Abstract:Lilium is an online forex broker, a trading brand provided by Lilium Markets Ltd. Lilium Markets Ltd is a company headquartered in the United Kingdom, and this company is authorized and supervised by the Financial Conduct Authority (FCA) with license number 913607.
General Information & Regulation
Lilium is an online forex broker, a trading brand provided by Lilium Markets Ltd. Lilium Markets Ltd is a company headquartered in the United Kingdom, and this company is authorized and supervised by the Financial Conduct Authority (FCA) with license number 913607.
Market Instruments
Tradable financial instruments available on the Lilium platform include popular currency pairs, a series of CFD products on indices, gold and silver, oil, stocks, and more.
Minimum Deposit
In terms of the minimum initial deposit, Lilium does not disclose this part. In most cases, most brokers require traders to fund at least $100 or the equivalent amount to start trading.
Leverage
No trading leverage information is found on the Lilium official website.
Spreads & Commissions
Lilium promises it offers highly competitive spreads, and it does not specify spreads on particular instruments.
Trading Platform Available
When it comes to trading platforms available, what Lilium offers is not the widely used and industry-recognized MT4 or MT5 trading platform. It uses a proprietary platform maybe.
Deposit & Withdrawal
The minimum deposit remains unknown, and Lilium does not tell us what payment methods it works with. Some commonly used funding options accepted by most brokers are Credit/Debit Card (Visa, MasterCard, Maestro), Wire Transfer, as well as some online payment processors, including Skrill and Neteller.
Customer Service
The Lilium customer support can be reached 24/5 through telephone: +44731697006, email: support@lilium-markets.com and this company is also on some social media platforms, like Facebook, Twitter, and Youtube.
T4Trade, established in 2021 and regulated by the FSA in the Seychelles, allows trading on a modest portfolio of over 300 instruments, spanning forex, metals, indices, commodities, futures, and shares, all accessible via the popular MetaTrader 4 and their proprietary WebTrader platforms. Notably, T4Trade offers a zero-commissions pricing model where both floating and fixed spreads are offered on its MetaTrader—flexible leverage up to 1000:1 to increase trading flexibility. T4Trade also introduces a copy trading service called “TradeCopier”, which enables traders who lack experience or time to join in the markets by copying the trades of seasoned professionals.
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This article evaluates the broker from multiple dimensions, including a basic introduction, fees, safety, account opening, and trading platforms.
This article evaluates the broker from multiple dimensions, including a basic introduction, fees, safety, account opening, and trading platforms.