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Lionexo Broker Review

  1. This broker is not available.

    Lionexo is a new binary options broker on global financial market, present since 2016. This brokerage company is owned by Quatrro Enterprises EOOD (Bulgaria).

    To traders around the world, Lionexo broker tries to deliver simple to understand trading platform and ensure traders to benefit from binary options trading. To achieve that, they present an innovative platform and a wide range of underlying assets to choose from. Combined with plenty of tools and trade options, their plan is to be present on financial markets for longer period of times.

    For more about this broker and available trading features, traders can find out below in our Lionexo broker review.

  2. For this Lionexo broker review, we discovered how they offer one unique trading account to all interested traders. To be able to trade binary options with Lionexo, traders first have to register on this binary trading platform. Once they have access to Lionexo platform, traders have on disposal plenty of available trade options (short term and long term) as well as exquisite option to experience social trading.

    Minimum deposit amount to begin trading is $250, whereas lowest required investment is $25. Once traders choose preferred amount to enter, they only have to select a trade option and decide whether to choose Call or Put option.

    It wasn’t difficult to navigate over the platform and its tools, which shows they provide simple to understand trading charts and user-friendly interface. Below the Trade window, traders can see listed assets which are available to trade with. Graphics has also passed our test due to its simplicity and modern look.

    To help traders become more skilled, Lionexo prepared an extensive list of education materials, such as various videos, tutorials, guide articles, ebook and glossary. They should be sufficient for both new and pro traders. However, traders can check FAQ and get more info regarding how to open and account, what is payment procedure and how to navigate over Lionexo platform.

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  5. This binary broker operates on PandaTS software, one of the software providers which are getting more attention and have increasing popularity in binary options industry. To traders worldwide, Lionexo broker offers a large list of different trading instruments and features for potential profitable trading journey.

    According to information provided on Lionexo platform, they offer a selection of trade options: Range options, Hyper options, Long Term, One Touch, Pairs and forex. Combined with chosen trade option, traders can choose a preferred expiry time, such as 30 s, 60 s, 2 min, 5 min or 10 min.

    Social trading option is also present on this platform, as we learnt for Lionexo broker review. This exceptional features enables traders to follow other expert traders and follow their trades which could be later on applied to their own trading moves. This will most likely encourage traders to gain more trading knowledge and get better insight of how to trade binaries more successfully.

    As seen from our Lionexo broker review, they offer over 180 different underlying assets, such as stocks, commodities, currencies and indices. Under Trading Tools tab, traders can find a whole asset list available on this trading platform.

    So far, we haven’t noticed features such as demo account option where traders would be able to practice how to trade binary options in risk free mode. By this we mean that traders are provided with virtual money to test the platform and try various techniques in order to become more skilled.

    Also, no mobile app is visible anywhere on the platform. Due to technical improvements and busy schedules we all lead, having on disposal mobile app could be a useful tool that enables traders to trade binary options via tablet or smartphone.

    While reviewing Lionexo broker, we have noticed how they offer Economic Calendar. It comes as a helpful trading tool that can assist traders in knowing when and what to trade with. With economic calendar, traders can follow various economic events and check of valuable information released by different companies and institutions that could influence on a particular tradable asset.

    Economic calendar includes following info: time and date of an event, a specific asset it could impact and asset strength.

  6. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  7. As part of our Lionexo broker review, it is our duty to test their customer support service and provide potential traders a valid information. In binary trading, responsive support is an important segment because traders are always in a search of valuable type of info and assistance of Lionexo agents can be out of great help.

    Lionexo customer support is available 24/7 according to provided information from their website. It is possible to contact this broker via email [email protected], phone, contact form and live chat.

    Phone is available for UK, Bulgaria and Canada. To use contact web form, traders are required to provide their name, email and message and afterwards click on Submit button. For this review, we tested live chat option and unfortunately didn’t get assistance since nobody joined our chat. Considering the fact they claim to provide 24/7 support, we were surprised to see how that isn’t the case.

  8. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  9. According to available information from Lionexo website, they offer traders option to make deposits via credit cards and bank wire. Accepted credit cards are Mastercard and Visa. Under My Account, traders need to click on Deposit button where a new window will open and they can simply enter a preferred amount to be traded.

    With Lionexo broker, it is possible to trade with USD, EUR, CAD and GBP. As mentioned in upper part of the review, required minimum deposit is set to $250. It is important to note that once selected currency at depositing can not be changed for withdrawals.

    To make withdrawals from trading account, traders are obligated to submit a withdrawal request which should be processed within 48 hours and can take up to 7 business days for withdrawal process to be completed.

    Also, traders need to authenticate their trading account which has to be in accordance to KYC procedure. Therefore, traders are obligated to send this broker following documents:

    • Colour copy of ID card of passport
    • Colour copy of proof of residence
    • Colour copy of credit card which will be used (first six and last four digits and signature visible)

    Minimum withdrawal on Lionexo platform is $50. However, we learnt how this broker charges fee for withdrawals. For credit cards, fee of 3.5% will be charged while for wire transfers, there is $15 for each transfer.

  10. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

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    Between 74-89 % of retail investor accounts lose money when trading CFDs
  11. Your capital is at risk