SuperForex Review 2024
Minimum
deposit:
  • $5

Trading platform:

  • MT4
Regulation:
  • IFSC
Bonus for deposit:
  • 50%

SuperForex Review 2024

Updated:
Updated: February 08, 2024
Your capital is at risk.

5.36

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $5

Trading platform:

  • MT4
Regulation:
  • IFSC
Bonus for deposit:
  • 50%

Note!

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Summary of SuperForex Trading Company

SuperForex is a moderate-risk broker with the TU Overall Score of 5.36 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by SuperForex clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews. SuperForex ranks 91 among 412 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

SuperForex broker stands out from most competitors. It offers a total of 11 real accounts, over 2,000 financial instruments, and leverage of up to 1:3000. No other platform has similar trading parameters. SuperForex also boasts a free demo account, a wide selection of bonuses for beginners, and regular contests with real cash prizes. It has one of the most comprehensive educational systems, including physical trader training centers and the unique software solution Pattern Graphix. There is no trading commission, but there is a withdrawal fee. The broker can be recommended to traders of any experience level.

The SuperForex broker offers ECN (Electronic Communications Network) and STP (straight-through processing) accounts with access to the following markets: currency pairs, cryptocurrencies, stocks, indices, oil, and metals. The STP protocol is an automated electronic data-transferring process that does not involve manual intervention. There are standard, mini, crypto, and swap-free accounts available. The STP group also has a unique no-spread account where only a trading commission is charged. Depending on the account, the spread is floating or fixed, starting from 0 pips. The account also determines the minimum deposit, maximum leverage, available bonuses, and other parameters. The minimum deposit for the ECN Standard Mini account is $5. The maximum leverage is 1:3000. The broker has its Forex Copy Trading service, which is compatible with most accounts. The partnership is available for legal entities only. Among the key features are powerful and free analytics, comprehensive educational courses, dozens of bonuses, promotions, and regular contests.

💰 Account currency: USD, EUR, GBP, CNY, MYR, IDR, RUB, ZAR, NGN, INR, THB, BRL, BDT, EGP, CHF, MXN, JPY, PHP, HKD, SGD, PEN, CLP, TZS, KES, UGX, ZMW, RWF, AED, VND, XAF, PLN, AUD, CAD, JOD, GHS
🚀 Minimum deposit: $5 
⚖️ Leverage: Up to 1:3000
💱 Spread: Floating (from 0 pips) or fixed
🔧 Instruments: Currency pairs, cryptocurrencies, stocks, indices, oil, metals
💹 Margin Call / Stop Out: No

👍 Advantages of trading with SuperForex:

  • A wide selection of real accounts allows traders to find the optimal option according to their preferences.
  • There is a free demo account, and the minimum deposit is below the market average, providing an optimal entry threshold for beginners.
  • Regardless of the trader's level, educational materials and technical and fundamental analysis tools offered by the broker are beneficial.
  • Hundreds of assets from six different groups combined with high leverage provide unprecedented profit potential.
  • Traders work through the classic MT4 trading platform, with no trading restrictions, and the platform's operations are 100% transparent.
  • The copy trading service allows registration for signal providers and investors to receive additional income.
  • Customer support is available via phone, email, LiveChat, and messaging platforms, operating round the clock in multiple languages.

👎 Disadvantages of SuperForex:

  • Clients of the broker can only trade through MetaTrader 4; other trading platforms are not available.
  • Traders from Australia, Ukraine, North Korea, and some other countries cannot work with this broker.
  • The company's activities are regulated by the International Financial Services Commission of Belize (IFSC), which is not the most popular regulator.

Evaluation of the most influential parameters of SuperForex

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

4.96

/10

Regulation and safety The score for this parameter is based on the licenses a company holds. The higher the level of the license, the higher the score. Obtaining licenses in other jurisdictions also improves a broker’s score. We divide all licenses into three levels:

Level 1 jurisdictions (high level of trust): CFTC – USA, FINMA – Switzerland, FCA — UK, ASIC – Australia, CBI – Ireland, JFSA — Japan, MAS – Singapore, FMA — New Zealand, IIROC – Canada, SFC – Hong Kong.

