Superforex account type
With superforex you are free to choose among a wide variety of trading accounts.
New forex bonuses
Each individual type of account comes with different conditions, so it is important that you choose the one that is right for your strategy and goals. Here you can find an overview of all of the account types we currently offer, which can hopefully help you make an informed decision and identify the right type of account for your needs. * it means that client still deposit and withdraw in USD. Conversion will be provided even if he deposit/withdraw in cryptocurrencies
Superforex STP accounts
Compare types of accounts
With superforex you are free to choose among a wide variety of trading accounts. Each individual type of account comes with different conditions, so it is important that you choose the one that is right for your strategy and goals. Here you can find an overview of all of the account types we currently offer, which can hopefully help you make an informed decision and identify the right type of account for your needs.
Standard | swap free | no spread | micro cent | profi STP | crypto | |
---|---|---|---|---|---|---|
account currency | USD, EUR, GBP, RUB, ZAR, NGN, CNY, BDT, INR, THB | USD, EUR, GBP, RUB, IDR, MYR, AED, ZAR, NGN, BDT | USD, EUR, GBP | USD, EUR | USD, EUR, GBP, ZAR | USD* |
maximum deposit | unlimited | unlimited | unlimited | limited 3000 USD/EUR | unlimited | unlimited |
minimum deposit | 1 USD / 1 EUR | 1 USD / 1 EUR | 100 USD / 100 EUR | 1 USD/ 1 EUR | 500 | 100 USD |
compatible with bonuses | all bonuses | all bonuses | welcome, energy, hot, dynamic | welcome, energy, hot, dynamic | welcome, energy, hot, dynamic | welcome, energy, hot, dynamic |
lot size | 10 000 USD | 10 000 USD | 100 000 USD | 10 000 cents | 100 000 USD | 10 BTC |
maximum leverage | 1:1000 | 1:1000 | 1:1000 | 1:1000 | 1:2000 | 1:10 |
swap | included | no | no | no | included | no |
spreads | fixed | fixed | 0 | fixed | 0 | fixed |
forex сopy | included | included | no | no | no | no |
more info | more info | more info | more info | more info | more info |
* it means that client still deposit and withdraw in USD. Conversion will be provided even if he deposit/withdraw in cryptocurrencies
Demo account
Acquire trading skills without risking any cents
About the demo account
A demo account is perfect for beginners. If you are just starting your journey on the forex market and have never done currency transactions before, open a demo account.
Experienced traders can also benefit from this account type when they need to try out a new strategy in practice without using any real money.
After opening a demo account, you will get the opportunity:
- To test the possibilities of the trading terminal and get acquainted with its functions
- To learn how transactions are made and how they are executed
- To familiarize yourself with the graphic options of the terminal
- To acquire the necessary experience that will help you work with real money without difficulty and fear
Detailed information
account currency | USD, EUR, GBP |
maximum deposit | 50000 USD |
minimum deposit | 100 USD |
compatible with bonuses | no |
lot size | 0.01-100 USD |
maximum leverage | 1:10 |
swaps | yes |
spreads | fixed |
forex сopy | no |
* notice: you cannot withdraw profit from this type of account.
Superforex account type
Вы можете попробовать работу всех сервисов компании superforex, открыв полноценно функционирующий демо-счет. Этот тип счета отлично подходит, чтобы попробовать на практике существующие торговые стратегии и создать свою. Однако вы не сможете получить реальную прибыль с демо-счетом. Когда вы будете готовы торговать реальными деньгами, вы сможете открыть реальный счет.
Компания superforex - это международный биржевой брокер, лицензированный комиссией по международным финансовым услугам (IFSC). Мы предоставляем финансовые и инвестиционные услуги высшего качества частным и корпоративным клиентам, обеспечивая доступ к более 100 рынкам европы, азии и ближнего востока. Мы предлагаем клиентам большой выбор финансовых инструментов для алгоритмической или самостоятельной торговли, управления капиталом и инвестициями. Наша высокообразованная и опытная команда профессионалов, преданных своему делу, занимается постоянным усовершенствованием и развитием услуг компании superforex.
