Superforex spreads

On a zero (no) spread account you are paying the most of the time $3.5 per 1 lot trading (commission) with a regulated broker, you can be sure that there is no scam or fraud.

Huge forex bonuses

The 10 best Forex Broker with Zero (no) Spread accounts, superforex spreads.

The companies which we present on this page are tested with real money. To get a closer look at a forex broker you can read the full and detailed reviews. The winner is clearly tickmill because the commissions are the lowest.

The 10 best forex broker with zero (no) spread accounts

Do you want to pay less trading fees when investing in currency pairs? – then you should choose zero or no spread forex broker. On this page, we will show you the top 10 companies which are offering trading with starting pips at 0.1. Trading fees can be very expensive when you are doing scalping or high volume trading. By choosing one of our recommended forex brokers you can save a lot of money. In addition, we will provide you detailed information about zero spread trading.

Broker:	review:	spreads and fees:	regulation:	advantages:	open account:
1. IQ option	(5 / 5) ➜ read the review	starting 0.0 pips + NO COMMISSION ($ 10 deposit) – only on main market hours	cysec (EU)	+ leverage up to 1:1000 + personal service + best platform

Save trading fees by using a low spread forex broker

Overall, we tested more than 50 forex brokers in 7 years of trading time and trading fees are very important to check. Most brokers are offering spread-based account types and a few are offering a zero spread account in addition. Sometimes you can switch between a spread or a zero spread account. If you do a calculation between these two account types you will always see that the zero (no) spread account is cheaper for you. Less trading fees will bring you a higher profit.

Comparison between a spread and zero (no) spread account:

For example, you want to trade 1 lot with the EUR/USD asset. On the spread account, you got a 1.0 pip spread. The pip value is $10. That means you are paying a fee of $10 by opening and closing the trade. The value of the fees is depending on the asset.

Spread account: 1 lot EUR/USD with 1.0 pip spread = $10 spread fee

On a zero (no) spread account you are paying the most of the time $3.5 per 1 lot trading (commission)

Zero spread account: 1 lot EUR/USD with 0.0 pip spread = $3.5 spread fee

In conclusion, the zero spread account is 65% – 50% cheaper than a normal spread account. So you should definitely use a zero spread account to pay fewer fees.

Advantage of a 0.0 pip account:

The calculation above shows us that a zero spread account is cheaper than other accounts. That is the main reason why you should use it. In addition, it is better for certain strategies like scalping where traders only trade small trading movements. The real market prices are traded by the broker. Overall, the trading with a 0.0 pip account is more transparent.

Payless trading fees

Better trade execution

Real market prices

Transparent trading

Best for scalping

Disadvantages of a 0.0 pip account:

There is only one disadvantage of a 0.0 pip account. Some forex brokers got no negative balance protection. Forex trading is leveraged trading which implies high risk. There are some market situations where the broker can not close your position (big news event overnight). If you got bad luck and you are trading with a too big trading volume your account balance can become negative. But this is nearly impossible.

Our values to find a good online partner

For traders, it is hard to find a reliable and trusted online forex broker. As experienced traders, we know how to check a partner by certain criteria. Before signing up with a forex broker you should check the homepage to find important information to avoid fraud. There are some fake brokers who are scamming clients all over the world. That should not happen to you so definitely check the regulation of the company. A regulated forex broker is showing the license and regulation on the webpage.

In the following list and video, you will find our full criteria and comparison to find a reliable partner to trade forex. Regulation, the security of funds, and trade execution are very important to us and these are the key factors to trade like a professional.

Criteria for a good forex broker:

Official regulation

Official dealer license

Free demo account

Low minimum deposit

Professional support

Reliable trading platform

Fast execution

Low trading fees

How does a 0.0 pip forex spread broker earn money?

In the zero spread account, an additional spread is not charged but the broker will charge a fixed commission. This is depending on the trading volume of the position. Most brokers will show you a commission per 1 lot (100.000) trade. If the commission is $6 per 1 lot trade you will pay a commission of $0.06 if you are trading 0.01 lot.

In conclusion, the forex broker always earns money because of the additional spread or commission. If you are a high volume trader the broker will earn more money and sometimes the company will give you a rebate so that you pay fewer fees because of the high trading volume.

See the picture of 0.0 pips spread in EUR/USD trading here:

How does the no spread account really work?

In the following, we will show you exactly how it works behind the scenes. The most forex brokers getting liquidity by a “market maker” called “liquidity provider” and some companies are making it by themself. Around the world, there are big liquidity providers like banks (goldman sachs, barclays, citibank, and more). These banks are giving direct market liquidity to the forex brokers.

Forex broker liquidity providers

The orders are matched by the “spot market” and not traded on a real stock exchange like stocks or futures.

Get direct market spreads

With a zero spread account, you get direct market access and real original prices. Most forex brokers show you the liquidity in the trading platform. You can see the market depth and how much liquidity is there. In our opinion, no spread accounts are more transparent than spread accounts.

Direct spreads from liquidity providers

See the market liquidity

The most no spread brokers are ECN or no dealing desk brokers. You can see the market liquidity in your trading platform. The most popular platform is metatrader. If you click on “depth on market” you will see the order book (picture below).

