Lion Markets Review – You might have got scammed..
There are many excellent brokers out there, but many simply aren’t worth your time or money. Unfortunately, a few brokers tend to launch, take money and then disappear months later. Lion Markets looked like it could be a real hit when it first launched just a while back. Unfortunately, the Forex broker has turned out to be a major disappointment. What is Lion Markets all about and should you consider signing up with this broker? You’ll find the answers to these questions below.
LionMarkets, a binary options broker, was established in 2016, offering investors what is known as the “SpotOption” trading system, an innovative, intuitive program that includes several binary options for trading stocks and commodities.
Headquartered in Edinburgh, Scotland, Advanced Innovated Securities Limited offers its clients with flexible time frames that range from 30 minutes up to 60 minutes, as well as payouts up to 89%.
You should realize that Lion Markets wasn’t a total bust. The broker does have a few perks. For starters, the broker offers very low minimums. This helps to ensure that almost everyone can get started with this company. Even if you have a very limited amount of money, you should have little to no problem getting started. This broker has a minimum deposit of $250. This isn’t too bad. Simultaneously, users will need to make a minimum trade of $10.
Even if you have a limited amount of money, you shouldn’t have too much trouble using this broker. Nevertheless, it might not be worth your time.
Another thing to remember is that many brokers are limited in terms of assets. This can be problematic, since a broker might not allow you to trade in the stocks and commodities that you wish. Or, they might be missing out on crypto currencies and traditional currencies. This is another category that Lion Markets did fairly well in. This company has a maximum of 140 assets. They offer a little bit of everything and will most likely be able to satisfy the needs of all traders.
Regardless of what you’re interested in trading, there is a good chance that Lion Markets will be able to meet your needs. Nevertheless, you might want to check before signing up.
Before getting in too far, it is essential to figure out precisely how much you’ll be able to receive for your successful investments. In this category, Lion Markets seems to be do a good job. The company offers a maximum payout of 89% on all successful trades. This is on par or higher than the alternatives. Unfortunately, there is one slight problem with this claim. A lot of users have been unable to get their money. The company has been slow about processing withdrawals and some consumers haven’t received their money at all!
So, the 89% figure is great. Sadly, it is unknown whether or not the company will actually deliver. By relying on the responses from past users, there is a good chance that the company will not.
Another thing to remember is that Lion Markets uses the Spot Option platform. This might not seem like a big deal, but it is in the long run. This specific platform is very popular and it is commonly utilized by Forex brokers. If you’ve traded Forex in the past, there is a good chance that you’re already familiarized yourself with this specific platform. With a few clicks of the mouse, you’ll be able to trade in stocks, commodities and currencies.
Even if you’ve never used Spot Option, you’ll still be able to figure it out pretty easily. It is uncomplicated and straightforward.
Unfortunately, there is one major problem associated with Lion Markets. The website has apparently shut down and many past users are still waiting to receive their money. Sadly, there is a good chance that these individuals will never get their money. If you’re willing to gamble it all on a shady Forex broker, you should try your luck with Lion Markets. However, if you want to avoid throwing away your money, you should run for the hills.
It is truly in your best interest to avoid Lion Markets like the plague! Find a company that is more reputable, so you do not get swindled out of your money.
Did you manage to withdraw profits with Lion Markets? Let me know in the comments below!