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Supreme Forex Trade Company

  

Supreme Forex Trade Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Supreme Forex Trade Company is a forex broker that has reportedly been operational for approximately 2 to 5 years. However, specific founding dates and detailed background information about its inception remain unclear due to the lack of accessible information.

  

Parent Company/Ownership Structure

  The ownership structure of Supreme Forex Trade Company is not explicitly detailed in available resources. There is a potential confusion between this entity and other companies with similar names, which may lead to misinterpretation regarding its parent company.

  

Headquarters Location

  Supreme Forex Trade is registered in the United States, with its operational address listed as 5895 W. Olympic Blvd, Los Angeles, CA 90036. However, the credibility of this address is questionable given the overall lack of transparency surrounding the company.

  

Global Business Scope

  The company primarily focuses on forex trading, but it claims to offer various investment plans. However, the exact global business scope and reach of Supreme Forex Trade remain ambiguous, particularly due to the inaccessibility of its official website.

  

Main Regulatory Bodies

  Supreme Forex Trade operates without any valid regulatory licenses. It has been classified with a regulatory index of 0.00, indicating a significant lack of oversight. This absence of regulation raises serious concerns about the company's operational legitimacy and the safety of client funds.

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2. Company History and Development

  

Key Milestones

  • Operational Years: Supreme Forex Trade has been in operation for approximately 2 to 5 years.
  • Regulatory Status: The company has consistently been reported as unregulated, which is a critical milestone in its operational history.

  

Business Expansion Journey

  There is limited information regarding the company's expansion journey. The lack of accessible data makes it difficult to ascertain how the company has grown or adapted to market changes over the years.

  

Customer Base Growth

  The customer base of Supreme Forex Trade is difficult to quantify due to the absence of specific metrics. However, negative reviews and complaints suggest that many users have had poor experiences with the platform, potentially hindering growth.

  

Platform Development History

  No detailed information is available regarding the development of the trading platform or any technological advancements made by Supreme Forex Trade.

  

Important Awards or Recognitions Received

  There are no known awards or recognitions attributed to Supreme Forex Trade, further emphasizing its obscure presence in the competitive forex market.

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3. Trading Services Offered

  

Forex Trading Options

  Supreme Forex Trade claims to provide forex trading services, although specific details about the number of currency pairs offered remain undisclosed. The company has investment plans with varying minimum deposit requirements, starting at $300.

  

Stock Trading Options

  No information is available regarding stock trading options provided by Supreme Forex Trade, indicating a potential limitation in its trading services.

  

CFD Trading Products

  The company's offerings in Contracts for Difference (CFDs) are not explicitly mentioned, suggesting that this may not be a primary focus of its trading services.

  

Other Financial Instruments

  Supreme Forex Trade appears to primarily focus on forex trading, and information regarding other financial instruments such as cryptocurrencies or commodities is not readily available. This limitation may affect its appeal to a broader range of investors.

  

Special Services or Unique Advantages

  The company promotes various investment plans (mini, silver, gold, and platinum), but the unique advantages of these plans are not clearly defined, leading to potential confusion among prospective clients.

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Detailed Regulatory Information

  Supreme Forex Trade operates without any valid regulatory licenses, making it a high-risk option for traders. The absence of regulatory oversight is a significant red flag for potential clients.

  

  The legal entity structure of Supreme Forex Trade is not well-documented, and the lack of regulatory information further complicates understanding its operational framework.

  

Client Fund Protection Measures

  Due to the absence of regulation, there are no known client fund protection measures in place. This lack of safeguards heightens the risk for clients considering investing with the company.

  

Countries/Regions Served

  While the company is registered in the United States, its specific operational reach into other countries or regions is unclear, particularly due to the inaccessibility of its online platform.

  

Compliance History

  There is no available information regarding the compliance history of Supreme Forex Trade, which raises concerns about its operational integrity.

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5. Competitive Landscape

  

3-5 Main Competitors

  Supreme Forex Trade faces competition from several established forex brokers, including:

  • Forex.com: A well-regulated broker with a wide range of trading options.
  • OANDA: Known for its robust trading platform and regulatory compliance.
  • IG Group: Offers a variety of financial instruments and is highly regulated.

  

Positioning in the Industry

  Supreme Forex Trade's positioning in the industry is weak due to its lack of regulation, negative reviews, and limited service offerings. This places it at a disadvantage compared to more established and reputable brokers.

  

Market Differentiation Factors

  The primary differentiation factor for Supreme Forex Trade appears to be its tiered investment plans. However, the lack of regulatory oversight and poor customer feedback significantly undermines any potential competitive advantages.

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Conclusion

  In summary, Supreme Forex Trade Company lacks the regulatory backing and transparency that are essential for fostering trust among traders. Its limited service offerings and negative customer experiences further complicate its standing in the competitive forex market. Prospective clients are strongly advised to conduct thorough research and consider the risks before engaging with this broker.

  For more information on forex trading and to explore better options, learn more.

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