Trade Simple Review : Fees, Pros and Cons, Reviews by Real Traders

Trade Simple

Operating status: SCAM

Website: https://tradesimple.org/index

Broker violations and abnormal records

Nov 23, 2022 BrokersView has Reviewed that Trade Simple is an Unregulated Forex Broker
Trade Simple claims to be owned by Apollo MS Ltd, a company regulated in the United Kingdom with reference number: 13131574. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to the company name or the reference number in FCA. The regulatory information this broker claim is a false statement for unsuspecting traders. The truth is, Trade Simple is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Trade Simple claims to be owned by Apollo MS Ltd, a company regulated in the United Kingdom with reference number: 13131574. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to the company name or the reference number in FCA. The regulatory information this broker claim is a false statement for unsuspecting traders. The truth is, Trade Simple is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Dec 14, 2022 The UK FCA Added Trade Simple into Its Warnings
On 15 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Trade Simple was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/trade-simple

On 15 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Trade Simple was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/trade-simple
Dec 20, 2022 The Ontario OSC Added Trade Simple into Its Warnings
On 21 Dec 2022, the Ontario Securities Commission (OSC) issued a warning that Trade Simple was not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/tradesimple-apollo-ms-ltd-tradestation

On 21 Dec 2022, the Ontario Securities Commission (OSC) issued a warning that Trade Simple was not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/tradesimple-apollo-ms-ltd-tradestation
Dec 25, 2022 BrokersView has found that Trade Simple's domain is not working
On 26 Dec 2022, BrokersView found that the domain of Trade Simple (https://tradesimple.org/index) was invalid.
The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.

On 26 Dec 2022, BrokersView found that the domain of Trade Simple (https://tradesimple.org/index) was invalid. The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.

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