Профессиональные услуги, инновации в технологиях, открытость и лояльность - это лишь некоторые из причин выбора наших клиентов. Наша страсть и преданность своему делу и индустрии, то что отличает нас от наших конкурентов. В компании superforex мы стремимся к разработке и реализации первоклассных технологий для обеспечения высокого уровня услуг, который способен удовлетворить даже самых требовательных клиентов. Мы осознаем важность ведения бизнеса в безопасной и стабильной среде, поэтому вся наша деятельность основана на прозрачности и честности. Мы предоставляем нашим клиентам большой выбор финансовых услуг и инвестиционных продуктов для успешной торговли и предлагаем различные ее варианты, для удовлетворения потребностей как частных, так и корпоративных клиентов.
Мы, в компании superforex, знаем ценность денег; мы знаем также, как важны они для трейдеров. Поэтому мы разработали систему безопасности, благодаря которой у клиентов есть уверенность в том, что их депозиты будут доступны только им. Клиенты могут выбрать среди большого количества безопасных платежных систем, наиболее удобную для себя. Наш сайт использует SSL сертификат, который обеспечивает сохранность ваших данных. Ваши деньги защищены благодаря нашей политике сегрегированных счетов. Кроме того, мы предлагаем программу страхования депозита, которая позволяет трейдерам хеджировать инвестиции от убытков.
Superforex demo account
Superforex demo trading accounts
New investors at superforex usually start trading with a free demo account, so that they can familiarize themselves with the forex trading platform. This is a very important step at the beginning of your investing journey. You need to properly understand the way that their software works, so that you will not be stuck when you are ready to invest or make a trade.
It is a good thing that superforex offers all their new customers a free practice demo trading account. You will be able to see order types, margin requirements, stop loss and take profit settings.
Advanced traders and investors will need to plug in their expert advisor robot, and maybe even setup an API connection to their VPS. Latency is an issue with all brokers, so therefore, people usually focus on a local company to trade with.
Practice accounts vs. Real accounts.
A demo trading account is the perfect way to test out your newest trading strategy. If you are building an algorithm, you would have to be crazy to not first test it on a demo account.
There are a few differences in a demo account, as opposed to a real account.
- The money is virtual, or paper money. This way, if you lose the $100K, you can start again.
- Psychologically investors are not as cautious when using a demo account. This causes them to place riskier trades, and sometimes gain huge profits, which are fake.
- All trades will execute on a demo account, but in a real account there are sometimes liquidity issues which will prevent an execution.
- Market prices on demo accounts are not always accurate. Spreads are shown tighter, than in real live market conditions.
- Some brokers don’t show all available underlying assets in the demo account.
How to open a superforex demo account?
In order to open a demo account at superforex , you will need a valid phone number and an email address.
Go to: https://my.Superforex.Com/demo/register
Once you are there; enter your name, email address and phone number, and select the how much leverage you want, up to 1000:1. Choose the account type, no spread or standard, and enter the starting balance for the demo account.
And that is all you will need to do to get your account opened. You will be able to play with their proprietary trading station software, or their metatrader 4 (MT4) software.
Superforex demo trading account
Compare forex brokers
Forex brokers are international companies, handling clients from all over the world. Some have restrictions on accepting clients from sanctioned countries like sudan and north korea. Brokers from belize can not accept investors from countries like the united states. When researching a broker, it is very important that you find one which is licensed by your local government’s monetary authority.
A locally licensed broker is better because of a few reasons.
- They are licensed in your country, and your money is secure.
- Spreads on forex pairs with your local currency are tighter. For example; united kingdom brokers have tighter spreads on GBP/EUR than an australia or south africa broker.
- Latency, which is the amount of time it takes to confirm an order, happens faster. Although the internet is very fast, there exists latency issues when connecting from canada to australia.
Superforex broker review summary
Superforex is a popular forex broker in asia, offering new investors the ability to invest online and learn about trading.
They offer a wide range of products to trade CFD’s. You will find forex currency pairs, commodities (oil, natural gas), precious metals (gold, silver, platinum etc.) and market indexes (S&P 500, nikkei, nasdaq).
