Updated: Jun 28, 2021 ·  · Is this your company?

SimpleTrades is a forex broker. Simple Trades offers the MT4, WebTrader and Mobile forex trading top platform. offers over 50 forex currency pairs, cfds, commodities, stocks, indices, oil, gold and silver for your personal investment and trading options.

Website is down. Company seems to be out of business.

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Traders Reviews

Cairo, Egypt,
Jun 14, 2020,
Registered user


Service use: Live

Length of use: 3-6 Months

Take all my money its a scam company not understand what thay do i dont reccomend any one to join this company
  2 traders have found this review helpful
cairo, Egypt,
Dec 31, 2020,
Registered user


Service use: Live

Length of use: 3-6 Months

A thief company, they steal my money, they make fake shows, and they don’t tell all the truth from the first, and they depend on new people in this field,They stole about $ 3500 from me.
  1 trader has found this review helpful
Cairo, Egypt,
Feb 29, 2020,
Registered user

they are meaning to margin the users accounts

Service use: Live

Length of use: 3-6 Months

Simple Trades is a scam which must be exposed for what it really is. Make sure to stay away from any broker who shares the same characteristics. In order to stay completely safe from Simple Trades, ignore all their calls to sign up. Mark their emails as Spam and never click on any links sent by them. Remember to warn your family and friends from joining any of their affiliate programs. These programs are ways to make members enlist other investors into this platform.

-check the below msg that i have already sent to the company and i didn't receive any answer till now ! i have also screenshots for the chat between me and the company members also screenshots for the account that i was using.

dear all,
please note that i have deposited 1000$ and as per your employer they said that ill gain good money ..

and from this time 13-11-2019 till now i didn’t gain anything only we was testing the withdrawal and i receive 80$ from my own money ..

anyway the employee was handling my registration RAMY, Soliman (or maybe they are using other names) his No. +44 7867 213808

and the one handling my account at beginning YOUSSEF his No. +44 7760 937411
we was working fine and suddenly he went to vacation, after than the 2nd account management by MOHAMED his No. is +44 7520 641069

actually MOHAMED is the worst account manager handling my account and most of the trades without any stop lose and also most of it counting by negative-600 -500 -900 and so on ..
all that on account the only amount that i have is 1000$ !!!
i was warning him many times about the account situation and he said no worries your account is far away from the margin and if it happened we will pay you back the balance and we will start over, and he still providing me by signals with high value and i told him thats wrong and actually he don’t care and his target was to margin my account and he mean it you can check the calls between me and him after i escalated him to his supervisor YOUSSEF.

and the last call he was asking me to open 2 trades with high value once i open the account margin and he hang the call suddenly!!!

i tired to communicate with him through WhatsApp with no answer !!!

check the attached containing all my movements cycle on my account with the account manager (disregarding)

More. Community discussion of this issue >>

  4 traders have found this review helpful
Dubai, United Arab Emirates,
May 31, 2020,
Registered user


Service use: Live

Length of use: 3-6 Months

This company is associated with and is a scam.

After I had opened an account with and lost $500, they called me and said that they would transfer me to a new platform which is better, that was how I registered on

My account manager was Rami Ibrahim, His Email He gives really bad advice with huge lots and doesn’t use stop lose. Not only that, he would constantly keep asking me to deposit more money.
When I made $200 and asked to withdraw, they did not allow me and kept saying that I should wait and let the money grow before I start withdrawing. My account went under and I asked them to close it because I don’t want to do business with them anymore, but they haven’t done that, they keep calling/emailing ( +43720145215, +3225886950) me that I should come back and they can help me get my money back. and are scam brokers, do not believe their recovery department, its all part of the scam.

  2 traders have found this review helpful