Pros
  • Cryptocurrency available
  • Minimum deposit amount is $1
  • Metatrader 4 platform
Cons
  • Not Regulated!
  • Only one account type

Reviewed broker: SimpleFX

Established in: 2014

Operated by SimpleFX Ltd.

Location: Vincent and the Grenadines

Regulation: no

No dealing desk broker: yes

Secure Funds on Client segregated accounts: yes

Trading instruments: Indices, commodities, precious metals, Cryptocurrency

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.

Trading Features

15 base account currencies

Currency pairs: 60

Leverage up to 1:500

Cryptocurrency: available

Negative Balance Protection: yes

Expert Advisors: yes

Spreads start from 1 pip on majors

Minimum lot size: 0.01

Charting tools: yes

One click trading: yes

Hedging: allowed

Margi level: 100%

Stop out level: 30%

Interesting social features: shoutbox and educational materials

Trading platforms

SimpleFX MetaTrader 4 Integration

SimpleFX MT4 is a platform for trading and analysing financial markets which also allows using Expert Advisors. Millions of traders with a wide range of needs, choose SimpleFX MT4 to trade in the market. The platform offers wide range of opportunities to traders of all skill levels : advanced technical analysis, flexible trading system, algorithmic trading and Expert Advisors, as well as mobile trading applications.

Desktop client features

  • Fast, stable and reliable
  • Rich, complex and numerous built-in analytical tools to choose from
  • Trading signals and copy trading
  • Automated trading thanks to Expert Advisors and MQL4
  • Free Code Base with thousands of technical indicators, scripts and EA’s to download
  • Rich offer of order types: market, pending limits and stops, trailing stop
  • Quick trading
  • Trading from the chart
  • Price alerts
  • SimpleFX MT4 is available for PC, Mac, Linux and for mobile devices – iPhone, iPad and Android

Mobile client features

  • Interactive quote charts
  • Full set of trading orders
  • Most popular analytical tools, very similar to the desktop version
  • Monitor your account status and track the history of trades
  • Buy and sell financial instruments in a single click
  • Convenient chat with other traders
  • Push notifications
  • One-time password to secure your account

SimpleFX WebTrader

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.

  • Multicurrency Accounts
  • Two-factor authentication
  • No dealing desk
  • Fast and secure transfers
  • Trade 24/7/365
  • API manager
  • Crypto, forex, and indicies
  • No minimum deposits
  • Negative balance protection

The MetaTrader 4 analytic

Analytical functions are one of the SimpleFX MT4 platform’s strongest points. 23 analytical objects to draw formations on the chart and 30 built-in technical indicators greatly simplify this task.Thousands of additional indicators available to download from the free Code Base and built-in Market are making analytical capabilities of SimpleFX MT4 limitless.

Automated Trading

Almost any trading strategy can be formalized and implemented as an Expert Advisor, so that it automatically does all the work for you. SimpleFX MT4 provides the complete environment for the development, testing and optimizing algorithmic/automated trading programs.

No time for trading? Try Signals!

Not a problem, since SimpleFX MT4 can automatically copy deals of other traders. Select your provider, subscribe to a signal and let your terminal copy the provider’s trades.

  • Thousands of providers
  • Thousands of trading strategies to choose from
  • Various profitability and risk levels to adjust signals to your needs and expectations

Deposits and Withdrawals

Minimum deposit: $1

Payment options: Wire transfer, Credit/debit cards, Skrill, Neteller, Astropay, Webmoney, FasaPay, Qiwi, Moneta, ru, Yandex, China UnionPay, Bitcoin and litecoin

Support

Customer support: email, ticket system, phone

How was the rating of Simplefx performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Simplefx FX broker performance and features. 

Overall our online Simplefx review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Simplefx or you find inaccurate details Simplefx Capital broker review please get in touch with us and the changes will be applied. 

SimpleFX Details

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