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Forex Limited

Suspicious Clone
New Zealand
,
Since 1983
Last Updated:
37/100
Overall Score

Trading Conditions

Min Deposit:
USD100
Max Leverage:
200
Account Types
Standard Account

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

6 methods

Credit/Debit Cards (Visa, MasterCard, JCB, etc.)

credit card
Instant
Fee:
Free
Fee:
Free

Bank Transfers (Wire Transfers, Local Bank Transfers)

bank transfer
3 days
Fee:
Free
Fee:
$10

E-wallets (Skrill, Neteller, PayPal, FasaPay, Perfect Money, Stic Pay, WebMoney)

e wallet
Instant
Fee:
Free
Fee:
Free

Cryptocurrency (Bitcoin, Ethereum, etc.)

crypto
1 hours
Fee:
Free
Fee:
Free

Mobile Money (M-Pesa, MTN Mobile Money, etc.)

other
Instant
Fee:
Free
Fee:
Free

Other Local Payment Methods (Apple Pay, Google Pay, Samsung Pay, Astro Pay, etc.)

other
3 hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 11%, 2: License 62%, 3: Software 0%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
11%Poor
License
62%Fair
Software
0%Poor
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:Forex Limited
Founded:1983
Headquarters:New Zealand
Enterprise Offices:N/A

Customer Support

Phone:
64 (4) 472 9236
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction and Overview

In the changing landscape of forex trading, choosing a reputable broker is critical, no matter your level of trading experience. To that end, Forex Limited has been on the scene in the foreign exchange and financial services space for over forty years. It was founded in 1983, allowing it to witness not only the birth of the forex market but, as importantly, the technological changes that have had a significant impact on trading as we know it today.

On the other hand, with a history that long, there is little information available in the public domain. The purpose of this piece is to provide a thorough overview of what we can piece together from the public domain regarding its origins, services, regulatory concerns, and other essential aspects that traders should consider when evaluating this broker.

Background and History

Forex Limited Company was first established in 1983, which aligned the firm with the expansion of financial services in a growing global currency market. Over the next forty years, the financial services company operated primarily in foreign exchange trading, navigating market and technological changes.

While it is difficult to pinpoint a more specific timeline of milestones and expansions, the history of Forex Limited suggests a degree of stability and experience within the foreign exchange brokerage landscape. However, due to limited public information about Forex Limited's history, prospective clients are urged to exercise proper due diligence before engaging with the broker.

Key Features and Offerings

We have little information on the actual services, trading platform, or offerings for Forex Limited. Generally, forex brokers offer access to currency pairs, CFDs, commodities, indices, and occasionally even cryptocurrencies. Additionally, brokers typically provide several account types, trading tools, and educational resources. Due to limited information available, any traders interested in Forex Limited should refer to its official website or contact its customer support team to obtain the most accurate and up-to-date information on its key features, including available instruments, trading platforms, and account types.

Regulation and Licensing

Regulation matters when selecting a forex broker, as it generally confirms compliance with industry standards and protects the trader's best interests. Unfortunately, specific terms regarding Forex Limited's regulatory licenses or compliance are not available in the research we conducted.

Traders should check their regulatory status on the official websites of any applicable financial authorities, such as the FCA (UK Financial Conduct Authority), CFTC (US Commodity Futures Trading Commission), or other relevant authorities, before opening an account.

Regulator

License Number

Status

Not publicly available

Not publicly available

Verification recommended

 

Trading Conditions and Platform Technology

The other consideration is our inability to explore the trading conditions of Forex Limited, which would include spreads, leverage, and minimum deposit requirements, along with knowing whether trading platforms such as MetaTrader 4 or 5 are accessible via desktop, proprietary, or mobile apps.

Prospective clients should seek direct clarification from Forex Limited to ensure its trading environment meets their individual needs.

Trading Condition

Details

Spreads

Not publicly available

Leverage

Not publicly available

Minimum Deposit

Not publicly available

Trading Platforms

Not publicly available

 

Fee Structure

Understanding a broker's fee structure is essential for traders to determine the entire cost of trading. The current research does not include specific information on Forex Limited's fees, including any deposit or withdrawal fees, commissions, or any other applicable fees. Traders should contact Forex Limited directly or refer to their official resources for transparent, detailed information on their fees before committing funds.

Fee Type

Details

Deposit Fees

Not publicly available

Withdrawal Fees

Not publicly available

Commission

Not publicly available

 

User Experience and Market Reputation

Customer reviews and market reputation are essential indicators of a broker's trustworthiness and service management. Currently, there is no publicly available user feedback or ratings for Forex Limited, making it challenging to assess client satisfaction or identify significant issues.

Traders may want to check independent broker review websites and forums to get a sense of other users' experiences, and contact Forex Limited's customer support to gauge their responsiveness and professionalism.

 

Recent Developments

There is no available information regarding recent developments, new services, or changes in strategy for the years 2024 and 2025 at Forex Limited. Staying aware of the brokerage's latest developments is essential for traders to see how the business has adapted to the market trends and regulatory changes. For the latest information, it is advisable to monitor Forex Limited's official communications channels or subscribe to industry news sources.

 

Conclusion

Forex Limited is a long-standing provider of foreign exchange and financial services. Forex Limited was organically incorporated in 1983. However, the lack of public information on its services, regulatory status, trading conditions, and fee structure requires potential clients to conduct thorough research.

Traders interested in Forex Limited should first verify the company's regulatory compliance, all trading conditions, and check for user feedback before trading with the broker. Engaging with Forex Limited directly and consulting the official regulatory database are essential to ensure a safe trading experience.

Regulatory Licenses

Compliance & oversight

1 license
New Zealand
FMATier 2
New Zealand#4041
License Details
Type:Straight Through Processing(STP)
License #:4041
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

No Account Types

Account type information is not available for this broker yet.

Funding Methods

Deposit & withdrawal options

6 methods
Credit/Debit Cards (Visa, MasterCard, JCB, etc.)
Credit CardInstant
Deposit
Fee:Free
Min:USD 5
Max:N/A
Withdrawal
Fee:Free
Min:USD 5
Max:N/A
Some brokers restrict profit withdrawal to bank transfer only.
Bank Transfers (Wire Transfers, Local Bank Transfers)
Bank Transfer3 min
Deposit
Fee:Free
Min:USD 100
Max:N/A
Withdrawal
Fee:USD 10
Min:USD 100
Max:N/A
Withdrawal fees common; processing 2-5 days; some brokers allow limited free withdrawals per month.
E-wallets (Skrill, Neteller, PayPal, FasaPay, Perfect Money, Stic Pay, WebMoney)
E-WalletInstant
Deposit
Fee:Free
Min:USD 5
Max:N/A
Withdrawal
Fee:Free
Min:USD 5
Max:N/A
Instant withdrawals common; fees usually zero.
Cryptocurrency (Bitcoin, Ethereum, etc.)
Cryptocurrency1 min
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Fast processing; availability broker-dependent.
6
Free Deposit
6
Instant
1
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Forex Limited: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark Forex Limited at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Forex Limited

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
http://www.forexltd.co.nz/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Comments

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