XGo vs SimpleFX Compare
In our contemporary era digital tools has gained precedence reigning in numerous sectors. Among these tools, XGo and SimpleFX are two notable platforms in the world of forex trading. This article serves to offer a comparative analysis of XGo and SimpleFX, shedding light on their individual attributes, shared similarities and contrasting differences.
| Company | ||
|---|---|---|
| User rating | 18 user reviews | 4 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 18 user reviews | 4 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
SimpleFX is a trading platform supporting different classes of assets including cryptocurrency. The platform was founded in 2014. It is registered in Saint Vincent and the Grenadines.
|
XGo is a multi-purpose cryptocurrency platform or a neobank, as the XGo website puts it. The functionality of XGo combines numerous features. The company aims to replace the traditional financial system using cryptocurrency. XGo strives to make its service intuitive and introduce the benefits of cryptocurrencies to the masses.
|
Founding Date
| 2014 | 2021 |
Country
| Saint Vincent and the Grenadines | United Kingdom |
Type
| Centralized | Centralized |
Languages
| English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai, Romanian | English |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | London, UK |
Fees
| No data | No data |
| About |
SimpleFX is a trading platform supporting different classes of assets including cryptocurrency. The platform was founded in 2014. It is registered in Saint Vincent and the Grenadines.
|
XGo is a multi-purpose cryptocurrency platform or a neobank, as the XGo website puts it. The functionality of XGo combines numerous features. The company aims to replace the traditional financial system using cryptocurrency. XGo strives to make its service intuitive and introduce the benefits of cryptocurrencies to the masses.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2021 |
| Country | Country Saint Vincent and the Grenadines | Country United Kingdom |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai, Romanian | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address London, UK |
| Fees | Fees No data | Fees No data |
Trading
SimpleFX trading volume is 0. The exchange has 16 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.
XGo trading volume is 0. The exchange has 300 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
Volume
| 0 | 0 |
Pairs
| 16 | 300 |
Coins
| 16 | 200 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| No Fees | No data |
Margin
| Volume | Volume 0 | Volume 0 |
|---|---|---|
| Pairs | Pairs 16 | Pairs 300 |
| Coins | Coins 16 | Coins 200 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees No Fees | Fees No data |
| Margin | Margin | Margin |
Safety
Two factor authentication
Verified
| Unverified | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Verified |
Social
Website
| simplefx.com | xgo.com |
| @SimpleFXcom | @XGo_official |
Number of followers
| 2300 | 2880 |
| Website | Website simplefx.com | Website xgo.com |
|---|---|---|
| Twitter @SimpleFXcom | Twitter @XGo_official | |
| Number of followers | Number of followers 2300 | Number of followers 2880 |
Rating
| User rating | 18 user reviews | 4 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
To sum up, XGo and SimpleFX are both robust platforms that equips its users in the realm of forex trading. Each has its own unique capabilities and strengths. Your choice between the two will ultimately depend on your specific needs and preferences. Whether you prioritize interface design, customer support, or variety of features, evaluating both platforms is paramount for making an informed decision.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
|---|
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare SimpleFX with XGo. 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. SimpleFX was founded in 2014 in Saint Vincent and the Grenadines. XGo was founded in 2021 in United Kingdom.
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.
SimpleFX is Centralized and XGo is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
SimpleFX has a mobile app available for iOS and Android. XGo has a mobile app available for iOS and Android.
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. XGo has 1 language available, which is English.