TradeSimple Forex Broker

Note:TradeSimple's official website - https://tradesimple.org/ is currently inaccessible normally.TradeSimple Review SummaryFounded/Registered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsForex, CFD, CryptocurrencyDemo Account/LeverageUp to 1:500SpreadFrom 1.3 pipsTrading PlatformWebMin Deposit$250Customer SupportEmail: support@tradesimple.orgAddress: 71-75, Shelton Street, London, Greater London, WC2H 9JQ, UNITED KINGDOM TradeSimple registered in the United Kingdom and is not regulated. It offers six types of accounts, with a maximum leverage of 1:500 and spread from 1.3 pips via the a web-based platform. The minimum deposit is $250.Pros and ConsPros Cons Multiple account typesUnavailable websiteUnregulatedLimited tradable assetsNo MT4/5High minimum depositNo popular payment optionsOnly email supportIs TradeSimpleLegit? No, TradeSimple is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.What Can I Trade on TradeSimple?Tradable Instruments Supported Forex✔CFD✔Cryptocurrency✔Commodity❌Indice❌Stock❌Bond❌Option❌ETF❌Account TypeAccount TypeMin DepositBasic$250Bronze$5,000Silver$10,000Gold$50,000Platinum$100,000Diamond/Leverage TradeSimple offers leverage up to 1:500, which can potentially bring high returns, but it also comes with high risks.Trading PlatformTrading PlatformSupported Available Devices Suitable for Web platform✔Web/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal TradeSimple allows money to be deposited only through unknown payment processors such as trdapps.com and wisenex.com. The minimum initial deposit requirement is $250.