Superforex scam

As claimed on the official website superforex grants access to all the major trading platforms in the world, while users may benefit from a brief forex training course by opening a free demo account and learn the basic steps along with the quite competitive trading conditions.

Free forex bonuses

Superforex is incorporated and licensed by an IFSC forex broker with its registered office in belize. Yet, belize is a known offshore zone that delivers slight and operational requirement conditions to the financial service providers. Therefore, it became an offshore zone for shady forex brokers such as trading epic, bluemax capital and more. We have a detailed article explaining the risk of trading with brokers from belize.

Superforex review

Superforex

Reason to avoid: offshore license

Listed date: september 20, 2018

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Beware superforex is a non-regulated broker. It is NOT SAFE to trade.

About superforex

��️ registered in	belize
��️ type of license	offshore license
��️ is superforex safe to trade	no
��️ recommended licenses	FCA in UK �� & ASIC in australia ��
�� alternative broker	FP markets - licensed by ASIC in australia

Is superforex a scam or legit broker?

No, it is not safe to trade with superforex. Superforex is owned by superforex ltd. Which is an offshore company registered in belize.

The services of the company offered to the retail and institutional traders, while there is no strictest application to the rules of business conduct, comparing to the reputable forex authorities alike FCA (UK) and ASIC (australia). There are currently many brokers who establish their office in belize since the company gains access to a worldwide client while stating their official regulation. But once again, in fact, IFSC is a rather self-regulatory authority that did not implement sharp follow of standards.

Generally, we do not advise to open an account and engage in trading with the offshore brokers, since it may incur significant risks even if the offering sounds very attractive. As the company not overseen regularly by the licensor or the forex industry professional authority, there are many questions in regards to how the company manages traders and overall operation.

In superforex case it has also been confirmed by some number of negative responds and reviews from their clients, while the traders faced issues with the money withdrawal or some inconvenient processes during the trading sessions or position openings.

We advise all investors and traders to avoid superforex and other brokers from belize. Traders should trade with well-regulated brokers such as UK brokers or brokers in australia and reliable brokers such as city index and XM.Com.

At first they make it look like a good oppertunity to go for the bonus deals. But when you’ve excepted the bonus deals you are limited to some very bad and shady rules: 1: stoploss can’t be placed thight to the positions. 2: orders sometimes can’t be executed when the market doesn’t move, this makes your position stuck. 3: when accepting the bonus deals you can’t withdraw your profit. You can only withdraw twice the amount you have deposited. AND if you have deposited lets say 100 dollars you can only withdraw 100 dollars of profit whenever you traded 100 lots aswell. Because of this rule it is practically impossible to withdraw profits. 4: take profits cant be placed close to the current price 5: they keep falling back to their saying: “it’s in the agreement you agree with when accepting the bonus”. But this list with conditions is pretty big and a lot to read when you want to create the account. Tiny letters politics I call this…. 6: spreads are awfull, you are not able to make quick trades. I might had more bad things to say about superforex, but I can’t remember them right now. Ill update them below if I rememberd some. #######!I JUST WANT TO WARN YOU!####### the spreads are awfull, you cant withdraw profits like it should, stoplosses and take profits are worthless because of the minimum distance with the current price and the orders cant be executed for like 3-5minutes. I hope everyone will listen to this awfull experiance with superforex. Don’t make the same mistakes I made.

Topedgefx

Reviews of forex products and services

Superforex bot review: is superforexbot.Com legit or scam?

Welcome to the superforex bot review.

Super forex bot is a developer of forex robots.

Superforexbot.Com has created a bunch of forex eas and indicators rather than programming all the strategies into one product just like forex condor.

These trading systems include smart system V.3, flying scalper, maximum scalper, profit FX, asia scalper pro, EA swing profit and a bunch of trading indicators.

It appears that super forex bot is always creating at least 2 trading systems every year. The smart system V.3 seems to be their most popular trading system as it’s prominently displayed on the homepage.

There’s a short video clip showing how the smart system V.3 works.

It’s basically a demonstration of the features of the trading system, but it does not offer any insights into the trading strategy or even how risk is managed.

Superforex bot proclaims that they have the best forex robot collection for automated buying and selling.

They want traders to know that superforex bot has created eas with buy and sell analysis, money management and can close trades automatically.

