SuperForex review and test – is it a scam broker or not?
Table of Contents
REVIEW: | REGULATION: | ASSETS: | MIN. SPREADS: | MIN. DEPOSIT: |
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(4 / 5) | IFSC (Belize) | 6 Classes, 400 markets | Variable from 0.0 Pips | $ 1 |
Honesty is the most significant factor traders seek in a forex broker to entrust their investments. How transparent is SuperForex? Does this broker really stand to its word as an honest broker? In this review, we will discuss SuperForex as a trading partner (broker). Together, we will find out if this firm can be trusted and if it is truly a legit Forex Broker.
Trade from 0.0 pips over 3,000 markets without commissions and professional platforms:
(Risk warning: 76% of retail CFD accounts lose money)
What is SuperForex? – The company presented
SuperForex is a global broker founded in 2013 with a mission to make Forex available to everyone. The firm has been offering top-tier services that cover trading and investment in the financial markets for both individual and corporate clients in over 150 countries all around the globe. It offers its clients the ability to trade CFDs, Forex, cryptocurrencies, gold, metal, stock, oil, and indices.
According to the CEO of SuperForex, Vladimir Syrov, the firm has developed and implemented advanced technologies and first-class services in making trading as easy and convenient as possible. This broker offers its clients the ability to choose among a wide range of financial instruments for trading, investment, and funds management. Its pride is its highly professional team, which is always working on the development, betterment, and improvement of its products and services.
The goal of SuperForex is to exceed the client’s expectations. This goal is driven by SuperForex’s mission by making Forex trading services innovative and customizable worldwide, and available 24/7. SuperForex commits to giving its best in carrying out values of transparency and honesty to its clients.
Facts about SuperForex:
- Founded in 2013
- Global and accepts international traders
- Based in Belize
- Regulated and authorized
- Offers transparent and honest trading experience
- Offers investment with Forex and CFDs
The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:
Broker: | Review: | Advantages: | Free account: | ||||||||
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1. Capital.com | (5 / 5) ➔ Read the review | # Spreads from 0.0 pips # No commissions # Best platform for beginners # No hidden fees # More than 3,000+ markets | Live account from $ 20: (Risk warning: 76% of retail CFD accounts lose money) Review of the trading conditions for tradersSuperForex promotes giving its clients the freedom to execute their full trading style and strategies. The firm offers its client full power to not give a limited deposit and withdrawal. The minimum deposit is only $1 and there are no deposit and withdrawal fees. The firm understands that each trader is different and has developed its trading platforms to suit any type of trader. The company offers a free demo account in order to practice first without using real money and to avoid unintentional trading execution. All accounts offered by SupeForex are bound by the corresponding legal agreements (terms of use). It is regulated and authorized by International Financial Services Commission (IFSC), and offers a wide range of markets (400+) with 6 classes of trading assets. 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. It has free educational materials and programs that can be a big help in any trader’s trading journey. SuperForex offers traders the following ways of teaching: seminars, webinars, educational literature, distance courses. Also, the firm has free eBooks and a Forex Glossary. These materials are free and can be accessed by registering on SuperForex’s official website. As SuperForex commits to providing its client’s top-quality services, the firm has been reviewed by a number of international Forex authorities assessing the products offered by brokerage companies. The company takes pride in its achievements and has gathered several awards for its excellence. In the year 2015, it won two awards namely: ‘Best Newcomer by Forex report and ‘Fastest Growing Broker’ by ShowFXWorld. The following year, 2016, SuperForex was named ‘Best Forex Broker in MENA region’ by ShowFX World, and last year,2018, it won as ‘Best Affiliate Program’ by ShowFX World. With this said, we can say that SuperForex has been excelling with the products and services it offers. Facts about the conditions for traders:
Trade from 0.0 pips over 3,000 markets without commissions and professional platforms: (Risk warning: 76% of retail CFD accounts lose money) Test of the SuperForex trading platformSuperForex offers its traders the most reliable and innovative trading technology service platform. MetaTrader 4 is the most popular platform amongst traders and is the preferred choice of trading professionals. The SuperForex MetaTrader 4 platform is an award-winning platform and is designed to provide fast and accurate brokerage services to customers in FX, CFDs, and futures markets. SuperForex offers MetaTrader 4 platform for PC, Android, and iPhones SuperForex offers the following platforms:
SuperForex MetaTrader 4 for PCSuperForex MetaTrader 4 for PC offers fast execution and has a customizable interface. This platform has a wide range of tools for trading. It enables traders to switch between accounts, access full trading history, and has 39 graphics objects. The platform has advanced trading tools that add ups to a better trading experience. It is designed to provide not only fast but as well as accurate brokerage services for customers trading Forex, CFDs, and futures markets. MT4 is a well-known, award-winning trading terminal choice of traders and is used by millions all over the globe. The platform offers a complete yet simple view of trading instruments. With this said, it is suitable for any type of trader – new to trading and as well a professional. Trade from 0.0 pips over 3,000 markets without commissions and professional platforms: (Risk warning: 76% of retail CFD accounts lose money) SuperForex MetaTrader 4 for Android and iPhoneSuperForex MetaTrader 4 for Mobile is an application designed for use on portable devices. This app gives traders an advantage in trading in the palm of their hands anytime and anywhere connected to the internet. This mobile platform is available for Android and iOS. This is free to download in GooglePlay for Android and AppStore for iOS. SuperForex MetaTrader for Android and iOS enables traders to trade Forex at any time and at any location. It has a user-friendly interface, 400 trading instruments, 9 timeframes, 38 technical indicators, and a minimum flow of internet traffic. Also, it gives traders full control over their accounts. Plus, trading history can be accessed and can perform execution of all standard operations. SuperForex MT4 software special feature – Pattern GraphixPattern Graphix is a special feature of the SuperForex MT4 Platform. This nifty bit of software is a perfect guide for the trading Forex market. It is an expert advisor software that works in conjunction with the MT4 trading platform. This tool is offered free by SuperForex and is very helpful. It has the ability to identify patterns for the customer and also makes suggestions on appropriate trades which instruments may apply to it. With that said, traders can get proper advice on what might be good opportunities. Pattern Graphix will mark everything important on the chart. It does all the technical thinking for the trader, and then it’s up to the trader to decide what to do with that information. Facts about SuperForex platforms:
