Score

1.44 /10
Danger

Supreme Forex Trade

United States

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

Quantity 3

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.48

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Supreme Forex Trade

Company Abbreviation

Supreme Forex Trade

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
Supreme Forex Trade · Company summary
Registered Country United States
Regulation No License
Incorporated Years 2- 5 Years
Minimum Spreads Not specified
Maximum Leverage Not specified
Account Types Mini, Silver, Gold, and Platinum
Minimum Deposit $300
Trading Platform N/A
Trading assets Forex
Customer support Email: support@supremeforextrade.com

Note: For some unknown reason, we cannot open Supreme Forex Trades official site (https://supremeforextrade.com/index.php) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.

General Information & Regulation

Supreme Forex Trade is allegedly a forex broker registered in the United States that claims to provide its clients with a choice of four different investment plans.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, minimum deposit, etc.

As for regulation, it has been verified that Supreme Forex Trade does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.28/10. Please be aware of the risk.

General Information & Regulation

Negative Reviews

Some traders shared their terrible trading experience on the Supreme Forex Trade platform at WikiFX. They said this platform is a scam and unable to withdraw. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.

Negative Reviews

Market Instruments

Supreme Forex Trade is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.

Investment Plans

Supreme Forex Trade claims to offer four investment plans, namely Mini Plan, Silver Plan, Gold Plan and Platinum Plan. The minimum initial deposit amount is $300 for the Mini Plan, while the other three investment plans have much higher minimum initial capital requirements of $1,000, $2,000 and $5,000 respectively.

Customer Support

Supreme Forex Trades customer support can be reached by email: support@supremeforextrade.com. Company address: 5895 W. Olympic Blvd. Los Angeles, CA 90036.

Pros & Cons

Pros Cons
None No regulation
Inaccessible official website
Lacking for essential information
Poor customer support
Lots of negative reviews

Frequently Asked Questions

Is Supreme Forex Regulated?

No, Supreme Forex is not regulated.

What is the minimum deposit to get started with Supreme Forex?

The minimum deposit to get started with Supreme Forex is $300 for the Mini Plan.

How can I contact Supreme Forex?

Supreme Forex can only be reached through email.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

User Reviews

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User comment

3

Comments

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cxy38715
more than one year
So many negative reviews about Supreme Forex Trade. Could all these traders here be lying? It's very discouraging to have multiple negative reviews about a broker. Unfortunately, I will not be investing so I'm out.
So many negative reviews about Supreme Forex Trade. Could all these traders here be lying? It's very discouraging to have multiple negative reviews about a broker. Unfortunately, I will not be investing so I'm out.
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2023-02-21 12:22
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FX1200298532
more than one year
After giving them 300 to start with they phoned regularly with updates. The account seemed to be going well. They **** looking for more money "so we could start making **** money", * fell for it and deposited 1000 into the account. After a few weeks, the account was up to 3000, * looked to withdraw 2000. It's a scam. ** this review stops one person from being scammed like * was *'ll be happy.
After giving them 300 to start with they phoned regularly with updates. The account seemed to be going well. They **** looking for more money "so we could start making **** money", * fell for it and deposited 1000 into the account. After a few weeks, the account was up to 3000, * looked to withdraw 2000. It's a scam. ** this review stops one person from being scammed like * was *'ll be happy.
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2023-02-14 14:13
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