Score
LonMarkets
Saint Lucia|2-5 years| https://www.lonmarkets.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
White Label
United KingdomContact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+90 212 271 00 61
Other ways of contact
Broker Information
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LonMarkets
LonMarkets
Saint Lucia
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
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| Maximum Leverage | 1:1000 |
| Minimum Deposit | -- |
| Minimum Spread | -- |
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| Minimum Position | -- |
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| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
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| Maximum Leverage | 1:1000 |
| Minimum Deposit | -- |
| Minimum Spread | 0.4 |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
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| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
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| Maximum Leverage | 1:1000 |
| Minimum Deposit | -- |
| Minimum Spread | 1.5 |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
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| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
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| Maximum Leverage | 1:1000 |
| Minimum Deposit | -- |
| Minimum Spread | 1.0 |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
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| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
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| Maximum Leverage | 1:1000 |
| Minimum Deposit | -- |
| Minimum Spread | 0.0 |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
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| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | $ 10 |
- Fundamental Item(A)
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- Non-Fixed Capital(A)+(B)-(C)=(D)
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- Underlying Risk
Capital
$(USD)
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LonMarkets · Company Summary
| LONMARKETS Review Summary | |
| Founded | 2-5 years |
| Registered Country/Region | Bulgaria |
| Regulation | Unregulated |
| Market Instruments | Forex, indices, commodities, stocks, cryptocurrencies |
| Demo Account | Available |
| Leverage | 1:1000 |
| Spread | 1.0 pips (Standard account) |
| Trading Platform | MT5 for desktop, android, iOS and Webtrader |
| Min Deposit | 1000 USD |
| Customer Support | Phone: +359879919954 |
| Email: support@lonmarkets.com | |
| FAQ pagehttps://www.lonmarkets.com/ | |
LONMARKETS Information
LONMARKETS is a financial trading platform that offers Raw, Standard, VIP, and Cryptor accounts. It supports diverse deposits, with high leverage (1:1000) and generous bonuses. It uses platforms such as MT5 and WebTrader to enhance the trading experience. But it lacks effective supervision.
Pros and Cons
| Pros | Cons |
| Offers diverse account types | Lacks valid regulation |
| High leverage up to 1:1000 | |
| Various trading platforms available | |
| No deposit and withdrawal fees | |
| Wide range of payment methods |
Is LONMARKETS Legit?
LONMARKETS provides SSL encryption for new traders, while implements funds segregation measures for experienced traders.
However, LONMARKETS is not currently under an effective regulatory framework, which indicates that its operating activities are not subject to the supervision and regulation of any government or formal financial institution.
What Can I Trade on LONMARKETS?
LONMARKETS offers traders the opportunity totrade Forex, Indices and commodities, Stock , and Cryptocurrency.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Currencies | ❌ |
| Crypto currencies | ✔ |
| Indices | ✔ |
| bonds | ❌ |
| Binary Options | ❌ |
| Mutual Funds | ❌ |
| Futures | ❌ |
Account Types
LONMARKETSoffers five live account types: Raw, Standard, Fixed, VIP, and Crypto.
All of these accounts require a minimum deposit of $1,000 to ensure a certain level of commitment from traders.
LONMARKETS also offers a demo account.
The Raw and Standard account are suitable for traditional retail investors, which offer consistent spreads; The VIP account is for high volume traders; The Crypto account meets cryptocurrency trading needs.
Leverage
LONMARKETS offers leverage of up to 1:1000, allowing traders to control a position hundreds of times greater than the initial investment, bringing huge profit opportunities. But high leverage increases both profits and risks and needs to be used with caution.
LONMARKETS Fees
LONMARKETS sets spreads and commissions according to the type of account to meet different needs.
The spread for Raw account is as low as 0.0 pip, but the commission is $10;
The spread is 1.0 pip for the Standard account, 1.5 pips for the Fixed account, and 0.4 pips for the VIP account, while the commission of these three accounts is free. The Crypto account provides raw spreads and is suitable for cryptocurrency trading.
| Account Type | Spread | Commission |
| Raw | 0.0 pips | $10.00 |
| Standard | 1.0 pips | No commission |
| Fixed | 1.5 pips | |
| Vip | 0.4 pips | |
| Crypto | raw |
Trading Platform
MetaTrader 5 (MT5) is the main one chosen by LONMARKETS to serve clients of different preferences.
In addition, LONMARKETS offers the WebTrader platform, which allows instant online access to global markets without the need to download or install any additional software.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 5 (MT5) | ✔ | desktops, Android, and iOS | Investors who prefer charting, technical analysis, and automated trading levels |
| WebTrader | ✔ | desktops, Android, and iOS | Investors of all experience levels |
Deposit and Withdrawal
LONMARKETS shows a high degree of flexibility and convenience in financial transactions, accepting a variety of payment methods including e-wallets such as Skrill and Netelle, Bank transfer, Local transfer, and credit card systems like MasterCard and Visa, without any deposit or withdrawal fees.
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