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SimpleFX

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4.0
(34 Reviews)

Founded: 2014 Min Deposit: 1 USD

Headquarters: Saint Vincent and the Grenadines Max Lev: 1 : 500

Risk Level I

SimpleFX is not regulated by SVG FSA and is warned by National Bank of Malaysia.

Score
Business Scope
0.0
Trading Cost
4.0
Trading Platforms
4.1
Support
4.1
Licence Status
SVG FSA 22361-IBC-2014
Registered

Deposit and Withdrawal

4.0

Score

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Company and Service

--

Score

Profile
Headquarters Address
Suite 305, Griffith Corporate Center Beachmont, Kingstown VC0100, St. Vincent and the Grenadines
Founded 2014
Broker Type
STP
Time Zone GMT
Credit Profile No information
Trading Platforms
MT4
Mac,  Windows,  iOS,  Android,  Linux
Contact
No Data
Others
Website Language
Arabic,  Chinese,  Dutch,  English,  French,  German,  Hindi,  Indonesian,  Italian,  Japanese,  Korean,  Malay,  Portuguese,  Romanian,  Russian,  Spanish,  Thai,  Turkish,  Vietnamese
Customer Service By
Email,  Live Chat,  Facebook,  Twitter,  Youtube
Supported Language
English

Overall Score

4.0
34 Reviews

Cost 4.0

Platforms 4.1

Deposit & Withdrawal 4.0

Customer Support 4.1

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34 Reviews

Maurice
7-12 months Kenya
I am new to trading - I have 1 year experience and I never used better platform than SimpleFX they do have everything that I need - Shoutbox for asking questions, Trading Ideas for inspirations, Live chat for any questions about platform and most importantly huge ammount of trading instruments to trade on.
2024-04-01
Reply
Murat Duz
7-12 months Balitmore
Simplefx is scam. i withdraw 0.45 btc yesterday. Simplefx canceled. (we have discovered a malfunction of our Liquidity Provider's bridge function. In result of the malfunction, our BitcoinCash Liquidity Provider has not been able to fill our Clients' orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we are forced to cancel all BCH trades placed after the above-mentioned time.) This my last money, if not withdraw today i will kill myself!
2024-03-15
Reply
Ponnu
1-3 years Poland
They cancelled all my trades and deleted my account. The reason was "exploiting inaccuracy of prices" (point 8.24 b) of their Terms of Bussiness). It means they cancel anybody trades when they decide to do so. Lost 80 000 USD.
2024-03-06
Reply
Helene
7-12 months Albania
SIMPLEFX is without question, a fraudulent broker , with 1) a problematic mobile platform full of issues like disappearing buttons which need reloading of the whole app in order to work again , high slippages, no ways for withdrawing, with banks and even Skrill having stopped to cooperate with them.2) totally UNREGULATED broker who is CANCELLING EVERY trade which has led to any serious profits above the clients deposits, so they create a win/win situation for them and only losses for their clients.3) they are paying for BOT followers for all their social media accounts for thousands of ""followers"" but if you notice they have closed the reviews and commenting sections , so having a facebook page with 70k fake followers but NO reviews , NO comments and under 20 to 30 views for their most posts , only verifies that all those ""likes"" are bought and NOT by real clients who only hate this ghost company.Stay AWAY
2024-03-04
Reply
Afoxi
7-12 months Colombia
They have a Terrible platform.They manipulate their rules , eating money from losing clients with risky trades and looting money even from the few who make a profit , with the excuse that their trades were very risky.Win--win situation! With their clients as victims
2024-02-28
Reply
Villads Holst
7-12 months Greenland
Too slow platform, with many bugs and the worst :No regulation. The few profitable clients find their accounts looted after any small withdrawal attempt
2024-02-21
Reply
Rita
7-12 months Moldova
Unregulated, with a tactic of looting every profitable trader's account with excuses that make no sense. No bank card options for deposits, no wire transfers and now NO Skrill for European clients as well. Only bitcoin allowed, something extremely problematic because BTC confirmations need many hours so you can lose a fortune if the market is moving against you and you desperately need funding.
2024-02-18
Reply
Madeeha Afzal
0-6 months Balitmore
Unregulated, tis broker is deleting trades and is stealing everything from all clients who made any profit .Very tricky advertising mechanism with afilliation prizes in order to get more victims as clients. They should not operate, the authorities of Grenadines should do something immediately
2024-02-05
Reply
Pawel
0-6 months Vietnam
I really cannot understand why this broker is operating! They are sending a msg telling that their liquid provider has canceled the trade when you are making some profit! They have the worst reputation
2024-02-01
Reply
Eva Saller
0-6 months Palau
Stay away from this broker.They stole money by deleting trades!They disappear everything they wish in their platform!Consultants are already after them for many cases but they are unregulated and it is difficult to stop them.
2024-01-29
Reply

1-10 of 34 comments

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