Brokers  /  SIMARTEX

SIMARTEX

High risk
🇬🇧 United Kingdom · < 1 year · since 2026-02-24 · SIMARTEX
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
Visit site ↗
Independent ratingshow third parties score this broker
WikiFX1.08/10
Trustpilot/5
Forex Peace Army/5
🛡️ Been scammed or can’t withdraw from SIMARTEX? Our free assistant writes up your case and shows exactly what to do next →
🇺🇸
No sign that SIMARTEX actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
57
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 5 months old
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age9215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameSIMARTEX
Headquarters🇬🇧 United Kingdom
Founded2026-02-24
Years operating< 1 year
Employees0
Official websitesimartex.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
3rd Floor, Central Square, 29 Wellington Street, Leeds, LS1 4DL, UNITED KINGDOM

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

SIMARTEX is a recently incorporated UK company with no disclosed regulatory authorisations. The absence of regulatory oversight and limited public information present a significant risk for potential clients.

Best for
  • Not applicable due to lack of information
Not for
  • Risk-averse traders
  • Traders requiring regulatory protection
  • Anyone seeking a transparent broker
Period:

Real user reviews

Similar brokers

About SIMARTEX

Overview

SIMARTEX is a company registered in the United Kingdom, with its registered address at 3rd Floor, Central Square, 29 Wellington Street, Leeds, LS1 4DL. According to public records, the firm was established on February 24, 2026. As of the time of this review, SIMARTEX does not hold any regulatory licences from the Financial Conduct Authority (FCA) or any other recognised financial regulator.

The broker’s official domain is simartex.com. However, due to the lack of independent information and the company’s very recent incorporation, there is limited verifiable data on the services it provides. This overview is based solely on the known facts from regulatory registries and the company’s own registration details.

Regulation and Licensing

SIMARTEX has no regulatory authorisations on file. The company is registered as a private limited company in the UK, but this registration does not grant it any licence to offer financial services such as forex trading or CFD brokerage. Without oversight from a recognised authority such as the FCA, clients have no access to compensation schemes or dispute resolution mechanisms.

Traders should be aware that dealing with an unregulated entity carries elevated risks. The absence of regulatory scrutiny means there are no minimum capital requirements, client money segregation rules, or conduct of business standards that the broker is legally obliged to follow.

Company Background

The company was incorporated on 24 February 2026, making it a newly established entity. Its registered address is in Leeds, United Kingdom. The directors and ultimate beneficial owners are not publicly disclosed in the known facts. The lack of operational history means there is no track record for traders to evaluate the broker’s reliability or service quality.

Given the limited information, it is not possible to confirm whether SIMARTEX is actively offering trading services to retail clients. The company may be in an early stage of development or may have a different business model altogether.

Account Types and Trading Conditions

There are no known account types, trading platforms, or instruments offered by SIMARTEX based on the available facts. The company’s official website was not accessible for review, and no marketing materials or product disclosures were found. As such, details regarding spreads, leverage, minimum deposits, and supported asset classes remain unknown.

Potential clients should exercise extreme caution if approached by this firm. Without transparent trading conditions and regulatory oversight, it is impossible to assess the suitability or legitimacy of any offerings.

Risk Considerations

The FXCanary Scam Risk Score for SIMARTEX is 57 out of 100, indicating an elevated risk profile. This score reflects the complete lack of regulatory authorisation, the company's recent establishment, and the absence of user reviews or independent information. Such factors are commonly associated with high-risk or potentially fraudulent operations.

Traders are strongly advised to avoid engaging with unregulated brokers. The lack of recourse in the event of disputes, together with the possibility of sudden closure or withdrawal restrictions, makes this broker unsuitable for risk-averse individuals.

Overview compiled by FXCanary from regulatory records and public data. full SIMARTEX review