About Lot-Forex Brokerage Firm
Lot-Forex is a reputable forex broker known for its efficient straight-through processing of transactions. With a diverse range of 25 trading platforms, the company caters to the unique needs of both individual and corporate clients.
Offered Account Types and Financial Instruments
Lot-Forex provides clients with a selection of 6 account types and a variety of instruments essential for successful market operations. Committed to delivering top-notch service, the company strives to maintain its prominent position in the market. Additionally, Lot-Forex offers a comprehensive €5 million insurance program aimed at safeguarding clients from potential errors and financial losses.
Registration and Contact Information
Headquartered in Larnaca, Cyprus, Lot-Forex is a registered brokerage firm. The company proudly displays its certification from the Cyprus Securities and Exchange Commission, which serves as the financial regulatory body. Clients can easily reach out to the broker via phone, Skype, email, or a convenient feedback form. For those interested, personal visits to Lot-Forex’s office in Larnaca are also an option.
Trading Terms and Conditions
- Micro Account: Requires a minimum deposit of $1000 with a maximum leverage of 1:1000.
- Premium Account: Minimum deposit is $5000 with leverage set at 1:500.
- Zero Spread Account: Minimum deposit stands at $7000 with no spreads.
- Auto Account: Minimum deposit of $10000 with a daily profit range of 4.2-5.5%.
- Pamm Account: Minimum deposit required is $20000, offering a daily profit range of 6-7%.
- VIP Account: Minimum deposit is $50000 with a maximum leverage of 1:300.
Account Funding and Withdrawal Procedures
Clients can fund their accounts using standard banking and financial platforms. Withdrawal requests are processed weekly, with long-term withdrawals available after a specified period following the initial deposit.
Client Feedback and Concluding Remarks
Client reviews of Lot-Forex vary, encompassing both positive and negative feedback available online. The broker’s overall rating across various platforms tends to be below average. When selecting a broker, it is crucial to thoroughly review all terms and conditions and consider seeking advice from a financial analyst.
This review has been prepared by the specialists at ExpertsReview.
Lot-Forex is a brokerage service that delivers a straightforward trading experience with a variety of investment options but could use some improvements when it comes to customer service.