68.77% of retail investor accounts lose money when trading CFDs with AFX Markets Ltd

  1. Home
  2. Compare Forex Brokers
  3. Super Trading Online review

Super Trading Online Review

  • 2

Super Trading Online is a forex trading services broker. They give traders access to major markets like currencies, indices, commodities and shares.

Pros

  • Segregates client funds
  • Established in 2010
  • Regulated by Financial Conduct Authority, CySEC
  • Min. deposit from $20

Cons

To open a live account, you’ll need a minimum deposit of at least $20. Alternatively, Super Trading Online offers a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by the Financial Conduct Authority, UK (FRN: 560872), and CySEC (Licence: 119/10). Super Trading Online puts all client funds in a segregated bank account and uses tier-1 banks for this. Super Trading Online has been established since 2010, and have a head office in .

Before we dive into some of the more detailed aspects of Super Trading Online ’s spreads, fees, platforms and trading features, you may want to open Super Trading Online ’s website in a new tab by clicking the button below in order to see the latest information directly from Super Trading Online.

Visit STO

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Super Trading Online screenshot Open a demo account

68.77% of retail investor accounts lose money when trading CFDs with AFX Markets Ltd

What are Super Trading Online's spreads & fees?

Like most brokers, Super Trading Online takes a fee from the spread, which is the difference between the buy and sell price of an instrument.

The spreads displayed below are based on the minimum spreads listed on Super Trading Online’s website. The colour bars show how competitive Super Trading Online' spreads are in comparison to other popular brokers featured on BrokerNotes.

Super Trading Online
EUR/USD (Average: 0.7 pips) Not offered 0.7 pips 0.1 pips
GBP/USD (Average: 1.1 pips) Not offered 1.7 pips 0.1 pips
USD/JPY (Average: 1.1 pips) Not offered 0.6 pips 0.1 pips
AUD/USD (Average: 0.8 pips) Not offered 0.6 pips 0.2 pips
USD/CHF (Average: 2.3 pips) Not offered 2.3 pips 0.2 pips
USD/CAD (Average: 2.9 pips) Not offered 0.5 pips 0.3 pips
NZD/USD (Average: 3.6 pips) Not offered 2.8 pips 0.3 pips
EUR/GBP (Average: 2.4 pips) Not offered 0.5 pips 0.1 pips

Spreads are dynamic and are for informational purposes only.

As you can see, Super Trading Online’s minimum spread for trading EUR/USD is pips - which is relatively low compared to average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with Super Trading Online vs. similar brokers.

See all Spreads

How much does Super Trading Online charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with Super Trading Online at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $25.6. Here’s a rough breakdown of the fees and how this compares against IG & Forex.com .

Super Trading Online IG Forex.com
Spread from: $ 18.00 $ 6.00 $ 10.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $ 18.00 $ 6.00 $ 10.00
$12 less $8 less
Visit STO Visit IG Visit Forex.com

All fees/prices are for informational purposes and are subject to change.

General Fees

  • Super Trading Online doesn’t charge inactivity fees*
  • Super Trading Online doesn’t charge withdrawal fees*

Commissions

  • Super Trading Online doesn’t charge commission on CFD shares

What can you trade with Super Trading Online?

Super Trading Online offers over 153 different instruments to trade, including over 37 currency pairs. We’ve summarised all of the different types of instruments offered by Super Trading Online below, along with the instruments offered by IG and Forex.com for comparison.

FX / Currencies STO IG Forex.com
# of forex pairs offered 37 90 80
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs Super Trading Online IG Forex.com
# of commodities offered 0 34 12
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Index & Stock CFDs Super Trading Online IG Forex.com
# of Stocks offered 92 8000 220
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See STO's InstrumentsSee IG's InstrumentsSee Forex.com's Instruments

What’s the Super Trading Online trading experience like?

1) Platforms and apps

Super Trading Online offers the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers. Super Trading Online also offer their custom AFX Fast platform.

Super Trading Online Screenshot

Super Trading Online also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See STO 's platforms

Trading Features:

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Accounts offered:

  • Demo account
  • Micro account
  • Standard account
  • ECN account
  • Islamic account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

Super Trading Online allows you to execute a minimum trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As Super Trading Online offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you’re paying to execute your trades.

As a market maker, Super Trading Online may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

Finally, we’ve listed some of the popular funding methods that Super Trading Online offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • Skrill
  • Payoneer
  • Neteller

3) Client support

Super Trading Online support a wide range of languages including English, Russian, Italian, Arabic, and Chinese.

Super Trading Online has a BrokerNotes A support rating because Super Trading Online offer over three languages and email support.live chat support.phone support.

4) What you’ll need to open an account with Super Trading Online

As Super Trading Online is regulated by Financial Conduct Authority, CySEC , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Super Trading Online’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Super Trading Online you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from http://www.stofs.com/ on 01/10/2019.