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Author Topic: Can SimpleFX.com be trusted ?  (Read 2683 times)
pcoin (OP)
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October 11, 2016, 05:43:47 PM
 #1

SimpleFX.com adverts appears on almost any website that can display banner and that is an added advantage to the cryptocoin community but the question is can this site be trusted especially with huge amount of funds like their competitors that has fiats as their major deposit?
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October 11, 2016, 06:11:47 PM
 #2

They are a serious team, registered in law and whatever, it's a legit company working for years in the market...
But you know, at the end of the day... trust no one.
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October 11, 2016, 06:16:20 PM
 #3

I don't know if this website can be trusted however judging from the design of it , it looks a really heavy website with a lot of workload to load the page. Also the whois data shows some telephone numbers plus you can contact their customer support.

I think they are not a scam based on their website design, why bother themselves much. Why just not making a copy cat website and who falls for the scam falls. I am not saying they are trusted either as I don't know them and not use them.

In such case the best advice is, due your own due search and diligence.
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October 11, 2016, 08:13:23 PM
 #4

I'd consider giving them a try since the ones i have used have not produced the results I was expecting.
Heavy load as in network resources? Isn't that dependent on the internet connection that you are using if you notice any slow down?
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October 12, 2016, 01:21:07 AM
 #5

Seriously i can't trust a lot of my fund in there, dude. so i think you can trying or making a researching about them with a small amount. but i think. and are you wanna for try them if you're feeling doubt with their service.

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October 12, 2016, 02:41:26 AM
 #6

Every service is advertised as stable, trustworthy and safe - until it isn't. From what I know so far SimpleFx hasn't showed any signs of being a scam (that I know of).

But we have to remember that at some point Mt.Gox w as the biggest bitcoin exchange too, and we all know how this story ended. If you have even shadow of doubt about some service then don't use it.


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October 12, 2016, 05:10:00 AM
 #7

Hello Community,

If you have any questions about SimpleFX.com and our operations, please visit our official thread: https://bitcointalk.org/index.php?topic=1059253.0

We will try to answer all of your questions:)

SimpleFX - Trade Crypto, Stocks, Commodities with up to 1000x.
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|78% of retail CFD accounts lose money
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October 12, 2016, 07:13:33 AM
 #8

SimpleFX.com adverts appears on almost any website that can display banner and that is an added advantage to the cryptocoin community but the question is can this site be trusted especially with huge amount of funds like their competitors that has fiats as their major deposit?

Simplefx.com  is  legit dude, they are  operating  long enough and i could say their service is  good  and  platform is  quite  user-friendly and  regarding the deposits and   withdrawals  are smooth without any hassle. You should  try it and   remove  those  hindrances  on yourself.

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October 12, 2016, 08:20:27 AM
 #9

SimpleFX.com adverts appears on almost any website that can display banner and that is an added advantage to the cryptocoin community but the question is can this site be trusted especially with huge amount of funds like their competitors that has fiats as their major deposit?

Simplefx.com  is  legit dude, they are  operating  long enough and i could say their service is  good  and  platform is  quite  user-friendly and  regarding the deposits and   withdrawals  are smooth without any hassle. You should  try it and   remove  those  hindrances  on yourself.


As i've know thay site is long time running and been trusted by my fellow friends who use that site so i can call them legit also since they're doing a good job for sustaining for so long, i never try to use that site since before and i don't have any knowledge to play it before but for now i think i will not still play at those since i am being so attracted on crypto trading for now.


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ricku
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October 12, 2016, 08:26:43 AM
 #10

They appear legit in every way but i sent my funds there and i have lost some btc in the past however just yesterday here  that i traded with profits after using another deposits, i tried to make a withdrawer but i got a shock of my life 2 factor is wrong quite strange.
I am a scalper trader and that is why i like to remove some of my profits from the trading account but i have lost everything now because of their scamming attitude.
I have screen shots to this effect and i will advise anybody interested in trading with them to be very careful.

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October 12, 2016, 12:39:26 PM
 #11

Your issue has been resolved and your 2FA disabled. Next time please contact LiveSupport immediately, it is the easiest and fastest way to get help and solve a problem.

SimpleFX - Trade Crypto, Stocks, Commodities with up to 1000x.
blog.simplefx.com - Your daily source of crypto & financial market news
|78% of retail CFD accounts lose money
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October 12, 2016, 01:16:19 PM
 #12

SimpleFX.com adverts appears on almost any website that can display banner and that is an added advantage to the cryptocoin community but the question is can this site be trusted especially with huge amount of funds like their competitors that has fiats as their major deposit?

Simplefx.com  is  legit dude, they are  operating  long enough and i could say their service is  good  and  platform is  quite  user-friendly and  regarding the deposits and   withdrawals  are smooth without any hassle. You should  try it and   remove  those  hindrances  on yourself.


As i've know thay site is long time running and been trusted by my fellow friends who use that site so i can call them legit also since they're doing a good job for sustaining for so long, i never try to use that site since before and i don't have any knowledge to play it before but for now i think i will not still play at those since i am being so attracted on crypto trading for now.