Though super forex bot is not making any bold claims in their marketing material, we still feel that they need to provide more information about their eas before they can even qualify for a place in our list of the most popular trading tools.

Super forex bot sells their trading systems at very affordable prices such that it can be tempting to purchase a license for any of their products.

Nevertheless, before you can spend any money on their products, you need to read this super forex bot review in order to establish whether these products are viable or not.

Superforex bot review

The vendor’s website uses a minimalist approach in their design and sales pitch.

There are no fancy bells and whistles or even promises of one getting rich overnight if they use super forex bot trading systems.

They’re listing a number of benefits associated with using their products. These reasons are not out of the ordinary as they’re the usual “benefits” we find in every vendor’s website.

Consistent profits

Minimal configuration

Complete documentation

Supported by 4-digit and 5-digit brokers

Trading systems have passed backtests and forward tests

Best customer support

All of the above reasons don’t really inspire serious traders to make a purchase since they’re quite generic in nature.

The superforex bot team only have one reason they think can convince traders to purchase their eas.

They believe that they can make sales by telling traders that their forex eas are placing trades automatically without human intervention.

On the other hand, we need this vendor to explain their trading approach and how they program their robots for the alleged success.

So far, we only have two types of forex robots; scalpers and swing traders. We don’t know how entries and exits are established.

We don’t know what trading methodology the individual forex robots are using to execute trades.

This lack of transparency is quite disturbing and could explain the reason why most of the superforex bot robots are very affordable. Their pricing is just too good to believe.

Trading results

Superforexbot.Com is not able to have a meaningful discussion with potential customers regarding the strategy they use in their trading systems.

We don’t think they can provide any evidence of successful trading using any of their automated systems.

The whole of this website does not provide links to the company’s myfxbook.Com account. There’s no screenshots (even if it means fabricated results) of their trading statements.

Super forex bot simply wants traders to believe that their trading robots are the best.

They claim that they’ve back tested and forward tested their products on both demo and live accounts. We’ve not found any trading results associated with any of their products.

So we believe that their claims are false and cannot be verified.

Conclusion

We skipped a part of this superforex bot review which normally discusses about customer feedback. This is simply because feedback does not exist.

We find it strange since we’ve seen that super forex bot has been around since 2018 and yet no one has ever provided any meaningful feedback regarding their service.

Either the vendor is not promoting their products or they’re just not working with customers who care to leave feedback behind.

Anyway, we can’t recommend superforex bot trading systems because they’re not backed by any trading results and secondly, the vendor lacks transparency, which is critical in building trust between them and their clients.

Thanks for reading this superforex bot review. We hope you’ll provide feedback in the comment section.

Superforex

Superforex are big liars I advise you not to work with them,i had an account with them but I didn’t know it was so ridiculous because when I made a profit and place withdrawal, they didn’t pay the withdrawal telling me rubbish that their risk department decide to hold it back for some reason and I eventually would have lost.

Rate and write a review on superforex cancel reply

2 reviews on superforex

I had same issues when i placed a withdrawal request, they didn’t pay the withdrawal telling me rubbish that their risk department decide to hold it back for some reason so i contacted who helped me with the recovery of my funds from them

They made it look good at the start.

I might had more bad things to say about superforex, but I can’t remember them right now. Ill update them below if I rememberd some.

#######!I JUST WANT TO WARN YOU!#######
the spreads are awfull, you cant withdraw profits like it should, stoplosses and take profits are worthless because of the minimum distance with the current price and the orders cant be executed for like 3-5minutes.

I hope everyone will listen to this awfull experiance with superforex. Don’t make the same mistakes I made.

Superforex review

Overview

An international forex broker provides access to financial markets for investments in currency pairs, cfds, cryptocurrencies, etc.

Details

broker	superforex
website URL	superforex.Com
founded	2013 year
headquarters	5 cork street, 2 floor, belize city, belize, C.A.
Support number	+65 (3) 159-02-82
support types	phone, email, whatsapp, wechat, telegram, call from the site, social networks
languages	english, indonesian, thai, portuguese, arabic, etc.
Trading platform	metatrader 4, pattern graphix
minimum 1st deposit	$1
minimum trade amount	$1
bonus	6 bonuses
leverage	1:1-1:1000
spread	from 0 points
free demo account	open demo
regulated
regulation	IFSC
account types	demo, standard, swap free, no spread, micro cent, profi STP, crypto, ECN
deposit methods	bank transfer, visa / mastercard bank cards, cryptocurrency wallets, skrill, QIWI wallet, payeer, superforexmoney, epayments, etc.
Withdrawal methods	bank transfer, visa / mastercard bank cards, cryptocurrency wallets, skrill, QIWI wallet, payeer, superforexmoney, epayments, etc.
Number of assets	400+
types of assets	forex currency pairs, metals, futures, indices, stock cfds, bitcoin, litecoin, DOGE, DASH, etc.
Account currency	USD, EUR, GBP, IDR, MYR, AED, ZAR, NGN, BDT, etc.
US traders allowed
mobile trading
tablet trading
overall score	8.9/10

