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LonMarkets

Saint Lucia|2-5 years|
High potential risk|

https://www.lonmarkets.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

8
Server Name
LonMarkets-Demo MT5
Server Location United Kingdom

Contact

+90 212 271 00 61
support@lonmarkets.com
https://www.lonmarkets.com/
Fortgate Offshore Investment and Legal Services Ltd. Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+90 212 271 00 61

Other ways of contact

Broker Information

More

Company Name

LonMarkets

Abbreviation

LonMarkets

Platform registered country and region

Saint Lucia

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-11-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

LonMarkets · WikiFX Survey

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LonMarkets · Company Summary

LONMARKETS Review Summary
Founded2-5 years
Registered Country/RegionBulgaria
RegulationUnregulated
Market InstrumentsForex, indices, commodities, stocks, cryptocurrencies
Demo AccountAvailable
Leverage1:1000
Spread1.0 pips (Standard account)
Trading PlatformMT5 for desktop, android, iOS and Webtrader
Min Deposit1000 USD
Customer SupportPhone: +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.

LONMARKETS Information

Pros and Cons

ProsCons
Offers diverse account typesLacks 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.

Is LONMARKETS Legit?

What Can I Trade on LONMARKETS?

LONMARKETS offers traders the opportunity totrade Forex, Indices and commodities, Stock , and Cryptocurrency.

What Can I Trade on LONMARKETS?
Tradable InstrumentsSupported
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.

Account Types

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 TypeSpreadCommission
Raw0.0 pips$10.00
Standard1.0 pipsNo commission
Fixed1.5 pips
Vip0.4 pips
Cryptoraw

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 PlatformSupportedAvailable DevicesSuitable for
MetaTrader 5 (MT5)desktops, Android, and iOSInvestors who prefer charting, technical analysis, and automated trading levels
WebTraderdesktops, Android, and iOSInvestors of all experience levels
Trading Platform

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.

Review 4

4 Comments
Write a comment
All(4) Latest Positive(1) Exposure(3)
Exposure
londonex platform deliberately instructs to go command to negative tk.
Hello admin and all traders. I hope you approve the post so that you can stay away from the Londonex (lonmarket). From December 19 to now, nearly a week has passed, I still have not been angry and bitter about Londonex, especially the so-called senior experts Henry Nguyen and Quynh thy, their own experts. In just 2 weeks, I lost 400 million VND, the amount of money I have accumulated 2 VCs over 10 years working in the industry.... I was consulted by Khanh Ngan for soliciting and soliciting the dividend of the volkswagen car company ( vowg ). I am also a very careful person, I also check the information carefully, after a few months of offers and certain confirmations about profits, I have invested in capital. Initially, at 4000 usd, I thought the stock was safe, but after that, my own expert Quynh Thy said to surf Forex orders to increase the voltage. 1 day surfing profit is also 500usd but still many orders are negative thousands of usd. That's according to the instructions of the expert, after that, because of the negative balance, I was afraid of exceeding the amount of capital, so the expert told me to add more capital, so I was in the position of 8000 USD. I thought it was stable and I was tempted to surf, then it was negative, so I decided to cut my loss. After I did not listen and did not follow my own expert anymore, senior expert Henry Nguyen entered the guide and promised to take back the capital. But then the words are few but the status sound is a few k. I find myself being entered against the market trend. To protect my capital, I put it back in 4000 usd, total deposit 16k usd. And then he continued surfing to increase the capital price, thinking that he had to follow the plunge and was directed by the most senior expert, so he was assured, didn't expect a few thousand profit, but the negative status was 23k more than the capital. Henry Nguyen said I had to top up another 30,000 USD to remove the negative command, but I had no capital, so I had to accept it. I had to risk cutting all my losses and that night, there was news of market fluctuations. I risked buying gold in 5 pieces and making a profit of 8 thousand USD. I thought I was lucky to get rid of a little capital, but after experts Henry Nguyen and Quynh Thy said they would take back their capital and plan to buy VOWG shares to receive dividends on December 19, they only thought they would get their capital back but the floor was negative. trick yourself.
sonhoang
2022-12-25
No more
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