Superforex is licensed and regulated in belize by the international financial services commission. They are a popular broker in malaysia, indonesia and nigeria.
Superforex review
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 review – broker features
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 review introduction
In this superforex review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including superforex.
Superforex platforms & tools
The broker provides traders with the popular metatrader 4 trading platform. The MT4 is versatile and has the webtrader version, windows desktop application, and the mobile app versions for android and ios devices. The mobile app version has almost all of the same features of the MT4 desktop and integrates seamlessly with the MT4 accounts. It can be downloaded from relevant app stores for trading on the go.
Superforex review – MT4 mobile
There is also the superforex trading cabinet, an android app that is developed by superforex; it integrates with the client’s cabinet area of the website and also has other features, including:
- Funding or withdrawing from your accounts right from the app.
- Viewing the complete trading history
- Full access to the client support desk
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.
Superforex review – market analysis
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.
Superforex review – trading videos
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 transfer, 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 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.
It is worth mentioning that some of the trading products and services in this superforex review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the superforex broker website which you can visit by using the link below.
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Superforex
Spreads
Liquidity
Commissions
Support
Regulation
Features
- Metatrader 4 platform
- Multiple trading tools
- Over 300 trading instruments
- A good choice of educational materials
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All information on the forex geek website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the forex geek and any authorized distributors of this information harmless in any and all ways. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Superforex review
Superforex
Reason to avoid: offshore license
Listed date: september 20, 2018
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Beware superforex is a non-regulated broker. It is NOT SAFE to trade.
About superforex
️ registered in | belize |
️ type of license | offshore license |
️ is superforex safe to trade | no |
️ recommended licenses | FCA in UK & ASIC in australia |
alternative broker | FP markets - licensed by ASIC in australia |
Is superforex a scam or legit broker?
No, it is not safe to trade with superforex. Superforex is owned by superforex ltd. Which is an offshore company registered in belize.
Superforex is incorporated and licensed by an IFSC forex broker with its registered office in belize. Yet, belize is a known offshore zone that delivers slight and operational requirement conditions to the financial service providers. Therefore, it became an offshore zone for shady forex brokers such as trading epic, bluemax capital and more. We have a detailed article explaining the risk of trading with brokers from belize.
As claimed on the official website superforex grants access to all the major trading platforms in the world, while users may benefit from a brief forex training course by opening a free demo account and learn the basic steps along with the quite competitive trading conditions.
The services of the company offered to the retail and institutional traders, while there is no strictest application to the rules of business conduct, comparing to the reputable forex authorities alike FCA (UK) and ASIC (australia). There are currently many brokers who establish their office in belize since the company gains access to a worldwide client while stating their official regulation. But once again, in fact, IFSC is a rather self-regulatory authority that did not implement sharp follow of standards.
Generally, we do not advise to open an account and engage in trading with the offshore brokers, since it may incur significant risks even if the offering sounds very attractive. As the company not overseen regularly by the licensor or the forex industry professional authority, there are many questions in regards to how the company manages traders and overall operation.
In superforex case it has also been confirmed by some number of negative responds and reviews from their clients, while the traders faced issues with the money withdrawal or some inconvenient processes during the trading sessions or position openings.
We advise all investors and traders to avoid superforex and other brokers from belize. Traders should trade with well-regulated brokers such as UK brokers or brokers in australia and reliable brokers such as city index and XM.Com.
At first they make it look like a good oppertunity to go for the bonus deals. But when you’ve excepted the bonus deals you are limited to some very bad and shady rules: 1: stoploss can’t be placed thight to the positions. 2: orders sometimes can’t be executed when the market doesn’t move, this makes your position stuck. 3: when accepting the bonus deals you can’t withdraw your profit. You can only withdraw twice the amount you have deposited. AND if you have deposited lets say 100 dollars you can only withdraw 100 dollars of profit whenever you traded 100 lots aswell. Because of this rule it is practically impossible to withdraw profits. 4: take profits cant be placed close to the current price 5: they keep falling back to their saying: “it’s in the agreement you agree with when accepting the bonus”. But this list with conditions is pretty big and a lot to read when you want to create the account. Tiny letters politics I call this…. 6: spreads are awfull, you are not able to make quick trades. I might had more bad things to say about superforex, but I can’t remember them right now. Ill update them below if I rememberd some. #######!I JUST WANT TO WARN YOU!####### the spreads are awfull, you cant withdraw profits like it should, stoplosses and take profits are worthless because of the minimum distance with the current price and the orders cant be executed for like 3-5minutes. I hope everyone will listen to this awfull experiance with superforex. Don’t make the same mistakes I made.