Trade from 0.0 pips over 3,000 markets without commissions and professional platforms: (Risk warning: 76% of retail CFD accounts lose money) Professional charting and analysis is possibleIn order to get better trading results, traders need to learn how charting and analysis work. Charts illustrate the movement of prices in the market. With the help of charts, traders can see better and understand better the volatility of the prices in the markets and help them better in deciding when to make trades. When combined with technical analysis, you can expect good results. A technical indicator is a tool for technical analysis. This is a mathematical calculation based on historic price, volume, or open interest information. This tool helps you forecast the financial market direction. These tools would help you know what will be your next move in order to get a plus. Both of these tools are possible with SuperForex. The firm even has free educational materials and articles that talk about the analysis of the markets. This includes international markets and different currencies. Also, for the foreign exchange market, one cannot do without qualitative and regular analytics. SuperForex offers news and analytical materials related to Forex on their site which traders will find helpful in making trading decisions. SuperForex has an analytical department that daily analyzes the main financial instruments and publishes the latest financial news, forecasts, and reviews, namely: economic news, technical analysis, trading signals, and an economic calendar. Charting and analysis for traders:
Review of the Mobile Trading (App) by SuperForexSuperForex offers Mobile Trading with its MetaTrader 4 Platform for android and iOS. This is an application designed for use on portable devices and gives traders an advantage in trading in the palm of their hands anytime and anywhere connected to the internet. SuperForex MetaTrader for Android and iOS enables traders to trade Forex at any time and at any location. It has advanced features that include a user-friendly interface, 400 trading instruments, 9 timeframes, 38 technical indicators, and a minimum flow of internet traffic. Also, it gives traders full control over their accounts. Traders can track their quotes in real-time and receive trading signals. With this app, you can merge your accounts, read analytical articles whenever and wherever you are as long as connected to the internet. Also, you can track economic news in the palm of your hand. Trading history can be accessed as well on this app and can perform the execution of all standard operations. This is free to download in GooglePlay for Android and AppStore for iOS. Features of App:
Trade from 0.0 pips over 3,000 markets without commissions and professional platforms: (Risk warning: 76% of retail CFD accounts lose money) How does trading with SuperForex work? – Step by step tutorialBetter trades are achieved when considering the trend and volatility of the markets. SuperForex offers educational materials that include basic knowledge in trading. Before trading any markets, you need to know how the movement of the market affects your results and how to trade on them. The movement of the market is the most important thing you need to keep track of. Volatility means the degree of the varieties in a trading price, over a period of time. In most cases, when the volatility is high, high risk is required. In order to start trading, you need first to select a market you wish to trade on. Then you have to choose which asset you want to trade and choose the size of the right position. After that, open the order mask and customize your position. Once you customize your position, you should decide whether to buy or sell to open a position (investing in rising and falling markets). Step by step trading tutorial:
Trade from 0.0 pips over 3,000 markets without commissions and professional platforms: (Risk warning: 76% of retail CFD accounts lose money) Open your free demo account with SuperForexSuperForex offers free Demo Accounts and this type of account is perfect for beginners. Also, experienced traders can benefit from this account type in practicing their new strategies without using any real money. A demo account enables you to test the possibilities of the trading terminal and get acquainted with its functions. By using it, you can learn how transactions are made and how they are executed, familiarize yourself with the graphics options of the terminal, and acquire the necessary experiences needed in going live. We highly recommend getting a demo account first in order to avoid unintentional trading execution. A demo account is perfect for your first journeys in trading, especially on the trading Forex market. Trading requires high risks of investments and you should be aware of it. It is easy to register or create a demo account with SuperForex. Just fill in certain details asked (email, password, leverage preferred, etc.) and you should be good to go. Account types with SuperForexSuperForex offers a Free demo account and a real account. It is easy to register or create a demo and real account with SuperForex. Just fill in certain details asked (email, password, leverage preferred, etc.) and you should be good to go. A Demo Account is an account where you can practice your trading skills, trading strategies, and be comfortable with the platform. This account is perfect as well for beginners. This account will have its own virtual funds and enables you to trade without the use of real money. The functions of this account are similar to a Real Account. On the other hand, a Real Account is for experienced traders or if you wanna go live and use real money. SuperForex Real Account requires $1 as the minimum deposit. We highly recommend first get a demo account to avoid unintentional trading execution. Trading requires high risks in your investments. If you feel like you are not ready yet, it is best first to practice on a demo account. SuperForex offers the following accounts:
As you see above, SuperForex is offering accounts for every type of capital. You can start with a small amount of money to trade the financial markets. The pro account is the best for traders but you have to do a big deposit. If you deposit more money the broker can give you better conditions. We recommend using the no spread account. In our opinion, it is the best solution for retail traders. The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:
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