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SimpleFX vs iForex

SimpleFX is an ECN broker for Forex and CFDs founded in 2014, which also enables trading in four crypto currencies. The broker is based in St. Vincent and the Grenadines and offers its services worldwide. Accounts can be managed in a variety of currencies, including Bitcoin, Etherum and Litecoin. Accounts in crypto currencies can be opened anonymously at SimpleFX. iForex is a trademark of Cyprus-based iForex (Cyprus) Ltd. The broker is regulated by the CySEC. iForex Ltd. was founded in 1996 and is now one of the most renowned financial service providers. Customers can trade not only currencies, but also indices, commodities and CFDs via the broker.

Broker SimpleFX iForex XM
  • Headquarters
Kingstown Cyprus Cyprus
  • Spanish
  • MM/STP Broker
  • ECN Broker
  • Founded
2014 1996 2009
  • Regulated By CySEC
  • Regulated By NFA
  • Regulated By FCA
  • Regulated By ASIC
  • Minimum Deposit
$ 1 $100 $5
  • Maximum Leverage
1:500 1:30 1:500
  • Minimum Trade
0.01 Lots 0.01 Lots 0.01 Lots
  • Commission
  • Deposit Fee
  • Withdrawal Fee
  • Fixed Spreads
  • Variable Spreads
  • EUR/USD Spread (Variable)
0.90 2.00 0.50
View all spreads View all spreads View all spreads
  • Demo Account
  • Micro Account
  • Zero Spread Account
  • Islamic Account
  • Deposit Bonus
  • No Deposit Bonus
  • Currency Pairs
60 90 57
  • CFDs
88 600 356
  • Cryptocurrencies
  • Stocks
  • Indices
  • Energies
  • Metals
View Instruments View Instruments View Instruments
  • MetaTrader 4
  • MetaTrader 5
  • Mobile App
  • iOS
  • Android
  • Web Platform
  • cTrader
  • NinjaTrader
  • Mirror Trader
  • ZuluTrade
  • Social Trading
  • Signals
  • Scalping
  • Hedging
  • VPS
  • Expert Advisor
  • PayPal
  • Neteller
  • Skrill
  • Payoneer
  • Credit Card
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