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Lionlive Withdrawal Policy – Closed

  • 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!

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    Your capital is at risk
    1. Lionive offers a great interface that enables binary options trading across platforms and assets. It allows trading in different modes with an easy to use software solution and uses newest technologies to encrypt transfers and secure your funds. Find more on Lionive in our review of this broker. Their easy-to-use policy is also reflected trough the quick and streamlined withdrawal process.

      This broker provides a simple solution for funds withdrawal. By using the banking page, logged users can request a withdrawal in two easy steps. First, by clicking on the withdrawal tab and entering the amount. Second, by clicking next, and confirming the request by hitting the withdrawal button. In order for this process to go as smooth and fast as possible, verified accounts or cards are important.

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      Verification is the key to ensuring fast transfers, but more importantly, verified accounts provide safer banking services for the customers. Withdrawals are only allowed in the currency trader selected during the registration process. Funds are transferred to the funding source of the initial deposit. Withdrawals that cannot be transferred to the initial source of funds will be transferred to a bank account held in the name of the account holder.

      If the client uses a card or a Moneybookers/Skrill account, there is no minimum amount limit. For wire transfers, the minimum amount is low enough so the user can flexibly manage her funds and trades. Depending on the currency chosen during registration, for wire transfers, minimum amounts is 100 USD, AUD, EUR, GBP; 500 DKK and 10.000 JPY. One withdrawal per month is free of charge in case client has a min 500 USD, AUD, EUR, GBP; 2500 DKK and 50.000 JPY turnover. For other withdrawals, a small charge of 30 AUD, USD, EUR, GBP or 3000 JPY is needed.

      The best part of the Lionive banking is the withdrawal processing period, which is just 48 hours from the time request is placed. If the account is unverified, the period is still 48 hours, after the receipt of the verifying documents. If you value even faster transfers, Lionive Platinum account is for you, since it offers same day withdrawals.

      As noted in the beginning, security if one of the important features with all transfers being SSL encrypted. Also, giving you even more freedom, Lionive provides an option to cancel the pending withdrawal request and return your funds to the trading account.

      Is Lionive a Scam?

      We can assure you that Lionive is no scam. Binary options trading became a point of interest among many traders who value simple trading systems over more complex alternatives in the last five years. As in every business, there are companies that offer good service, and those which do not excel at customer satisfaction. Some companies fail to fulfill regulatory criteria as well.

      Companies offering services in EU countries are usually under a lot of regulatory scrutinies. This kind of regulatory framework, strengthened by a long tradition of consumer protection in EU, is one of the pillars that guarantees minimum standards for a good business conduct. Being registered on Malta, Lionive, which is one of most popular brokers on Fair Binary Options broker list, is in compliance with all relevant rules and regulations.

      Since binary options provide a simple way to access financial markets, it doesn’t change the fact that moves are determined by underlying assets. Thus, there is no reason to expect less risky environment, even though trading binary options is much simpler. Many inexperienced users don’t understand that it is very hard to beat the market. Markets aggregate information that are not available to a single investor. That is why many beginners may feel frustrated when their trades don’t end up on the winning side.

      This leads a lot of them to claim that broker they use is a scam. The idea that broker, such as Lionive, is a scam, is not set on sound footing. One of the reasons is the nature of brokerage business, where each trade carries a fee, and the broker doesn’t earn or lose depending on the outcome of the trade.

      Lionive is a great way to enter the financial markets via binary options trading. It offers a few account types which easily serve most types of traders. Trading software user interface is run directly from browser with a simple list view of trades made and options available. Help sections are rich with usable trading advice, tips, and strategies. For more info on Lionive, head to our review.

      Lionive serves thousands of customers daily. It’s user-friendly website brings transparency and trading resources that really do let users make most of their trades. The key is to learn with every failed or successful trade.

      Lionive Phone Verification Bonus

      In the review, we already noticed all the awesome features on the Lionlive platform, products, and promotions they regularly offer. Promotions are updated frequently to improve existing service. By coming up with all new ways to provide better service for its customers, this broker can be truly named leader in the binary options world.

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      Lionive has been active a bit more than a year right now. In this short time, they managed to capture hearts and minds of their customers by extending excellent education, trading and support opportunities.

      Lionive offers free training sessions for all Gold account members. You can read more about the features included in their account packages in the review. They also extend generous bonuses with favorable terms. The customer service is great, constantly available and always ready to help.

      Sometimes it is not easy to get in touch with traders directly so support needs to use e-mail correspondence, which is not always the optimal way to handle, especially urgent, matters. This is why Lionive tries to offer incentives for its traders who provide a valid phone number for reliable contacts in the future.

      The newest special promotion tops up existing bonuses with another $20 if users sign up with their valid phone contact info. The bonus is not tied to a deposit and all users need to do is answer the phone when it rings in order to verify the number. Upon the verification, the funds will be added to the trading account.

      This bonus must be traded 20x the amount before it can be withdrawn, which are really favorable conditions considering some brokers don’t even include bonuses in the amount eligible for withdrawal, even upon reaching the turnover target. This only shows the uniqueness of this offer that can currently be found only with Lionive.

    2. Your capital is at risk