Same here i would say that they are  legit  because  my friends do use this site to trade cyptos and   other stocks and currencies which  is  really good when you are  fan  of  trading things. I do use it sometimes just  to try on how it works and i could say  that  you should not hesitate on this site.

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October 12, 2016, 04:14:52 PM
 #13

Your issue has been resolved and your 2FA disabled. Next time please contact LiveSupport immediately, it is the easiest and fastest way to get help and solve a problem.
I do not see any bad about what ricku posted here because this thread is about the discussion of your website, anybody that needs facts can come here and read about your customers relations and your services.
My problem have also been solved and i do not doubt your service.
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October 13, 2016, 04:06:47 AM
 #14

Finally i confirmed that my account is in good position, the live support are fast to respond to complain and willing to help.
Fxsimple is a trusted company  Cool

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October 13, 2016, 05:09:49 AM
 #15

I have tried their platform for smaller amount of bitcoin and all seems working depositing, withdraw and trading. But i am still trying to figure out using metatrader trading platform and i like that simplefx supports metatrader integration. I think they are legit but yet to try them with bigger funds.
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October 13, 2016, 05:31:30 AM
 #16

I have tried their platform for smaller amount of bitcoin and all seems working depositing, withdraw and trading. But i am still trying to figure out using metatrader trading platform and i like that simplefx supports metatrader integration. I think they are legit but yet to try them with bigger funds.
Yes, they are legit, i am trading only on the metatrader platform and it is working great.

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October 13, 2016, 06:29:11 AM
 #17

Congratulations ricke for solving your problem with fxsimple real quick.
Happy trading.
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October 13, 2016, 07:02:26 AM
 #18

seeing that they have been on since ,at least May 2015 and there are no problems with the site and no scam accusations against them
I would say they are legit
exercise usual caution though,as with any forex broker or online exchange
mind you,being legit is a process
scam is finite Smiley

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October 15, 2016, 08:25:34 AM
 #19

SimpleFX.com works for many years already. Its a trusted
site and a legit one. Many traders uses the site simplefx.
Its a site were you can earn really.
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October 15, 2016, 08:37:39 AM
 #20

SimpleFX.com works for many years already. Its a trusted
site and a legit one. Many traders uses the site simplefx.
Its a site were you can earn really.
I know they are legit but your review is too flirting because fxsimple is also a site you can really loose your money, since fx market is high liquidity market, everybody should trade with caution.
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October 15, 2016, 10:58:43 AM
 #21

simplefx dot com is enough trusted but not high level truested
in there you can trading use meta trader 4, you can trading forex and bitcoin
in there support deposit and withdraw use bitcoin
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October 15, 2016, 12:30:19 PM
 #22

SimpleFX.com works for many years already. Its a trusted
site and a legit one. Many traders uses the site simplefx.
Its a site were you can earn really.
I know they are legit but your review is too flirting because fxsimple is also a site you can really loose your money, since fx market is high liquidity market, everybody should trade with caution.
Correct, even its a reputable  trading site but  it wouldnt guarantee you to make  money easily as  he  mentioned.   As you said  each trader should   trade with caution  because you may possible loss your money  in no time even how  reputable  the trading  site is.

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October 17, 2016, 07:46:21 AM
 #23

SimpleFX.com works for many years already. Its a trusted
site and a legit one. Many traders uses the site simplefx.
Its a site were you can earn really.
I know they are legit but your review is too flirting because fxsimple is also a site you can really loose your money, since fx market is high liquidity market, everybody should trade with caution.
Correct, even its a reputable  trading site but  it wouldnt guarantee you to make  money easily as  he  mentioned.   As you said  each trader should   trade with caution  because you may possible loss your money  in no time even how  reputable  the trading  site is.
Yes but i am now thinking on how to make money with fx trading than whether fxsimple is legit or not because they are legit.

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November 13, 2017, 08:38:10 PM
 #24

Simplefx is scam
 
We have discovered a malfunction of our Liquidity Provider’s bridge function. In result of the malfunction, our BitcoinCash Liquidity Provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we are forced to cancel all BCH trades placed after the above-mentioned time.
Trading on BCH currency pairs will remain halted until the issue with current Liquidity Provider is fixed, or until we come to an arrangement with a new Liquidity Provider.
omonuyak
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November 13, 2017, 09:20:00 PM
 #25

SimpleFX.com adverts appears on almost any website that can display banner and that is an added advantage to the cryptocoin community but the question is can this site be trusted especially with huge amount of funds like their competitors that has fiats as their major deposit?
This people has been in business for long and to me they can be trusted. Simplex. com is one of the leading forex brokers that accepts bitcoin and other cryptocurrency.
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November 13, 2017, 09:28:39 PM
 #26

Simplefx is scam
 
We have discovered a malfunction of our Liquidity Provider’s bridge function. In result of the malfunction, our BitcoinCash Liquidity Provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we are forced to cancel all BCH trades placed after the above-mentioned time.
Trading on BCH currency pairs will remain halted until the issue with current Liquidity Provider is fixed, or until we come to an arrangement with a new Liquidity Provider.

