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.
Markets
SuperForex offers a wide range of trading instruments. The trading instruments include Forex, Indices, Metals, Commodities, Shares and Cryptocurrencies.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
Conclusion
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
Pros
- User-friendly trading platforms and apps
- Multiple trading tools
- Decent range of trading instruments
- Free trading guides and courses
- Copy forex trading signals
- Very competitive trading conditions
- Quick and easy account opening and funding
- Friendly customer support team
Cons
- Cannot accept USA traders
- No MetaTrader 5 platforms
- Withdrawal fees
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
