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Unauthorised Firm Details
Name: SimplifiedFX
Website: simplifiedfx.com
SimplifiedFX promotes itself as a trading/eA-bot service with claims of reliable, consistent returns, free education, strong customer support, and an “automated trading software” model. Some users report good experiences early on and praise signal performance or bot profits.
However, several formal warnings and independent checks raise serious concerns. The UK Financial Conduct Authority has issued a warning saying SimplifiedFX is not authorised to provide financial services in the UK. Independent broker-review sites classify the firm as unregulated and unreliable. Key red flags include lack of clear regulatory licensing details, hidden ownership data, vague or missing company address, and user reports that profits are hard to withdraw or that support becomes unresponsive once amounts increase.
Bottom line: SimplifiedFX shows many warning signs typical of high-risk or possibly fraudulent trading / bot services. Because of regulator warnings, mixed service reliability, hidden ownership, and complaints about withdrawals or unclear conditions, it should be considered high risk. Avoid investing significant sums unless you can independently verify licensing and see proof of successful withdrawals.
simplifiedfx.com is rated 1 out of 5 stars on Broker Review, based on major reviews.
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