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SimpleFX offers a First Deposit Bonus that rewards new traders with a bonus based on the size of their initial deposit. From September 24 to October 28, 2025, new and existing clients can unlock extra trading credit on their first deposit, with rewards reaching up to $5,000. The bonus works as additional margin for trading, helping you open more positions and explore market opportunities while keeping all the profits you earn.
Your bonus scales with your deposit: $40 for $100+, $100 for $250+, $200 for $500+, $1,000 for $2,000+, and $5,000 for deposits exceeding $10,000.
Bonus funds convert to withdrawable cash at a 10% cashback rate based on your trading spread turnover, redeemed in $5 increments every Wednesday.
Both fiat and cryptocurrency SimpleFX accounts qualify for this promotion, though ETH 2.0 accounts are excluded from the offer.
| Regulation | SVG registration 22361 BC 2014 |
| Founded | 2014 |
| Trading Platform | MT4, SimpleFX WebTrader |
| Min Deposit | $100 for bonus |
| Max Leverage | 1:500 |
| Spread From | 0.9 pips floating |
| Withdrawal Time | E-payments processed on weekdays |
You need to deposit at least $100 to qualify for the smallest bonus tier of $40. Higher deposits unlock larger bonuses up to $5,000 for deposits exceeding $10,000.
The bonus converts through trading spread turnover at a 10% cashback rate. Conversions happen in $5 increments every Wednesday based on your accumulated spread costs.
No. Each client can receive only one first deposit bonus. The bonus amount depends entirely on the size of your single first deposit.
SimpleFX currently holds no valid regulatory license from major authorities like the FCA, CySEC, or ASIC. The company is registered in Saint Vincent and the Grenadines under registration number 22361 BC 2014.
Making a withdrawal or internal transfer may trigger bonus removal from your balance. This could affect the margin available for your open positions.
The bonus remains available for trading for 180 days from your deposit date. You have this entire period to meet the spread turnover requirements for conversion.
Trading forex and CFDs with SimpleFX carries significant risk of loss, particularly given the 1:500 leverage available and the broker's unregulated status. You could lose more than your initial investment. SimpleFX operates from Saint Vincent and the Grenadines without oversight from major financial regulators like the FCA, CySEC, or ASIC. Ensure you understand these risks and consider seeking independent advice before trading.
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