SimpleFX Deposit and Withdrawal vary based on your country, limited to 102 options for funding and 101 for payouts, including crypto assets, e-wallets, and bank transfers, with 0% deposit fees.
Deposits are processed instantly or within 1 minute, while bank transfers take up to 3 days.
Fees vary, from free on BTC Lightning to 3.5% on cards, and up to 10 USD for bank withdrawals.
List of Deposit and Withdrawal Methods in SimpleFX
There are 3 types of deposit and withdrawal methods offered by SimpleFX Broker; Payment Options in SimpleFX:
- Crypto assets
- E-wallets
- Traditional bank transfers
List of SimpleFX Deposit Methods
SimpleFX deposit methods are limited to 102 methods that we have mentioned some of them in the list below; SimpleFX Funding Options:
- Credit card (Mastercard, VISA)
- Bitcoin (BTC)
- Bitcoin - BEP20 BSC
- Bitcoin - LN
- Tether (USDT) - BEP20 BSC
- Tether (USDT) - ERC20 ETH
- Tether (USDT) - TRC20 TRX
- TRON (TRX)
- Ripple (XRP)
- Wrapped Bitcoin (WBTC)
- USD Coin (USDC) - BEP20 BSC
- USD Coin (USDC) - ERC20 ETH
- Uniswap (UNI)
- Skrill
- PayPal USD (PYUSD)
- PAX Gold (PAXG)
- PAX Dollar (USDP) - ERC20 ETH
- PAX Dollar (USDP) - BEP20 BSC
- PancakeSwap (CAKE)
- Neteller
- Litecoin (LTC)
- Litecoin - BEP20 BSC
- Fasapay
- Ethereum (ETH)
- Ethereum - BEP20 BSC
- Polkadot (DOT)
- Dogecoin (DOGE)
- Dogecoin - BEP20 BSC
- Credit card (MU jurisdiction)
- Dai (DAI) - ERC20 ETH
- Dai (DAI) - BEP20 BSC
- Chainlink (LINK) - ERC20 ETH
- Chainlink (LINK) - BEP20 BSC
- Bitcoin Cash (BCH)
- Bitcoin Cash - BEP20 BSC
- Binance Coin (BNB)
- Bank Transfer
- Cardano (ADA)
SimpleFX Deposit Fees
SimpleFX offers 0% deposit fees on all supported payment channels. This applies to credit cards, e-wallets, and all crypto networks.
Deposit Processing Time in SimpleFX
Deposit processing is either instant or nearly instant, depending on the method; SimpleFX Funding Time:
Processing Time | Deposit Methods |
Instant | Credit card (Mastercard, VISA), Skrill, Neteller, Fasapay; BTC - LN ⚡️, ETH - BEP20 BSC, DOGE - BEP20 BSC, ADA, BNB, CAKE, DOT |
1 Minute | BTC - BEP20 BSC, USDT - BEP20 BSC, USDT - TRC20 TRX, TRX, XRP; USDC - BEP20 BSC, USDP - BEP20 BSC, DAI - BEP20 BSC, LTC - BEP20 BSC; LINK - BEP20 BSC, BCH - BEP20 BSC |
15 Minutes | USDT - ERC20 ETH, USDC - ERC20 ETH, USDP - ERC20 ETH, ETH, DAI - ERC20 ETH; LINK - ERC20 ETH, UNI, PAXG, PYUSD, BCH, WBTC |
1 Hour | BTC, LTC, DOGE, BCH |
3 Days | Bank Transfer |
SimpleFX Deposit Limits
Funding options come with limitations in minimum and maximum; SimpleFX Deposit Limits:
Limit Type | Methods | Amount |
Minimum Deposit | Credit card (Mastercard, VISA), Skrill, Neteller | 5 USD |
Credit card (MU jurisdiction), Bank Transfer | 10 USD | |
USDT, USDC, USDP, DAI (all networks), DOGE (both), Fasapay (USD), LTC - BEP20 BSC | 0.01 (in token) | |
TRON (TRX) | 1 TRX | |
BTC - LN | 0.015 BTC | |
BTC, ETH, XRP, BCH, ADA, BNB, LINK (BEP20), WBTC, CAKE, DOT, UNI, PAXG | No minimum stated | |
Maximum Deposit | Credit card (Mastercard, VISA) | $3,000 USD |
Credit card (MU jurisdiction) | $5,000 USD | |
All other crypto methods, e-wallets, and Bank Transfer | No Limit |
As you see, cards and e-wallets have the lowest minimum.
