FINANCE WITH SIMPLEX has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Several red flags with FINANCE WITH SIMPLEX: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
FINANCE WITH SIMPLEX seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Fast execution|Customizable dashboard|Smooth onboarding
Cons: Limited ETF selection|Live chat only during business hours
I referred a friend to FINANCE WITH SIMPLEX through a forum discussion. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Competitive fees|Regular platform improvements
Cons: Some tools only available on higher tiers|Spreads widen during volatile periods
My withdrawal request from FINANCE WITH SIMPLEX has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Risk management tools|Fast execution
Cons: No phone support on weekends
Tried to withdraw my funds from FINANCE WITH SIMPLEX and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
I had a dispute with FINANCE WITH SIMPLEX and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Multi-currency support|Easy to use platform|Personal attention
Cons: Nothing significant