SuperForex Review

Minimum Deposit: $1 VISIT BROKER
Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

SuperForex is a well-established broker and regulated by the IFSC. The broker strives to meet the needs of its clients according to their needs. There is something for everyone to trade with hundreds of trading products and user-friendly platforms to pick from. SuperForex provides a variety of account options so that every trader may choose what works best for them based on their background, investment amount, and trading experience. To serve clients from many nations with varying demands, the broker offers a variety of quick and easy payment methods.

SuperForex Review


SuperForex is an online CFDs and forex broker that operates from Belize, C.A. The broker has been providing its services since 2013. IFSC regulates its parent company SUPERFOREX Ltd. SuperForex has a handsome product portfolio of more than 350 financial instruments. The broker offers true STP and ECN trading environment over popular asset classes such as forex, CFDs, cryptocurrencies, commodities, stocks, and indices. Traders can enjoy the simplicity of MetaTrader 4 and a dedicated mobile app from SuperForex to trade manually and also get the benefits of copy trading solutions. The broker is enriched with educational and research resources. In addition, the broker offers trading with very tight spreads and zero commissions.

7.7Expert Score
SuperForex Rating

SuperForex tends to both individual and corporate clients. They offer a decent selection of CFD trading instruments and other investment opportunities, constantly expanding their portfolio to cater to more and more traders’ interests.

Trading Products
Commissions and Fees
Platforms and Tools
Research and Education
Deposit and Withdrawal

SuperForex Review

Pros and Cons

SuperForex has years of expertise in providing trading services in over 150 countries. Therefore client satisfaction is prioritised in nearly every aspect. The broker offers 350+ trading products with very low or no deposit requirements. The broker offers very advanced trading platforms with STP and ECN accounts. You can also choose cryptocurrency as your base currency with SuperForex which is not something you see with many brokers, Hugo’s Way being another option.

On the other hand, SuperForex does not accept clients from the USA, Ukraine, and North Korea. The broker does not offer MT5 or any other proprietary platform and charges a withdrawal fee on a few payment methods. The minimum deposit is $1, and the broker is only regulated in Belize. If you are in the USA or just looking for a broker with top tier regulation, then IG would be my top choice to consider.

  • User-friendly MT4 platform
  • 350+ financial instruments
  • Several account types
  • Minimum $1 deposit
  • Several deposit/withdrawal options
  • Cryptocurrency as the base currency and payment option
  • Tight spreads
  • Fast trade executions
  • No commission
  • Wide range of educational resources
  • Numerous trading tools
  • Managed accounts
  • Social trading
  • Islamic accounts
  • Friendly 24/5 customer support
  • Demo trading
  • No US clients accepted
  • No MT5 or any other proprietary platform
  • Offshore regulation
  • Withdrawal fee

SuperForex Review

Trading Products

SuperForex has a decent product portfolio of over 350+ financial instruments from several asset classes for trading CFDs such as forex, cryptocurrencies, commodities, indices, and stocks. However, the broker does not offer bonds, options, and ETFs trading at this time. For those instruments you could take a look at AvaTrade instead. If you are just looking to trade forex and a few other poular instruments, I think that SuperForex will have more than enough to keep you busy.

SuperForex Instruments Summary

SuperForex Instruments

SuperForex Review

Commission and Fees

Commission and Spread Fees

SuperForex offers trading on very tight spreads and charges no commissions with any account type. However, there might be overnight swaps or rollovers. But you can also avoid swaps with Islamic accounts offered by the broker, provided you are of the Muslim faith and can prove it. Regardless, all traders can enjoy fixed, or zero spreads with STP accounts and floating or variable spreads on an ECN account.

FeeSTP AccountECN Account
Commission (per standard lot per side)$0$0
Spreads from0.00.0
SuperForex Fees

Deposit and Withdrawal Fees

SuperForex does not charge any deposit fee while using any payment methods. However, the payment method service used may incur some charges. On the other hand, the broker charges, on average,  3% withdrawal fee on bank transfers, 3% withdrawal fee on debit/credit cards, 2% withdrawal fee on electronic wallets, and 5% withdrawal fee on cryptocurrencies payments.

Inactivity Fees

SuperForex does not specify any inactivity fee on its website.

SuperForex Review

Platforms and Tools

SuperForex provides its traders with industry standard trading platforms. MetaTrader 4 one of the most popular trading platforms and the platform of choice for CFD and forex traders around the world.

