Is SuperForex a safe or a SCAM broker? Is fund withdrawal process secure?
SuperForex is a regulated STP-ECN broker offering secure trading, low spreads, leverage up to 1:3000, and multiple funding methods with no deposit fees.
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SuperForex is an STP-ECN broker offering a wide range of trading instruments, including forex, stocks, metals, oil, cryptocurrencies, and indices, with competitive conditions such as zero commissions, leverage up to 1:3000, and spreads from 0 pips. The broker ensures a secure and transparent trading environment through strict regulations, SSL encryption, KYC verification, segregated funds, and risk management features like negative balance protection. Deposits and withdrawals are facilitated through multiple methods, including bank transfers, e-wallets, cryptocurrencies, and local payment options, with minimal or no fees and fast processing times. SuperForex offers various account types, including Islamic (swap-free) accounts, demo accounts, and copy trading options, making it suitable for both beginners and professionals. With almost two decades of experience, the broker focuses on providing high security, investor trust, and a seamless trading experience.
Invest in Forex with SuperForex
SuperForex Review: Safe, Regulated, and Reliable Trading with Competitive Conditions
Feature | Details |
---|---|
Broker Type | STP – ECN |
Regulations | FSC (Belize), IFSC |
Trading Instruments | Forex, Stocks, Indices, Metals, Oil, Cryptocurrencies |
Leverage | Up to 1:3000 |
Spreads | Starting from 0 pips |
Trading Platforms | MetaTrader 4, MetaTrader 5, WebTrader, Mobile App |
Minimum Deposit | From $1 |
Deposit/Withdrawal Fees | No deposit fees, minimal withdrawal charges |
Security Measures | SSL Encryption, Segregated Funds, Negative Balance Protection |
Account Types | Standard, ECN, Swap-Free, Cent, Demo |
Copy Trading | Available |
Customer Support | 24/5 Multilingual Support |
SuperForex
An international broker that offers traders virtually unlimited investment opportunities, SuperForex is an STP – ECN broker that provides traders with a well-structured environment, allowing both beginners and experts to trade to the best of their abilities. Although the environment is easily accessible to traders of any level, it features characteristics of high-performance professional trading. Utilizing cutting-edge tools and features, both novices and experts can trade easily on a wide range of products (forex, gold, metals, stocks, oil, cryptocurrencies, and indices) with extremely advantageous conditions (including zero commissions, leverage up to 1:3000, spreads starting from 0 pips) and numerous customizable solutions.
As an STP – ECN broker, SuperForex allows the trader to:
- Access markets directly without the intervention of any intermediary.
- Benefit from advantageous unmanipulated raw prices.
- Directly interact with global liquidity providers.
- Execute trades almost instantaneously with high levels of security.
Features | SuperForex |
---|---|
Regulations | FSC (Belize), IFSC (International Financial Services Commission) |
Demo Account | Available |
Minimum Deposit | Starting from $1 |
Maximum Leverage | Up to 1:1000 (varies depending on the instrument and the trader’s country of residence) |
Platforms | MetaTrader 4, MetaTrader 5, mobile app, Webtrader |
Negative Balance Protection | Available |
Available Instruments | Forex, stocks, indices, metals, oil, gas, commodities, cryptocurrencies, futures |
Social Trading and Copy Trading | Available |
Stop Out Level | Starting from 50% (varies depending on the country of residence) |
Margin Call | Starting from 100% (varies depending on the country of residence) |
Spreads | Variable starting from 0.0 pips (varies depending on account type and selected instrument) |
Trading Commissions | Starting from zero (varies depending on the account and country of residence) |
Deposit Commissions | None |
Withdrawal Commissions | Starting from zero (varies depending on the selected method) |
Available Accounts | International site: Insta.Standard, Insta.Eurica, Cent.Standard, Cent.Eurica – European site: ECN MT4-MT5, ECN PRO MT4-MT5, ECN VIP MT4-MT5 |
Swap-Free Account (Islamic Account) | Available |
Educational Material | Available |
Promotions and Competitions | Available (availability depends on the region and country of residence) |
Available Currencies | USD, EUR, PLN, CZK |
Invest in Forex with SuperForex
But is SuperForex a safe broker?
Undoubtedly reliable. SuperForex is a company that has been operating in the industry for almost two decades and since its inception has always offered the client a totally transparent service with high security standards. The main goal of the broker is to protect the client, in order to establish a solid relationship of trust with the individual before the investor.
Being a strictly regulated broker, SuperForex ensures extremely high levels of security for both funds and sensitive trader information. Maximum protection from trading hazards, thanks to useful functions for optimal risk management (such as negative balance protection) and a solid multi-level fund protection program.
- SSL Certificate: Personal data is secure.
- In order to protect all the personal information of clients (provided on the official website), the broker uses SSL certificates (Secure Sockets Layer). A protocol that provides protected communications through impenetrable encryption, allowing connection to the company’s servers based on unique criteria that determine the exact moment of sending certain information or blocking any attacks by people trying to cause harm, impersonating the account holder. Maximum protection for both data and deposited funds.
