FXTM	Basic Infromation
Registered Country/Region	United Kingdom
Founded in	2011
Headquarters	Cyprus, UK, Belize
Regulated By	FCA, CySEC, FSCA (Out of Scope Business)
Minimum Deposit	$10
Leverage	Up to 1:2000
Account Types	Micro, Advantage, and Advantage Plus
Demo Account	Yes
Trading Instruments	Forex, Commodities, Indices, Shares, Cryptocurrencies
Trading Platforms	MetaTrader 4, MetaTrader 5, FXTM Trader
Mobile Trading	Yes
Islamic Account	Yes
Payment Methods	Credit/Debit Cards, Bank Wire, E-wallets
Minimum Spread on EUR/USD	From 0.1 pips
Customer Support	24/5 Live Chat, Email, Phone
Educational Resources	Yes
Negative Balance Protection	Yes

Overview of FXTM

FXTM, or Forex Time, is a global forex and CFD broker founded in 2011. The company is headquartered in Cyprus and is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and other regulatory bodies in various countries. FXTM offers a variety of trading instruments, including forex, commodities, indices, shares, and cryptocurrencies.

FXTM is its extensive range of account types, which cater to traders of all experience levels and preferences. The broker offers five different account types, including the Micro, Advantage, and Advantage Plus accounts, as well as demo accounts and Islamic accounts. Each account type comes with its own unique features, including different leverage options, spreads, and minimum deposit requirements. In terms of trading fees, FXTM offers variable spreads on most of its instruments, with spreads starting from as low as 0.1 pips.

FXTM also offers a range of trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are available in desktop, web, and mobile versions, allowing traders to trade on the go and from anywhere in the world.

Lastly, FXTM provides customer support in multiple languages, which is available 24/5 via live chat, email, and phone. The broker also offers a range of educational resources, including webinars, seminars, and trading guides.

Is FXTM Legit？

FXTM is currently regulated by two reputable regulatory bodies, the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. These regulatory bodies ensure that the broker operates within strict guidelines and rules.

Forextime Ltd (Its CYSEC entity), is authorized and regulated by the Cyprus Securities and Exchange Commission (CYSEC) under regulatory license number 185/12.

Exinity UK Ltd, its UK entity, is authorized and regulated by the Financial Conduct Authority (FCA) under regulatory license number 777911.

FOREXTIME LTD is authorized by the Financial Conduct Authority (FSCA), holding a license of Financial Service Authority under license no. 46614.

Pros and Cons of FXTM

FXTM is a well-known broker that offers a range of trading services to its clients, including forex, commodities, and CFDs. While there are many benefits to trading with FXTM, there are also some drawbacks to consider. In this table, we'll take a closer look at the pros and cons of trading with FXTM, so you can make the right choice about whether this broker is right for you. Some of the pros we'll cover include their range of account types, competitive spreads, and excellent customer support, while some of the cons we'll discuss include the lack of cryptocurrency trading and high withdrawal fees.

Pros	Cons
Regulated by top-tier financial authorities, FCA and CYSEC	Limited product offerings compared to some competitors
Wide range of account types for different trading needs	High inactivity fee
Low minimum deposit requirements	Limited payment methods
Demo Accounts Available	Limited research tools and resources
Islamic Accounts Available
Access to a variety of trading platforms, including MT4 and MT5
Multiple funding and withdrawal options
Rich Eductaional Resources
Rich Trading Tools
High-quality customer support

Market Intruments

FXTM offers a diverse range of trading instruments for its clients, which includes forex, spot metals, CFD commodities, stock, stock CFDs, and CFDs on indices. The forex market is the largest financial market in the world, and FXTM provides access to a wide range of major, minor and exotic currency pairs. This means that traders have the flexibility to trade the currency pairs that best suit their trading strategies.