Superforex
User reviews
*3 stars are standard line.
Superforex global menu
Recommended contents
Overview of superforex
Superforex has a number of bonus promotions and trading contests, while offering attractive trading conditions through a number of account types.
*subject to superforex's order execution rules
Total 9 currencies
*all information on this website is referred from original ones where each forex broker's official homepage describes at the time. Some information on the website are summarised to make viewers understand each service better. It maybe different from the service provided to you depends on the account type and platform you use. Although we strive to provide the newest and correct information at anytime, we do not guarantee the accuracy of those information. Please make sure checking terms and conditions and other trading options on yourself.
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Superforex latest promotions
Welcome bonus & no-deposit bonus
Superforex $50 no deposit bonus
Superforex is now welcoming all new traders by giving away 50 USD for free.
Deposit bonus
Superforex membership club bonus
Join superforex's membership club to for extra benefit you can get.
Superforex 1000% easy deposit bonus
Get superforex's 1000% easy deposit bonus to get
Superforex 50% welcome+ bonus
Get superforex's 50% welcome+ bonus together with 25% dynamic bonus to increase your trading margin.
Superforex 25% dynamic bonus
Receive 25% bonus on every deposit you make and withdraw them all by trading every standard lot.
Superforex 60% energy bonus
Superforex's 60% energy bonus for the unlimited amount and number of accounts.
Superforex 202.0% hot bonus
Superforex offers 202.0% hot bonus for the unlimited amount. You can get it on every live account you open.
Other promotions & campaigns
Superforex 5% annual interest income
Start earning 5% annual interest just by making a deposit to superforex.
Superforex deposit protection program
Superforex's deposit protection program will save you from losses.
Superforex table of contents
Who is superforex?
Superforex is an online forex and CFD broker with a number of bonus promotions and trading contests.
Superforex brand was founded in 2013, and has been offering the service to traders from more than 150 countries.
Along with the number of bonus promotions and trading contests, superforex has everything traders need for online trading.
With superforex, you can also start trading using your mobile phones such as android, tablet, iphone and ipad.
Superforex offers more than dozens of fund deposit and withdrawal methods through its secure client portal.
For novice traders, superforex has a complete set of educational materials and also forex copy trading system where you can copy profitable trades of professional traders in real time.
Superforex’s trading account types
With superforex, you can choose from more than 10 different account types.
See the table below for the list and the comparison of superforex’s all account types.
STP account type | standard | swap free | no spread | micro cent | profi STP | crypto |
---|---|---|---|---|---|---|
account base currencies | USD, EUR, GBP, RUB, ZAR, NGN, CNY, BDT, INR, THB | USD, EUR, GBP, RUB, IDR, MYR, AED, ZAR, NGN, BDT | USD, EUR, GBP | USD, EUR | USD | USD (BTC) |
required minimum deposit | $1 | $1 | $100 | $1 | $5000 | $100 |
maximum account balance | unlimited | unlimited | unlimited | up to $3000 | unlimited | unlimited |
maximum leverage | 1:1000 | 1:1000 | 1:1000 | 1:1000 | 1:200 | 1:10 |
1 lot size | 10 000 USD | $100,000 | $100,000 | $100,000 | $10,000 cents | 10 BTC |
swap points | credited and charged | none | none | none | credited and charged | none |
spread type | fixed | fixed | variable | fixed | variable | fixed |
forex copy | available | available | none | none | none | none |
available bonuses | all bonuses | all bonuses | welcome, energy, hot, dynamic | welcome, energy, hot, dynamic | welcome, energy, hot, dynamic | welcome, energy, hot, dynamic |
The above table shows only the STP account types of superforex MT4.
