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TradeSimple

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/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, CFD, Cryptocurrency
Demo Account/
LeverageUp to 1:500
SpreadFrom 1.3 pips
Trading PlatformWeb
Min Deposit$250
Customer SupportEmail: support@tradesimple.org
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 typesUnavailable 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.

No license

What Can I Trade on TradeSimple?

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

Account Type

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

Leverage

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

Trading Platform

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

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.

LeverageBrokerCurrency PairDealerForex tradingForex BrokerForex Currency pairleverage in forexforex marketCryptocurrencyBitcoinEthereumCFDsWebTrader

Related broker

No Regulation
TradeSimple
Company name:Apollo MS Ltd
Score
1.42
Website:https://tradesimple.org/index.html
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.42

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