If you are taking your first steps into the Forex world, or thinking about it, you know that picking a broker is a big decision. New traders often crave convenience and reliability at a cheaper price. While this may sound impossible, we believe that SuperForex is a broker very well equipped to cater to these needs. Here are the top five reasons why SuperForex is the most suitable broker for beginners.
1.Accounts for Everybody
As a beginner, you should probably start with a standard account, the one with the simplest setup. However, SuperForex has that and more. There are various account types for all manners of traders.
Beginners might be especially interested in the Micro Cent account, which is designed to make the most out of small investments. In addition, SuperForex also offers demo accounts where you can practice without risking any money. Demo accounts might just be where you start until you are ready to make a financial commitment.
Should you one day feel ready to branch out into things like greater-volume trading or cryptocurrencies, you could also try other types of accounts without having to switch your broker.
2.Deposits Are Forgiving and Accessible
The minimum deposit SuperForex asks for on standard accounts is just $1. This means that if you only have $3, for example, to spend on trading, you absolutely can. In comparison, other brokers might require minimum deposits of $20, $50, $100 or even more. Not to mention, SuperForex has ways to allow you to trade without an initial investment. But more on that later.
Furthermore, SuperForex has a Deposit Protection program. Under it, you could claim back the money you lose in a potentially bad deal as bonus funds. That is a safety net few brokers can provide.
Another crucial point here is that SuperForex has tens upon tens of supported payment methods. It has also tried to incorporate local payment systems where possible. Thus, traders have lots of great options on how to handle their money. The broker does not charge fees on deposits.
3.Bonuses to Boost Your Funds
Bonuses are an excellent way to increase the money in your account. For instance, the 2021% Easy Deposit Bonus will give you $202.1 of extra funds for a deposit of just $10. Then you will have $212.1 at your disposal to trade and turn into profit.
SuperForex has many other great bonuses to help boost their clients’ funds. One of the broker’s most popular offers is the No Deposit Bonus. As the name suggests, traders can claim this bonus immediately without making any investments and get money for trading in their accounts.
4.Lots of Educational Content
SuperForex has a library of educational materials for traders to use. There are books and lectures on topics such as how to read charts and use technical analysis tools. Some of these most fundamental lessons have also been turned into short videos you can watch for free on the broker’s YouTube channel.
Moreover, the broker’s large network of partners also organize seminars on various trading topics in their respective countries. Some of the broker’s representatives also offer private Forex coaching as well.
The broker has a dedicated customer support team that clients can talk to about any problems or questions they may have. They are accessible via chat, email, social media, and more.