Best Simplex Brokers 2025

Discover the best brokers with Simplex deposits and withdrawals following our rigorous hands-on tests.

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Brokers With:

Simplex

Showing top 1 of 1 matching brokers.

1

OKX

OKX is a reputable cryptocurrency company founded in 2017. It provides a wide array of services, including mining pools and NFTs. Traders can buy and sell over 400 crypto tokens through OTC trading and derivatives. OKX also offers a high-quality online platform, developer tools, and comprehensive charts, making it a preferred option for technical traders.

Demo Account

Yes

Minimum Deposit

10 USDT

Minimum Trade

Variable

Leverage

No

Copy Trading

No

Regulator

VARA

Instruments

Spot, futures, perpetual swaps, options

Platforms

AlgoTrader, Quantower

Account Currencies

USD, EUR, GBP, INR, JPY, SGD, RUB, AED, SAR

Automated Trading

Yes

AI

No

Guaranteed Stop Loss

No

Go to OKX

Compare Brokers

Broker		USD Account	Demo Account	Minimum Deposit	Minimum Trade	Leverage	Copy Trading	Regulator	Instruments	Platforms	Account Currencies	Automated Trading	AI	Guaranteed Stop Loss
		✓	✓	10 USDT	Variable	✗	✗	VARA	Spot, futures, perpetual swaps, options	AlgoTrader, Quantower	USD, EUR, GBP, INR, JPY, SGD, RUB, AED, SAR	✓	✗	✗
Broker		USD Account	Demo Account	Minimum Deposit	Minimum Trade	Leverage	Copy Trading	Regulator	Instruments	Platforms	Account Currencies	Automated Trading	AI	Guaranteed Stop Loss

Safety Comparison

Compare how safe the Best Simplex Brokers 2025 are.

Broker	Trust Rating	Guaranteed Stop Loss	Negative Balance Protection	Segregated Accounts
	2.8	✗	✗	✗
Broker	Trust Rating	Guaranteed Stop Loss	Negative Balance Protection	Segregated Accounts

Mobile Trading Comparison

Compare the mobile trading features of the Best Simplex Brokers 2025.

Broker	Mobile Apps	iOS Rating	Android Rating	Smart Watch App
	Android & iOS	4.6	4.3	✗
Broker	Mobile Apps	iOS Rating	Android Rating	Smart Watch App

Comparison for Beginners

Compare how suitable the Best Simplex Brokers 2025 are for beginners.

Broker	Demo Account	Minimum Deposit	Minimum Trade	Education Rating	Support Rating	Fractional Shares	Demo Competitions
	✓	10 USDT	Variable	3.5	2.5	✗	✗
Broker	Demo Account	Minimum Deposit	Minimum Trade	Education Rating	Support Rating	Fractional Shares	Demo Competitions

Comparison for Advanced Traders

Compare how suitable the Best Simplex Brokers 2025 are for advanced or professional traders.

Broker	Automated Trading	VPS	API	AI	Pro Account	Leverage	Low Latency	Extended Hours
	✓	✗	✗	✗	✗	✗	✗	✗
Broker	Automated Trading	VPS	API	AI	Pro Account	Leverage	Low Latency	Extended Hours

Accounts Comparison

Compare the trading accounts offered by Best Simplex Brokers 2025.

Broker	Demo Account	Interest on Cash	Islamic Account	Joint Account	Managed Account	PAMM	MAM	LAMM	Pro Account
	✓	✗	✗	✗	✗	✗	✗	✗	✗
Broker	Demo Account	Interest on Cash	Islamic Account	Joint Account	Managed Account	PAMM	MAM	LAMM	Pro Account

Detailed Rating Comparison

Compare how we rated the Best Simplex Brokers 2025 in key areas.

Broker	Trust	Platforms	Assets	Mobile	Fees	Accounts	Research	Education	Support
	2.8	3.8	3.8	4.5	4.0	3.5	3.0	3.5	2.5
Broker	Trust	Platforms	Assets	Mobile	Fees	Accounts	Research	Education	Support

Fee and Cost Comparison

Compare the cost of trading with the Best Simplex Brokers 2025.

Broker	Cost Rating	Fixed Spreads	Inactivity Fee	CFD Stocks Spread	EUR/USD Spread	Crypto Spread
	4.0	✗	✗	✗	✗	Variable
Broker	Cost Rating	Fixed Spreads	Inactivity Fee	CFD Stocks Spread	EUR/USD Spread	Crypto Spread

Broker Popularity

See how popular the Best Simplex Brokers 2025 are in terms of number of clients.

Broker	Popularity
OKX	20,000,000

Why Trade With OKX?