Additional information

Full review

Over the years, it has mastered many financial tools. With its help, it can earn individual and corporate customers. Superforex’s team of professionals provides services in forex trading and other markets to residents of 150 countries around the world and strives to make the foreign exchange market closer for each trader. But how reliable is the company? Is superforex a scam or an honest broker? Answers to these questions are in our material.

Superforex trading conditions

Superforex, working with financial markets, pays much attention to innovative approach to trading, is ready to offer the customer only high-quality service. Becoming a broker’s customer, an investor can choose an account to work with: MLP, STP and ECN. Each of them is supported by the documentation, where the terms of the account usage, rights and obligations of the investor are detailed. To open an account on the broker’s website superforex.Com, you need:

To set up an account;

To familiarize yourself with the peculiarities of the accounts.

When entered into the international market, the has «grown» a huge arsenal of tools that are available to every trader:

Convenient conditions for depositing and withdrawing funds;

Attractive spreads, which will be appreciated by experienced market players;

Wide choice of trading tools;

High speed of order execution (does not exceed 0.04 s);

Safety of funds in case of risk of losses;

A forexcopy system to duplicate successful transactions;

Training programs;

A lot of quality analytics;

Prompt response of technical support on weekdays.

Compared to similar offers of the market, superforex stands out favorably. It is also attractive due to the absence of cloud deposits and annoying calls to customers. Special attention should be paid to various bonuses and contests provided by the platform. Let’s talk about them more detailed below.

In addition to the demo account, superforex provides customers with the option of training in forex trading, which will be useful for both pioneers in the forex market and experienced traders. Here the company’s customers participate in seminars, courses, training videos. There are a lot of analysts, market reviews and various tools available on the site. For those traders who decided to become partners of the company, there is a special training on business development together with a broker.

Superforex platform

According to the broker, customers have access to advanced technical equipment. Traders can use such programs:

Metatrader 4 is a powerful free platform where you can trade, analyze the market and use trading robots and advisors. This tool is very popular with players.

Pattern graphix is also a useful trading advice program that works in conjunction with MT4. With its help users get useful recommendations on transactions and tools.

Superforex broker quotes

A lot of things happen on the forex market like in the old saying: «first come, first serve» (full truth about forex). This requires vigilance in order to keep up with the constant shakes that the market is going through. A broker provides his customers with only actual quotes, cooperating with reliable liquidity providers for this purpose.

Due to the high speed of order execution (0.04 s) traders can trade in the market and increase their earnings. On the website superforex.Com you can study the direct and reverse quotes: in the first case, the U.S. Dollar or euro is equal to other currencies, and in the second – any currency is equal to the U.S. Currency or the european union. Superforex liquidity partners are:

BNP paribas.

Natixis.

Citibank.

UBS group AG.

Superforex demo account

In order to interest newcomers to trading, superforex broker offers them a forex demo account, where they can test their knowledge and strategy. Due to this, the player:

Will appreciate the capabilities of the trading terminal;

Will understands the principle of its main functions;

Will study the settings of the terminal charts;

Will «take his first lumps» and gain the valuable trading experience.

The demo account is in three currencies: dollars, euros, pounds sterling. Leverage is 1 to 10, lots from 1 cent to 100 dollars are available. There are no bonuses here and you cannot see the deals of successful traders through forexcopy.

Superforex mobile application

Following the trends of online trading, the broker provides customers with the opportunity to work in the mobile application of the author’s development. The broker has taken care of his customers and created a software, in which you can open accounts, replenish the balance, check trading operations, track quotes and more from your smartphone. Here you can also read useful thematic articles, take successful traders as an example and keep track of global economic news.

