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Regarding the legitimacy of Simple Pips Market forex brokers, it provides a comprehensive investigation into the security aspects of regulatory and WikiBit, as well as whether there are any negative scam reviews.
Rating Index
WikiFX Detection
Business
Influence E 
License
No license 
Is Simple Pips Market a scam, or is it legit?
The latest exposure and evaluation content of Simple Pips Market brokers.
SIMPLE PIPS MARKET WITHDRAWAL IMPOSSIBLE
I got approached on Facebook to invest in trading on simplepipsmarket.com.I invested the first 200 and then 500 USD. The amount went up very fast and then did not move further. I was told I must invest 500 USD more to continue trading. I did so and it went up to 8000. I tried to withdraw 500 USD. One has to click on the link for an OTP. I did and got an error message. I wrote to support and was told I needed to pay another 1500 USD for the next level subscription to continue trading and after 3 weeks I would able to take out money. I saw the company is not licensed and found additionally that the person who approached me has a large number of fake profiles on Facebook. I attached screenshots.
Legitimacy of similar brokers
Simple Pips Market's latest industry rating score is 1.24, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. Simple Pips Market
If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.