Lider Forex review
About the company:
Lider Forex is a licensed credible broker. It is a partner of the well-known British company Fortrade Ltd. Lider Forex and a subsidiary of FXLider. Both companies have similar trading conditions. The brokers are regulated by the FCA. They have to comply with the requirements of the UK supervisory authority, including storing customer funds in segregated accounts.
Lider Forex focuses mainly on traders from Azerbaijan. The broker cooperates with traders of varying skill levels. Beginners are offered to start with a demo account which allows them to prepare for the real foreign exchange market conducting risk-free trading but using all the available functions. Opening a working account takes a few minutes. Lider Forex trading platforms are easy-to-use and extremely adaptive. Clients can choose from MT4, Sirix, or the ZuluTrade social trading network.
Each client has the opportunity to earn when prices both go up and down. The Lider Forex portfolio contains more than 150 instruments, including currency pairs, metals, stock indices, and CFDs on commodities.
Spreads and commissions
The broker's spreads are fixed, 3 points for the most popular currency pairs. These are EUR/USD, USD/JPY, and EUR/GBP. The company does not charge additional commissions. All brokerage fees are included in spreads. This is a widespread practice among other brokers such as FXTM and Grand Capital.
Bonuses and promotional offers
The bonus program proposed by Lider Forex is rather limited. However, the company still provides its clients with some benefits, including the welcome bonus and a bonus for every referred friend. In addition, the company offers special conditions for VIP traders.
Training and support service
Customer service is available 12 hours a day. Lider Forex specialists help traders from 120 countries around the world address the issues related to trading platforms, cash deposit/withdrawal, and other challenges in six different languages.
Customers can benefit from training programs and webinars. The broker drafts a technical analysis which allows them to make the most profitable trading decision. Besides, they can always use a real-time economic calendar and analysis of the main political and economic news from all over the world.
Lider Forex 0/10 (votes 2238)