Supreme FX Trading Review – Offshore Regulations As a Key SIgn

Supreme FX Trading investment firm is operated by two entities. Surprisingly, from two different countries. The main one is Seychelles and the secondary is Saint Vincent and the Grenadines.

But hold on a second. Don’t overthink because the company might have some extraordinary features. Not every offshore firm is necessarily bad. If you can trust this one, find out further in this unbiased Supreme FX Trading review.

Broker status:	Regulated / Offshore  broker
Regulated by:	FSA Seychelles
Operating Status:	Active offshore trading company
Known Websites:	Supremefxtrading.com
Blacklisted by:	N/A
Owner:	Sun Capital Markets Ltd. / Supreme FX LLC
Headquarters Country:	Seychelles / Saint Vincent and Grenadines
Foundation Year:	2023
Online Trading Platforms:	MT5
Mobile Trading:	Available
Minimum Deposit:	$200
Deposit Bonus:	30% bonus available up to $300 maximum
CFD Trading Option:	Yes
Crypto Asset Trading:	Yes – BTC, XRM, DOT
Available Trading Instruments:	Forex, Commodities, Indices, Crypto, Shares
Maximum Leverage:	1:500
Islamic Account:	Not available
Free Demo Account:	Yes
Accepts US clients:	US clients are not accepted
Global Fraud Protection Experts’ Verdict:	Even though they are regulated, the company doesn’t have Tier 1 regulations and potential issues are possible. If you experience any irregularities, feel free to book a consultation with our refund experts.

Is Supreme FX Trading  Legit?

In fact, this company’s ownership is listed in the FSA (Seychelles) register of regulated entities. Yet, without funds protection features become irrelevant. Some of the key features available with top-tier regulated companies are:

• Negative balance protection
• Guaranteed stop-loss
• Segregated bank accounts for deposits
• Compensation schemes

Since Supreme FX Trading is not licensed by FCA, ASIC or BaFin, you can’t enjoy the mentioned benefits. After all, there are reviews pointing out exactly those issues.

Traders Experience

In general, the user-experience reviews on Trustpilot are positive, even though you can only find 14 comments at the moment. However, 15% of those contain disturbing findings. If those are real or not, it’s up to you to decide.

In any case, you need to be aware of the risk. Luckily, our readers very quickly learn about all the refund methods. If anything happens, they can quickly apply with us for a recovery.

How Does Supreme FX Trading  Work?

It seems that this brokerage is operating without any commissions. So, the only profit they are gaining is coming from spreads. Generally speaking, there could be two options. Either the company has extremely high spreads or they will charge you something extra later.

In any case, it’s not good, especially if you compare it with the conditions of TopFX brokerage. Another potential issue could be withdrawals. But let us know if you have any problems with it.

Who Are Supreme FX Trading  Clients?

Bear in mind that this investment firm is quite young. They are not even a year into the business. We are always hoping that new companies are learning what traders are looking for, which is security and transparency. Yet somehow, many of those fail to deliver.

Anyway, most of the company’s clients are coming from:

• India
• South Africa
• United Arab Emirates
• United States
• United Kingdom

We encourage you to help other traders hear about your experience with this company. Leave a comment below or contact us directly for in-depth consultation.

What Are Trading Platforms Available?

On the positive side, the company offers highly reputable MetaTrader 5. With all of its advanced features, you can’t make a mistake choosing this software.

A few leading advantages are high execution speeds, Expert Advisor features and copy trading. All this would be far more attractive if the company had a top-tier license. Especially since their services are offered in the UK, which requires FCA regulation.

Is the Supreme FX Trading  Mobile Trading App Available?

In fact, the company doesn’t provide a download option for the software. Yet, it can be found on PlayStore and AppStore. We always remind traders to download software only from trusted platforms.

What Financial Instruments Does The Platform Include?

A wide range of tradeable instruments could be found with this brokerage. But if it’s going to cost you heavily, then it’s irrelevant. Anyway, you can trade with:

• Forex – USD/GBP, EUR/HUF
• Commodities – natural gas, platinum
• Shares – Amazon, Pfizer
• Cryptos – BTC, ETH
• Indices – DAX30, S&P500

Account Types On Offer

The account types mainly differ in spreads, minimum deposit and leverage. All the accounts are offering zero commission benefits. Therefore, no need for an Islamic account. The choices with minimum deposit requirements are:

• Standard – $200
• Advanced – $1.000
• PRO – $2.500

Can a Trader Use a Supreme FX Trading  Demo Account?

On the positive side, yes. You can create a demo account and test the company’s services with virtual funds. Unfortunately, the company doesn’t have a micro account. Generally, something that is also useful.

Fees, Leverage and Commission

The leverage offered by the company is up to 1:500. Keep in mind that many top regulations allow a maximum of up to 1:50. Therefore, check with your domestic authorities if you should continue with this broker.

Starting spreads for basic accounts are 1.2 pips. Other fees and commissions are not revealed. But check our TMGM review to see how it should be done.

Is Welcome Bonus Available?

The company offers a 30% welcome bonus. The maximum amount is $300. In such cases, the stop-out level becomes 45%, which is not something that you want on your account. Also, bonuses are not withdrawable.

Is Supreme FX Trading  Withdrawal Possible?

Generally, due to regulatory status withdrawals should be possible. Yet, some traders claim to experience some issues. In any case, withdrawal processing time goes up to 72 hours. It depends on the amount you are withdrawing. Also, the fees are fixed at $20 for transactions over $5K.

What Should I Do If I Have a Supreme FX Trading Problem?

In the first place, contact their regulator. If you can’t find a solution there, the best thing you can do is to apply for a chargeback. However, if you were using their e-wallet payment method, you may need other tools.

Such as Fusion Forensics Limited to track the transfer and apply for a refund. Luckily, our team is there to guide you step-by-step if needed. Get in touch for assistance!