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Super Forex Broker Review

Author Author:  Jeffrey Cammack
Published: January 7, 2020
Editor Editor:  Chris Cammack
Updated: May 8, 2023
Last Updated On May 8, 2023
Jeffrey Cammack
Overall Rating
2.74 2.74 / 5
🏦  Min. DepositUSD 5
🛡️  Regulated By
💵  Trading Cost 
USD 20
⚖️  Max. Leverage1000:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 
AlertMost retail CFD accounts lose money. Your capital is at risk.
Last Updated On May 8, 2023
Jeffrey Cammack

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.

Our verdict on Super Forex

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. DepositUSD 5
🛡️  Regulated By
💵  Trading Cost 
USD 20
⚖️  Max. Leverage1000:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 

Overall Summary

Regulation
000000/ 5
Trading Conditions
111003/ 5
Trading Platforms
111104/ 5
Deposit & Withdrawal
111003/ 5
Education & Research
110002/ 5
Assets Available
11110.54.5/ 5
Customer Service
111104/ 5
Beginner Friendly
Standard
Welcome Bonus

Account Information

Base Currencies
USD, EUR, GBP
Number of FX Pairs
105
Crypto Pairs
9
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Account Name
Trading Desk
Commission
Variable commission on ECN accounts
EUR/USD
2.00 pips
GBP/USD
3.00 pips
USD/JPY
2.50 pips
Negative Balance Protection

Company Details

Company Name
SuperForex
Founded
2013
Website Language
English
Support Language
English
Office Locations
Belize

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AlertMost retail CFD accounts lose money. Your capital is at risk.
Find An Approved Broker
Overall Rating
2.74 2.74  / 5
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Super Forex Financial Regulation

Regulator License
Regulator License

Super Forex Trading Cost Comparison

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