Orderbook for no spread accounts

On the prices, you see the lots based on the liquidity. Liquidity can change very millisecond. We do not recommend trade with order book strategies in the forex market because the numbers are changing too fast.

No conflict of interest

There is no conflict of interest between the forex broker and the trader. It does not matter if you make a loss or winning trades. The broker earns only money by the commissions. Successful traders are welcome because the broker will earn more money in the long run. You can be sure that your funds and investments are safe when the broker got an official dealer license.

Be careful: slippage can happen on market events

Always be careful by trading forex. The 0.0 pip spreads are not fixed. On market events, there can be slippage and you get a bad execution. This also applies to normal spread accounts. It means the market is too fast and there is low liquidity. A lot of traders are closing their limit orders when a market news event happens. So the liquidity is small.

We do not recommend to trade on market news because of the high risk. The volatility can be very high and the movements are not predictable. So be careful when you trade forex. It is not without risk. On the economic calendar, you can see the market events for your forex pairs.

Conclusion: you should use a 0.0 pip forex trading account

On this page, we showed you detailed information about the zero spread account for forex trading. Nowadays, a lot of brokers are offering this account type. The minimum deposit is different from broker to broker. Sometimes you have to invest more than $1,000 into your account to get 0.0 pips spread.

The forex broker is earning money by an additional trading commission fee which you are paying each trade. Bdswiss is an exception with the monthly fee account. The commission is depending on your trading platform and trading asset. As you saw in our calculation you can save more than 60% of trading fees if you are switching to a no spread account.

With a regulated broker, you can be sure that there is no scam or fraud. The companies which we present on this page are tested with real money. To get a closer look at a forex broker you can read the full and detailed reviews. The winner is clearly tickmill because the commissions are the lowest.

Our reviews:

IQ option

IC markets

Tickmill

Bdswiss

Roboforex

Vantage FX

Admiral markets

Blackbull markets

The zero (no) spread account is the best way for traders to save trading fees. It is cheap trading with direct market liquidity.

Superforex review

Superforex is an online forex broker that is located in belize. They offer traders over 300 trading instruments for trading online via the popular metatrader 4 platforms. Despite the broker offering multiple account types, high leverage and a social trading platform, the regulation is not ideal and thus we would take great caution and prefer to use a broker with more regulation.

Superforex review, pros & cons

Managed accounts via superforex bank

Social trading via forex copy

Multiple trading tools & training resources

Offshore regulation not ideal

Clients from USA are not accepted

No proprietary platforms or other choices apart from MT4

Spreads not the lowest

In this detailed superforex review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

Superforex is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including justforex.

Superforex review: summary

Superforex is a broker with a goal to exceed customers’ expectations by providing quality and innovative online trading services. Founded in 2013, superforex is a global brokerage that offers over 300 forex and CFD instruments for trading online via the MT4 trading platform. The broker operates from belize where it is registered and regulated by the relevant authorities. It also has other subsidiaries around the globe. Superforex boasts of over 200,000 clients from 150 countries. The official website is available in 13 languages. The broker features competitive spreads, high leverage and low minimum deposit. Despite this, the regulation is lacking and we would prefer a broker that has regulation from an EU, australian or US authority.

Superforex review: broker features

Superforex states that it is a ‘no dealing desk’ (NDD) broker that has partnered with premium liquidity providers (lps). Some of the lps mentioned are citibank, UBS, BNP PARIBAS, NATIXIS, etc. These lps are responsible for the prices that superforex streams on its platforms on desktop and mobile. In its execution policy document, superforex states that it is the sole execution venue for all orders and acts as principal to all client orders.

Aside forex and CFD trading, superforex is committed helping the less privileged around the world through its social responsibility programmes. The broker has assisted families, orphanages and helpless people in malaysia, indonesia, thailand, egypt, amongst others.

Superforex is proud to announce that its hard work has been acknowledged by industry experts that have honoured the broker with awards. In 2015, superforex was declared the ‘fastest growing broker’ and in 2016, the broker won the ‘best forex broker’ in the MENA region. Both awards were courtesy of showfxworld; an international financial services organization.

Superforex review: broker awards

Superforex review: regulation

Superforex is authorized and regulated by the international financial services commission (IFSC) of belize. This is not considered by many professionals to be one of the most popular regulators in the brokerage industry.

Superforex states that it uses the ‘segregated funds’ policy which means that it does not use clients’ money for its day to day operations. Clients’ deposits should be safely kept away in separate bank accounts and are only used to fund the trading activities of the clients. Superforex should not use the funds for any other purposes such as business running costs.

To ensure the safety of its clients, superforex has installed a ‘secured socket layer’ (SSL) certificate. This technology protects the communication channel between the clients’ access devices and superforex servers.

To further protect clients’ accounts, superforex recommends that they verify their email and phone number. In its anti money laundering (AML) policy document, superforex states that in order to comply with the anti-money laundering laws, it requires every client to upload a government issued ID card and a utility bill document. This is the compulsory verification that is required during registration of new clients.

