Swap-free account
Superforex tries to respect the cultural features of Islamic countries, in particular, the Sharia law, which prohibits Muslims to receive interest. In this regard, we have a special account for Muslims - our Swap-free account. 
When making transactions using this trading account for any currency pair if the position extends past midnight the trader does not receive or lose any amount, regardless of the volume of the position. 
You can check the specific amounts of the swap by browsing the list of trading instruments. To compensate for the lack of swaps, Islamic accounts work on a fixed commission, which is perfect for traders who tend to make long-term deals.  

SuperForex - Economic Calendar

Our Economic Calendar includes the most recent and significant economic events, figures, and facts that can influence the currency and financial market in general.Watching events in the news line will allow you to see the nuances of the development of different economic situations, and will also give you an opportunity to catch the market reactions to each development.
We hope that our economic calendar will serve as a loyal assistant to each trader making decisions on the Forex market.   

Easy Deposit Bonus
 SuperForex offer a bonus to all traders that allows them to begin trading with a higher amount of funds. Now you can get 1000% of the amount of your deposit! This means that if you make a deposit of just $10, you will get a full $100 as a bonus, allowing you to trade much more at a very low cost. Once the bonus is credited, your deposit will be counted together with it as bonus funds.To claim the Easy Deposit Bonus, follow the steps below:
1. Register a live trading account.
2. Verify your account.
3. Apply for the Easy Deposit Bonus
4. Make a deposit.
5. Enjoy the Easy Deposit Bonus!  

How Healthcare Failed the Dollar

Amid the ruins of the Republicans' attempts to repeal and replace Obamacare, the USD is the true victim. While we have been focusing on other regions in our most recent articles, one detail often popped up in our analysis: the fact that the American dollar has weakened. Why did that happen? That’s what we’ll try to find out today. Now, if you take a look back to 2015 and 2016, you’d see the dollar overtaking most major currencies, making consistent gains as the US economy was doing splendidly. The USD experienced volatility around the 2016 Presidential elections, but after Trump’s win investors decided to back him up in hopes that his protectionist policies and focus on infrastructure would boost the economy. As a result, the dollar ended 2016 at record highs and at the turn of 2017 people were already talking of possible parity with the euro, with various temporal prognoses, most commonly by the year’s end. However, we are now seven months into 2017 and six months into Trump’s presidency, and things are not looking good. Trump has failed repeatedly to find support for his policy-making, and save for his promise to revive the coal industry, he hasn’t achieved much from what was on his campaign’s agenda. Investors have been continuously changing their expectations of his presidency with every passing day, and have little to no confidence in him right now, since polls are showing massive losses in Trump’s popularity among American citizens. This led to a lack of confidence in the American dollar too; the USD has suffered losses, while safe-haven trading instruments such as gold have regained some of their popularity in recent times. The most recent political fiasco of Trump’s administration is undoubtedly the failed healthcare reform. Republicans have been attempting to get rid of the Affordable Care Act (commonly known as Obamacare) even before it was enacted years ago. Now that they finally have the upper hand in the Senate, it is astonishing just how poorly this was handled. Republicans kept details about their reform secret; the President expressed support for the bill without having seen it, and later switched his position, calling it “mean.” After a series of failed votes (including from Republican senators), the massively unpopular bill failed. It was then replaced with a plan to simply repeal Obamacare and return things to the way they were. In light of this, however, an estimate of 15 million people would have been left without insurance next year, and even more in the future. Last night even the vote to repeal Obamacare failed.  

CL/WTI: Short Review & Middle Term Forecast After the depressed period we have an upward trend again and preconditions for further growth, given the long-term perspectives for increasing demand. Between May and the end of June the market was depressed. Oil fell in price from $51 to $42. It seemed that the falling of oil prices is unstoppable. The oversupply of crude oil, the increase of oil extraction volumes even amid OPEC countries and the growth of oil reserves in the United States created a desperate situation, whereby market participants were unable to control the market and achieve a balance between demand and supply. However, in July oil began to recover due to the reduction of oil stocks in the United States and the reduction of drilling activity. In addition, the oil recovered in price amid the long-term forecasts which show perspectives for growth in the demand for oil, although some analysts disagree with that. Nevertheless, given the recent data such as the index of business activity in China from Caixin, which marks the increasing of business activity, there are good preconditions for an increasing demand for raw materials in China. The decreasing in oil reserves in the United States will ease the pressure on the oil market for the next few months. CL/WTI, H4In the near future the market will focus on the upcoming OPEC meeting, which will take place on August 7-8. The volatility over the past few months has remained very high, but it's decreasing. We can expect for sure a continuation of the rates in the frames of the current uptrend. After the price correction, prices may recover to the level of 50-51 dollars. The Stochastic oscillator also indicates a good time to open the deals to BUY on the trend.

 

British Struggles The fallout from Brexit is a deteriorating economic climate in the UK, and the British pound shows it. Despite the unexpected strength of economic growth in Europe, the struggles of the United Kingdom continue. After the devastating losses incurred immediately before and after the Brexit referendum vote last summer and the disastrous elections results earlier this year, Britain and its currency still find themselves in a tight spot. Yesterday we heard from the Bank of England, who this time announced that they are taking a more pessimistic prognosis of the UK’s economy and downgraded their forecasts for economic growth for 2017 and 2018 for the second time this summer. As a result, the British pound sterling suffered losses versus the American dollar of almost 1%. The Bank of England’s stance is likely rooted in the disappointing wages. Since the pound slumped, goods imported to the United Kingdom naturally cost more for Brits, essentially driving their purchasing power lower. The BoE expects this problem to worsen in the future and is somewhat apprehensive regarding wage growth. Bank of England governor Mark Carney expressed a concern for businesses who find it additionally difficult to invest amid the political struggle inside of the United Kingdom and the problematic negotiations with the European Union regarding Brexit. The United Kingdom is currently lagging behind its European counterparts, and Carney expects an even slower economic growth. Needless to say, the bank chose not to increase interest rates yet, in hopes of stimulating the economy. Despite the political discord within the United Kingdom due to Theresa May’s party failing to achieve a definitive majority in the preliminary parliamentary elections she called and the lack of strong British leadership that resulted from that, the UK has proceeded with the EU negotiations. However, even though negotiators have met several times now, not much has been decided, especially since the EU is putting pressure on the UK to meet its critical demands regarding immigration and payment. Overall, the situation seems really unclear right now. British politicians are not helping much, as they provide contradictory statements from time to time, indicating the British government is not on the same page. The British pound has already dropped 13% since the Brexit vote, and due to the lack of proper leadership and the absence of clarity regarding the negotiations with the European Union we expect the GBP to continue its decrease versus major currencies.