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LARIOX -

Score

1.40 /10
Danger

LARIOX

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://lariox.com

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.16

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Lariox Ltd

Company Abbreviation

LARIOX

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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LARIOX · Company summary
LARIOX Review Summary
Founded2019-02-04
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex/Commodities/Shares/Futures/Indices/Stocks/Metals
Demo Account✅
LeverageUp to 1:500
SpreadFrom 0.6 pips
Trading PlatformMT4(Windows/iOS/Android/Web)
Min Deposit$10
Customer SupportLive chat

LARIOX Information

Lariox is an online Forex and cryptocurrency STP broker. The tradable instruments with a maximum leverage of 1:500 include forex, commodities, shares, futures, indices, stocks, and metals. The broker also provides three accounts and an MT4 platform. The minimum spread is 0.6 pips, and the minimum deposit is $10. LARIOX is still risky due to its unregulated status and bad reviews about difficulty withdrawing money.

LARIOX Information

Pros and Cons

Pros Cons
Leverage up to 1:500Unregulated
24/7 customer supportInaccessible official website
MT4 availableNegative comments about difficulty in withdrawal
Spread as low as 0.6 pipsUnspecific transfer time and fee information
Demo account available
Various tradable instruments
Swap free

Is LARIOX Legit?

LARIOX is not regulated, making it less safe than regulated brokers.

Is LARIOX Legit?
Is LARIOX Legit?

What Can I Trade on LARIOX?

LARIOX offers various market instruments, including forex, commodities, shares, futures, 10 indices, stocks, and metals.

Tradable Instruments Supported
Forex✔
Commodities✔
Shares✔
Futures✔
Indices✔
Stocks✔
Metals✔
Cryptocurrencies❌
Precious❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on LARIOX?

Account Type

LARIOX has three account types: standard, ECN, andscalper. Traders who want low spreads and leverage can choose a scalper account, while those with a small budget can open a standard account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type StandardECNScalper
Min Deposit$10$50$200
Leverage1:5001:5001:200
Spread1.20.60.6
Stop Out Level20%20%20%
Maximum OrderNo limitNo limitNo limit
Swap free✔✔✔
Commission-$7-

LARIOX Fees

The spread is from 0.6 pips. The swap is free. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

LARIOX cooperates with the authoritative MT4 trading platform available on Windows, iOS, Android, and the web to trade. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.

Trading PlatformSupported Available Devices Suitable for
MT4✔Windows/iOS/Android/WebJunior traders
Trading Platform

Deposit and Withdrawal

The minimum deposit is $10. LARIOX accepts Visa, MasterCard, Wire transfer, and Bitcoin for deposit and withdrawal. However, the official website is inaccessible, so transfer processing times and associated fees are unknown.

Deposit and Withdrawal

User Reviews

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User comment

3

Comments

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A42620
more than one year
I used this Lariox six months ago and it disappointed me much. Spreads went up over 100 pips suddenly, and I ended up with losing all my deposited money. They still ask me to put more, I refused and left this scammer.
I used this Lariox six months ago and it disappointed me much. Spreads went up over 100 pips suddenly, and I ended up with losing all my deposited money. They still ask me to put more, I refused and left this scammer.
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2023-02-23 09:16
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kim4822
more than one year
don't trust this broker because it doesn't pay when we withdraw.. I'm a victim of this broker
don't trust this broker because it doesn't pay when we withdraw.. I'm a victim of this broker
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2023-01-16 22:41
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