There are also ECN account types of superforex.
Go to superforex official website to see the full list of all account types.
Superforex’s bonus promotions and contests
Superforex runs various bonus promotions and trading contests for traders.
See the comparison table of superforex’s all bonus promotions below.
Bonus promotion | no deposit bonus | easy deposit | welcome | energy | hot | dynamic |
---|---|---|---|---|---|---|
required deposit | none | $1 | $1 | $1 | $1 | $100 |
maximum deposit | none | $10 | unlimited | unlimited | unlimited | unlimited |
maximum leverage | 1:200 | 1:200 | 1:1000 | 1:1000 | 1:1000 | 1:1000 |
maximum volume | 0.5 lots | 1 lot | unlimited | unlimited | unlimited | unlimited |
withdrawal of bonus | unavailable | unavailable | unavailable | unavailable | unavailable | possible |
withdrawal of profit | available | available | available | available | available | available |
account verification | required | required | not required | not required | not required | not required |
withdrawal canceling bonus | in full | partly | partly | in full | in full | partly |
number of bonuses | once | once | once per account | once per account | once per account | once per account |
bonus credited for | once | once | on each deposit | on each deposit | once | on each deposit |
compatibility | incompatible | incompatible | dynamic | hot | energy | welcome |
available for | all superforex traders | all superforex traders | all superforex traders | all superforex traders | all superforex traders | all superforex traders |
With superforex, you can also open multiple trading accounts to receive each bonus for each account.
Check out more details of each bonus promotion, and get all the benefits from superforex.
Visit superforex’s FAQ website to find answers to all your questions.
Posted by FXBONUS.Info
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Popular faqs
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Recent comments
Comment by trust
I come here as a XM client ,I have created an account but I didn't not get my bonus
Comment by amas
My experience with xtrade was terrible. Fbs is great because I manage my bonus online everything is smooth.
Comment by fraz
Great tool for forex! Love how easy market help us trade to profit so i recomend easy market for you
Comment by ramsy
I login but no place to request bonus for free. Why is that. How to get no deposit bonus?
Comment by purple
Everyone your fbs loyalty points expires in a month so be careful. Better use it now than later.
Comment by dan
WCX possible fraud! WCX does not allow payouts (disable account). We have deposited our funds, traded them (30 BTC)! When trying to withdrawal we lost the welcome bonus accor.
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Here you can find the list of online forex & CFD brokers which run bonus promotions.
Superforex – great forex brokers review
Superforex.Com in short
Superforex is the trade name of the superfin corp, which is authorized and regulated by the international financial services commission (IFSC) in belize. The company claims to have a professional attitude, high-quality service, innovative technologies, and transparent policies. Superforex is aimed at both retail and corporate clients and therefore offers a constantly expanding range of trading assets. Customers can trade cfds on currency pairs, commodities, indices, shares and cryptocurrencies via the popular metatrader 4 (MT4) terminal.
Regulation
According to the provided legal documents on the website, superfin corp., operating under the trading name superforex is registered in belize under number 137723 and is authorized and regulated by the international financial services commission (IFSC) of belize under license number 00160/141. In 2016, IFSC increased its capital requirements so that the minimum required funds for a broker to operate is now USD 500,000.
Account types
There are two main types of live accounts – STP accounts and ECN accounts, which you can open with superforex. Each type consists of several subtypes.
STP accounts:
Standard – the minimum deposit amount is USD1 and the maximum leverage is up to 1:1000. The spreads are fixed and the value for the EUR/USD pair is 2 pips and for crude oil it is USD0.25. In addition, the copy trading feature is included.
Swap free – the minimum deposit amount is USD1 and the maximum leverage is up to 1:1000. The spreads are fixed and the value for the EUR/USD pair is 2 pips and for crude oil it is USD0.25. In addition, the copy trading feature is included. The only difference is that the swap is not included.
No spread – the minimum deposit amount is USD100 and the maximum leverage is up to 1:1000. The spread is zero for all instruments at the expense of some commission. The copy trading feature is not included.
