Supreme Capital Review: All About Supreme-Capital.Co.Uk
Supreme Capital claims to be a UK-based trading company that offers you the possibility to invest in forex and CFDs.
In order to operate on the UK grounds, companies need to be licensed by FCA, which to no surprise, Supreme Capital is not. Not only are they not a UK-based company, but they also lack a proper address.
This honest and in-depth review of Supreme Capital will shine more light on this scam broker and why you should stay away.
|St. Vincent and Grenadines
Regulation and Safety of Funds at Supreme Capital
After inspecting their website a little bit more, we found that Supreme Capital is a brand of Supreme Capital LTD, which is an offshore company based in St. Vincent and Grenadines.
This raises even more suspicion that they are nothing more than another investment scam since SVG is an offshore jurisdiction that doesn’t license or control forex brokers.
Having no regulation is a major issue since your funds are not at all secured. Simply put, Supreme Capital is another scam broker, and investing your money with them, will just put you and your funds at risk.
Supreme Capital Trading Software
Many scam brokers claim they have cutting-edge technology and award-winning software, and Supreme Capital is one of them. In reality, all of that is just a lie they put on their website to attract people and take their money.
We came upon a lot of user complaints against the broker, saying the trading software they offer lacks many things. They have stated they only have the option to stare at different charts and monitor the market.
This leaves us with the realization that this company is nothing more than another fraudulent broker pretending to be something they are not.
Deposit and Withdrawal Options
Supreme Capital has stated on its website they offer deposits via the following options:
- Visa or MasterCard debit or credit
- Wire transfer
After trying to activate the account, we soon came to a realization that the only option that works is to deposit via credit or debit card. This leaves us wondering though those other options even exist.
They also failed to mention any fees regarding the withdrawal. We did find a lot of user complaints regarding the withdrawal as they have stated there are many issues. The first one being they are unable to withdraw their money and after asking agents many times to help them, customers said they just simply disappear.
The only fee we were able to find is regarding dormant account fees and let us tell you, those are not cheap. Supreme Capital is charging 99$ every two months for dormant accounts, while regulated brokers ask anywhere between 5$ to 10$ a month.
So, in case you are wondering if they violated any terms and conditions with this, they did.
Offshore Brokers’ Fraudulent Tricks
It’s not a lie that a lot if not all illicit brokers have scheme tactics they use in order to scam you for as much money as possible.
While we were conducting this Supreme Capital broker review we stumbled upon a lot of people saying that the agents showed them huge amounts of profit they have made and once they ask for a part of that money, agents tell them they need to invest more in order to get it.
This is all a lie since they use manipulative trading software to make it seem like you are making enormous amounts of money and then their agents push you to invest more since if you don’t do so, you will lose everything.
In reality, they just want your money and they will do anything and everything in their power to get it. If you have been scammed by this or any other fraudulent broker, don’t feel ashamed, scams can happen to anyone.
Getting your money back is possible! We would be grateful if you can share it with us since we can help you in reporting your scammers to the authorities.
Supreme Capital Summary
Supreme Capital is just another scam broker who is only interested in your money. They are allegedly a UK based company, but in reality, they are an offshore company based in SVG.
Not only are they not regulated but they also failed to provide an actual address. On top of that, they don’t even have a proper trading platform, the only thing they offer is a chart viewer.
Simply put, you shouldn’t invest with them, since by doing so, you will put yourself and your funds at risk. Always find a trustworthy and regulated broker.
FAQs About Supreme Capital Broker
Is Supreme Capital a Good Broker?
No. They are an offshore unregulated broker that offers unlicensed financial services.
What Is The Minimum Deposit for Supreme Capital?
As they have stated on their website, the minimum required deposit they are asking for is 250$.
Does Supreme Capital Offer a Demo Account?
Yes. They did put on their website the possibility of getting a demo account.