On-line since:
Country of origin:
Regulation:
Payment options:
Minimum account size:
Minimum lot size:
Leverage:
Spreads:
FXLider is a Serbian broker that uses the www.fxlider.com domain and represents international brand Fortrade. At the moment, it is impossible to determine when the broker began working under this brand. However, in some old English reviews, the broker is presented as Western Balkan’s brand FXLider with the www.fxlider.com official website. Moreover, in the screenshots of the reviews, we can clearly see the FXLider logo.
The Fortrade brand is used by five brokers from various jurisdictions. Thus, the head company Fortrade Ltd. with the headquarters in London is regulated by the FCA. Belarusian Fort Securities LLC is regulated by the National Bank of the Republic of Belarus. The ASIC is responsible for Australia’s Fort Securities Australia Pty Ltd.The activity of Fortrade Canada Limited is controlled by the IIROC whereas Fortrade Cyprus Ltd. is supervised by the CySEC. None of the mentioned companies provides information about their department in Serbia.
The broker uses the www.fxlider.com domain and each page of its website contains the Serbian telephone number (+38111-7158-258) that is allegedly registered in Belgrade. However, to contact the support team, traders should use the telephone number of head company Fortrade (+44 203 966 4506) that is registered in London.
Moreover, the broker that uses the www.fxlider.com domain claims that its activity is regulated by the Financial Conduct Authority ( FCA) and has the license № 609970. However, this license number was assigned to British Fortrade Ltd.
In an attempt to settle the situation, the authors of this review sent a request to the British Fortrade Ltd. to clarify the relationship between the Fortrade brand and the Serbian broker using the www.fxlider.com. domain. However, they did not get a response within a month.
Therefore, the following review provides only information that is contained on the www.fxlider.com website. The authors of the review do not assume responsibility for its accuracy.
Trading conditions
Clients who choose the broker using the www.fxlider.com domain and operating under the Fortrade brand (hereinafter-FXLider/Fortrade) can open only one account type. To start trading, they should deposit at least $100.
Traders can benefit from dozens of currency pairs, stock indices, CFDs, bank metals, agricultural goods etc. The maximum leverage level is 1:200.
Deals can be performed via the MetaTrader 4 trading platform and ForTrader platform developed by the company’s specialists. Each platform has a mobile version.
Promotion and bonuses
FXLider/Fortrade offers its clients two types of bonuses. A balance bonus can be received after a deposit and a credit bonus is enabled and automatically disabled when the balance hits the targeted level.
Education
On the company’s website, there is an educational section for newbies where traders can find a glossary, a library of useful literature, lectures, a calculator, etc.
Any customer can open a demo account on the real broker platform.
Support Service
To contact support, FXLider/Fortrade provides the Serbian and the British telephone numbers. Besides, traders can fill in the feedback form on the website.
Support is available in English, Bosnian, Albanian, Macedonian, Serbian, and Montenegrin.
Deposit and withdrawal of funds
Traders can deposit and withdraw funds by means of wire transfer, credit cards, as well as using such payment systems as Neteller and Skrill.