SimpleFX

Trade CFDs on Stocks, Indices, Forex, Precious Metals and Crypto. Stay anonymous. Fund your account with crypto.

Description

SimpleFX is a very interesting broker. I have traded with them for some time and made several deposits and withdrawals without any issues.

Pros

  • Register with just an email
  • Stay anonymous
  • No KYC
  • Fund with Cryptos
  • Great, easy to use Web-based Trading platform
  • Mobile app
  • Metatrader platform available
  • Quick and easy deposits and withdrawals
  • Tight spreads and reasonable overnight fees on most assets

Cons

  • This broker is not regulated
  • Spreads on Crypto is higher than on most Crypto exchanges. So if you want to trade crypto, then do that on a crypto exchange.

Conclusion

For me this is the ideaal broker to use Crypto holdings to take a position on non-Crypto assets. It is not a broker where I would hold large amounts of currency. As the deposits and withdrawals are quick and the available leverage is high, I simple transfer in and out small amounts.