✔️ Information reviewed and updated in April 2024 by Eduardo López

SimpleFX review

⭐ Opinions and information about the SimpleFX forex broker ⭐

¿Is the SimpleFX broker (aka simplefx.com) really trustworthy? ✅ Is it safe for you to invest your money with this company? ❎ Is SimpleFX reliable? ❎ In this section we will analyze the company and its reputation as such on the internet.

Do you want to give us a hand and help us with information about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to give the company a score according to their experience with it. ▶ Let's start with the analysis:

✔️ What is SimpleFX? SimpleFX is a broker of: Forex, Cryptocurrencies and CFDs.

✔️ The broker mentions be part of: SimpleFX Ltd.

✔️ Where is it based? SimpleFX is based on: San Vicente y las Grenadines.

✔️Is it a regulated broker? If we talk about regulation, SimpleFX broker does not mention being regulated.

❌ Actual location of company offices? We don't know yet, we appreciate someone (brave) giving us this information.

❌ Names of the actual owners? Still unknown, we appreciate any information.

SimpleFX website
SimpleFX website

We will continue to analyze the different account types that SimpleFX offers. In the case of SimpleFX, it does not have different types of accounts or plans.

 

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🔸 The platform used to operate is: MetaTrader 4.

🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: we note that they have a series of educational videos with basic terms and functions mainly on forex operations, and explanation of terms for traders. They also have tutorials on how to use their platform.   

✳️ SimpleFX Features ✳️

(I.e. Additional information about the company (I.e.

🔸 Phone number: does not have

🔸 E-mail: [email protected] | [email protected]

🔸 Website: simplefx.com

🔸 Bonuses, promotions, offers: None by the moment

🔸 Clarification: If you think that our review is not correct, or you have a different opinion about this company, we invite you to leave a comment in this section - rating with your opinion.

⭐ SimpleFX Valuation ⭐

Attention: unregulated broker, scam. Possible scam.

Caution broker's clients cannot withdraw. Scam, scam and claims

☑️ With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️. We do not recommend it.

☑️ Why? Is a broker no regulation and further is located in a very dangerous country for these activities (Saint Vincent and the Grenadines), on the other hand, when looking for information and other evaluations about SimpleFX find a lot of negative reviews and complaints, overall negative feedback.

(I.e. Is SimpleFX safe? How reliable is SimpleFX? ❎ We consider it to be an unsafe, unreliable company and we do not recommend it. ❎ Why? For the reasons mentioned above. Here you can read comments about SimpleFX. 

❗ December 2021 update: CONSOB, Italian financial regulator, has reported SimpleFX due to fraudulent activities.

🚫 Link to the warning 🚫 on the official CONSOB website.

❗ February 2022 update: BAFIN, German financial regulator, has reported SimpleFX due to fraudulent activities.

🚫 Link to the warning 🚫 on the official BAFIN website.

❗ February 2022 update: ASF, Romanian Financial Supervisory Authority, has reported SimpleFX due to fraudulent activities.

🚫 Link to the warning 🚫 on the official website of ASF

Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.

Are you part of SimpleFX? Are you a representative or worker of the company? Write to us at >> use this form <<

👇 User and trader score 👇

Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

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Review Rating

8 comments on «SimpleFX - simplefx.com»

  1. Anton Matute Reply

    I do not like the application of these pirates. I started operating about a month ago. I have earned a lot of money with SimpleFX, but when I asked to withdraw my funds all are excuses and procedures and they NEVER pay you, they are thieves ... a fraud !!!
    Do not believe ANYTHING !!!

    • reliableforexbroker.com Reply

      Hello Anton, you can get your money back, get in touch with the CHAT of our website, this broker called SimpleFX is a SCAM, many investors have denounced SimpleFX for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. It is a SCAM and does not return the money to its customers. ALL positive comments from this broker are FALSEThey are made by their own workers to confuse investors.
      We recommend that all those affected try to recover the money through companies specialized in this type of management from the CHAT that we have on the web or in the following link:
      Get your money back, we are on your side

      Time is vital, contact them quickly, do not hesitate!

      Greetings.

  2. Antonio Reply

    It is not a regulated broker in the US, but it is also not a regulated broker anywhere in the world. Only and according to them international laws, which ones? or laws of san vicente, thieves to more power, careful !!!!
    When you ask for statements and accounts of the company to ensure their legitimacy they do not deliver anything.
    Here link to the CNMV warning.

    https://www.cnmv.es/Portal/verDoc.axd?t={fe72a6e0-0988-40b2-a0ba-d0c0a2099714}

    • reliableforexbroker.com Reply

      Hi Antonio, thank you very much for sharing your experience with SimpleFX with us… It is really a shame what you mention, and you are right to be infuriated that they have no regulation, as we mentioned in the review… If you get more information about the company, please share it with us.

      Greetings.

  3. Carlo Cechetti Reply

    Hello good afternoon, is this a regulated broker? If so, what body regulates it?
    Thank you

    • Reliable forex broker Reply

      Hello Carlo, it is a NON-REGULATED broker, caution is recommended, greetings.

  4. Jonas Reply

    "With the information we have so far, the comments and reviews of users and traders, our opinion is that SimpleFX is a broker that can be trusted."

    WHERE ARE THE COMMENTS AND REVIEWS?
    HOW MANY DEPOSITS AND WITHDRAWALS DID YOU MAKE TO AFFIRM IT IS RELIABLE?

    • Reliable forex broker Reply

      Hello Jonas, the comments and reviews are taken from different sources, and we always try to take into account the experience of traders, if you have had any experience with SimpleFX we invite you to comment.

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