Level 2 jurisdictions (medium level of trust): CySEC – Cyprus, FSCA – South Africa, CBRC – China, SEBI – India, ISA – Israel, SECT – Thailand, DFSA – United Arab Emirates

Level 3 jurisdictions (low level of trust): FSC – Belize, FSC – British Virgin Islands, FSC – Mauritius, VFSC – Vanuatu, SCB – The Bahamas, BMA – Bermuda, CIMA – Cayman Islands

5.64

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

7.14

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

7.02

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

6.80

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

1.31

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

0.92

/10

Trade with this broker, if:

  • You prefer the MetaTrader 4 platform, as SuperForex utilizes this popular platform known for its familiarity and features.
  • You appreciate around-the-clock customer support, as the same is offered by SuperForex in multiple languages, ensuring continuous assistance.

Do not trade with this broker, if:

  • If regulatory oversight from established authorities like the FCA or SEC is crucial for you, SuperForex might not be suitable as it lacks such regulation.
  • If you are new to trading or have a low risk tolerance. Considering the significant risks associated with CFD and leveraged trading, SuperForex might not be the best choice.
  • If you require a broker with a low minimum deposit. SuperForex may not meet your criteria as its minimum deposit is $100.

Geographic Distribution of SuperForex Traders

Popularity in

36.31%
BJ
Benin
12.29%
TZ
Tanzania, United Republic Of
9.98%
BR
Brazil
5.73%
PK
Pakistan
5.69%
NA
Namibia
4.39%
ZA
South Africa
4.23%
ID
Indonesia
4.06%
US
United States
3.98%
TH
Thailand
3.93%
UZ
Uzbekistan
31.41%
Others
Others

Video Review of SuperForex i

User Satisfaction i

43 comments
Total score:
3.1 /10

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waliajay
7 weeks ago

After collaborating with SuperForex for two years, I can say that trading here is possible. It's not a broker that ranks high in ratings, but it's also not a scam. Unfortunately, there is no license from a serious regulator. However, I would seriously consider a license if I suspected SuperForex of manipulation. But I haven't noticed any. And I withdraw profits without significant problems or delays, although the withdrawal times are not the shortest.

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dilruklasantha
9 weeks ago

I transferred my funds to Super Forex to study market conditions for algorithmic trading. I earned some money, but every time I tried to withdraw funds, I was refused with different excuses. Super Forex offers good market conditions with low fees and spreads, but it won’t allow you to withdraw your money. I recommend avoiding this company.

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rahi31952
13 weeks ago

I left SuperForex. Spreads and fees are too high there. There are both deposit and withdrawal fees. The platform is not very fast. There are also frequent slippages that can be up to 20 pipis depending on the asset. But SuperForex has low liquidity.

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RANA
16 weeks ago

The SuperForex broker didn't appeal to me. I encountered very pushy managers. They called me several times a day from different phone numbers. While I was researching this company and communicating with SuperForex's support service, they suggested that I provide my phone number for a manager to contact me. Unfortunately, that was my mistake.

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jen-jen
18 weeks ago

I don’t think that Super Forex has guarantees for the safety of client money. Moreover, this company also offers strange bonuses for funding your account. If clients fund their accounts with more than $1,000, SuperForex credits them with the same amount as a bonus. In fact, such bonuses are prohibited by EU legislation. And there are no restrictions for registering EU citizens on the Super Forex website.

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mazharqureshi
19 weeks ago

SuperForex continues to take a very long time to process withdrawals. Last time, when I withdrew $300, they processed the request only after two weeks. When I inquired why it took so long, they apologized for technical glitches. Now, after three months, the same situation is repeating. It's the second week, but SuperForex has not yet processed my $450.

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Varinia75
20 weeks ago

SuperForex does not inspire my confidence. Registration is strange, no one knows where the company is located . I transferred $100 here to check this company. Well, I was not mistaken, I lost money here. I advise everyone, before transferring large capital to SuperForex, check the company with a small amount. There are many problems here!

Expert Review of SuperForex

The broker has been operating for 10 years, which allows for a quality retrospective analysis. Expert research has shown that the company has come a long way and currently offers much more favorable conditions than 3-5 years ago. SuperForex clients have access to over 2,300 assets, one of the highest figures in the segment. No other platform provides trading leverage up to 1:3000. Finally, the variety of account types is a conceptual distinction and, according to many experts, it is the company's main advantage. There are mini-accounts, standard accounts, swap-free accounts, and even no-spread accounts. They differ significantly in trading particulars, allowing SuperForex to personalize its offerings.

