SuperForex vs XM - Fees Review included
Which broker is better SuperForex or XM? Our expert assessment conducted according to TU’s own methodology showed that SuperForex is one of the top brokers in the financial market with the TU Overall Score of 5.84 out of 10. XM is one of the top brokers in the financial market with the TU Overall Score of 9 out of 10. Find out more about TU Overall Score.
| Feature | SuperForex | XM |
|---|---|---|
Overall |
3.2 |
4.5 |
1.4 |
4.9 |
|
2.9 |
4.3 |
|
4.2 |
4.4 |
|
Investment Instruments |
3.1 |
4.4 |
Platforms and Charting Tools |
3.0 |
4.6 |
Deposit and Withdrawal |
2.9 |
4.7 |
Research |
4.1 |
5 |
Education |
4.5 |
5 |
Support |
2.6 |
4.6 |
Bonuses |
3.5 |
5 |
|
|
|
SuperForex vs XM: Pros and Cons
“SuperForex” company is the licensed Forex-broker, founded in the year 2013. “SuperForex” broker remains professional in its brokerage servicing and believes that reliability and transparency are its main features. This company tends to provide Forex market participants with the most beneficial trading conditions
XM Broker was founded in 2009. Initially, the company covered a narrow niche of the trader market, specializing exclusively in intermediary services at the foreign exchange market. It has since experienced considerable success and growth. XM is reliable and safe. It has diversified and is now an international broker operating in almost 190 countries around the world. For over a decade XM Broker has attracted 3,5 million traders, offering unique technological solutions. The company is now being recognised as the Fastest Growing Broker, the Best Forex Service Provider and various other contributing achievements. The team at XM Broker is committed to continually working hard to improve the quality of the services provided every year as they are committed to continually providing the best service to their traders.
| SuperForex | XM | |
|---|---|---|
| Overall Pros | Low entry threshold from 1 USD | Well-Regulated broker |
| High leverage limit - up to 1:1000-1:2000 | Strong research tools | |
| Transparent formation of the rating of traders in the social trading service | Strong education | |
| Big Forex bonuses | ||
| Free deposit and withdrawal | ||
| Instant withdrawal | ||
| 1000+ trading assets | ||
| Overall Cons | Offshore regulation | High spreads |
| There is a brokerage commission for withdrawing money |
SuperForex vs XM: Safety and Regulation
| SuperForex | XM | |
|---|---|---|
Max. Regulation Level |
Tier-3 |
Tier-1 |
Investor protection |
No |
£85,000 €20,000 |
FCA UK Regulation |
No |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
No |
Yes |
BVI FSC |
No |
No |
VFSC |
No |
No |
FSA (Seychelles) |
No |
Yes |
SuperForex vs XM: Trading Conditions
| Trading Conditions | SuperForex | XM |
|---|---|---|
Minimum Deposit |
From $1 |
$5 |
Trading Platforms |
МТ4 |
MT4, MT5 |
Max Leverage (Futures) |
1-1000-1-2000 |
1:888, 1:30 (for EU, UK clients) |
Supported Markets |
Forex, Shares, Indices, Cryptocurrency, Metals, Energy |
Forex, CFDs on indices, commodities, crypto, metals, stocks |
Trading assets |
400+ |
1300+ |
Trading Accounts |
STP (Standard, Swap Free, No Spread, Micro Cent, Profi STP, Crypto), ECN (ECN Standard, ECN Standard Mini, ECN Swap-Free, ECN Swap-Free Mini, ECN Crypto |
Micro, Standard, Ultra Low, Zero |
Base Account Currencies |
USD, EUR, GBP (+ RUB, ZAR, NGN, CNY, BDT, INR, THB, KES, MYR, BRL, BDT, AED) |
USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR |
SuperForex vs XM: Fees
| SuperForex | XM | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
1,0 |
0,7 |
Standard acc. spread EUR/USD, max pips |
2,0 |
1,2 |
ECN Commission |
3 |
3,5 |
ECN Spread EUR/USD |
0,3 |
0,2 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
0,5-5,5 |
No |
Withdrawal fee, USD |
0-35 |
No |
Inactivity fee, $ |
No |
10 |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
SuperForex vs XM: Trading Assets
| Asset Name | SuperForex | XM |
|---|---|---|
Overall |
400+ |
1300+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
Yes (CFD) |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
SuperForex or XM: Investment Programs
| Asset Name | SuperForex | XM |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: XM or SuperForex
| SuperForex | XM | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
No |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
No |
Others |
No |
No |
|
|
|
SuperForex vs XM: Deposit and Withdrawal Methods
| SuperForex | XM | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
No |
No |
SuperForex vs XM: Research
| Research Type | SuperForex | XM |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
Yes |
SuperForex vs XM: Education
| Education Type | SuperForex | XM |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
Yes |
Yes |
XM vs SuperForex: Support
| Support Features | SuperForex | XM |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
Messengers |
No |
SuperForex vs XM: Forex Bonuses and Promo
| Promo | SuperForex | XM |
|---|---|---|
Forex Bonus |
Welcome, no deposit, classic bonuses with rewards from 30%-50% up to 750 USD |
up to $5000 forex bonus, up to 100% forex deposit bonus |
Affiliate Program |
Affiliate programs with a yield of up to 75% of the referral commission or with a fixed commission of up to 45 USD |
Multi tier affiliate program |
Other Promos |
||
|
|
|
Top 5 Reviews on XM
-
Comment
It’s a cool broker and it works really well especially because the support are helpful, professional and available 24/7.
