It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.

Pros and cons of Super Forex

Pros:

• Wide range of trading products and account types to choose from

• High leverage of up to 1:3000

• No additional fees on transactions with your account

• Extensive educational resources available, including videos and seminars

• Multiple channels of customer support, including social media platforms and callback option

• Fast processing time for deposits

Cons:

• Limited regulatory oversight and licensing

• Limited information on the company's history and ownership

• Some account types have high minimum deposits, such as the Profi STP and ECN accounts

• The spreads on some trading products can be higher compared to other brokers

• Withdrawals may take longer to process compared to deposits

• Limited options for trading platforms, only offering the MT4 platform.

What type of broker is Super Forex？

Super Forex is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, Super Forex acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of the leverage offered. However, this also means that Super Forex has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interests of their clients. It is important for traders to be aware of this dynamic when trading with Super Forex or any other MM broker.

General information and regulation of Super Forex

SuperForex is a global forex broker established in 2013 with a mission to provide its clients with top-quality financial services and a wide range of trading instruments. The company is headquartered in Belize. With its client-centric approach, SuperForex offers various account types, flexible trading conditions, a range of trading platforms, a variety of payment options, and a comprehensive set of educational resources to cater to the needs of both novice and experienced traders.

In the following article, we will analyze the characteristics of this broker in all its dimensions, providing you with easy and well-organized information. If you are interested, read on.

Market instruments

Super Forex offers a wide range of trading instruments, including cryptocurrencies, precious metals, stocks, oil, forex pairs, and indices. The availability of multiple asset classes provides traders with diversification opportunities, access to global markets, and the potential for high returns. With access to popular asset classes such as forex pairs and indices, traders can also benefit from high liquidity, which means they can quickly enter and exit positions at the desired price. However, trading multiple asset classes can be complex, may require extensive knowledge and expertise, and may come with higher margin requirements, increasing trading costs. Additionally, as the research and analysis on each asset class may not be as detailed or comprehensive as traders would prefer, traders should conduct their own research and analysis to make informed trading decisions.

Spreads and commissions for trading with Super Forex

Super Forex offers competitive spreads and provides a detailed fee table that outlines spreads, commissions, SWAPs and lot sizes for various accounts and products. The absence of commissions and deposit/withdrawal fees makes trading cost-effective. However, as an unregulated broker, Super Forex carries a risk of potential hidden fees. Also, the high leverage of up to 1:3000 can be both beneficial and risky, as it can magnify profits and losses. Moreover, the lack of negative balance protection is a disadvantage that can expose traders to significant losses.

Trading accounts available in Super Forex

STP accounts:

ECN accounts:

Super Forex offers a variety of account types, ranging from Standard and Micro Cent accounts to more specialized accounts like No Spread and Crypto. The broker also offers ECN accounts with floating spreads for traders looking for a more transparent pricing model. Each account type has its own minimum deposit requirement and maximum leverage, giving traders the flexibility to choose an account that best fits their needs. Additionally, the Swap-Free account option is available for those who require it, and the Profi STP account is specifically designed for professional traders. However, it should be noted that some account types have limited leverage and some have higher spreads compared to others.

Trading platform(s) that Super Forex offers

Super Forex offers its clients the popular MetaTrader 4 (MT4) platform for trading, which has been in use for over a decade and is known for its user-friendly interface and flexible customization options. With MT4, traders have access to advanced charting tools, automated trading through expert advisors (EAs), and a large community of support with abundant resources. However, MT4 has limitations in terms of access to market data and news compared to newer platforms, and it does not offer two-factor authentication for added security. Additionally, while the platform is flexible and customizable, it does have limitations in terms of charting tools compared to other platforms.

Maximum leverage of Super Forex

Super Forex offers a very high maximum leverage of up to 1:3000, which can be advantageous for experienced traders looking to amplify their profits and gain greater market exposure with smaller initial investments. However, high leverage also carries a significant amount of risk, as it can lead to substantial losses in a short period of time. This requires traders to possess advanced risk management skills and strategies to mitigate the risks. Additionally, high leverage is not available in all jurisdictions due to regulatory restrictions.

