Read our Simpleway Trade review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a simpleway.trade review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So Simpleway Trade is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Simpleway Trade in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
Simpleway Trade Review Conclusions
Making the Simpleway Trade review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Simpleway Trade review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
These cucksockers are damn scam, they stole my 250 and were demanding more money for tax, commissions and shit. First they showed me amazing profit of thousands percents, then were using their crook schemes to dig money from me. Never trust their lie
The simplewaytrade. Com is scam i trade 250 euro they are gon the say i have to pay TAx and i can. T get mony backe i have to wait 4 to 6 month
They talk as if they talk the truth. The account manager was handling my crypto wallet trying to withdraw fund without my permission. demanded more money after money. When i couldn’t provide money, he stopped trading. i told him that i withdrew my fund. he asked 105 TAX. I PAID IT THROUGH CRYPTO. HE PRETENDED A SIF HE DI DNOT RECEIVE. HE WANTED TO KNOW THE PREVIOUS CRYPTO TRANSACTIONS WAS GONG TO WHOM. HE TOLD HI WHOLE TEAM TO ASK ME WHERE THEMONEY WENT. HE WANTED TO KNOW ALL THE FUND OF MINE. NOW I LOST MY 250 EUROS. SCAMMERS.
I was supposed to have a financial adviser who would introduce me in trading. They never tought me anything, just wanting me to invest every second day, what luckily I never did.
I requested them to delete my account and they refused to do so. Lost 250 euro.
its purely scam all the way , i lost everything i have almost 3000 euros
why trading companies are begging and forcing for other people’s money to fill their tummy. I don’t howling this people will live by robbin other people’s money leaving the clients heart broken..human killers and they open their eyes to kill others every day morning.
Otworzylem ich reklame na YuTube,mila pani namowila mnie na wplacenie 250e.Po tygodniu na koncie byla ,podwojona suma,,wtedy pani namowila mnie na wplacenie 2000e.Konto roslo a mily glos pani tak mnie zaczarowal, ze podalem pin i haslo do mojego banku–mialo to sluzyc do synchronizacji konta na platformie z moim bankiem no i posluzylo ,,zostalem wyczyszczony do -250e.Omijajcie ta platforme–zlodzieje o anielskich glosach. Sa tak beszczelni ,dzwoni pani do mnie i mowi,ze jezeli zaplace podatek w wysokosci1400 e to ich bank zwroci mi pieniadze.To kolejny sposob na ograbienie.
I opened their ad on YouTube, a nice lady persuaded me to pay 250e. After a week there was a double amount on my account, then you persuaded me to pay 2000e. The account grew and your nice voice charmed me so that I gave my pin and password to my bank – it was supposed to be used to synchronize the account on the platform with my bank and it worked, I was cleared to -250e. Avoid this platform – thieves with angelic voices. They’re so lame, you call me and say that if I pay the tax of 1,400 e, their bank will refund my money. It’s another way to rob.
They have an add on you tube: Wherewithaleeducation.com they called immediately after I have given my phone number, luckily that was a red flag for me, as I was putting in credit card data. I told them I need to think it over, and they called back that I was online on site. I called the bank to make sure nothing was charged on card.
Yes, be aware about these scammers at “simpleway.trade”. This scammer platform is running by fckn Polish scumbags in Poland. They using all fake SIP numbers when calling their victims. Be aware there is only an address of fake company incorporator in the Caribbean, but there is no office address and phone number in Europe or fckn Poland where those scammers are sitting. Domain and website was created just in March this year and hiding all information about physical business address since this is another evidence of fraud. Further be aware of ID thieves by those fckn Polish scumbags. Please keep in mind that fckn Poland is the number ONE country in Europe for Internet Crime and Online Finance Fraud like Romania. These two countries are in world Cyber/Internet rankings number 3 and 4. Please submit a fraud complaint at domain registry regarding violation of international privacy policy while not mention a physical office address with real phone number etc. at: [email protected]
Surprisingly came to their website via YouTube where I was sucked into an add for chain-reaction.cc. Registering there means registering at simpleway. Was also called immediately by lady with Eastern European accent who tried to push me to pay the initial 250. I refused and said I’d like to do my due diligence first. She was very pushy and I didn’t like that at all. I am grateful to have found this site and the other users reviews and didn’t pay anything yet.
Can they be reported at YouTube and/or the creditcard companies?
They are scammers, change the amount numbers at the Platform as they want, and forces you to pay a withdrawal tax of a huge amount withdrawal that they invented, beside tells you that the money is coming from an English bank and blocked in Switzerland and to unblock you have to pay in advance a huge, incredible but the withdrawal bank email comes from a gmail account and no signatures and a mix of Banks names inside the gmail letter, and tells you to pay fast or you will be incriminate to the government! And the scammers from Simpleway keeps emailing and calling you from many telephones numbers! Report them to the CySec and https://forexrev.com/warnings-list/and to your police authority in your city and to the Netherland’s Authorities or where ever they tells you they are. And over all inform your Bank!