Clients have access to view a log-in history on their accounts. The log shows all IP addresses, location, time, operating system and the internet browser used for each login. The aim is for a client to easily detect any login activity that is not from him. Clients can also add all their access devices in the clients’ cabinet. Any device not found in the list will not be able to login to that clients’ account. Additionally, a client can create a list of allowed IP addresses that are authorized to access his account. These functions help to secure clients’ account and shuts off hackers.

Superforex review: countries

Superforex states that its services are not available to residents of the USA. Some superforex broker features and products mentioned within this superforex review may not be available to traders from specific countries due to legal restrictions.

If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers australia, best brokers south africa, best brokers canada or our best brokers for all other countries.

Superforex review: trading platforms

MT4 trading platform

Metatrader 4 (MT4) is a free, popular and professional trading platform that has been adopted by many brokers and traders across the world. The MT4 platform is versatile; it has the webtrader version, windows desktop and mobile app versions for android and ios devices. Already, there are thousands of plugin apps including indicators and automated trading systems developed for the MT4 platform, thus encouraging numerous traders to continue using it.

Here are a few of the MT4 platforms key features:

Fully customisable layouts, interface, charts and windows.

All tradable assets can be displayed on 3 chart styles over 9 timeframes.

It is preloaded with 30 indicators and 24 analytical tools.

Traders can create, test and use automated trading robots called expert advisors (eas) to automate their forex and CFD trading.

Strategy tester to back test eas over historical data.

Supports multiple orders including pending orders and market orders.

Alert notifications via platform pop-ups, emails and SMS.

Superforex review: MT4 trading platform

MT4 mobile trading app

This is the mobile version of the MT4 platform which is available as ios and android apps. The apps can be downloaded from the relevant app stores. The MT4 app has almost all of the same features of the MT4 desktop platform and integrates seamlessly with the MT4 accounts. The mobile trading app is useful for traders who wish to trade whilst on the go.

Here are some of the MT4 mobile trading app features:

The app is user friendly and the appearance, colours and other features are customisable.

Shows the selling and buying prices of all the assets in real time.

Shows the charts of all instruments over 9 timeframes.

The ‘trade’ tab shows all the open trades as well as the account balances in real time.

Multiple order types including ‘market execution’ and pending orders.

Set price alerts via push notifications.

Superforex review: MT4 mobile trading app

Superforex trading cabinet

This is an android app developed by superforex. It integrates with the clients’ cabinet area of the website and also has other features for account analysis and statistics.

Here are some of the primary features of the superforex app:

Manage accounts from the app; create new demo or real accounts.

Fund or withdraw from your accounts right from the app.

View the complete trading history.

View all superforex bonus programs.

Full access to the client support desk.

Superforex review: trading cabinet app

Superforex review: trading tools

Forex copy

Fore copy is the superforex social trading platform where traders are able to automatically copy the trades of other traders known as a ‘master’. This is beneficial to investors and new traders because they can easily copy signals without needing to conduct analysis and follow market news. A master trader can also benefit from the service by receiving commissions on any profits made by their signals. An investor only needs a minimum deposit of $100, then they can choose a master account and start copying trades. Superforex profiles a long list of master accounts and their performance statistics so that a copier can carry out a thorough assessment before settling for a master to copy. It must be strongly emphasised that the past performance of trading signals is by no guarantee an indication of future performance and there are always risks involved with trading online.

Superforex review: forex signals

Market analytics

Technical analysis comes up periodically on the superforex website. The analysis is done on selected forex currency pairs. Several indicators are used to analyse selected charts and are rounded off by giving trading ideas to traders.

The economic news is updated every day on the superforex website. This section includes the market overview as well as the different economic news from several countries especially UK and USA.

Fundamental analysis is updated a few times every week on the website. It is mainly focused on currency pairs, gold and oil.

Video analysis is presented once or twice a week on the superforex website and youtube channel. It is presented by a superforex analyst who uses technical analysis principles and indicators to forecast the possible movement of prices of some major currencies.

‘weekly review’ comes up every friday on the superforex website and youtube channel. It is presented as a video.

Superforex bank

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. There is no guarantee on the performance of this managed portfolio and all online trading carries a significant element of risk.

Pattern graphix

This is an expert advisor (EA) that is offered free of charge to all clients by superforex. The ‘pattern graphix’ identifies chart patterns and gives the trader suggestions on how to approach the trading of an instrument based on these patterns. The trader still retains control and can choose to ignore or follow the advice of the expert advisor.

Superforex review: education

Trading seminars

Superforex has held several trading seminars in different towns and in different countries. These seminars aim to give traders and prospective clients the opportunity to interact with superforex experts and learn from them. The seminars focus on practical approach to trading which includes key concepts and strategy development. Seminars have been held in cotonou, lusaka, windhoek, kota salatiga, kuching, kenya, lagos, kuala lumpur, port harcourt, samarinda and other cities within africa and asia.

Trading glossary

A glossary of over 200 trading terms along with explanations are provided on the website. This can be useful to new traders who are looking to familiarise themselves with some of the more popular trading terminologies.

Educational videos

There are several videos grouped as ‘our services’ and ‘forex trading’. There are 16 video lessons teaching technical analysis strategies and principles. There are other video tutorials explaining how users can utilize superforex services like forex copy, bonuses, MT4, etc.

