GoFX vs SuperForex

GoFX or SuperForex – which is better for UK traders 2024? Compare GoFX and SuperForex in this detailed breakdown of their platforms, features and fees.

GoFX vs SuperForex Comparison Table 2024

GoFX	SuperForex
3.4	2.6
GoFX is ranked #54 among CFD brokers.	SuperForex is ranked #85 among CFD brokers.
Review	Review
GoFX is an unregulated CFD and forex broker that covers instruments from currency, stock, index, commodity and crypto markets. Traders can sign up to a variety of account types with deposits as low as $1 and will trade using the popular MetaTrader 4 platform. Exceptionally high leverage up to 1:3000 is offered on the standard account, while traders with the low-spread account can access leverage up to 1:1000.	Established in 2013, SuperForex is an offshore CFD and forex broker offering highly leveraged trades on 400+ instruments via the popular MetaTrader 4 platform. The broker has gained clients in over 150 countries and is regulated by the Belize IFSC. With a range of STP/ECN account types, including swap-free, micro and zero spread, this broker continues to suit traders with different styles and setups. SuperForex also offers a range of welcome bonuses and trading contests.
Pros
Multi-asset trading 24/7 customer service Demo account with easy sign-up Very high leverage up to 1:3000 Micro lot trading for those on a budget Bonus incentives and loyalty program MetaTrader 4 platform and mobile app Low minimum deposit of just $1	SuperForex is accessible for beginners, with minimum deposits from $1, a choice of fixed or variable spreads, and access to copy trading You can get free access to the Pattern Graphix expert advisor software for MT4, a price pattern analysis tool which can help you save time Various accessible payment methods are supported, including crypto, with zero fees and fast processing times SuperForex offers an auto-reset balance program, which prevents trading accounts from dropping below zero There’s a good range of STP and ECN account types to choose from, as well as crypto and cent accounts The broker offers an impressive range of 12+ account base currencies covering multiple global regions Traders can receive 5% annual interest on their account equity - a great way to earn passive income There’s a decent range of educational resources including video tutorials, guides and seminars
Cons
No additional tools or trading features No proprietary trading platform or mobile app Weak regulatory oversight No copy trading	The Belize IFSC is not considered a top-tier regulatory provider, so clients may receive fewer financial safeguards The 0.5-pip minimum spreads in the standard ECN accounts are not as tight as some of the cheapest ECN brokers, such as Pepperstone
Awards
Fastest Growing Broker 2021 - Forex Awards	Best Cryptocurrency broker LATAM 2022 – Global Business Magazine The Best Withdrawal Options Africa 2022 – World Financial Award Best ECN Broker in Africa 2021 – Global Business Magazine Best ECN Broker in Africa 2021 – International Business Magazine Best New ECN Broker in Africa 2020 - Global Brands Magazine
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
Forex, Cryptos, CFDs on Stocks, Indices & Commodities	CFDs, Forex, Stocks, Cryptos, Commodities
Bonus
	50% Welcome Deposit Bonus
Demo Account
Yes	Yes
Minimum Deposit
$1	$1
Payment Methods
Credit Cards Debit Card Wire Transfer	Credit Cards FasaPay Mastercard Neteller Perfect Money Skrill STICPAY Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FSA	IFSC
Mobile Apps
iOS & Android	iOS & Android
iOS App Rating
Android App Rating
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	The Forex Copy system provides access to a huge network of experienced traders with strategies that can be mirrored in a few clicks. You only need $10 to get started with the copy trading solution.
Social Trading
No	Yes
Trade Signals
Yes (via MT4)
VPS Hosting
No	No
Tournaments
No	Yes
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	Yes
Account Currencies
USD	USD EUR GBP CAD AUD INR JPY ZAR MYR IDR CHF HKD SGD RUB PLN AED BRL THB VND
Commodities
Gold Silver Oil	Gold Oil Silver Platinum Aluminium Palladium Zinc
CFD
Trade CFDs on forex, indices, stocks, commodities and cryptocurrencies with leverage up to 1:3000. Swap-free trading is available, and all account types trade with competitive spreads and are commission-free except the Go Pro account, which charges a $7 round-turn commission.	SuperForex offers CFDs on a good range of assets, though it only really shines when it comes to forex, thanks to its very diverse list. On the other hand, the significant leverage available on most assets increases profit potential, though traders will need to watch out for spreads, which compare poorly to some competitors.
Leverage
1:3000	1:2000
FTSE Spread
0.01	6.0 (standard account)
GBPUSD Spread<
0.00001	2.5 (standard account)
Oil Spread
0.01	5.0 (standard account)
Stocks Spread
Variable	Variable
Forex
Trade a small selection of 25 major and minor pairs. Spreads from zero on the pro account, micro-lot trading, and very high leverage make up for the limited range of currencies. The MetaTrader software is also a well-regarded platform for forex trading.	With 100+ currency pairs including all majors plus many minors and exotics tradeable on the MT4 platform with 1:2000 leverage, SuperForex lives up to its name as a great choice for forex traders. The ForexCopy system is also useful for newer traders.
Assets
28	100+
GBPUSD Spread
0.00001	2.5 (standard account)
EURUSD Spread
0.00001	2.0 (standard account)
EURGBP Spread
0.00001	2.5 (standard account)
Cryptocurrency
Trade tight-spread CFDs on BTC, LTC, ETH, DOGE, ADA and XRP paired with USD. This may be too small a range to satisfy many crypto traders, but it is a comparable offering to similar brokers.	SuperForex offers cryptocurrency CFDs on 11 popular tokens including Bitcoin, Dash, Solana and Polkadot. 1:10 leverage is available for crypto assets and although this is a fairly limited selection of digital assets, it covers the most important tokens.
Spread
0.0001	Floating or fixed
Coins
BTC ADA ETH LTC DOG XRP	BTC ETH LTC ZEC DASH BCH XMR NEO EOS
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
GoFX	SuperForex
Review	Review
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