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SupremeMarkets

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Operating status: SCAM

Website: https://sprmarkets.com/

Broker violations and abnormal records
  • 2023-06-04 The Spanish CNMV added SupremeMarkets to its warning list

    On June 5, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added SupremeMarkets to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

    On June 5, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added SupremeMarkets to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
  • 2023-06-06 BrokersView has reviewed that SupremeMarkets is an unregulated broker

    SupremeMarkets claims to be operated by International Market Connect LLC., a company registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). While it is true that corresponding records exist in the SVG FSA registry, investors must bear in mind that the SVG FSA has explicitly stated that it doesn't issue forex licenses nor does it regulate entities engaging in such activities. Consequently, SupremeMarkets remains unsupervised by the relevant regulatory body. Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has added SupremeMarkets to its warning list for providing investment services without authorization.

    In essence, SupremeMarkets is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    SupremeMarkets claims to be operated by International Market Connect LLC., a company registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). While it is true that corresponding records exist in the SVG FSA registry, investors must bear in mind that the SVG FSA has explicitly stated that it doesn't issue forex licenses nor does it regulate entities engaging in such activities. Consequently, SupremeMarkets remains unsupervised by the relevant regulatory body. Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has added SupremeMarkets to its warning list for providing investment services without authorization.In essence, SupremeMarkets is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

When can I receive my withdrawl?

Youssef Abi Raad
Mexico
2023-08-08
ANSWER Due to its unlicensed status, there is no guarantee that you can successfully make a withdrawal on SupremeMarkets.SupremeMarkets claims to be operated by International Market Connect LLC., a company registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). While it is true that corresponding records exist in the SVG FSA registry, investors must bear in mind that the SVG FSA has explicitly stated that entities engaging in forex trading and brokerage are not licensed from this jurisdiction. Consequently, SupremeMarkets remains unsupervised by the relevant regulatory body.Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has added SupremeMarkets to its warning list for providing investment services without authorization.In conclusion, we strongly suggest you proceed with extreme caution and have no further dealings with SupremeMarkets as it is an unlicensed broker. Dealing with this platform poses significant risks such as financial losses and identity theft, due to the lack of oversight. Therefore, investors are advised against trading with unlicensed brokers like SupremeMarkets and instead to choose a fully regulated one.
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