Ikhtisar:FOREXer was registered by FOREXer Limited in 2004 in Malaysia. It offers multiple training assets, including FX pairs, Precious Metals, and Cryptocurrencies with leverage up to 1:2000 and spread from 2.5 pips on the Standard account through the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is $100.
FOREXer Review Summary | |
Founded | 2004 |
Registered Country/Region | Malaysia |
Regulation | LFSA, FSPR (Revoked) |
Market Instruments | FX pairs, Commodities, Cryptocurrencies |
Demo Account | ✅ |
Leverage | Up to 1:1000 |
Spread | From 2.5 pips (Standard account) |
Trading Platform | MT5 |
Min Deposit | $100 |
Customer Support | Live chat, contact form |
Tel: +971 4 236 6160, +60 8750 4053 | |
WhatsApp: +97142366160 | |
Email: support@forex-er.com, info@forexer.com, support@forexer.com.my | |
Social media: X, Instagram, Telegram, Linkedin | |
Address: Office 5, Kim Business Centre 3, Unit F30, 1st floor, Paragon Labuan, Jalan Tun Mustapha 87000, Wilayah Persekutuan Labuan, Malaysia | |
1st floor, DIBC, Hor Al Anz East, Dubai, UAE |
FOREXer was registered by FOREXer Limited in 2004 in Malaysia. It offers multiple training assets, including FX pairs, Precious Metals, and Cryptocurrencies with leverage up to 1:2000 and spread from 2.5 pips on the Standard account through the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is $100.
Pros | Cons |
Regulated by Labuan FSA | Revoked FSPR license |
Various trading assets | Limited tradable asset classes |
Multiple account types | Wide spreads for the Standard account |
Demo accounts offered | |
No commissions | |
Popular trading platform MT5 | |
Popular payment options | |
Live chat support |
Yes. FOREXer is regulated by Labuan Financial Services Authority (Labuan FSA).
Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | Licensed Number |
Labuan Financial Services Authority (Labuan FSA) | Regulated | Forexer Limited | Straight Through Processing (STP) | LL17111 | |
The Financial Service Providers Register (FSPR) | Revoked | FOREXER LIMITED | Financial Service Corporate | 298426 |
Tradable Instruments | Supported |
FX pairs | ✔ |
Commodities | ✔ |
Cryptocurrencies | ✔ |
Indices | ❌ |
Stocks | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
FOREXer offers three account types: Trainee account, Standard account and PRO account. It also offers demo accounts.
Account Type | TRAINEE | STANDARD | PRO |
Min Deposit | $100 | $2,000 | $10,000 |
Max Leverage | 1:1000 | 1:500 | 1:500 |
Spread | From 1.2 pips | From 2.5 pips | From 0.9 pips |
Commission | ❌ | ❌ | ❌ |
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | iOS, Android, Windows and Web | Experienced traders |
MT4 | ❌ | / | Beginners |
FOREXer supports deposits and withdrawals via STICPAY, Mastercard, VISA, American express, bank transfer, JCB, diners club international, and Unionpay.
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