Overview of LION TRADE ONLINE Brokerage
LION TRADE ONLINE, established in 2006 and managed by LION TRADE ONLINE LTD under the leadership of Eric Polonsky, has been a prominent player in the financial industry. Although based in the UK and lacking a license, the platform proudly showcases its registration certificate. The broker caters to a diverse clientele from various countries, including Russian nationals. As of 2019, LION TRADE ONLINE boasted over 72,721 trading accounts, with a remarkable total trading volume exceeding 325 billion dollars.
Trading Opportunities at LION TRADE ONLINE
LION TRADE ONLINE offers a diverse array of trading instruments, encompassing over 50 popular and exotic currency pairs, indices representing Russia, Asia, Europe, and America, stocks, commodities, and metals. Trading activities are accessible 24/5, ensuring clients can engage in the market at their convenience.
Trading Conditions and Account Options
While specific details regarding trading accounts are not disclosed, LION TRADE ONLINE does not provide demo or swap-free accounts. Information concerning minimum deposit requirements, spreads, and leverage remains limited. For comprehensive insights into trading conditions, clients are encouraged to consult with the platform’s advisors.
Trading Platform at LION TRADE ONLINE
Although the trading terminal remains unnamed, LION TRADE ONLINE assures users of a user-friendly interface for trading via personal computers and smartphones, promising a seamless trading experience.
Registration and Accessing Your Account at LION TRADE ONLINE
To unlock the full spectrum of platform features, prospective clients are required to complete a registration form. Once the verification process is finalized, clients gain access to trading capabilities and are granted the privilege of initiating withdrawal requests. Verification procedures involve submitting scanned passport pages, typically processed within a day.
Technical Support at LION TRADE ONLINE
LION TRADE ONLINE prides itself on delivering top-tier technical support in 15 languages, round the clock. Clients can easily reach out to the support team via phone or email for prompt assistance with their queries.
Account Funding and Withdrawal Procedures
Account funding on the platform is exclusively facilitated through electronic payment systems such as “WebMoney” and “Yandex.Money”, as funding via cards or bank transfers is not an option. Notably, there are no deposit fees imposed on clients. Withdrawals can be processed through the same systems, with transparency lacking on associated fees and minimum withdrawal amounts.
Final Thoughts
Given the absence of a license for LION TRADE ONLINE, exercising caution when considering account registration is advised. It is prudent to thoroughly scrutinize the user agreement, delve into company reviews, and seek guidance from independent experts before embarking on your trading journey.
This review has been prepared by the specialists at ExpertsReview.
