SuperForex Review

SuperForex Logo

Founded in 2013 and based in Belize, SuperForex is an online forex broker that offers online trading services on over 300 trading instruments across multiple asset classes, such as forex, indices, stocks, cryptocurrency, commodities, energies, and metals. The broker provides clients with the MetaTrader 4 trading platform, offering competitive spreads, high leverage, and low minimum deposit.

SuperForex is a “No Dealing Desk” (NDD)¬†broker that has partnered with premium liquidity providers (LPs). They have also won some industry awards, including “the Fastest Growing Broker” in 2015 and the “Best Forex Broker” in 2016 in the MENA region; both awards were courtesy of ShowFXWorld.

SuperForex Investing Instruments

SuperForex offers a wide range of trading instruments. The trading instruments include Forex, Indices, Metals, Commodities, Shares and Cryptocurrencies.

SuperForex Platforms

The broker provides traders with the popular MetaTrader 4 trading platform. The MT4 is versatile and has the WebTrader version, Windows desktop application, and mobile app versions for Android and iOS devices. The mobile app version has almost all of the same features as the MT4 desktop and integrates seamlessly with the MT4 accounts. It can be downloaded from relevant app stores for trading on the go.

MetaTrader 4

The SuperForex MetaTrader 4 platform is the most dependable and cutting-edge trading technology MetaTrader 4, an award-winning platform, is the favoured choice of trading experts. It is intended to offer consumers rapid and accurate brokerage services in the FX, CFD, and futures markets. You can install the SuperForex MetaTrader 4 platform to begin trading from the website. MetaTrader 4 is available for Mac, Windows PC, and Linux. You may also download the MT4 mobile app for Android and iOS. It is a trading terminal that is used by millions of financial professionals worldwide. The platform provides a comprehensive yet straightforward perspective of trading instruments, making it suited for both novice and experienced traders.

SuperForex MT4 Platform
SuperForex MT4 Platform

It has the following benefits:

  • demo account
  • switch between accounts
  • market and pending trade orders
  • trading history
  • 1 second to execute the order
  • A wide range of tools for trading
  • 39 graphic objects
  • Access market prices in real-time

SuperForex Mobile Application

To keep up with the quick speed of today’s financial markets, you must occasionally make judgments in a split second. To guarantee you always have access to essential financial information for lightning-fast trading choices. SuperForex has created a number of mobile apps to help you stay on top of your trading profession.

SuperForex MT4 App
SuperForex MT4 App

It has the following specifications:

  • Open a real or demo account
  • You can make a deposit and withdraw money
  • You can check all your trading operations
  • You can track quotes in real-time
  • You can merge your accounts
  • You can receive trading signals
  • copy the trades of other traders
  • You can read analytical articles
  • You can track economic news

SuperForex Trading Tools

The broker also provides clients with useful trading tools, in addition to those built into the MetaTrader 4 platform, and they include Market analysis, SuperForex bank, Pattern Graphix, and Forex Copy, which helps traders to automatically copy the trades of master traders.

Forex Copy

To keep up with the quick speed of today’s financial markets, you must occasionally make judgments in a split second. To guarantee you always have access to essential financial information for lightning-fast trading choices. SuperForex has created a number of mobile apps to help you stay on top of your trading profession.

SuperForex Copy
SuperForex Copy

Here are the few advantages of SuperForex Trading:

  • You can start with $10 only
  • A large community of traders is there to find something new
  • Copy trading

SuperForex Bank

SuperForex has created a managed investment portfolio comprising CFDs, stocks, and cryptocurrencies. Commissions apply to withdrawals and investment portfolios. There is no guarantee that this managed portfolio will outperform the market.

SuperForex Bank
SuperForex Bank

Trading Courses

Online Forex classes may be a better option if you want to go further into a subject that you are challenging to understand or want to learn more about. The course consists of multiple lectures that go through the most fundamental elements of Forex trading in great detail.

SuperForex Research & Education

SuperForex provides traders with trading seminars and educational materials, such as educational videos and a trading glossary of over 200 trading terms and their detailed explanations. There are a lot of useful educational resources on the SuperForex broker website. This includes YouTube videos about trading for beginners, a glossary of forex terms, and PDFs of investment articles about how to make money through trading.

SuperForex Trading Courses
SuperForex Trading Courses

People can also find live seminar events and information about where to go to get training at this centre. These are available to all customers, and there are physical education centres in countries around the world, like Kenya, Tanzania, Rwanda, Nigeria, and Uganda. Pattern Graphix software is also given to everyone by the broker for free. This is an automated trading tool called an expert advisor (EA). It works with the MetaTrader 4 platform. The system looks for patterns in price movement graphs and can tell you which trades to make. As soon as you do that, the service will connect with your MT4 account.