- Account Verification: KYC.
- In order to permanently activate their account and start trading, the client will need to verify the data provided by sending the requested documentation.
- Email verification
- ID scan to verify client data.
- Residence address verification.
- Phone number verification.
- Login History.
- With access to their personal area, the trader will be able to consult the entire history of logins made. This allows all IP addresses registered for the trader’s account to be displayed, making it easy to immediately identify any activity considered suspicious. The system will show the client IP address, location, time, operating system, and browser for each access made. Additionally, the broker will send useful email alerts when suspicious login attempts to the account are recorded.
- Device ID
- To further protect their trading account, each client will have the option to limit the number of devices that can access the account. The useful Device ID feature is available in the Personal Area, by clicking on the “Security” icon. Thanks to this service, the trader can at any time add computers, tablets, or smartphones to be used to access their account. Other unregistered devices will not be able to access, even if they have the login data.
- List of Allowed IP Addresses
- By creating a list of IP addresses, the client will further enhance the security of their account. The service will limit access to the account only to the selected addresses, preventing potential attacks.
- Segregated Funds
- All trader funds will be deposited in segregated accounts at top-level banks and separated from the company’s capital. Except for the account holder, no one can access them and no one can use them for secondary purposes. In the event that the company must fail, the trader can rest assured and will be able to withdraw their funds safely.
Secure and transparent deposit/withdrawal transactions
The section dedicated to deposit and withdrawal transactions allows any operation to be carried out simply, quickly, and transparently. The broker offers a wide range of payment methods and each trader can select the most suitable one for their needs. Commissions starting from zero and a minimum deposit starting from one dollar.
Deposit
Following are all the available deposit methods with the broker:
Payment System | Currencies | Fees and Charges | Processing Time |
---|---|---|---|
International Bank Transfer | All | No fees | 2 – 4 business days |
South African Rand Bank Transfer | ZAR | No fees | Instant |
Bank Transfer Indonesia, Malaysia, Thailand Vietnam | IDR, MYR, THB, VND | No fees | Instant |
Bank Transfer Brazil, Mexico | BRL, MXN | No fees | Instant |
Debit – Credit Card VISA | All | No fees | Instant |
Debit – Credit Card Mastercard | All | No fees | Instant |
Debit – Credit Card UnionPay | CNY | No fees | Instant |
Skrill | USD, EUR | No fees | Instant |
Sticpay | USD | No fees | Instant |
Neteller | USD, EUR | No fees | Instant |
Triv | IDR | No fees | Instant |
Fasapay | USD, IDR | No fees | Instant |
Perfect Money | USD, EUR | No fees | Instant |
OnlineNaira | NGN | No fees | Instant |
Bitwallet | JPY, USD, EUR | No fees | Instant |
AstroPay | USD | No fees | Instant |
M-pesa | KES | No fees | Instant |
M-pesa – airtel | TZS | No fees | Instant |
MTN | UGX, GHS, RWF | No fees | Instant |
Zamtel – vodacom | ZMW | No fees | Instant |
Cryptocurrencies | BTC, LTC, DOGE, PPC, DASH, RDD, ZEC, BLK, USDT | No fees | Instant |
Local Payments Malaysia | MYR | No fees | Instant |
Local Payments Indonesia | IDR | No fees | Instant |
Local Payments Nigeria | NGN | No fees | Instant |
Local Payments Kenya | KES | No fees | Instant |
Local Payments Zimbabwe | ZWD | No fees | Instant |
Local Payments Namibia | NAD | No fees | Instant |
Local Payments Iran | IRR | No fees | Instant |
SFMONEY | USD, MYR, IDR | No fees, 7% Discount | Instant |
To make a deposit into your account, simply follow these easy steps:
- First step.
- The trader must access the client area and then their SuperForex account. Before proceeding with any transactions, ensure that all trading orders are closed.
- Second step.
- Within the Cabinet, access the financial operations menu on the left side of the page. In this new window, the customer will have the option to choose the payment method to use.
- Third step.
- Click on the “deposit money” icon, select the most suitable funding method, and click on the “Deposit” icon.
- Final step.
- At this stage, the trader can learn about all available funding methods in detail. Once a method is chosen, its features can be viewed. Enter the amount to deposit by filling out the appropriate form and click on the “Deposit money” icon. You will be taken to the dedicated payment system page, where the transaction can be completed.