The mobile platform is a resource that allows players to always be aware of market fluctuations regardless of the location and time of day. It has a user-friendly interface, requires minimal traffic for work, allows you to easily perform standard operations, making trading really comfortable.

Superforex bonuses

As for the issue of bonuses, there are many of them available on the platform. Bonuses here perform both motivational and incentive functions. At the beginning of its development the company tried to attract attention of traders (bonuses of forex brokers). It’s hard to surprise demanding traders, who are not the first day of forex, but superforex managed to do it too. The company offers the following bonus programs:

On the official website of superforex.Com there is a comparative table of all programs, which can be used to easily assess the merits of a particular offer. Some of the bonus programs can be combined with others, thereby increasing their profits. One of the best offers can be called «dynamic bonus». In spite of the fact that it does not give out +1000% on the account, nevertheless inside the system it is considered real money. That is, in addition to the earned funds, the player can cash and accrued bonus. The company offers the following bonus programs:

No deposit.

Easy deposit.

Welcome+.

Energy.

Hot.

Dynamic.

On the official website superforex.Com there is a comparative chart of all the programs, it is easy to judge this or other offer. Some of the bonus programs may be combined with others, increasing their profit this way. One of the best offers we can call the «dynamic bonus». Despite of the fact that it does not pay +1000% to the account, however inside the system it is considered the real money. That is, except of the earned funds the gambler can convert into cash the accrued bonus, too.

Beginners should take a closer look at high leverage offers. «bonus +1000%» will allow you not to risk your money earned and try your hand at forex trading with minimal investment. For example, you are afraid of losing money and are not ready to invest $100 in the platform at once. When you deposit $10 into your account, you can’t count on effective trading. For this amount you can afford a few trades and they will be unprofitable, because everything will go on margin. When you go into minus, there is a lack of margin for drawdown, which leads to a stop-out. Forced or independent completion of the transaction will not bring the desired results, but if you have patience and wait just one day, you can avoid losses. One day will be enough to increase the size of the invested money and from your own 10 dollars you get 100, for which you can trade.

Another interesting offer is the «60%» bonus, which will be an ideal solution for active traders.

There are also a lot of contests, in which traders participate.

Deposit and withdrawal

It will take a few minutes to deposit funds into your balance sheet or withdraw your earnings. Superforex guarantees prompt transfers of funds with transparent conditions. The list of available payment methods is replenished periodically. For 29 countries it is allowed to top up your account in local currency. You can top up your account through:

Bank transfer.

Bank card visa/mastercard.

E-wallets.

Cryptocurrency.

For each transaction there is a certain commission and different terms of processing the request. If the broker does not charge a commission for depositing the account regardless of the chosen method of money transfer, there are the following commissions for withdrawal:

3% + $35 for bank transactions;

1,5% + $7,5 for the dollar account for cards;

0,9% for cryptocurrency wallets;

0,1-3,9% for e-wallets.

When replenishing the account the money is credited for a few minutes, and when withdrawing – within 1-3 working days.

Complaints against superforex

In the network there are ambiguous responses about the newbies broker superforex. The company deserves attention, but it is difficult to call it a leader in its industry. Traders consider the following aspects to be positive:

Minimum deposit amount.

6 various bonuses.

Official license.

Quality analytics.

Various trading tools etc.

The disadvantages singled out are:

Low training quality.

Profit withdrawal delay etc.

As a result, the traders’ opinions differ: some of them prefer superforex, others – categorically against it.

If we find complaints about superforex, we will post it on social media. Follow us to be well informed:

Superforex broker regulator

Offering services in financial markets, the broker has the necessary license for that. Its regulator is the international financial company IFSC, one of the most reliable commissions from an offshore zone. After checking the broker and confirming the presence of his authorized capital (from 500 thousand dollars) IFSC issued the project a license to conduct brokerage activities.

Superforex user agreement

Before you start working with the superforex broker platform, you should pay attention to the «user agreement». For each type of account there is an official document regulating the powers and duties of the broker and trader. Besides, it is necessary to study documents «complaint investigation policy» and «order execution policy». Having got acquainted with them, the player will be able to estimate the risk and chances of further earnings in partnership with the broker.

