Warning: Is Simplex Crypto Farming a Scam?

Review: Simplex Crypto Farming (simplecryptfarming.com)

Simplex Crypto Farming (simplecryptfarming.com) has been flagged as a probable fraud operation.

We found that it is located at 76 Commercial St, Edinburgh, Midlothian, United Kingdom, EH6 6LX, and the support email is support@simplecryptfarming.com.

Simplex Crypto Farming claims to be a investment provider, but it appears illegal by any major commission, such as the FCA or SEC.

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Is Simplex Crypto Farming Legit?

The major issue is that Simplex Crypto Farming (simplecryptfarming.com) lacks regulation from a credible authority.

Investing with unregulated brokers is very unsafe. Legitimate firms are always authorized with agencies like the SEC, ASIC, or FCA for your protection.

Simplex Crypto Farming operates without this supervision. As a result, there is no legal recourse if they keep your money. Many online scams involve unregulated actors, and getting back funds from them is challenging without professional assistance.

For example, in Europe, unlicensed firms are not covered by the compensation schemes. In the US, they are not members of regulatory bodies, meaning your capital is completely exposed.

Warning Signs of Simplex Crypto Farming

Investment fraud is getting smarter. Fraudsters use psychological tricks to take wealth. Below are typical tactics used by brokers like Simplex Crypto Farming (simplecryptfarming.com).

Pig Butchering & Romance Scams

The "Romance Scam" is a brutal method where scammers build trust over weeks. They build a friendship online. Once trust is built, they mention a "lucrative" investment. It's a trap to get you onto a fake platform like Simplex Crypto Farming.

Rigged Platforms

Fraudsters build websites that look exactly like legit trading apps. You see graphs and profits that go up. But it is a fake. The broker manipulates the numbers to convince you to deposit more. When you try to withdraw, the "profits" are gone.

Other Warning Signs

• Cold Calling: You get calls from "brokers" you don't know.
• No License: The company has no authorization.
• High Returns: They promise 1% daily returns or risk-free trades.
• Withdrawal Issues: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Pressure Tactics: Agents push you to deposit more.

Ignore fake reviews. Scammers frequently write their own positive reviews to look legitimate.

Verdict

We do not recommend Simplex Crypto Farming. It appears to be a scam. Protect your money and find a regulated broker. Avoid simplecryptfarming.com at all costs.