Warning: Is Simple Trade Cryptos a Scam?

Simple Trade Cryptos (simpletradecryptos.com) - Legit or Fraud?

Simple Trade Cryptos (simpletradecryptos.com) has been identified as a suspected scam operation.

We found that the phone number is '+2333444555, and the support email is support@simpletradecryptos.com.

Simple Trade Cryptos claims to be a investment provider, but it is currently unregulated by any credible commission, like the ASIC or CySEC.

Victim of Simple Trade Cryptos?

If you think you were tricked by Simple Trade Cryptos, act now. Submit the inquiry below to speak with our recovery team for a complimentary case evaluation.

Safety Analysis: Simple Trade Cryptos

The most alarming sign is that Simple Trade Cryptos (simpletradecryptos.com) lacks regulation to operate.

Trading with unregulated brokers is highly risky. Real firms are must be licensed with bodies like the FINRA or FCA to ensure consumer safety.

Simple Trade Cryptos lacks this supervision. As a result, there is no protection if they steal your funds. Many investment fraud use unregulated actors, and getting back money from them is hard without expert help.

For instance, in the UK, unlicensed firms are outside the jurisdiction of the compensation schemes. In America, they are not members of SIPC, so your money is at risk.

How They Steal Money

Investment fraud is evolving. Scammers use psychological tricks to steal wealth. Here are common tactics seen in brokers like Simple Trade Cryptos (simpletradecryptos.com).

Dating App Scams

The "Romance Scam" is a common tactic where scammers build trust over weeks. They build a friendship online. Once trust is built, they mention a special crypto opportunity. It's a trap to get you onto a fake platform .

Rigged Platforms

Scammers build websites that mimic legit trading apps. You see graphs and profits that go up. But it is a simulation. The scammer controls the numbers to make you feel rich to deposit more. When you try to withdraw, the "profits" are gone.

Red Flags

• Unsolicited Contact: They call you from "brokers" out of the blue.
• Unregulated: The firm lacks authorization.
• Guaranteed Profits: They guarantee huge profits or risk-free trades.
• Cannot Withdraw: You cannot get your money out. They demand "tax fees" before releasing funds.
• Pressure Tactics: Agents pressure you to invest bigger amounts.

Ignore fake reviews. Scammers often post their own positive comments to look legitimate.

Conclusion

Simple Trade Cryptos is not trusted. It is likely a scam. Save your funds and use a licensed broker. Avoid simpletradecryptos.com at all costs.