Company Profile
SuperForex Is Registered In Belize And Was Established In 2013. SuperForex Forex Inc. Is A Global Brokerage Firm. Since 2013, It Has Been Providing Top-notch Financial Marekt Trading And Investment Services To Individual And Corporate Clients In More Than 150 Countries Around The World.
SuperForex Clients Can Choose From A Wide Range Of Financial Instruments For Trading, Investing And Money Management. SuperForex Inc. Has A Highly Professional Team Who Have Been Dedicated To Developing And Improving SuperForex Inc.'s Products And Services.
Advantages And Disadvantages
Advantages Points:
Multiple Trading Products And Account Types To Choose From
High Leverage Up To 1:3000
Trading With Your Account At No Extra Cost
Extensive Educational Resources Available, Including Videos And Workshops
Multiple Customer Support Channels, Including Social Media Platforms And Callback Options
Fast Deposit Processing Time
Cons:
About Company History Limited Information On Ownership
Higher Minimum Deposits For Certain Account Types, Such As Profi STP And ECN Accounts
Spreads On Certain Trading Products May Be Higher Compared To Other Brokers
Withdrawals May Take Longer To Process Compared To Deposits
Trading Platform Options Are Limited And Only The MT4 Platform Is Available.
Market Tools
Super Forex Offers A Wide Range Of Trading Tools, Including Cryptocurrencies, Precious Metals, Stocks, Oil, Forex Pairs, And Indices. The Availability Of Multiple Asset Classes Offers Traders The Opportunity To Diversify, Access Global Markets, And The Potential For High Returns. By Accessing Popular Asset Classes Such As Forex Pairs And Indices, Traders Also Benefit From High Liquidity, Which Means They Can Enter And Exit Quickly At The Desired Price. However, Trading Multiple Asset Classes Can Be Complex, May Require Extensive Knowledge And Expertise, And May Come With Higher Margin Requirements, Which Can Increase Trading Costs. In Addition, Since The Research And Analysis Of Each Asset Class May Not Be As Detailed Or Comprehensive As A Trader Would Like, Traders Should Conduct Their Own Research And Analysis To Make Informed Trading Decisions.
Spreads And Commissions For Trading
Super Forex Offers Competitive Spreads And Provides A Detailed Fee Schedule That Lists Spreads, Commissions, Swaps, And Lot Sizes For Various Accounts And Products. The Absence Of Commissions And Deposit/withdrawal Fees Makes Trading Cost-effective. However, As An Unregulated Broker, Super Forex Carries The Risk Of Potential Hidden Fees. In Addition, High Leverage Up To 1:3000 Carries Both Benefits And Risks As It Can Amplify Profits And Losses. In Addition, The Lack Of Negative Balance Protection Is A Disadvantage That Can Leave Traders With Significant Losses.
Trading Accounts Available
Super Forex Offers A Variety Of Account Types, From Standard And Micro-cent Accounts To More Specialized Ones Such As No-spread And Crypto Accounts. The Broker Also Offers ECN Accounts With Floating Spreads For Traders Seeking A More Transparent Pricing Model. Each Account Type Has Its Own Minimum Deposit Requirements And Maximum Leverage, Giving Traders The Flexibility To Choose The Account That Best Suits Their Needs. In Addition, The No-swap Account Option Is Available For Those In Need, While Profi Stp Accounts Are Designed For Professional Traders. However, It Should Be Noted That Some Account Types Have Limited Leverage And Some Have Higher Spreads Than Others.
Trading Platform
Super Forex Offers Clients The Popular Metatrader 4 (mt4) Trading Platform, Which Has Been In Use For Over A Decade And Is Known For Its User-friendly Interface And Flexible Customization Options. With Mt4, Traders Have Access To Advanced Charting Tools, Automated Trading Through Expert Advisors (eas), And A Large Support Community With Rich Resources. However, Mt4 Has Limitations In Accessing Market Data And News Compared To Newer Platforms, And It Does Not Offer Two-factor Authentication For Added Security. In Addition, While The Platform Is Flexible And Customizable, It Does Have Limitations When It Comes To Charting Tools When Compared To Other Platforms.
Leverage
Super Forex Offers A Very High Maximum Leverage Of Up To 1:3000, Which Can Be Advantageous For Experienced Traders Looking To Expand Their Profits With A Smaller Initial Investment And Gain Greater Market Risk. However, High Leverage Also Comes With Significant Risk, As It Can Lead To Large Losses In A Short Period Of Time. This Requires Traders To Have Advanced Risk Management Skills And Strategies To Reduce Risk. Additionally, High Leverage Is Not Available In All Jurisdictions Due To Regulatory Restrictions.
Deposits And Withdrawals
Super Forex Offers A Variety Of Deposit And Withdrawal Options To Cater To The Different Preferences Of Its Customers. One Advantage Is That The Company Does Not Charge Any Additional Fees For Your Account Transactions. However, There Is No Information About The Fees Charged By The Payment System Or Banks, Which Can Result In Unexpected Charges For Customers. Withdrawals Can Also Take Up To Four Business Days To Process, Which Can Be Longer Than Some Competitors. Deposits, On The Other Hand, Are Processed Instantly. Super Forex Also Offers Local Payment Options That Can Be Convenient For Customers In Certain Regions. However, Cryptocurrency Options Are Limited Compared To Some Competitors. This Will Help Super Forex To Provide More Information About Withdrawal Limits To Assist Customers In Planning Transactions.
Educational Resources
Super Forex Offers A Variety Of Educational Resources To Its Clients. The Company Offers Comprehensive Teaching Materials, Glossaries, Seminars, Training Centers, Educational Videos And Other Resources To Help Traders Learn More About Forex Trading. In Addition, Super Forex Has An Official Youtube Channel Where Clients Can Access More Videos To Supplement Their Learning. These Resources Are Provided Free Of Charge To Super Forex Clients And Traders All Over The World Can Access Them. However, There Are Also Some Drawbacks To Super Forex's Educational Resources. Although They Are Comprehensive, They Do Not Provide Personalized Instruction And There Is No Formal Certification Process. In Addition, These Resources Are Self-taught And May Not Be Suitable For All Learners, And Some Materials May Be More Basic Than Others.
You Can Also Visit Their Official YouTube Channel To Watch More Videos. Here Is A Recent Video About Technical Analysis.
Client Server
Super Forex Offers Several Client Server Options To Their Clients. The Company Offers 24/5 Customer Support Through Various Channels Including Email, Phone, Whatsapp, WeChat, Telegram And Social Media Platforms Such As Instagram, Youtube, Facebook, Twitter And Linkedin. The FAQ Section On Their Website Is Another Useful Resource For Customers Who Prefer Self-help. In Addition, A Callback Feature Is Available For Personalized Assistance. However, Super Forex Does Not Offer 24/7 Customer Support And Live Chat Is Not Available On Their Website. Additionally, Phone Support May Not Be Available In Some Countries And There Are No Physical Offices Or Locations Available For In-person Assistance.