Although the broker has developed its simple and transparent copy trading platform, it has not yet launched it. This is a reasonable decision considering that SuperForex clients work with MT4, which most traders and experts consider the best trading platform, at least in terms of functionality and customizability.

A trader who decides to collaborate with SuperForex can choose a floating or fixed spread type, but there is no trading commission in any case. However, there are withdrawal fees, although many brokers have long abandoned them. Nevertheless, these commissions are quite competitive and do not lead to high costs. So, the trading aspects of SuperForex definitely surpass those of many of its competitors.

Currently, the broker offers six bonuses, as well as special offers such as the Membership Club and Account Package. Before registering, it is strongly recommended to thoroughly examine these opportunities, as the right combination significantly reduces the entry barrier and maximizes profit potential at the start due to multiple favorable conditions. The educational courses provided by SuperForex are also noteworthy. The company has a network of online training centers and regularly conducts seminars, which are then reconstituted into educational articles published on its website. All of this is free.

Undoubtedly, SuperForex has its weaknesses. For example, regional restrictions and the unavailability of alternative trading solutions other than MT4. Many also note weak regulation, but this is a contentious issue. IFSC 000160/494 (International Financial Services Commission of Belize), headquartered there, is a well-known regulator, although it is not as highly regarded as the FSA (Financial Service Authority), for example. An important point to mention is that TU’s experts have not found confirmed cases where the broker failed to fulfill its obligations to its clients.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Latest SuperForex News

17.03.2023
The CryptoMania contest has been launched by the SuperForex brokerage company and will run until the end of 2023.The contest will be held monthly and will

Dynamics of SuperForex’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets and Products of the Broker

Brokers often provide their clients with opportunities to earn money in ways other than active trading, and they are right to do so. Although traders primarily come to this broker to trade independently, alternatives such as passive earning methods are never redundant. This can be, for example, cryptocurrency staking or investing in joint accounts. SuperForex does not offer MAM or PAMM accounts, but if desired, clients of the company can still earn additional profit. The two popular options are to register on the copy trading service or to use the "Refer a friend" bonus.

SuperForex Investment Programs - Copy trading

Forex Copy by SuperForex works just like similar solutions. A trader can register as a signals provider (referred to as a master) or as a follower (referred to as a subscriber) in SuperForex terminology. The master trades on his account and simultaneously broadcasts his trades to interested users. Another trader can connect to the master and become a follower. The follower automatically duplicates the master's actions but with any selected limitations. For example, they may be able to invest $100 instead of $1,000 like the master. In the case of a successful trade, everyone receives profits according to their proportional investment, and subscribers also pay a small commission to the master. If the trade is unsuccessful, everyone loses their investments, including the master. The feature of Forex Copy by SuperForex lies in its absolute transparency and high speed of operation. However, it is worth noting that copy trading is not available for all account types.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Refer a friend

Usually, similar programs are considered as ubiquitous referral programs and are placed in the corresponding section, but SuperForex refers to it as a bonus, but the broker's full-fledged partnership program is designed for legal entities. If a trader activates the "Refer a friend" option, they receive a referral link and can freely share it on the internet. A user who registers through the link and makes a deposit becomes the owner's referral. The referral brings the owner 50% of the first deposit amount. The catch is that one trader can only have three referrals, and the bonus is awarded to each of them only once. Also, the link’s owner and his referrals must meet the conditions of the Easy Deposit Bonus; otherwise, none of them will receive their bonuses. However, this is usually not a problem, as the Easy Deposit requirements are extremely attractive: it requires a $25 deposit and provides up to 3,000% additional funds, up to $750.

Trading Conditions for SuperForex Users

If a broker offers multiple account types, it almost always means that each account has its unique conditions regarding the deposit and leverage. SuperForex fully corresponds to this rule. For example, to open a Standard STP account (including the swap-free option), you only need as little as $5, while registering for STP Crypto and Pro accounts, requires a minimum of $1,000. For Mini and Mini Swap-Free ECN accounts, the minimum deposit is also just $5, while for Standard and Standard swap-free ECN accounts, it is $100. The lowest leverage is 1:10 for STP and ECN Crypto accounts, while the highest leverage is 1:3000 for STP Pro accounts. A higher leverage level increases profit potential but also raises trading risks. Customer support operates 24/5 and is available through several major communication channels such as its call center, email, LiveChat, and messengers.

