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SimpleFX

Get to know the information about SimpleFX

Company SimpleFX is registered in Saint Vincent and the Grenadines under number 22361 IBC. The company has a legal entity identifier 21380042B8QJ87V4HA89, but there is no information about having a brokerage license.

Available trading platforms

SimpleFX offers two trading platform options:

  • MetaTrader 4 – a well-known and popular platform;
  • SimpleFX WebTrader – the company’s own development, available for iOS and Android.

The main feature of the proprietary platform is the ability to create charts representing trading ideas and demonstrate them in the form of videos.

Advantages of SimpleFX

  • Multi-currency accounts;
  • Diverse partnership program;
  • Two-factor authentication for increased security;
  • Trading around the clock and year-round;
  • Protection against negative balance;
  • No minimum deposit;
  • Blog with useful information;
  • Educational video materials.

Personal account on SimpleFX

To register on SimpleFX, you need to provide an email address to which a confirmation link will be sent. Authentication through social networks and messengers is also possible.

The registration process includes reviewing and agreeing to the terms of use and privacy policy presented in English in PDF format.

Available trading instruments

  • Indices;
  • Stocks;
  • Precious metals;
  • Energy carriers;
  • Cryptocurrencies.

Conditions for opening trading accounts

On the SimpleFX website, information about trading accounts and trading conditions is not provided. It is only known that the leverage is 1:500, and there is no minimum deposit on the account.

Depositing and withdrawing funds on SimpleFX

After registering on SimpleFX, various methods of depositing funds are available: bank transfers, payment systems, electronic and cryptocurrency wallets (Bitcoin, Litecoin, DASH). Funds can be withdrawn using the same method as they were deposited.

The withdrawal process will take 3 to 7 business days.

Conclusions about SimpleFX

Remember that the activities of the broker SimpleFX are not regulated, which means insufficient protection of traders’ rights. The information on the website may be presented unevenly, therefore, caution is recommended.

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