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Fxlider

United Kingdom|5-10 years|
High potential risk|

https://www.fxlider.com/en

Website

Rating Index

Contact

+44 203 966 4506
support@fortrade.com
https://www.fxlider.com/en
https://www.facebook.com/ready.fortrade

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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1G

40G

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Contact number

English

+44 203 966 4506

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Broker Information

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Company Name

Fortrade Ltd

Abbreviation

Fxlider

Platform registered country and region

United Kingdom

Company website
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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 504072) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Fxlider · WikiFX Survey

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Fxlider · Company Summary

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

Fxlider Review Summary
Founded2013
Registered Country/RegionUnited Kingdom
RegulationNot regulated
Market InstrumentsStocks, indices, forex and commodities
Demo Account
Leverage1:1000
SpreadFrom 2 pips (Standard account)
Trading PlatformMT4 and MT5
Min Deposit$100
Customer SupportEmail: 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

ProsCons
Multiple tradable assetsNo Legal regulation
MT4 and MT5 supportLimited info on trading fees
Long history of operarionUnavailable 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 StatusSuspicious Clone
Regulated byFinancial Conduct Authority
Licensed InstitutionAVA Trade EU Limited
Licensed TypeEuropean Authorized Representative (EEA)
Licensed Number504072
Suspicious clone FCA license

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 InstrumentsSupported
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 TypeMin DepositMax LeverageSpread
Standard$1001:100From 2 pips
Pro$5001:500From 1 pip
VIP$1001:1000From 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.

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