✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in SupraTrade. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about SupraTrade and tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | supratrade.io |
| 🏠 Company | Widdershins Group Ltd |
| ️ Regulatory | Not regulated |
| Does not have | |
| 📈 Leading | cTrader |
| 📌 Location | Dominica |
⚠️ SupraTrade is owned by Widdershins Group Ltd, the company is located in Dominica, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. ⚠️
Account types
Now we will analyze the types of accounts that SupraTrade offers, in this case, we observe that it offers 5 different types of accounts:
| Account type | Minimum initial deposit |
| Bronze | $100 |
| Silver | $1.000 |
| Gold | $10.000 |
| Platinum | $25.000 |
| VIP | $100.000 |
Information on the web
SupraTrade provides a basic explanation about the financial products it offers, economic calendar, news, promotions, explanation of basic concepts, really not much more than this.
List of phone numbers
At the moment we have not found phone numbers.
🚫 SupraTrade Final Valuation 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH SupraTrade.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about SupraTrade:
| Date | Update – news |
|---|---|
| June 2021 | Complaint against SupraTrade of CNMV. |
| November 2022 | SupraTrade, together with the brokers 24fintime, AdamantFX, AssetGroup, CF Broker, finlay, OctoFinance, SpaceMarket y TopTradeGroup they belong to Widdershins Group Ltd., a company with a lousy reputation, many complaints, and which has already been accused of fraud by European regulators. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with SupraTrade.
At the end of the review you will find customer comments.
How to Claim Money Scammed by SupraTrade
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report SupraTrade
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report SupraTrade?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is SupraTrade a scam – is it a scam?
Yes. We believe that SupraTrade is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is SupraTrade reliable?
No. SupraTrade is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from SupraTrade?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to SupraTrade?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
This Broker is a scam, in 2020 I made a bank transfer of 394.50 soles to activate my account, and after a few days I activated it and started trading and earning... And then a tragedy happened to me and I was totally unaware and could not answer calls. Surely they were calls from that broker, I don't know, after recovering I went to their website and couldn't get in. I said it will surely have flaws, but the flaws only take a couple of days to fix, not several months. And at the same time this broker from that moment that he had problems did not answer his social networks and left me seen without a message. I consider this to be a fraud and scamming broker. From that moment he told me with us you are going to earn a lot of money, and it will change your lifestyle. So I recommend people not to fall for this broker. If you wish, you can consult their page https
://supratrade.io/log-in/.
I am very disappointed for so much sacrifice I made to raise that amount. Not whether to cry or bother me. It's a bad thing that happened to me. If you see this SupraTrade message, please return my money.
Hi Renzo, thanks for commenting on SupraTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
I also had to deposit the 100 dollars and later they offered me a loan of 2000 dollars so that the supposed investments would go up to a greater amount reaching 27.000 dollars. They have called me insistently to close the loan until recently the guy told me that they were going to report me to Interpol for not making the deposit of the Credit since he says that the company charges them a fine.
Anyway, this is all weird.
Hi Giovnni, thanks for commenting on SupraTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
This broker, as they have already mentioned, is just a scam, they stole my 100 dollars. Initially they say that they give a bonus of 50 dollars and that you can have a certain part of the money because the rest is to make the investments, then they say that it was money just to create the account, that one has not invested anything, finally things end on bad terms because you end up minding your mother and they end up blocking your account. Genuine thieves people, please don't trust, I was scammed, but I don't want it to happen to other people. The question I have is who prosecutes these people, it seems that they continue freely doing what they do. That talk was lost, the truth is, I don't expect to get anything back. They threatened me until I contacted a lawyer for them, I don't really think they have anyone, they only do it so that people remain silent. The case, I share my experience and I hope they take it into account. A beautiful day for everyone.
Hi Leidy, thank you for sharing your experience with SupraTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
regards
THEIR JOB IS ONLY TO STEAL AND STEAL NOTHING ELSE, I HAVE LOST A LOT OF MONEY WITH THEM, I JUST HOPE I CAN GET IT BACK
Hi LucY, thank you for sharing your experience with SupraTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
regards