Supreme FX 2025 Review: Everything You Need to Know
Summary: Supreme FX has garnered mixed reviews in its short operational history since its establishment in 2023. While it offers competitive trading conditions and a user-friendly platform, concerns about its offshore regulation and withdrawal issues have been raised by some users.
Note: It is important to highlight that Supreme FX operates through different entities in multiple jurisdictions, which may affect the level of protection and transparency for traders. This review aims to present a balanced view based on available information.
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How We Rate Brokers: Our ratings are based on a comprehensive analysis of user feedback, expert opinions, and factual data regarding the broker's offerings and regulatory standing.
Broker Overview
Founded in 2023, Supreme FX is an offshore brokerage offering trading services across a range of financial instruments, including forex, commodities, indices, and cryptocurrencies. The platform operates on MetaTrader 5 (MT5), a widely recognized trading platform known for its advanced features. The brokerage is regulated by the Seychelles Financial Services Authority (FSA), which is classified as an offshore regulatory body.
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Regulated Regions: Supreme FX operates under the jurisdiction of Seychelles and Saint Vincent and the Grenadines. It is important to note that while it is regulated, the oversight does not match that of tier-1 regulators like the FCA or ASIC, which raises concerns about the level of investor protection.
Deposit/Withdrawal Methods: The broker supports various payment methods, including popular options like PayPal and traditional bank transfers. However, some users have reported issues with withdrawals, claiming delays and complications.
Minimum Deposit: The minimum deposit required to open an account with Supreme FX is $200, which is relatively standard compared to many other brokers in the industry.
Bonuses/Promotions: Supreme FX offers a 30% welcome bonus on deposits, with a maximum bonus amount of $300. However, it is important to note that the bonus is non-withdrawable, and the stop-out level is set at 45%, which may deter some traders.
Tradeable Asset Classes: Traders can access a diverse range of instruments, including major and minor currency pairs, commodities like gold and silver, indices such as the S&P 500, and cryptocurrencies including Bitcoin and Ethereum.
Costs (Spreads, Fees, Commissions): The starting spread for the standard account is 1.2 pips, with lower spreads available for advanced account types. The brokerage claims to operate on a commission-free model, but potential hidden fees may exist.
Leverage: Supreme FX offers a maximum leverage of 1:500, which is significantly higher than what is permitted by many top-tier regulations. This high leverage can amplify both gains and losses, making it suitable for experienced traders who understand the risks involved.
Allowed Trading Platforms: Supreme FX exclusively offers the MT5 trading platform, which provides advanced trading features and tools. While MT5 is considered superior to its predecessor MT4, some traders still prefer the familiarity of MT4.
Restricted Regions: The broker does not accept clients from the United States, Canada, Israel, Japan, North Korea, Belgium, and other UN/EU sanctioned countries, limiting its service availability to specific regions.
Available Customer Service Languages: Customer support is offered in multiple languages, catering to a diverse client base. Users can reach out via live chat, email, and phone for assistance.
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Detailed Breakdown
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Account Conditions (6/10): Supreme FX offers three types of accounts with varying spreads and minimum deposit requirements. However, the lack of a micro account may limit options for beginner traders.
Tools and Resources (7/10): The MT5 platform provides advanced trading tools, including automated trading capabilities and extensive market analysis features, enhancing the trading experience.
Customer Service and Support (6/10): While customer support is generally responsive, some users have reported delays in addressing withdrawal issues, raising concerns about reliability.
Trading Experience (7/10): Users have generally reported a smooth trading experience with competitive spreads and fast execution speeds. However, the absence of tier-1 regulation may deter some traders.
Trustworthiness (5/10): The offshore regulatory status of Supreme FX raises questions about its trustworthiness. While it is regulated, the lack of protection features typically found with top-tier regulators is a concern.
User Experience (6/10): Overall user reviews suggest a satisfactory experience, but issues with withdrawals and transparency in fees have been noted, which could affect traders' confidence.
In conclusion, while Supreme FX presents a competitive trading environment with a variety of financial instruments and a user-friendly platform, potential traders should carefully consider the associated risks due to its offshore regulatory status and reported withdrawal issues.