As for the document «terms of superforex application», it is in english, only. Still, it is worth studying its provisions. For example, it is said here that the broker has the right to change these rules without warning. All the users are responsible for the fact that they have not got acquainted with their updates:

In addition, the broker declines the responsibility for the information provided on the official website superforex.Com. That is, all information should be questioned, since superforex does not guarantee its reliability:

The «complaint investigation policy» states that any complaint will be investigated within 4 weeks:

Complaint investigation policy superforex.com

The «order execution policy» states that the broker reserves the right to reject orders at the first available price:

Is superforex a scam?

The company sets as a principle of success an innovative approach to trading, working on the quality of service, ready to offer its customer the best trading conditions. There are also training materials here, there is an opportunity to work on a demo account. In addition, the broker has a license, various reviews, including positive ones.

Still, superforex is a swindle? At the moment we will not make such a conclusion, but we recommend to invest a small amount of money in trading to test the broker in the case. Of course, there are negative responses from dissatisfied traders of the platform in the network, but there are also positive responses among them. The loud accusations that the company is a cheater are not supported by reliable facts in most cases. Some traders have been making money here for several years, recommending the platform to their acquaintances, while others cannot withdraw even the first payment.

Summary

Superforex forex broker offers for traders the access to the foreign exchange market, as well as other opportunities: training in trading, the option of copying transactions, demo account, etc. By general standards, this company is not a bad one, it is aimed more at the audience of forex beginners. Still, before joining the full-fledged trading on the market, it is worthwhile to study the project more carefully and invest small amounts of money in it.

Superforex review

Overview

Website

Company

Address

Phone

Email

Regulation

Warning

Rating

Superforex details

Superforex is an online trading broker owned by superfin corp and located at 5 cork street, 2 floor, belize city, belize.

They can be contacted by phone number at +6531590282 or by email at support@superforex.Com.

Their website can be found at : superforex.Com

Traders opinion

To avoid being scammed by a con artist’s scheme, it is recommended to first take a look at what other people are saying about the company you want to invest in.

After doing some research on social medias (facebook, twitter, instagram…) and trading forums, we found out that some users are unhappy about their experience with superforex and wrote mixed reviews about it.
It seems like superforex is not a reliable broker and you should take that into consideration before investing.

If you don’t want to be the next victim of a fraudulent broker operating with a fake company, always do your own research first.

Is superforex legit or a scam?

This is the most important thing you need to know about a broker before using it. Is superforex regulated ? Is it an offshore company ?

Most brokers are unregulated or regulated by an offshore regulation authority which won’t help you in case of problem. Keep in mind that if a broker steal your funds, you won’t be able to complain about it unless they are licensed by a serious regulator such as:

The cyprus securities and exchange commission (cysec)

The financial conduct authority (FCA)

The australian securities and investments commission (ASIC)

An unregulated broker is clearly not authorized to operate in any regulated country and you should definitely not put any money into it.

You should definitely avoid any unregulated or offshore trading compagnies!

How online trading scams work

The common used strategy by fraudsters is to first display some winning trades on your account to give you the impression that you are quickly and effortlessly making money. This allow them to gain some trust and confidence from you.

Their next step is usually asking you to invest more money or get some friends and family to invest in order to get the maximum funds they can from you.

When they feel that you are not able to invest any more money into the scam, they will simply suspend your account and you probably won’t hear from them any longer.

Many scam firms fraudulently claim to be based in a regulated juridiction using fake addresses and regulation licences in order to look truthfull in the eyes of future clients.

Superforex scam

Ken_singapore

Recruit

My name is ken, from singapore. I won USD 250 during showfx asia 17 september 2016. I grew my account till USD 5511.27 and on 26 february 2019, superforex decided to disable my account 72990 without informing me. I did an inquiry through the online support but it was not helpful. The staff did not answer my questions and exited the conversation room. See below picture 1 and 2.

If you decide to open an account with this broker, please reconsider.
I am the one standing on the left and inna sokolovskaya (partnership department manager) presented the US 250 prize award. See picture 3.

My daily account report. See picture 4 and 5.

If you need more information, please write to me.

Walter emslie forex

Private, 1st class

Very sorry to here about this bad news about this broker.

Please can you post what their terms & conditions were in agreement here and explain your trading method.

Attachments

Ken_singapore

Recruit

Hi walter emslie, thanks for your concern. Attached is the superforex term and condition (client)

I have no idea which clause I was penalized and superforex did not give me a clear explanation why account 72990 was disabled.

My trading style is pending buy and pending sell. Seldom market order entry unless decided by other factors.