Superforex review: trading videos

Superforex review: trading instruments

The following instruments are available for online trading through the superforex trading platforms:

105 forex currency pairs including the major, minor and exotic crosses

10 metals

84 stock cfds

87 futures

19 indices

9 cryptocurrencies

Superforex review: trading accounts & fees

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.

The following are the STP account types:

Micro cent account: this account is denominated in USD or EUR cents. The minimum deposit is $1/€1 while the maximum deposit is $3,000/€3,000. The lot size is 10,000 cents and the maximum leverage is 1:1000. The spreads are fixed.

Standard account: the minimum deposit is $1 and the maximum leverage is 1:1000. Spreads are fixed and the lot size is 10,000.

Swap free account: $1 is the least deposit amount while the leverage is capped at 1: 1000. Swap charges are waived on this account and the lot size is 10,000.

No spread account: the minimum deposit is $1,000 and the maximum spread is 1:1000. This account is swap-free and the lot size is 100,000.

Profi STP: this account is only available in USD. The minimum deposit is $5,000 and there no maximum deposits. The maximum leverage is 1:200 and the lot size is 100,000.

Crypto account: the account currency is USD. Even though clients operate the account using cryptocurrencies, the conversion is still displayed. The lot size is 10 BTC and the maximum leverage is 1:10. The minimum deposit is $100 and the account features only fixed spreads.

The ECN accounts are similar to the STP accounts except for a few features. There are no maximum deposits, all spreads are floating and forex copy is not available. The account currencies can be in USD, EUR or GBP except for ECN crypto that is only denominated in USD.

The following are the ECN account types:

ECN standard mini: minimum deposit is $1, lot size is 10,000 and the maximum leverage is 1:100.

ECN standard: minimum deposit is $1, lot size is 100,000 and the maximum leverage is 1:1000.

ECN swap-free mini: minimum is $1, lot size is 10,000 and the max leverage is 1:1000.

ECN swap-free: minimum deposit is $1, lot size is 100,000 and max leverage is 1:1000.

ECN crypto: minimum deposit is $100, lot size is 10 BTC and the max leverage is 1:10.

Demo accounts are available to all clients at no costs. These demo trading accounts can be useful to try the different trading platforms available and to practice your trading strategies.

As broker fees can vary and change, there may be additional fees that are not listed in this superforex review. It is imperative to ensure that you check and understand all of the latest information before you open a superforex broker account for online trading.

Superforex review: broker trading accounts

Superforex review: customer service

The superforex customer support desk is available 24/5 during market hours. They have provided a frequently asked questions (faqs) section for the website visitors to first check for answers to questions they might want to ask. If you wish to receive a call from support desk, then fill the ‘call back’ form available on the website. A support representative will call you at your convenience. The fastest way of getting support is through the instant web chat facility on the website. There are other chat options which are: yahoo messenger, whatsapp, skype, telegram and wechat. You can also receive support by calling the international support help line and also by sending email. On social media, superforex is on facebook, youtube, twitter, linkedin and instagram.

Superforex review: deposit & withdrawal

Superforex has a commitment to localising payments and is still expanding it to different countries. Deposits are free but withdrawal commissions are charged depending on the method used.

The following funding methods are accepted:

Local bank transfers: this method is available to clients in malaysia, indonesia, nigeria, kenya, zimbabwe, namibia and iran. The deposits are processed instantly while withdrawals generally take 1-3 business hours. The transfer is done in the local currencies.

Bank wire transfers: it takes 2-4 business days to process international bank deposits. Withdrawals are charged 3% + $35 and it takes up to 4 business days.

Debit/credit cards: all major credit and debit cards are accepted including visa, mastercard and unionpay. Card deposits are processed immediately. Withdrawal charge is 3% + $7 per withdrawal and the minimum withdrawal is $20. It takes up to 3 business days to completely process a withdrawal.

Electronic payments: deposits are instantly processed while withdrawals can take up to 4 business days to complete. The accepted channels are; skrill, sticpay, neteller, payco, triv, fasapay, perfect money, payeer, online naira, ipay, flutterwave, ngan luong. Withdrawal charges range from 0.5%-3.5% depending on the method used.

Cryptocurrencies: the cryptos accepted are BTC, LTC, DOGE, PPC, DASH, RDD, ZEC and BLK. Deposits are processed instantly while withdrawals take 1-3 hours. A commission of 0.9% is charged on withdrawals.

Superforex money: these are superforex money vouchers denominated in $10, $50, $100, $500 and $1,000 used for making deposits. The broker rewards its voucher users with a discount of 7% on all vouchers. Deposits are credited immediately to the trader’s account. Withdrawals to vouchers take 1-3 working days and no commissions are charged. The vouchers have no expiry dates and no limitations.

Superforex review: broker account funding

Superforex review: account opening

Superforex asserts that it takes only 3 easy steps to open an account and start trading online. First click on the ‘open account’ button found on the top right-hand side of any webpage on the website. On the drop-down list that displays, select ‘trader’, click on the checkbox to agree with the superforex public offer agreement if you agree to it and then click ‘open account’. The client registration form displays.

