Overall Rating: ★★☆☆☆ (2.2/5.0)

SuperForex is an offshore forex and CFD broker founded in 2013, offering high leverage, bonus programmes, and access to over 400 trading instruments. While the broker presents itself as a global brand with services in over 150 countries, it is only regulated by the IFSC in Belize, an offshore authority with limited enforcement standards. SuperForex provides MetaTrader 4 access, multiple account types, and a wide range of promotions aimed at attracting beginner traders, but concerns around fund safety, fee transparency, and execution quality limit its appeal in 2025.

This review covers SuperForex’s key features, trading conditions, regulatory standing, and whether it’s a reliable broker.

Key Features

SuperForex markets itself aggressively to beginners and promotional seekers, offering a variety of account types, bonuses, and tools.

• Trading Platforms:
  • MetaTrader 4 (MT4) for desktop, web, and mobile
• Markets Offered:
  • Forex, cryptocurrencies, stocks, indices, metals, oil and gas, ETFs
  • Over 400 instruments
• Account Types:
  • Standard, Swap-Free, No-Spread, ECN, Crypto, Micro cent, and more
  • Up to 11 account types
• Leverage:
  • Up to 1:2000
• Minimum Deposit:
  • From $1 depending on the account
• Funding Methods:
  • Credit/debit cards, bank transfer, crypto, Skrill, Neteller, Perfect Money

Regulation and Security

SuperForex is registered under the International Financial Services Commission (IFSC) of Belize, which is considered an offshore, low-tier regulator.

• Regulated by IFSC Belize – [Licence No. IFSC/60/292/TS/17]
• Not regulated by FCA, ASIC, or CySEC
• No investor compensation fund
• Limited legal protection for traders
• Client fund segregation claimed but not independently verified

Its regulatory standing makes it a high-risk option, particularly for traders who prioritise fund safety.

Pricing and Costs

SuperForex offers variable pricing models depending on the account type, but spreads are generally wider than industry averages, and fee transparency is inconsistent.

• Spreads:
  • From 0.0 pips (ECN accounts), but up to 3.0 pips on Standard accounts
• Commissions:
  • ECN accounts: $6–$10 per lot
• Deposit/Withdrawal Fees:
  • No deposit fees
  • Withdrawal fees vary, and are often hidden until requested
• Inactivity Fee:
  • Yes – but not clearly disclosed on the website

Educational Resources and Customer Support

SuperForex does offer a range of educational tools, but they are basic, and the overall content is not comprehensive or regularly updated.

• Education:
  • Video tutorials, trading glossary, ebooks
• Market Analysis:
  • Daily technical and fundamental outlooks
• Customer Support:
  • 24/5 support via live chat, phone, email, Telegram
  • Multilingual support available
  • Mixed user reviews on responsiveness

Risk Management Tools

Standard MT4 tools are offered, but no advanced risk controls are integrated, and protections vary by account type.

• Stop-loss, take-profit, and trailing stops
• No guaranteed stop-loss orders (GSLOs)
• No negative balance protection by default
• High leverage increases risk exposure

Pros and Cons

Pros

• High leverage up to 1:2000
• Variety of account types and trading instruments
• Low minimum deposit starting from $1
• MT4 platform available
• Bonus promotions for new users

Cons

• Only regulated by IFSC Belize (offshore)
• No investor compensation or strong fund protection
• Lack of fee transparency
• Basic education and market tools
• Risky bonus structures and unclear withdrawal conditions

Conclusion: Is SuperForex the Right Choice?

SuperForex is not a recommended broker for serious traders in 2025. While it may appeal to beginners with its low deposit requirements, high leverage, and bonus schemes, the lack of top-tier regulation, limited protection, and inconsistent transparency make it a high-risk platform. For more secure alternatives, consider regulated brokers such as AvaTrade, IC Markets, or Pepperstone, which offer better execution, protection, and credibility.