LAVA PRIME -Some important Details about This Broker

General Information

Registered in the United Kingdom, LAVA PRIME is an online forex broker offering a series of forex and CFD trading services through the advanced MT5 trading platform, with the maximum leverage available up to 1:800.

LAVA PRIME is not authorized or regulated by any regulatory authorities, please be aware of the risk involved.

Account Types

LAVA PRIME offers three trading accounts to suit different traders trading needs, namely Mini, Standard, ECN accounts. However, the minimum deposit for each account are not disclosed.

Leverage

Trading leverage varies depending on trading accounts, ranging from 1:200 to 1:800. Problematically, LAVA PRIME permits traders to use leverage of up to 1:800, which is significantly higher than the levels regarded appropriate by many regulators.

As leverage can magnify gains as well as losses, investors are advised choose the proper amount that they feel most at ease.

Trading Platform

LAVA PRIME offers its clients the access to popular MT5 trading platform that can be available for Desktop, Mobile and Web terminals.

Traders can quickly analyze market activity, place trades, and integrate automated systems thanks to this powerful platform's convenient workspace (Expert Advisors). Everything you need to begin trading on the financial markets, including all of the above features, is available in a single, convenient interface.

Customer Support

Traders can reach out to LAVA PRIME about any questions or concerns they may have about their accounts or their trading through the following methods:

Telephone: +44 02038806803

Email: support@lavaprime.com

Negative Reviews

Many forex traders shared their terrible trading experience with LAVA PRIME, saying this broker defraud them by stealing their deposited money and rejecting their withdrawal requests.

Typical forex scams work like this: they get you deposit a lot of money, then manipulate your trading accounts, steal your money and disappear.

Visit WikiFX for more feedback from actual users.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.