Market Analytics

On a regular basis, the SuperForex website includes technical analysis. Various indicators are used to analyse selected charts, and the analysis concludes with trading advice for traders. Economic news is posted on the SuperForex website on a daily basis. This section includes a market overview as well as different economic news from various countries, particularly the United Kingdom and the United States. The fundamental analysis on the website is updated many times every week. It is mostly focused on forex, gold, and oil. Once or twice a week, video analysis is available on the SuperForex website and YouTube channel. It is provided by a SuperForex analyst who uses technical analysis to anticipate the possible movement of the values of numerous major currencies. The SuperForex website and YouTube channel publish a ‘Weekly Review’ every Friday.

SuperForex Market Analysis
SuperForex Market Analysis

Pattern Graphix

SuperForex provides all customers with a free expert adviser (EA). The ‘Pattern Graphix’ detects chart patterns and advises traders on how to approach trading an instrument based on these patterns. The trader maintains control and may choose whether to accept or reject the expert advisor’s suggestion.

SuperForex Pattern Graphix Tool
SuperForex Pattern Graphix Tool

Trading Seminars

SuperForex arranges a number of trading seminars in different cities and countries throughout the world. These seminars are intended to provide traders and potential customers the opportunity to interact with and learn from SuperForex professionals. These seminars focus on a practical approach to trading, covering key principles and strategy development.

Trading Glossary

The website provides a vocabulary of over 200 trade words, as well as explanations for each. This might be useful for new traders who wish to learn some of the more prevalent trading jargon.

Educational Videos

Several videos are categorised in the ‘our services and ‘Forex trading’ sections. Technical analysis ideas and methodologies are explained in 16 video classes. Other video tutorials demonstrate how to utilise SuperForex services such as Forex Copy, Bonuses, MT4, and so on.

SuperForex Trading Accounts

SuperForex provides multiple account types to suit the different needs and experience levels of traders. All of the accounts are grouped into either STP or ECN Accounts; they have minimum required deposits that range from just $1 to $5000. The following are the STP account types:

  • Micro Account
  • Standard Account
  • Swap-Free Account
  • No Spread Account
  • Profi STP
  • Crypto Account

The ECN accounts are similar to the STP accounts except for a few features. There are no maximum deposits, all spreads are floating, but Forex Copy is not available. The following are the ECN account types:

  • ECN Standard Mini
  • ECN Standard
  • ECN Swap-Free Mini
  • ECN Swap-Free
  • ECN Crypto

Demo accounts are available to all clients at no cost.

SuperForex Account Funding

The broker offers a variety of account funding methods that are aimed at localizing payments. The following funding methods are accepted: Local bank transfers, bank wire transfers, debit/credit cards, electronic payments, cryptocurrencies, and SuperForex Money. Deposits are free, but withdrawal commissions are charged depending on the method used.

SuperForex Customer Service

The broker offers a customer support desk 24/5 during market hours. They can be reached via online web chat, telephone, and email. There is a FAQ section on the broker’s website, which gives instant answers to clients’ questions.

SuperForex Regulation

SuperForex is authorized and regulated by the International Financial Services Commission (IFSC) of Belize.

SuperForex FAQ

What is the SuperForex minimum deposit?

On a standard account, the minimum deposit amount is just $1.

Where is SuperForex based?

SuperForex is based in Belize.

When was SuperForex founded?

SuperForex was founded in 2013.

What are the SuperForex platforms?

SuperForex offers SuperForex Mobile App and MetaTrader 4 platforms for trading.

What trading instruments does SuperForex have?

SuperForex offers Forex, Indices, Metals, Commodities, Shares and Cryptocurrencies.

What are the SuperForex deposit and withdrawal options?

SuperForex offers wire transfer, debit/credit card, e-wallets and cryptocurrencies as deposit and withdrawal options.

What is the SuperForex leverage?

SuperForex offers leverage up to 1:1000.

What is the SuperForex commission fee?

SuperForex’s commissions start from 0$.

What are the SuperForex spreads?

SuperForex charge 0.2 pips per standard lot per side.

Does SuperForex offer demo accounts?

Yes, SuperForex offers demo accounts.

Does SuperForex offer Islamic accounts?

Yes, SuperForex offers Islamic Accounts.

Does SuperForex allow scalping, hedging, news trading and automated trading?

Yes, SuperForex allows scalping, hedging, news trading and automated trading.

Does SuperForex charge an inactivity fee?

SuperForex does not charge any inactivity fees as per the Website.

Is SuperForex regulated?

SuperForex is regulated by IFSC.

SuperForex Review Summary

SuperForex is an online broker that is committed to satisfying traders. They offer multiple account types to suit every trader’s investment size and experience level, and they provide clients with the MetaTrader 4 trading platform and a good selection of educational materials.

 

SuperForex

8

Spreads

8.0/10

Liquidity

8.0/10

Commissions

8.0/10

Support

8.0/10

Regulation

8.0/10

Features

  • User-friendly forex trading platforms
  • Multiple trading tools to help with market analysis and trading
  • Over 300 trading instruments
  • A good choice of educational materials
  • Copy trading forex signals
  • Trading guides and courses
  • Low forex spreads
  • Very competitive trading fees
  • Quick and easy account opening and funding
  • Friendly customer support team