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SimpleFX vs Saxo Bank

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. Saxo Bank is a Danish online investment bank founded in 1992. The bank is headquartered in Copenhagen and employs around 900 people. Saxo Bank offers its clients futures and equities as well as forex trading. More than 160 currency pairs can be traded.

Broker SimpleFX Saxo Bank XM
  • Headquarters
Kingstown Copenhagen Cyprus
  • Spanish
  • MM/STP Broker
  • ECN Broker
  • Founded
2014 1992 2009
  • Regulated By CySEC
  • Regulated By NFA
  • Regulated By FCA
  • Regulated By ASIC
  • Minimum Deposit
$ 1 $10,000 $5
  • Maximum Leverage
1:500 1:100 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 1.00 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
60 139 57
  • CFDs
88 9000 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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