Score

1.96 /10
Danger

LH CRYPTO

South Africa

5-10 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index7.11

Risk Management Index0.00

Software Index6.91

License Index0.00

Time Machine
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Licenses

No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

Larson and Holz IT LLC

Company Abbreviation

LH CRYPTO

Platform registered country and region

South Africa

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Company summary

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Warning: Low score, please stay away!
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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LH CRYPTO · Company summary

BASIC INFORMATION:

LH Crypto is a division of the Larson & Holz group, offering a bespoke cryptocurrency trading platform. The online exchange and trading terminal offers traditional financial instruments alongside digital coins. The LH Crypto project was established in 2018 after an ICO with more than 12,000 crypto investors from 50+ countries. The LH coin is a utility token for leveraged trading in established markets, from forex to commodities. The digital investing solution now has 10 million clients from around the world and offers a dynamic online trading portal.

REGULATORY INFROMATION: LICENSE

No valid regulatory information

Please be aware of the risk!

MARKETS

LH Crypto offers clients investment opportunities in the following markets:

· 50 forex pairs – majors, minors, and exotics

· 59 cryptocurrencies – including BTC/USD, ETC/EUR

· 126 CFDs – including Google Inc, Apple Inc, and MasterCard

· Commodities – metals and energies from gold and silver to gas and oil

MINIMUM DEPOSIT

The broker offers three live trading accounts with varying features such as minimum deposit requirements, withdrawal limits, leverage, and KYC policies. Commissions are more favourable under the Pro account with a 30% discount applied.

· Start – €10 minimum deposit

· Standard – €250 minimum deposit

· Pro – €10,000 minimum deposit

COMMISSION

Commission rates vary by account. Commissions on cryptos start at 0.15% with the basic account, 0.105% with the Standard, and 0.135% with the Pro. A detailed breakdown by instrument can be found on the brokers website.

PAYMENT METHODS

All deposits and withdrawals are completed in cryptocurrencies including Bitcoin, Ethereum, and Litecoin. Some fiat currencies, including the Euro, are also accepted.

Deposits

Minimum deposit requirements vary by account. The lowest deposit requirement is $10 with the Start account. Traders must purchase cryptocurrencies from relevant exchanges to deposit into LH Crypto accounts. Payment portals accept various methods including bank wire transfers and debit/credit cards. Deposit times vary by cryptocurrency; however, the average takes 2-3 minutes.

Withdrawals

LH Crypto offers two withdrawal method options; automated and manual. Automated withdrawal is much quicker and typically takes a few minutes, however daily limits may apply. Manual withdrawals can be used for larger amounts and take up to three working days

DEMO ACCOUNT

The broker offers a free demo account to trade risk-free with up to €50,000 in virtual funds, available in your chosen currency.

TRADING PLATFORMS

· Meta Trader 5

TRADING HOURS

The cryptocurrency trading market is open 24 hours a day, seven days a week, operating on a decentralized network. With that said, opening times vary with traditional markets. Open the MT5 terminal for specific opening hours. The platform also adapts to your local jurisdiction and time zone.

CUSTOMER SUPPORT

There are various customer support options:

· Online contact form

· Email info@lh-crypto.com

· Instant Telegram messenger

· Telephone at +852-3015-68-32

· Bitcointalk internet community forum

· Social media platforms including LinkedIn and Twitter

ACCEPTED COUNTRIES

LH Crypto accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders cannot use LH Crypto from United States, France, Korea, Spain, Sudan, Syria.

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.2815
more than one year
LH CRYPTO drops your leverage when you make money and they manipulate their orders to cause you to blow your account. Stay away from this disgusting broker!
LH CRYPTO drops your leverage when you make money and they manipulate their orders to cause you to blow your account. Stay away from this disgusting broker!
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2023-02-24 15:41
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