In addition to forex, FXTM offers trading in spot metals, which include gold, silver, and platinum. Spot metals can be a useful tool for diversifying a portfolio or hedging against inflation or geopolitical risks. FXTM also provides CFD trading in commodities, such as oil, natural gas, and agricultural commodities. CFD trading allows traders to speculate on the price movements of these commodities without having to own them physically.

FXTM also offers trading in stocks and stock CFDs. With access to global markets, traders have the opportunity to invest in some of the world's leading companies, such as Apple, Amazon, and Facebook. Moreover, traders can benefit from dividend payments when holding stock CFDs for the long term.

Finally, FXTM provides CFD trading on indices, which allows traders to speculate on the performance of a particular stock market. This is particularly useful for traders who want to take a broader view on the direction of a market, rather than focusing on individual stocks.

Overall, FXTM's range of market instruments provides traders with a wide variety of opportunities to diversify their trading portfolio and explore new trading strategies.

Pros	Cons
Offers a wide range of markets to trade, including forex, spot metals, and CFDs on commodities, stocks, and indices	Limited selection of individual stocks compared to some competitors
Competitive spreads and commissions	Margin requirements on some instruments may be higher than other brokers
Access to both major and minor forex pairs, as well as exotic currency pairs	Limited cryptocurrency offerings compared to some competitors
Opportunity to diversify portfolio with a variety of markets	The number of CFDs on commodities may be limited compared to other brokers
Offers both MetaTrader 4 and MetaTrader 5 platforms for trading	Availability of certain markets may vary depending on the trader's location

Account Types

FXTM offers three different types of trading accounts, which are the Micro account, the Advantage account, and the Advantage Plus account. The Micro account requires a minimum deposit of $10, the Advantage account requires a minimum deposit of $100, and the Advantage Plus account requires a minimum deposit of $500.These account types are designed to cater to the varying needs and preferences of traders, ranging from beginner traders with limited capital to experienced traders looking for more advanced trading features. Each account type has its own unique features and benefits, such as different minimum deposit requirements, leverage ratios, and spreads, allowing traders to choose the one that suits them best. The Micro account is ideal for novice traders with a limited budget, while the Advantage account is suitable for experienced traders who require advanced trading tools and a competitive trading environment. The Advantage Plus account is designed for professional traders who require high-volume trading and personalized support from a dedicated account manager.

Pros	Cons
Micro account has low initial deposit	Micro account has higher spreads compared to other types
Advantage account has low spreads	Advantage account has a higher minimum deposit
Advantage Plus account offers lower commissions	Advantage Plus account has the highest minimum deposit

Demo Accounts

FXTM offers demo accounts for all its account types, including Micro, Advantage, and Advantage Plus. These demo accounts allow traders to test their trading strategies in a risk-free environment using virtual funds. Demo accounts are also useful for new traders who want to learn how to trade before committing real money to live trading. With FXTM's demo accounts, traders can access all the trading tools and features available in the live trading platform. The demo accounts are also available in multiple languages, making it accessible for traders from different countries. However, it's important to note that demo trading doesn't completely simulate the emotional and psychological aspects of real trading, which could affect a trader's performance in the live markets.

How to Open an Account？

• To open an account with FXTM, you first need to visit their website and click on the “OPEN ACCOUNT” button on the top right-hand corner of the page.

• This will take you to the account registration page where you will need to fill out some basic personal information like your name, email address, and phone number.

• Next, you will be asked to choose the type of account you want to open. FXTM offers three main account types - Micro, Advantage, and Advantage Plus, each with its own features and benefits. You will also need to select the base currency of your account and agree to the terms and conditions of the broker.

• Once you have selected your account type and base currency, you will be prompted to provide some additional personal information like your date of birth, occupation, and address. You will also need to answer a few questions about your trading experience and investment goals.

• After you have completed the registration process, you will need to verify your account by providing some additional documents like a copy of your ID or passport and a proof of address like a utility bill or bank statement.

• Finally, once your account is verified, you can then make your first deposit and start trading.