Micro cent – the minimum deposit amount is USD1 and the maximum leverage is up to 1:1000. The maximum deposit is limited to USD3,000. The spreads are fixed and the value for the EUR/USD pair is 2 pips and for crude oil it is USD0.25. The copy trading feature is not included. One lot has a value of 10,000 cents.
Profi STP – the minimum deposit amount is USD500 and the maximum leverage is up to 1:2000. The maximum deposit is unlimited. The spread is zero for all instruments at the expense of some commission. The copy trading feature is not included. One lot has a value of 100,000 USD.
Crypto – the minimum deposit amount is USD100 and the maximum leverage is up to 1:10. You can trade only cryptocurrencies. The spreads are fixed and the value for the BTC/USD is USD500 and for the LTC/USD it is USD60. The copy trading feature is not included.
ECN accounts:
ECN standard – the minimum deposit amount is USD1 and the maximum leverage is up to 1:1000. You can trade 166 instruments with floating spreads and the value for the EUR/USD pair is nearly zero. The lot size is 100,000 USD and copy trading features are not included.
ECN standard mini – the minimum deposit amount is USD1 and the maximum leverage is up to 1:1000. You can trade 100 instruments with floating spreads (shares and indices). The lot size is 10,000 USD and copy trading features are not included.
ECN swap-free – the minimum deposit amount is USD1 and the maximum leverage is up to 1:1000. You can trade 166 instruments with floating spreads and the value for the EUR/USD pair is nearly zero. The lot size is 100,000 USD and copy trading features are not included.
ECN swap-free mini – the minimum deposit amount is USD1 and the maximum leverage is up to 1:1000. You can trade 100 instruments with floating spreads (shares and indices). The lot size is 10,000 USD and copy trading features are not included.
ECN crypto – the minimum deposit amount is USD100 and the maximum leverage is up to 1:10. The lot size is 10 BTC and the copy trading feature is not included.
Market maker or STP brokerage?
Legal documents provided on the web page will show how the company acts against the client. The order execution policy file shows that the company will always act as principal (counterparty) when executing orders by clients. Superforex acts as principal and not as an agent on the client’s behalf; therefore, superforex is the sole execution venue for fulfillment of client’s orders. In other words, the company is a market maker that generally makes its money from the spreads that are embedded in the price of the instruments and from the commission charged. However, being a market maker involves a conflict of interest because when the company executes orders, it keeps the risk to itself. Despite the claim that superforex uses a straight through processing model, the order execution policy document shows that the company may transmit customer orders to hedge the risk, but it may not do so. When an order is not hedged, any loss to customers is a profit for the company.
The same document explains that superforex does not guarantee that the exact requested price will be obtained at all times and in any event. It warns that there may be cases in which stop loss orders are not so effective, for example where there are rapid price movements. This means that market orders are subject to slippage and will be filled at the first available market price. In addition, stop loss orders are not guaranteed.
The risk disclosure document informs that customers must be able to bear financial losses significantly more than margin or deposits, as they may lose the total value of the contract, not just the margin or deposit. However, the website claims that the company is implementing a so-called auto-reset balance program. According to the information, this program serves as a shield to prevent your balance from becoming negative. If this happens, the auto-reset balance system will compensate your losses and keep your account at zero.
There are common fees such as spreads and rollovers. We were unable to find information about the so-called inactivity fee, so you can pause trading for as long as you like.
Deposits and withdrawals
There are multiple deposit methods available including bank transfer, credit or debit cards, and e-wallets such as neteller, skrill, sticpay, and by cryptocurrencies. The minimum first deposit is USD1 for standard accounts. The company does not charge any deposit fees. Processing times depend on the payment method and for example bank transfers will be processed within 2-4 business days.
Withdrawals must be made by the same payment method with which the customer’s trading account is credited. There are withdrawal fees for each payment method. If a customer deposits by credit or debit card, the applicable fee is 3% of the deposit amount plus USD7 and the minimum withdrawal amount is USD20. If a bank transfer is used as the method of payment, the withdrawal fee is 3% plus EUR35. The applicable fee for deposits via skrill is 1.5% and for those via neteller is 2%. Processing times depend on the payment method and for example bank transfers will be processed within 2-4 business days, while credit card transfers will be processed within 1-3 hours.
