https://superforexglobal.com/
Website
Benchmark
AA
Average transaction speed (ms)
MT4/5
Full License
SuperForex-Real
Influence
A
Influence index NO.1
Speed:AA
Slippage:C
Cost:A
Disconnected:AA
Rollover:AAA
MT4/5 Identification
Full License
Influence
A
Influence index NO.1
Licensed Institution:SuperFin Corp.
License No.:IFSC/60/292/TS/16
Single Core
1G
40G
1M*ADSL
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Most visited countries/areas
superforexglobal.com
Server Location
United Kingdom
Website Domain Name
superforexglobal.com
Server IP
77.37.37.180
superforex.com
Server Location
France
Most visited countries/areas
Russia
Website Domain Name
superforex.com
Website
WHOIS.NAME.COM
Company
NAME.COM, INC.
Domain Effective Date
0001-01-01
Server IP
137.74.149.215
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Feature | Detail |
Registered Country/Region | Belize |
Found | 2013 |
Regulation | unregulated |
Market Instrument | currencies, cryptocurrencies, metals, shares, indices, and futures |
Account Type | Standard, Profi STP and ECN |
Demo Account | yes |
Maximum Leverage | 1:2000 |
Spread | Vary on the instrument |
Commission | $0 |
Trading Platform | MT4 |
Minimum Deposit | $1 |
Deposit & Withdrawal Method | Bank Wire Transfers, Credit/Debit Cards, E-Payments, Cryptocurrencies and Local Payments |
Founded in 2013, Super Forex is a Belize-based global brokerage that offers various instruments for trading online via the MT4 trading platform.
Here is the home page of this brokers official site:
Super Forex is authorized and regulated by the International Financial Services Commission (IFSC) of Belize, with regulatory license number IFSC/60/292/TS/16, however, it is revoked. Please be aware of the risk.
Note: The screenshot date is January 30, 2023. WikiFX gives dynamic scores, which will update in real-time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.
Market Instruments
Super Forex offers 300+ financial instruments for investors, including currencies, cryptocurrencies, metals, shares, indices, and futures.
Account Types
Apart from demo accounts, Super Forex also offers 3 account types to meet different traders trading needs and experience: Standard, Profi STP and ECN accounts. The minimum initial deposit requirement is just $1, which is relatively lower than most brokers.
Leverage
The maximum trading leverage is 1:1000 for Standard and ECN accounts, 1:2000 for Pro STP accounts, and 1:10 for Crypto accounts. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads & Commissions
All tradable instruments come with fixed spreads, and no commissions are charged for trading. More detailed info can be found in the below screenshot.
Trading Platform
Super Forex traders offer the market-leading MT4 trading platform, which is reliable, powerful, and the best choice for many professional traders. The platform can execute orders in 1 second, contains 39 technical indicators, and has a fully customizable interface with the ability to switch between accounts. Besides, traders can download the SuperForex mobile application in the mobile app.
Deposit & Withdrawal
Super Forex supports a variety of deposit and withdrawal methods including Bank Wire Transfers, Credit/Debit Cards, E-Payments, Cryptocurrencies and Local Payments. More details can be seen in the below screenshots. The minimum deposit is said to be just $1.
Bonuses
Super Forex claims to offer various bonuses, including Welcome+ Bonus, No Deposit Bonus and Hot Bonus. In any case, you should be very cautious if you receive a bonus. First of all, bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Remember that brokers who are regulated and legitimate do not offer bonuses to their clients.
Customer Support
The Super Forex Customer support desk is available 24/5 during market hours. They have provided a Frequently Asked Questions (FAQs) section for the website visitors to first check for answers to questions they might want to ask. The fastest way of getting support is through the instant web chat facility on the website. There are other chat options which are: Yahoo Messenger, WhatsApp, Skype, Telegram and WeChat. You can also follow this broker on social networks such as Twitter, Facebook, Instagram, YouTube and LinkedIn. Registered office: Second Floor No 24, Albert Hoy Avenue, Belize City, Belize.