Superforex review: open brokerage account

Fill the form and click ‘next’ to display the second page of the form. Select the account type, leverage and currency, then, click on ‘open account’. You are automatically logged onto the client cabinet area where you can fund your account, download trading platforms, etc.

Superforex review: conclusion

Superforex is a broker that is out to satisfy its customers. Regulated by the IFSC, the broker states that clients’ accounts are secured and digitally protected. Clients’ funds should be safely kept in segregated accounts.

Superforex offers multiple account types so that every trader can choose what works for them depending on their investment size and trading experience. The broker also offers multiple payment options to accommodate clients from different countries with differing needs.

They allow all trading strategies and traders with small capital are welcome. The metatrader platforms give multiple options for traders and are a popular choice for both beginner and experienced traders.

The provision of market analytics and educational materials further demonstrates the broker’s commitment to supporting traders. Managed portfolios via superforex bank and forex copy are designed for investors and traders who wish to copy or provide trading signals.

Despite this, the IFSC belize regulation is not at par with that of FCA, cysec or ASIC. This is why several industry experts warn traders to avoid such brokers. Although superforex seems to be a genuine and respectable broker, we would proceed with great caution when dealing with this broker. It should also be mentioned that the spreads are not also the tightest when compared to other online brokers.

CFD and FX trading on margin carry high levels of risk. Traders should ensure they understand the risks associated with leveraged CFD and FX trading before deciding to trade.

Min $1 deposit

Superforex is an online forex broker based in belize. They offer over 300 trading instruments for trading via the MT4 platforms. Whilst they have multiple account types, high leverage & social trading, the regulation is not ideal.

Superforex review - is it scam or safe?

RECOMMENDED FOREX BROKERS

Trading accounts

account type	minimum deposit	minimum trade size	maximum leverage	spreads (& commission)
micro cent	$1	0.01	1:1000	fixed, 2 pips
standard	$1	0.1	1:1000	fixed, 2 pips
no spread	$1 000	0.1	1:1000	0 pips + commission from 0.02%
profi STP	$20 000	0.1	1:200	variable, from 20% on basic pairs

Superforex offers its clients the above account types. In addition, swap-free (islamic) option is available for standard acount holders who are not willing to earn interest for religious reasons. To compensate for the lack of swaps, islamic accounts work on a fixed commission.

Furthermore, this broker provides PAMM system for customer who prefer their accounts to be managed by experienced traders (managers). On the other hand, such professional traders have the opportunity to generate additional income.

The company. Security of funds

Operating since 2013, superforex is an offshore broker offering trading in over 300 currency pairs, a wide range of cfds on various assets, cryptocurrencies included (bitcoin, ethereum and litecoin). Trading with this broker is done through the popular metatrader 4 and its services are offered to both retail and institutional customers from europe, asia and the middle east.

It is licensed by the international financial services commission (IFSC). Belize is known as an offshore destination for financial service providers, where the regulation and licensing requirements are not as strict as in other jurisdictions. Many forex brokers choose to register in belize, since they are obliged to meet fewer and softer requirements and to comply with less strict rules than if they were regulated in the UK or US for example. In fact, IFSC rather relies on self-regulation of forex brokers.

Recently, as of the end of 2015 and the beginning of 2016, belize regulation tightens. IFSC increased the minimum requirement for initial capital for financial and commodity-based derivatives brokers from $100,000 to $500,000. Furthermore, IFSC has increased the annual license fee from $5,000 to $25,000. In comparison, the minimum capital requirement for UK-based brokers is 730 000 EUR and for US-based ones – 20 million.

So, regulation in belize is better than the one in the st. Vincent and the grenadines, where brokers follow simple registration procedure and don’t have to comply with any requirements as regards minimum capital or segregation of client’s’ funds, for instance. Still, IFSC supervision cannot be compared to the one exercised by US or UK financial watchdogs.

If you intend to invest a large amount of money, we would advise you to select a forex broker licensed in UK, cyprus, US for instance, where regulation is strict and there are compensation schemes, which will protect your money in the event that your broker is at default.

Trading conditions

Minimum initial deposit
the minimal sum required to open an account with superforex is just $1, a symbolically low amount, which is reasonable, considering the looser regulation.

Average spreads & commissions
this broker offers mostly fixed spreads, amounting to an average of 2 pips on EUR/USD and says that it doesn’t charge any commission. Such fixed spread is considered average for the forex market. Yet, some brokers have better offers: easymarkets offers spreads fixed at 1.0 pips on EUR/USD for those who deposit more than $250.

Maximum leverage
the maximum leverage rates at superforex are high, reaching 1:1000. In comparison, easymarkets provides leverage up to 1:400, which allows for better risk management strategy.

Many jurisdictions set limitations on leverage, which are considerably lower, for instance 1:50 in USA and 1:25 in japan. The reason for this is that trading on margin involves a risk of heavy losses, exceeding the initial investments and that is why traders should exercise caution.

