SuperFin Forex Broker
Basic Information
Australia
5-10 years Regulated in Australia Common Business Registration MT4 Full License Suspicious Overrun High potential riskCompany Summary
Rating Index
Super Forex Broker - Complete Information Guide
1. Broker Overview
SuperForex is a forex and CFD broker established in 2013. The company is headquartered in Belize, with its main office located on Cork Street, Belize City. As a private company, SuperForex focuses on providing trading services to retail clients across the globe, catering to a diverse clientele in over 150 countries.
Since its inception, SuperForex has aimed to democratize forex trading, making it accessible to traders of all experience levels. The broker has achieved significant milestones, including the introduction of various account types and the implementation of comprehensive educational resources to support traders. SuperForex operates under the parent company Superfin Corp, which enhances its credibility and operational capacity in the financial markets.
The broker primarily adopts a retail forex trading model, allowing individual traders to access the forex market and trade various financial instruments. SuperForex offers a wide range of services, including trading in currencies, cryptocurrencies, commodities, and indices, making it a versatile choice for traders looking to diversify their portfolios.
2. Regulation and Compliance Information
SuperForex is regulated by the International Financial Services Commission (IFSC) of Belize, under the license number IFSC/60/292/TS/14. However, it is important to note that the IFSC is considered a tier-3 regulatory authority, which may not provide the same level of investor protection as top-tier regulators such as the FCA (Financial Conduct Authority) in the UK or ASIC (Australian Securities and Investments Commission).
The regulatory framework established by the IFSC requires brokers to maintain a minimum capital requirement of $500,000, ensuring a basic level of operational stability. SuperForex adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, requiring clients to verify their identity and address when opening an account.
SuperForex has implemented a segregated funds policy, ensuring that client funds are kept separate from the company's operational funds. This practice enhances the security of client investments, providing an additional layer of protection against potential insolvency. However, it is crucial for traders to be aware that the IFSC does not offer an investor compensation fund, which could pose risks in the event of the broker's financial difficulties.
3. Trading Products and Services
SuperForex offers a diverse range of trading products, including over 400 financial instruments. The broker provides access to various forex currency pairs, with a focus on major and minor pairs, as well as exotic currencies. Additionally, SuperForex facilitates trading in CFDs across multiple asset classes, including:
- Indices: Major global indices such as the S&P 500, NASDAQ, and others.
- Commodities: Precious metals like gold and silver, as well as energy products such as oil.
- Stocks: Shares from prominent companies listed on major exchanges.
- Cryptocurrencies: Popular digital currencies, including Bitcoin and Ethereum.
The broker frequently updates its product offerings to include new instruments, ensuring that traders have access to the latest market opportunities. SuperForex's services are primarily geared towards retail trading, but it also provides institutional services, including liquidity solutions and white-label offerings for other financial entities.
4. Trading Platforms and Technology
SuperForex supports the widely used MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and robust features. The platform allows traders to execute trades efficiently, analyze market trends, and utilize automated trading strategies through Expert Advisors (EAs).
In addition to the desktop version, SuperForex offers a web-based trading platform that allows traders to access their accounts from any browser, providing flexibility and convenience. The broker has also developed a mobile application compatible with both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.
SuperForex employs an ECN (Electronic Communication Network) and STP (Straight Through Processing) execution model, which facilitates direct market access and minimizes latency in trade execution. The broker's servers are strategically located to ensure fast order processing times, typically around 1 second for trade execution.
API access for automated trading is also available, allowing tech-savvy traders to implement their trading strategies seamlessly.
5. Account Types and Trading Conditions
SuperForex offers a variety of account types tailored to meet the diverse needs of its clients. The main account types include:
- Standard Account: Requires a minimum deposit of $1, with fixed spreads starting from 2 pips and no commissions.
- Swap-Free Account: Designed for Muslim traders, this account type also requires a minimum deposit of $1 and offers fixed spreads without overnight interest.
- No Spread Account: Requires a minimum deposit of $100, providing zero spreads but charging a commission on trades.
- Micro Cent Account: Ideal for beginners, this account allows trading with smaller amounts, with a minimum deposit of $1.
- Profi STP Account: Aimed at experienced traders, this account type requires a minimum deposit of $500 and offers tighter spreads and higher leverage.
- ECN Accounts: These accounts provide direct access to the interbank market, with variable spreads starting from 0.0 pips and a minimum deposit of $100.
Leverage options vary across account types, with a maximum leverage of up to 1:3000 available on specific accounts. The minimum trade size is typically 0.01 lots, allowing traders to manage their risk effectively. SuperForex also has a clear policy regarding overnight fees, which apply to certain accounts based on the financial instruments traded.
6. Fund Management
SuperForex supports a wide range of deposit and withdrawal methods, including:
- Bank Transfers
- Credit/Debit Cards
- E-Wallets: Such as Skrill, Neteller, and Perfect Money
- Cryptocurrencies: Including Bitcoin and Ethereum
The minimum deposit requirement varies by account type, with most accounts starting at just $1. Deposits are processed instantly, while withdrawal processing times can take up to 4 business days, depending on the method used.