OKX is a preferred choice for traders seeking new cryptocurrencies and projects for investment. Traders can benefit from its copy trading feature and automated bots.

Pros

OKX, licensed by the Dubai Virtual Assets Regulatory Authority, enjoys a strong reputation among its 20 million worldwide clients.
You can use a mobile app or desktop platform to trade various products like futures, options, and perpetual swaps.
Traders can access past data for spot and futures markets, which includes open-high-low-close data, cumulative trades, and trading history.

Cons

Customer support quality varied during testing.
The broker's platform and features might be hard to understand for new traders.
The company provides minimal regulatory supervision, a typical feature among crypto trading platforms.

Go to OKX

Top Pick

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Understanding Simplex: An Easy and Secure Way to Buy Crypto

Simplex is a type of service that makes it simple and secure to buy cryptocurrencies using your debit or credit card. It’s like a bridge connecting regular money (like pounds and euros) to the world of digital currencies. Simplex is licensed in the EU, adding an extra layer of trust and security.

We’ll dive into the benefits of using Simplex, its pricing, how fast it works, and why it’s popular among traders. We’ll also share a list of the best trading platforms (brokers) that let you use Simplex for payments.

Choosing the Best Simplex Trading Platforms

To find the top platforms that support Simplex, here’s what we did:

We started with a list of 500 online brokers and removed those that don’t allow Simplex payments.
We checked if the remaining platforms support both Simplex deposits and withdrawals for trading.
We ranked these platforms based on over 100 factors, drawing from our in-depth tests and observations.

What is Simplex? An Introduction

Simplex is a service that helps you buy cryptocurrencies with your credit card in a safe and easy way. It supports main currencies like GBP and EUR, making it convenient for users in the UK and Europe, but it’s also available globally.

Simplex was created in 2014 by Nimrod Lehavi and two ex-PayPal employees. Together, they designed this service to provide secure online payments with protection against fraud. This means when you use Simplex, your information is more likely to stay safe from hackers. It uses a unique computer program (AI) to help prevent fraud.

Compared to other options like Moonpay, Simplex offers speed and security when paying with your credit or debit card.

Fees

Using Simplex isn’t free. There’s a charge of up to 5% of the transaction amount, with a minimum fee of $10. Some wallets or platforms might charge extra fees, especially if you’re paying in a currency other than USD.

Speed

Deposits with Simplex are generally fast and often happen instantly. Withdrawals can take between 5 to 15 minutes, but sometimes it might take up to three hours. If your withdrawal doesn’t return in this time, you can reach out to their support team through live chat on their website.

Security

Simplex promises strong security for its payments, including protection from fraud and a guarantee that you won’t lose your money due to unauthorized charges. While they haven’t shared all the details publicly, customer feedback about their security measures is positive.

How to Use Simplex for Deposits

Here’s how you can add funds to your trading account with Simplex:

Choose the cryptocurrency you want to buy on a supported exchange like OKX and select payment via credit or debit card.
Enter the transaction details such as the amount and wallet address.
Follow the instructions in the checkout process.
Once you have submitted your documents and completed ID verification, the transaction proceeds automatically.

The process for withdrawals is similar, but you’ll follow steps to sell your cryptocurrency for USD on the exchange.

Pros of Using Simplex for Traders

Here’s why traders like using Simplex:

Secure and trustworthy.
Very fast payment process.
User-friendly and simple system.
Allows payment for crypto with credit/debit card.
Supports various payment methods like Visa, MasterCard, SWIFT, SEPA, and Apple Pay.

Cons of Using Simplex for Traders

However, there are a few downsides:

The fee structure can be relatively high.
Possible additional merchant fees.
Supports a limited range of currencies and cryptocurrencies.

Is Simplex Good for Trading?

Simplex is a strong option for traders because it offers fast and secure payments and partners with major exchanges. It uses AI technology to help prevent fraud, and you can get support via live chat. To start using Simplex for your crypto trading, just follow the steps mentioned above.

FAQ

Do I Need to Create an Account to Use Simplex at My Broker?

No, you don’t need to sign up to buy crypto with a credit/debit card or Apple Pay. However, if you want to transfer money to your trading account via SWIFT or SEPA, you’ll need a Simplex Banking account.

How Can I Use Simplex to Deposit to My Trading Account?

Simplex can be used on various exchanges like Binance and Changelly. This means you can deposit to your trading accounts using credit cards and bank transfers.

Which Brokers Accept Simplex?

Simplex is gaining popularity among crypto exchanges. You can explore our list of top brokers that accept Simplex payments, including well-known platforms like OKX and Bitfinex.