FX Lider Review

MIN. DEPOSIT €/$100
Up to 200:1
Up to €50 BONUS
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FX Lider
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Overview

Company Information   Lider Forex, which got re-branded to FXLider some time ago, is a Serbian finance broker, based in Belgrade. The company was founded in 2006 by a group… more

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Details

BrokerFX Lider
Website URLhttps://www.fxlider.com/en/
HeadquartersBelgrade, Serbia
Support Number+38111-7158-258
Support Emailpodrska@fxlider.com
Support TypesPhone, Live Chat, E-mail
LanguagesEnglish, Bosnian, Serbian, Albanian, Macedonian, Montenegrin
Minimum 1st Deposit€/$100
Minimum Trade Amount0.01 lots
BonusUp to €50
PayoutUp to 200:1
Free Demo AccountYes
Regulated Yes
RegulationFinancial Conduct Authority (FCA)
Account TypesReal, Demo
Deposit MethodsVisa, MasterCard, Bank transfer, WebMoney, Skrill, Neteller
Withdrawal MethodsVisa, MasterCard, Bank transfer, WebMoney, Skrill, Neteller
Types of AssetsForex, Indices, Commodities, CFDs, Gold, Oil
Account CurrencyEUR, USD
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Company Information

 

Lider Forex, which got re-branded to FXLider some time ago, is a Serbian finance broker, based in Belgrade. The company was founded in 2006 by a group of financial experts. They saw that the Internet is one of the best channels for new clients, so they created the FXLider website. Nowadays, the broker reaches people from all around the world. It’s imperative to understand that good forex brokers are hard to come by, and FXLider has won the trust of many traders. The company is regulated offshore by Fortrade. The organization protects consumers and financial markets and promotes competition.

It’s easy to see why many people prefer FXLider as their primary broker. The website is clearly designed with speed and usability in mind. The green and blue colors on a white background give a sense of professionalism and trust. The menus are great – easy to navigate, simplified icons and mobile responsive design.

On the homepage you can find information about the support center, license, and an explanation on what is Forex. There is also a live feed of the most popular instruments – EURUSD, GBPUSD, GOLD, Crude Oil and company shares. The FXLider educational center is full of information about Forex trading. You can also see upcoming seminars and webinars.

 

Trading Information

 

FXLider is a market maker with a dealing desk. Many brokers limit themselves with just currencies and metals or commodities. However, FXLider covers every base – the broker trades with currencies, metals, commodities, CFDs and indices. The leverage you will get with this broker is quite balanced – 1:200. Of course, some of you might want to make riskier investments, but this number will be enough for most traders. The minimum account size is set to $100 with a fixed type of spread. FXLider also openly allows scalping. A lot of traders depend on this technique for their gains. However, hedging is not allowed. The broker doesn’t allow Islamic accounts either. The spreads of the most popular currencies vary between 3 and four pips.

FXLider offers two account types. The Demo account lets customers trade with 100 000 EUR of virtual money. Aside from that, traders will be able to enjoy a set of free accelerated Forex courses, 12 hours per day support, real instruments value and of course, the trading platforms of FXLider. The Real account offers everything a traditional Forex broker should – fixed spreads, trading platforms, support, daily market analysis, personal account manager and more. The best part is the bonus which can go up to 2500 EUR!

 

Trading Platforms

 

FXLider offers support for several of the most popular trading platforms, including their own – FXLider Copy Trade.

Meta Trader 4 is the most popular and widely-used platform in the Forex world. It’s been receiving updates for years now and contains all the functions you need for making a nifty profit. You can’t go wrong with trusting the classics. Meta Trader 4 also comes in mobile and web versions – you can either download the platform on your desktop, on your mobile phone/tablet or simply use it in your browser on demand.

The next platform is the Sirix, Web Trader. It’s not as popular as the other choices, but it offers great functionality and ease of use. Sirix requires no software installation. You can make one-click transactions, stop loss/take profit orders and automatic buy/sell orders.

FXLider Copy Trade is the signature FXLider trading platform. It’s an amazing way to intertwine your social media and trader profiles into one software program. Share prognoses, discuss trades and after all – earn money.

 

Security and Customer Service

 

FXLider uses the latest 256-bit SSL encryption certificates, provided by RapidSSL. In this day and age, it’s imperative for a website which deals with finances to be well-protected from cyber-attacks. Other than the certificate, FXLider isn’t a member of any fair-trade bodies and controlling organs.

FXLider’s customer service is excellent. You can contact them by phone, e-mail, live chat or the “call you back” function on the website. The help desk representatives are always professional and ready to help with your issues. FXLider’s customer support services for 12 hours every day.

 

Deposits and Withdraws

 

Depositing and withdrawing from your FXLider account is an easy and quick process. The broker is accepting the major credit card providers, bank transfers and e-wallets like Neteller and Moneybookers. FXLider confirmed that the fastest way to utilize funds is the bank transfer. Withdrawing happens by filling a form. You download the form for raising funds from the FXLider website, fill it out and send it by fax. You will be guided by a counselor from their support team. The whole procedure is completed in an average of 5 working days.

You can deposit funds in two currencies – EUR and USD.

 

Deposit Bonus and Loyalty Programs

 

FXLider is one of the Forex brokers who offer great bonuses to their traders. The welcome bonus becomes bigger the more your deposit. From 100 to 500 EUR you gain a 30% welcome bonus. For sums over 500, but below 2500 EUR the offer is 40%. If your first deposit totals between 2501 and 10000 EUR you will get a 50% promotion. However, for deposits over 10000 EUR, you have to contact the broker by phone. I’m sure the promotion will be well worth your time!

Another ongoing promotion is a continuous deposit bonus. It’s a fixed sum per deposit and starts from 25 EUR for a 150 EUR deposit, moves through 150 EUR for a 1500 deposit and ends with a bonus of 750 EUR for a 10000 EUR deposit. Check out the website to see the actual terms and conditions!

FXLider offers another opportunity for traders to test out the global financial market. You can apply for a 50 EUR free bonus to test the waters without any risk.

The broker has a nicely developed refer-a-friend program which is available to every trader. Every time your friends open an account on FXLider and deposit funds, both of you will have the opportunity to win a free cash bonus.

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