What is Supreme FX?
Supreme FX is a brokerage with a dedicated team of professional and experienced analysts, accountants, customer service representatives, HR personnel, and legal experts. Their collective mission is to provide the highest level of service to clients. As a regulated entity, Supreme FX operates under the supervision of the FSA. It is worth noting that their regulation under the Seychelles FSA falls under offshore jurisdiction.
Clients of Supreme FX can access a diverse range of trading instruments spanning various asset classes. With three types of trading accounts available - Standard, Advanced, and PRO - traders can choose an account that aligns with their individual needs and preferences.
Pros & Cons
Is Supreme FX Safe or Scam?
Supreme FX is regulated by the Seychelles Financial Services Authority (FSA) under license number SD145. It is essential to note that this regulation is categorized as offshore regulation. It is essential for traders to conduct their own due diligence and thoroughly evaluate their investment options, as all investments carry a certain level of risk.
Market Instruments
Supreme FX offers a diverse range of trading instruments across various asset classes.
- Commodities: Supreme FX provides access to trading commodities, such as gold, silver, natural gas, and agricultural products. Traders can speculate on the price movements of these physical goods
- Metals: Traders can trade in precious metals like gold and silver, which are considered a safe haven during uncertain economic times. These metals are traded in the form of spot prices or contracts for difference (CFDs).
- Shares: Supreme FX enables trading in shares of various companies listed on major stock exchanges worldwide. Traders can speculate on the price movements of individual stocks through CFDs, allowing them to profit from both rising and falling markets.
- Indices: Traders can access a wide range of global indices, such as the S&P 500 and FTSE 100. These indices represent the performance of a specific market or a group of stocks, allowing traders to speculate on the overall market movement.
- Forex: Supreme FX offers forex trading, which involves buying one currency while selling another simultaneously.
- Cryptocurrencies: Supreme FX also provides trading opportunities in cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others. Traders can speculate on the price movements of these digital assets through CFDs, without needing to own the actual cryptocurrencies.
Account Types
Supreme FX offers three types of trading accounts: Standard, Advanced, and PRO.
- The Standard account is suitable for traders who are looking for a low initial deposit requirement with moderate risk management measures.
- The Advanced account is designed for traders who have a slightly higher risk appetite and can afford a higher initial deposit.
- The PRO account is intended for experienced and professional traders who are comfortable with higher-risk trading strategies.
Supreme FX offers demo accounts for traders who wish to practice and become acquainted with the platform before engaging in live trading. These demo accounts replicate real market conditions, enabling traders to execute trades using virtual funds. This allows traders to gain experience and confidence without risking real money.
Leverage
Supreme FX offers a maximum leverage of 1:500, which means that traders can control positions that are up to 500 times larger than their initial investment. Leverage allows traders to amplify their potential gains, as even a small market movement can generate significant profits. For example, with 1:500 leverage, if a trader invests $100, they can control a position worth $50,000.
Spread & Commission
Trading Platform
Supreme FX offers its clients MT5, a widely recognized and highly regarded platform in the financial industry. It provides an advanced and user-friendly interface, empowering traders with a comprehensive set of features and tools to execute their trading strategies effectively.
MT5 provides a secure trading environment with encryption and authentication protocols. It also offers multiple execution modes, including instant execution and market execution, giving traders flexibility in executing their trades. The platform supports various trading methods, including one-click trading, allowing for quick and efficient order placement.
Deposit & Withdrawal
Supreme FX offers deposit and withdrawal options to cater to the varied needs of their clients. Among the available methods, two popular options are PayPal and ABSA Bank.
Supreme FX allows clients to deposit and withdraw funds using PayPal, a widely recognized and secure online payment system. To make a deposit, clients need to log in to their Supreme FX trading account and select PayPal as the preferred payment method.
Supreme FX also supports deposits and withdrawals through ABSA Bank, a prominent South African financial institution.
Supreme FX minimum deposit vs other brokers
Customer Service
Supreme FX offers a live chat feature that allows customers to receive quick assistance and answers to their questions. This convenient and efficient communication channel enhances customer satisfaction and potential sales.
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: +248 4 373 840
Email: info@supremefxtrading.com
Address: CT House, Office 9A, Providence Mahe, Republic of Seychelles
Supreme FX has a dedicated Frequently Asked Questions (FAQ) section on their website. This resource aims to address common inquiries and provide relevant information to clients, helping them make informed decisions about the companys services, processes, and investment opportunities.
Furthermore, Supreme FX enables online messaging within their trading platform, allowing traders to directly communicate with customer support or other traders. This feature offers real-time assistance and the opportunity to engage in discussions with fellow traders.
Conclusion
In conclusion, Supreme FX is a brokerage that offers a wide range of trading instruments for their clients. Supreme FX is regulated by the Financial Services Authority (FSA). However, that the regulation under the Seychelles FSA is classified as offshore regulation.
Clients of Supreme FX have the opportunity to choose from three types of trading accounts and the platform offered by Supreme FX is the industry-leading MT5 (MetaTrader 5), which provides advanced trading features and tools.
Overall, Supreme FX's sdiverse range of trading options, and commitment to client satisfaction make it an choice for traders. While it is important for users to consider the offshore regulation aspect, Supreme FX's overall offering positions it as a reliable brokerage option in the market.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors.
2024-07-31 18:18
