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 | Cons |
Multiple account types | Unavailable website |
Unregulated | |
Limited tradable assets | |
No MT4/5 | |
High minimum deposit | |
No popular payment options | |
Only email support |
No, TradeSimple is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
Tradable Instruments | Supported |
Forex | ✔ |
CFD | ✔ |
Cryptocurrency | ✔ |
Commodity | ❌ |
Indice | ❌ |
Stock | ❌ |
Bond | ❌ |
Option | ❌ |
ETF | ❌ |
Account Type | Min Deposit |
---|---|
Basic | $250 |
Bronze | $5,000 |
Silver | $10,000 |
Gold | $50,000 |
Platinum | $100,000 |
Diamond | / |
TradeSimple offers leverage up to 1:500, which can potentially bring high returns, but it also comes with high risks.
Trading Platform | Supported | Available Devices | Suitable for |
Web platform | ✔ | Web | / |
MT4 | ❌ | / | Beginners |
MT5 | ❌ | / | Experienced traders |
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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