This is a classic online broker, among the assets you can find. Cryptocurrency, currency pairs, securities, in total more than 400 instruments are provided. Work is supposed to use the power of the company MetaTrader, namely MT4 trading terminals, which are available for desktop computers, as well as for smartphones and tablets. Spreads are both variable and constant. The company has a variety of trading accounts that have different levels of spreads, commissions. All accounts offer a fairly high level of leverage, and the company also supports social trading.
Advantages and disadvantages
- High quality and rich in tools trading terminals
- Assets for trading for every taste
- Different account options
- One of the lowest minimum initial capital on the market – 1 dollar
- very simple and easy to withdraw profit, using both classical and electronic payment systems
- large amount of training materials
- social trading
- swap-free accounts
- opportunity to get expert help from the team of experts on weekdays
disadvantages of the company
- The company does not work with US clients
- Lack of support for the fifth version of the MetaTrader platform
The company is a perfectionist in the field of financial trading and its goal is to fully meet the expectations of clients. The company uses a lot of innovative technologies, which inevitably increase the quality of service delivery. The Company became known in 2013, since then the client base has grown to 200,000 people, the number of countries with which the Company works has become more than 150. The company is regulated by the place of registration, it is Baileys, also the company has several representative offices in other countries. The website of the company is translated into 13 languages. The company is distinguished by low spreads and high leverage.
The company positions itself as a company which receives liquidity directly from the world’s largest banks, including BNP PARIBAS, Citibank, UBS, and some others. The company acts as a principal for all trading operations.
SuperForex is appreciated not only by its clients, but also by international experts. Several years in a row the company has received high awards as the fastest growing broker, the award for the best execution of transactions on currency pairs in 2016, there is also an award received in Africa in 2021.
The MetaTrader 4 platform from SuperForex
Free, easy to use, and well-known. When evaluating this trading platform, these are the epithets to employ. Despite the fact that the company was started in far-off Russia, there is currently no brokerage firm that hasn’t heard of this platform; it has become a kind of quality benchmark. There are desktop and browser versions available, as well as a smartphone version. The software is regularly updated with new technical analysis tools and indicators. The platform’s UI is adaptable and simple to tailor to your needs.
Some positive aspects of using MT4:
customizable windows, the appearance of the platform
there is a possibility of setting up on 9 timeframes and several chart variants
For clients who prefer to undertake their own technical analysis, there are dozens of indications and tools accessible.
If you have consistent Internet connectivity, you can design, use, and download trading robots, which will assist you in opening agreements to introduce automated trading.
several order variants are available
Setting to receive notifications about price changes.
The company has created its own application for Android-based devices, which connects to the client’s cabinet and has the solutions necessary for keeping statistics on trades and analysis.
Here is a brief list of features of the SuperForex application:
Ability to add and delete trading accounts
Easy deposit and withdrawal of funds
Analysis of trading activities available
Quick access to customer service
Customer support department
The corporation has a good trade support department, which has the undisputed benefit of operating 24 hours a day, seven days a week. Before you ask a question, check out the FAQ area for a collection of frequently asked questions and answers. To get in touch, go to the company’s website and fill out a short form to obtain a call back from an expert. You may also use the built-in chat or other popular messengers to communicate. There is a hotline on the site, and you can also send the relevant documents or your inquiry via e-mail, which is also available on the company’s website. Although the company participates in social media, responses are not always immediate.
Depositing and withdrawing funds
There are about 30 options available to top up your balance. Moreover, the company will take care of the deposit fee.
Conclusion about SuperForex
The company offers work on several trading accounts, among which, before any level of experience will find the most necessary for itself. In order to start working it is necessary to replenish your account, for this purpose a lot of options suitable for any person are offered. The broker is licensed and regulated and there is no need to hide the fact that all funds are kept in separate accounts, all data is encrypted.
A wide range of educational tools will help traders of all levels to improve their knowledge of financial markets. It will also be appropriate for new clients to use social trading services, this will help in the future to create their own strategy. It’s very convenient that the support team is available to answer your questions, seven days a week, at any time. There are various managed portfolios that work through some banks. All in all, the broker is not bad enough to be considered as a reliable partner.