Pros & Cons
Pros | Cons |
• Multiple trading instruments, account types and funding options | • No regulation |
• Demo accounts available | • Regional restrictions |
• Low minimum deposit ($1) | |
• MT4 supported |
Frequently Asked Questions (FAQs)
Q 1: | Is Super Forex regulated? |
A 1: | No. It has been verified that Super Forex holds a revoked Financial Services Commission (FSC) license. |
Q 2: | At Super Forex, are there any regional restrictions for traders? |
A 2: | Yes. The services listed on this website are not available to residents of the USA, Japan, Ukraine and North Korea. |
Q 3: | Does Super Forex offer demo accounts? |
A 3: | Yes. |
Q 4: | Does Super Forex offer the industry-standard MT4 & MT5? |
A 4: | Yes. Super Forex supports MT4. |
Q 5: | What is the minimum deposit for Super Forex? |
A 5: | The minimum initial deposit to open an account is $1. |
Q 6: | Is Super Forex a good broker for beginners? |
A 6: | No. Super Forex is not a good choice for beginners. Though it advertises well, it lacks legitimate regulation. |
Exposure CNMV's warning against six unregistered entities
Spain's Watchdog, the National Securities Market Commission (CNMV) has issued warnings on the following entities:
2024-06-04 18:35
News WIKIFX REPORT: SuperForex Launches ECN Accounts in 6 New Local Currencies
A lone investor deals directly with a fellow known as a forex broker in the off-exchange market, where there is no exchange or central remuneration. Trading is typically done over the phone or through electronic communication networks (ECNs). In this arrangement, the investor is fully reliant on the counterparty to receive funds or trade out of a position.
2022-06-13 14:57
News WIKIFX REPORT: How to become a Forex Copy Master
ForexCopy is an InstaForex tool that allows you to copy successful traders' orders even while you're not at your trading terminal. Choosing a trader and setting up automatic replication of that trader's activities takes only a few minutes.
2022-05-23 15:26
News WikiFX report: SuperForex Offers Its Services to Community of Iran
The international brokerage company SuperForex has officially launched its services in Iran. SuperForex had a successful debut among Iranian Forex traders and is quickly becoming one of the most preferred brokers in the country.
2022-05-19 16:56
News WikiFX report: Why SuperForex Might Be The Best Forex Broker In India
India has seen a boom of new brokers enter the local Forex trading sector in recent years. When given more options, though, many traders may find it difficult to choose the best broker to deal with.
2022-05-19 16:51
News WikiFx report: SuperForex broker cements its presence and influence in Kenya
There are several products, assets, investment vehicles, and other items available in the trading industry. However, FX is by far the largest and most liquid of them all. During the COVID-19 pandemic, which has now lasted over a year and a half, forex, or foreign exchange, became even more important.
2022-05-19 16:31
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FX1023311901
Thailand
When the broker issued a withdrawal request, they encountered a rebound under the pretext that the bank did not support us to withdraw through cryptocurrency or Neteller. But when I pressed the withdrawal button, I posted a message saying that the amount was not enough. It was difficult to contact support like a diversion. I do not allow withdrawals.
Exposure
2023-05-06
Syafiqsyaw
Malaysia
joined gold rush contest, and I got the number two position with a profit 3714k usd, suddenly my account was blocked without any information, and when I saw the leaderboard content my name kept disappearing, I wasted 1 week trading time with a stupid super forex contest
Exposure
2022-12-01
MendE
Turkey
I deposited 1000 usd. they processed an order that was impossible to open due to collateral and stopped my account. I had 1000 usd + 400 usd bonus in my account and I entered 10 lots of Nastaq sell orders. When the price reached that point, the order did not work, saying there was no money. but a few hours later, when I entered the account and looked at it, my account had lost 1300 usd and the account went bankrupt. Then I wanted to see how much collateral he received by opening a 0.01 nastak transaction. The collateral he received for the 0.01 Nas100 transaction is exactly 68.65 usd. that is, in order for me to open 10 lots of Nas100 trades, my balance must be 68650 usd. this is impossible in my account only total assets are 1400 usd. moreover, the contract size of the Nas100 product could have incurred a maximum loss of 650 usd until the stop point (65 pips), even if 1, that is, 10 lots of Nas100 transactions were opened in this company. but they made a loss of 1300 usd and they destroyed my account deliberately by running a transaction without my knowledge. I have all the evidence. This company is a scam, do not deposit your money, they will eat your money too. they are all dishonest
Exposure
2022-04-14
Mayaz Ahmad
Bangladesh
Stole $42.3 from my profit and cancelled my bonus.
Exposure
2021-08-25
FX1205639939
Singapore
suoerforex scammed me R59k pls be careful guys stay away from superforex you will never withdraw you deposit money and profits pls stay away im begging you
Exposure
2021-07-15
Mayaz Ahmad
Bangladesh
Lots of clients have complained they cannot withdraw after making a profit.
Exposure
2021-07-03
Mayaz Ahmad
Bangladesh
A client has complained against Super Forex that they cancelled all the profits he made and they are also not returning his deposit money. Stay away from this scam broker.
Exposure
2021-06-08
Mayaz Ahmad
Bangladesh
This broker has been declared scam in many forex websites.