MetaTrader 4 (MT4)

SuperForex MetaTrader 4 for PC, Web, and mobile includes a configurable interface and rapid execution. This platform provides a diverse set of trading tools so you can create your own trading templates and analyse the charts in a way that works for you. It allows you to seamlessly swap between accounts, see your whole trading history, and has useful graphical elements for powerful technical analysis. MT4 is a well-known, award-winning trading terminal that is used by millions of traders worldwide. It is intended to serve users who are trading Forex, CFDs, and futures markets online. The program provides a comprehensive yet straightforward perspective for trading online. I think it is an ideal platform for beginners whilst it also has enough advanced functionalities to meet the demands of the more experienced traders.

Here are some of the pros of the MT4 trading platform:

  • Customisable layouts
  • Line, bar, and candlestick charts
  • Timeframes from 1min to 1month
  • 30+ technical indicators
  • 15+ charting objects
  • Automated trading with Expert Advisors (EAs)
  • Strategy tester for backtesting over historical data
  • Multiple orders, including market and pending orders
  • Trailing stop, stop-loss, and take profit orders
  • Push notifications
  • MetaQuotes marketplace to buy and sell indicators and EAs
  • Available on web browsers, Windows, Mac, Android, and iOS devices
SuperForex MT4 Platform
SuperForex MT4 Platform

Mobile App

In order to keep up with the financial markets, traders need to make decisions in a split second. The SuperForex mobile app is designed to deliver a comprehensive trading experience directly from your mobile device; whether it’s checking on your active trades or opening or closing new ones, this modern and versatile trading app can do it all in one place. Here are the key features of the SuperForex mobile app:

  • Open/close demo/real account
  • Deposit and withdraw funds on the go
  • Check trading activity
  • Market watch with live price quotes
  • Merge accounts
  • Receive trade signals
  • Copy trading
  • Market analysis
  • Economics news
  • Access client’s area
SuperForex MT4 Trading App
SuperForex MT4 Trading App

Trading Tools

Forex Copy

Forex Copy is a SuperForex social trading platform that allows traders to copy the trades of Master traders automatically. This is helpful to investors and beginning traders since they can readily mimic signals without conducting research or keeping up with market news. A master trader might benefit from the service as well by collecting commissions on any gains generated by their signals. SuperForex offers numerous master accounts and portfolios, allowing a copier to evaluate thoroughly before selecting a master to copy. If you are looking specifically for a copy trading solution, you might want to consider eToro as they are the industry leaders when it comes to social trading platforms.

SuperForex Bank

This is a managed investment portfolio of CFDs, stocks, and cryptocurrencies by SuperForex. Withdrawals and investment portfolios are subject to commissions. There is no assurance that this managed portfolio will perform well. If you are looking for managed accounts, you might want to see what have to offer.

SuperForex Platforms Summary

MetaTrader 4 (MT4)
MetaTrader 5 (MT5)x
Social Trading
SuperForex Platforms

SuperForex Review

Research and Education

SuperForex provides a variety of educational and research resources to help bring you up to speed with the global markets and trading online. Let’s dive into the details of these helpful resources.

Market Analytics

The SuperForex website features technical analysis on a regular basis. Several indicators are employed to analyse chosen charts, and the analysis is completed by providing traders with trading recommendations.

The SuperForex website is updated daily with economic news. This section contains a market overview and various economic news from various nations, primarily the United Kingdom and the United States. The website’s fundamental analysis is updated a few times every week. It is mostly concerned with forex, gold, and oil.

The SuperForex website and YouTube channel include video analysis once or twice a week. It is offered by a SuperForex analyst who forecasts the potential movement of the values of various major currencies using technical analysis. Every Friday, the SuperForex website and YouTube channel provide a ‘Weekly Review.’

Pattern Graphix

This is a free expert adviser (EA) provided by SuperForex to all clients. The ‘Pattern Graphix’ finds chart patterns and advises traders on how to approach trading an instrument based on these patterns. The trader retains control and might choose to reject or accept the expert advisor’s advice. I think this can be a good tool to help find trading opportunities that you may have otherwise been unaware of. However, I would use my own methods of market analysis to confirm each pattern.

SuperForex Pattern Graphix Tool
SuperForex Pattern Graphix Tool

Trading Seminars

SuperForex has organised a number of trading seminars in various cities and countries. These seminars are designed to provide traders and prospective clients with the chance to engage with and learn from SuperForex professionals. These seminars concentrate on a practical approach to trading, including important ideas and strategy building.

Trading Glossary

The website includes a vocabulary of over 200 trade words with explanations. This might be good for novice traders who want to become aware of some of the more common trading jargon.

Educational Videos

There are several videos categorised as ‘our services’ and ‘Forex trading.’ 16 video classes clearly explain technical analysis ideas and methodologies. Other video lessons show how to use SuperForex services such as Forex Copy, Bonuses, MT4, etc. This is a good way to learn more about forex in your own time.

