FAQ's

FAQ's

If you have a question that isn’t covered in our FAQ section, please email us with your query using the email below:

help@simplywealth.me

Frequently Asked Questions

Everything You Need to Know About Our Software and Services

  • Simply Wealth is a proprietary AI-driven software designed to optimize trading in the Foreign Exchange (Forex) market. Our software has been developed and tested rigorously to manage trades and mitigate risks through advanced strategies.

  • Our software employs multiple trading strategies, including scalp and swing trading, to manage long and short positions in major currency pairs. It uses the RSI (Relative Strength Index) indicator to identify market conditions and adapts its approach based on various factors such as trading sessions, liquidity, and historical data.

  • Yes, your investment is secure. Simply Wealth does not directly hold any client funds. All funds are securely held by our regulated brokerage partner, OX Securities, within their network of liquidity providers, including Barclays and UBS. This setup ensures your capital is ring-fenced from external risks.

  • Withdrawals are facilitated once per month after fees are deducted. If you need to access your funds urgently, a mid-month withdrawal can be arranged, provided there is sufficient equity to cover fees for the upcoming month. Please note that full withdrawals may not always be possible, depending on the current open trades, but partial withdrawals may still be available.

  • Returns vary based on market conditions and the strategies employed by our software. Historically, the software has delivered consistent growth, with returns documented on our website for previous years. However, it’s important to understand that past performance does not guarantee future results.

  • Our software operates autonomously with human intervention when necessary. We employ a team of hedge fund managers who monitor the software and market conditions 24/5. They are responsible for managing risk and making decisions on open positions to preserve equity during volatile market events.

  • Yes, our software trades in major currency pairs across various trading sessions (Asia, Europe, America) but does not trade in commodities like gold.

  • Clients are provided with a personalized portal where they can log in to view, track, and monitor their portfolios. This ensures transparency and allows you to stay updated on your investment performance.

  • Trading in the Forex market involves inherent risks, including market volatility and the potential for drawdowns. While our software is designed to mitigate these risks through various strategies and human oversight, it’s crucial to acknowledge that all investments carry some level of risk.

  • To get started, visit our website or contact us directly via email at info@simplywealth.me. Our team will guide you through the process of setting up your account with our partnered broker and connecting to our software.