FOREXer-Overview of Minimum Deposit, Leverage, Spreads

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 and Cons

Is FOREXer Legit?

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

What Can I Trade on FOREXer?

Account Type/Leverage/Fees

FOREXer offers three account types: Trainee account, Standard account and PRO account. It also offers demo accounts.

Trading Platform

Deposit and Withdrawal

FOREXer supports deposits and withdrawals via STICPAY, Mastercard, VISA, American express, bank transfer, JCB, diners club international, and Unionpay.