Leverage

FXTM offers leverage of up to 1:2000, depending on the account type and trading instrument. The highest leverage is available for forex trading on the FXTM Pro account, while the other account types offer leverage up to 1:30 for EU traders and up to 1:2000 for non-EU traders. It's important to note that while high leverage can increase potential profits, it also increases the risk of losses. Therefore, it's recommended to use leverage wisely and only trade with funds you can afford to lose. FXTM also offers negative balance protection, which ensures that traders can not lose more than their account balance. This feature can provide additional peace of mind when trading with high leverage.

Spreads & Commissions (Trading Fees)

The spreads and commissions vary depending on the account type. For the Micro account, the spreads start from 1.5 pips, and no commission is charged. For the Advantage account, the spreads start from 1.1 pips, and a commission of $2 is charged per lot. For the Advantage Plus account, the spreads start from 0.0 pips, and a commission of $4 is charged per lot. It's important to note that the spreads are floating and may widen during periods of high market volatility.

The spreads offered by FXTM are typically lower than those offered by many other brokers in the industry, particularly on the Advantage and Advantage Plus accounts. The Micro account, however, has slightly higher spreads, which is to be expected due to the smaller minimum deposit requirement.

Here we have created a comparison table of the average spreads and commissions offered by FXTM and some other popular forex brokers such as IC Markets, Exness, and FP Markets:

Broker	EUR/USD Spread	Commission	Minimum Deposit
FXTM (Micro)	1.5 pips	No commission	$10
FXTM (Advantage)	0.5 pips	No commission	$100
FXTM (Advantage Plus)	0.1 pips	No commission	$500
IC Markets (Raw Spread)	0.1 pips	$7 round turn	$200
Exness (Raw Spread)	0.3 pips	No commission	$1
FP Markets (Raw Spread)	0.0 pips	$7 round turn	$100

Non-Trading Fees

Apart from trading fees, FXTM charges some non-trading fees that traders should also consider before choosing this broker. Some of the non-trading fees charged by FXTM include inactivity fee, withdrawal fee, deposit fee, and overnight fee. The inactivity fee is charged when a trader does not perform any trading activity on their account for a period of 6 months. The fee charged is $5 per month. Withdrawal fees vary depending on the method used, with bank transfers attracting a higher fee compared to e-wallets. Deposit fees are not charged for most methods, but a 2.5% fee is charged when depositing via Neteller. Overnight fees are charged when a position is held open overnight, and they vary depending on the instrument being traded

Here is a table showing the comparison of non-trading fees charged by FXTM and some other popular forex brokers:

Broker	Inactivity Fee	Deposit Fee	Withdrawal Fee
FXTM	$5/month after 6 months of inactivity	Free	Fees may occur
Avatrade	$50/quarter after 3 months of inactivity	Free	Fees may occur
IC Markets	$0	Free	Fees may occur
Exness	$0	Free	Fees may occur
FP Markets	$0	Free	Fees may occur

Trading Platform

FXTM offers a range of trading platforms, including the popular MetaTrader 4 and 5 platforms, as well as their proprietary trading platform called FXTM Trader. The MetaTrader 4 and 5 platforms are known for their ease of use, comprehensive charting tools, and customizability, while FXTM Trader offers advanced features such as price alerts, multiple chart types, and a news feed.

One of the main advantages of using MetaTrader 4 and 5 is the vast community of traders who have developed and shared custom indicators and trading strategies, making it easy to find and use powerful tools that can help improve your trading performance.

Another advantage of FXTM's trading platforms is their compatibility with a range of devices, including desktop, mobile, and web-based platforms, making it easy to trade on the go or from any device.