$5

Minimum
deposit

1:3000

Leverage

24/5

Support

💻 Trading platform: MT4
📊 Accounts: STP (6 accounts), ECN (5 accounts), demo
💰 Account currency: USD, EUR, GBP, CNY, MYR, IDR, RUB, ZAR, NGN, INR, THB, BRL, BDT, EGP, CHF, MXN, JPY, PHP, HKD, SGD, PEN, CLP, TZS, KES, UGX, ZMW, RWF, AED, VND, XAF, PLN, AUD, CAD, JOD, GHS
💵 Replenishment / Withdrawal: Visa, MasterCard, UnionPay, Skrill, STICPAY, Neteller, FasaPay, Perfect Money, OnlineNaira, BitWallet, AstroPay, M-Pesa, MTN, Zamtel Vodacom, cryptocurrency wallets BTC, LTC, DOGE, PPC, DASH, RDD, ZEC, BLK, USDT, and bank transfers
🚀 Minimum deposit: $5 
⚖️ Leverage: Up to 1:3000
💼 PAMM-accounts: Yes
📈️ Min Order: 0.01
💱 Spread: Floating (from 0 pips) or fixed
🔧 Instruments: Currency pairs, cryptocurrencies, stocks, indices, oil, metals
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: No
⭐ Trading features: Free demo account, 11 real accounts, narrow floating/fixed spreads, no trading commissions, medium withdrawal fees, over 2300 trading instruments from 6 groups, transparent copy trading service, trading only through MT4 trading platform, plenty of bonuses, special offers and contests, free fundamental analysis, and technical analysis
🎁 Contests and bonuses: Yes (6 bonuses and 6 special offers, as well as rebates from TU)
Your capital is at risk.

Comparison of SuperForex with other Brokers

SuperForex RoboForex Eightcap Exness Octa NPBFX
Trading
platform
MT4 MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader MT4, MT5 Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MetaTrader4, MetaTrader5 MT4
Min deposit $1 $10 $100 $10 $25 $10
Leverage From 1:1
to 1:1000
From 1:1
to 1:2000
From 1:30
to 1:500
From 1:1
to 1:2000
From 1:1
to 1:500
From 1:1
to 1:1000
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 2 points From 0 points From 0 points From 1 point From 0.6 points From 0.4 points
Level of margin call
/ stop out
30%  /  40% 60%  /  40% 80%  /  50% No  /  60% 25%  /  15% No  /  30%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution Market Execution Instant Execution, Market Execution
No deposit bonus $100 No No No No No
Cent accounts No Yes No No No No

Broker comparison table of trading instruments

SuperForex RoboForex Eightcap Exness Octa NPBFX
Forex Yes Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes Yes
Crypto Yes No Yes Yes Yes Yes
CFD No Yes Yes Yes Yes Yes
Indexes Yes Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF No Yes No No No Yes
Options No No No No No No

SuperForex Commissions & Fees

Information
Usually, brokers charge their clients both spreads and trading commissions, but sometimes there is no commission. Additionally, there may be withdrawal fees. Spreads can be either floating or fixed, standard or raw. In most cases, a floating spread is more advantageous than a fixed one, although this greatly depends on market conditions. Similarly, raw spreads are smaller than standard spreads, but the broker's commission is always higher with raw spreads. SuperForex offers different spread types, depending on the chosen account type. The minimum spread is 0 pips, although in most cases, it is significantly higher. The company does not charge trading commissions, which significantly reduces clients' costs. As for withdrawal fees, they almost always exist and depend on the withdrawal method used by the trader. For example, withdrawing to a Visa card has a fee of $10 + 3%, while using Zamtel Vodacom, it is fee-free.
Account type Spread (minimum value) Withdrawal commission
STP Fixed from $2 Present with most withdrawal methods
ECN Floating from $2 Present with most withdrawal methods

Therefore, to determine the actual level of trading costs, traders need to consider the account type, asset type, and the situation in the selected market. Regarding withdrawals, even if the broker does not charge a fee for a particular transaction, it does not mean it is entirely free for the trader. Third parties involved in the withdrawal process, such as banks or online payment services, may also charge fees. It is important to consider this in advance to avoid any confusion later on.
The above information provides insights into the broker's trading conditions but does not assess the comfort of these conditions. Therefore, TU’s experts have prepared a table including average trading fee indicators for SuperForex and its closest competitors.

