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FOREXer

Regulated
United Arab Emirates
,
Since 2004
Last Updated:
31/100
Overall Score

Trading Conditions

Min Deposit:
USD100
Max Leverage:
1000
Account Types
StandardPro

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

Credit/Debit Cards

credit card
Instant
Fee:
Free
Fee:
Free

Bank Transfers

bank transfer
3 days
Fee:
Free
Fee:
Free

E-wallets

e wallet
Instant
Fee:
Free
Fee:
Free

Local Payment Methods

other
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 4%, 2: License 42%, 3: Software 50%, 4: Spread 0%, 5: Account Type 24%, 6: Symbol 0%
Regulation
4%Poor
License
42%Poor
Software
50%Fair
Spread
0%Poor
Account Type
24%Poor
Symbol
0%Poor

Company Information

Full Name:FOREXer Limited
Founded:2004
Headquarters:United Arab Emirates
Enterprise Offices:1offices

Customer Support

Phone:
+971 4 236 6160
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Choosing a broker can significantly impact the experience of every participant in the forex market, whether professional or beginner. FOREXer has been a name synonymous with reliability and innovation since its inception, offering services to traders worldwide. While the company recently entered the forex industry, it is well-regarded in the finance industry and in its hometown of Wilmington, Delaware.

We will touch on several aspects that define FOREXer, including its history, offerings, regulatory framework, trading conditions, and more. For seasoned traders or new entrants to the forex market, we hope to aid your decision-making process regarding what FOREXer has to offer.

Background & History

In 2003, the company, then known as Ntwo Capital Markets, began operations in Wilmington, Delaware. Since its inception, Ntwo has expanded its operations across several jurisdictions, including Dubai, UAE; Zurich, Switzerland; Auckland, New Zealand; Labuan, Malaysia; and Mauritius, to serve clients with varying needs better and expand its service offerings to new clients. While a founder is not discussed in the current literature or on FOREXer's public portal, the company's growth is a testament to its subject-matter expertise and commitment to providing innovative, ideal service. With an operational headquarters in Dubai, UAE, FOREXer continues to file operational requests worldwide on behalf of its clients.

Distinct Features and Services

FOREXer is known for its personalized customer service and trading education, equipping traders with the knowledge and tools needed for success. While specific trading platforms are not mentioned, the emphasis on educational tools implies significant input, with greater focus on the user experience through education.

A distinguishing feature of FOREXer is its gold-based currency account, which allows traders to diversify their portfolios. The company also provides proprietary trading plans, adding to its focus on offering new products tailored to different trading styles.

Regulation and Licensing

Regulatory compliance and licensing form the backbone of the FOREXer offering, fostering customer trust so they can trade with peace of mind. The company is licensed in various jurisdictions mentioned below:

Jurisdiction

Regulator

Status

Labuan, Malaysia

Labuan Financial Services Authority (LFSA)

Regulated

Auckland, New Zealand

Financial Service Providers Register (FSPR)

Registered

Mauritius

Financial Services Commission (FSC)

Regulated

Delaware, USA

FOREXer LLC

Registered

Zurich, Switzerland

FOREXer Advisory AG

Operates

 

Trading and Platform Conditions

While no specifics on spreads, leverage, or deposit minimums are provided, FOREXer is known for its client-first philosophy and offers a variety of trading solutions for clients of all types. The company's educational tool emphasizes a robust platform technology that enhances the trading experience.FOREXer's proprietary trading plans and education indicate a broker focused on enabling users, with all programs designed from a strategic perspective.

Although mobile apps are not explicitly discussed, the emphasis on training services suggests an intention to provide users with a comprehensive trade support program.

 

Fee Schedule

There aren't posted fees for FOREXer deposit, withdrawal or inactivity. Therefore, traders should visit the company page or contact customer support directly to inquire about fees.

 

User Experience/Market Reputation

FOREXer is a broker that has firmly established itself in the industry, with a philosophy of putting the customer first. Although specific user reviews and ratings are not available, former and current clients have enjoyed several attributes over the long term, and the company's growing global presence in Asia and Central America supports its merit and credibility.

In addition, a combination of global forex broker competition, Forex.com's gold-based currency accounts, and proprietary trading plans helps set the firm apart in a highly competitive international market. 

Recent Developments

Recently, FOREXer was honoured as the "Best Prop Firm Broker of 2024" for its progressive, high standards in trading. Another area to note was the announcement of a gold-based currency account.

Conclusion

FOREXer is taking a different approach to new and dynamic products in the Forex and trading industry. It has developed numerous services to support the presence of Forex traders worldwide and has established a straightforward, transparent process for compliance, education, and trading solutions.

If you are looking for a broker with a broker-centric approach and global reach, you need look no further than FOREXer. As this firm has grown and continues to develop, the commitment level to the overall client experience and value is undertaken in a genuine & high-level manner.

Regulatory Licenses

Compliance & oversight

1 license
Malaysia
LFSATier 3
Malaysia#LL17111
License Details
Type:Financial Service
License #:LL17111
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

2 types
Standard
Standard
Min Deposit USD 10,000 • Leverage 1:500 • Commission No commission
Min DepositUSD 10,000
Leverage1:500
CommissionNo commission
Pro
VIP
Min Deposit USD 50,000 • Leverage 1:500 • Commission No commission
Min DepositUSD 50,000
Leverage1:500
CommissionNo commission
2
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

4 methods
Credit/Debit Cards
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Withdrawals may not be available for credit/debit cards.
Bank Transfers
Bank Transfer3 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Global availability, slower processing.
E-wallets
E-WalletInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Regional availability varies.
Local Payment Methods
Otherhours
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Limited to specific countries.
4
Free Deposit
4
Instant
0
Crypto

Trading Platforms

Professional trading tools

1 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with FOREXer: 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 FOREXer at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for FOREXer

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

4 sites
🌐
https://www.forexer.academy/
Unknown
Active
SSL
🌐
https://www.forexer.gold/en/
Unknown
Active
SSL
🌐
https://forexer.live
Unknown
Active
SSL
🌐
https://www.forexer.com/
Unknown
Active
SSL
4
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

3 platform

Corporate Network

Enterprise structure & relationships

1 entities

FOREXER LIMITED

New Zealand
active

Registration

4416438

Established

N/A

Comments

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