The nearest clause I can see potentially to cause this account disabled is

9.1.5.The customer acknowledges that the company has the right to suspend activity on the customer’s trading account in case the company has any suspicion that the customer’s trading account is used for money-laundering or the customer has provided deliberately false information. Once the operations are suspended, the company shall conduct the investigation that may include examination of the account data, trading account depositing history, identification of the customer etc. The customer acknowledges that the company has the right to initiate the investigation if it has reasons to suspect that the customer has traded on the account in violation of the present agreement.

But come on.. Money laundering through a 5 thousand account? It is impossible.

Superforex scam

Superforex review + bonus review

There are some brokers out there promising no-deposit bonus and many of them don’t hold to their promise and give you some excuses for that. I think superforex is one of them and their $50 no-deposit bonus is not real.

I registered with them and sent my documents and they verified the documents but they rejected me when I requested the no deposit bonus. So to answer the question, do they give you the no-deposit bonus? My answer is, no supperforex won’t give you the no-deposit bonus, at least according to my experience.

Note: after writing this review, I asked some of my friends to apply for the bonus and they did. They all received the bonus so I think I did something wrong in the registration process. You’ll see that in the following lines.

However; as long as I want this review to be fair, something happened that might cause the rejection. I can’t say that for sure because they don’t give you any reasons for the refusal.

The no-deposit bonus is a welcome bonus that is provided for the new clients of a broker who haven’t registered with them before. It’s the same rule for all the brokers that offer such a bonus.

Most brokers verify this by asking you some documents such as a photo of your passport or any other ID cards, and a proof of address document showing your address and name on it such as utility bills.

This is the same for supperforex broker but they apparently have another verification method which is detecting new clients by their IP address. I’m not really sure if this is an excuse to reject you or a legit one because I think my VPN was on when registered with them so they got a different IP address.

Obviously, they either don’t like VPN or any other types of proxies, or they really don’t give you the no-deposit bonus.

To be honest, I’m not sure the VPN subject is the case because they could have asked me to turn off my VPN so they can detect my location. The customer service seemed very cooperative and solved all my problems, even sped up the process of document verification, until they decided not to allocate the bonus to me.

I didn’t even need such a bonus and it was a case study for writing a series of reviews for this blog about brokers that give no-deposit bonus and I told them that, but they didn’t seem cooperative anymore and bailed out.

If you had the same problem with them and were rejected to receive their no-deposit bonus, you are welcome to write your comment at the bottom of this post.

On the other hand, if you are reading this post because you’ve decided to get the bonus, you can go to their no-deposit bonus page and give it a try. You can also tell others about your experience after that by commenting here.

But before that, make sure to read the following review which contains the rules of superforex no-deposit bonus and their other bonuses along with a summary of the broker.

By the way, if you decide to contact them for your problems, do it through live chat because the email version is not a good option. It seems their customer service works better via live chat. As if people in email supporting section don’t like their jobs very much, however, supporters in the live chat are on their toes.

One more thing, they probably have problems with eas or automated trading so if you want to run an EA, first check with them.

You'll see in this article:

About superforex

Superforex entered brokers’ world in 2013 and has provided service to more than 150 countries since then — they don’t accept clients from the US.

They are a belize-based firm. Belize is a country where a lot of brokers are located because of its taxation system which makes there a tax haven —companies do not pay taxes on earnings from abroad.

They are regulated by IFSC which is not a strong regulation so I think one of their main weak points is their regulation so you should be careful if you decide to open a big account with them.

Other than that, the broker seems to have acceptable conditions. They have several types of accounts and various kinds of payment methods and several bounces, if they’re committed to them of course.

Types of bonuses

Superforex claims to offer 6 types of bounces with different conditions.

Superforex $50 no deposit bonus

As we discussed this one, it’s a $50 welcome bonus given to new clients upon their requests.

Besides what we talked about, there are some rules that you should know before applying for that. Make sure to read them entirely before taking further actions.

Some of the important ones are:

The bounce is not withdrawable but you can withdraw the profits

For being eligible for the bonus, you must send your ID and address information to be verified

The maximum profits that you can withdraw are equal to the bonus — $50.

You have to trade 1 standard lot for every $1 profit you make to be allowed to withdraw that, and the minimum amount you can withdraw is $10. So, you must at least trade 10 lot before withdrawing the profits.

