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SuperFunded forex broker provides various trading information, with an average trading speed of 0ms, a trading cost of null, an average slippage of , a liquidation rate of %, a spread cost of 0.00, etc

Rating Index

Pros

High profit payouts of 80%, with potential for up to 90%.

No ongoing membership fees, making it cost-effective for traders.

A simple one-step evaluation process allows for quick access to funded accounts.

Cons

Limited customer support options, with no live chat or phone support available.

Profits can only be withdrawn after 30 days of trading, which may delay access to earnings.

Lack of comprehensive educational resources, making it less suitable for beginners.

SuperFunded Broker Trade

SuperFunded Trade: A Comprehensive Review of the Forex Broker

The forex market is a dynamic and vital component of the global financial landscape, facilitating currency exchange and impacting economies worldwide. Among the myriad of forex brokers, SuperFunded has emerged as a notable player, particularly in the realm of proprietary trading. This article will delve into three core questions regarding SuperFunded: What are its trading conditions？ What platforms and products does it offer？ What are its advantages and disadvantages？

Broker Overview and Trading Conditions

Founded	Regulatory Authority	Headquarters	Minimum Deposit	Leverage	Average Spread
2021	Not ASIC regulated	Victoria, Australia	$129 (for $15k account)	1:100	From 1 pip

SuperFunded was established in 2021 and operates out of Victoria, Australia. Although it is not regulated by ASIC, it has gained traction in the proprietary trading sector by providing traders with access to significant capital without the need for large initial deposits. The minimum deposit starts at $129 for the $15,000 account, which is competitive compared to industry standards. The leverage offered is 1:100, allowing traders to amplify their positions significantly. Additionally, SuperFunded provides an average spread starting from 1 pip, which is favorable for active traders looking to maximize their profit potential.

Trading Platforms and Product Analysis

SuperFunded primarily utilizes the DXtrade platform, which is designed to facilitate seamless trading experiences. This platform is known for its user-friendly interface and advanced trading features, including real-time market data, customizable charts, and various order types. Unfortunately, SuperFunded does not support popular platforms like MT4 or MT5, which may deter some traders accustomed to these industry standards.

Available Currency Pairs

Currency Pair Category	Number Offered	Minimum Spread	Trading Hours	Commission Structure
Major Pairs	30+	1 pip	24/5	Variable
Minor Pairs	10+	2 pips	24/5	Variable
Exotic Pairs	5+	3 pips	24/5	Variable

SuperFunded offers over 40 major and minor currency pairs, with spreads starting from 1 pip for major pairs. The trading hours are 24/5, allowing traders to engage in the market at their convenience. The commission structure is variable, which is typical among forex brokers. The execution speed on the platform is reported to be efficient, although some users have noted occasional slippage during high volatility periods.

Advantages and Disadvantages

Advantages

Low Initial Capital Requirement: SuperFunded allows traders to start with a minimum deposit of just $129, making it accessible for novice traders.
High Profit Split: Traders can retain up to 80% of their profits, which is highly competitive in the prop trading space.
Diverse Trading Instruments: The broker offers access to over 500 financial instruments, including forex, indices, commodities, and cryptocurrencies.

Disadvantages

Lack of Regulatory Oversight: As SuperFunded is not regulated by ASIC, it may pose a risk for traders concerned about oversight and protection.
Limited Platform Options: The absence of popular platforms like MT4 and MT5 may deter experienced traders who prefer these tools for their trading strategies.

Security Measures and Customer Protection

SuperFunded employs robust security measures, including KYC (Know Your Customer) protocols to verify the identity of its clients. This practice is essential for preventing fraud and ensuring a secure trading environment. Additionally, client funds are held in segregated accounts to enhance safety. According to customer reviews, SuperFunded has a mixed satisfaction rating on Trustpilot, currently standing at 2.8 stars, indicating varied experiences among traders.

Practical Strategy and Summary Recommendations

A suitable trading strategy for SuperFunded traders could involve a combination of technical analysis and risk management. For instance, traders could utilize a trend-following strategy on major currency pairs, employing moving averages to identify entry and exit points while adhering to the 10% profit target and the 7% daily loss limit set by the broker.

In summary, SuperFunded presents an intriguing option for traders seeking a proprietary trading experience with low entry costs and a favorable profit-sharing model. However, potential clients should be mindful of its lack of regulatory oversight and limited platform options. This broker is particularly well-suited for novice traders or those looking for a flexible trading environment.

Frequently Asked Questions (FAQ)

1. What is the minimum deposit required to start trading with SuperFunded？

The minimum deposit is $129 for the $15,000 account.

2. What trading platforms does SuperFunded offer？

SuperFunded primarily uses the DXtrade platform, which is user-friendly but does not include MT4 or MT5.

3. What is the profit split offered by SuperFunded？

Traders can retain up to 80% of their profits, which is competitive in the proprietary trading market.

Risk Warning: Trading in forex and other financial instruments involves significant risk and may not be suitable for all investors. Please ensure you fully understand the risks involved and seek independent advice if necessary.