SuperForex does not charge any fees for deposits, but withdrawal fees may apply, particularly for bank transfers and credit card transactions. These fees can vary, so clients are advised to check the specific conditions for each withdrawal method.
7. Customer Support and Educational Resources
SuperForex provides customer support through various channels, including:
- Phone
- Telegram
- Social Media: Including Facebook, Twitter, and Instagram
Customer support is available 24/5, ensuring that traders can receive assistance during market hours. The broker offers support in multiple languages, catering to its diverse client base.
In terms of educational resources, SuperForex provides a range of materials, including webinars, tutorials, and market analysis reports. These resources are designed to help traders enhance their knowledge and improve their trading strategies. Additionally, SuperForex maintains a dedicated section for market analysis, offering insights into current market trends and economic events.
8. Regional Coverage and Restrictions
SuperForex primarily serves traders in Africa, Asia, and Latin America, with a significant presence in countries such as Nigeria, South Africa, and Brazil. However, the broker imposes certain regional restrictions, and clients from countries like the USA, Ukraine, and North Korea are not accepted.
The broker has also established local offices and partnerships in various regions, enhancing its ability to support clients effectively. Despite its global reach, potential clients should verify their eligibility to trade with SuperForex based on their country of residence.
In conclusion, SuperForex presents itself as a versatile forex broker with a wide range of trading products and services, appealing to both novice and experienced traders. However, potential clients should carefully consider the regulatory environment and associated risks before engaging with the broker.
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Latest Reviews
FX3140044991
Thailand
To put it bluntly, SuperFin isn't the most perfect platform in the world, but it's far from being bad. Like many others, I started trading with SuperFin out of curiosity because its name wasn't as familiar as other market leaders. But after actually using it, I found it had more merits than I initially thought. What I like most is the relatively low spreads, especially during quiet market hours, which allows me to enter and exit orders efficiently. Another plus is the decent bonus system for beginners, particularly the 30% welcome bonus on the first deposit. At times, they also offer promotions that are more attractive than many competitors. Of course, nothing is perfect. Occasionally, withdrawals might take slightly longer than expected, especially during holidays or early market closures on Fridays. The website might not be as smooth as some platforms with more advanced systems, but it's not difficult or unbearable to use. The support team is okay—they respond quickly and provide clear information, especially if contacted via live chat or their Thai Telegram channel. To sum up my personal experience, SuperFin may not be a trader's paradise, but it's a platform that's 'fair' and 'genuine' with its users. If you're looking for a place to...
37130
07-31
FX7418911362
Poland
To be honest, we're not some amazing traders. We're not the type to show off green profits or post about closing orders that make a hundred bucks in minutes. We've topped up and blown accounts, topped up and blown them again, going in circles like this for almost 8 months. Every time the account crashed, we blamed the indicators, blamed the news, blamed market psychology...but never looked back at ourselves. Until one day, after blowing another $300, lying dazed on the bed, we thought to ourselves, 'Maybe we should just call it quits?' But before giving up, we gave ourselves one last chance—to find a new broker. It didn’t have to be famous, just reliable enough to try one more time. And then we found... SuperFin. ✅ First thing that blew our minds: The spreads were razor-thin—thought our eyes were playing tricks. Gold started at just 10–15 pips, EURUSD almost at 0. Those quick orders that used to go negative immediately? This time, they slid in smooth as butter. ✅ Second thing: Deposits and withdrawals were lightning-fast—especially on weekends when most brokers are annoyingly slow. We tried withdrawing $100 just for fun, and it hit the wallet in under 15 minutes. That’s when we knew, 'Yeah, this is it.'
Positive
07-11
ธนวัฒน์
United States
As someone who has been trading for many years, I've tried various platforms, from global market leaders to newer platforms that are gaining traction in the Thai trading community. Recently, I tried SuperFin—a platform that's been getting reviews in our local trading circles—so I wanted to share an unbiased account of my experience. 🔹 Interface and User Experience I have to say, the website and app interfaces are much more user-friendly than expected—clean, intuitive, and perfect for those who don’t want to waste time hunting for functions. Order execution is smooth, with no delays. 🔹 Lower-Than-Expected Fees This aspect impressed me quite a bit—especially for major pairs like EUR/USD and gold, where the spreads are surprisingly tight, something rare on some platforms. 👉 Another plus: no withdrawal fees, and funds arrive in the account super fast (around 10–15 minutes). 🔹 How’s Customer Service? During my first withdrawal, I entered the wrong account number and ran into a minor issue. But contacting support via Telegram was relatively quick. While responses weren’t instant like a bot, it was clear I was dealing with a real person actively helping, not just copy-pasted replies. 🔸 Areas for Improvement The mobile app still loads slowly with unstable internet. The website lacks beginner-friendly articles or videos—
Positive
08-01