superforex review

Although Belize is considered an offshore jurisdiction for forex brokers, it is among the countries that does regulate forex brokers. However, it is worth noting that the regulations here are far more relaxed than what would be the case in regions like Europe, North America or Australia. Yes, SuperForex makes multiple additional features available including bonus offers, competitions, and more. Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader.

Payment Methods

Other video tutorials demonstrate how to utilise SuperForex services such as Forex Copy, Bonuses, MT4, and so on. 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. SuperForex has created a managed investment portfolio comprising CFDs, stocks, and cryptocurrencies.

SuperForex Instruments Summary

The broker provides clients with the MetaTrader 4 trading platform, offering competitive spreads, high leverage, and low minimum deposit. SuperForex is a well-established broker and regulated by the IFSC. superforex review The broker strives to meet the needs of its clients according to their needs. There is something for everyone to trade with hundreds of trading products and user-friendly platforms to pick from.

How does trading with SuperForex work? – Step by step tutorial

superforex review

Despite the many positives, I feel they could improve regulation to gain the confidence of a wider audience. SuperForex is an online broker that is committed to satisfying traders. 👉 SuperForex provides a variety of account kinds, allowing traders to choose the one that best suits their background, investment amount, and trading experience. The broker offers a diverse choice of efficient, fast, and easy payment methods to suit customers from a variety of nations with varying payment requirements.

Superforex is a great Broker

👉 SuperForex claims to be regulated by the International Financial Services Commission (IFSC) in Belize. However, there is no license or reference number given and upon further investigation, SuperForex’s regulatory status cannot be confirmed. SuperForex is based in Belize and does not have regulation through the Central Bank of Nigeria (CBN) or any local offices in the region.

Based on my initial observations

superforex review

Its pride is its highly professional team, which is always working on the development, betterment, and improvement of its products and services. The minimum deposit amount required to register a SuperForex live trading account will range between $1 USD / R16 ZAR and $100 USD / R1600 ZAR, depending on the account option selected. SuperForex offers a wide selection of STP and ECN accounts to choose from. In terms of account types, SuperForex offers both standard and ECN accounts, with minimum deposits starting from $1 and $200 respectively. Standard accounts have fixed spreads, while ECN accounts have variable spreads and charge a commission per trade.

SuperForex is an online CFDs and forex broker that operates from Belize, C.A. The broker has been providing its services since 2013. SuperForex has a handsome product portfolio of more than 350 financial instruments. The broker offers true STP and ECN trading environment over popular asset classes such as forex, CFDs, cryptocurrencies, commodities, stocks, and indices. Traders can enjoy the simplicity of MetaTrader 4 and a dedicated mobile app from SuperForex to trade manually and also get the benefits of copy trading solutions. In addition, the broker offers trading with very tight spreads and zero commissions. Overall, even if SuperForex is not regulated by any entity, the broker is highly trusted by Kenyan traders, and this can be seen in the broker’s market share.

  • There is also a get a call back service available and a FAQs section on the website to get the answers quickly.
  • So i would request you look into my plea an assit us in that way.Overall SF team is been very supportive and loyal to me.
  • 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.
  • I really like how the broker provides multiple account types to suit the different needs and experience levels of traders.

I think it is important that traders are given the freedom to trade how they want to, provided they are doing so responsibly. If you would prefer top-tier regulation, AvaTrade are regulated across multiple jurisdictions. On a regular basis, the SuperForex website includes technical analysis.

The company takes pride in its achievements and has gathered several awards for its excellence. SuperForex offers a variety of trading platforms to suit different trading styles and preferences. The most popular platform is MetaTrader 4 (MT4), which is available for desktop, web, and mobile devices.

We provide broker reviews and ratings to help users find a suitable broker according to their own needs. However, you must do your own due diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice. SuperForex provides customer support 24/5 during weekdays and market hours. Customer support service can be reached via live chat, email, and phone.

Managed portfolios via SuperForex bank and Forex Copy are designed for investors and traders who wish to copy or provide trading signals. In addition to very competitive trading conditions, the broker also provides you with a plethora of educational resources, various trading tools and 24/5 customer support. Regulated by the IFSC, the broker states that clients’ accounts are secured and digitally protected. They allow all trading strategies and traders with small capital are welcome. The MetaTrader platforms give multiple options for you to trade how you want and are a popular choice for both beginner and experienced traders alike.

👉 Swap costs are waived for Kenyan Muslim traders using this Swap-Free account. 👉 With direct access to the Forex market through ECN accounts, there is no need for intermediary institutions to facilitate transactions. 👉 SuperForex, even though it is unregulated, promises to use a “segregated funds” method. SuperForex insists that it does not use any of the money it receives from consumers in its day-to-day operations. 🥇 SuperForex has a decent market share of +6% in Kenya, ranking this broker in the Top 20 for Kenyan traders. Please provide your account number and we will deal with the situation.

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. Commissions are charged on withdrawals and on the investment portfolios. If you are https://forexarena.net/ looking for a managed account based on your own risk preferences, this might be worth checking out along with FXGiants. There is no guarantee on the performance of this managed portfolio and all online trading carries a significant element of risk.