Compare NordFX vs SuperForex
What is NordFX? What is SuperForex?
NordFX is a forex broker that was established in 2008 and is regulated by the Vanuatu Financial Services Commission (VFSC). It offers trading in forex, CFDs, indexes, metals, cryptocurrencies and binary options on various platforms, including MetaTrader 4 and 5.
SuperForex is a forex broker that was established in 2013 and is regulated by the International Financial Services Commission (IFSC) of Belize. It offers trading in forex, CFDs, stocks, commodities, cryptocurrencies and futures on the MetaTrader 4 platform.
NordFX vs SuperForex Regulation Comparison
Both brokers are regulated by offshore authorities, which may not provide the same level of protection and oversight as more reputable regulators such as the FCA, ASIC or CySEC. However, NordFX has been in the industry longer than SuperForex and has a higher Trustpilot rating of 3.6 out of 5 based on 1 user review, compared to SuperForex’s rating of 2.9 out of 5 based on 7 user reviews.
NordFX vs SuperForex Trading Assets Comparison
Both brokers offer a wide range of trading assets, including forex, CFDs, cryptocurrencies and more. However, NordFX has more options for index and metal trading, while SuperForex has more options for stock, commodity and futures trading. The exact number and availability of trading assets may vary depending on the account type and platform chosen by the trader.
NordFX vs SuperForex Trading Fees Comparison
Both brokers charge variable spreads and no commissions for most of their account types. However, NordFX has lower minimum deposits and higher maximum leverage than SuperForex for most of their account types. The exact fees and conditions may vary depending on the account type and platform chosen by the trader.
NordFX vs SuperForex Account Types Comparison
Both brokers offer multiple account types to suit different trading styles and preferences. However, NordFX has more account types than SuperForex, including a demo account, a segregated account, an Islamic account, a PAMM account and a managed account. SuperForex only offers a demo account, an Islamic account and a swap-free account. The exact features and benefits of each account type may vary depending on the broker’s terms and conditions.
NordFX vs SuperForex Deposit Options Comparison
Both brokers offer various payment methods for depositing and withdrawing funds, including credit/debit cards, wire transfer, e-wallets and local payment systems. However, NordFX has more payment options than SuperForex, including WebMoney, Skrill, Neteller, Perfect Money and Dragonpay. SuperForex only offers Skrill, Neteller, PayCo and local bank transfer. The exact fees and processing times of each payment method may vary depending on the broker’s policies.
NordFX vs SuperForex Trading Platforms Comparison
Both brokers use the MetaTrader 4 platform as their main trading platform, which is a popular and user-friendly platform that supports automated trading, one-click trading, trailing stop, pending orders and more. However, NordFX also offers the MetaTrader 5 platform, which is an upgraded version of MetaTrader 4 that has more features and capabilities. SuperForex does not offer any other trading platforms besides MetaTrader 4.
NordFX vs SuperForex Analytical Tools Comparison
Both brokers provide various analytical tools to help traders with their market analysis and decision making. These include economic calendars, news feeds, market reviews, trading signals, webinars and more. However, NordFX also offers free education materials such as articles, videos and courses to help traders improve their skills and knowledge. SuperForex does not offer any free education materials besides some basic tutorials on their website.
NordFX vs SuperForex. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on many factors, such as your trading style, preferences, goals, risk tolerance, etc. You should carefully compare the features and benefits of each broker and decide which one suits you best.
You can also read user reviews and feedback from other traders who have experience with brokers. Ultimately, the decision is yours and you are responsible for your own trading actions.