TradeSimple
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 |
| 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.
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