Deposit and Withdrawal: methods and fees

SuperForex offers a variety of deposit and withdrawal options to cater to clients' different preferences. One advantage is that the company does not charge any additional fees on transactions with your account. However, there is no information available on the fees charged by payment systems or banks, which may lead to unexpected charges for clients. Processing time for withdrawals may also take up to four business days, which may be longer than some competitors. On the other hand, deposits are processed instantly. SuperForex also offers local payment options, which can be convenient for clients in certain regions. However, the cryptocurrency options are limited compared to some competitors. It would be helpful for SuperForex to provide more information on withdrawal limits to assist clients in planning their transactions.

Educational resources in Super Forex

Super Forex offers a variety of educational resources for its clients. The company provides comprehensive lections, a glossary, seminars, training centers, educational videos, and other resources to help traders learn more about forex trading. Additionally, Super Forex has an official YouTube channel where clients can access even more videos to supplement their learning. These resources are available free of charge to Super Forex clients, and they are accessible to traders worldwide. However, there are some disadvantages to Super Forex's educational resources. While they are comprehensive, they do not offer personalized guidance, and there is no formal certification process. Additionally, the resources are self-directed, which may not be suitable for all learners, and some of the materials may be more basic than others.

You may also visit their official YouTube channel to watch more videos. Here is a recent video about technical analysis.

Customer service of Super Forex

Super Forex offers a variety of customer care options for their clients. The company provides 24/5 customer support through various channels, including email, phone, WhatsApp, WeChat, Telegram, and social media platforms such as Instagram, YouTube, Facebook, Twitter, and LinkedIn. The FAQ section on their website is another helpful resource for clients who prefer self-help. Additionally, the callback feature is available for personalized assistance. However, Super Forex does not offer 24/7 customer support and live chat is not available on their website. Furthermore, phone support may not be available for some countries and there is no physical office or location available for in-person assistance.

Conclusion

In conclusion, Super Forex is a reputable and reliable forex broker that offers a wide range of trading instruments and account types to its clients. Its multiple deposit and withdrawal options, as well as its educational resources and customer support channels, make it an attractive option for traders of all levels of experience. The company also stands out with its high leverage of up to 1:3000, which can potentially lead to significant profits. However, traders must be aware of the risks involved in high leverage trading and exercise caution when trading with such high ratios. Overall, Super Forex provides a solid trading environment for traders looking to participate in the forex market.

Frequently asked questions about Super Forex

• Question: What is Super Forex？

• Answer: Super Forex is a global forex broker that provides online currency trading services for both retail and institutional clients worldwide.

• Question: Is Super Forex regulated？

• Answer: No, Super Forex is not regulated.

• Question: What trading platforms does Super Forex offer？

• Answer: Super Forex offers the popular MetaTrader 4 (MT4) trading platform, which is available for both desktop and mobile devices.

• Question: What is the minimum deposit required to open an account with Super Forex？

• Answer: The minimum deposit required to open a Standard account with Super Forex is 5 USD.

• Question: What types of accounts does Super Forex offer？

• Answer: Super Forex offers various types of accounts, including Standard, Swap-Free, No Spread, Micro Cent, Profi STP, Crypto, ECN Standard, ECN Standard-Mini, ECN Swap-Free, ECN Swap-Free Mini, and ECN Crypto accounts.

• Question: What is the maximum leverage offered by Super Forex？

• Answer: Super Forex offers a maximum leverage of up to 1:3000.

• Question: What educational resources are available on the Super Forex website？

• Answer: Super Forex provides a variety of educational resources, including comprehensive lessons, a glossary, seminars, training centers, and educational videos, which are all designed to help traders improve their knowledge and skills in the forex market.

Let's start here:

Doo Prime is a regulated broker offering 10,000+ popular trading products with spreads starting at 0.1 pips. The platform provides access to MT4, MT5, Doo Prime InTrade, TradingView, and copy trading. While it appears promising, let's dive deeper to assess if it truly meets its claims of providing an exceptional trading environment.

What is Doo Prime?

Doo Prime is a wholly-owned subsidiary of Doo Prime Holding Group, founded in 2014, headquartered in London, UK, with operations offices in Hong Kong, Taipei, Dallas, Kuala Lumpur, and Singapore.

Doo Prime offers a diverse selection of tradable assets, including forex, contracts for difference (CFDs), indices, and cryptocurrencies. Doo Prime offers different account types to suit individual preferences. Traders can commence their trading journey with a minimum deposit of $100.

In terms of leverage, Doo Prime offers flexibility with leverage options of up to 1:1000. The widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms provide an extensive range of analytical tools, indicators, and expert advisors for comprehensive market analysis and automated trading.