Wow, that is very shady. It looks like they got overrun by profitable trades during the Bitcoin Cash rally over the past couple days. As a bucket shop, they weren't able to repair their own position and feared that the market would continue rallying. As such, they cancelled all trades and aren't paying out any of the profits people made.

I've suspected for years that SimpleFX is a bucket shop that bets against its traders rather than hedging its traders' positions on the market like a real broker. This further confirms my suspicions.

Stay away from this place!

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November 14, 2017, 08:23:22 AM
 #27

Simplefx is scam
 
We have discovered a malfunction of our Liquidity Provider’s bridge function. In result of the malfunction, our BitcoinCash Liquidity Provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we are forced to cancel all BCH trades placed after the above-mentioned time.
Trading on BCH currency pairs will remain halted until the issue with current Liquidity Provider is fixed, or until we come to an arrangement with a new Liquidity Provider.

Wow, that is very shady. It looks like they got overrun by profitable trades during the Bitcoin Cash rally over the past couple days. As a bucket shop, they weren't able to repair their own position and feared that the market would continue rallying. As such, they cancelled all trades and aren't paying out any of the profits people made.

I've suspected for years that SimpleFX is a bucket shop that bets against its traders rather than hedging its traders' positions on the market like a real broker. This further confirms my suspicions.

Stay away from this place!

In some matters simpleFX is one of the good in the oldest trading site where we can choose for but for seeing the sad/bad experiences of some guys like you then I think I will be more careful upon having a huge trade on this site or maybe I will just use the liquid trusted cryptocurrency exchange that have a good stand upon trading liquidity.

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November 17, 2017, 02:03:01 PM
 #28

Simplefx is scam
 
We have discovered a malfunction of our Liquidity Provider’s bridge function. In result of the malfunction, our BitcoinCash Liquidity Provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we are forced to cancel all BCH trades placed after the above-mentioned time.
Trading on BCH currency pairs will remain halted until the issue with current Liquidity Provider is fixed, or until we come to an arrangement with a new Liquidity Provider.

We have discovered a malfunction of our Liquidity Provider’s bridge function. In result of the malfunction, our Bitcoin Cash Liquidity Provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we were forced to cancel all BCH trades placed after the above-mentioned time.

Trading on BCH currency pairs will remain halted until the issue with current Liquidity Provider is fixed, or until we come to an arrangement with a new Liquidity Provider.

SimpleFX - Trade Crypto, Stocks, Commodities with up to 1000x.
blog.simplefx.com - Your daily source of crypto & financial market news
|78% of retail CFD accounts lose money
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November 18, 2017, 02:39:07 AM
 #29

SimpleFX is actually one of the few trusted exchanges in my opinion. They've been in business since 2015 and honestly, I have never read a complaint against them that they were unable to resolve. Additionally, they are also one of the unique exchanges that always make a giveaway to their members every month with their non-farm payroll forecast contest. If they are only after your money, they won't be doing such contest continuously for almost 2 straight years and for free, without obligating their members the need to trade before they can participate.

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November 18, 2017, 12:07:26 PM
 #30

i think simplefx is scam! This problem not technical! they took almost .5 btc!
zckeles
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November 18, 2017, 12:23:03 PM
 #31

Simplefx is scam
 
We have discovered a malfunction of our Liquidity Provider’s bridge function. In result of the malfunction, our BitcoinCash Liquidity Provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we are forced to cancel all BCH trades placed after the above-mentioned time.
Trading on BCH currency pairs will remain halted until the issue with current Liquidity Provider is fixed, or until we come to an arrangement with a new Liquidity Provider.

We have discovered a malfunction of our Liquidity Provider’s bridge function. In result of the malfunction, our Bitcoin Cash Liquidity Provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we were forced to cancel all BCH trades placed after the above-mentioned time.

Trading on BCH currency pairs will remain halted until the issue with current Liquidity Provider is fixed, or until we come to an arrangement with a new Liquidity Provider.

i think simplefx is scam! This problem was not technical! they took almost .5 btc!
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November 19, 2017, 02:22:03 PM
 #32

Can't actually comment anything right now . There are people who are complaining stuffs about the site but on the other hand they are reverting back and giving possible solutions or atleast giving a valid answer to that. Why will SCAMMERS even want to revert back after scamming someone. So this point is stopping me from actually saying something about this.

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December 05, 2017, 09:41:19 PM
 #33

Account deleted, lost 80 000 USD. More here https://bitcointalk.org/index.php?topic=2470593
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December 05, 2017, 10:21:25 PM
 #34

I saw that thread, and i am still reading all the posts in here, it is incredible, i never thought that they were going to be scam.

I had more than $2000 in SimpleFX, but i withdrew them a long time ago when i stopped trading on forex, because i switched to altcoin trading because it was more profitable for me (in those times)

And i never had any problems with them so far, but in the last time, they were processing the withdrawals very slow, i dont know why they have turned scam but well, it seems that a lot of people lost a lot of money because of those thieves.

Account deleted, lost 80 000 USD. More here https://bitcointalk.org/index.php?topic=2470593




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