Lilium-Overview of Minimum Deposit, Spreads & Leverage

WikiFX

| 2022-01-18 10:33

Abstract：Lilium is an online forex broker, a trading brand provided by Lilium Markets Ltd. Lilium Markets Ltd is a company headquartered in the United Kingdom, and this company is authorized and supervised by the Financial Conduct Authority (FCA) with license number 913607.

General Information & Regulation

Lilium is an online forex broker, a trading brand provided by Lilium Markets Ltd. Lilium Markets Ltd is a company headquartered in the United Kingdom, and this company is authorized and supervised by the Financial Conduct Authority (FCA) with license number 913607.

Market Instruments

Tradable financial instruments available on the Lilium platform include popular currency pairs, a series of CFD products on indices, gold and silver, oil, stocks, and more.

Minimum Deposit

In terms of the minimum initial deposit, Lilium does not disclose this part. In most cases, most brokers require traders to fund at least $100 or the equivalent amount to start trading.

Leverage

No trading leverage information is found on the Lilium official website.

Spreads & Commissions

Lilium promises it offers highly competitive spreads, and it does not specify spreads on particular instruments.

Trading Platform Available

When it comes to trading platforms available, what Lilium offers is not the widely used and industry-recognized MT4 or MT5 trading platform. It uses a proprietary platform maybe.

Deposit & Withdrawal

The minimum deposit remains unknown, and Lilium does not tell us what payment methods it works with. Some commonly used funding options accepted by most brokers are Credit/Debit Card (Visa, MasterCard, Maestro), Wire Transfer, as well as some online payment processors, including Skrill and Neteller.

Customer Service

The Lilium customer support can be reached 24/5 through telephone: +44731697006, email: support@lilium-markets.com and this company is also on some social media platforms, like Facebook, Twitter, and Youtube.

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