SimpleFX vs LonghornFX
SimpleFX or LonghornFX – which is better for UK traders 2025? Compare SimpleFX and LonghornFX in this detailed breakdown of their platforms, features and fees.
| SimpleFX | LonghornFX |
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| SimpleFX is ranked #59 among CFD brokers. | LonghornFX is ranked #49 among CFD brokers. |
| SimpleFX is an online broker offering CFD and cryptocurrency trading. With multi-currency accounts, STP execution, competitive pricing, and no minimum deposit, the platform delivers an accessible trading experience. Since 2014, SimpleFX has been innovative and has earned acclaim at various industry events. Today, it serves over 200,000 active users in more than 190 countries, catering to retail traders worldwide. | LonghornFX, a forex and CFD broker established in 2020 and registered in Saint Vincent and the Grenadines, offers over 150 instruments with leverage up to 1:500. Traders have access to a robust selection of cryptocurrencies, as well as forex, indices, commodities, and stocks. Operating as an offshore broker with ECN/STP processing, it ensures tight spreads and rapid execution. |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| No | No |
| Instruments | |
| CFDs, Forex, Indices, Stocks, Commodities, Cryptos | CFDs, Forex, Stocks, Indices, Commodities, Cryptos |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $0 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FSC | |
| Mobile Apps | |
| iOS, Android + WebTrader | iOS & Android |
| Trading App | |
SimpleFX provides a proprietary app for both Apple and Android mobile devices. The application boasts a user-friendly design, facilitating easy opening and closing of trades with access to the broker’s 220+ tradable assets. However, occasional unresponsiveness during testing, alongside an average charting package, means it won’t meet the needs of highly active traders. |
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| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| No | No |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| Yes | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| Yes | No |
| Robo Advisor | |
| Yes | No |
| Negative Balance Protection | |
| Yes | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| No | No |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| 3% | |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| SimpleFX offers leveraged trading options up to 1:1000 across key assets like stocks, indices, currencies, and commodities. The platform's social community is a valuable resource for gaining insights into CFD strategies and short-term trading opportunities. | Engage in diverse market trading through CFDs, incurring $6 in commission per lot. Begin with a modest minimum deposit of $10, and benefit from 24/7 customer support for new traders. |
| Leverage | |
| 1:1000 | 1:500 |
| FTSE Spread | |
| 1.3 | 7.7 |
| GBPUSD Spread< | |
| 1.2 | 1.4 |
| Oil Spread | |
| 0.04 | 0.8 |
| Stocks Spread | |
| Variable | Variable |
| Forex | |
| SimpleFX offers a wide range of approximately 60 currency pairs, including major pairs such as GBP/USD and exotic ones like CHF/PLN. Trading fees are competitive, with an average of 0.9 pips for EUR/USD in tests. Designed for online currency trading, MetaTrader 4 can be accessed on desktop, web, and mobile platforms. | Trade over 50 currency pairs, including EUR/USD, with spreads starting at 0.6 pips. Utilise the widely-used MetaTrader 4 platform, offering interactive tools, customisable charts, and one-click transactions. Enhance your strategies with Expert Advisors for algorithmic trading. |
| Assets | |
| 57 | 55+ |
| GBPUSD Spread | |
| 1.2 | 1.4 |
| EURUSD Spread | |
| 0.9 | 0.6 |
| EURGBP Spread | |
| 1.0 | 1.5 |
| Cryptocurrency | |
| SimpleFX excels in its crypto trading environment, which now includes an expanding selection of tokens, such as Bitcoin, Ethereum, and Filecoin, paired with USD, enhanced further in 2024. The platform's crypto accounts facilitate seamless trading, catering to crypto enthusiasts. Moreover, its tailored staking service enables capital to be leveraged for margin trading. | A diverse range of 35 cryptocurrency pairs, such as BTC/USD and DOGE/USD, is available. Traders can access substantial leverage up to 1:100, surpassing that offered by many rivals, catering to seasoned crypto traders. |
| Spread | |
| 45.57 | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| Yes | No |
| Auto Market Maker | |
| No | No |
| SimpleFX | LonghornFX |
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