Trading Courses

Online Forex classes may be a better alternative if you want to dive more in-depth into a certain topic that you are struggling to comprehend or want to learn more about. The course comprises numerous lectures that go through the most basic fundamentals in Forex trading in great depth.

SuperForex Trading Courses
SuperForex Trading Courses

SuperForex Research and Education Summary

Market Analysis
Trading Centralx
Economic Calendarx
SuperForex Resources

SuperForex Review

Deposit and Withdrawal

SuperForex offers a wide range of quick and easy payment methods for depositing or withdrawing funds. These payment options include wire transfers, credit/debit cards, electronic wallets, and cryptocurrency wallets.

SuperForex Funding Summary

Payment MethodDepositWithdrawal
Wire Transfer
Credit/debit Card
Electronic Wallets
SuperForex Funding Options

SuperForex Review

Regulation and Safety

The International Financial Services Commission (IFSC) of Belize has authorised and regulated SuperForex. Although it is an offshore regulatory authority, still the broker has gained the trust of thousands of traders over more than a decade of trading services. If you would prefer to trade with a broker that is regulated in other jurisdicitons, then are a top choice of forex broker.

SuperForex Regulation Summary

ASIC (Australia)x
IIROC (Canada)x
CySEC (Cyprus)x
SFC (Hong Kong)x
JFSA (Japan)x
MAS (Singapore)x
FINMA (Switzerland)x
Other (IFSC)
SuperForex Regulators

SuperForex Safety

SuperForex has no banking license and is not traded as a public company on any stock exchange. SuperForex claims to follow a segregated funds policy, implying it does not use customer funds for day-to-day operations. Client deposits should be held separately in separate bank accounts and used exclusively to fund the clients’ trading operations. The broker has installed a ‘Secured Socket Layer’ (SSL) Certificate to safeguard the security of its clients. This technique secures the connection between the customers’ access devices and the SuperForex servers.

Moreover, Clients can check their login history on their accounts. The log records each login’s IP address, location, time, operating system, and internet browser. Clients can also store all of their access devices in the cabinet. Any device that does not appear on the list will be unable to access that client’s account. A customer can also construct a list of IP addresses that are permitted to access his account. These features aid in the security of clients’ accounts and deter hackers.

SuperForex Review

Client Support

SuperForex provides customer support 24/5 during weekdays and market hours. But the support staff is very humble and cooperative. Customer support service can be reached via live chat, email, and phone. There is also a get a call back service available and a FAQs section on the website to get the answers quickly. I think they could improve by extending support hours to weekend to keep up with competitors such as Purple Trading.

SuperForex Review


Overall, I think SuperForex has a good all-round offering, especially when it comes to trading forex. You can buy and sell hundreds of CFD instruments across various asset classes. The broker gives you convenient access to the financial markets via user-friendly platforms and apps. There are some resources to help keep you informed about what is happening around the markets but I think they could benefit by integrating some third-party software such as Autochartist and Trading Central. In saying that, they do have a social trading platform and managed accounts which may be of interest if you are looking to take a hands-off approach. The trading costs are very low and you can choose from a great selection of account funding methods. Despite the many positives, I feel they could improve regulation to gain the confidence of a wider audience.

Everything that you find on is based on information and data that is readily available from each broker that we have reviewed. We combine our 15+ years of industry experience with research, analysis and user feedback. This enables us to give an impartial and reliable broker rating. You can read more about our broker review process here.

SuperForex Review


When was SuperForex founded?

SuperForex was founded in 2013.

Where is SuperForex located?

SuperForex is located in Belize, C.A.

Is SuperForex regulated?

IFSC regulates SuperForex in Belize.

What trading instruments does SuperForex offer?

SuperForex offers 350+ trading instruments over various asset classes such as forex, cryptocurrencies, commodities, indices, and stocks.

What is SuperForex’s minimum deposit?

SuperForex requires a minimum deposit of $1.

What trading platforms does SuperForex offer?

SuperForex offers MT4 and its mobile app for trading.

What is SuperForex’s commission fee?

SuperForex does not charge any commission.

Does SuperForex charge an inactivity fee?

SuperForex does not charge an inactivity fee from the dormant accounts.

What are SuperForex’s spreads?

SuperForex offers variable and fixed spreads starting from 0.0 pip.

What funding options does SuperForex offer?

SuperForex offers wire transfers, debit/credit cards, e-wallets, and crypto-wallets as funding options.

Does SuperForex offer demo trading?

Yes, SuperForex offers demo trading.

Does SuperForex offer Islamic accounts?

Yes, SuperForex offers Islamic accounts and swap-free accounts.

How do I contact SuperForex customer support?

You can contact the broker’s customer support 24/5 during working hours via live chat, phone, or email. You can also request a callback.
SuperForex Review
SuperForex Review
Minimum Deposit: $1
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