Broker Average commission Level
SuperForex $2 Medium
RoboForex $1 Low
Pocket Option $8.5 High
Logo SuperForex
$2
$1
$8.5

Detailed review of SuperForex

This broker has been in the market for 10 years and is officially registered and regulated in Belize. Traders from most regions of the world are its clients. The website, user account, and customer support are available in multiple languages. No bugs or performance issues have been reported, and execution time is around 30-50 ms. The company collaborates with first-tier liquidity providers. Their technological stack and client service meet advanced standards. The broker uses virtual dedicated servers and offers special features to its clients, such as deposit insurance against financial losses. Clients can also enable a 5% annual interest rate on funds reserved in the trader's balance.

SuperForex by the numbers:

  • On offer in 150 countries.

  • It takes 1 second to open a new trade.

  • Some clients earn over $100,000 in daily profits.

  • Minimum deposit is $5.

  • There are 11 types of real accounts and a demo account.

SuperForex is a broker with versatile trading conditions

For many traders, the diversity of trading instruments is one of the essential criteria. It is crucial because the more assets are available, the broader the strategic possibilities. Additionally, a deep pool of instruments allows for the formation of a diversified portfolio, which is critical for every trader, especially those who trade with leverage. SuperForex offers leverage of up to 1:3000, which increases the risk to unimaginable heights. SuperForex allows trading with the following instrument groups: currency pairs, cryptocurrencies, stocks, indices, energies, and metals. In total, the broker offers over 2,300 assets. This is more than sufficient for any trader, regardless of their activity, strategic preferences, and professionalism. Moreover, trading is conducted through MetaTrader 4, the most customizable trading platform.

SuperForex’s analytical services:

  • Copy trading. A service for copying trades developed and maintained by the broker's expert signals providers. It allows signals providers (masters) to earn additional income, while investors (followers) can profit without trading themselves.

  • Negative balance protection. An integrated option that terminates trades if they could lead to the trader's balance dropping below zero.

  • Membership Club. Club members trade with reduced spreads, receive a 100% deposit bonus, and have access to 24/7 technical support. The broker does not charge club members for fund withdrawals and ensures the protection of their deposits.

Advantages:

1

The broker offers a free demo account and numerous bonuses to enhance the profit potential of new clients.

2

A wide range of account types individualizes offerings, plus there are average or below-average spreads and no trading commissions.

3

Thousands of instruments and high leverage allow the application of various trading strategies.

4

Traders can trade without restrictions using the user-friendly and convenient MT4 trading platform, and additional profits can be earned through trade copying.

5

The platform operates with 100% transparency, without hidden fees, and multilingual customer support is available up to 24/7 through multiple communication channels.

Guide on how traders can start earning profits

Since the broker offers 11 real accounts, making the right selection at the beginning is crucial. STP accounts use the straight-through processing protocol, where orders are sent directly to liquidity providers. ECN accounts utilize an Electronic Communication Network, eliminating intermediaries in the information exchange chain between the trader and other market participants. Mini accounts have the lowest minimum deposit and allow trading with the smallest trades. Standard accounts offer universal trading parameters and are suitable for most traders. Swap-free accounts are designed for the broker's clients who adhere to Islamic principles. Crypto accounts enable trading on cryptocurrency markets. Finally, the Pro accounts involve substantial investments from the trader and provide access to an extended range of trading opportunities. When choosing an account, the trader should consider their available capital, trading preferences, and actual experience.

Account types:

Account Type
Description
Demo
Traders receive quotes from real markets and trade under conditions that closely resemble real trading. However, they work with virtual currency, so they neither lose nor earn real money.
STP
Available options include Micro, Swap-Free, No-spread, Standard, Crypto, and Pro accounts. All accounts in this group have fixed spreads, no commissions, and leverage ranging from 1:10 up to 1:3000.
ECN
Available options include Standard Mini, Standard, Swap-Free Mini, Swap-Free, and crypto accounts. All accounts in this group have floating spreads, no commissions, and leverage ranging from 1:10 up to 1:1000.

