Mitrade vs Superforex

Mitrade vs SuperForex Comparison Table 2023
Mitrade	SuperForex
Review Not Yet Rated	Review 3.6
Traders from US not accepted	Traders from US not accepted
Mitrade is a regulated Australian brokerage firm with a range of CFDs and forex pairs, providing leveraged trading to retail and professional clients.	SuperForex is an European-based forex and derivatives broker with currency pairs, commodities, cryptos, stocks and indices. The online broker also offers welcome bonuses and trading contests.
Pros
	Demo account Copy trading Low minimum deposit MetaTrader 4 integration Full range of investments Multiple payment methods Multiple account currencies Welcome bonus
Cons
	Weak regulation
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
Bonus
$50 welcome bonus	50% Welcome Deposit Bonus
Instruments
Stocks, CFD, Forex, Crypto	Stocks, CFD, Forex, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$0	$1
Payment Methods
Credit Card Debit Card Mastercard POLi Skrill Visa Wire Transfer	Bitcoin Payments Credit Card FasaPay Flutterwave Mastercard Neteller Perfect Money Skrill Sticpay Visa Wire Transfer
Minimum Trade
0.01 lots	0.01 lots
Regulator
ASIC	IFSC
Margin Trading
No	Yes
MetaTrader 4
No	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
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
	EAs via MT4
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.
Social Trading
No	Yes
Trade Signals
No
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
No	Yes
Account Currencies
USD AUD	USD EUR GBP CAD AUD INR JPY ZAR MYR IDR CHF HKD SGD RUB PLN AED BRL THB VND
Stock Exchanges
Australian Securities Exchange Deutsche Boerse Euronext Hong Kong Stock Exchange Japan Exchange Group New York Stock Exchange	Australian Securities Exchange Bombay Stock Exchange Deutsche Boerse Euronext Japan Exchange Group New York Stock Exchange SIX Swiss Exchange
Commodities
	Aluminium Gold Oil Palladium Platinum Silver Zinc
CFD Trading
Mitrade offers a wide range of CFDs, encompassing cryptocurrencies, foreign exchange, commodities, shares and equity indices.	Use leveraged contracts for difference to speculate on a long list of assets
Leverage
1:30 Retail, 1:250 Professional	1:3000
FTSE Spread
3	6.0 (standard account)
GBPUSD Spread<
1.5	2.5 (standard account)
Oil Spread
0.05	5.0 (standard account)
Stocks Spread
Variable	Variable
Forex Trading
A wide range of major, minor and exotic currency pairs are available with leverage through Mitrade's proprietary web-based trading platform.	Take positions on an extensive list of currency pairs via the MT4 platform
GBPUSD Spread
1.5	2.5 (standard account)
EURUSD Spread
1	2.0 (standard account)
EURGBP Spread
1.2	2.5 (standard account)
Assets
60	100+
Cryptocurrency
Mitrade offers CFD trading in four major cryptocurrencies against the US dollar.	Trade major cryptocurrencies against the USD using a choice of pricing models
Spread
Variable	Floating or fixes
Coins
BTC BCH ETH LTC	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

Review	Review
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