LotsFX

General Information & Regulation

Founded in 2018, LotsFX is a CFD provider based in London, UK, offering investors a wide range of trading accounts with low spreads and zero commissions.LotsFX is not currently subject to any effective regulation.

Market Instruments

LotsFX offers investors a range of financial instruments, including forex currency pairs, CFDs, commodities, stocks, indices, and cryptocurrencies.

Minimum Deposit

LotsFX offers investors five different types of accounts to meet different investors' investment needs and trading experience. The five types of accounts are Bronze (initial deposit of $100), Silver (initial deposit of $500), Gold (initial deposit of $2,000), Platinum (initial deposit of $5,000), and VIP (initial deposit of $10,000).

LotsFX Leverage

Trading leverage vary depending on different trading accounts. The trading leverage is 1:100 for Bronze, 1:200 for Silver, up to 1:300 for Gold, up to 1:400 for Platinum, and up to 1:500 for VIP accounts.

Spreads & Commissions

Trading Platforms

LotsFX offers traders a web-based trading platform developed by itself, as well as an MT4 platform provided by a third party.

Deposit & Withdrawal

Three credit/debit card logos are listed in LotsFX official website, including Visa, Mastercard, Maestro.

LotsFX Disadvantages Include:

1. False regulation

2. No information about spreads & commissions

3. Excessive leverage on gold, platinum, and VIP accounts

4. Non-primary standard MT4 trading platform

5. No information on deposit and withdrawal methods