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Withdrawals
Just like deposits, withdrawals can be conducted quickly and securely. The next table details each available withdrawal method:
Payment System | Currencies | Fees and Charges | Processing Time |
---|---|---|---|
International Bank Transfer | All | 3% + 35 USD | 2 – 4 business days |
South African Rand Bank Transfer | ZAR | From 1.4% to 3.8% | 2 – 4 business days |
Bank Transfer Indonesia, Malaysia, Thailand Vietnam | IDR, MYR, THB, VND | 3.00% | 1 – 3 working hours |
Bank Transfer Brazil, Mexico | BRL, MXN | 5% | 2 – 4 business days |
Debit – Credit Card VISA | All | 3% + 10 USD | 2 – 4 business days |
Debit – Credit Card Mastercard | All | 3% + 10 USD | 2 – 4 business days |
Debit – Credit Card UnionPay | CNY | 3% | 1 – 4 working hours |
Skrill | USD, EUR | If amount less than 20 USD minimum fees are 2 USD or 2 EUR or 2 GBP, if amount greater than 20 USD fees are 5% | 1 – 3 working hours |
Sticpay | USD | 5.5% | 2 – 4 working hours |
Neteller | USD, EUR | If amount less than 40 USD minimum fees are 2 USD or 2 EUR or 2 GBP, if amount greater than 40 USD fees are 5% | 1 – 3 working hours |
Triv | IDR | 0.5% if amount less than 100 USD, 5% if amount greater than 100 USD | 1 – 3 working hours |
Fasapay | USD, IDR | 0.5% | 1 – 3 working hours |
Perfect Money | USD, EUR | 2 USD if amount is less than 50 USD, 5% if amount is more than 50 USD | 1 – 3 working hours |
OnlineNaira | NGN | 2% | 2 – 4 working hours |
Bitwallet | JPY, USD, EUR | 100 JPY + 1% | 2 – 4 working hours |
AstroPay | USD | 2 USD + 5% | 2 – 4 business days |
M-pesa | KES | 3% | 1 – 4 working hours |
M-pesa – airtel | TZS | 3% | 1 – 4 working hours |
MTN | UGX, GHS, RWF | 3% | 1 – 4 working hours |
Zamtel – vodacom | ZMW | No fees | 1 – 4 working hours |
Cryptocurrencies | BTC, LTC, DOGE, PPC, DASH, RDD, ZEC, BLK, USDT | 3 USD + 5% | 1 – 3 working hours |
Local Payments Malaysia | MYR | Local bank transfer fee | 1 – 3 working hours |
Local Payments Indonesia | IDR | Local bank transfer fee | 1 – 3 working hours |
Local Payments Nigeria | NGN | Local bank transfer fee | 1 – 3 working hours |
Local Payments Kenya | KES | Local bank transfer fee | 1 – 3 working hours |
Local Payments Zimbabwe | ZWD | Local bank transfer fee | 1 – 3 working hours |
Local Payments Namibia | NAD | Local bank transfer fee | 1 – 3 working hours |
Local Payments Iran | IRR | Local bank transfer fee | 1 – 3 working hours |
SFMONEY | USD, MYR, IDR | No fees | 1 – 3 business days |
To perform a withdrawal operation, it is necessary to access the page of available withdrawal methods, select one and click on the “Withdrawal” icon. Once the method is selected, specify the amount to withdraw. After entering the amount, the trader will be redirected to the payment method’s webpage, where the transaction can be completed.
It is essential to remember that to perform a withdrawal, it is advisable to use the same payment method chosen for deposits. Execute all steps with great care, paying attention to the smallest details.
The processing time for a withdrawal request varies depending on the selected method and does not depend on the Broker’s administration. By consulting the useful payment methods table, the trader will be able to know the execution times and choose the method that best suits their needs. For almost all available methods, execution is almost instantaneous, while for others, it might take several days. Unlike bank transfers, electronic payments are much quicker.
It is important to note that the broker does not charge any commission on any transaction performed. However, some payment methods may have additional conversion costs or fees that are not dependent on the company.
Invest in Forex with SuperForex
FAQs
- Is SuperForex a regulated broker?
- Yes, SuperForex is regulated by the FSC (Belize) and IFSC, ensuring high security and transparency.
- What trading instruments does SuperForex offer?
- SuperForex provides forex, stocks, indices, metals, oil, gas, cryptocurrencies, and commodities.
- What is the minimum deposit required?
- The minimum deposit starts from just $1, making it accessible for all traders.
- Does SuperForex charge trading commissions?
- No, many account types offer zero trading commissions, while others have minimal fees.
- What is the maximum leverage offered?
- SuperForex offers leverage up to 1:3000, depending on the trader’s location and account type.
- Are deposits and withdrawals secure?
- Yes, SuperForex ensures secure transactions with multiple payment options and encrypted processing.
- How fast are deposit and withdrawal transactions?
- Most deposit methods are instant, while withdrawals vary from a few hours to a few days, depending on the method.
- Does SuperForex offer copy trading?
- Yes, traders can use copy trading to replicate successful trades automatically.
- Is negative balance protection available?
- Yes, SuperForex provides negative balance protection to prevent traders from losing more than their account balance.
- Can I open an Islamic (swap-free) account?
- Yes, SuperForex offers swap-free (Islamic) accounts that comply with Sharia law.
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