SupremeFX Review 2025: Regulatory Status, License Check, and User Complaints

Offshore Regulation vs. Client Safety

SupremeFX is an online forex and CFD brokerage operating under the corporate entity Sun Capital Markets Ltd. While the broker is not an unregulated platform, its reliance on an offshore regulatory framework presents specific considerations for retail investors. This detailed evaluation examines whether the current license provides sufficient protection or if the structure leaves traders vulnerable to the risks often reported by dissatisfied clients, including allegations of scam tactics.

Regulatory Analysis: The Seychelles FSA License

The cornerstone of SupremeFX's legitimacy is its regulation by the Seychelles Financial Services Authority (FSA)under license number SD145.

• The Reality of Offshore Regulation: While the FSA is a legitimate regulatory body, it is considered a Tier-3 regulator compared to top-tier authorities like the FCA (UK) or ASIC (Australia). Offshore regulations generally have looser requirements regarding capital adequacy and client fund segregation.
• The Risk: For retail traders, this means that while SupremeFX is a registered entity, protections such as negative balance protection or a compensation fund in case of insolvency may not be guaranteed. As noted in the WikiFX risk alert, investors should “be aware of the risk” inherent in offshore jurisdictions.

User Exposure: Allegations of Profit Removal

Despite holding a license, the “Exposure” section on WikiFX reveals disturbing patterns of behavior that are often associated with high-risk brokers. The most severe complaints revolve around the arbitrary cancellation of profits.

Case 1: The $7,000 Profit Confiscation

A verified trader going by the name “Mr. Rolex” detailed a distressing scenario where the broker allegedly deleted approximately $7,263 in realized profits. According to the report, SupremeFX returned only the initial $1,100 deposit, citing “PayPal fraudulent activity” and “scalping” violations (specifically trades under 120 seconds) as justification. However, the user contends that the broker failed to point to any specific clause in the Client Agreement authorizing such confiscation, leading them to escalate the matter to the Seychelles FSA for investigation.

Case 2: Trading Interference and Slippage

A similar grievance was filed by another investor who claimed the broker illegally removed roughly 13,000 CNY in profits. Beyond the financial dispute, this user described the trading environment as unstable, citing frequent spread changes and sudden slippage that made execution difficult. The situation worsened when the broker allegedly disabled the “one-click trading” feature, effectively handicapping the traders ability to manage positions in real-time.

WikiFX Final Verdict

SupremeFX presents a classic “Offshore Broker” dilemma. It possesses a valid license from the Seychelles FSA, which separates it from completely unregulated scams. However, the regulatory protection is limited. The accumulation of serious complaints regarding the confiscation of realized profits and trading interference suggests that the broker may prioritize its own risk management over client fairness. For traders, the risk of having profits deleted due to vague “scalping” or “fraud” accusations is a significant red flag. We recommend exercising extreme caution and considering brokers with Tier-1 regulation for better security.