SimpleFX Account Type

　　SimpleFX offers a single type of trading account known as the Standard Account. Here are the key features:

• Minimum Deposit: $1
• Maximum Leverage: Up to 1:500
• Spread: Floating spreads starting from 0.1 pips.
• Margin Call/Stop Out Levels: 50% / 30%
• Minimum Trade Size: 0.01 lots
• Commission: Commission-free trading.

　　This account type is designed to cater to both beginners and experienced traders, providing access to a wide range of financial instruments including forex, commodities, indices, and cryptocurrencies.

　　

SimpleFX Broker Account Opening Process

　　Opening an account with SimpleFX is a straightforward process. Here are the steps:

• Visit the Website: Go to the SimpleFX website at simplefx.com.
• Create an Account: Click on the “Create Account” button. You can sign up using your email address, or through social media accounts like Google or Facebook.
• Email Verification: After registration, you will receive a verification email. Click the link in the email to verify your account.
• Deposit Funds: Once verified, you can log in and make your first deposit. SimpleFX accepts various payment methods, including cryptocurrencies and e-wallets.
• Start Trading: After depositing funds, you can start trading on the platform.

　　The account opening process is designed to be quick and user-friendly, allowing traders to get started with minimal hassle.

　　Information Source: tradersunion.com