Typically, traders start by opening a demo account, which allows them to familiarize themselves with the platform and practice preferred strategies. Afterward, they move on to a real account, choosing one that aligns with their trading preferences.

Investment Education Online

Information

Traders can expect success only when they constantly practice and progress in a theoretical sense. This implies studying articles on specialized portals, reading expert analytics, and participating in seminars and webinars. Ignoring theory, a trader will not be able to keep up with the market and will make fewer profitable trades. It is optimal when all the necessary information, presented in various formats, is available on one website. Understanding this, some brokers try to organize comprehensive educational courses on their platforms. SuperForex is one such company. The “Education” section offers specialized materials conveniently grouped into learning modules. The broker also regularly conducts seminars. The website features a glossary, educational videos, a unique tool called Pattern Graphix, and separate news sections for fundamental and technical analyses.

Information contained on the SuperForex website
What is not on the SuperForex website
Detailed guides on working with the MT4 trading platform
There are a lot of ads in the materials
Structured training courses for traders of different levels
Expert articles on trading strategies and methods, as well as individual instruments
Newsfeeds with current financial events and analytics

Few brokers can compete with SuperForex’s education and training center. At present, SuperForex has eight such centers where anyone interested can learn trading under the guidance of experienced mentors. The broker's educational system has no conceptual drawbacks and covers most topics and areas.

Security (Protection for Investors)

Information

A broker can provide a guarantee of the security of user funds and data only if they are officially registered and regulated by a competent authority. Registration indicates that the company operates legally, while regulation ensures transparency within the partnership. SuperForex is registered in Belize and regulated by the International Financial Services Commission (IFSC). This regulator may not be widely known or common, but it is a functioning agency with a broad range of powers. Therefore, if a trader encounters a disputed situation, they can immediately file a complaint with the IFSC using the provided form and receive prompt legal support. Consequently, TU’s lawyer will assist you in pursuing your claims free of charge. TU also recommends cooperating with the SuperForex broker.

👍 Where can you go for help?

  • Contact the broker's customer support
  • Consult the IFSC (International Financial Services Commission) regulator
  • Contact Traders Union’s legal department for free consultation and representation. It protects its members’ rights without charge.

👎 There is no point in contacting:

  • Regulators who do not monitor SuperForex broker’s activities
  • Any financial regulatory authority outside of Belize

Withdrawal Options and Fees

  • At any time, the broker's client can withdraw their earned profit by submitting a withdrawal request. But bonus profit can only be withdrawn under special conditions.

  • The withdrawal request is formed in the trader's user account. Since the user account has an intuitive interface, finding the corresponding option is easy.

  • Funds can be withdrawn using bank transfers, Visa, MasterCard, UnionPay, Skrill, STICPAY, Neteller, FasaPay, Perfect Money, OnlineNaira, BitWallet, AstroPay, M-Pesa, MTN, Zamtel Vodacom.

  • Cryptocurrency wallets using BTC, LTC, DOGE, PPC, DASH, RDD, ZEC, BLK, and USDT.

  • The withdrawal conditions are specified in the withdrawal section.

Customer Support Service

Information

Technical support is necessary for every broker because even the most experienced traders sometimes encounter situations they cannot resolve on their own. The reason help is needed may be simple or complex. Moreover, no platform is 100% immune to malfunctions. If a trader does not receive prompt and qualified assistance, they may become disappointed in the broker and switch to a competitor. That's why SuperForex offers the opportunity to contact support around the clock. Specialists are proficient in multiple languages, and they work day and night without breaks. You can reach them by phone, email, LiveChat, and messengers. The only nuisance is that SuperForex's Customer service operates 24/5 only for regular traders but 24/7 for club members.

👍 Advantages

  • You can contact support without being this broker's client.
  • Specialists are available day and night, without breaks 24/5 and 24/7 for club members.
  • Managers answer promptly and are competent.

👎 Disadvantages

  • Only SuperForex club members can get help on weekends.

If you need consultation or have trade related questions, you can contact technical (customer) support through the following communication channels:

  • Call center;

  • Email;

  • Skype;

  • WhatsApp1;

  • WhatsApp2;

  • Telegram.

