L2L Forex-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

L2L Forex is a forex CFD broker in London, UK. L2L Forex claims to have led online forex trading in over 65 countries or regions but is not currently regulated in any way.

Market Instruments

L2L Forex offers investors access to some financial instruments, including currency pairs in the Forex market, Gold, silver, oil, and CFDs.

Minimum Deposit

L2L Forex offers four different types of accounts for investors: Silver ($100-$5,000), Gold ($5,001-$10,000), Diamond ($10,001-$50,000), and Platinum (above $50,001).

Leverage

When it comes to trading leverage, the maximum leverage offered by L2L forex is up to 1:100.Leverage magnifies the returns from favorable movements in a currency's exchange rate.It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Spreads & Commissions

The minimum spread is 1.3 pips for silver accounts, 1.0 pips for gold accounts, 0.7 pips for diamond accounts, and 0.3 pips for platinum accounts. Gold spreads range from 15 to 45 cents (variable), oil spreads varying from 1.5 to 8 cents, and silver accounts spreads are 3-9 cents.

Trading Platforms

L2L Forex offers traders the most advanced MT5 trading platform on the market today. Download the MT5 mobile application on the cell phone and enjoy full trading functionality just like on desktop, with the ability to view account history, multi-language support, lightning-fast trade execution, and more.

Deposit & Withdrawal

L2L Forex supports traders to deposit and withdraw funds to their investment accounts via wire transfer, Neteller, Skrill, and Bitcoin. The minimum deposit via these methods is $500, and a fee of $25 is subject to all withdrawals.