Superforex Broker Review
Founded in 2013, SuperForex is a famous global forex broker offering top-level trading services to cover investment and trading in financial markets. This broker is an excellent option for corporate and individual clients from 150 countries all over the globe.
With Superforex, traders can start trading with metal, gold, indices, oil, stock, Forex, CFDs, and cryptocurrencies.
You can find our transparent SuperForex review below. Broker reviews are updated frequently!
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If we talk about the maximum leverage ratio, this broker offers 1:1000 on most trading accounts. So, for example, the leverage ratio is 1:2000, and 1:10 for the STP Crypto and ECN Crypto accounts with the Profi STP account.
Different trading account types available on Superforex are demo account, standard account, no spread account, micro cent account, swap-free account, and ECN account
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Superforex won’t charge any fees or trading commissions. But with No Spread Account, an added commission of 0.038 and 0.062 based on the selected instrument is included. The rest of the accounts has a variable spread.
A withdrawal fee is also charged based on the selected payment method. Few primary funding methods are China UnionPay, bank wire transfer MasterCard, Visa, PayCo, Neteller, Skrill, iPay, OnlineNaira, Perfect Money, Triv, and Payeer.
Pros / Cons
- 24/5 Support
- No FSCA Regulation
- No ZAR Account Currency
- Broker Not Verified
Each funding method has a different processing time. For example, OnlineNaira, bank wire transfer, and iPay take 2-4 business days, and Skrill, FasaPay, Visa, MasterCard, and local payments will take a maximum of 3 business days.
For a convenient trading experience, the MT4 trading platform is available with some advanced features. In addition, the customer support team is available 24/5 via phone, email, or live chat for any queries.
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Heinrich is a forex and CFD enthusiast with a passion for writing good informative quality content. He strives to showcase the best forex brokers in Africa. Join him on his Journey!
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