Here's a table comparing the trading platforms offered by FXTM, IC Markets, Avatrade, and Exness

Broker	Platform Types	Desktop	Web-Based	Mobile
FXTM	MT4, MT5, FXTM Trader	✔	✔	✔
IC Markets	MT4, MT5, cTrader	✔	✔	✔
Avatrade	MT4, AvaTradeGO, WebTrader	✔	✔	✔
Exness	MT4, MT5	✔	✔	✔

Deposit & Withdrawal

FXTM offers a variety of deposit and withdrawal options for its clients. Traders can deposit funds into their trading account using credit/debit cards, bank wire transfers, e-wallets, and other online payment methods. The minimum deposit amount varies depending on the account type selected by the trader.

For credit/debit card deposits, FXTM accepts Visa, Mastercard, and Maestro. There are no deposit fees for credit/debit card transactions, and funds are usually credited to the trading account instantly.

Bank wire transfers are also available as a deposit option. This method takes longer to process compared to other deposit methods and may incur charges from the bank. The minimum deposit amount for bank wire transfers varies depending on the currency selected, and it may take up to five business days for funds to appear in the trading account.

E-wallets such as Skrill, Neteller, and WebMoney are also accepted by FXTM. Deposits made through e-wallets are usually credited to the trading account instantly and are free of charge. The minimum deposit amount for e-wallet transactions varies depending on the selected e-wallet.

Withdrawals can be made using the same methods as deposits, with the exception of Mastercard. Withdrawals made through credit/debit cards may take up to three business days, while withdrawals made through e-wallets are usually processed within 24 hours. Bank wire transfers may take up to five business days for the funds to be credited to the trader's bank account.

FXTM may charge withdrawal fees for some methods. Traders are advised to check the fees and processing times associated with each method before making a deposit or withdrawal.

Pros	Cons
Multiple deposit and withdrawal methods	Some withdrawal methods may have higher fees
No deposit fees	Minimum withdrawal amounts may be higher than other brokers
Fast deposit and withdrawal processing times	Some deposit methods may not be available in certain regions
Supports various currencies for transactions

Customer Support

FXTM is known for providing excellent customer support to its clients. The broker offers various channels for clients to contact their support team, including live chat, email, and phone support. The customer support team is available 24/5 and is multilingual, which means clients can communicate with them in their preferred language.

FXTM also provides an extensive FAQ section on their website that covers various topics, such as account opening, deposit and withdrawal methods, trading platforms, and more. This section is helpful for clients who prefer to find answers to their questions without contacting the support team.

Pros	Cons
Live chat support available	No 24/7 customer support
Fast response times	No phone support for some countries
Knowledgeable and helpful staff	Limited educational resources for clients
Various support channels available
A FAQs section

Educational Resources

FXTM offers various educational resources to its clients to enhance their trading skills and knowledge. These resources include webinars, seminars, articles, e-books, educational videos, and more.

Webinars and seminars are live sessions conducted by market experts and analysts who provide insights and analysis on market trends and trading strategies. The sessions cover a wide range of topics, including technical and fundamental analysis, risk management, and trading psychology. The webinars and seminars are interactive, allowing clients to ask questions and get feedback from experts.

FXTM also provides a wide range of educational articles and e-books that cover a variety of trading topics. These resources are available to all clients, regardless of their account type, and can be accessed on the FXTM website.

In addition to these resources, FXTM offers educational videos that cover various aspects of trading, including market analysis, trading strategies, and risk management. These videos are designed to be engaging and informative, making them a useful tool for traders at all levels of experience.

Pros	Cons
Wide range of educational resources available	Some resources may be outdated or not relevant
Multiple formats available (webinars, articles, etc.)	Limited in-depth educational resources
Demo account available for practice trading	Educational resources may not be suitable for all levels of traders
Educational resources available in multiple languages	Some resources may require a subscription or additional fees

Conclusion

FXTM is a well-regulated and respected forex broker with a wide range of market instruments, competitive trading conditions, and user-friendly trading platforms. They offer various account types with reasonable minimum deposits and leverage options. FXTM's customer support is also responsive and helpful, while their educational resources can be useful for both novice and experienced traders.

However, there are also some potential drawbacks to consider. FXTM's non-trading fees, such as withdrawal fees, can be high, and their spreads can be wider than some of their competitors. Additionally, some traders may find their educational resources lacking in depth or variety.

