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SimpleFX review

SimpleFX


On-line since: 2014
Country of origin: Saint Vincent and the Grenadines
Regulation: -
Payment options: wire transfer, credit/debit cards, Neteller, Skrill, Bitcoin, WebMoney
Minimum account size: $1
Minimum lot size: 0.01 lot
Leverage: 1:500
Spreads: floating from 0.8 pip

About the company:

SimpleFX is a brokerage company established in 2014. Its main advantage is availability of such trading instrument as bitcoins. Currently, the company is not licensed by any financial regulator.
There is a wide selection of trading instruments to choose from: over 60 currency pairs, stock indices, oil, metals (XAG, XAU, XPD, XPT), bitcoins and litecoins (BTCEUR, BTCUSD, BTCJPY, BTCCNY, LTCEUR, LTCUSD, LTCCNY, LTCJPY).
With SimpleFX, you can trade through MetaTrader 4. The broker’s clients are allowed to open up to 5 live trading accounts and 5 demo accounts. SimpleFX also offers live accounts for bitcoin traders – BTC and a standard trading account.

SimpleFX 7/10 (votes 3135)
Author of SimpleFX: Yoranx | Date 2021-07-28
SimpleFX is the best broker I have ever seen in three years of trading career. Their platform and its execution is best. The rebate service is really good for getting every bit of profit you can. Their support is extremely efficient and speed. Maximum Withdrawal is completed in few hours. Nothing to complain till now.
0
0
Author of SimpleFX: Dallas  Rowland | Date 2021-05-29
Good, intuitive app. Spreads from 0.1. Great for beginners. Easy way to trade, everything looks transparent.
2
0
Author of SimpleFX: Airin | Date 2021-05-18
The platform at SimpleFX is stable but the main problem about this broker is their trading fees. Throughout my trading activities, the spread has never gone below 5pips. It even becomes worse during high volatility so I always avoid trading during this time.
0
-1
Author of SimpleFX: Cally | Date 2020-12-03
SimpleFX is a fraud broker. I put a $100 initial deposit, and I have been trading with them for four months and gained profit. I want to withdraw my profit. Last month, I sent a withdrawal request, and I requested $385 of my profit, but I didn't receive anything yet. They froze my account, and I called their customer support. After my trading account back, they said my withdrawal still in process, but it's been one month still in process. My money is still stuck there. I just want my money back. After that, for sure I will close my account and stop using this broker. Never trust this broker for your trading.
1
-1
Author of SimpleFX: Nuri | Date 2020-06-26
Simple Fx is easy to use and I really like the auto trader. The minimum account size of this company is also affordable and I have nothing to complain because their services are reliable. Simple Fx is a fair broker company, I have been with this broker for over 9 months now.
1
0
Author of SimpleFX: Sanjoy | Date 2020-04-23
SimpleFX has been my broker ever since I started trading in the Forex market. I am happy because I did not need to switch brokers anymore and undergo another process of verification because this broker is already good enough. They advised me to verify my account in the beginning thus I no longer had any problem in withdrawing my profits. The transaction process is fast and I receive my money within just 48 hours.
3
0
Author of SimpleFX: HectorVarga | Date 2020-04-17
I heard about SimpleFX after they added new local payments methods with directa 24, trading never been so easy, especially that I can trade in my own language! They even have spanish support which is always very helpful! I am very happy that I heard about SimpleFX
3
0
Author of SimpleFX: Efraim | Date 2020-03-23
I always relax when trading with Simple FX. I have 2 years experience with simple FX. Every time there is a problem, they immediately provide the best solution. And so far there has never been a big loss. During my trading, I made $ 5,000 from my first deposit of only $ 500. Whenever there is an opportunity, I always recommend Simple FX to my colleagues. Because Simple Fx has a very cool system.I can say that they have the best customer support department who always attend to all my questions and issues.
2
0
Author of SimpleFX: Refki | Date 2019-12-18
I closed my account with this broker. they have made my money go to waste. When I ask them, the cause of my defeat in trading. This is not the first or second time. However, this has happened very often, so I decided to close my account. I lost $780 in only 3 months. They blamed me instead and gave no plausible excuse. I will change my trading partner soon.
0
-6
Author of SimpleFX: Sferza | Date 2019-10-21
One of the best features of SimpleFX is their educational section. This is where I often go to when I am confused with the market flow. By reading tips, I also formulate my own trading strategy. I also like that they offer different versions of the trading platform and I love the mobile app the most. Their customer care is also outstanding. They have great representatives who are always available any time of any day.
3
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