SuperFxTrade Review: Arming yourself with the right information is the best way to protect your investment from scammers. Is Superfxtrade.com legit? How true is the information on their website? Could it be a scam? Read and find out the result of our investigation.
Superfxtrade.com is the website of a Forex brokerage that offers a web-based platform that guarantees its users a better chance at making amazing profits. It is an off-shore brokerage registered in Seychelless under the company name of Affort Projects S.A.
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What SuperFxTrade Say They Have to Offer
SuperFxTrade claims to use methods through they accumulate relevant information and in-depth market knowledge from global network, Blockchains and other BTC vendors. They also claim that their platform has the ability to handle thousands of transaction per minute.
Furthermore, They claim to guarantee safety and 18% average profit on investment .
SuperFxTrade Withdrawal and Deposit Methods & Fees
On Superfxtrade.com, there is no information regarding the available payment methods. However, we found an interesting piece of information regarding this platform’s withdrawal and deposit conditions. From what we understood, a fee of $1,000 is attached to withdrawals through bank wire.
As part of our caution campaign, we advise potential traders to only invest the required amount and after sometime, withdraw a small amount in order to find out if there are any unexpected fees or delays. Invest a large amount of money without certainty is a big risk that could lead to a big loss.
Superfxtrade Trading Software
This brokerage offers only a web-based trading platform. It is a platform that lacks the appropriate trading conditions. To our dismay, there is no provision of MetaTrader 4 trading platform offered in this brokerage’s site.
MetaTrader 4 is a trading platform that gives traders an edge in Forex markets. It has features like customizable trading robots and is equipped with close to a hundred indicators. Without this, Superfxtrade has nothing much to offer.
Lastly, there are no trading strategies posted on this brokerage’s site to assure potential traders of maximum profit.
Is SuperFXTrade Licensed?
Affort Projects S.A is registered in the Republic of Seychelles. It is also regulated by the Financial Services Authority of Seychelles.
We discovered a disturbing information. Many of the websites that have been exposed as scams by the New Zealand’s FMA and the Financial Conduct Authority of the UK, is owned by Affort Projects S.A .
Below is the only Information provided by this brokerage with regard to their legitimacy.
Contact phone numbers: +44 7495 460572
Address:London, United kingdom
During the course of our investigation, we checked with the online registry of the Financial Services Authority and found out that Superfxtrade’s claim to be licensed by the authorities in Seychelles is false.
This brokerage’s deficiency of credible regulation makes us suspect that users of of this brokerage may be open to some amount of risk. We advise that potential traders be careful and test this brokerage before investing huge amount of money.
COMPARE WITH A TRUSTED BROKER
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website