SimpleTrades Review

Updated: April 18, 2026
SimpleTrades
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Fast Facts

Contact Info and Support

Traffic information

CategoryMetricsMeaning
RatingsGlobal Rank-
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Engagement metricsVisits0
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Estimated monthly visitsJanuary 20260
February 20260
March 20260
Traffic sourcesSocial-
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About SimpleTrades

SimpleTrades does not hold any financial regulatory licenses from recognized authorities such as FCA, CySEC, ASIC, CFTC/NFA, or any other reputable regulator. The Spanish Comisión Nacional del Mercado de Valores issued a warning against the entity operating at simpletrades.com, named as TURBO TRADING LTD, stating it is not authorised to provide investment or auxiliary services under the Securities Markets Act. The warning includes the domain simpletrades.com and was issued on 13 July 2020. The firm is not registered to offer foreign currency transactions or investment advice in Spain.

No license numbers, classes of assets, account types, minimum deposit, commissions or spreads, maximum leverage, base currencies, swap‑free options, hedging, scalping or EA policies, trading platforms, domains beyond simpletrades.com, or other operational details are publicly documented by any official source. Review sites and aggregated feedback indicate high spreads (e.g. 3 pips for EUR/USD), absence of regulation, and numerous customer complaints regarding withdrawal difficulties and unresponsive support. However, such information does not stem from primary, regulatory sources and therefore cannot be presented as confirmed facts.

Pros and cons

Pros

  • No confirmed factual advantages found in primary regulatory or company disclosures.

Cons

  • No regulatory oversight or license is documented.
  • . The firm was publicly warned by CNMV as unauthorised, for the domain simpletrades.com, on 13 July 2020.

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