Is Doo Prime Legit?

Yes, Doo Prime is legally operating in different jurisditions, as it is subject to regulatory oversight from multiple regulatory authorities, FSA (Financial Services Authority) in Seychelles, FINRA (Financial Industry RegulatoryAuthority), LFSA (Labuan Financial Services Authority), VFSC (Vanuatu Financial Services Commission), and ASIC (Australia Securities & Investment Commission).

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number
	FSA	Doo Prime Vanuatu Limited	Retail Forex License	SD090
	FINRA	PETER ELISH INVESTMENTS SECURITIES	Financial Service	24409 / SEC: 8-41551
	LFSA	Doo Financial Labuan Limited	Straight Through Processing (STP)	MB/23/0108
	VFSC	Doo Prime Vanuatu Limited	Retail Forex License	700238
	ASIC	DOO FINANCIAL AUSTRALIA LIMITED	Investment Advisory License	222650

Doo Prime Seychelles Limited, its entity in Seychelles, is authorized and regulated by the Seychelles Financial Services Authority (FSA) under regulatory license number SD090, holding a license for Retail Forex operation.

PETER ELISH INVESTMENTS SECURITIES, its entity in the United States, is authorized and regulated by the Financial Industry Regulatory Authority (FINRA) under regulatory license number 24409 / SEC: 8-41551, holding a license for Financial Service.

Doo Financial Labuan Limited, its entity in Malaysia, is authorized and regulated by the Labuan Financial Services Authority (LFSA) under regulatory license number MB/23/0108, holding a license for Straight Through Processing (STP).

Doo Prime Vanuatu Limited, its entity in Vanuatu, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC) under regulatory license number 70038, holding a license for retail forex operation as well.

DOO FINANCIAL AUSTRALIA LIMITED, its Australian entity, is authorized and regulated by the Australia Securities & Investment Commission (ASIC) under regulatory license number 222650, holidng a license for Investment Advisory Lincense.

Pros & Cons

Doo Prime offers over 10,000 popular tradable assets, and multiple trading platforms, providing flexibility and choice for traders. Furthermore, the availability of social trading features is proovided. However, traders should be mindful of the commission charged per trade and the limitations in terms of educational resources and account customization. Additionally, Doo Prime's promotional offerings may be limited.

Market Instruments

Trading Assets	Available
Securities
Futures
Forex
Precious Metals
Commodities
Stock Indices

Doo Prime offers a comprehensive range of market instruments to cater to the diverse trading needs of its clients. These instruments encompass a variety of asset classes, including securities, futures, forex, precious metals, commodities, and stock indices.

Doo Prime Minimum Deposit

To open a most basic account, that is Cent Account, $100 is required, same as its standard account requirement. However, $100 to open a cent account is a little bit sticky, compared to HTFX's $5 to open a cent account. Well, $100 to open a standard account is acceptable.

Here is a table to show Doo Prime's minimum deposit with other brokers:

Broker	Minimum Deposit
	$100
	$200
	$100
	$1

Account Types

Doo Prime offers three types of live trading accounts tailored for different trading needs:

Account Type	CENT	STP	ECN
Account Currency	USD
Minimum Deposit	$100	$100	$5,000
Spreads	High	Medium	Low
Free Demo
Expert Advisor
Hedging Positions
Order Execution	Market Execution

The Cent account is designed for those who are starting their trading journey or prefer to trade with smaller volumes. With a minimum deposit of $100, the Cent account provides accessibility to the markets without the availability of a demo account. Traders can gradually build their trading skills and experience while managing lower trade sizes.

For traders looking for a Standard account, Doo Prime offers an option with a minimum deposit of $100. This account type allows traders to access a wider range of trading opportunities. The Standard account also provides the advantage of a demo account, enabling traders to practice their strategies and familiarize themselves with the platform before engaging in live trading. This feature helps traders gain confidence and refine their trading approach.

Doo Prime also offers an ECN account, specifically designed for more experienced traders seeking direct market access and enhanced trading conditions. With a higher minimum deposit requirement of $5000, the ECN account provides access to deep liquidity and tight spreads. Similar to the Standard account, the ECN account also includes a demo account option, allowing traders to test and fine-tune their trading strategies in a risk-free environment.

Doo Prime Demo Account

Notably, Doo Prime restricts demo accounts to Standard and ECN account holders. Additionally, if clients don't log in to their demo accounts for over 60 days, those accounts become inactive.