Before withdrawing the profits, they may ask you to write 3 positive reviews about them, really! This is absolutely hilarious and I burst out laughing when I read that for the first time.

You can only withdraw once and after that, the bonus will be canceled. For example, if you make $10 with the rule of 1 lot for each dollar; if you withdraw that $10, you can’t withdraw any other profits if you continue trading afterward because the bonus is canceled.

If you lose the bonus and if you decide to deposit money, make sure to open another account and do not trade with the no-deposit bonus account because that account is already canceled. You’d better talk to them before that.

You can find a complete version of the rules in your cabin after registration. The steps of registration for the no-deposit bonus are on this page.

Superforex double ($100) no deposit bonus

This is an update to this post in 2020 when superforex announces a new no deposit bonus called X2 or double no deposit bonus which becomes $100.

The terms and conditions of superforex double no deposit bonus are similar to the $50 bonus with a few changes.

First off, it’s a $100 bonus instead of $50.

Second, you need to deposit $10 to receive an extra $50. It means you get the first $50 bonus that we talked about earlier and then if you want an extra $50, you only need to deposit $10, so you can trade with $110 — $10 yours, $100 bonus

If you withdraw your $10 after receiving the extra $50, your bonus will be canceled.

The maximum profits that you can gain over this bonus is $110 this time. Considering one lot for every dollar, you need to trade 110 standard lots if you want to release all the $100 bonus and your $10.

Of course, you can withdraw your $10 without meeting the lot condition but as I mentioned before, the no deposit bonus will be removed from your account in this case.

Other conditions are the ones that are explained in the $50 no deposit bonus section.

How to get double no deposit bonus

If you haven’t received the $50 bonus yet, first you have to open an account here.

Then, you need to follow the steps of receiving the $50 bonus which are: verification of your documents, going to the bonus section in your client cabinet and pick the bonus. Then hit the “get the no deposit bonus” button at the bottom of that page.

Next, you need to deposit $10 if you want to get the extra $50, otherwise, you can trade with the $50 no deposit bonus instead of $110.

If you’ve already received the $50 no deposit bonus, just go to your client cabinet and pick X2 no deposit bonus > hit the “get the no deposit bonus” button > deposit $10 and receive another $50.

Dynamic bonus

This one is a deposit bounce so you must deposit some money first and they give you up to 25% of your money, however, it’s not an instant bonus deposited to your account.

Like the no-deposit bonus you have to redeem that by trading 1 lot for every dollar, but this time you are supposed to be given the bonus itself, not just the profit, and the reason is obvious because you are trading with your own money.

As I said, you can receive up to 25% bonus but it varies regarding your deposit. Every time you deposit, you become eligible for this bonus.

From $100 to $500 – the bonus is 20%

From $501 to $1500 – the bonus is 15%

From $1501 to $3000 – the bonus is 10%

Over $3000 – the bonus is 25%

So, for example, if you deposit $100, you can expect to receive $20 but you have to trade 20 lots before all that $20 being released.

Some other rules about this bonus are:

You can open several accounts and the bonus is available for every one of them.

If you withdraw some amount of your profits before reaching the relevant percentage level, they cancel part of the bonus.

This is the formula they use for this purpose:

[(X/Y) * (the amount of the dynamic bonus)] minus [the released amount]
Where:
X = the amount that is requested for withdrawal
Y = the current available balance in the account after the amount of the dynamic bonus has been deducted
And this is the example regarding to that:
For example, you claimed the dynamic bonus and made a deposit of $100 to activate it. According to the chart above, the bonus will be 20% of $100 = $20. In total you have 120$ on your account. Let’s say you make some trades on 2 lots and get to $200, and you want to make a withdrawal of $50. Let’s use the formula to see how much money will be cancelled from your account:
X = $50
Y = 200 – 20 = $180
Released amount = 2 lots = $2
=> the cancelled amount = (50/180)*20 – 2 = $3.55
Other rules are a bunch of conditions that superforex can cancel the bonus at its discretion. You can find the relevant page here.

Easy deposit bonus

It’s a one-time bonus that is supposed to provide better conditions for you as a trader with a small amount of money.

In this type of bonus, you’ll receive 1000% of your initial deposit. For example, if you deposit $10, you’ll receive a $100 bonus but your $10 will be a part of the bonus after that. It means, you have $110 credit to trade and you are only allowed to withdraw the profits, not the $110.

