Company Summary
| LARIOX Review Summary | |
| Founded | 2019-02-04 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex/Commodities/Shares/Futures/Indices/Stocks/Metals |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0.6 pips |
| Trading Platform | MT4(Windows/iOS/Android/Web) |
| Min Deposit | $10 |
| Customer Support | Live chat |
LARIOX Information
Lariox is an online Forex and cryptocurrency STP broker. The tradable instruments with a maximum leverage of 1:500 include forex, commodities, shares, futures, indices, stocks, and metals. The broker also provides three accounts and an MT4 platform. The minimum spread is 0.6 pips, and the minimum deposit is $10. LARIOX is still risky due to its unregulated status and bad reviews about difficulty withdrawing money.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:500 | Unregulated |
| 24/7 customer support | Inaccessible official website |
| MT4 available | Negative comments about difficulty in withdrawal |
| Spread as low as 0.6 pips | Unspecific transfer time and fee information |
| Demo account available | |
| Various tradable instruments | |
| Swap free |
Is LARIOX Legit?
LARIOX is not regulated, making it less safe than regulated brokers.
What Can I Trade on LARIOX?
LARIOX offers various market instruments, including forex, commodities, shares, futures, 10 indices, stocks, and metals.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
| Futures | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Metals | ✔ |
| Cryptocurrencies | ❌ |
| Precious | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
LARIOX has three account types: standard, ECN, andscalper. Traders who want low spreads and leverage can choose a scalper account, while those with a small budget can open a standard account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
| Account Type | Standard | ECN | Scalper |
| Min Deposit | $10 | $50 | $200 |
| Leverage | 1:500 | 1:500 | 1:200 |
| Spread | 1.2 | 0.6 | 0.6 |
| Stop Out Level | 20% | 20% | 20% |
| Maximum Order | No limit | No limit | No limit |
| Swap free | ✔ | ✔ | ✔ |
| Commission | - | $7 | - |
LARIOX Fees
The spread is from 0.6 pips. The swap is free. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Trading Platform
LARIOX cooperates with the authoritative MT4 trading platform available on Windows, iOS, Android, and the web to trade. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows/iOS/Android/Web | Junior traders |
Deposit and Withdrawal
The minimum deposit is $10. LARIOX accepts Visa, MasterCard, Wire transfer, and Bitcoin for deposit and withdrawal. However, the official website is inaccessible, so transfer processing times and associated fees are unknown.
