Compare HF Markets vs SimpleFX
What is HF Markets? What is SimpleFX ?
HF Markets is a forex broker that offers trading services in various financial instruments, such as forex, indices, commodities, shares, metals, energies, bonds, ETFs, crypto and physical stock. It was established in 2010 and is regulated by multiple authorities, such as CySEC, FCA, FSCA, FSC and FSA. It has offices in Cyprus, Dubai, UK, South Africa and Seychelles. It offers various account types with different features and benefits, such as low spreads, high leverage, free VPS, loyalty program and bonus offers. It supports MT4 and MT5 trading platforms, as well as WebTrader and mobile apps. It also provides educational resources, webinars, analytical tools and trading contests for its clients.
SimpleFX is a forex broker that specializes in trading with cryptocurrencies. It was established in 2014 and is not regulated by any authority. It has no offices or physical presence. It offers a single account type with variable spreads, high leverage and no commissions. It supports MT4 trading platform, as well as WebTrader and mobile apps. It also provides a bonus program and a referral program for its clients.
HF Markets vs SimpleFX Regulation Comparison
HF Markets is regulated by multiple authorities in different jurisdictions, such as CySEC in Cyprus, FCA in UK, FSCA in South Africa, FSC in Mauritius and FSA in Seychelles. These regulators ensure that HF Markets complies with the rules and standards of the financial industry, such as maintaining adequate capital, segregating client funds, providing fair and transparent services and protecting client interests.
SimpleFX is not regulated by any authority. This means that it does not have to follow any rules or standards of the financial industry, such as maintaining adequate capital, segregating client funds, providing fair and transparent services and protecting client interests.
HF Markets vs SimpleFX Trading Assets Comparison
HF Markets offers a wide range of trading instruments across various markets, such as forex (51 pairs), indices (13), commodities (19), shares (56), metals (7), energies (3), bonds (2), ETFs (34), crypto (7) and physical stock (56). This gives its clients more opportunities and flexibility to diversify their portfolio and trade according to their preferences.
SimpleFX offers a limited range of trading instruments across few markets, such as forex (60 pairs), gold & silver (2), oil (2), energies (2) and crypto (15). This gives its clients fewer opportunities and flexibility to diversify their portfolio and trade according to their preferences.
HF Markets vs SimpleFX Trading Fees Comparison
HF Markets charges variable spreads on its trading instruments, which depend on the account type, market conditions and liquidity. The average spreads for some of the major instruments are: EUR/USD 1.2 pips, GBP/USD 1.5 pips, USD/JPY 1.3 pips, XAU/USD 25 pips and BTC/USD 20 pips. HF Markets also charges commissions on some of its account types, such as $3 per lot on Premium Pro account and $6 per lot on Zero Spread account. HF Markets does not charge any deposit or withdrawal fees.
SimpleFX charges variable spreads on its trading instruments, which depend on the market conditions and liquidity. The average spreads for some of the major instruments are: EUR/USD 0.9 pips, GBP/USD 1.3 pips, USD/JPY 0.8 pips, XAU/USD 40 pips and BTC/USD 10 pips. SimpleFX does not charge any commissions on its trading instruments. SimpleFX does not charge any deposit fees but may charge withdrawal fees depending on the payment method.
HF Markets vs SimpleFX Account Types Comparison
HF Markets offers various account types with different features and benefits for its clients. The main account types are: Micro account (minimum deposit $5, maximum leverage 1:1000), Premium account (minimum deposit $100, maximum leverage 1:500), Zero Spread account (minimum deposit $200, maximum leverage 1:500), Auto account (minimum deposit $200, maximum leverage 1:500), PAMM account (minimum deposit $250, maximum leverage 1:300) and Premium Pro account (minimum deposit $5000, maximum leverage 1:400). HF Markets also offers Islamic account (swap-free) and demo account options for its clients.
SimpleFX offers a single account type with the same features and benefits for all its clients. The minimum deposit is $1, the maximum leverage is 1:500 and the minimum position size is 0.01 lot. SimpleFX also offers Islamic account (swap-free) and demo account options for its clients.
HF Markets vs SimpleFX Deposit Options Comparison
HF Markets supports various deposit and withdrawal options for its clients, such as credit/debit cards, wire transfer, Skrill, Neteller, FasaPay, Perfect Money, WebMoney and crypto currencies. The processing time and fees may vary depending on the payment method.
SimpleFX supports few deposit and withdrawal options for its clients, such as crypto currencies, Skrill, Neteller and FasaPay. The processing time and fees may vary depending on the payment method.
HF Markets vs SimpleFX Trading Platforms Comparison
HF Markets supports MT4 and MT5 trading platforms, which are the most popular and widely used platforms in the forex industry. They offer advanced features and tools, such as multiple chart types, indicators, expert advisors, scripts, backtesting, customization and more. They are also compatible with various devices, such as desktop, web and mobile.
SimpleFX supports MT4 trading platform, which is one of the most popular and widely used platforms in the forex industry. It offers advanced features and tools, such as multiple chart types, indicators, expert advisors, scripts, backtesting, customization and more. It is also compatible with various devices, such as desktop, web and mobile.
HF Markets vs SimpleFX Analytical Tools Comparison
HF Markets provides various analytical tools for its clients, such as market news, economic calendar, trading calculators, trading signals, market analysis, webinars and more. These tools help clients to stay updated with the latest market trends and events, as well as to enhance their trading skills and strategies.
SimpleFX provides few analytical tools for its clients, such as market news, economic calendar and trading signals. These tools help clients to stay updated with the latest market trends and events.
HF Markets vs SimpleFX . Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, goals, risk appetite and trading style. You should compare the features and benefits of each broker and decide which broker suits you best. You can also read reviews and testimonials from other traders who have used these brokers and learn from their experiences.
