SupremeFX

SupremeFX holds a WikiFX score of 3.86 out of 5, and its regulatory status is classified as Offshore Regulation under the Seychelles Financial Services Authority (FSA) with license number SD145. The broker is operated by Sun Capital Markets Ltd, registered in Seychelles, with 2-5 years of operating history. While the broker offers multiple account types and trading platforms, offshore regulation may involve different investor protections compared to major-tier regulators. The WikiFX score and regulatory framework should be considered as part of a broader evaluation rather than a guarantee of safety or reliability.

According to WikiFX data, SupremeFX holds a Derivatives Trading License (EP) from the Seychelles Financial Services Authority (FSA) under the regulation number SD145. The license status is listed as Offshore Regulation. Sun Capital Markets Ltd is the licensed entity. While the broker is regulated, offshore regulation typically offers a different level of oversight compared to top-tier financial authorities.

SupremeFX offers three account types with different minimum deposit requirements. The Standard account requires a minimum deposit of $200, the Advanced account requires $1,000, and the PRO account requires $2,500. Therefore, the lowest minimum deposit is $200 for the Standard account.

SupremeFX supports the MetaTrader 5 (MT5) platform, as indicated by its full MT5 license and two MT5 server instances. The broker does not offer MetaTrader 4 (MT4) according to WikiFX data.

Pros: 1) Multiple account types with low minimum deposit starting at $200, suitable for different trader needs. 2) Full license for the MT5 platform, providing a widely used trading environment. 3) Competitive spreads from 0.1 pips on the PRO account and from 0.8 pips on the Advanced account. Cons: 1) The broker is regulated under offshore regulation (Seychelles FSA), which may offer limited investor protection compared to major regulators. 2) User exposure records on WikiFX include complaints about profit removal and order execution issues. 3) The broker does not provide services in several regions, including the United States, as indicated by user feedback.

WikiFX data shows that there are user complaints and exposure reports against SupremeFX. Some users have reported issues such as the removal of realized profits and problems with order execution and slippage. At the same time, there are also positive reviews praising customer service, platform stability, and fast withdrawals. It is recommended to review both positive and negative feedback when evaluating the broker.

According to WikiFX user feedback, SupremeFX does not provide services to residents of the United States. A user review explicitly states that the broker is not available in the US, Canada, Japan, and several other countries. Traders should verify availability directly with the broker, as regional restrictions may apply.

SupremeFX offers a Standard account with a low minimum deposit of $200, which can be accessible for beginners. The broker provides the MT5 platform, which is user-friendly and widely used, and some users have mentioned using a demo account for practice. However, the broker operates under offshore regulation and has a history of user complaints regarding profit removal and execution issues. Beginners should consider these factors, ensure they understand the risks, and evaluate the broker's overall suitability based on their own trading experience and risk tolerance.

SupremeFX offers tiered spreads depending on the account type. The PRO account has spreads from 0.1 to 0.2 pips, the Advanced account from 0.8 pips, and the Standard account from 1.2 pips. The broker does not explicitly list commission fees in the provided data; traders should confirm the full cost structure including any additional charges. Overall, spreads on the PRO account are considered low, while the Standard account spreads are moderate. It is recommended to compare total trading costs across account types before choosing.

User reviews for SupremeFX on WikiFX are mixed. Positive reviews highlight fast customer support, seamless trading experience, transparent fees, and quick withdrawals. Negative reviews, including exposure posts, report issues such as the broker removing profits from profitable trades, order execution problems, and sudden slippage. Some users also note regional restrictions. The overall rating on WikiFX is 3.86, reflecting a blend of favorable and unfavorable feedback. Traders are advised to weigh both sides when forming their own assessment.

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.