Reported Website: https://tradesimple.org/index
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.
