SimpleFX.com

SimpleFX.com is a forex broker that has been in operation since 2014. This Forex Company provides a platform for Forex Trading, Crypto Trading, and CFDs Trading. The company is based in Kingstown, Saint Vincent, and the Grenadines, and it is known for its user-friendly MT4 Platform and Mobile forex online trading platforms.

Trading Options and Platforms

SimpleFX offers over 55 forex pairs, CFDs, cryptocurrencies, indices, commodities, and precious metals for personal investment and trading options. The minimum trade size is 0.01, and the maximum leverage is 500:1. The company offers two main trading platforms; MT4 and WebTrader. Both platforms are compatible with web trading and mobile trading, making it convenient for traders to monitor and make trades on the go.

Investment and Trading Instruments

The company provides a wide range of trading instruments. In addition to the 55 forex pairs, there are over 10 cryptocurrencies including Bitcoin, Litecoin, and Ethereum. For those interested in CFDs, there are 5 options including Gold, Silver, and other precious metals and commodities.

Account Management and Deposit Methods

Opening a live trading account with SimpleFX is straightforward with a minimum deposit of just $1. The company supports various deposit methods including Bitcoin, Bitcoin Cash, Dash, Ether/Ethereum, FasaPay, Litecoin, Monero, Neteller, and Skrill. The same methods apply for withdrawals, making it easy for traders to manage their funds.

Trading Conditions and Support

It is worth noting that SimpleFX does not support EAs/Robots, News Trading, or Scalping. However, it does support PAMM accounts, which is a plus for traders who prefer automated trading. If you need assistance, you can reach out to their support team via email at [email protected].

Pros and Cons

One of the main advantages of SimpleFX is the wide range of trading instruments and the user-friendly trading platforms. The low minimum deposit is also a plus for beginners. On the downside, the lack of support for EAs/Robots, News Trading, and Scalping may be a deal-breaker for some traders.

Scammer or Not?

SimpleFX has been in operation since 2014, which is a good indication of its legitimacy. However, as with any trading platform, it's essential to do your research and understand the risks involved in trading.

Safety Check

SimpleFX appears to be a safe platform for trading. However, it's always recommended to use secure internet connections when trading and to keep your account details private.

FAQ

What is the minimum deposit for SimpleFX?
The minimum deposit for SimpleFX is $1.
What trading platforms does SimpleFX offer?
SimpleFX offers MT4 and WebTrader platforms.
Does SimpleFX support mobile trading?
Yes, SimpleFX supports mobile trading.
What trading instruments are available on SimpleFX?
SimpleFX offers over 55 forex pairs, CFDs, cryptocurrencies, indices, commodities, and precious metals.

For more information about the experience of working with SimpleFX, you can check feedback and reviews on the forexroboteasy.com website. This review is an independent analysis of the company and does not represent the views of the website.