Compare InstaForex vs SuperForex
What is InstaForex? What is SuperForex ?
InstaForex is a forex broker that offers online trading services in various financial instruments, such as forex, CFDs, commodities, indices, cryptocurrencies and futures. SuperForex is also a forex broker that provides online trading services in forex, CFDs, metals, cryptocurrencies and stocks.
InstaForex vs SuperForex Regulation Comparison
Both InstaForex and SuperForex are regulated by the International Financial Services Commission (IFSC) of Belize, which is a low-tier regulatory authority with lax oversight and enforcement. Neither broker is authorized to operate in the US, UK, EU or Australia.
InstaForex vs SuperForex Trading Assets Comparison
InstaForex offers over 300 trading instruments, including 107 currency pairs, 88 CFDs on US stocks, 23 CFDs on indices, 26 CFDs on commodities, 50 CFDs on cryptocurrencies and 2 futures contracts. SuperForex offers over 400 trading instruments, including 150 currency pairs, 34 CFDs on indices, 28 CFDs on commodities, 56 CFDs on cryptocurrencies and 181 CFDs on stocks.
InstaForex vs SuperForex Trading Fees Comparison
InstaForex charges variable spreads and commissions depending on the account type and trading platform. The average spread for the EUR/USD pair is 1.6 pips on the standard account and 0.8 pips on the ECN account. The commission for the ECN account is $6 per lot round turn. SuperForex charges fixed or floating spreads depending on the account type. The average spread for the EUR/USD pair is 2 pips on the standard account and 0.4 pips on the ECN account. The commission for the ECN account is $5 per lot round turn.
InstaForex vs SuperForex Account Types Comparison
InstaForex offers four main account types: standard, cent, ECN and PAMM. The minimum deposit for the standard and cent accounts is $1, while the minimum deposit for the ECN and PAMM accounts is $1,000. The maximum leverage for all accounts is 1:1000. SuperForex offers six main account types: standard, swap-free, micro cent, ECN, crypto and no spread. The minimum deposit for all accounts is $1, except for the no spread account which requires $1,000. The maximum leverage for all accounts is 1:2000.
InstaForex vs SuperForex Deposit Options Comparison
InstaForex and SuperForex both support various deposit and withdrawal methods, such as bank transfers, credit/debit cards, e-wallets (Skrill, Neteller, etc.), cryptocurrencies and payment systems local math. Processing times and fees vary depending on the method and currency.
InstaForex vs SuperForex Trading Platforms Comparison
InstaForex provides two main trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are available as desktop applications, web-based versions and mobile apps for iOS and Android devices. SuperForex also provides MT4 as its main trading platform in desktop, web and mobile versions.
InstaForex vs SuperForex Analytical Tools Comparison
InstaForex and SuperForex both provide various analytical tools to their clients, such as market news, economic calendar, forex analysis, forex tv, trading signals, technical indicators and expert advice.
InstaForex vs SuperForex . Which forex broker is better? Which forex broker should you choose?
The best forex broker for you depends on your personal preferences, trading goals, risk appetite, budget and level of experience. You should consider all the factors that I mentioned in the summary, such as regulations, trading assets, trading fees, account types, deposit and withdrawal options, trading platforms and analysis tool. You should also compare each broker’s customer service, educational resources, promotions and bonuses. Ultimately, the choice is yours. You can do your own research and due diligence before opening an account with any broker. You should also test their service with a demo account or a small deposit before committing to a larger investment.