Trading platforms
Customers can trade via one of the most reliable platforms for online trading – metatrader 4 (MT4). MT4 is an award winning terminal that is the preferred choice of all kinds of traders. The terminal offers a customizable interface, a wide range of market and pending orders, different chart types and many technical indicators. If you prefer to place orders using automated trading, you have several tools you can use, called expert advisors (eas).
In addition, traders can use the company’s own trading application called superforex. Unfortunately, it is only available for android devices.
You can trade more than 330 assets with superforex.
Currency pairs – more than 80 major, minor, and exotic currency pairs can be traded. The spread for the EUR/USD pair depends on the trading account and cab be fixed at 2 pips or floating from 0 pips.
Indices – clients can trade cfds on 21 global indices, such as DJIA, nikkei225, euro stoxx 50 etc. The spread for the DAX index can be fixed at 10 points or floating from 0 points.
Commodities – cfds on 120 commodities are available including crude oil and gold, as well as agricultural and grain foods. The spread for gold can be fixed at USD0.80 or floating from USD0.10. The spread for the crude oil can be fixed at USD0.25 or floating from USD0.
Shares – you can trade cfds on 86 US shares. The spread for the apple share is USD1 (fixed) and starts from USD0 (floating). The fixed spread for the tesla share is USD6.
Cryptocurrencies – 9 cryptocurrencies such as bitcoin, litecoin, ethereum, dash, neo, etc. Are available as cfds for online trading in the crypto account. The spread for bitcoin is fixed at USD500.
Copy trading
Opening a standard account allows customers to copy the transactions of more experienced investors. To start using copy trading, you will need to deposit just USD10. Then you can join the community of traders where you can find out the appropriate investor. The investor and followers then negotiate a system of commissions for the copied deals.
Superforex is the trade name of the superfin corp, which is authorized and regulated by the international financial services commission (IFSC) in belize. The documents show that the company acts as a market maker, which leads to some conflict of interest. There are many accounts and trading instruments available. The company provides the popular terminal MT4 and its own mobile application for android devices. You can open a real account with just USD1.
Superforex review
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 review – broker features
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 review introduction
In this superforex review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including superforex.
Superforex platforms & tools
The broker provides traders with the popular metatrader 4 trading platform. The MT4 is versatile and has the webtrader version, windows desktop application, and the mobile app versions for android and ios devices. The mobile app version has almost all of the same features of the MT4 desktop and integrates seamlessly with the MT4 accounts. It can be downloaded from relevant app stores for trading on the go.
Superforex review – MT4 mobile
There is also the superforex trading cabinet, an android app that is developed by superforex; it integrates with the client’s cabinet area of the website and also has other features, including:
- Funding or withdrawing from your accounts right from the app.
- Viewing the complete trading history
- Full access to the client support desk
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.
Superforex review – market analysis
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.
Superforex review – trading videos
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 transfer, 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 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.
It is worth mentioning that some of the trading products and services in this superforex review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the superforex broker website which you can visit by using the link below.
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Superforex
Spreads
Liquidity
Commissions
Support
Regulation
Features
- Metatrader 4 platform
- Multiple trading tools
- Over 300 trading instruments
- A good choice of educational materials
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All information on the forex geek website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the forex geek and any authorized distributors of this information harmless in any and all ways. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Superforex demo account
Superforex demo trading accounts
New investors at superforex usually start trading with a free demo account, so that they can familiarize themselves with the forex trading platform. This is a very important step at the beginning of your investing journey. You need to properly understand the way that their software works, so that you will not be stuck when you are ready to invest or make a trade.
It is a good thing that superforex offers all their new customers a free practice demo trading account. You will be able to see order types, margin requirements, stop loss and take profit settings.
Advanced traders and investors will need to plug in their expert advisor robot, and maybe even setup an API connection to their VPS. Latency is an issue with all brokers, so therefore, people usually focus on a local company to trade with.
Practice accounts vs. Real accounts.
A demo trading account is the perfect way to test out your newest trading strategy. If you are building an algorithm, you would have to be crazy to not first test it on a demo account.