FAQs

• Q: Is FXTM regulated？

  A: Yes, FXTM is regulated by top-tier financial authorities such as the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC).

• Q: What trading instruments are available on FXTM？

  A: FXTM offers a range of trading instruments including forex, spot metals, CFD commodities, stock CFDs, and CFDs on indices.

• Q: What types of trading accounts are available on FXTM？

  A: FXTM offers three main types of trading accounts: the Micro account, Advantage account, and Advantage Plus account.

• Q: What is the minimum deposit required to open an account on FXTM？

  A: The minimum deposit required for each account type on FXTM is as follows: Micro account - $10, Advantage account - $100, and Advantage Plus account - $500.

• Q: What trading platforms are available on FXTM？

  A: FXTM offers a range of trading platforms including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.

• Q: What are the deposit and withdrawal options on FXTM？

  A: FXTM offers a variety of deposit and withdrawal options including bank transfers, credit/debit cards, and e-wallets such as Skrill, Neteller, and more.

• Q: What are the deposit and withdrawal options on FXTM？

  A: FXTM offers a variety of deposit and withdrawal options including bank transfers, credit/debit cards, and e-wallets such as Skrill, Neteller, and more.

Aspect	Information
Company Name	LION
Registered Country/Area	Cayman Islands
Founded Year	2016
Regulation	SFC (Futures contracts), CIMA, MAS, and SFC (Dealing in securities, out of scope bussiness)
Minimum Deposit	$100
Maximum Leverage	1:500
Spreads	From 0.0 pips
Trading Platforms	Web-based and mobile trading platforms
Tradable Assets	Forex, commodities, indices, cryptocurrencies
Account Types	standard account, professional account, and ECN account
Demo Account	Yes
Customer Support	24/5 customer support via live chat, email, and phone
Deposit & Withdrawal	Credit/debit cards, bank transfers, e-wallets
Educational Resources	Webinars, tutorials, articles, and e-books

Overview of LION

Established in 2016 and headquartered in the Cayman Islands, LION emerges as a dynamic force in the world of online trading. This broker is distinguished by its regulatory compliance, offering a secure and accountable trading environment. Regulated by various authorities, including the SFC for futures contracts, CIMA, and MAS, but exceeded with SFC, dealing in securities.

With a minimum deposit requirement as low as $100, LION ensures accessibility to a broad spectrum of traders. The broker's substantial maximum leverage of 1:500 provides traders with the potential to amplify their positions, while competitive spreads starting from 0.0 pips enhance cost efficiency.

RLION combines accessibility, regulatory compliance, comprehensive support, and educational resources to create a platform that caters to traders of all levels.

Regulatory Status

LION operates as a regulated entity in the financial sector, adhering to stringent regulatory standards set forth by several reputable authorities. This commitment to regulatory compliance ensures a secure and accountable trading environment for its clients. Here is an overview of LION's regulatory status:

SFC (Securities and Futures Commission) - Futures Contracts Regulation:LION is regulated by the Securities and Futures Commission (SFC) in Hong Kong for its activities related to futures contracts. This regulation signifies LION's compliance with the regulatory framework governing futures trading, providing assurance to traders regarding the broker's adherence to industry standards and best practices.

CIMA (Cayman Islands Monetary Authority) - Offshore Regulation:LION is regulated by the Cayman Islands Monetary Authority (CIMA). As an offshore regulatory authority, CIMA oversees financial activities within the Cayman Islands jurisdiction. While offshore regulation can vary in stringency compared to major financial centers, it still imposes essential standards on financial entities like LION.

MAS (Monetary Authority of Singapore) Regulation:LION is regulated by the Monetary Authority of Singapore (MAS). MAS is the central bank and financial regulatory authority in Singapore, responsible for overseeing and regulating financial activities in the country. Regulation by MAS underscores LION's commitment to compliance with Singapore's financial laws and regulations.

