How To Start Trading With SUPERFOREX Broker (My Review)

What’s up Traders, in this article, we’re going to be talking about How To Start Trading With SUPERFOREX Broker (Forex, CFD & Crypto).

With account types for ECN and STP execution and 400+ instruments available on the MetaTrader 4 platform, SuperForex is a multi-asset online securities and derivatives broker. 

The highest leverage, member area security features, client login and account verification, how to register and open a real account, and other topics will all be covered in this evaluation of the SuperForex broker.

 

Company Information

 

• Trading Platform
• Assets
• Fees
• Leverage
• Mobile Applications
• Payment Methods 
• Demo Account
• Offers & Promotions
• Regulation & Licensing
• Extraordinary Qualities
• Account Types
• Benefits
• Drawbacks
• Trade Times
• Customer Support
• Security & Safety
• SUPERFOREX Conclusion

With the goal of making forex accessible and integrated into daily lifestyle activities, SuperForex was established in 2013. 

From its base in Belize, the broker now conducts business in more than 150 nations worldwide. There are offices present all over the world, including in South Africa, Zimbabwe, Zambia, Malaysia, and Indonesia. 

The International Financial Services Commission (IFSC) has approved ID verification and sign-in security measures for the brokerage.

 

Trading Platform

Customers of SuperForex have access to the MetaTrader 4 (MT4) trading platform, which they can use as a web trader through all popular browsers or download to desktop devices. 

User reviews and ratings provide promising and favourable feedback regarding the user-friendly interface and straightforward navigation. Features consist of:

• Historical data
• 39 graphic objects
• Live news streams
• Customisable charts
• 4 pending order types
• View full trading history
• One-click order execution
• SuperForex flash MT4 scalper
• 50+ built-in technical indicators
• User-friendly, multilingual interface

So that you can benefit the most from your MT4 trading experience, a video instruction is available. 

Windows and macOS-compatible devices can use the terminal. Note that the MetaTrader 5 (MT5) platform is not presently available with SuperForex.

 

Assets

SuperForex provides clients with opportunities for asset trading and investing in the following markets:

Forex: 100+ Currency pairs, major, minor, and unusual

Commodities: Bet on pricey commodities like gold and oil.

Indices: Trade international indices including the FTSE 100, Dow Jones, Nasdaq, and S&P.

Cryptocurrencies: 10 Well-known cryptocurrency/USD pairs, including Bitcoin, Ethereum, and Litecoin

Stocks: Trade stocks of some of the greatest firms in the world, including as Amazon, Apple, Tesla, and IBM.

 

Fees

Depending on the type of account, the broker offers a variety of spreads. These brokers are fairly competitive with one another. 

Direct market execution and variable spreads are advantageous for ECN accounts. The STP standard account often had spreads of 3 pip for USD/EUR, 3.5 pip for USD/CAD, and 6.5 pip for GBP/JPY. 

The price for XAU/GBP was 8 pip. On the Profi STP account, commission is charged, along with a $21.50 trade fee for selected instruments. Positions held overnight are subject to swap rates from the broker.

 

Note: I’ll earn a referral fee (No any extra fee for you) if you sign up with them. But they are reliable in my opinion (as of this writing). I always want and find the best for you so that you don’t get into trouble.

 

Leverage

By account type, SuperForex leverage rates also differ, with rates as high as 1:2,000 available. This is really high, thus if using such high leverage, I would advise using appropriate risk management measures. 

The only leverage available for trading cryptocurrencies is a maximum of 1:10. By contacting customer care by email or live chat, retail customers can modify their leverage limitations. 

Since the broker does not adhere to ESMA trading standards, there are no legal capping limitations.

 

Mobile Applications

No matter where you are, the SuperForex mobile app gives you a full trading experience right from your smartphone or tablet. 

The MT4-integrated app is freely downloadable for iOS and Android (APK) gadgets. On the move, use analytical tools and fully functional trading features from the desktop trading platform, such as customizable charts and graphs. Features consist of:

• Copy-trading
• Trading signals
• Open or close trades
• Access analytical articles
• Track quotes in real-time
• Live streaming economic news
• Deposit and withdraw to your trading account

 

Payment Methods 

 

• Deposits
• Withdrawals

 

Deposits

Although there are several minimum deposit requirements, $1/£1/€1 is the lowest, which is perfect for a beginner trader. 

All deposit payment options are free at SuperForex, but there may be exchange or third-party bank fees. A variety of base currencies are available for opening accounts. Options for payment include:

Bank Wire Transfers: Take two to four days to process.

Credit/Debit Cards: Instant processing for credit/debit cards. comprises both Visa and Mastercard.

SuperForex Money: Instantaneous processing using SuperForex Money. 7% off as payback on deposits.

Electronic Payments: Instant processing for electronic payments. Skrill, Neteller, SticPay, and Perfect Money are examples of e-wallets.

Local Payments: Instant processing for local payments. Among the transferable currencies are MYR, IDR, ZWD, and NAD.

