crypto: Yes |
Deposits and Withdrawals
SimpleFX delivers a transparent payment system with strict name verification and clear fees. The broker prioritizes secure processing and compliance while offering multiple funding methods, including crypto, cards, and bank transfers. Traders benefit from predictable costs and fast digital payouts without exaggerated marketing claims.
| Method | Speed | Fees | Best For |
| Credit Debit Card | Instant deposits, slow withdrawals | Up to 3.5 percent | Casual fiat users |
| Bank Transfer | 3-day processing | Flat bank fees | Larger transactions |
| Crypto | 1 minute to 24 hours | Network-based | Fast and low-cost funding |
Frequently Asked Questions
What payment methods does SimpleFX support?
SimpleFX accepts credit and debit cards, bank transfers, and a wide selection of cryptocurrencies. Availability may depend on jurisdiction. Deposits must always come from an account in your name, and crypto funding remains the fastest and most efficient option for active traders.
How fast are withdrawals, and what do they cost?
Fiat methods can take up to five business days, while most crypto payouts are completed within 24 hours. Deposits are free. Withdrawal fees differ by method, with cards and e-wallets charging percentage-based costs and crypto using network-based fees shown before approval.
Our Insights
SimpleFX offers a secure payment environment with predictable fees and strong compliance rules. Crypto users get the best experience, while traditional methods work fine for larger or less frequent transactions. Overall, the funding system is transparent, reliable, and built for straightforward money management.
| Minimum Deposit: $0 Regulated by: FSC Crypto: Yes |
Partnership and Affiliate Overview
SimpleFX offers a robust, community-driven partner program with flexible earning models. Affiliates and Unilink users can earn from referral trading activity, access real-time dashboards, and receive fast crypto payouts, making the system scalable, transparent, and suitable for both casual traders and content creators.
| Program | Access | Earnings | Best For |
| Affiliate Partner | Custom signup | Lifetime commissions from referrals | Content creators and marketers |
| Unilink | No registration required | Commission from trading spreads | Any SimpleFX user |
Frequently Asked Questions
What is the SimpleFX affiliate program?
The affiliate program allows users to earn lifetime commissions from trades made by referrals. Participants get real-time tracking, multilingual marketing tools, and fast crypto payouts, all accessible through a dedicated partner dashboard.
How does Unilink differ from the standard affiliate program?
Unilink lets any SimpleFX user start earning instantly by sharing a unique referral link. Earnings come from spread commissions, and referrals can become affiliates themselves, creating a scalable, multi-level payout system.
Our Insights
SimpleFX provides a versatile and accessible partner ecosystem. Whether through traditional affiliates or Unilink, users benefit from transparent tracking, fast crypto payouts, and scalable earnings. The program works for experienced marketers and casual traders alike, offering one of the more flexible referral models in the industry.
| Minimum Deposit: $0 Regulated by: FSC Crypto: Yes |
Education and Resources
SimpleFX provides practical educational tools that help traders quickly get up to speed without overwhelming complexity. The Education Hub includes guides, visual walkthroughs, and step-by-step instructions, ensuring users can trade, manage accounts, and use platform features efficiently.
| Resource | Format | Focus | Best For |
| Education Hub | Tutorials and guides | Trading setup and platform use | Beginners and casual traders |
| Visual Guides | Infographics and walkthroughs | Tools, calculators, staking | Users who prefer visual learning |
| Step-by-Step Instructions | Written guides | Deposits, withdrawals, troubleshooting | All account holders |
Frequently Asked Questions
What educational resources does SimpleFX provide?
SimpleFX offers tutorials, step-by-step instructions, and visual guides through its Education Hub. Users can learn trade placement, chart setup, leverage management, and platform tools like calculators, staking, and copy trading.
Is SimpleFX education suitable for beginners?
Yes. The resources are designed to bring new traders up to speed quickly, covering practical trading skills, account management, and platform navigation without overwhelming users with unnecessary complexity.
Our Insights
SimpleFX provides a focused and accessible learning environment. The Education Hub and visual guides ensure beginners can start trading effectively, while practical tutorials make platform navigation and key trading tasks straightforward and user-friendly.
| Minimum Deposit: $0 Regulated by: FSC Crypto: Yes |
Customer Support
SimpleFX provides fast, user-friendly support through multiple channels. Traders can access live chat, email, and a self-service Help Center, while social updates and multilingual resources enhance communication. Most issues are resolved efficiently within the platform without repeated explanations.
Frequently Asked Questions
How can I contact SimpleFX support?
Support is available via 24/5 live chat inside the platform, email with replies in a few business hours, and a self-service Help Center. Social media provides updates but not full support, and multilingual resources are available in English, Spanish, Russian, and more.
Is SimpleFX support fast and reliable?
Yes. Most issues are resolved efficiently within the platform. Traders rarely need to repeat their problem multiple times, and the combination of live chat, email, and self-service guides ensures timely assistance for common and complex queries.
Our Insights
SimpleFX provides reliable and responsive customer support. With live chat, email, and a comprehensive Help Center, traders receive timely assistance while multilingual resources enhance accessibility. The platform resolves most issues efficiently, ensuring a smooth trading experience.
| Minimum Deposit: $0 Regulated by: FSC Crypto: Yes |
Customer Reviews and Trust Scores
SimpleFX holds a respectable 4.1 out of 5 stars on Trustpilot, based on 93 reviews. While many users praise its intuitive platform and responsive customer support, a minority express concerns about withdrawal processes and account management.
| Rating | Percentage | Notable Comments |
| ⭐⭐⭐⭐⭐ | 60% | “This application is by far the best…” |
| ⭐⭐⭐⭐ | 10% | “Very friendly conversation with the…” |
| ⭐⭐⭐ | 1% | “Great place to learn about forex” |
| ⭐⭐ | 6% | “Impossible to get your money out” |
| ⭐ | 23% | “Total fraud…” |
SimpleFX actively engages with its user base by responding to 100% of negative reviews, typically within a week, demonstrating a commitment to customer satisfaction.
| Minimum Deposit: $0 Regulated by: FSC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Leverage up to 1:1000 on SVG accounts | Unregulated in SVG jurisdiction |
| No trading commissions | Inactivity fee after 90 days |
| Trade 1,000+ instruments | No VPS hosting available |
| Fast crypto deposits with no platform fees | Fiat options limited to Mauritius users |
| Instant demo/live account switching | US, EU, and Canadian traders not accepted |
References:
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.
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.
- Overview
- Fees and Spread-Based Pricing Explained
- Account Types
- Regulation and Safety
- Trading Platforms and Tools
- Markets available for Trade
- Leverage and Margin
- Deposits and Withdrawals
- Partnership and Affiliate Overview
- Education and Resources
- Customer Support
- Customer Reviews and Trust Scores
- Pros and Cons
- In Conclusion