SFC - Dealing in Securities (Exceeded Regulation):In addition to its regulation by the SFC for futures contracts, LION has also exceeded the regulatory requirements of the Securities and Futures Commission for dealing in securities.

Being regulated by multiple reputable authorities provides traders with confidence in the broker's operations, ensuring that it operates within a framework designed to protect investors and maintain the integrity of the financial markets.

Pros and Cons

Pros	Cons
Low Minimum Deposit	Limited Educational Resources
High Maximum Leverage:	Limited Account Types
Competitive Spreads	Limited Payment Methods
Diverse Tradable Assets	Limited Transparency on Islamic Accounts
Versatile Trading Platforms

Pros:

• Low Minimum Deposit: LION offers accessibility to a wide range of traders with its low minimum deposit requirement of $100. This allows both new and experienced traders to get started with a relatively small investment.

• High Leverage: The broker provides a substantial maximum leverage of 1:500. This high leverage can amplify trading potential, enabling traders to control larger positions with a relatively smaller amount of capital.

• Competitive Spreads: LION offers competitive spreads starting from 0.0 pips. Competitive spreads reduce trading costs, which can be advantageous for traders looking to maximize their profits.

• Diverse Tradable Assets: Traders have access to a wide range of tradable assets on LION's platform, including Forex, commodities, indices, and cryptocurrencies. This diversity allows traders to diversify their portfolios and explore various global markets.

• Versatile Trading Platforms: LION provides both web-based and mobile trading platforms, catering to traders' preferences for where and how they execute their trades. This versatility ensures convenience and flexibility.

Cons:

• Limited Educational Resources: LION may have limited educational materials available for traders seeking comprehensive learning opportunities. More extensive educational content could enhance the trading experience.

• Limited Account Types: While LION offers a range of account types, the variety may be limited compared to some other brokers. Traders with specific requirements for account types may find options constrained.

• Limited Payment Methods: The availability of payment methods for deposits and withdrawals on LION's platform may be restricted. This could inconvenience traders who require specific payment options.

• Limited Transparency on Islamic Accounts: Information regarding Islamic accounts, which adhere to Islamic finance principles, is not readily available. Traders who require Sharia-compliant accounts may find it challenging to determine if such accounts are offered.

Market Instruments

LION offers a diverse range of financial products for traders to access and trade on their platform. These products span various asset classes, providing traders with opportunities to diversify their portfolios and explore global markets. Here's a concrete description of the products offered by LION:

1. Forex (Foreign Exchange): LION facilitates trading in the Forex market, the world's largest financial market. Traders can engage in the buying and selling of currency pairs, such as EUR/USD, GBP/JPY, or USD/JPY. Forex trading allows participants to speculate on the exchange rate movements between different currencies.

2. Commodities: Traders on the LION platform have access to trading commodities. These physical assets include precious metals like gold and silver, energy resources like oil and natural gas, and agricultural products like wheat and coffee. Commodity trading enables investors to capitalize on price fluctuations in these essential global resources.

3. Indices: LION provides opportunities to trade on indices. These are measures of the performance of groups of stocks or bonds. Traders can speculate on the overall performance of specific indices, such as the S&P 500 or the FTSE 100, without trading individual stocks.

4. Cryptocurrencies: LION allows traders to participate in the cryptocurrency market. Cryptocurrencies are digital currencies created using blockchain technology. Popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) are available for trading. Traders can take advantage of the price volatility in the cryptocurrency market.

These products collectively offer a wide spectrum of trading opportunities for LION's clients. Traders can choose from these asset classes based on their preferences, risk tolerance, and market outlook, allowing for diversified investment strategies within a single platform. Additionally, the competitive spreads and leverage options further enhance the attractiveness of these trading products on the LION platform.

Account Types

LION offers three types of trading accounts: standard account, professional account, and ECN account. All accounts offer attractive trading conditions and provide a wide range of base currencies to suit the preferences of different traders.

