Loboex Spreads, leverage, minimum deposit Revealed

WikiFX | 2023-12-14 23:00

Abstract：Loboex is an unregulated broker based in China that offers trading opportunities in cryptocurrencies, forex, commodities, indices, and stocks. They provide two account types: a Firm Account for trading various financial instruments and a Mock Account for simulated trading. Loboex offers a web trader platform, multiple deposit and withdrawal options, and customer support through live chat. However, there are concerns about the platform's reliability and user experience, as some users have reported difficulties with the withdrawal process and expressed disappointment with the lack of crucial information on the website.

Loboex Review Summary
Founded	2011
Registered Country/Region	Within 1 year
Regulation	Not regulated
Market Instruments	Cryptocurrencies, Forex, Commodities, Indices, Stocks, Other Instruments
Demo Account	Available
Leverage	N/A
Spread	N/A
Trading Platform	Web trader
Min Deposit	N/A
Customer Support	A live chat on the official website

Loboex Information

　　Loboex is a China-based broker that offers trading opportunities in various financial instruments, including cryptocurrencies, forex, commodities, indices, stocks and other unspecified instruments. Brokers offer two types of accounts: live and demo accounts. The platform offers a variety of deposit and withdrawal options, including various cryptocurrencies and digital addresses. Loboex provides Web trader platform, accessed via a web browser, allowing users to trade cryptocurrencies and digital assets directly on the platform.

Pros and Cons

Pros	Cons
Offers various market instruments	Lacks recognized regulation
Provides access to global exchanges	Limited account types
Available Demo account	Vague trading fees and conditions on the official website
User-friendly web trader platform	Inadequate customer support

Is Loboex Legit?

　　Loboex does not possess any recognized regulations at present.

What Can I Trade on Loboex?

　　Loboex offers traders the opportunity to trade Stocks, Indices, commodities, Cryptocurrencies and so on.

　　Cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano (ADA), Stellar (XLM), Waves (WAVES), and VeChain (VET) etc.

　　Forex: AUD/USD, GBP/USD, EUR/USD, USD/CAD, and USD/CHF, EUR/GBP and AUD/CAD etc..

　　Commodities: gold (AU), silver (AG), platinum (PD), and crude oil (CL) etc.

　　Indices: SN_HF_CT, SN_HF_HG, SN_HF_CAD, SN_HF_AHD etc.

　　Other Instruments: Tezos (XTZ), Chainlink (LINK), Qtum (QTUM) etc.

Tradable Instruments	Supported
Commodities	✔
Indices	✔
Crypto currencies	✔
Stocks	✔
Precious metals	❌
Energy products	❌
Mutual Funds	❌
Futures	❌

Account Types

　　First of all, a demo account is available. In the demo account, the user's available margin is $10,000.00 and the account equity is $10,000.

　　Besides, clients can open a real account on its official website.

Trading Platform

　　Web trader is chosen by Loboex.

Trading Platform	Supported	Available Devices	Suitable for
Web trader	✔	Windows, MAC, IOS, Android	Investors of all experience levels

Deposit and Withdrawal

　　Withdraw funds, including USDT, Global Pay, DPAY, CYKJ, Huobi Global, CoinCola, OKEX, Bank cards, as well as TRC-20, ETH, ETH, USDT and other digital addresses.

　　The platform has a minimum withdrawal of $100 and charges a 3% commission.