Simple FX review

Simple FX

SimpleFX Review – Anonymous CFD Trading for the Crypto Brave

SimpleFX has become the go-to CFD trading platform for users who demand lightning-fast performance, crypto-based deposits, and anonymous trading. In this detailed review from 2CryptoGuys, we break down the real experience of using SimpleFX in 2025 – what works, what doesn’t, and why it's worth your attention.

What is SimpleFX?

SimpleFX is a no-KYC, multi-asset CFD trading platform that lets users trade crypto, forex, indices, commodities, and stocks with up to 1:1000 leverage. Launched in 2014, it stands out with its clean UI, instant order execution, and support for crypto wallets as your main funding source.

Core Features of SimpleFX

  • No KYC: Sign up and trade anonymously
  • High Leverage: Up to 1:1000 on select pairs
  • Crypto Funding: BTC, ETH, LTC, USDT & more
  • CFD Trading: Over 200 instruments
  • Fast Execution: Ideal for scalpers & day traders

If you’re looking for a private, fast-paced trading experience that skips traditional onboarding headaches, SimpleFX is tailor-made for you.

Crypto CFD Trading on SimpleFX

SimpleFX supports 24/7 crypto CFD trading with top pairs like BTC/USD, ETH/USDT, LTC/EUR, and many more. Unlike spot exchanges, you can short the market, use leverage, and trade with tight spreads. You can even open an account using only your crypto wallet – no email, no ID.

Want real-time market tracking? We suggest pairing SimpleFX with CoinGecko tools to stay ahead of crypto price movements.

User Experience and Interface

The UI is minimalist, fast, and responsive. No distractions, just charts, order forms, and market insights. It includes:

  • Dark/Light mode toggle
  • Multi-screen charting with TradingView
  • One-click trading
  • Live P/L metrics and positions overview

The mobile app is equally solid, letting you manage trades and funds effortlessly while on the go.

Deposits & Withdrawals – Full Crypto Control

  • Supported coins: BTC, ETH, USDT, LTC, XRP, BCH, and more
  • No fiat support: Entirely crypto-based economy
  • Instant withdrawals: 24/7 crypto processing
  • No deposit/withdrawal fees (you only pay blockchain gas)

You remain in control of your funds at all times. No banking slowdowns. Just crypto in, crypto out.

Security and Privacy

SimpleFX is one of the few platforms offering true trading anonymity. You don’t even need an email to trade. Add two-factor authentication, SSL encryption, and cold wallet storage, and it becomes one of the most privacy-conscious platforms online.

Bonuses & Promotions

They regularly run trading contests with prizes in Bitcoin and offer affiliate rewards with lifetime commissions. There’s also a demo account to practice strategies risk-free.

Downsides of SimpleFX

While SimpleFX scores big on speed and freedom, it lacks licensed regulation in major jurisdictions, which may concern some users. It also has limited educational content compared to brokers like eToro or Binance.

Who Should Use SimpleFX?

  • Crypto traders who want leverage
  • Privacy-first users avoiding KYC
  • Day traders who value speed
  • Scalpers seeking fast execution

Comparison with Competitors

  • vs. Bybit: Simpler UI, fewer coins
  • vs. eToro: Higher leverage, anonymous
  • vs. Binance: No KYC, no spot market

Final Verdict – Should You Use SimpleFX?

Yes – if freedom matters. If you want a powerful CFD platform without KYC delays, SimpleFX shines. It’s not for regulated asset investors, but for privacy-focused, high-speed traders, it’s a gem.

For more no-BS crypto reviews, visit 2CryptoGuys – where real traders tell it like it is.

FAQs – What Traders Want to Know

Does SimpleFX require KYC?

No. You can trade anonymously using only a crypto wallet.

Can I short crypto on SimpleFX?

Yes. You can go long or short using CFD contracts.

Is SimpleFX safe to use?

It uses strong security features, but lacks regulation. Use wisely.

Can I use a demo account?

Yes, it offers a risk-free demo to test strategies.

Does it support mobile trading?

Absolutely. The mobile app is smooth and responsive.

Pros:
  • No KYC
  • High leverage
  • Crypto-only
  • Fast execution
  • Clean UI
  • Mobile Support
Cons:
  • No regulation
  • No fiat
  • Basic education
  • CFDs only
  • Risk of liquidation