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FO

Forexer Review: Is It Legit and Regulated?

Forexer Limited

MY Since 2020
AKA FOREXer AKA FOREXer5

FindMyFX score

high risk

5.3/10

0 Score out of 10 10
Independent assessment Updated 2026-08-06

Contact & regulation

Official website
forexer.com.my
Address
Unit B, Lot 49, 1st Floor, Block F, Lazenda Warehouse 3, Jalan Ranca-Ranca, 87000 Federal Territory of Labuan, Malaysia
Contact
Unit B, Lot 49, 1st Floor, Block F, Lazenda Warehouse 3, Jalan Ranca-Ranca, 87000 Federal Territory of Labuan, Malaysia
Primary license
Labuan FSA · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Forexer legit and regulated?

FindMyFX has license records for Forexer, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Labuan money broker focused on leveraged currency-pair trading through a branded MetaTrader 5 platform.

Professional broker overview

FindMyFX editorial summary

Forexer Limited is listed as a Labuan money broker and states that it was established in October 2020 under company number LL17111, with its money-broker licence obtained in March 2021. The official site publishes a USD 100 starting amount, maximum leverage of 1:100, zero commissions and swaps, a free USD 10,000 demo account, and the Forexer5 MetaTrader 5 platform. The site also states that it does not serve Malaysian users or residents of a broad list of restricted jurisdictions.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: The reviewed pages did not display an identifiable support email or a specific money-broker licence number beyond the legal-entity number and current official regulator listing.

Operational status
active
Broker type
unknown
Execution model
The broker states market execution and instant trade execution; independent execution statistics were not located.
Support hours
24/5

Support languages: English

Documented advantages

  • Official pages disclose starting funding, maximum leverage, commission and swap claims, platform, demo balance, restrictions, and addresses.

Documented limitations

  • The broker excludes Malaysian users and multiple other jurisdictions.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

Forexer Limited

Primary
MY LL17111

Trading access

Account types

Available account structures and their current verification state.

2 accounts

Demo account

unverified
Deposit
USD 0.00
Leverage
1:100

Commission information not shown.

Spread
Not shown
Base currencies
Not shown
Margin call / stop-out
—% / —%
Demo / Islamic
Yes / Unknown
Balance protection
Unknown
Last verified
Not verified

Live account

unverified
Deposit
USD 100.00
Leverage
1:100

Official site states zero commissions and no swaps

Spread
Not shown
Base currencies
Not shown
Margin call / stop-out
—% / —%
Demo / Islamic
Unknown / Unknown
Balance protection
Unknown
Last verified
Not verified

Markets and instruments

exotic forex pairs

unverified

major forex pairs

unverified

minor forex pairs

unverified

Licenses and regulators

Labuan FSA

No license number

unverified

Last verified: Not shown

Type: Labuan Money Broker
Client class: other
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

Jurisdiction-specific offerings

MY · other

unverified

Entity not linked · Leverage 1:100

Compensation scheme not shown

Score components

Regulation and licenses

7.5/10 · 35%

The entity appears on the current official Labuan list, although a specific licence number was not located.

Security and track record

2.5/10 · 20%

The current licence trail and establishment date are documented, but no detailed enforcement-history evidence was reviewed.

Trading conditions

7.5/10 · 15%

Official pages disclose minimum funding, maximum leverage, platform, demo balance, commissions, swaps, and restrictions.

Company transparency

7.5/10 · 10%

The legal entity, company number, establishment timing, addresses, phone, platform, and restrictions are published.

Service quality

2.5/10 · 10%

The broker states 24/5 support and provides a telephone, but no independently verified service metrics were found.

Verified user reviews

0.0/10 · 10%

No inspectable verified user-review dataset was identified.

Profile update history

Broker profile was published.

2026-08-06

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.