Report a Scam and File a Chargeback SuperFXTrades

Should You Trade with SuperFXTrades? 

SuperFXTrades is a broker that may seem to be legitimate at first glance. It says that offers MetaTrader 4 and 5, which are popular trading platforms. Although SuperFXTrades says it is located in the United Kingdom, it also says it is licensed in Seychelles. There is an obvious inconsistency here that should alarm anyone who wants to research brokers. For one thing, if it is located in the UK, it needs a better license, but it may not be honest about its location. 

We Have Found Some Problems with SuperFXTrades 

Any broker that is located in the United Kingdom must have a license from the FCA or the Financial Conduct Authority. Instead, SuperFXTrades has a license from Seychelles, which is not a top-grade license and provides very little oversight for customers. Therefore, even though SuperFXTrades looks more reliable than many other brokers, it still isn’t up to a trustworthy standard. 

Here Are Some SuperFXTrades Red Flags:

  • No transparency
  • Third-rate license
  • Bad reviews

What Should You Do If You Have an Account with SuperFXTrades?

We do not recommend opening an account with SuperFXTrades. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds and will help you prepare your claim.

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