Here are some easy steps for you to open a demo account:

Step 1:Visit Doo Prime – Official Website and click “Demo Account”on the top right corner.

Step 2: Account Registration: Simply enter your phone number and email on the registration interface, choose verification via email or phone, click “Send Verification Code,” set your password upon successful verification, and then agree to the terms before clicking “Submit Registration.”

Step 3: Add a demo account: In the Doo Prime User Center, go to the homepage and choose “Add Account” below the demo account section.

Step 4: Customize your demo account: You can add an account by selecting the “Creation method,” “Trading Platform,” “Basic Account Type,” “Account Currency,” “Leverage,” and specifying the “Deposit Amount.” Then, set your “Trading Password” and “Read-only Password” to complete the process.

Step 5: Demo account is sucessfully opened: Once registration is complete, users can access their personal mailbox to retrieve their demo account login details, which include the chosen “Trading Platform,” “Demo Account,” and “Server Name.”

To add your demo account funds, follow just two steps:

Step1: Within the Doo Prime User Center's Demo Account screen, simply click the gear icon located in the upper right corner.

Step 2: Input the desired deposit amount into the “Deposit” field, then confirm by clicking “Yes.”

Then, the added amount will be displayed in the demo account.

Leverage

Leverage, in the context of trading, refers to the ability to control a larger position in the market with a smaller amount of capital. Doo Prime offers leverage of up to 1:1000. This means that for every dollar of trading capital, traders can control a position up to 1000 times larger.

Leverage is a double-edged sword, whch means it has the potential to magnify both profits and losses. When used wisely, leverage can amplify trading gains and allow traders to capitalize on market opportunities with a smaller investment.

Spreads & Commissions

Doo Prime offers spreads starting from 1 pip with a commission of USD 10 per trade. Spreads represent the difference between the bid and ask price of a financial instrument, indicating the cost that traders incur when entering a trade. With spreads starting from 1 pip, Doo Prime provides a competitive pricing structure that may appeal to traders seeking cost-effective trading opportunities.

In addition to spreads, Doo Prime applies a commission of USD 10 per trade. The commission is a fixed fee charged on each trade executed by the trader. This transparent commission structure ensures clarity regarding the cost of trading, allowing traders to accurately assess the expenses associated with their transactions.

Trading Platforms

As for the trading platform, Doo Prime provides its clients with many options. There are public platforms such as tradingview, MT5 and MT4 that have served many clients worldwide, also Doo Prime's own platform Doo Prime InTrade. If you didn't want to spend time familiarizing yourself with a new platform, you could choose public platforms. But Doo Prime's own platform provides better compatibility with businesses, as they are specially developed and customized platforms. The choice is yours.

MetaTrader 5 (MT5): Doo Prime also supports the advanced MetaTrader 5 platform, which builds upon the features of MT4 and offers expanded functionalities. MT5 includes additional asset classes, improved charting tools, and enhanced order execution capabilities. Traders can access a more extensive range of analytical tools, utilize depth-of-market (DOM) functionality for more precise order placement, and benefit from advanced built-in indicators and graphical objects for comprehensive market analysis.

Doo Prime Intrade: Doo Prime introduces its proprietary trading platform, Doo Prime Intrade, designed specifically for its clients. This platform combines advanced charting features, intuitive navigation, and swift order execution. Traders can enjoy a seamless trading experience with access to real-time market data, customizable charting tools, and the ability to execute trades swiftly and efficiently.

TradingView: Doo Prime integrates with TradingView, a popular and powerful charting and social trading platform. TradingView offers an extensive range of technical analysis tools, customizable charting features, and the ability to follow and interact with other traders in the TradingView community.

Social Trading

Social trading, a feature provided by Doo Prime, revolutionizes the way traders engage in the financial markets by combining the power of technology and social interaction. In social trading, traders have the opportunity to observe and replicate the trading activities of experienced and successful traders.