Cryptocurrencies: Instantaneous processing with cryptocurrencies. Bitcoin, Dogecoin, and Litecoin are among the accepted currencies.

Be aware that some techniques might be restricted to specific regions.

 

Withdrawals

There are SuperForex withdrawal fees that vary depending on the mode of transaction. Some techniques have minimum withdrawal thresholds. Before money may be taken out of a live account on verified accounts, a pin code must be entered.

Cryptocurrencies: Processing takes 1-3 hours for cryptocurrencies. Commission of 5%.

SuperForex Money: Processing time for SuperForex Money is 1-3 business days. No commission.

Local Payments: processing takes one to three hours. There are charges for local bank wires.

Electronic Payments: Take one to three hours to process. There are several commissions and fees involved.

Credit/Debit Cards: Processing takes 1-3 hours for credit/debit cards. $7 plus 3% commission a $20 minimum withdrawal.

Bank Wire Transfers: All account currencies for bank wire transfers Processing of withdrawals takes 2-4 business days, plus $35 and 3% commission.

 

Demo Account

The broker’s website offers a free sample account in either USD or EUR. These accounts offer a safe way to test trading strategies, browse platform features, and practise trading. 

SuperForex traders can experience real-time trading conditions and prices and have access to up to £50,000 in virtual funds. 

Similar to XM, Tickmill, and HotForex, opening a demo account only requires completing a brief online registration form.

Throughout the year, SuperForex runs special demo account contest cycles. These may be directed at certain tools, such as the Bitcoin Mania and Gold Rush competitions. 

Customers are required to use paper trading accounts to trade demo instruments. Retail traders can receive incentives worth up to a $100 deposit into a real account if their accounts have the greatest balances at the end of the cycle.

 

Offers & Promotions

SuperForex offers a number of reward and bonus programmes. This comprised a 202% bonus claim for adding funds to a live account, a no deposit bonus, a $1,000 introduction incentive, and a 40% welcome bonus on initial deposits. 

Certain incentives can’t be combined with others. In order to help customers choose which option to apply for, the broker offers a comparison chart. Always read the terms and conditions of bonus claims as there can be unstated restrictions on bonus withdrawal.

Added perks are offered by a membership club based on account earnings. All SuperForex customers may sign up, but there is a $100 minimum deposit requirement and no minimum trading volume. 

Members have access to reduced spreads, exclusive analytics, round-the-clock customer service, and increased deposit protection.

 

Regulation & Licensing

The International Financial Services Commission oversees and approves SuperForex (IFSC). The IFSC is not thought of as a top-tier regulator, thus it might not provide the same levels of security as other reputable financial authorities. 

Traders should be aware of this. But even a little control is preferable to none. The broker does take steps to ensure client monies are kept separate and that anti-money laundering regulations are followed.

Residents of the United States of America or Ukraine are not eligible for services.

 

Get trading with SUPERFOREX in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create SUPERFOREX Account Click Here

 

Extraordinary Qualities

The website of SuperForex broker offers a number of helpful educational resources. This contains investment PDF articles, a glossary of words for the forex market, and beginner-friendly trading-related YouTube video content. 

Understanding financial indicators, utilising a profit and loss calculator, copytrade advice, spreads, the advantages of using a trading bot, and other topics are covered in this course. 

You can also get information on training centres and live seminar events. All clients can access them, and physical education facilities can be found in nations throughout the world such Kenya, Tanzania, Rwanda, Nigeria, and Uganda.

The broker also offers its clients free access to Pattern Graphix software. This expert advisor (EA) automated trading programme utilises the MetaTrader 4 trading platform. 

The system can propose the best trades to place based on patterns it finds in price movement graphs. Just download it, and your MT4 account will automatically sync with the service.

 

Account Types

 

• ECN Execution
• STP Execution

Several real account types with ECN or STP execution are available from SuperForex. Each account has unique trading circumstances that are appropriate for unique tactics. 

Low minimum deposit requirements are perfect for a novice trader. Base currencies can range, but possibilities for accounts include USD, EUR, GBP, and ZAR, which eliminates the need for occasionally expensive swaps. 

To assist you choose an account, we advise using the demo account first. Features of live accounts include:

 

ECN Execution

 

• Standard: $1/€1/£1 minimum deposit, $100,000 lot size, floating spreads.
• Swap-Free: $1/€1/£1 minimum deposit, $100,000 lot size, floating spreads.
• Standard Mini: $1/€1/£1 minimum deposit, $10,000 lot size, floating spreads.
• Swap-Free Mini: $1/€1/£1 minimum deposit, $10,000 lot size, floating spreads.
• Crypto: $100 minimum deposit, 10 BTC lot size, floating spreads, USD account currency only.

