Broker Review

Unauthorized Firm Details

Name: Simplifiedfx.live
Website: simplifiedfx.live

Platform Overview

SimplifiedFX, operating under the domain simplifiedfx.live, presents itself as an online trading and investment platform offering automated trading services. It claims to provide users with forex trading solutions through Expert Advisors (EAs) or trading bots, emphasizing ease of use, consistent profitability, and fast trade execution. The company promotes automation as a tool for simplifying trading decisions and generating passive income.

Regulation and Legitimacy

SimplifiedFX is not registered or licensed by any recognized financial regulatory authority. Independent investigations reveal no record of authorization under reputable bodies such as the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC). This absence of verified oversight raises concerns regarding the legitimacy of the platform and the safety of client funds.

The company’s ownership structure, headquarters, and corporate registration details are not clearly disclosed. The website uses privacy protection on its domain registration, preventing users from identifying the operators behind the platform.

User Experience and Public Feedback

Feedback from users has been mixed. Some individuals report that the platform’s automated trading bot performed as expected in the short term, while others claim that their accounts experienced consistent losses or that the system did not execute trades properly.
Several users also mention issues such as poor communication from support staff, lack of transparency in results, and difficulties withdrawing profits. These contrasting experiences indicate operational inconsistencies and limited accountability.

Transparency and Risk Indicators

SimplifiedFX makes several claims about the effectiveness of its automated trading system and the profitability of its strategies. However, there is no independent verification of these claims—no third-party audits, performance certifications, or public trading records are available.
The use of promotional language such as “guaranteed returns,” “automated profits,” and “low risk” without supporting data is a common warning sign in the online trading industry. Additionally, the lack of clarity about where client funds are stored or how trades are executed introduces potential financial risk.

Conclusion

SimplifiedFX markets itself as an accessible and efficient automated trading platform, but the lack of regulatory authorization, hidden ownership, and unverified claims raise serious concerns. The combination of inconsistent user experiences, missing transparency, and limited accountability positions SimplifiedFX as a high-risk option for traders and investors.

Prospective users should exercise caution, conduct independent due diligence, and prioritize platforms with verified regulation, transparent ownership, and publicly audited performance records before committing funds.