In a recent analysis conducted by Traders Union, the forex industry has witnessed a significant transformation, with SuperForex broker emerging as one of the leading medium-risk Forex brokers. The comprehensive review conducted by the Traders Union sheds light on crucial aspects of various companies, providing global traders with precise details to make informed decisions.
Traders Union’s experts meticulously examined 350 companies, delving into details about broker services, licensing status, prerequisites, trading conditions, and authentic customer testimonials. The outcome of this extensive evaluation places SuperForex with an impressive overall TU score of 6.26 out of 10, securing the 59th position among other brokers in the medium-risk category.
SuperForex Tops Medium-Risk Forex Brokers in Traders Union
SuperForex’s platform, following a careful assessment of trading opportunities, garnered high scores across different parameters. The fintech company received scores of 5.89 in user satisfaction, 5.64 in regulation and security, 7.14 in commissions and fees, 7.02 in trading instruments, and 6.80 in brand popularity. However, it received lower scores of 1.31 and 0.92 out of 10 in the areas of customer support and education, respectively.
Founded in 2013, SuperForex has evolved into an international trading company with welcome bonuses. It is regulated by the International Financial Services Commission (IFSC). Operating from Belize, the broker offers open positions with a staggering 2,000 instruments and unmatched leverage of up to 1:3000. Despite these offerings, some customers express concerns about trading security, citing the sole regulatory authority being the IFSC.
SuperForex distinguishes itself by providing a free demo account, tailored bonuses for beginners, and regular contests featuring real cash prizes. While the broker imposes no trading commissions, users should take note of withdrawal fees associated with their services.
As SuperForex continues to make strides in the forex industry, traders have to weigh the strengths and considerations outlined in the Traders Union analysis when making decisions about their trading platforms.
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