Notice for sailors,
SIMPLEFX is a fraud and I detail it to you.
https://simplefx.com/dashboard/SIMPLEFX, is not regulated by any securities commission worldwide, nor by any other bank.
Therefore in case of bankruptcy you do not have your guaranteed funds as they indicate.
They do not have company registration worldwide but they are covered by the regulations of their country San Vicenta and Granadina, which is a tax haven, which means that they do not declare the benefits in any country where they offer their services, so they are committing fraud to the public finances of any country, they do not declare any profit and the countries where they offer their business are being defrauded.
In addition, if we add that there will be small operators that for small losses or maybe lost not very large do not declare to their public finances those losses, which is usually very normal, even more they get away with it. It's detrimental to your country, keep that in mind.
This is why they have such spectacular market commissions that attract so many clients, this is their hook and everything behind them.
As they are not regulated by any market commission, they offer their own guarantee fund according to their page that I doubt very much can guarantee the funds of all the operators or clients in case of bankruptcy and that will happen sooner or later.
The securities market commissions protect the investor and offer guarantee funds of their capital under bankruptcy or frauds of companies that are regulated and authorized, in this case with SIMPLEFX this is not so, they do it to transmit security to their clients and potential clients then you are covered by your laws in case of bankruptcy or fraud.
It may be unlawful or not to provide their services to any trader but taking into account the regulation they have is unethical, without being registered as an international company that is not, although they indicate that they can not offer their services in any country . There are laws of the globalization system that indicate this and all this can be denounced.
If you have not deposited your capital with them, better not do it keep in mind everything that I am saying, look for another broker or better look for another type of business,
The currency market, cfd and others, is very manipulated, gold and silver what more.
What to do if you have lost your capital in SIMPlEFX or any other company similar to this one:
They will not return the money, you have lost it or they have blocked it. The most normal thing is that you request their return to them directly but they are not going to
Return as indicated in your policy do not return the money.
The most important thing you have lost or not your capital, is that you denounce the commission of securities of your country that this SIMPLEFX broker is offering its services,
In less than a week a notification will be issued to alert investors.
For those who earn money with them should also alert their respective securities commissions, as you are logically making money and not interested,
But in the future, do not doubt that you will be the next victim, it has happened and it will happen again, you will see, no one is being bankrupted.
If you want to file a lawsuit against them, look for a lawyer expert in commercial law to be able to denounce it, there are good law firms that offer good prices, you could even file a class action that would be much cheaper but you have to find people who have been defrauded, internet it brings us closer to what you think, you just have to look, time plays against them.
Having said all this, SIMPLEFX is sure to offer their services and try to convince you to enter your business, first they will tell you to deposit a little
Money so that you can gain confidence by earning some money and you later, if you have earned your trust, you will deposit a greater amount of money.
Warned you are SIMPLEFX IS A SCAM YOU SEE WHERE YOU SEE IT.
I will continue publishing about this and other brokers to inform people, my ethics do not allow me to leave these impunities of these crimes
