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 vs LonghornFX Comparison Table 2025
SimpleFX LonghornFX
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4.2
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SimpleFX is ranked #55 among CFD brokers. LonghornFX is ranked # among .
Review
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 has closed or no longer accepts UK clients.
Pros
  • SimpleFX's unique WebTrader, supported by TradingView, provides a stable trading platform with an intuitive interface, welcoming even to beginner traders.
  • With MT4 support, traders can access advanced charting tools, technical indicators, customisable algorithms, and expert advisors for automated strategies.
  • In 2021, SimpleFX refreshed its platform, introducing a more streamlined client area with improved load speeds. It also launched a social trading community for idea exchange.
  • With leverage reaching 1:1000, traders can significantly boost their positions. This offers increased market exposure and the chance for amplified profits or losses.
  • The variety of cryptocurrencies for trading includes popular choices like ADA, BTC, and ETH, alongside niche options such as YFI, YFII, and ZEC.
Cons
  • SimpleFX functions with limited regulatory oversight, enabling it to provide high leverage. This means it is subject to less stringent scrutiny from regulators than brokers such as IG, which operate under strict regulatory environments.
  • While Bloomberg TV news and the economic calendar provide useful information, the absence of research tools such as Autochartist and Trading Central places traders at a significant disadvantage when seeking to identify opportunities.
  • The educational resources are adequate but could be improved. The 'Opinion' section requires more frequent updates. Adding video tutorials on market analysis and risk management would greatly benefit novice traders.
  • The limited availability of non-crypto funding methods is a drawback for traders who prefer more diverse and convenient ways to manage their accounts.
Awards
  • Best Support 2023, Crypto Expo Europe
  • The Best Trading Platform Cryptocurrency, World Expo 2022 - Warsaw
  • Best Mobile App 2020 - Rankia Awards
  • The Best Trading Platform, Finance World Expo 2019 - Zug
  • Best Cryptocurrency Trading Platform, Cryptocurrency World Expo 2018 - Berlin
FCA Regulated
No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Indices, Stocks, Commodities, Cryptos
Demo Account
Yes
Minimum Deposit
$0
Payment Methods
Minimum Trade
0.01 Lots
Regulator
FSC
Mobile Apps
iOS, Android + WebTrader
Trading App
SimpleFX offers its own app for Apple and Android devices with a user-friendly interface. It allows for easy trade management and access to over 220 tradable assets. Yet, sporadic unresponsiveness during testing and an average charting package may not suit very active traders.
iOS App Rating
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4.4
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Android App Rating
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3.8
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Margin Trading
Yes
MetaTrader 4
Yes
MetaTrader 5
No
cTrader
No
AlgoTrader
No
OmniTrader
No
TradingView
No
Autochartist
No
eSignal
No
Trading Central
No
STP Account
Yes
ECN Account
No
DMA Account
No
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
Yes
Robo Advisor
Yes
Negative Balance Protection
Yes
Market Maker
No
P2P Trading
No
Spot Trading
No
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No
Social Trading
Yes
Trade Signals
Yes
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Custodial Account
No
Guaranteed Stop Loss
No
Inactivity Fee
3%
Islamic Account
No
Account Currencies
  • USD
  • EUR
  • GBP
Commodities
  • Copper
  • Palladium
  • Platinum
  • Gold
  • Silver
  • Oil
  • Cocoa
  • Coffee
  • Cotton
  • Corn
  • Natural Gas
  • Soybeans
  • Sugar
  • Wheat
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.
Leverage
1:1000
FTSE Spread
1.3
GBPUSD Spread<
1.2
Oil Spread
0.04
Stocks Spread
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.
Assets
57
GBPUSD Spread
1.2
EURUSD Spread
0.9
EURGBP Spread
1.0
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.
Spread
45.57
Coins
  • ADA
  • APE
  • ARB
  • AVA
  • BCH
  • BNB
  • DASH
  • DOT
  • EOS
  • ETC
  • ETH
  • FET
  • FIL
  • INJ
  • LNK
  • LTC
  • MATIC
  • NEO
  • SOL
  • TIA
  • WAVE
  • XTZ
  • YFI
  • ZEC
Crypto Lending
No
Crypto Mining
No
Crypto Staking
Yes
Auto Market Maker
No
SimpleFX LonghornFX
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