Global Broker Regulatory Inquiry Platform
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

SIMPLE WAY

Dominic Dominic | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://simpleway.trade/

Website

Rating Index

Contact

https://simpleway.trade/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Dominic
Operating Period
2-5 years
Company Name
SIMPLE WAY
Customer Service Email Address
support@simpleway.trade
Account
Website
Genealogy
Related Companies
Company Summary
Disclosure
Wiki Q&A
Comment

Users who viewed SIMPLE WAY also viewed..

Exness

Exness

8.33
Score
10-15 yearsRegulated in CyprusMarket Making License (MM)MT4 Full License
Exness
Exness
Score
8.33
10-15 yearsRegulated in CyprusMarket Making License (MM)MT4 Full License
Official Website
STARTRADER

STARTRADER

8.57
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
STARTRADER
STARTRADER
Score
8.57
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
Neex

Neex

8.64
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Neex
Neex
Score
8.64
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
vantage

vantage

8.70
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
vantage
vantage
Score
8.70
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website

Website

  • simpleway.trade
    172.67.149.138
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Genealogy

vip Subscribe in the App to unlock!
Download APP
vipvip
SIMPLE WAY

Related Companies

SIMPLE WAY LIMITED(Hong Kong)
Hong Kong
SIMPLE WAY LIMITED(Hong Kong)
Active
Hong Kong
Registration No.2272604
Established
Related sourcesWebsite Announcement

Review summary

SIMPLE WAY is a forex broker that has been operating for approximately 2-5 years from a registered location in Dominica. According to WikiFX data, the broker receives an exceptionally low overall score of 1.49, reflecting fundamental concerns across multiple assessment categories. Critically, SIMPLE WAY operates without any valid authoritative forex trading licenses, placing it entirely outside established regulatory frameworks for investor protection. The broker's business scope is flagged as suspicious, and the absence of oversight creates a highly speculative environment for traders. The firm offers multiple account tiers with entry conditions ranging from $250 to $100,000 and spreads starting from 0.4 pips, but these conditions should be evaluated in the context of its complete lack of regulatory safeguards. Given these factors, engagement with this entity carries a severe level of risk. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-04)

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is SIMPLE WAY safe and reliable?

No. According to WikiFX data, SIMPLE WAY exhibits significant reliability concerns. The broker receives an exceptionally low overall WikiFX score of 1.49, indicating fundamental issues across multiple assessment categories. Most critically, the entity operates without any valid forex trading licenses, placing client funds entirely outside established regulatory frameworks designed for investor protection. These factors combine to create a highly speculative environment, and traders should exercise extreme caution.

Two days ago
United States

Is SIMPLE WAY regulated?

No. SIMPLE WAY does not hold any valid, authoritative licenses for forex trading. The firm is registered in Dominica, a jurisdiction that does not provide substantive regulatory oversight for forex brokerage activities. According to WikiFX assessment, its regulatory index score is 0.0, confirming a complete absence of credible supervision. Trading with an unregulated entity means forgoing standard protections such as segregated client funds and formal dispute resolution channels.

Two days ago
United States

What is the minimum deposit of SIMPLE WAY?

SIMPLE WAY offers multiple account tiers with varying entry requirements. The minimum deposit is $250 for its 'NOVICE' account type. The firm also provides accounts with higher minimums, such as $1,500 for 'STANDARD', $9,500 for 'ADVANCED', $50,000 for 'PROFESSIONAL', and $100,000 for 'EXCLUSIVE' tiers.

Two days ago
United States

Does SIMPLE WAY support MT4 or MT5?

Yes, according to its technical assessment, SIMPLE WAY supports MetaTrader 4 (MT4). This is reflected in a WikiFX software index score of 4.0. The MT4 platform is available across its listed account types, which all support features like Expert Advisors (EAs), scalping, and locking positions.

Two days ago
United States
View More
Write a review
Exposure
Exposure
Neutral
Neutral
Positive
Positive

Content you want to comment

Please enter...

Submit now
Write a comment
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com