Simpson Venture Limited has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: ABC Centre 500 North Michigan Ave 300 Chicago USA This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.svltd.com.
The platform itself is okay, but the customer service at Simpson Venture Limited is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Multiple order types|Wide product range|Fast execution
Cons: Onboarding videos are outdated|Inactivity fee applies after 12 months
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Simpson Venture Limited said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Quick verification|Copy trading available|Two-factor authentication|Responsive team
Cons: Live chat only during business hours|Limited ETF selection