LION STOCK-Overview of Minimum Deposit, Leverage, Spreads

General Information

LION STOCK is allegedly an online trading company based in the Virgin Islands that provides its clients with leverage up to 1:100, attractive spreads, and a variety of tradable assets with three different account types and the worlds most popular MetaTrader4 trading platform, as well as a web-based platform called Status Trader.

Market Instruments

LION STOCK advertises that it offers an extensive range of trading instruments in financial markets, including more than 50 forex pairs and multiple CFDs on indices, shares, cryptocurrencies, commodities and precious metals.

Account Types

There are three live trading accounts offered by LION STOCK, namely Brokerage Account, Core Portfolios Account and Platinum Savings Account. Opening a Brokerage Account requires the minimum initial deposit amount of $/€/£250, while the other two account types with the much higher minimum initial capital requirements of $/€/£2,500 and $/€/£10,000 respectively.

Leverage

The maximum leverage ratio provided by LION STOCK is up to 1:100. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

Spreads are influenced by what type of accounts traders are holding. LION STOCK reveals that the spreads on the Brokerage Account start from 1.3 pips, the clients on the Core Portfolios Account can experience spreads from 1.5 pips, while the Platinum Savings Account can enjoy the lowest spreads from 0.1 pips.

Trading Platform Available

When it comes to trading platforms available,LION STOCK gives traders two choices: Metatrader4 and a web-based platform called Status Trader. MT4 is known as one of the most successful, efficient, and competent forex trading software. While the Status Trader trading platform looks quite simple, just as the following screenshot shows.

Deposit & Withdrawal

LION STOCK accepts deposits and withdrawals with credit/debit cards, wire transfers and cryptocurrencies of Bitcoin. The minimum deposit requirement is $250, while the minimum withdrawal amount is $250 for wire transfers with a fee of $50 and $100 for credit/debit cards with a fee of $25.

Bonus & Fees

Also, LION STOCK will charge some fees. An account becomes dormant after 6 months of inactivity and will be charged an inactivity fee of 10% monthly. Besides, the broker will levy a 10% fee on every amount you attempt to withdraw, unless you have traded your deposit at least 200 times. No bonuses are offered, but it reserves the right to run promotions in the future. It will specify a minimum trading volume requirements, which equals 25 times the amount of bonus plus the deposit made.

Customer Support

Company address: Intershore Chambers, Road Town, Tortola, British Virgin Islands. However, LION STOCK doesnt disclose other more direct contact information like telephone numbers or email while most brokers offer.