Finateqs Corp.
Founded in 2013
Online since 2013
International Financial Services Commission (Belize)
Today, we are diving deep into the world of Forex trading with our comprehensive review of SuperForex. Founded in 2013 and online since that very same year, SuperForex has been introduced by the company Finateqs Corp and it has been making waves in the Forex trading landscape. Many features set this platform apart, so let's dive into the details.
Starting with SuperForex can be swift and low-risk, making it very appealing for beginners. The trading platform features a minimum account size of just $1, a price point accessible to nearly any potential investor. This low entry-level financial requirement is coupled with a minimum position size of 0.01, further decreasing the entry barriers and increasing the appeal for inexperienced traders.
While SuperForex is friendly for beginners, it also offers plenty for seasoned Forex veterans with its wealth of unique broker features.
Free Education: As a platform, SuperForex puts a premium on facilitating novice traders' growth by offering comprehensive, free educational resources.
MAM: SuperForex also features Multi-Account Management (MAM) systems that offer professionals a chance to manage multiple accounts simultaneously.
Managed Accounts and Personal Manager: With the managed accounts feature, you can let pro traders trade on your behalf. This also comes with a personal manager to guide you and help handle your account.
VPS and Segregated Accounts: These features ensure advanced security for the traders, keeping their trades and account details secure.
Trading Contests: SuperForex periodically runs trading contests, further adding a layer of interest to the process.
PAMM: The Percent allocation management module (PAMM) adds ease for traders to manage and distribute their funds.
Bonuses: In addition to all these features, SuperForex also offers periodic bonuses to its traders.
SuperForex allows for maximum leverage, denoted by the code 'recLg5mfiVF2pajoc'. This presents a fantastic opportunity for traders to maximize their profits. However, as a note of caution, high leverage can lead to significant losses and needs to be handled intelligently.
The spread is typically medium, allowing for a balanced trading environment.
SuperForex is not strictly regulated at present, posing a potential risk for traders who prioritize such oversight. Furthermore, US Traders are not allowed, making it limited for traders from other countries.
With an impressive average broker rating of 8, there is no denying that SuperForex has a loyal and satisfied user base. The platform goes the extra mile to offer a variety of features suitable for both novice and professional traders. Although it lacks heavy regulation and is not accessible for US traders, it makes up for that with its powerful features and approachable initial investment.
SuperForex could be an excellent choice if you're looking for a low-risk entry into the world of Forex and a diverse feature set to expand your trading strategies.