Abstract:Loxdon Markets is allegedly a broker based in Saint Vincent and the Grenadines that provides its clients with the worlds most popular MetaTrader5 platform, leverage up to 1:400 and low spreads on over 100 tradable assets. The broker claims that it is committed to helping traders make the right investments and make their dreams come true.
General Information
Loxdon Markets is allegedly a broker based in Saint Vincent and the Grenadines that provides its clients with the worlds most popular MetaTrader5 platform, leverage up to 1:400 and low spreads on over 100 tradable assets. The broker claims that it is committed to helping traders make the right investments and make their dreams come true.
Market Instruments
Loxdon Markets advertises that it offers more than 100 trading instruments in financial markets, which include but are not limited to forex, stocks, commodities, energies, precious metals and cryptocurrencies.
Account Types
There are two basic trading accounts offered by Loxdon Markets, namely demo and real accounts. Clients on demo accounts will be given $100,000 virtual money to have a trade. Besides, it also offers a Swap-Free account, on which traders can start trading immediately and exempt from the overnight transaction interest.
Leverage
The maximum leverage ratio provided by Loxdon Markets is much higher than most brokers, up to 1:400. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads
According to the information displayed on the Internet, the spread for the major currency pair-EUR/USD seems to start at 0.5 pips.
Trading Platform Available
When it comes to trading platforms available,Loxdon Markets gives traders the worlds most widely-used MetaTrader5 platform, available on windows, iOS and Android. MT5 is known as one of the most successful, efficient, and competent forex trading software, featuring with user-friendly interface, ease account switching, brand new analytical and graphical indicators and secure infrastructure. While with MT5 on mobile devices, traders can manage and track their transactions from anywhere and at any time.
Calculation Tools
Loxdon Markets offers two kinds of calculation tools, including Margin Calculator and Profit Calculator. The broker advertises that the Margin Calculator can be used to calculate the amount traders trade and then calculate their profit. While the Profit calculator calculates the potential earning that can be achieved through the leverage amount at the target level and fund size, after investing in a product in leveraged markets.
Deposit & Withdrawal
Loxdon Markets doesn‘t disclose any information about deposit or withdrawal methods, the only information we get from this broker’s official website is that it provides its clients with 24×6 deposit and withdrawal service.
Customer Support
Loxdon Markets customer support can be reached through telephone: 38269203003, email: info@loxdonmarkets.com. Besides, you can also follow this broker on some social media platforms like Facebook, YouTube, Twitter and Instagram. Company address: St. Vincent & the Grenadines Maritime Administration 75.
Are you thinking about investing in Globalmarketsbull or Cryptoclubmarket? Think again! The Financial Conduct Authority (FCA) issued a warning about these two firms. Here are the details of these unlicensed brokers.
Understanding why educated individuals fall victim to scams serves as a stark reminder for all traders to remain vigilant, exercise due diligence, and keep emotions firmly in check.
In this article, we will conduct a comprehensive examination of Lirunex, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
Italy’s CONSOB ordered seven unauthorized investment websites blocked, urging investors to exercise caution to avoid fraud. Learn more about their latest actions.