Verified: FX Leader Is Operating Through The Website Https://www.fx-leader.com/.
The Company's Website Is Currently Defunct, Inaccessible, Appears To Be Closed, And Details About The Company Are Not Immediately Available. Traders Are Requested To Be Extremely Cautious In Case They Are Deceived And Their Funds Are Damaged.
As For Supervision, It Has Been Verified That FX Leader Has Not Obtained Any Valid Licenses At Present.
And The Broker's Website Https://www.fx-leader.com/has Expired, Which Is A Bad Sign, Which All Proves That FX Leader Is Very Likely A Fake Trader.
The Only Way You Can Approach FX Leader Is Via Email: Support@fx-leader.com.
But Most Non-compliant Brokers Will Not Disclose Providing Their Direct Real Contact Information, Such As Phone Numbers Or Company Addresses.
Note: FX Leader Being An Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
According To An Internet Query:
Market Tools
FX Leader Offers A Large Number Of Currency Pairs And A Wide Range Of CFD Trading: Commodities, Indices, Stocks And The Most Popular Cryptocurrencies (Bitcoin, Ethereum, Ripple, Litecoin, Etc.).
Minimum Deposit
While FX Leader Offers A Variety Of Account Types, This Broker's Minimum Account Type Requires An Initial Investment Of $200, Which Sets The Entry Barrier A Bit High Considering The Fact That Many Reliable And Licensed Brokers Have Lower Requirements.
Leverage
Traders Can Trade With Leverage Of 1:400 At FX Leader, But That Doesn't Mean You Have To Make The Most Of It All The Time, As Such A High Ratio Also Comes With A Greater Risk Of Loss.
Spreads And Commissions
The Spreads Offered By FX Leader Are Quite High, We Saw When Testing Their Platform In Live Mode (no Deposit) That EUR/USD Is Fixed At 3.0 Pips. Most Fixed Spread Brokers Offer 2 Pips Or Even Less.
Trading Platform Available
Trading By FX Leader Is Done Through A Web-based Platform (mobile Apps Are Also Available), Which Is Very Simple.
Deposit And Withdraw
There Are No Deposit And Withdrawal Payment Methods On The FX Leader Website, Which Is Strange. Many Brokers Usually Offer Some Funding Options Such As Telegraphic Transfer, Visa, Mastercard, And Some E-wallets Such As Skrill And Neteller.