Exposure
2021-05-03
FX9781453932
Algeria
i deposit with my real money without bonus , and i trade forex and I get good profits then I went to withdrawal all my money . but the broker take all my profit and 40% from my deposit money. I tried to texting then with no results . they told me that my trade are not legal according to regulation 5.16 ,Honestly Superforexa is a big scammer i have seen
Exposure
2021-04-24
FX2314735704
South Africa
Good afternoon I started a short term Investment with super Forex investment with an amount of R1700 and R1500. The investment was supposed to be for 5 working days and 2 working days. Mr Madonsela said I should pay R4220 for release fee because it is compulsory, I then paid the amount. They he sent an invoice from fnb saying payment on hold, he asked me to pay R650 so that the payment can be released, I paid the amount then he just disappeared on me. Please help me to get my money back
Exposure
2021-04-24
FX3803440575
Indonesia
I'm a normal trader. I applied for withdrawl of all my money on December 23, 2020. But suddenly, my profit was canceleld and I received an email. I've tried to email them many times but they just sent an email with the same content, which makes me disappointed. I hope WikiFX can help me. Tks.
Exposure
2021-04-09
FX6134881212
Indonesia
RATE DEPO BROKER 14,900 WD 13,900 IN THE REALITY DEPO EXTENDED TO 15,900. I get the benefit IN TRADING IN CANCEL FOR THE VIOLITY OF MARKET. WHEN I WAS TRADING IN ALL PAIR AND THE TIME WAS ABOUT GBPUSD UP 140 PIP IS STILL IN FAIRURE BATAWLS. I always use take profit and stoplost. IMMEDIATELYY ALL MY TRADING RESULTS IN CANCEL. THIS IS AN EVIL BROKER WHO DOES NOT WANT A PROFIT TRADER. MY WD CAPITAL CUT 7 PERCENT FROM MY CAPITAL DEPOSIT 7,600,000 IDR PROFIT IN TRADING 11,600,000 idr .FAKE BROKER
Exposure
2020-12-25
Tonyjamys
Nigeria
While trading with this broker, I was not able to shift my SL (Stop Loss) to my profit area, which altered my profitable trades.
Exposure
2020-09-13
MrTrader
United States
This is incredible. After i got an account with plugins, where they manipulate prices against costumers; when i request the withdrawal they charged me 7% SEVEN PERCENT of the requested amount. This broker is a SCAM! You better be really careful when you deposit with them. When theres a problem they will never fix it, they will tell " im going to send to the right department " LOL they do this in each email you send to them it doesnt matter if its to support or compliance or documents theres always another 'right department' to forward your email and never solve your problem. theres some pictures of SUPERFOREX SCAM BROKER. Where you can clearly see on their web site the 1% on withdrawal. My withdrawal request with the amount i should receive and then my skrill account with the transaction missing 6% of the right amount. COMPLETELY RIDICULOUS AND UNPROFESSIONAL. SCAM BROKER SCAAAAM
Exposure
2020-08-26
MrTrader
Brazil
First in their web site says the commission is 0.015 and when you open a position with 0.10 they charge you 1.96 SCAM.You request on the live chat for them to check it and they give you the email to contact so they can check for you. When you sent the email they will not help you. Also, i request my withdrawal after all this and they reject saying my account isnt verify SCAAAAM. My account is fully verify as you can see on the pictures. DONT OPERATE ON THIS BROKER. SCAM BROKER. THE LIVE CHAT/EMAIL SUPPORT IS HORRIBLE, THEY PROBABLY DONT KNOW WHAT THEY ARE DOING.
Exposure
2020-08-06
YSDJSTCKTO
Japan
I buy USDHKD around 7.75, but one day, they suddenly changed the rate to 7.72. What a terrible rate. Everyone knows that USDHKD move only 7.75 - 7.85 as the peg system. They made me lost cut intentionally.
Exposure
2020-06-05
Joppy Sugianto
Indonesia
I Deposit 300 and i got welcome bonus 40%, it mean 120usd. After i trading i only withdraw my profit 80 usd, look this broker scam take my profit and balance, and the note is cancel my welcome bonus. I just got 120 usd. Guys stay away from this broker...
Exposure
2020-03-05
El Troya
Indonesia
I applied for the withdrawal on October 10th, 2019. But I haven’t received the fund yet. And my trading was also canceled later, suffering a loss of $4698.69.
Exposure
2020-01-11
exness招代理*7*6
Hong Kong
I couldn’t withdraw mt profits in Super Forex . It also charges a high withdrawal fee.I deposited $400 for trading. The account balance was $500 while only 2569 RMB was available.
Exposure
2019-12-31
Liew Ming How
Turkey
I urge you to stay away from Super Forex. They will just steal your money. I have read too many negative reviews on this broker. DO NOT BE TRICKED! MASSIVE CON. DO NOT USE IT!
Neutral
2023-02-20