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🏦 Min. Deposit | USD 5 |
🛡️ Regulated By | FSC |
💵 Trading Cost | USD 20 |
⚖️ Max. Leverage | 1000:1 |
💹 Copy Trading | No |
🖥️ Platforms | MT4 |
💱 Instruments | Forex, Cryptocurrencies, Commodities, Metals, Stock CFDs, Energies |
Last Updated On May 10, 2023
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.
With a large number of Forex pairs and a near equally large number of trading account types, SuperForex seems to be throwing the doors open to as many clients as possible. A little additional digging uncovers very wide spreads on the Market Maker STP accounts, and massive non-transparent commissions on the ECN accounts.
Weak IFSC regulation provides limited oversight of SuperForex. When coupled with an insufficient level of educational material for beginner clients, we question whether SuperForex is the right choice for beginner traders looking for a trusted broker.
🏦 Min. Deposit | USD 5 |
🛡️ Regulated By | FSC |
💵 Trading Cost | USD 20 |
⚖️ Max. Leverage | 1000:1 |
💹 Copy Trading | No |
🖥️ Platforms | MT4 |
💱 Instruments | Forex, Cryptocurrencies, Commodities, Metals, Stock CFDs, Energies |
Chris joined the company in 2019 after ten years experience in research, editorial and design for political and financial publications. His background has given him a deep knowledge of international financial markets and the geopolitics that affects them. Chris has a keen eye for editing and a voracious appetite for financial and political current affairs. He ensures that our content across all sites meets the standards of quality and transparency that our readers expect.
Alison joined the team as a writer in 2021. She is the Senior Editor for FXScouts. She has a medical degree with a focus on physiotherapy and a bachelor’s in psychology. However, her interest in forex trading and her love for writing led her to switch careers. She has a passion for Forex trading and over a decade of editorial experience researching Forex and the financial services industry, producing high-quality content. She hosts a weekly podcast, “Let’s Talk Forex,” alongside her colleague, Chris, and has produced over 100 Forex educational videos for the FXScouts YouTube channel. She also writes weekly technical analyses and has tested and reviewed over 100 Forex brokers.
Ida joined our team as a financial writer in 2023. She has a degree in Digital Marketing and a background in content writing and SEO. In addition to her marketing and writing skills, Ida also has an interest in cryptocurrencies and blockchain networks. Her interest in crypto trading led to a wider fascination with Forex technical analysis and price movement. She continues to develop her skills and knowledge in Forex trading and keeps a close eye on which Forex brokers offer the best trading environments for new traders.
Find out how Super Forex stacks up against other brokers.