Withdrawal Options for SimpleFX
There are 101 withdrawal methods offered by the broker, but we settled for the most used ones; SimpleFX Payout Options:
- Credit card (Mastercard, VISA)
- Bitcoin (BTC)
- Bitcoin - BEP20 BSC
- Bitcoin - LN
- Tether (USDT) - BEP20 BSC
- Tether (USDT) - ERC20 ETH
- Tether (USDT) - TRC20 TRX
- TRON (TRX)
- Ripple (XRP)
- Wrapped Bitcoin (WBTC)
- USD Coin (USDC) - BEP20 BSC
- USD Coin (USDC) - ERC20 ETH
- Uniswap (UNI)
- Skrill
- PayPal USD (PYUSD)
- PAX Gold (PAXG)
- PAX Dollar (USDP) - ERC20 ETH
- PAX Dollar (USDP) - BEP20 BSC
- PancakeSwap (CAKE)
- Neteller
- Litecoin (LTC)
- Litecoin - BEP20 BSC
- Fasapay
- Ethereum (ETH)
- Ethereum - BEP20 BSC
- Polkadot (DOT)
- Dogecoin (DOGE)
- Dogecoin - BEP20 BSC
- Dai (DAI) - ERC20 ETH
- Dai (DAI) - BEP20 BSC
- Chainlink - ERC20 ETH
- Chainlink - BEP20 BSC
- Bitcoin Cash (BCH)
- Bitcoin Cash - BEP20 BSC
- Binance Coin (BNB)
- Bank Transfer
- Cardano (ADA)
As you see, "Credit card (MU jurisdiction)" is not present in the withdrawal methods list.
SimpleFX Withdrawal Fees
Unlike the deposits, withdrawing funds from the broker costs you some fees; SimpleFX Payout Cost:
- Credit card: 3.5% (min 1 USD)
- BTC: 0.00001 BTC
- BTC - BEP20 BSC: 0.00001 BTC
- BTC - LN: Free
- USDT: 0.5 to 4 USDT (based on network)
- TRX: 1 TRX
- XRP: 0.5 XRP
- WBTC: 0.00005 WBTC
- USDC: 0.5 to 4 USDC
- UNI: 1 UNI
- PYUSD: 4 PYUSD
- PAXG: 0.004 PAXG
- CAKE: 0.5 CAKE
- Neteller/Skrill: 1% (min 1 USD)
- LTC: 0.001 LTC
- ETH: 0.0001 to 0.0002 ETH
- DOT: 0.08 DOT
- DOGE: 2 DOGE
- DAI: 0.5 to 4 DAI
- LINK: 0.05 to 0.8 LINK
- BCH: 0.0003 BCH
- BNB: 0.0002 BNB
- Bank Transfer: 10 USD
- ADA: 1 ADA
Withdrawal Processing Time on SimpleFX
The processing time for cash-outs varies based on the methods; SimpleFX Payout Time:
Processing Time | Methods |
24 Hours | All cryptocurrencies including BTC (all types), ETH, BCH (both), DOGE (both), XRP, USDT (all), ADA, LINK (both), UNI, WBTC, CAKE, PYUSD, USDP (both), PAXG, DOT, DAI (both), USDC (both), BNB |
3 Days | Credit cards (Mastercard, VISA, MU jurisdiction), Neteller, Skrill, Fasapay, Bank Transfer |
As it’s mentioned, withdrawal through a bank account takes up to 3 days.
SimpleFX Withdrawal Limits
Withdrawing your funds from the broker has some restrictions; SimpleFX Payout Limits:
Limit Type | Methods | Amount |
Minimum Withdrawal | Credit card, Skrill, Neteller, Fasapay | 5 USD |
USDT (all), USDC (all), USDP (both), DAI (both), PYUSD | 10 USD | |
Bank Transfer | 100 USD | |
0.0001 BTC (BEP20 same) | BTC | |
BTC - LN | Unlimited | |
TRX | 2 TRX | |
XRP | 1 XRP | |
WBTC | 0.001 WBTC | |
UNI | 5 UNI | |
PAXG | 0.01 PAXG | |
CAKE | 1 CAKE | |
LTC | 0.005 LTC (native), 0.01 LTC (BEP20) | |
ETH | 0.002 ETH (native), 0.001 ETH (BEP20) | |
DOT | 0.2 DOT | |
DOGE | 40 DOGE | |
LINK | 1 LINK (ERC20), 0.1 LINK (BEP20) | |
BCH | 0.001 BCH | |
BNB | 0.001 BNB | |
ADA | 2 ADA | |
Maximum Withdrawal | Mastercard, VISA | $1,500 USD |
Skrill | $10,000 USD | |
All crypto, Bank Transfer, Neteller, Fasapay | Unlimited |
Writer’s opinion and conclusion
SimpleFX Deposit and Withdrawal is done by using BTC, ETH - BEP20, USDT - TRC20, or traditional credit cards like Mastercard and VISA.
Withdrawals via BTC - LN and other crypto are completed within 24 hours, while cards and banks may take 3 days.
Limits range from 5 USD minimum (cards, wallets) to no maximum for crypto like ADA, BNB, or BCH. For further guides, always check out SimpleFX Tutorials.
