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TradeSimple -

Score

1.37 /10
Danger

TradeSimple

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://tradesimple.org/index.html

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Score

Regulatory Index0.00

Business Index5.96

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Apollo MS Ltd

Company Abbreviation

TradeSimple

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-31
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

TradeSimple · Company summary

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.

User Reviews

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User comment

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Comments

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EK92965
more than one year
I have been trading there for 2 weeks and they instantly deleted my trading history and did not pay my money. I have the necessary proof and I am starting a legal process. They are the worst, STAY AWAY!!
I have been trading there for 2 weeks and they instantly deleted my trading history and did not pay my money. I have the necessary proof and I am starting a legal process. They are the worst, STAY AWAY!!
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2023-02-24 16:13
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FX1119282805
more than one year
I feel quite interested in this young broker, minimum deposit acceptable, surprisingly I on 1 trading trainer available, but my friend Mike, an experienced trader, says this broker is not unregulated, and then he recommends exness to me. Alright, I will have a try.
I feel quite interested in this young broker, minimum deposit acceptable, surprisingly I on 1 trading trainer available, but my friend Mike, an experienced trader, says this broker is not unregulated, and then he recommends exness to me. Alright, I will have a try.
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2022-12-09 15:57
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