Traders can select the account type that aligns with their trading strategy and enjoy competitive spreads and high leverage for enhanced trading opportunities.

Account type	Minimum deposit	Spreads	Leverage	Trading products	Additional features
Standard	$100	From 0.0 pips	1:500	Forex, commodities, indices, and stocks	None
Professional	$500	From 0.0 pips	1:500	Forex, commodities, indices, and stocks	No trading commissions and higher leverage
ECN	$1,000	From 0.0 pips	1:500	Forex, commodities, indices, and stocks	Most competitive spreads and execution speeds

How to Open an Account？

To open an account with LION, follow these concrete steps:

1. Access the Registration Page: Look for the “Register” or “Open Account” button and click on it to initiate the account creation process.

2. Provide Personal Information:

1. Begin by entering your full name in the designated field.

2. Input your email address to create a unique login ID for your account.

3. Enter your mobile number, including the country code (e.g., +84).

3. Review and Accept Agreements: Ensure you understand the terms and conditions outlined in these agreements.

4. Verification and Activation: You may be required to verify your email address and mobile number to activate your account. Follow any verification instructions provided by LION to complete this process.

5. Begin Trading: Once your account is funded, you can start exploring the platform, accessing educational resources, and executing trades in the financial markets.

Leverage

LION offers its traders a maximum leverage of 1:500. Maximum leverage represents the ratio of the trader's own capital to the borrowed funds provided by the broker. In this case, for every $1 of the trader's own capital, they can control a trading position of up to $500.

High leverage, such as 1:500, can be advantageous for traders looking to magnify their trading positions and potentially increase their profits.

Trading product	Leverage
Forex	1:500
Commodities	1:500
Indices	1:500
Stocks	1:500

Spreads & Commissions

LION offers three account types: Standard, Professional, and ECN. The spreads and additional fees for each account type are as follows:

Standard Account: The Standard Account has spreads from 0.0 pips. For forex currency pairs, spreads are typically between 0.0 pips and 1.0 pips. For commodities, indices, and stocks, spreads are typically between 0.1 pips and 1.0 pips. The Standard Account does not charge any additional fees.

Professional Account: The Professional Account has spreads from 0.0 pips. For forex currency pairs, spreads are typically between 0.0 pips and 0.5 pips. For commodities, indices, and stocks, spreads are typically between 0.05 pips and 0.5 pips. The Professional Account does not charge any additional fees.

ECN Account: The ECN Account has spreads from 0.0 pips. For forex currency pairs, spreads are typically between 0.0 pips and 0.2 pips. For commodities, indices, and stocks, spreads are typically between 0.05 pips and 0.2 pips. The ECN Account charges a small commission, the amount of which depends on the trading product and the trading volume.

Account type	Spreads	Additional fees
Standard	From 0.0 pips	None
Professional	From 0.0 pips	None
ECN	From 0.0 pips	Small commission, depending on trading product and volume

Trading Platform

LION offers two trading platforms and tools to facilitate the intuitive execution of trading strategies on industry-leading platforms.

1. MetaTrader 4 Platform: LION provides access to the popular MetaTrader 4 platform, which offers a user-friendly interface and advanced features for seamless trading experiences. Traders can utilize its comprehensive charting tools, technical indicators, and Expert Advisors (EAs) to enhance their trading strategies.

2. MetaTrader 5 Platform: Additionally, LION offers the MetaTrader 5 platform, an advanced version of MT4 with enhanced functionalities. MT5 provides more timeframes, additional technical indicators, and support for trading a wider range of financial instruments.

Deposit & Withdrawal

LION makes it simple to move your money from place to place. They provide a range of account funding and account withdrawal options in multiple base currencies.

