TradeSimple Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-02 15:07

Abstract：TradeSimple registered in the United Kingdom and is not regulated. It offers six types of accounts, with a maximum leverage of 1:500 and spread from 1.3 pips via the a web-based platform. The minimum deposit is $250.

　　Note:TradeSimple's official website - https://tradesimple.org/ is currently inaccessible normally.

TradeSimple Review Summary
Founded	/
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex, CFD, Cryptocurrency
Demo Account	/
Leverage	Up to 1:500
Spread	From 1.3 pips
Trading Platform	Web
Min Deposit	$250
Customer Support	Email: support@tradesimple.org
Customer Support	Address: 71-75, Shelton Street, London, Greater London, WC2H 9JQ, UNITED KINGDOM

　　TradeSimple registered in the United Kingdom and is not regulated. It offers six types of accounts, with a maximum leverage of 1:500 and spread from 1.3 pips via the a web-based platform. The minimum deposit is $250.

Pros and Cons

Pros	Cons
Multiple account types	Unavailable website
	Unregulated
	Limited tradable assets
	No MT4/5
	High minimum deposit
	No popular payment options
	Only email support

Is TradeSimpleLegit?

　　No, TradeSimple is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

What Can I Trade on TradeSimple?

Tradable Instruments	Supported
Forex	✔
CFD	✔
Cryptocurrency	✔
Commodity	❌
Indice	❌
Stock	❌
Bond	❌
Option	❌
ETF	❌

Account Type

Account Type	Min Deposit
Basic	$250
Bronze	$5,000
Silver	$10,000
Gold	$50,000
Platinum	$100,000
Diamond	/

Leverage

　　TradeSimple offers leverage up to 1:500, which can potentially bring high returns, but it also comes with high risks.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Web platform	✔	Web	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

　　TradeSimple allows money to be deposited only through unknown payment processors such as trdapps.com and wisenex.com. The minimum initial deposit requirement is $250.