Is It Safe to Invest in SimpleFX? A Complete SimpleFX Review 2024
Selecting a brokerage or trading platform is a critical decision, especially in the face of rising fraudulent activities such as forex scams, cryptocurrency scams, investment scams, Romance Scams and online scams. Our primary objective is to safeguard your interests by providing insights that help you steer clear of potential risks. This in-depth SimpleFX review equips you with the details needed to make well-informed choices in the dynamic financial landscape.
SimpleFX Broker Overview
Website: https://simplefx.com/
Website Availability: YES
Official Address: St. Vincent and Grenadines
Regulation Status: Unregulated
Blacklisted By: Financial Supervisory Authority (Romania)
Domain Status:
- Domain Name: simplefx.com
- Registry Domain ID: 1460416_DOMAIN_COM-VRSN
- Registrar WHOIS Server: whois.uniregistrar.com
- Registrar URL: http://uniregistry.com
- Updated Date: 2024-01-04T06:48:37Z
- Creation Date: 1996-04-15T23:00:00Z
- Registrar Registration Expiration Date: 2029-04-16T23:00:00Z
FSA issues a warning about SimpleFX
SimpleFX Ltd, founded in 2014 and registered in St. Vincent and the Grenadines (SVG), owns and runs the SimpleFX brokerage. The company claims to be an award-winning entity in the currency market. Despite its honors, the Financial Supervision Authority has not allowed SimpleFX to provide investment services or engage in regulated activities under Law No. 126/2018. This lack of oversight and regulatory compliance raises worries about the possible hazards to investors. Investors must thoroughly evaluate the legality and regulatory compliance of any brokerage before engaging in financial transactions to protect their interests.
SimpleFX: Overview and Operations
The SimpleFX Trading Platform offers various solutions for investors, including Lightning Network payments, over 50 payment methods (including cryptocurrencies), native iOS/Android apps, the WebTrader since 2015 (awarded at industry events), a lucrative affiliate program, leverage up to 1000x, a wide range of financial instruments for trading (with over 25 new symbols added in 2022!), Stake & Trade accounts, and more.
Victim of SimpleFX scam? Contact Scams Report Team:
If you suspect encountering a fraudulent broker like SimpleFX, Scams Report is here to assist in fund recovery.
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- Free consultation: We understand that every situation is unique, and that’s why we offer a free consultation to all of our clients. Our team will listen to your story and provide personalized advice on the best action.
- Complaints: If you have a complaint about a scam broker, we are here to listen. We will take your complaint seriously and work to get to the bottom of the issue.
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Note: The information provided in the above SimpleFX review is derived from existing web SimpleFX reviews. Please be aware that we cannot be held liable for any legal action taken by SimpleFX company. If you have any inquiries or concerns, kindly reach out to us via email at admin@scamsreport.net.