Payment method	Processing time (deposits)	Processing time (withdrawals)	Accepted currencies	Fees
Credit/debit cards	Instant	Up to 3 business days	USD, EUR, GBP, AUD, JPY	None
Bank transfers	Up to 3 business days	Up to 5 business days	USD, EUR, GBP, AUD, JPY	May vary depending on the bank
E-wallets	Instant	Up to 24 hours	USD, EUR, GBP, AUD, JPY	May vary depending on the e-wallet
Global ACH	Up to 3 business days	Up to 3 business days	USD, EUR, GBP, AUD, JPY	May vary depending on the bank

Customer Support

LION provides comprehensive customer support to assist traders with their inquiries, and concerns:

• Live Chat: LION offers a live chat feature, allowing traders to engage in real-time text-based conversations with customer support representatives. This instant communication method is often preferred for quick inquiries and problem resolution.

• Email: Traders can also contact LION's customer support via email. Email support provides a written record of interactions and is suitable for more detailed inquiries or issues that may require documentation.

• Phone: For those who prefer voice communication, LION offers phone support. Traders can call the provided phone number to speak directly with customer support representatives, facilitating immediate assistance and clarification.

Educational Resources

LION offers a range of educational resources to assist traders in making informed decisions:

1. Webinars: LION provides live webinars conducted by experienced traders and financial experts. These webinars cover a wide range of topics, including market analysis, trading strategies, risk management, and more. Webinars offer traders the opportunity to learn from professionals in real time and engage in interactive Q&A sessions.

2. Tutorials: LION offers comprehensive tutorials that cater to traders of all levels, from beginners to experienced traders. These tutorials typically cover essential trading concepts, platform navigation, order execution, and other fundamental aspects of trading. Tutorials serve as a valuable resource for those looking to build a solid foundation in trading.

3. Articles: The broker publishes articles on various financial and trading topics. These articles provide in-depth insights into market trends, analysis, and trading strategies. Traders can access articles to stay informed about current events and trends affecting the financial markets.

4. E-books: LION offers e-books that delve deeper into specific trading subjects. These e-books are typically more extensive than articles and provide a more comprehensive understanding of topics such as technical analysis, chart patterns, risk management, and more. E-books are valuable resources for traders looking for in-depth knowledge.

Conclusion

In conclusion, LION offers several notable advantages, including a low minimum deposit requirement, high maximum leverage, competitive spreads, a diverse range of tradable assets, and versatile trading platforms that cater to traders' preferences. However, there are also certain limitations, such as limited educational resources, account types, and payment methods. Additionally, the transparency regarding Islamic accounts and potential regulatory complexities could pose challenges for specific traders.

Overall, LION presents an opportunity for traders to access global financial markets with favorable conditions but may require traders to seek additional educational resources independently and carefully consider their account needs and payment preferences.

FAQs

Q: What is the minimum deposit requirement to start trading with LION？

A: To commence trading on the LION platform, you need a minimum deposit of $100. This accessibility allows traders with varying capital levels to participate in the financial markets.

Q: Can I access educational materials to enhance my trading knowledge with LION？

A: Yes, LION provides a range of educational resources, including webinars, tutorials, articles, and e-books. These resources are designed to help traders improve their understanding of the markets and trading strategies.

Q: Is there a demo account available on LION's platform？

A: Indeed, LION offers a demo account, allowing traders to practice and refine their trading strategies without risking real capital. It's a risk-free way to get accustomed to the platform and test trading approaches.

Q: How can I contact LION's customer support if I have questions or need assistance？

A: LION provides customer support through various channels, including live chat, email, and phone. Traders can access support during trading hours to address inquiries or seek assistance with their trading activities.

Q: Does LION offer a copy trading tool for traders interested in automated trading strategies？

A: Specific details about a copy trading tool on LION's platform are not specified in the provided information. It's recommended to check with LION directly or visit their website for the most up-to-date information on available trading tools.

Q: Are there any bonuses or promotional offers available to traders on LION？

A: Information regarding bonuses or promotional offers is not provided in the available data. Traders interested in potential bonuses should refer to LION's official website or contact their customer support for relevant details.