Fxlider Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-24 16:57

Abstract：Fxlider is a financial broker established in 2013, based in the United Kingdom. It offers four types of market instruments on the world-leading trading platforms MT4 and MT5, and different account types. However, there is no accessible website for Fxlider, so searching for specific information is impossible. Most importantly, this brokerage lacks normal and legal regulation.

　　Note: Fxlider's official website: https://www.fxlider.com/ is currently inaccessible normally.

Fxlider Review Summary
Founded	2013
Registered Country/Region	United Kingdom
Regulation	Not regulated
Market Instruments	Stocks, indices, forex and commodities
Demo Account	❌
Leverage	1:1000
Spread	From 2 pips (Standard account)
Trading Platform	MT4 and MT5
Min Deposit	$100
Customer Support	Email: support@fortrade.com
	Phone: +44 203 966 4506
	Facebook: https://www.facebook.com/ready.fortrade
	Twitter: https://twitter.com/ready_for_trade

　　Fxlider is a financial broker established in 2013, based in the United Kingdom. It offers four types of market instruments on the world-leading trading platforms MT4 and MT5, and different account types. However, there is no accessible website for Fxlider, so searching for specific information is impossible. Most importantly, this brokerage lacks normal and legal regulation.

Pros and Cons

Pros	Cons
Multiple tradable assets	No Legal regulation
MT4 and MT5 support	Limited info on trading fees
Long history of operarion	Unavailable website
	Lack of transparency
	No demo accounts
	Limited customer support options

Is Fxlider Legit?

　　Fxlider has been labeled as a suspicious clone by the Financial Conduct Authority (FCA) in the United Kingdom (license number 504072) and is therefore unregulated. The company is suspected of imitating or cloning another authorized and regulated entity, potentially leading to fraudulent activities.

Regulatory Status	Suspicious Clone
Regulated by	Financial Conduct Authority
Licensed Institution	AVA Trade EU Limited
Licensed Type	European Authorized Representative (EEA)
Licensed Number	504072

What Can I Trade on Fxlider?

　　Fxlider provides access to forex, commodities, stocks, and indices. Specifics on the tradable instruments are as displayed below:

　　Commodities: Gold, Silver, Crude Oil, ...

　　Stocks: USA500, Apple (AAPL), Facebook (META), Microsoft (MSFT), ...

　　Indices: S&P 500, NASDAQ 100, FTSE 100, ...

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Cryptocurrencies	❌
Stocks	✔
Bonds	❌
Futures	❌

Account Type

　　Fxlider offers three account types: Standard, Pro, and VIP, with a minimum deposit of $100, $500 and $5,000, respectively. The specifics of the account types are as follows:

Account Type	Min Deposit	Max Leverage	Spread
Standard	$100	1:100	From 2 pips
Pro	$500	1:500	From 1 pip
VIP	$100	1:1000	From 0.1 pips

Leverage

　　Fxlider offers varying leverage for different account types, which allows you to choose an account type that aligns with your risk tolerance and trading strategies. However, you must keep it in mind that this broker lacks legal regulation and it is wise for you to avoid trading with it.

Trading Platform

　　Fxlider offers MT4 and MT5, providing you with robust tools and functionalities for trading activities. MT4 and MT5 are widely recognized and trusted in the industry, offering advanced charting tools, analytical tools, and expert advisors.

Deposit and withdrawl

　　Fxlider offers a variety of deposit and withdrawal methods, including credit/debit cards, bank transfers, e-wallets like Neteller, Skrill, and wire transfers. However, given its lack of regulation, you are advised to avoid depositing any assets with this broker.