Trading platform

Superforex supports the award-winning metatrader 4, the preferred choice of trading professionals. The platform offers all a trader needs: a number of technical indicators, extensive back-testing environment, advanced charting package and a wide range of expert advisors (eas). Traders can download ready-made or create their own automated trading strategies and simply let the program do all the work.

Bonuses & promotions

This broker offers a variety of bonuses:

- 40% welcome bonus on first deposit;
- no deposit bonus- new members can get up to $100 just by opening a real trading account, no initial deposit is required. The no deposit bonus cannot be combined with other bonuses.
- 60% energy bonus on each deposit - every time you make a deposit to your account, you will receive a 60% bonus, regardless of the amount of the deposit;
- 120% hot bonus – it is intended for traders who want to operate with a larger trading volume and earn a better profit;
- friends & family invitation bonus up to $100 (the person referred to us also will also get a reward in the form of bonus depending on their initial deposit).

Moreover, there is the trading points loyalty program. Upon registration all members automatically enter the contest and start collecting points for rewards. For each trade order the corresponding amount of points is credited to members’ accounts (1 point = 1 lot = $0.01).

Superforex has also organized the lucky draw contest, which is open for any real account holders with an account balance of at least $300 for the whole period of the contest. They get the chance to win a tradable bonus of $1000, based on account balance calculations.

In addition, this broker offers fixed annual interest rate of 5% for its clients ‘equity, regardless of their trading volume.

Methods of payment

The following payment modes are available to clients of superforex: credit/debit cards (visa, mastercard, unionpay), bank wire transfer, and the following e-wallets: skrill, neteller, webmoney, payco, QIWI, yandex, epayments transfer, boleto transfer, latin america transfer, деньги online, fasapay and 10 cryptocurrrencies.

Clients can open accounts and deposit funds in USD, EUR, and RUB.

Conclusion

Superforex provides competitive conditions for trading in various currency pairs and cfds on the popular MT4. However, there is no choice of trading platforms, and what is most important – forex broker regulation in belize is quite loose. To sum up the above, here are the advantages and drawbacks with regards to this broker:

Pros	cons
MT4 available	no choice of trading platforms
high leverage levels offered	liberal regulation
low initial deposit required
bonuses available

Latest news about superforex

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

Fxpro is a broker we are particularly keen on: it’s regulated in the UK, offers metatrader 4 (MT4) and ctrader – where the spreads start at 0 pips, level II pricing and full market depth. And the best part? With fxpro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS mastercard is also available for faster deposits and withdrawals.

Fxchoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

Hotforex is a EU regulated broker, offering wide variety of trading accounts, including auto, social and zero spread accounts. The minimum intial deposit for a micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.

Broker	country	regulation	platform	min deposit	review
	cyprus, SVG	cysec	MT5, web, ctrader	$100	review website
	australia, cyprus	ASIC, cysec	MT4, MT5, iress	$100	review website
	cyprus,belize, australia	cysec, IFSC, ASIC	MT4, MT5	$5	review website
	UK, australia, south africa	FCA, ASIC, FSCA, cysec	MT4, trading station, ninjatrader	$50	review website
	UK, cyprus, UAE, south africa	FCA, cysec, DFSA, FSB	MT4, MT5, fxpro markets, ctrader	$100	review website
	cyprus	cysec	MT4, MT5, web	$1	review website
	belize	IFSC	MT4, MT5	$100	review website
	cyprus, UK, south africa, UAE	cysec, FCA, FSCA, DFSA	MT4, MT5, web	$5	review website
	hong kong	SFC	marketspeed FX, trading station	$1	review

Traders` reviews for superforex

Spread

Slippage

Requotes

Price feed

Platform

Deposit/withdraw

Customer service

Summary

Scammer

Super forex is of scamming broker.They wont allow you to withdraw profits. I got profit $500 and they cancelled the trades and I asked them ther replied you made a violation and they suggested to change the strategies. As per the agreement as of them in 5.6. I have all the proofs if you need any help contact me +919789273108(whatsapp). Note: kindly avoid using super forex broker.Thank you.

Superfxtrade

Company said I must pay R10000 for VIP upgrade and that my withdrawal would be successful into my bank account
it's 4 days later and I still have not had any feedback except for the broker telling me that it was not successful because the amount is too big for my bank. Yesterday they sent an email that I must credit my luno wallet before payment but I have already paid.

Very big scam

Don't trade superforex broker
my initial amount is not given and profit are cancel

My total loss 1250usd not given
big scam fraud broker superforex

The biggest scam broker on the planet. Run away with your money

Here's one of the many such conversations I had with their support department. It should be a real eye opener:

Superforexcustomer support
[email protected]
you — please update your info
hello
chat started
superforexcustomer support joined the chat
superforexcustomer supporthello, how can we help you ?
You — please update your info
I made a withdrawal of 330 EUR via sorexpay but only got 246 EUR in my account
superforexcustomer supportcould you provide your account number (login) to us?
You — please update your info
is this normal or there was an error?
247350
superforexcustomer supportwait, please.
Your withdrawal was transfered in full from our side. Please, note the fees and commissions of your payment system.
You — please update your info
the fees and commissions were 80 euros?
I don't think any payment system charges that much
let me show you the transaction from my side
superforexcustomer supportplease, note that transferring from card processing company to your bank can take up to 5 business days.
You — please update your info
I have already received the money. It's just not the correct amount
as you can say sorexpay only sent 279 usd to me despite my withdrawal being 330 EUR
see*
superforexcustomer supportit is payment system commission + convertation losses (we work with sorexpay through USD wallet, your account in EUR)
you — please update your info
yes, I understand that
my net withdrawal from superforex was 310 EUR
I have the email from superforex to confirm that
and if you convert 310 EUR it's not 279 usd
how does that become 279 usd?
Superforexcustomer supportpayment system commission + convertation losses
you — please update your info
can you breakdown the whole calculation for me please
show me how we went from 330 EUR to 279 usd
it should be easy to do
are you still there support?
Superforexcustomer support16.9EUR is your payment system commission
other part is convertation losses
you — please update your info
what was the rate you guys used?
Superforexcustomer supportyou can check it in your mt4
you — please update your info
well, in my MT4 right now the rate is 1.12985
therefore my 313 eur should be 353 usd
how are you guys calculating it
superforexcustomer supportthe calculations are based on time of transaction currency rate
you — please update your info
what was the rate at the time of conversion
?
As a customer i'd think I'm privy to such knowledge
do you at least understand that I'm just asking for a full comprehensive receipt of how my withdrawal was handled here?
And if your company is not cheating me in any way they should have no problem providing a clear breakdown of every penny
I don't get your insistence on telling me "convertation losses" (which P.S the correct term is conversion) rather than just showing me that we converted your 313 eur on this specific date and time at a rate of xxxxx bringing your money to 279 usd
and the usd is worth less than the euro. How's the amount decreasing when converted from euro to usd?
Are you still there suppport?
Superforexcustomer supportyes. We passed your request to our financial department. We'll send your receipt via email.
You — please update your info
okay, I'll be waiting
do you guys deliberately make all these "errors" to steal people's money or your systems are just not well optimized?
As a customer support rep I can understand how hard your job must be trying to convince customers otherwise when it's clear some gross errors are taking place. Probably by other departments
superforexcustomer supportwe apologize for the inconvenience.
You — please update your info
when can I expect the receipt
?
Superforexcustomer supportin 48 hours
you — please update your info
okay, I will wait for it then
good day
type your message here

Scam broker

Scam broker. If somebody is reading this - don't open account! They are scam broker and thieves. I have lost few hundred $

Superforex changing minimum lot size from 0.01 to 0.50 .

Hi.
Till now I was surprised with superforex customer policy but bellow I will explain why I don't trust them anymore.

First, yesterday (may, 17.2018) they changed a minimum lot size from 0.01 lot to 0.50 lots for micro accounts. It was done without any prior notice or without some announcement. Just imagine, they change it for 5000% and they didn't tell the customer about it.

When I realized that they change it, and when I asked what is it about, they told me "sorry. Our mistake." and that was it. Still they claim 0.01 as a minimum lotsize, and I can see, that you didn't change it, too.

Second, about hotenergybonus (60% on deposit). I had an account for a while and I traded on it. Sometimes ago when I read about that bonus, I made a deposit with it. Suddenly, all my deposits before that moment they count as they were made with bonus. So, if you have deposit 100 USD$ without it and 1 USD$ with that kind of bonus they will count that you deposited 101 USD$ with hotenergybonus. Beware.

It is not a metter of money it is a matter of principals.

Superforex spreads

Самый универсальный счет, который подходит для трейдеров всех уровней.

Swap free счет

Счет без свопов (исламский) аналогичен нашему стандартному счету, но не имеет свопов.

No spread счет

Со сделок, которые вы открываете, не взимаются комиссионные сборы, а полная стоимость транзакции сразу видна.

Micro cent счет

Счет для небольших депозитов, где вам не нужно беспокоиться о больших потерях капитала.

Profi STP счет

Этот счет для профессиональных трейдеров, которые торгуют большими объемами и стремятся получать большую прибыль.

Crypto счет

Этот тип счета предназначен для трейдеров, которые не боятся перемен и двигаются в ногу со временем.

Стандартный ECN счет

Этот счет позволит вам торговать напрямую на рынке форекс со стандартными условиями и по лучшей цене без реквот

ECN standard mini account

You can enjoy all the benefits of a standard account, only with a smaller lot size for more lean trading.

Специальные предложения

Страхование депозита

Вы когда-нибудь беспокоились о том, может ли сделка обернуться против вас и стоить вам вашего депозита? Такого не случится! Superforex разработал инновационную программу страхования вкладов, которая позволяет вам сохранить депозит, даже если что-то пойдет не так.

Forex copy

Сервис forex copy - это уникальное предложение, которое позволяет вам просматривать базу успешных трейдеров и копировать их сделки, чтобы зарабатывать на этом. Forex copy -это настоящий путь к успеху, он сможет сэкономить вам огромное количество часов, которое вы потратите на изучение рынка.

Конкурсы

Приглашаем вас принять участие в захватывающих конкурсах на демо и реальных счетах! Мы проводим как регулярные, так и разовые соревнования для трейдеров. Все демо контесты абсолютно бесплатны, но за небольшую плату вы можете попробовать свои силы в реальных конкурсах с отличными призами.

