Compare IDEX vs SimpleFX

On this page, you can compare IDEX with SimpleFX. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. IDEX was founded in 2016 in Panama. SimpleFX was founded in 2014 in Saint Vincent and the Grenadines.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is SimpleFX. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

IDEX is Decentralized and SimpleFX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

IDEX doesn't have a mobile app. SimpleFX has a mobile app available for iOS and Android.

IDEX has 6 languages available, including English, Spanish, Korean, Russian, Chinese and Vietnamese. SimpleFX has 19 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai and Romanian.