-
Comment
I discovered XM Group through the Traders Union rankings — the company ranked among the top brokers. I was impressed by the range of instruments: over 1,000 tradable assets, including 55+ currency pairs, stocks, indices, commodities, and even palladium and platinum. Spreads are very tight, with no markup on most pairs. I especially appreciated the execution speed: 99.35% of orders are filled in less than a second, and I can confirm that personally — I haven’t experienced any delays or requotes. Over the past four months, I’ve made around $700 trading currencies and commodities.
-
Comment
I've been trading with XM Group for just over a year. I chose this broker based on reviews and the fact that it holds multiple licenses — ASIC, CySEC, FSC, and DFSA. I really liked the low minimum deposit of just $5, which meant I didn’t have to risk a large amount. I started with a micro account where 1 lot equals 1,000 units — perfect for beginners. I’m satisfied with the spreads: on EUR/USD they start from 0.8 pips, and there are no fees for deposits or withdrawals, which is quite rare. Over the year, I’ve withdrawn about $900 in profit — the funds arrived quickly, with a maximum wait of 2 days.
-
Comment
XM Group is a great choice for active trading thanks to its transparent commission policy and no requotes. Over 5 million traders have chosen this broker — an impressive number. I made about 70 trades in a month, all executed in under a second with no requotes. MQL5 trading signals can be integrated directly into the terminal, making it easy to test ideas from other traders. A $5 minimum deposit and a wide range of assets make XM Group a versatile option for both beginners and professionals.
-
Comment
I liked that XM Group operates under licenses from four regulators at once: ASIC, CySEC, FSC, and DFSA. This inspires confidence. Fast execution was important to me — the broker claims 100% order execution, and in practice trades close at the prices I see in the terminal. Spreads are minimal — for major pairs they stay around 0.8–1 pip. Support is always available on weekends and helped me with account verification questions.
Top 5 Reviews on SuperForex
-
Comment
SuperForex offers a wide range of deposit and withdrawal methods — from bank cards and wire transfers to e-wallets and cryptocurrencies. The minimum amount to start trading is just $5. One of the main advantages is the variety of account types: 6 STP options, 5 ECN options, and a demo account. Copy trading and bonus programs are also available. Despite offering high leverage — up to 1:3000 — the broker does not provide Margin Call or Stop Out protections and is not a liquidity provider. Beginners can benefit from a free demo account, a strong educational base, and customer support via phone, email, and live chat.
-
Comment
What attracts me to SuperForex is the low minimum deposit of just $5, making the platform accessible to a wide range of traders. SuperForex stands out for the number of account types — offering 11 live accounts, a demo account, and support for PAMM accounts. The broker provides access to over 2,300 instruments, including currency pairs, stocks, indices, commodities, metals, and cryptocurrencies. Leverage goes up to 1:3000, which is significantly higher than the market average. The minimum trade size is 0.01 lots, and spreads on EUR/USD start from as low as 0.3 pips. The platform operates exclusively via MetaTrader 4, and customer support is available 24/5 in multiple languages.
-
Comment
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.
-
Comment
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.
-
Comment
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.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.