Leadernet Ou (fx-leader.com) has been flagged by ASIC (Australia) for "Unlicensed". Search IC001 for other entities related to this alert. Link to warning from overseas regulators: CONSOB https://www.consob.it/web/consob-and-its-activities/warnings/documenti/english/entutela/cns/2020/enct20201012.htm?, FCA https://www.fca.org.uk/news/warnings/leadernet-ou-t-fxleader, Central Ban... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: fx-leader.com.
Where do I even begin with Leadernet Ou (fx-leader.com)? for close to eighteen months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Comprehensive tools|Full transparency|Smooth onboarding
Cons: No fractional shares
I signed up with Leadernet Ou (fx-leader.com) after hearing about them at a conference and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Intuitive for beginners|Responsive team
Cons: Some tools only available on higher tiers|None so far
I lost a significant amount because Leadernet Ou (fx-leader.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Reliable uptime|Full transparency|API access
Cons: Limited demo account features|No live chat on mobile
KYC with Leadernet Ou (fx-leader.com) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Intuitive for beginners|Dedicated account manager|Copy trading available
Cons: Mobile app could be improved
I referred a friend to Leadernet Ou (fx-leader.com) while looking for alternatives to my previous provider. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Easy withdrawals|No hidden fees|Dedicated account manager|Customizable dashboard
Cons: No live chat on mobile|Help articles are sometimes vague
I had a dispute with Leadernet Ou (fx-leader.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Full transparency|Dedicated account manager|Reliable uptime|Fast execution
Cons: Wait times can be long during peak hours
Leadernet Ou (fx-leader.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: API access|Educational resources
Cons: Wait times can be long during peak hours
Do not believe the bonus offer from Leadernet Ou (fx-leader.com). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited while looking for alternatives to my previous provider and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Market news feed|Stable platform
Cons: Wish they had more educational resources
The platform at Leadernet Ou (fx-leader.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for the past year and a half of dealing with this, I have had enough.
Pros: Clean UI|Smooth onboarding|Educational resources|Multiple order types
Cons: No dark mode on mobile|Inactivity fee applies after 12 months
The spread at Leadernet Ou (fx-leader.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through word of mouth in my investment club and initially thought the platform was good - until I started trading seriously.
Pros: No hidden fees|Educational resources|Competitive fees|Quick verification
Cons: Minor UI glitches occasionally|Mobile app could be improved