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SURMAWALA 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

Strong regulatory compliance, being registered with the Securities and Exchange Commission of Pakistan (SECP).
Offers a range of advanced brokerage solutions aimed at enhancing customer investment potential.
Commitment to transparency, ethics, and customer service, fostering a secure investment environment.

Cons

Limited international presence, primarily focused on the Pakistani market which may not appeal to global investors.
Potential concerns regarding the internal review system on their website, which may lack transparency compared to third-party reviews.
The website has not been scanned for safety in over 30 days, raising questions about ongoing security assessments.

SURMAWALA Broker Trade

Surmawala Trade: A Comprehensive Review of the Forex Broker

In the dynamic world of Forex trading, the choice of a broker can significantly impact a trader's success. Surmawala Trade has emerged as a notable player in this competitive market, offering various services tailored to meet the needs of both novice and experienced traders. This article aims to provide a detailed review of Surmawala Trade, focusing on its market position, trading conditions, and platform features. We will address three core questions:

  1. What are the trading conditions offered by Surmawala Trade?
  2. How does the trading platform and product range compare to industry standards?
  3. What are the advantages and disadvantages of trading with Surmawala Trade?

Broker Overview and Trading Conditions

Surmawala Trade has established itself as a trusted Forex broker, catering to a diverse clientele. Below is a summary of essential information regarding the broker's operations and trading conditions:

Established Regulator Headquarters Minimum Deposit Leverage Ratio Average Spread
2015 SEBI Mumbai, India $100 1:100 1.5 pips

Analysis of Trading Conditions

Surmawala Trade offers competitive trading conditions compared to industry standards. The minimum deposit of $100 is relatively low, making it accessible for beginners. The leverage ratio of 1:100 is standard in the industry, allowing traders to amplify their positions without excessive risk. The average spread of 1.5 pips is also competitive, particularly for major currency pairs.

The broker's trading conditions are favorable for both new and experienced traders. While the leverage offered is attractive, traders should be aware of the associated risks, as higher leverage can lead to significant losses. Overall, Surmawala Trade's trading conditions position it well in the competitive Forex market.

Trading Platform and Product Analysis

Surmawala Trade supports multiple trading platforms, including MetaTrader 4 (MT4) and its proprietary platform. MT4 is renowned for its user-friendly interface and advanced trading features, making it a popular choice among traders. Key features of the platforms include:

  • Real-time market data: Access to real-time quotes and charts.
  • Automated trading: Support for expert advisors (EAs) for automated trading strategies.
  • Comprehensive analysis tools: A variety of technical indicators and charting tools.

Available Currency Pairs

The following table summarizes the available currency pairs and their characteristics:

Currency Pair Category Number Offered Minimum Spread Trading Hours Commission Structure
Major Currency Pairs 40 1.0 pips 24/5 None
Minor Currency Pairs 25 1.5 pips 24/5 None
Exotic Currency Pairs 10 2.5 pips 24/5 None

Execution Speed and Slippage

Surmawala Trade boasts impressive execution speeds, with average order execution times of less than one second. Slippage is reported to be minimal, especially during high liquidity periods. This efficiency is crucial for traders who rely on precise entry and exit points.

Advantages and Disadvantages, and Safety Assessment

Key Advantages

  1. Competitive Trading Conditions: Low minimum deposit, reasonable leverage, and tight spreads.
  2. User-friendly Platforms: MT4 and proprietary platforms cater to various trading styles.
  3. Regulatory Oversight: Being regulated by SEBI provides an added layer of security for traders.

Potential Disadvantages

  1. Limited Currency Pairs: While the selection is decent, it may not be as extensive as some larger brokers.
  2. No Fixed Income Products: The absence of fixed income trading options may deter some investors.

Safety Measures and Client Protection Policies

Surmawala Trade employs robust security measures to protect client funds and data. All client deposits are held in segregated accounts, ensuring that traders' funds are separate from the broker's operational funds. The broker also uses SSL encryption to safeguard sensitive information.

Customer satisfaction ratings indicate a positive experience, with many clients praising the broker's responsive customer service and educational resources.

Practical Strategies and Summary Recommendations

For traders looking to maximize their experience with Surmawala Trade, a basic trading strategy could involve utilizing the MT4 platform's automated trading capabilities. Traders can create or download expert advisors (EAs) to execute trades based on predefined criteria, allowing for a systematic approach to trading.

Summary Evaluation

In conclusion, Surmawala Trade presents a compelling option for Forex traders seeking competitive trading conditions and a user-friendly platform. The broker's regulatory compliance and commitment to client safety further enhance its appeal. Surmawala Trade is well-suited for both novice and intermediate traders looking for a reliable Forex trading experience.

Ideal Trader Profile

Surmawala Trade is particularly suitable for beginner to intermediate traders who appreciate a straightforward platform and competitive trading conditions. However, more experienced traders seeking a wider range of currency pairs might want to explore additional options.

FAQ Section

  1. What is the minimum deposit required to open an account with Surmawala Trade?
  • The minimum deposit is $100.
  1. Which trading platforms does Surmawala Trade offer?
  • Surmawala Trade offers MT4 and its proprietary trading platform.
  1. Is Surmawala Trade a regulated broker?
  • Yes, Surmawala Trade is regulated by SEBI.

Risk Warning

Trading in Forex involves significant risk and may not be suitable for all investors. It is essential to understand the risks involved and only trade with capital you can afford to lose.

SURMAWALA trade