For legal entities that want to become or are already partners of the broker, there are separate contact options through email and messengers. Details can be clarified on this page: superforex.com/ru/contacts. The broker is also present on social media platforms, and the list of their profiles with links can be found in the website footer. There, you can also get in touch with the managers. It is recommended to subscribe to the broker to stay updated with their latest news.

Contacts

Foundation date 2008
Registration address Second Floor, No 24, Albert Hoy Avenue, Belize City, Belize
Regulation
Official site
Contacts
Your capital is at risk.

Review of the Personal Cabinet of SuperForex

To start collaborating with the broker, register on their website and verify your personal information. Then, you can open a demo or real account, make a deposit, and start trading through the MetaTrader 4 trading platform. TU’s experts have prepared the below step-by-step guide for registration and working within the SuperForex user account.

1

Go to the official broker's website. In the top right corner, select the interface language. Click on “Open Account”.

Review SuperForex - Open Account
Review SuperForex - Open Account
Review SuperForex - Open Account
Review SuperForex - Open Account
2

Read the public offer agreement. Agree to its terms by ticking the checkbox. Click on “Open Account”.

Review SuperForex - Public offer agreement
Review SuperForex - Public offer agreement
Review SuperForex - Public offer agreement
Review SuperForex - Public offer agreement
3

Choose the individual or corporate account type. Enter your full name, date of birth, email address, and phone number. In the corresponding fields, provide your country of residence and registration address with the postal code. Click on “Next”.

Review SuperForex - Choose the individual or corporate account type
Review SuperForex - Choose the individual or corporate account type
Review SuperForex - Choose the individual or corporate account type
Review SuperForex - Choose the individual or corporate account type
4

Select the account type (in TU’s example, it’s the ECN Standard), leverage, and account currency. Check the box if you need an Islamic swap-free account. If you have a referral code, enter it. Click on "Open Account.".

Review SuperForex - Select the account type
Review SuperForex - Select the account type
Review SuperForex - Select the account type
Review SuperForex - Select the account type
5

You will be directed to the user account in the profile settings section. Next to the full name, email, address, and phone fields, you will see the "Verify" buttons. Sequentially click on each of them and follow the on-screen instructions. You will receive an email and a message with a link on your phone. Additionally, to confirm your identity, you will need to provide photos/scans of the required documents. After completing this process, you will have full access to the features of the user account.

Review SuperForex - Profile settings section
Review SuperForex - Profile settings section
Review SuperForex - Profile settings section
Review SuperForex - Profile settings section
6

Go to the "Financial Operations" section and select the "Deposit Money" subsection. Choose the preferred deposit method. Follow the on-screen instructions to make a deposit. Once the funds are credited to your account balance, you can start trading. You can also download the MT4 trading platform directly from the user account.

Review SuperForex - Financial Operations
Review SuperForex - Financial Operations
Review SuperForex - Financial Operations
Review SuperForex - Financial Operations

Your SuperForex user account also provides access to:

  • Inbox. This block receives notifications about all events related to the trader's account.

  • User account (“Client Cabinet”). Here, you can find information about your account, open/close accounts, and undergo verification.

  • Trading History. Provides a complete archive of all transactions ever conducted on the account.

  • Security. In this section, clients can configure the parameters for protecting their funds and data.

  • Deposit Protection. A unique option that allows the exclusion of losses for a certain period.

  • Financial Operations. In this block, you can deposit/withdraw funds and make internal transfers.

  • Forex Copy. Access to the copy trading service, where traders register and configure the copying process.

  • Bonus Program. A list of current bonuses, each with its conditions and an activation button.

  • Trading Instruments. This section provides useful tools for technical and fundamental analysis.

  • Contests. Displays all active contests and their conditions.

  • Membership Club. Here, the requirements for joining the club are described, and the trader's status is displayed.

  • There is a LiveChat in the user account, as well as buttons to contact support and download the MT4 trading platform.

Disclaimer:

Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high 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.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
SuperForex Review SuperForex Review

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FAQs

Do reviews by traders influence the SuperForex rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about SuperForex you need to go to the broker's profile.

How to leave a review about SuperForex on the Traders Union website?

To leave a review about SuperForex, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about SuperForex on a non-Traders Union client?

Anyone can leave feedback about SuperForex on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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