Like the no-deposit bonus, here you need to release the profits by trading lots but the condition is harder than the no-deposit bonus.

For every $1 to be released, you must trade 2 lots. For example, if you want to withdraw $10, you have to trade 20 lots.

Like the dynamic bonus, if you withdraw sooner than you reach the end of the bonus, $110, you lose a proportion of the bonus. The formula using for that is:

(withdrawal amount/bonus profit) * current bonus amount = cancelled funds

For more information, you can check this page.

Welcome+ bonus

It’s a bonus that you can request every time you deposit. The first time you deposit, you receive 40% of your deposit as the bonus. For example, when you deposit $100, you receive $40 as a bonus. The second time you deposit, you receive 45% provided that you deposit $500, otherwise you get the same 40% and your previous 40% bonus is canceled, but if you decide to deposit $500, the first 40% remains intact plus another 45% that you receive from your second deposit.

If you decide to deposit for the third time, you receive a %50 bonus this time, providing that you deposit at least $1000. You can do this three times in a row for each account. The first time you get 40%, the second time you get 45% and the third time you get 50%.

I didn’t see any rules regarding lot size but if you withdraw before you get to the bonus level, for example 40%, some part of your bonus will be canceled according to the following formula.

C = (X/Y) * (the amount of the 40% bonus on the deposit)
Where:
C = cancelled amount
X = the amount that is requested for withdrawal
Y = the current available balance in the account after the welcome+ bonus and other types of bonuses, if available, have been deducted.
For example, you claimed the welcome+ bonus and made first deposit of $100 to activate it. The bonus will be 40% of $100 = $40. In total you have 140$ on your account. Let’s say you make some trades and get to $200 and you want to make a withdrawal of $50. Let’s use the formula to see how much money will be cancelled from your account:
X = $50
Y= 200 – 40 = $160=> C = (50/160)*40 = 12.5
So $12.50 will be cancelled from your account after you make your withdrawal.

I think in the above example, if you want to receive the entire bonus, you have to earn $140 profits (deposit+ bonus).

To see the steps of getting this bonus, you can see this page.

60% energy bonus

In this type of bonus, you can receive a 60% bonus every time you deposit. There’s a long-winded explanation about the profit you can get from this bonus.

I think they intentionally overcomplicate the rules so you don’t understand what you get but what I basically understand from that was, you can just withdraw the profit you gain from your deposit and the bonus is just for helping you to trade with bigger lots.

But all in all, it may come in handy from a money management perspective or psychology angle, however, that’s true if you are a profitable trader but if you can’t make profits, it just speeds up your losses.

120% hot bonus

This bonus is exactly the same as the 60% bonus but you receive more credit this time. Instead of getting 60% of your deposit as a credit, you have 120%.

For example, if you deposit $100, you receive $120 as the bonus so it can make the winning or losing pace even faster.

Compatibility of bonuses

If you decide to use those bounces, you should know that you can’t combine some of them and use them at the same time. On the other hand, some of them can be applied simultaneously.

You can’t use no deposit bonus with other bounces

You can’t use easy deposit with other bounces

Dynamic and welcom+bonus can be used together

%60 energy and %120 hot bonuses can be used together

Superforex overview

In case you’ve decided to give superforex a try, this is an overview of this broker.

Location: belize

On-line since: 2013

Regulation: IFSC

Types of accounts: STP and ECN

Spread: fixed for STP and floating for ECN

Minimum account size: $1

Payment methods: bank wire transfers (in local currencies for 60+ countries), skrill, visa, mastercard, neteller, unionpay, perfect money, QIWI, bitcoin, and more.

Available countries: 150+ excluding the US

MAX leverage: 1:1000

Trading instruments: forex, cryptocurrencies, gold, metals, commodities, oil, indices (all instruments)

Trading platform: MT4 (mobile and desktop)

The bottom line

In this review, I tried to look at one of the brokers, superforex, that claims to give away $50 as a no-deposit bonus to new clients and I explained why I think their claim is not real regarding my experience, however, that might not the same for others.

I looked into their other bounces as well and some of them may benefit you, however, you should read the rules first so that you know what you’ll get.

If you’ve had experience with superforex, especially about the bounces, you can drop a comment below. If you haven’t opened any accounts with them but you’re going to apply for the $50 bonus or any other bounces, come back later and let us know about your experience.