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About

Discover a world of opportunities and immerse yourself in a diverse range of +250 tradable assets: forex pairs, commodities, indexes and much more. Get the tightest spread and the highest flexibility with our platform: you are not just trading, you are navigating a vast ocean of possibilities. Our streamlined account setup process ensures you can start trading quickly and hassle-free. No more waiting for days to get started; we prioritize your time and convenience We're committed to providing you with the most competitive trading costs in the industry. Our low fees mean more of your hard-earned money stays in your pocket. Join our vibrant trading community for free. Exchange insights, strategies, and market knowledge with fellow traders to enhance your skills and stay informed.

About

SimpleFX is a cutting-edge online trading app. You can invest your fiat money or crypto in Forex, cryptocurrencies, indices, precious metals, and commodities. SimpleFX is the fastest, most intuitive trading tool available. It’s easy to pick up and at the same time offers all the sophisticated automatic trading solutions you can use with a super safe and simple API manager. With SimpleFX WebTrader you get fast & secure transfers, no minimum deposits, and leverage up to 1:500. SimpleFX offers the Stake & Trade option, which allows to earn 8.55% Annual Interest on your ETH depo. Traders can stake any amount, profit from the growing ETH price, earn interest and use the frozen funds for trading.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Traders

Audience

Crypto traders and crypto holders interested in staking and trading

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 2.7 / 5
ease 3.0 / 5
features 2.7 / 5
design 2.7 / 5
support 2.3 / 5

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • Offering different type of products and amazing team which is always on spot. I worked with Palmer for 3 months and everything was smooth, he helped me with all the requests that i had.
  • Mt5 is a good platform. At the start everything seems to look good until you try to withdraw money and realise their commissions
  • They use MT5 which seem to work reasonably well. Account managers are extremely nice over the phone but I suspect they try and make you trust them before they scam you.

Cons

  • No Mt4 that's the only downsize that i can see but not really a con.
  • The commission is insane. I made $928 and they took $531 of that. Very hard to get in touch to find out where your money is. Slow transactions out of the account.
  • Their account managers give fraudulent advice with high number of lots, to open exotic positions which have huge spreads. This eventually leads to low free margin which in turn requires hedging positions with similar high numbers of lots. Coupled with very high commissions and swaps, you eventually loose all your money. Initially I started with 10k, then 20k, and built it up to 50k. I then naively listened to thei expert to put in another 40k (to make it up to 100k, including their bonus) from which they promised a return of 20% per session. Fromm 100k I ended with 20 k after 3 hrs of their advice. The following day my account was wiped out. Please do not go near them if you value your money.

Pros & Cons from Real Users

Pros

  • No fees, no commissions. No KYC. $2,500 first deposit bonus. They have occasional promos. Nice affiliation program with up to 50% revenue share.

Cons

  • Few assets - no Doge, precious metals, commodities other than gas and oil. No regulations. Huge spreads for cryptocurrencies.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Bullwaves
Seychelles
www.bullwaves.com

Company Information

SimpleFX
Founded: 2014
St. Vincent and the Grenadines
app.simplefx.com

Alternatives

Alternatives

Hankotrade

Hankotrade

HankoX
Vantage

Vantage

Vantage Markets
Vantage

Vantage

Vantage Markets

Categories

Categories

Integrations

Bitcoin Cash
Ethereum
Lightning Network
MetaTrader 4
MetaTrader 5

Integrations

Bitcoin Cash
Ethereum
Lightning Network
MetaTrader 4
MetaTrader 5
Claim Bullwaves and update features and information
Claim Bullwaves and update features and information
Claim SimpleFX and update features and information
Claim SimpleFX and update features and information