Description
UpdateSimpleFX is a robust online trading provider, offering trading CFDs on crypto, Forex, indices, precious metals, equities and commodities. Leverage up to 1:500 + anonymous Bitcoin and Litecoin accounts + intuitive webtrader + MetaTrader 4 + Live support 24/5 + no fees for crypto deposits/ withdrawals + Shoutbox
Reviews
Write a reviewGoodguy - January 20, 2020
Awesome award-winning trading app - no need to install, great UX, designed for mobile trading, easy to learn, low latency trading!High up to 500x leverage!
No minimum deposits!
Fully functional demo without signing up!
carmay nino - January 17, 2020
good broker, no problems with paymentsn , i can trade in webtrade, as I can trade with MT4 , support always there to help, many markets, forex, crypto, metals, highup leverage x500. and no minimum deposit.
johnny - December 5, 2019
good broker, no issue with payments, 5/5 stars
Olli - May 28, 2019
Many people have fallen for this scam, but the operators keep pushing a "favorable" perspective by using fake accounts online. Please be careful.
pedro - May 28, 2019
Stay away from this broker & do your own research
Jerome2 - May 28, 2019
This broke also charges insanely high overnight fees. For BTC for example, you pay up to 1 percent PER DAY. They hide this from you until it's too late. And any profit you make above their threshold will be taken. They will file a complaint against you, close your account and cancel all your profits.
Jerome - May 28, 2019
This broker charges incredibly high spreads. Never before seen. Only people with no trading experience might use it.
Misako - May 21, 2019
I really like SFX for their very fast support. Also cryptos are a big plus
BTC4Life - May 7, 2019
Fast crypto deposits, withdrawals also work. I like trading on SFX
sub - December 19, 2018
fantastic
Born2bewild - June 29, 2018
Deposited 2 bitcoins. Never had issue with withdrawals ( I withdrew several times, total 7.8btc). My initial 2btc depo still is in SimpleFX acc. Hoping to cashout +10BTC soon
MaryJ - March 1, 2018
Could add more deposit coins.
louis - February 1, 2018
WARNING: TO FOREX AND CRYPTO TRADERS. SIMPLEFX IS A MAJOR SCAM. ONCE YOU START MAKING BIG PROFITS THEY FREEZE YOUR ACCOUNT AND MAKE EXCUSES FOR THEIR BEHAVIOR AND PATTERN OF ABUSE CITING POLICY. TOP FOREX TRADERS ARE SPEAKING OUT ! DONT BE FOOLED ! BEWARE AND RUN FROM THIS COMPANY.
ntasakirs - January 25, 2018
love your platform for forex trading
Wiped My Account - November 21, 2017
FYI stay away from SimpleFX had my account wiped out this week with them this is thier response. Our negotiations with the former BitcoinCash liquidity provider confirmed that the malfunction of the bridge function took place on 11th November. As a result of this failure our BitcoinCash liquidity provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Taking into account that the malfunction is an unprecedented occurrence caused entirely by the third-party company’s error we had no choice but to utilize The Force Majeure clause. Therefore, acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we were forced to cancel all BitcoinCash trades placed after the above-mentioned time. We regret to inform that due to the repercussions of the malfunction caused by our former BitcoinCash liquidity provider and the sheer nature of this situation no refunds will be approved.
Although incidental, the bridge function’s malfunction is inexcusable for a liquidity provider. Therefore, we decided to temporarily remove BitcoinCash pairs from our trading symbols. Currently we are finishing our business negotiations with new liquidity provider companies that will secure that no incident like that will happen on our platform ever again.
As soon as our negotiations with new BitcoinCash liquidity providers come to a conclusion we will resume trading on all our previous BitcoinCash related pairs. We will inform all our traders regarding the reopening of these symbols for trading in the separate notification on our webtrader.
Once again we would like to deeply apologize for any inconvenience that this situation may have caused to our traders.
CW - November 15, 2017
Loved trading with them for the past few months but this past weekend they halted trading on BCH which is fine but then on monday went back and erased all the weekends BCH trades took the profit took the margin and any initial investment coin. They gave the excuse that their liquidity provider backed out or something and pointed right to the user agreement basically saying you are out of luck in a template response. So because they couldn't cover their trades via their system they cleared out my account. Lucky I only had .5 btc but I would still love my $3500 back. So if they did this once who is to say that they won't just do it again. I would avoid this exchange.
zckeles - November 13, 2017
Simplefx is scam. i withdraw 0.45 btc yesterday. Simplefx canceled.(we have discovered a malfunction of our Liquidity Provider’s bridge function. In result of the malfunction, our BitcoinCash Liquidity Provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we are forced to cancel all BCH trades placed after the above-mentioned time.)This my last money, if not withdraw today i will kill myself!
simplefx account number 114075
Jeff - October 4, 2017
Anonymous account. Low commission. $1 minimum deposit. It seems great.
sam - October 2, 2017
need to imporve
Tony - February 25, 2017
Usurious SWAP fees. They charge almost 1BTC per day in SWAP/interest for a 40BTC position... Obviously they hide these fees so it's hard to know. Their chat room is completed deserted, anyone who's used them seem to disappear just a few days later. Untrustworthy, I'd advise caution and to stay away.
593 reviews 
