Impersonation of Supatrade Pty Ltd (supatradegroup.net)

What Is This Scam?

The website supatradegroup.net is operating as a cloned firm scam, meaning it fraudulently copies the identity of a legitimate or previously legitimate business in order to trick consumers into handing over money. The Australian Securities and Investments Commission (ASIC) has placed this website on its official investor alert list, confirming that it is not authorised to provide financial services in Australia. Cloned firm scams are among the most dangerous forms of investment fraud because they exploit the credibility and reputation of real companies, making them difficult to detect without careful verification.

Who Are They Impersonating?

The operators behind supatradegroup.net are impersonating Supatrade Pty Ltd, using the company's name and likely its branding or trading history to appear credible. By adopting the identity of a known entity, the scammers create a false sense of legitimacy, which can deceive even cautious investors. It is important to understand that the real Supatrade Pty Ltd is not responsible for the activities conducted through this fraudulent website, and any contact or transaction made through supatradegroup.net is not connected to any authorised or regulated business.

Domain Information

An analysis of the domain registration details for supatradegroup.net reveals several significant warning signs. The domain was registered on 20 January 2026 and is only approximately 0.2 years old at the time of this alert, making it an extremely new website. Domains less than two years old are a major red flag in investment scam cases, as fraudulent operators frequently register fresh domains to replace sites that have been shut down or flagged. The domain is registered through Namecheap Inc and, notably, the registrant country is listed as Iceland. This conflicts sharply with the claimed Australian identity of the business, as a genuine Australian financial firm would typically have domain registration details consistent with its stated jurisdiction. This geographical mismatch is a strong indicator that the website is not what it claims to be.

Red Flags

• The website supatradegroup.net has been formally listed on ASIC's investor alert list as an impersonation scam.
• The domain was registered in January 2026 and is less than one year old, which is highly unusual for a legitimate, established financial services business.
• The domain registrant country is Iceland, which is inconsistent with the Australian identity the site is attempting to project.
• The firm is not authorised or licensed by ASIC to provide financial services in Australia.
• Cloned firm operators typically use high-pressure tactics, unsolicited contact, and promises of unusually high investment returns to lure victims.
• There is no verifiable connection between this website and any regulated financial entity.

What To Do If You Have Been Contacted

If you have been approached by anyone using the name Supatrade Pty Ltd through the website supatradegroup.net or via any associated communications, do not provide any personal information, banking details, or funds. Cease all contact immediately. You should verify any financial firm's credentials directly through ASIC's professional registers at moneysmart.gov.au before engaging with any investment offer. If you have already transferred money or shared sensitive information, report the matter to ASIC, the Australian Cyber Security Centre (ACSC), and your bank or financial institution as soon as possible. Prompt reporting can help limit financial loss and assist authorities in shutting down these operations.