There are a few differences in a demo account, as opposed to a real account.
- The money is virtual, or paper money. This way, if you lose the $100K, you can start again.
- Psychologically investors are not as cautious when using a demo account. This causes them to place riskier trades, and sometimes gain huge profits, which are fake.
- All trades will execute on a demo account, but in a real account there are sometimes liquidity issues which will prevent an execution.
- Market prices on demo accounts are not always accurate. Spreads are shown tighter, than in real live market conditions.
- Some brokers don’t show all available underlying assets in the demo account.
How to open a superforex demo account?
In order to open a demo account at superforex , you will need a valid phone number and an email address.
Go to: https://my.Superforex.Com/demo/register
Once you are there; enter your name, email address and phone number, and select the how much leverage you want, up to 1000:1. Choose the account type, no spread or standard, and enter the starting balance for the demo account.
And that is all you will need to do to get your account opened. You will be able to play with their proprietary trading station software, or their metatrader 4 (MT4) software.
Superforex demo trading account
Compare forex brokers
Forex brokers are international companies, handling clients from all over the world. Some have restrictions on accepting clients from sanctioned countries like sudan and north korea. Brokers from belize can not accept investors from countries like the united states. When researching a broker, it is very important that you find one which is licensed by your local government’s monetary authority.
A locally licensed broker is better because of a few reasons.
- They are licensed in your country, and your money is secure.
- Spreads on forex pairs with your local currency are tighter. For example; united kingdom brokers have tighter spreads on GBP/EUR than an australia or south africa broker.
- Latency, which is the amount of time it takes to confirm an order, happens faster. Although the internet is very fast, there exists latency issues when connecting from canada to australia.
Superforex broker review summary
Superforex is a popular forex broker in asia, offering new investors the ability to invest online and learn about trading.
They offer a wide range of products to trade CFD’s. You will find forex currency pairs, commodities (oil, natural gas), precious metals (gold, silver, platinum etc.) and market indexes (S&P 500, nikkei, nasdaq).
Superforex is licensed and regulated in belize by the international financial services commission. They are a popular broker in malaysia, indonesia and nigeria.
So, let's see, what we have: our company offers various types of forex accounts with their unique functions and capabilities. Also, you can open the selected account directly on the page. Types that we have: standard, swap-free, micro cent, profi-STP, no spread, crypto and demo. At superforex account type
Contents of the article
- New forex bonuses
- Superforex STP accounts
- Compare types of accounts
- Demo account
- About the demo account
- Detailed information
- Superforex account type
- Superforex demo account
- Superforex demo trading accounts
- Practice accounts vs. Real accounts.
- How to open a superforex demo account?
- Compare forex brokers
- Superforex broker review summary
- Superforex review
- Superforex review introduction
- Superforex platforms & tools
- Superforex research & education
- Superforex trading accounts
- Superforex account funding
- Superforex customer service
- Superforex regulation
- Superforex review summary
- Superforex
- Features
- Best forex robots
- Get my free forex robot!
- Best forex brokers
- Superforex review
- Top 3 forex brokers
- Is superforex a scam or legit...
- User reviews
- Superforex global menu
- Recommended contents
- Overview of superforex
- Superforex latest promotions
- Welcome bonus & no-deposit bonus
- Deposit bonus
- Superforex membership club bonus
- Superforex 1000% easy deposit bonus
- Superforex 50% welcome+ bonus
- Superforex 25% dynamic bonus
- Superforex 60% energy bonus
- Superforex 202.0% hot bonus
- Other promotions & campaigns
- Welcome bonus & no-deposit bonus
- Superforex table of contents
- Who is superforex?
- Superforex’s trading account types
- Superforex’s bonus promotions and contests
- Posted by FXBONUS.Info
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- Superforex review
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- Superforex account funding
- Superforex customer service
- Superforex regulation
- Superforex review summary
- Superforex
- Features
- Best forex robots
- Get my free forex robot!
- Best forex brokers
- Superforex demo account
- Superforex demo trading accounts
- Practice accounts vs. Real accounts.
- How to open a superforex demo account?
- Compare forex brokers
- Superforex broker review summary
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