Compare SuperForex vs Forexee
What is SuperForex? What is Forexee?
SuperForex is an offshore CFD and forex broker that offers highly leveraged trades on a wide selection of forex pairs plus commodities, indices, cryptos and stocks using the popular MetaTrader 4 platform. SuperForex is based in Europe and offers welcome bonuses and trading contests. SuperForex was established in 2013 and is regulated by the IFSC (Belize).
Forexee is a forex broker that offers ECN, STP and Crypto accounts to trade currencies, metals, indices and cryptocurrencies using the MetaTrader 4 platform. Forexee is based in Estonia and is regulated by the Financial Services Authority of Saint Vincent and the Grenadines. Forexee was founded in 2004 and has offices in Cyprus, Malaysia and Russia.
SuperForex vs Forexee Regulation Comparison
Both SuperForex and Forexee are regulated by offshore authorities that are not considered to be very reputable or trustworthy. The IFSC (Belize) that regulates SuperForex has a low level of investor protection and does not require brokers to keep client funds in segregated accounts or to participate in a compensation scheme. The FSA of Saint Vincent and the Grenadines that regulates Forexee does not have any specific rules or requirements for forex brokers and does not supervise or monitor their activities.
Therefore, neither SuperForex nor Forexee can be considered as safe or reliable brokers for traders who value security and transparency. Traders should be aware of the risks involved in dealing with unregulated or poorly regulated brokers and exercise caution when choosing them.
SuperForex vs Forexee Trading Assets Comparison
SuperForex offers more than 400 trading instruments, including 300+ currency pairs, 34 cryptocurrencies, 18 commodities, 11 indices and 42 stocks. SuperForex also offers futures, ETFs, options, agriculture, bonds and binary options.
Forexee offers around 50 trading instruments, including 49 currency pairs, 4 metals, 3 indices and 4 cryptocurrencies. Forexee does not offer any other types of assets besides these.
Therefore, SuperForex has a much wider and more diverse range of trading assets than Forexee, which may appeal to traders who want to explore different markets and diversify their portfolios.
SuperForex vs Forexee Trading Fees Comparison
SuperForex has various account types with different trading fees. The Standard account has variable spreads from 0.8 pips and no commissions. The Swap-free account has variable spreads from 2 pips and no commissions. The No Spread account has fixed spreads from 0 pips and commissions from $0.01 per lot. The Micro Cent account has variable spreads from 0.8 pips and no commissions. The Profi-STP account has variable spreads from 0 pips and commissions from $0.04 per lot. The Crypto account has variable spreads from 0 pips and commissions from $0.015 per lot.
Forexee also has various account types with different trading fees. The ECN account has variable spreads from 0 pips and commissions from $1.5 per lot. The STP account has variable spreads from 0.5 pips and no commissions. The Crypto account has variable spreads from 0 pips and commissions from $15 per lot.
SuperForex vs Forexee Account Types Comparison
Both SuperForex and Forexee have various account types to suit different trading styles and preferences.
SuperForex’s account types are:
- Standard: minimum deposit $1, maximum leverage 1:1000, minimum lot size 0.01
- Swap-free: minimum deposit $1, maximum leverage 1:1000, minimum lot size 0.01
- No Spread: minimum deposit $1000, maximum leverage 1:200, minimum lot size 0.01
- Micro Cent: minimum deposit $1, maximum leverage 1:1000, minimum lot size 0.0001
- Profi-STP: minimum deposit $5000, maximum leverage 1:200, minimum lot size 0.1
- Crypto: minimum deposit $100, maximum leverage 1:10, minimum lot size 0.01
Forexee’s account types are:
- ECN: minimum deposit $200, maximum leverage 1:500, minimum lot size 0.01
- STP: minimum deposit $50, maximum leverage 1:500, minimum lot size 0.01
- Crypto: minimum deposit $10, maximum leverage 1:3, minimum lot size 0.01
SuperForex vs Forexee Deposit Options Comparison
SuperForex offers a wide range of payment methods for deposits and withdrawals, including Skrill, Wire transfer, Credit / debit cards, Neteller, UnionPay, Perfect Money, Local bank transfer, FasaPay, Crypto, Litecoin, Dash, Ethereum, Zcash, Ripple, bitwallet, Dogecoin, AstroPay and M-Pesa. SuperForex does not charge any fees for deposits or withdrawals.
Forexee offers a limited range of payment methods for deposits and withdrawals, including Wire transfer, Credit / debit cards, Skrill, Neteller, WebMoney, FasaPay and Bitcoin. Forexee does not charge any fees for deposits or withdrawals.
SuperForex vs Forexee Trading Platforms Comparison
Both SuperForex and Forexee use the MetaTrader 4 platform as their main trading platform. MetaTrader 4 is a popular and user-friendly platform that offers advanced charting tools, technical indicators, automated trading systems (Expert Advisors), market news and signals .
SuperForex also offers some additional features on its MetaTrader 4 platform, such as security measures to protect individual accounts (SMS verification and IP address confirmation), auto-reset balance program (negative balance protection) and access to Pattern Graphix software for no fee.
SuperForex vs Forexee Analytical Tools Comparison
SuperForex offers various analytical tools to help traders with their trading decisions and strategies. These include:
- Economic calendar: shows the dates and times of important economic events and their expected impact on the markets
- Interest rates: shows the current interest rates of major central banks around the world
- Currency converter: allows traders to convert one currency to another at the current exchange rate
- Trading signals: provides buy or sell recommendations based on technical analysis
- Forex copy: allows traders to copy the trades of successful traders for a fee
- Pattern Graphix: a software that identifies and analyzes chart patterns and provides trading suggestions
Forexee also offers some analytical tools to assist traders with their trading activities. These include:
- Economic calendar: shows the dates and times of important economic events and their expected impact on the markets
- Trading calculator: allows traders to calculate the margin, profit or loss of a trade based on the account type, instrument, lot size and leverage
- VPS service: allows traders to run their automated trading systems on a virtual private server for a fee
SuperForex vs Forexee. Which forex broker is better? Which forex broker should you choose?
The choice of a forex broker depends on many factors, such as your trading style, preferences, goals, risk tolerance and experience. You should compare the features and benefits of each broker and decide which one suits you best. You should also consider the risks involved in forex trading and only invest what you can afford to lose.