How to Get Your Funds Back From Broker Simply Bit
More and more users have a negative experience with the company Simply Bit pointing out the signs of fraud. To return the lost funds, you can use the refund algorithm, using the instructions.
Money access recovery
Successful transfers
Average refund timeframe
Common Fraud Tactics SimplyBit
Broker Simply Bit Is Capable of Using Various Manipulations and Pressure Tactics Against Its Clients
Trading platform manipulation
Some brokers interfere in the trading process on purpose: they distort quotes, limit terminal functions and prevent proper trading.
Withdrawal requests ignoring
Withdrawal of funds may be blocked – either under the pretext of confusing contract terms or without any explanation at all.
Account Zeroing
Fraud companies can completely debit an account by running unprofitable algorithms, issuing incorrect signals or simply stealing money.
Pushed to Deposit More
Under the promise of high profits brokers refuse to withdraw funds and force to increase the client’s deposit..
Imposing extra fees
Under the guise of ‘taxes’, ‘insurance’ or ‘regulatory fees’, non-existent charges are imposed to be paid.
Account blocking
When trying to return funds, users may face account lockouts, verification denials and allegations of rule violations.
Still Working with a Scam Broker Simply Bit?
Don’t waste your time – initiate a refund. There are enough facts collected already, indicating signs of deception on the part of Simply Bit.
About Simply Bit
Simply Bit is a trading company that lists office locations in London and Zurich, though it does not appear in the registers of the UK’s FCA or Switzerland’s FINMA. On 14 April 2025, the British Columbia Securities Commission issued a public notice stating that the company had been offering investment services in Canada without registration.
The firm supports deposits through cards, wire transfers and digital payment services like QIWI, WebMoney, and Bitcoin. To withdraw funds, users may be asked to verify their identity, especially if promotional credit was used. Standard checks include ID and proof of address as part of internal compliance routines.
Key facts about Simply Bit:
Not authorised by UK or Swiss financial regulators.
Accepts crypto and traditional payment methods.
Requires document checks for withdrawals.
Customer service is available via email, contact forms, and assigned managers. The company runs its operations through simplybit.ai and client.simplybit.ai.
- Official company name
- Simply Bit
- Alternative company name
- SimplyBit
- Websites
- https://simplybit.ai
- support@simplybit.ai
- Phone number
- +111 111 111 111
- Head office address
- Goethestrasse 18, 8001 Zürich, Switzerland
The Next Guideline Can Be Used Against Fraudsters
Information support
Providing access to up-to-date payment system rules and regulatory documentation.
Expert consultations
Specialists survey, analyse the situation and relate it to similar cases from practice.
Recommendations
Ready-to-use document templates and checklists in PDF format for immediate use.
Effectiveness
By following the step-by-step instructions, it is possible to recover all or part of the funds.
Refund Solutions That Actually Work
Bank challenge mechanism
The bank may initiate a procedure for compulsory debiting of the beneficiary company’s account.
Fast terms of the withdrawal
According to our data, it usually takes 14 to 30 days to recover funds.
Method universality
The procedure is available for clients of any bank, regardless of the payment card used.
High probability of success
Money can be refunded in 97% of cases if the last transaction was made not more than 30 days ago.
These Companies Have Active or Successful Chargeback Cases from Users
Get Personalised Instructions on How to Get Money Back From SimplyBit
Describe the situation in details: whether the account is blocked, whether the balance has been zeroed, how much money should be refunded and how long the withdrawal has been difficult.
The more details are provided, the faster the specialists will be able to prepare a suitable algorithm of actions.