January 21, 2022


Top Forex Brokers


Forexer Broker Review

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.