Warning: Is SimpleEx Auto Trade a Scam?

Unregulated

⚠️ SimpleEx Auto Trade has been reported by the Financial Conduct Authority (United Kingdom).

Be careful of SimpleEx Auto Trade (simpleexautotrade.com); it displays several indicators of a scam. It appears to be unlicensed.

Review: SimpleEx Auto Trade (simpleexautotrade.com)

Be cautious of SimpleEx Auto Trade (simpleexautotrade.com); it displays multiple characteristics of a fraudulent scheme.

We found that the phone number is 19492139522, and the support email is info@simpleexautotrade.com.

SimpleEx Auto Trade presents itself as a trading firm, but it appears currently illegal by any top-tier authority.

Victim of SimpleEx Auto Trade?

If SimpleEx Auto Trade refuses to release your capital, time is critical. Submit the form below to talk to our cyber-forensics team for a free consultation.

Safety Analysis: SimpleEx Auto Trade

The biggest red flag is that SimpleEx Auto Trade (simpleexautotrade.com) has no license to operate.

Trading with unlicensed brokers is highly dangerous. Trusted firms are always licensed with agencies like the FINRA or FCA for your protection.

SimpleEx Auto Trade lacks this supervision. As a result, there is no safety net if they keep your money. Many investment fraud involve unregulated entities, and recovering funds from them is challenging without expert help.

For instance, in Europe, unauthorized firms are not covered by the Financial Ombudsman. In America, they are not members of SIPC, so your money is at risk.

Common Scam Tactics

Online trading fraud is evolving. Fraudsters use social engineering to take your savings. Below are common tactics used by brokers like SimpleEx Auto Trade (simpleexautotrade.com).

Dating App Scams

The "Romance Scam" is a brutal method where scammers build trust over weeks. They fake a relationship on social media. Eventually, they mention a special investment. It is a lie to get you onto a scam site like SimpleEx Auto Trade.

Rigged Platforms

Scammers create websites that mimic real trading apps. You see graphs and balances that increase. But it is a game. The broker manipulates the prices to make you feel rich to deposit more. When you try to withdraw, the "profits" disappear.

Other Warning Signs

  • Unsolicited Contact: They call you from "brokers" you don't know.
  • No License: The firm has no legal registration.
  • Guaranteed Profits: They promise huge profits with no risk.
  • Cannot Withdraw: You cannot get your money out. They ask for "tax fees" first.
  • Pressure Tactics: Agents push you to invest bigger amounts.

Do not trust fake reviews. Scammers often post their own positive reviews to look legitimate.

Final Thoughts

Our verdict is to avoid SimpleEx Auto Trade. It is likely a fraud. Protect your money and use a licensed broker. Avoid simpleexautotrade.com at all costs.