Yes, it is true, THEY ARE SCAMMERS:
The naivety with which I got into this game, created a pretty big hole in the budget, and the thought of making a profit, quite quickly prevailed in exchange for the conservatism that I usually show in terms of the internet and the information here.
The joy of some, the sadness of others, is exactly described by the other naïve, believing in a system of manipulation well established by those from Simpleway.
Is too late to regret, but it is a lesson learned.
Always check the information thousands of times, and follow it step by step, do not be fooled, this is a lesson learned quite expensively paid for by me.
100%scam
Im from Serbia. One off few countries they’re targeting. Do I have a way to get back my money?
Everything is sweet at the beginning, ofcourse. After you dont show interest to invest more…well you will see teeth shining.. and afterwards, if you send request to withdraw, you can feel them, trying to get true the flesh…
Initially 250€. After 2 months I have 150€ taxes, so I could withdraw?!?
I saved mail from them and all the correspondence from viber.
What now?
There is No way to get back your mony the are scam don’t send dem any mony
(Simpleway.)Ja też zostałam oszukana! Mam na koncie 1790€ i nie mogę odebrać(wyprowadzić). Nie odzywają się, konto stoi,nie zarabia,i niewiem co z tym zrobić! Może ktoś mi pomorze!
Frau Emma Hoffmann (Österreich) kontaktierte mich als ich auf die Webseite reagierte, alles klang super 252€ überwiesen. Ein Herr Kaiser (Berlin) mitakzent beriet mich bis ich nicht mehr weiter investieren wollte und mein handelskonto auflösen wollte. Herr Kaiser schrieb “er wäre nun nicht mehr für mich zuständig da ich kein Interesse mehr habe, tschüß.”
Hi to everyone. Is Emma Acker a financial advisor to anyone?
100% scam, 100% tieves, 100% bastards
Milice, da li možemo da stupimo u kontakt radi razmene konkretnijih detalja? Dosta bi mi značilo jer sam i ja najverovatnije naseo na pricu, i skrinšotovao sve, slikao ovu stranicu i poslao im, medjutim oni(ona) se i dalje bore da su pravi, da nisu prevaranti, što naravno da ne verujem, ali bih želeo sa tobom da razmenim detalje kako bih se uverio, pa ako si raspoložena i imaš par minuta slobodno možemo se čuti, dopisivati, šta god, kako god tebi odgovara.
Hvala unapred,
Srdačan pozdrav!
Tieves. Bastards.
Maybe somebody know how to close this account??
Ja sam Gizela iz Srbije, i mene su prevarili ja žele da povratim moja sredstva samo ne znam kako. . Šta sad?
https: // webtrader.simpleway.fund/ login Posto se ne razumem u trgovanje na berzi i bitkoine, mene su isto prevarili i uzeli su mi 33.000 dinara. preko kripto automata, nista nisam zaradila. Nisam uspela da dobijem natrag svoj novac nazalost. Ova brokerska kuca je prevarantska kuca.
Zovem se Anita iz Beograda sam, Srbije. Mene je isto prevarila pomenuta brokerska kuca, uzela mi je 33.000 dinara kao depozit preko kripto automata. Ne razumem se u bitkoine i trgovanje na brzi, to mi je bilo prvi put, nisam imala iskustva u tome. https://webtrader.simpleway.fund/login Prvo me je kontaktirao David preko razlicitih brojeva telefona, rekao je da su brokerska kuca iz Velike Britanije i da sam se registrovala na njihovom sajtu, sto nije bilo istina. Pomislila sam da sam mozda slucajno i nesvesno to uradila, pa sam zapocela poslovnu saradnju sa njima, jer mi je trebao novac za vantelesnu oplodnju. Kasnije smo se dopisivali preko what’s App-a. On mi je uzeo 13.000 din. Posle toga sam nastavila da se dopisujem sa njegovim poslovnim saradnikom Ahmedom Serifom isto preko What’s App-a, on mi je nakon toga uzeo jos 20.000 din. Uzeo bi Ahmed meni mnogo vise novca, trazio mi je mnogo vise od toga, da vise ulozim, da bi mi veca zarada bila, kako je napisao u porukama, da bi sto pre uvecala novac, i zapocela vantelesnu oplodnju, ali nisam imala vise od te sume novca. Dogovor je bio da mi do kraja 2022. godine uvecaju novac. Kada sam videla da je dosao kraj godine i da me ne kontaktiraju, shvatila sam da su me prevarili, prekinula sam saradnju sa njima i napisala sam im u porukama na What’s App – u da su prevaranti.