Latest Updated Information about Forexer
March 2021 - Broker's website is down.
Reviewed broker: Forexer. Previous name NTWO Capital Markets.
Established in 2004
Location: USA
Representative offices: Zurich, Switzerland, Dubai and New Zealand
Regulation: Forexer USA is not regulated. Forexer Limited in New Zealand is registered with Financial Services Provider and regulated by Financial Markets Authority FMA
USA traders: allowed
STP: yes
Note: previously known under the name NTWO Capital Markets
Trading Platform Features of Forexer
Trading platform: Forexer 5 (version of Metatrader 5 platform)
Maximum leverage: 1:500
Spread types: variable
Spreads start from 2.5
Live quotes: yes
Indicators: 100
Account types: limited real, real, managed (with the initial deposit of USD 100,000)
Scalping: allowed, only with leverage of 1:50
Micro lots: available
Instant execution: yes
Expert advisors: yes
Advanced charting: yes
Payment methods within the broker
Payment options: wire transfer, which is extremely weak point for any kind of broker, especially the one that has various competition such as XM, Instaforex, Etoro OANDA and other online brokers.
Minimum deposit requirement: $200
Customer Service
Online chat: available
Email support: yes
Phone representatives: yes
Educational Material and Promotions
Education: Beginners Course, Forex ebook, Trading Tools, Trading Strategies, MT4 Tutorials, Economic calendar. There is no daily market analysis.
Promotion: at the time of our Forexer Review the broker didn't offer any promotional offers.
How was the rating of Forexer performed compared to other brokers?
This 2020 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Forexer FX broker performance and features.
Overall our online Forexer review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Forexer or you find inaccurate details Forexer broker review please get in touch with us and the changes will be applied.