Abstract:LION FX is an unregulated brokerage company registered in the United Kingdom. This firm specializes in forex trading. However, the lack of transparency about its service and platform makes it impossible to to explore further.
Note: LION FX's official website: https://www.lionfxltd.com/is currently inaccessible normally.
LION FX is an unregulated brokerage company registered in the United Kingdom. This firm specializes in forex trading. However, the lack of transparency about its service and platform makes it impossible to to explore further.
LION FX currently does not hold any valid regulatory certificates. Although it is incorporated in the United Kingdom, it lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
LION FX's official website is currently inaccessible. It's anyone's guess whether it's still up and running.
There is a notable lack of information about LION FX available online. This lack of transparency can really dampen investors' enthusiasm.
LION FX is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.
Opening an online brokerage account can be an easy way to start investing. But all brokerages aren't created equally. Most excellent brokerages not only give you more investment choices, but also present you more routes to achieve your goals. LION FX is a brokerage focusing on mirror trading without any valid regulatory certificates. It's time to find another brokerage.
Admirals restarts EU client onboarding after a 2024 pause, enhancing compliance with CySEC regulations while aiming to boost its forex and CFD market presence.
Pocket Option is considered a beginner-friendly trading platform, providing access to over 100 CFD instruments. Though not in an extensive range, 12 currency pairs, 10 cryptocurrencies, and stock indices are enough for focused and efficient trading. Particularly, forex trading starts at $10, perfectly fit for beginners' trading styles. Besides, Pocket Option provides a free demo account with virtual funds of $50,000 to give users risk-free practice. Though Pocket Option introduces commission-free option trading, they are less competitive in trading costs for other instruments.
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.
WNS Trade Limit, established in 2023, is a forex broker incorporated in Mauritius under registration number C200345. The company operates under the jurisdiction of the Financial Services Commission (FSC) of Mauritius, holding license number GB232201953.