Brokers  /  SimpleWealthinc.

SimpleWealthinc.

High riskForex / CFD broker
🇬🇧 United Kingdom · < 1 year · since 2026-01-16 · Simplewealth Inc
Unregulated
Visit site ↗
Independent ratingshow third parties score this broker
WikiFX1.11/10
Trustpilot/5
Forex Peace Army/5
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No sign that SimpleWealthinc. 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 6 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 nameSimplewealth Inc
Headquarters🇬🇧 United Kingdom
Founded2026-01-16
Years operating< 1 year
Employees0
Official websitesimplewealthinc.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
11 GRACE AVENUE, STE 108 GREAT NECK, NEW YORK, 11021 USA

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 1

AccountMax leverageMin. depositMin. spreadCommissionEA
BEGINNER--$100----

Review analysis AI

SimpleWealthinc presents itself as a retail CFD broker with a wide product range and low entry barrier, but operates without any verifiable regulatory licence. The discrepancy between its UK registration and US address, combined with its very recent founding date, raises serious due-diligence concerns. Traders should consider the elevated risk posed by the lack of investor protection and transparency.

Best for
  • Traders seeking a low minimum deposit of $100
  • Those willing to trade with an unregulated broker
  • Beginners looking for a simple multi-device platform
Not for
  • Traders requiring regulatory protection
  • Those who prefer well-established brokers with transparent conditions
  • Investors in jurisdictions with strict licensing requirements
Period:

Real user reviews

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What SimpleWealthinc. says about itself as stated by the broker · not independently verified by FXCanary

Overview

Simplewealth Inc presents itself as an innovative trading platform that allows clients to trade global markets with confidence. According to its website, the firm provides access to advanced trading tools for Forex, Cryptocurrencies, Commodities, Indices, and more. It emphasises competitive spreads and lightning-fast execution, and claims to be regulated, secure, and professional.

Platform Features

The broker states that its platform features include Lightning Fast Execution with ultra-low latency trading, Advanced Risk Management, Real-Time Analytics, and Live market data and charts. It asserts that everything needed for successful trading is provided, positioning the platform as suitable for both beginners and professionals.

Company Values

On its About page, Simplewealth Inc outlines its mission to become the world's most trusted trading platform through innovation, security, and exceptional service. It lists core values: Client Focus (over 100 account managers dedicated to client needs), Simplicity (easy-to-use platform available on Web, Windows, MacOS, iPhone, iPad, and Android), Speed (cutting-edge technology for fastest trading with no delays), and Reliability (extra solidity as an industry leader).

About SimpleWealthinc.

About the Broker

SimpleWealthinc operates under the trading name Simplewealth Inc and is presented as an online CFD broker catering to retail traders. The firm was founded on 16 January 2026 and is registered in the United Kingdom, though its registered address is given as 11 Grace Avenue, Suite 108, Great Neck, New York, 11021, USA. This cross-jurisdictional structure may raise questions for potential clients.

The broker’s website describes a mission to make trading accessible to everybody, positioning itself as a modern platform for global markets. However, as of the time of this profile, the firm is relatively new and lacks a track record in the industry.

Regulation and Licensing

SimpleWealthinc does not hold any regulatory licence from a recognised financial authority. The broker’s own website includes a statement claiming it is “Regulated • Secure • Professional,” but no specific licence number or regulator name is provided. This contradiction between the marketing claim and the absence of verifiable registration is a significant concern for traders.

For traders accustomed to the protections offered by regulated brokers—such as negative balance protection, segregated client funds, and access to dispute resolution—the lack of oversight here should be weighed carefully.

Account Types and Trading Conditions

SimpleWealthinc offers at least one account type, labelled as “BEGINNER,” with a minimum deposit requirement of $100. The maximum leverage for this account is not specified on the broker’s site or in public records. This low entry barrier is typical for brokers targeting new traders, but the absence of detailed trading conditions, such as spreads or commissions, makes it difficult to assess cost competitiveness.

It is unclear whether the broker offers additional account tiers for more experienced or higher-volume traders. The lack of transparent information on leverage, margin requirements, and funding options adds to the overall opaqueness of the offering.

Platform and Instruments

According to the official website, SimpleWealthinc provides a proprietary trading platform accessible via Web, Windows, MacOS, iPhone, iPad, and Android. The platform claims to offer lightning-fast execution, real-time analytics, and live market data. No third-party platforms like MetaTrader 4/5 are mentioned, which may be a drawback for traders accustomed to these industry standards.

The broker lists instruments across multiple asset classes: Forex, Cryptocurrencies, Commodities, and Indices. These are offered as CFDs (Contracts for Difference), which are leveraged products. The range is standard for a CFD broker, but the absence of specific instrument names or number of available symbols limits the ability to evaluate market coverage.

Geographic Presence and Client Service

SimpleWealthinc’s claimed registration in the United Kingdom, coupled with a physical address in New York, suggests an attempt to project an international image. However, neither jurisdiction appears to involve a regulated entity. The website mentions “over 100 account managers” and a focus on client service, but no contact details beyond an email form are readily visible.

The broker does not specify which countries it accepts clients from. Given the lack of regulation, traders in the UK, EU, or other regulated markets may find that this broker does not comply with local regulatory requirements. It is advisable to verify whether the broker is permitted to operate in your jurisdiction before depositing funds.

Target Audience

SimpleWealthinc markets itself as suitable for everybody, from beginners to experienced traders. The low $100 minimum deposit for the Beginner account is designed to attract novice traders, while the platform's features are promoted as adequate for professionals. The broker’s broad appeal is undercut by the absence of regulatory oversight, making it a speculative choice for any trader.

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