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Super Trading Online Review

  • Regulated by: Financial Conduct Authority, CySEC
  • Safety: segregates client funds
  • Trust Rating: B
Open STO's Website

Losses can exceed deposits

Overview

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

To open a live account, you’ll need a minimum deposit of at least $20. Alternatively, Super Trading Online offer 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 have 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.

Open a demo account Visit STO

Full disclosure: We may receive a commission if you sign up with a broker using one of our links. Your capital is at risk. CFDs are leveraged products & 73% of traders lose money when trading CFDs.

Super Trading Online screenshot

PROS

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

CONS

What are Super Trading Online's spreads & fees?

Like most brokers, Super Trading Online take 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 fixed spread is not available. If you believe this is incorrect please fill in our form

Spreads are dynamic and are for informational purposes only. Last updated: June 06, 2018.

As you can see, Super Trading Online 's minimum spread for trading EUR/USD is 1.80 pips - which is relatively high compared to average EUR/USD spread of 0.82 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
Losses can exceed deposits

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 $N/A. Here’s a rough breakdown of the fees and how this compares against XTB & City Index .

Super Trading Online XTB City Index
Spread from: N/A $ 2.00 $ 5.00
Typical overnight fee: N/A $ 7.94 $ 20.60
Commission: N/A 0 0
Total cost of a 100k trade: N/A $ 9.94 $ 25.6
Visit STO Visit XTB Visit City Index

All fees/prices are for informational purposes and are subject to change. Last updated: 09/03/2018. Losses can exceed deposits

General Fees

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

Overnight fees & swap rates

When you hold a position overnight, it is usually subject to overnight interest which you must pay to your brokerage (sometimes called a rollover fee or swap rate).

  • The rollover fee for long positions on EUR/USD is -$7.60
  • The rollover fee for short positions on EUR/USD is $3.60

Commissions

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

What can you trade with Super Trading Online?

Super Trading Online offers over 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 XTB and City Index for comparison.

FX / Currencies STO XTB City Index
# of forex pairs offered 37 50 84
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 XTB City Index
# of commodities offered 0 0 26
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Index & Stock CFDs Super Trading Online XTB City Index
# of Stocks offered 92 1500 4500
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See STO's InstrumentsSee XTB's InstrumentsSee City Index's Instruments
Losses can exceed deposits

What’s the Super Trading Online trading experience like?

1) Platforms and apps

Super Trading Online offer 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 See STO 's Platforms

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
Losses can exceed deposits

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 allow you to execute a minimum of 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 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 have 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 August 23, 2018.