Forex Ltd was founded in 2002, focusing on the provision of quality services on Forex and stock markets. Since starting of its operations, the broker has been providing only the most beneficial trading conditions on the global financial markets, which allows it to gain popularity in many European countries.
Currently Forex Ltd offers all users to pass free training with the help of materials, published on its website, and it gives customers the opportunity to choose one of the fee-based courses that will greatly improve their skills as Forex traders. Besides, the Forex broker pays regularly bonuses to all its traders for attraction of new customers, and periodically holds a contest on demo accounts, where participants can compete for a rather attractive cash prize pool, which is distributed between those who take leading positions based on the earned profit.
In addition to the above-mentioned, it can be added that Forex Ltd encourages its partners, who have decided to earn not by trading on the foreign exchange market, but due to popularization of Forex Ltd and attraction of new customers.
Forex Ltd holds periodically contest on demo accounts for its customers. Every customer with trading account 10K can take part in the contest. According to the rules of the contest, all participants receive the same startup capital and they need to start trading on the foreign exchange market, using a demo account. Broker constantly changes periods of the contest and a cash prize pool, reporting about that on the main page of its site. Winners are Forex traders, who are able to earn the highest profit before deadline and they are encouraged by the Forex broker with bonuses from the prize pool.
Forex Ltd also offers all customers a Forex bonus of $10 according to the promotion Bring a Friend. According ton the rules of the promotion, all customers who attract their friends or acquaintances for trading on the foreign exchange market through Forex Ltd, will get Forex bonuses. Particularly active participants of the promotion can get additional personal promo code that can be sent to all individuals that will significantly increase the number of Forex bonuses.
Forex Ltd enables all users to pass free training on the basis of materials, published on the website of the broker.
Learning materials about the international Forex market:
1. The Forex market (market participants, market features, how to earn on the foreign exchange market).
2. Review of the trading terminal MetaTrader 4 (currency quotes, trading instruments, trading).
3. Introductory course for novice Forex traders:
- the foreign exchange market and principles of operations on it
- currency pairs
- trading rules and types of orders, used in trading
- MetaTrader 4
- how to operate in MetaTrader 4 with orders.
The broker Forex Ltd also offers to get acquainted with a list of books about the Forex and global financial markets, where a summary of each is given to help a novice trader understanding whether he requires one or another guide or not.
Customers can get acquainted with books on the following directions:
- foreign exchange and stock markets (Forex Market is your Way to Success by V.S. Yakimkin, Electronic Day Traders Secrets by M. Friedfertig and G. West and so on.)
- analysis of global financial markets (The Small Trader's Encyclopedia by E. Nyman, Technical Analysis of the Futures Market by D. Murphy, A Complete Guide to Technical Analysis by D. Schwager, The Encyclopedia of Technical Market Indicators by Robert Colby etc)
- analysis of the foreign exchange markets using different theories (Trading in the Global Currency Markets by Cornelius Luca, Mastering Elliott Wave by Glenn Neely, Beyond Candlesticks: New Japanese Charting Techniques Revealed by Steve Nison and so on).
- psychology of currency dealing and trading (Money Game by Adam Smith, The Disciplined Trader: Developing Winning Attitudes by Mark Douglas).
- Forex trading strategies and trading methods (Bear Speculation and Technique of the Short Selling by Tom Talley, Design, Testing, and Optimization of Trading Systems by Robert Pardo and so on).
- operations with trading tools (Getting Started in Futures by Todd Lofton, Call & Put by Moritz Adelmeyer and so on).
- history of the financial markets (WALL STREET. A History by Charles R. Geisst, Trader Vic II: Principles of Professional Speculation by Victor Sperandeo and so on).
Besides, Forex Ltd allows customers to pass fee-based training at the Academy of trading, choosing one or more courses:
- unique technique of trading - 6 weeks - 930 dollars
- practical dealing - 6 weeks - 400 dollars
- trading system on Forex indicators ZigZag and Ichimocu - 6 weeks - 350 dollars
- creation and testing of trading strategies- 6 weeks - 800 dollars
- options and contracts - 6 weeks - 1200 dollars
- complete course of Elliott Theory - individually - 3000 dollars.
Broker Forex Ltd offers the following trading conditions for traders:
- the foreign currency account (USD, GBR, EUR)
- the minimum deposit is $200
- the leverage is 1:25 (the possible increase from 1:50 to 1:100)
- twenty-four currency pairs, securities, gold, silver, futures
- spread is fixed from 3 points
- the minimum lot is 0.1
- multi-language support
- Instant Execution order
- a wide range of Forex indicators
- addition of new Forex indicators
- MetaQuotes Language 4 (operation with Forex trading advisors)
- automated trading via Expert Advisor
- quotes export via DDE
- charts printing.
Forex Ltd offers its customers two types of accounts: 10K and 100K.
Trading account 10K:
- the minimum deposit is $200
- the leverage is 1:100
- the minimum sum for entry and exit is $50
- margin support - 1% (Forex), 10% (CFD)
Trading account 100K:
- the minimum deposit is $20000
- the leverage is 1:25-1:100
- the minimum sum for entry and exit is $500
- margin support - 1%-4% (Forex), 10% (CFD).
- Framework (an automatic Forex advisor that operates based on three indicators and determines the point of market entry and exit, allowing customers to make a good profit while trading on the foreign exchange market)
- Spike Trader (an automatic Forex advisor that trades currency pairs using candlesticks, determining the beginning and the end of the trend, allowing users to make a good profit on the Forex market)
- Binario (an automatic Forex advisor that uses in its work moving averages, which allow it to operate both at short-term and long-term distances while trading on the foreign exchange market).
Forex Ltd allows all customers to invest funds in successful managers via PAMM-accounts. PAMM-accounts are created especially for managers and investors to make the trust management controlled by both investor and manager according to pre-agreed conditions. Potential investors find successful managers by their own using constantly updated rating and further make an agreement with them about the amount of investment and interest, which the trader will receive for trust management.
Broker does not support anyone and only provides the account for management and investment, protecting its customers from non-market risk concerning funds.
Forex Ltd provides all customers with the opportunity to earn on an affiliate program, which has three directions: Internet partner, running broker and media partner.
Internet partner can be any customer of the broker, who has its own Internet site, focused on finances. Various advertising materials are provided for partners free of charge, including banners, with which they are able to attract new customers. Forex Ltd pays a commission of $2.5 for each lot, closed by attracted users.
Running broker may become legal persons, ready to consult potential customers of the broker via the Internet, as well as at its office and, if necessary, to provide education.
Owners of sites concerning Forex can become media brokers. They may post exclusive analytical materials on their sites and while going to the website of Forex Ltd, using them, customers become referrals of the partner after sign-up.
Forex Ltd offers the following ways to deposit and withdraw funds from the trading accounts: VISA, MasterCard, PayPal, Liqpay, WebMoney, Skrill, and bank transfers.
Forex Ltd supports its customers by international phone +44 20 8133 8701 and via the feedback form, which should be filled in on the site of the broker, then the answer will come to the indicated email address.
+ the popular European broker
+ the minimum deposit is $200
+ small spread
+ good leverage
+ free and fee-based online training
+ contest on demo accounts.