Is Simplefx trustworthy?

https://simplefx.com/about/    

SimpleFX is not a regulated or licensed broker for traders even though it states offers that look good to be true. SimpleFX claims it is a trading name of SimpleFX Ltd, a company regulated by the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with company number 22361. We indeed find a match result to SimpleFX in SVG FSA.

Regarding the SVG FSA, we'd like to remind traders that SVG FSA does neither issue licenses for forex trading nor regulate international companies and brokers engaging in forex activities.

We keep on reminding traders to be wary of offshore brokers in SVG FSA as they don't provide any funds protection as well as withdrawals guarantee. If you are looking for brokers to deal with, we would recommend brokers regulated by top-tier regulators like FCA, CySEC, ASIC, etc.