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SimpleFX vs Liteforex

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. Liteforex is a broker established in 2005 and acquired by Mayzus Investment Company in 2016. Liteforex is a broker regulated by CySEC, which also acts in accordance with the European Financial Markets Directive MiFID. All customer deposits are secured up to an amount of 20,000 Euro each. In particular, currency pairs can be traded, but this broker also offers CFD trading.

Broker SimpleFX Liteforex XM
  • Headquarters
Kingstown Cyprus Cyprus
  • Spanish
  • MM/STP Broker
  • ECN Broker
  • Founded
2014 2008 2009
  • Regulated By CySEC
  • Regulated By NFA
  • Regulated By FCA
  • Regulated By ASIC
  • Minimum Deposit
$ 1 $50 $5
  • Maximum Leverage
1:500 1:500 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 2.10 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 56 57
  • CFDs
88 74 356
  • 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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