LONDON, July 14, 2026, 09:26 BST
MoneySimpler launched a no-code cryptocurrency trading bot on Monday while its website listed short contracts with daily returns equal to 1.25% to 4% of principal — the original stake — and a refund of that stake. Markets Insider carried the announcement as a GlobeNewswire press release and said its editorial teams were not involved. The economics, rather than the coding-free interface, are the investor story.
| Listed strategy | Stake | Term | Daily return | Calculated daily rate | Total return |
|---|---|---|---|---|---|
| Basis Arbitrage | $100 | 2 days | $4.00 | 4.00% | $8.00 |
| Digital Asset Trend Following 2.0 | $500 | 5 days | $6.25 | 1.25% | $31.25 |
| Digital Asset Trend Following 2.05 | $1,000 | 10 days | $13.00 | 1.30% | $130.00 |
The percentage rates are simple calculations from MoneySimpler’s listed dollar returns, not independently verified trading results.
The launch lands in a rough market. Brent crude climbed 3.3% to $86.04 a barrel in European trade on Tuesday, while spot gold rose 0.8% to $4,031.43 after falling about 3% a day earlier. ANZ Group Holdings ASX:ANZ analyst Soni Kumari said continued disruption could keep oil in “the $85-$90 range”; for an automated product, moves like these test slippage — the gap between the price a model expects and the price it gets — as well as liquidity when markets jump. Reuters
MoneySimpler Chief Executive Intizar Hussain said the company wanted to make complex trading tools “as easy to use as mobile apps.” The same release says the platform is independently audited by PwC and insured by Lloyd’s, but it does not give an audit date or scope, identify the PwC member firm or who underwrites the Lloyd’s cover, state policy limits, or link to either document. MoneySimpler’s about page separately claims more than $2 billion in managed trading assets; the page gives no independent verification of that figure. GlobeNewswire
It was not a one-off. Between July 8 and July 13, three other launch-style items widened the pitch across stocks, foreign exchange and gold, often using similar language about passive income and daily settlement. The releases do not explain whether these are separate trading engines, asset modules on one system, or new packaging for the same product; openPR also labelled the stock-and-gold item third-party content and disclaimed responsibility for its accuracy.
| Release date | Announced product | Assets named | Retail proposition |
|---|---|---|---|
| July 8 | AI stock-trading bot | Stocks | $50 trial, $10 bonus, “Buy Contract,” daily credits |
| July 9 | AI passive-income bot | Stocks and foreign exchange | Automated execution and daily returns |
| July 13 | AI stock-and-gold bot | Stocks and gold | Regular settlement, with withdrawal or reinvestment |
The maths sharpens the comparison. The $100 contract lists an 8% return over two days, while the $1,000 contract lists 13% over 10 days. Repeating the 4% daily rate for a year without compounding would equal 1,460% — not a forecast, since that contract lasts only two days, but a scale check that makes net results after fees, worst-loss data and withdrawal records important.
Corporate filings add context, not confirmation. Companies House shows Money Links Ltd — the operator named on MoneySimpler’s site — is active, was incorporated in 2020 and has Hussain as its sole officer. Its latest accounts were filed under the micro-company format, a simplified reporting regime; client assets can sit outside a company’s balance sheet, so the filing neither disproves nor verifies the $2 billion figure.
Regulation is less clear from the public material: an FCA register download contains an entry for “Money Links Ltd” as a payment-services agent, while MoneySimpler calls itself a regulated UK cryptocurrency platform. The FCA says payment-services or electronic-money status alone is not enough to communicate or approve a crypto promotion, and even crypto registration is an anti-money-laundering requirement rather than an endorsement. Monday’s release gives no FCA reference number or the lawful promotion route being used; that omission does not by itself establish a breach. FCA Register
Large brokers are moving more cautiously. Interactive Brokers Group NASDAQ:IBKR executive David Friedland said platforms struggle to determine when clients are using AI agents, adding: “There is no doubt we will see more people using AI models to write their own codes for trading.” Futu Holdings NASDAQ:FUTU lets users build strategies using natural-language instructions but requires a trading password for final confirmation, Nikkei Asia reported. KrASIA
But the downside case is plain. A model can call the market direction correctly and still lose through slippage, thin liquidity or failure by a broker, exchange or asset custodian; insurance may exclude trading losses, while a systems audit may say little about investment returns. The FCA’s July AI review flagged opaque decisions, fraud and reduced consumer control, while its crypto rules require a 24-hour cooling-off period and personalised risk warnings for new retail customers.
That leaves a short disclosure list for investors: a dated audit report, the insurer and policy schedule, named execution and custody partners, net performance after fees, the largest historical loss and evidence on withdrawal times. Until those are public, the releases document product expansion, not a verified return record.
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