English
Rating Index
1.43
Regulation
0.00
License
0.00
Software Index
4.00
Risk Control
0.00
Business
6.38
Pros
Limited account types catering to different levels of traders.
Offers daily market analysis and account management for higher-tier accounts.
Provides a basic trading platform with essential features for executing trades.
Cons
Unregulated broker, posing a significant risk to investors.
High minimum deposit requirements compared to many legitimate brokers.
Negative reputation with multiple warnings from financial authorities regarding fraudulent practices.
SimpleWay broker Accounts
SimpleWay Account Type
SimpleWay offers five different types of trading accounts for investors, each designed to cater to various trading needs and experience levels:
- Beginner Account
- Minimum Initial Deposit: $250
- Standard Spreads (FX): 1.8 pips
- Daily Market Analysis
- Minimum Order: 0.01 lots
- Maximum Order: 20 lots
- Standard Account
- Minimum Initial Deposit: $1,500
- Standard Spreads (FX): 1.8 pips
- Daily Market Analysis
- Account Manager
- Welcome Bonus
- Upgrade Bonus
- Minimum Order: 0.01 lots
- Maximum Order: 20 lots
- Advanced Account
- Minimum Initial Deposit: $9,500
- Standard Spreads (FX): 1 pip
- Daily Market Analysis
- Account Manager
- Welcome Bonus
- Upgrade Bonus
- Minimum Order: 0.01 lots
- Maximum Order: 20 lots
- Professional Account
- Minimum Initial Deposit: $50,000
- Standard Spreads (FX): 0.7 pips
- Daily Market Analysis
- Account Manager
- Welcome Bonus
- Upgrade Bonus
- Minimum Order: 0.01 lots
- Maximum Order: 20 lots
- Exclusive Account
- Minimum Initial Deposit: $100,000
- Standard Spreads (FX): 0.4 pips
- Daily Market Analysis
- Account Manager
- Welcome Bonus
- Upgrade Bonus
- Minimum Order: 0.01 lots
- Maximum Order: 20 lots
- Visit the Website: Go to simpleway.trade or simpleway.world.
- Choose Account Type: Select the type of account that suits your trading needs from the options available.
- Fill Out Application: Complete the online application form with personal details, including:
- Full Name
- Address
- Phone Number
- Social Security Number (or equivalent)
- Deposit Funds: Fund your account via accepted methods such as credit/debit cards or bank transfers. The minimum deposit varies depending on the account type selected.
- Start Trading: Once your account is funded, you can begin trading through SimpleWay's proprietary platform.
SimpleWay Broker Account Opening Process
To open an account with SimpleWay, follow these steps:
Note: Ensure you understand the risks associated with trading, especially since SimpleWay is an unregulated broker.
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SimpleWay accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .