CategoriesForex Trading

Superforex Broker Review: Is It A Good Choice For You?

Besides lots of currency pair,
SuperForex also offers some instruments you would like to trade on, such as
Crypto for your best choice. Somehow, remember that different instrument
has different trading conditions. In this case, you have to make sure that your strategy is well
suited for the instrument you chose. Besides lots of currency pair,
SuperForex also offers some instruments you would like to trade on, such as
Forex, Gold & silver, CFD, Futures and Indexes for your best choice. The best way to decide if SuperForex is the right broker for you is to open an account and test the company’s services yourself. Note that you can also open a demo account, which does not use real money and is perfect for trading practice.

Just make sure that you check if the spreads are fixed during your preferred trading hours. This is because they may be increased during hours of low liquidity. This is SuperForex managed investment portfolio of CFDs, shares and cryptocurrencies. Investors are required to deposit at least $100 within a period of 15 days to 1 year.

SuperForex Fees, Spreads, and Commission

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. Clients can further improve account safety by creating a list of allowed IP addresses.

  • The broker offers multiple account types to suit the investor’s trading requirements and expertise.
  • In its execution policy document, the broker states that it is the sole execution venue for all orders and acts as principal to all client orders.
  • SuperForex makes use of a segregated funds policy to protect client funds at all costs.
  • Moreover, Clients can check their login history on their accounts.
  • It is designed to provide fast and accurate brokerage services to customers in FX and futures markets.

Their hotline has an international formal number and can be reached via email. A professional support agent will help you out with your concern. The company takes pride in its achievements and has gathered several awards for its excellence.

SuperForex Reviews and Comments

Now they tell me that I do not have enough capital to withdraw yet I have enough capital.They keep on canceling my withdrawals. And I have proof.Don’t invest your money in them you will never withdraw it. Superforex is one of the best trading platforms you will ever see. We regret to hear about such experience, please provide your account number and we will deal with the situation.

If you are patient, take notes, and complete the exercises at the end of each lecture, you can prepare yourself to tackle anything that the Forex market throws at you. There is a informative glossary of over 200 trading terms along with explanations are provided on the website. This can be useful to new traders who are looking to familiarise themselves with some of the more popular trading terminologies. Whilst this isn’t anything ground breaking, I find it useful to have everything in one place. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

SuperForex Verdict

We love the NGN trading too and look forward to even closer cooperation and use of our services in the future. You can try our ECN accounts with floating spreads or open a No Spread Account to benefit from Zero spreads at all. Due to weak regulation, we recommend other better-regulated brokers as Superforex alternatives.

SuperForex vs Exness vs XM – A Comparison

SuperForex falls under the regulatory authority of the International Financial Services Commission. The IFSC is responsible for regulating SuperForex plus ensuring that its services are in agreement with international law. You can also attend live seminars and get information regarding which training center is the best for your further knowledge. They have numerous physical superforex review training centers located in countries worldwide, such as Rwanda, Kenya, Nigeria, Uganda and Tanzania. 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 MetaTrader 4 for PC, Web, and mobile includes a configurable interface and rapid execution. This platform provides a diverse set of trading tools so you can create your own trading templates and analyse the charts in a way that works for you. It allows you to seamlessly swap between accounts, see your whole trading history, and has useful graphical elements for powerful technical analysis. MT4 is a well-known, award-winning trading terminal that is used by millions of traders worldwide. It is intended to serve users who are trading Forex, CFDs, and futures markets online. The program provides a comprehensive yet straightforward perspective for trading online.

Besides, the broker offers a vocabulary of more than 200 words used in the trading world. This is useful for beginners who want to learn the most prevalent trading jargon before entering the profession. The website includes a vocabulary of over 200 trade words with explanations. This might be good for novice traders who want to become aware of some of the more common trading jargon. This is a managed investment portfolio of CFDs, stocks, and cryptocurrencies by SuperForex.

Trading history can be accessed as well on this app and can perform the execution of all standard operations. Customers must complete an online registration form, which may require identification verification documents such as proof of residency under the know your customer (KYC) compliance. It is good to see SuperForex offers an Islamic trading account, for which clients should register for a swap-free account. SuperForex is authorized and regulated by the International Financial Services Commission (IFSC). Traders should be aware that the IFSC is not regarded as a top-tier regulator and therefore might not offer the same levels of protection as other established financial bodies. The broker does ensure compliance with anti-money laundering policies, fund safety via a deposit protection scheme, and segregated client funds.

Overall, I believe that SuperForex can be an excellent choice for those of you who want easy access to trade lots of currency pairs with very good trading conditions. They are an established broker that is out to satisfy its customers, regardless of their trading requirements. Whatever your needs, there is something for everyone to trade, with hundreds of trading instruments and user-friendly platforms to choose from.

The texts on this page are not are not investment recommendations. Spreads are variable from 0.0 pips and offer various bonus programs and contests for all customers. With these programs, customers can participate and win prizes, making the trading experience fun more than ever. SuperForex also has mobile trading where traders can trade whenever and wherever connected to the internet. A demo account gives traders a risk-free glimpse of what trading with a particular broker looks like so that they can decide if they want to do business with them. SuperForex gives its clients a well-rounded offer with the MT4 trading platform, many account options, bonuses and much more.

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