 

STP Execution

 

• Crypto: $100 minimum deposit, 10 BTC lot size, fixed spreads, USD account currency only.
• Standard: $1/€1 minimum deposit, $10,000 lot size, fixed spreads, forex copy included.
• Profi STP: $500 minimum deposit, $100,000 lot size, 0 spreads, USD/EUR/GBP/ZAR account currencies only.
• No Spread: $100/€100 minimum deposit, $100,000 lot size, 0 spreads, USD/EUR/GBP account currencies only.
• Swap-Free: $1/€1 minimum deposit, $10,000 lot size, fixed spreads, forex copy included.
• Micro Cent: $1/€1 minimum deposit, $3000/€3000 maximum deposit, 10,000 cents lot size, fixed spreads, USD/EUR account currencies only.

Opening a live account is a simple procedure. Customers must fill out an online registration form, which under the know your customer (KYC) requirement may need identify verification materials such proof of residency. 

It is encouraging to note that SuperForex has an Islamic trading account; customers should sign up for a swap-free account for this account type.

 

Benefits

 

• Educational materials.
• 400+ Different trading tools.
• Demo account with fake money.
• Deposits start at just $1/€1/£1.
• Utilize the 5% yearly interest on the account’s equity.
• Free use of the Pattern Graphix software.
• A variety of account types that execute via ECN or STP.
• Numerous payment options, including cryptocurrency, are accepted.
• You can add security measures to individual accounts.
• Automatic balance reset programme (negative balance protection).

 

Drawbacks

 

• Lack of a MetaTrader 5 trading platform.
• Several unfavourable customer evaluations in 2021.
• In the industry, the regulatory provider is not as well known.

 

Trade Times

The brokerage operates from 07:00 to 17:00 GMT and 24 hours a day, Monday through Friday, although specific trading hours may vary depending on the asset.

 

Customer Support

SuperForex provides many ways for customers to contact them:

Phone number: +442045771579

Email: [email protected]

Live Chat: Each webpage’s Live Chat logo is in the bottom right corner.

Social Media: Social media platforms like Facebook, Twitter, and Whatsapp.

It was encouraging to note that the broker offers a thorough FAQ area. The download process for MetaTrader 4, specifics on how to deactivate a SuperForex account, adding the simple $50 deposit bonus or affiliate code, support for card verification, and MPESA deposits are among the topics covered.

 

Security & Safety

We were glad to find that all consumers could access a high level of fund security safeguards. This provides settings for IP address access, combinations for account verification, segregated funds, and access to login history. 

An SSL certificate is used to encrypt any personal data transferred between client terminals and the platform service. The MT4 trading terminal has dual-factor authentication, secure login features, and data privacy that meets industry standards.

 

SUPERFOREX Conclusion

With choices for zero, fixed, and floating spreads on a wide variety of trading instruments, SuperForex provides a respectable trading environment. 

The broker’s regulation may not be the best, but its positive balance protection, deposit protection, and fund segregation programmes are comforting. 

SuperForex is a competitive broker, especially for new traders, thanks to its selection of order execution options, cheap minimum deposit requirement, incentives, and educational materials.

 

Get trading with SUPERFOREX in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create SUPERFOREX Account Click Here

 

Questions about SUPERFOREX

 

• Is SUPERFOREX a Broker that is Regulated?
• What kinds of accounts does SUPERFOREX provide?
• Are There Nasdaq Trading Opportunities at SUPERFOREX?
• Is SUPERFOREX a Scam Or Legit?
• Is SUPERFOREX an Excellent Broker?

 

Is SUPERFOREX a Broker that is Regulated?

Yes, the International Financial Services Commission regulates SuperForex as a legitimate brokerage company (IFSC). 

This, together with the service provider’s customer testimonials and security measures, suggest that it is unlikely a fraud.

 

What kinds of accounts does SUPERFOREX provide?

Several real account types with ECN or STP execution are available from SuperForex. These come in fixed, floating, or no spread choices, depending on your strategy’s requirements. Minimum deposits start at £1/$1/€1, depending on the currency.

 

Are There Nasdaq Trading Opportunities at SUPERFOREX?

You can trade Nasdaq on SuperForex, yes. With competitive trading conditions like leverage up to 1:1000, macroeconomic data, and technical analysis, the broker offers a number of well-known global indexes.

 

Is SUPERFOREX a Scam Or Legit?

With regulation, deposit protection plans, and negative balance protection, we are convinced that SuperForex is a legitimate broker. 

Before creating a live account, make sure to read the terms and conditions. Be aware that, in comparison to other authority bodies, the IFSC does not offer top-tier regulation.

 

Is SUPERFOREX an Excellent Broker?

SuperForex offers competitive trading conditions, regulatory protection, partnerships with software companies, security mechanisms, and the MT4 platform.

 

Get trading with SUPERFOREX in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create SUPERFOREX Account Click Here

 

Final words

Okay, so that’s it I’ve come to the end of this presentation, I hope you’ve enjoyed it and if you really do please write a comment and click the share buttons smash it right, and click to subscribe bell to Allow notifications be updated.

Whenever, I publish content like, this and finally any questions or feedback let me know below and I’ll do my best to help, so with this guide, I hope you got value out of this presentation, I wish you good luck and good trading and I’ll talk to you soon you.

 

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