Deposit & Withdrawal

Doo Prime offers multiple payment methods. The available payment channels, their supported payment currencies, deposit limits, and processing times are as follows:

• Local bank transfers, allowing traders to deposit funds from their local bank accounts directly into their Doo Prime trading account. For traders using pay4broker CNY, deposits ranging from 1000 to 6800 CNY can be made within a 30-minute processing time. Another option is OTCP4B CNY, which allows for larger deposits. Traders can deposit between 15000 and 200000 CNY with a processing time of approximately 30 minutes. Additionally, OTCP4B CNY offers a range of deposit amounts from 450 to 6800 CNY, with a processing time of 5 to 30 minutes.
• epay: Supports USD, HKD, GBP, EUR, AUD, THB, and AED as payment currencies. Deposits can be made within the range of $100 to $99,999, and the processing time is instant.
• Skrill: Accepts multiple payment currencies, including USD, HKD, GBP, EUR, CHF, AUD, CAD, AED, PLN, NZD, ZAR, SEK, DKK, TWD, KRW, SGD, NOK, and INR. Deposits can be made between $100 and $6,000, with instant processing.
• Fasapay: Supports USD and IDR as payment currencies. Deposits can be made within the range of $100 to $25,000, and the processing time is instant.
• HWGC: Accepts TWD as the payment currency. Deposits can be made within the range of $100 to $710,000, and the processing time is approximately 45 minutes.
• VISA, MASTERARD, APPLE PAY, GOOGLE PAY: Multiple payment currencies are supported, such as AED, AUD, BND, CAD, ZAR, VND, USD, TWD, THB, SEK, PLN, NZD, NOK, LAK, MMK, KHR, INR, HKD, GBP, EUR, DKK, CHF, and KRW. Deposits can be made between $100 and $6,500, with instant processing.
• VISA, MASTERARD, APPLE PAY, GOOGLE PAY, AMERICAN EXPRESS: Accepts KRW and THB as payment currencies. Deposits can be made within the range of $100 to $400, and the processing time is instant.
• Wire Transfer: Supports EUR, GBP, and USD as payment currencies. Deposits can be made within the range of $7,000 to $500,000, with a processing time of 2 to 5 working days.

Withdrawal

Doo Prime recommends a minimum withdrawal amount of USD 50, and it offers various withdrawal methods to accommodate the needs of its clients. For international wire transfers, withdrawals can be made in multiple currencies, including EUR, GBP, HKD, and USD. The processing time for international wire transfers is relatively quick, with funds typically being processed within one working day for withdrawal amounts up to USD 50,000. For withdrawal amounts ranging from USD 50,001 to 200,000, the processing time extends to two working days. Withdrawals of USD 200,001 to 1,000,000 require approximately five working days for processing, while withdrawals above USD 1,000,001 may take around six working days to complete.

For local bank transfers in CNY (Chinese Yuan) and VND (Vietnamese Dong), Doo Prime provides a good option for clients based in those respective regions. The processing time for local bank transfers may vary depending on the specific local banking systems. It is advisable to check with Doo Prime for the estimated processing time for local bank transfers in CNY and VND.

Educational Resources

Doo Prime offers access to renowned market analysis provider Trading Central, providing traders with research, technical analysis, and trading ideas across various financial markets.

Additionally, Doo Prime provides Virtual Private Server (VPS) services, which offer traders enhanced trading performance and uninterrupted connectivity.

User Exposure on WikiFX

On WikiFX website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Customer Support

Below are the details about the customer service.

Languages: English, Chinese, Japanese, Korean, Spanish, Thai, Vietnamese.

Service Hours: 24/7

Contact Form

Email: en.support@dooprime.com

Phone: +44 11 3733 5199

Social media: Facebook, Instagram, LinkedIn, twitter

Conclusion

To wrap up, Doo Prime is a well-established brokerage firm with certain pros and downsides. Positively, reputable authorities' oversight of Doo Prime inspires confidence in its financial standards and investor protection.

However, even though Doo Prime has competitive spreads, traders should compare them to other brokers to get the best pricing. Without a Cent account demo account, new traders may have fewer chances to practise and learn the platform.

FAQs

Is Doo Prime legit?

Yes, Doo Prime is regulated by FSA (Offshore), FINRA, LFSA, VFSC (Offshore), and ASIC.

What is the minimum deposit required to open an account with Doo Prime?

The minimum deposit required to open an account with Doo Prime is $100.

What is the maximum leverage available at Doo Prime?

The maximum leverage offered by this broker is up to 1:1000.

What are the available trading platforms at Doo Prime?

MetaTrader 4 (MT4), MetaTrader 5 (MT5), Doo Prime Intrade, and TradingView.

What assets can be traded on Doo Prime?

Forex currency pairs, contracts for difference (CFDs) on various financial instruments, indices, and cryptocurrencies.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors.