Independent rating of Forex broker Leader Forex

About company

Leader Forex is a forex broker that partners with Fortrade and uses the trading services and operating platforms of this company. The broker is registered in the United Kingdom and is regulated by the Financial Conduct Authority (FCA).

Regulation by such a reputable supervisory authority obliges Leader Forex to comply with a number of strict rules. The company is required to provide full information about its goals and plans to consumers, to ensure the stability and transparency of its financial systems, to guarantee high standards of security and protection of customer information, as well as to promptly respond to challenges that threaten the industry’s integrity.

In order to ensure the safety of customer funds on the Internet, the broker uses 256-bit SSL encryption. In addition, the official website of Leader Forex is checked daily by McAfee Security Scan. This software protects the company's clients against credit card and account fraud.

Leader Forex provides its services to clients from over 120 countries.

Trading conditions

• 55 currency pairs, CFDs, precious metals, stocks, indices, commodities, raw materials
• transaction currency - EUR/USD
• no commission
• three trading platforms, including MT4
• one-click trading
• 24-hour market
• multilingual support service
• promotions and bonuses
• advisors
• free seminars and e-books for beginners
• daily/weekly analysis, evening review
• economic calendar
• demo account
• prices updated every second

Trading platform

The broker offers its clients to conduct trading through the following platforms: Leader MT4, Leader Web Trader, and ZuluTrade.

Leader MetaTrader 4 enables traders to monitor the movement of parity prices and all instruments. The software has an extensive information history for developing and testing strategies. Using Leader MT4, traders can analyse the market, taking into account the historical price movement.

The main advantages of Leader MT4:

• ability to use advisors
• wide choice of drawing tools for trading charts
• user-friendly interface
• multilingual support service
• database management system
• reliable infrastructure

Leader Web Trader is an investment platform that is in sync with MT4. This feature makes it possible to manage transactions without software installation. Thus, a trader can access Leader WebTrader on any computer connected to the Web.

The main advantages of Leader Web Trader:

• user-friendly interface
• one-click trading
• automated buy orders
• accurate graphical indicators

The ZuluTrade trading platform is designed to connect successful signal providers into one network and to ensure the possibility of using automated trading strategies. Investors can make profitable trades by synchronizing their ZuluTrade accounts with Leader Forex accounts.

The main advantages of ZuluTrade:

• user-friendly interface
• thousands of signal providers
• 24/5 automated trading operations
• performance evaluation algorithm
• free demo account

Support service

Traders can contact the broker’s managers by email, phone, live chat, or through a feedback form. In addition, the company's clients can use a frequently asked questions (FAQ) webpage.

Traders’ reviews

On the Web, there are both positive and negative reviews about Leader Forex. Most traders complain about unreasonable account blocking, problems with funds withdrawals, and incompetent customer service. At the same time, many clients praise the broker for numerous free training materials for beginners, the ability to quickly open an account, and favorable trading conditions.

Advantages:

• regulation by reputable supervisory authority
• wide choice of trading instruments
• demo account
• popular MT4 trading platform
• expert advisors
• tight spreads
• free training for beginners
• no commission
• multilingual support service
• promotions and bonuses

Disadvantages:

• many negative reviews
• little information about trading conditions and account types on the broker's official website