With a large number of Forex pairs and a near equally large number of trading account types, SuperForex seems to be throwing the doors open to as many clients as possible. A little additional digging uncovers very wide spreads on the Market Maker STP accounts, and massive non-transparent commissions on the ECN accounts.
Weak IFSC regulation provides limited oversight of SuperForex. When coupled with an insufficient level of educational material for beginner clients, we question whether SuperForex is the right choice for beginner traders looking for a trusted broker.
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