SimpleFX Review

SimpleFX Review 2020

Regulated By: Not a regulated broker

Foundation Year : 2020

Headquarters : Suite 305, Griffith Corporate Centre Beachmont, Kingstown VC0100, St. Vincent and the Grenadines

CFDs trading involves risk of loss

Every 2 months SimpleFX offers its clients a cashback promotion.

Latest Tweets by @SimpleFXcom

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SimpleFX.com Review Visit site

About SimpleFX.com

SimpleFX is a forex broker. Simple FX offers the MetaTrader 4 and Mobile forex online trading top platforms. SimpleFX.com offers over 55 forex pairs, cfds, cryptocurrencies, indices, commodities and precious metals for your personal investment and trading options.

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Consumer Reviews

Service use: Live

Length of use: over 1 Year

Service use: Live

Length of use: 0-3 Months

Unfortunately all the one star reviews are describing the truth about this broker.

Both my boyfriend and my best friend have lost money by them.
They delete trades for ridiculous reasons.

They have established a system of promo which is based on totally fake clients/bots.

Their social media image is fake as well, they try to hide this reality with ridiculous excuses as you can see in their answers to their clients, like that in fb their fake thousands of followers simply don’t react and that they are facing a series of fake reviews (but guess : only those reviews are coming from their few real clients . )

Avoid Simpefx.
They are unregulated, they don’t give the stolen money back because they are not controlled by regulators.

Hi, thanks for your comment.

We have been delivering an outstanding product for five years now, and praise to have 200,000 active users worldwide. As any broker, from time to time we have to deal with anonymous negative reviews that usually come from unethical competitors and fraudsters who had their accounts closed due to the violation of our T&C.

We are doing our best to give you the best customer service, and leave no client unsatisfied.

1) if you or your friends had any issues with our platform, please contact the SimpleFX Support Team giving the account name at [email protected]

2) We use Facebook for display advertising, not direct communication. This is why we don’t have many interactions there. If you want to talk with traders using our services login to a DEMO account and chat with them here: app.simplefx.com.

Best,
SimpleFX Team

I never had any issue with trading and withdrawls.
Their support is helpfull when you have questions.
They are constanlty trying to envolve theirselves what is a big plus!

I give this broker a 5 start rating.
Thanks!

Their app is terrible, with disappearing buttons and laggy response.
In many devices like Sony Tablets or some mobiles it doesn’t even run.

Beside that, the company is COMPLETELY unregulated and the forex forums have been flooded with clients who have lost money from deleted trades.
They never pay the profits of their profitable clients, finding reasons for deleting their profitable trades , like “a mistake from their liquid provider which hadn’t excecuted the order” or a “negative balance abuse” and other ridiculous ones.

In order to survive as a company with such a bad fame, they try to pay all the sites for deleting the real reviews and they pay bots to create a fake social media army of supporters.

If you visit their facebook page you will notice that they (fakely) have 70.000 followers BUT their most posts have just 10-20 views ( yes you read well. NOT thousands).
If you are lucky enough you may encounter replies from their few real clients who are commenting for their fraudulent activity and their looted accounts after their deleted trades. Usually they delete every real comment and they block the users in order to hide the truth.

Everyone be EXTREMELY careful with this company, they make EVERYTHING to gather loser clients and ban the few who have made it to make a profit and silence them for their awful experience of trading with SimpleFX.

Every single negative review I have read about them in here and in so many other sites and forums are absolutely true describing the truth. The fake of the story is their response and their tactic of blocking the truth either by paying forex sites or by creating a fake image in the social media like their Facebook page (really WHY you have over 70.000 followers and NO real review there?
Maybe you will go and BUY some reviews in your facebook page like you did with your fake 70k bot followers, but those money went in vain dear Sirs of SimpleFX. Because everyone by simply noticing how few views you have in your posts and how every negative comment is being deleted under your ghost threads in facebook, can very easily understand why all your activity is full of lies and based on fake followers. Obviously even the very few positive reviews in here or other forex sites, which hold your score from going to 1, are fake by insiders of your company or by paid people.

Hello, thank you for your comment.

As for your issues with our app, these are new to us, and we are surprised they appear on an open forum before reaching our support from any of over 200,000 registered SimpleFX users.