Lider Forex Journal (Broker out of business)

Journal status: closed
Lider Forex out of business
Lider Forex Profile
Website
www.liderforex.com
Year
2011
Country
UK
Branches
1
Regulation
FCA UK
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
Not serving
х US
Broker type
MM
Dealing book
A+B hybrid book
Tier
3
Execution speed
...
LPs total
1
LPs quality
Other
LPs names
Fortrade

Lider Forex Accounts
MM
Minimum Deposit
100 $
Leverage
30 : 1
Minimum Lot
0.01 lots
EURUSD spread
2 pips
Commission
0 $/lotRT
Volume
...
Margin Call
50 %
Stop Out
20 %
Execution
Market
Spread
floating
Scalping
yes
Update broker

Is Lider Forex safe?

  • Investor protection: no
  • Regulation: FCA UK
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is Lider Forex trusted?

  • Information transparency: limited ★★
  • Customer service: ...
  • Lider Forex website: poor, outdated
  • Lider Forex popularity (by visitor count): low visits ★★

How Lider Forex works

Lider Forex has a cooperation arrangement for the promotion of Fortrade trading services and platforms.

https://www.liderforex.com/en/about_us/

Aggregation

Depending upon circumstances, market conditions and order size, we may combine orders of several customers for execution as a single order. This is not considered to compromise the customers’ interests, although some disadvantage in relation to a particular order, may occur.

Execution Costs

Fortrade’s prices on FX/Currency products are obtained from independent price providers who supply liquidity to the OTC FX Market. Fortrade will add a mark-up to the prices from our liquidity providers and publish the “marked-up” prices that include Fortrade’ income.

https://www.liderforex.com/en/about_us/order-execution-policy/

Fortrade is acting as a counterparty in these transactions and, therefore, acts as the buyer when you sell and the seller when you buy.

Fortrade and not any other affiliated or third party entity shall be the dealer counterparty to your CFD trades.

Fortrade may benefit from commission, mark-up, mark-down or any other remuneration where it acts as the counterparty to a Trade.

https://www.fortrade.com/wp-content/uploads/legal/IIROC/Client_Agreement.pdf



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