Lyova-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2022-07-01 21:31

Abstract：Launched in 2020, Lyova global Ltd is an online forex broker registered in the United State, offering its clients access to the worlds most trading platform-MT4, a wide range of trading instruments, leverage up to 1:500, as well as 24x5 multilingual customer support.

General Information

Launched in 2020, Lyova global Ltd is an online forex broker registered in the United State, offering its clients access to the worlds most trading platform-MT4, a wide range of trading instruments, leverage up to 1:500, as well as 24x5 multilingual customer support.

Is Dino Trading safe to trade with？

Whether or not the broker is legitimate or a fraud is one of the most frequently asked queries by newcomers. As for Dino Trading Ltd, it is authorized and regulated by the National Futures Association (NFA), with Regulatory License No. 0544563

, which demonstrates that it is a legal forex broker, at least.

Market Instruments

Three classes of trading instruments are available through this brokerage platform, including more than 60 currency pairs, Commodities (Gold, silver, and crude oil prices available) and 9 Indices.

Minimum Deposit

The minimum deposit to start trading with Dino Trading Ltd keep is $100, which which is a reasonable amount for most regular traders. Some big players in the forex industry like HotForex, XM offers micro accounts, only $5 is enough to start to invest with them.

Leverage

Leverage varies depending on what kind of clients you are. To ensure the security of the funds held by retail customers, the highest leverage that can be used is set at 1:30. On the other hand, professional customers can take advantage of leverage ratios as high as 1:500 once their level of expertise and experience has been verified. In addition to this, the leverage level is also dependent on the instrument that is being traded.

Spreads & Commissions

Lyova global Ltd says it offers a low-spread trading environment spreads as low as 0.6 pips. Spreads are used by many forex brokers in today's market to compute the total cost of trading; as a result, brokerages that offer competitive spreads have significant client demand.

Swaps

If you plan to maintain a trade overnight or for the long term, you should factor in the overnight fee charged by Forex.com. The swap fee charged by Lyova global Ltd is based on interbank exchange rates and a percentage that is specific to each instrument.

Trading Platform Available

Lyova global Ltd offers its clients access to the worlds most popular trading platform-MetaTrader 4, featuring multiple technical indicators, which enables traders to operate trading bots such as EA, study financial markets. Lyova MT4 can be accessed from any devices for you to trade anywhere, any time.

Deposit & Withdrawal

Concerning deposit and withdrawal, Lyova Global Ltd does not make this part clear. Some common and popular payment options supported by most forex brokers include Wire Transfer, MasterCard, VISA, Maestro, as well as a series of e-wallet processors like Skrill, Neteller, PayPal, and more. Fast Withdrawal is one of an essential factor to decide whether a forex broker is reliable or not.

Customer Support

A broker's ability to provide excellent customer service cannot be understated. With Lyova Global Ltd, customers can reach customer care by phone, live chat, call back service, or email with any trading-related issues.

E-mail: support@lyova-ltd.com

Leverage Broker Commission Currency Pair Dealer Forex trading Forex Broker

Related broker

No Regulation

LYOVA

Company name：LYOVA GLOBAL LTD

Score

1.49

Website：https://lyova-global.com/index1

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.49

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