Bonus program

We offer 6 bonuses for our clients. You can use all our bonuses for more profitable trading. We also have a no deposit bonus for beginners. All earned income from bonus trading is available for withdrawal.

Дистанционное обучение

Чтобы помочь вам лучше познакомиться с торговлей на форекс, superforex подготовил для вас специальный курс дистанционного обучения. По окончании этих лекций вы сможете изучить основы торговли на форекс и стать более опытным трейдером.

Мобильный кабинет

Ваш опыт торговли с superforex теперь может быть более мобильным, чем когда-либо, благодаря нашему мобильному кабинету. С помощью этого приложения вы можете следить за своими сделками и управлять своим счетом со своего мобильного устройства.

SF bank

При использовании свободного капитала для работы и получения прибыли существует множество вариантов, куда можно вложить деньги - одним из них является SF bank. Вы можете инвестировать в различные торговые инструменты (валюты, CFD, металлы и криптовалюты) и получать прибыль.

Superforex

Bitcoin

Cashu

Credit/debit cards

Dash

Ethereum

Fasapay

Litecoin

Local bank transfer

Neteller

Perfect money

Ripple

Skrill

Unionpay

Webmoney

Wire transfer

Trading server time zone GMT

VPS for traders coming soon

Special notes our bonus lineup will not leave you unmoved:
no deposit bonus
dynamic bonus
40 % welcome bonus
60 % energy bonus
120 % hot bonus
friends and family invitation bonus

Full information about our bonuses you can found on our website superforex.Com
superforex offers a wide range of financial services and investment products to private or institutional investors to help them trade successfully through a variety of account types on the most innovative platforms.
Over 300 currency pairs
34 contracts for difference (CFD)
no minimum deposit required
no commissions charged
no hidden costs implied
leverage up to 1:1000
dedicated personal account managers
24/7 live support

Account types:

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $1

Maximum account size $50

Minimum position size 0.01 lot

Spread type variable

Typical spread on EUR/USD, pips 2

Minimum spread on EUR/USD, pips 0

Commission (one-way) per 1 std. Lot $0.01

Scalping allowed

Expert advisors allowed

Trading instruments

Forex 1:1000

CFD 1:1000

Futures 1:1000

Indexes 1:1000

Energies 1:1000

Cryptocurrencies 1:10

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $1

Maximum account size $50

Minimum position size 0.01 lot

Spread type variable

Typical spread on EUR/USD, pips 2

Minimum spread on EUR/USD, pips 0

Commission (one-way) per 1 std. Lot $0.01

Scalping allowed

Expert advisors allowed

Trading instruments

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $100

Minimum position size 0.01 lot

Trading instruments

Reviews

58 reviews of superforex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

I participated in the gold rush competition organized by a superforex broker and won. This contest provides a great opportunity to start a business in forex trading. You don’t bet any money and you can win money for real trading. I also did not have the initial funds to trade. I took part in the competition organized by superforex and won. This is great. It's all real. Superforex offers its customers great opportunities. I would like to thank the superforex team for this. I recommend participating in superforex contests.

This broker works very well. Really reliable, and if they pay! I just won $ 100 in the rush gold contest. I am grateful to this broker. I invite people to give it a chance and trade on superforex. Good trade for everyone!

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.

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.

Super forex has grown to be the best broker and since i joined i have loved their services and i would encourage others to join together we experience great services

I'm quite satisfied with superforex. They have given me the best customer support ever since day 1. To be honest, they has given me the confidence to stay at the platform even more than ever before. Trade with ease my friend and thats superforex for you.

I won gold demo contest. Recommend other traders who are interested in trading contest to join super forex demo contest.

I was very happy to win $ 50.00 at the gold rush contest, I am very grateful to the renowned superforex broker for the opportunity to participate. Thank you from the bottom of my heart. You are the best. Thank you.

I won 30usd in contes gold rush recommend for all trader.The best of super forex.

I came 2nd on round #59 of the demo contests ,and l won $50 for trading , the experience on demo was real. Their spreads are low as well as fast execution on trades .

Superforex has excellent forex trading services. I was attracted to the deposit features, the huge bonuses and the free forex education tools superforex offers.

I won $30 in third place in the gold rush #57 demo contest among thousands of other traders. And all without risking any single money at all this april 2020. Great customer care, low spread and fast execution too. They are the best!

Gold rush contest is for everyone as long as you have a real account, you can enter and maybe you may win just like me.

Recommend.Fast execution of transactions.No problem from money withdrawal.Very helpful service

AND won 30 usd at gold rush # 55 SUPER!

Won 100 usd at gold rush # 54

Recommend, good company, very helpful service

I played the gold rush contest and finished 3 and won $30. Thank you very much superforex.

The contest is for everyone as long as you have a real account and you can win yourself real money.

I won the second period of $ 50 in gold rush, I consider superforex the best trading school so far acquired

I am the winner of the super forex contest 49 and I have won the 100$ prize. It is a really good forex company and its team is also very helpful. Take part in the gold rush contest

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