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Pros

Regulated by reputable authorities such as SFC (Hong Kong) and MAS (Singapore), providing a level of credibility.
Offers a wide range of financial products, including forex, securities, and futures, catering to various trading preferences.
Multiple trading platforms available, including MT4 and MT5, allowing for flexibility and accessibility for traders.

Cons

Holds an offshore license from CIMA, which may raise concerns about regulatory oversight and investor protection.
Reports of withdrawal issues and customer complaints indicate potential reliability problems.
High minimum deposit requirements for certain account types may deter new or smaller investors.

LION broker Accounts

LION Brokers Account Type

LION Brokers offers various account types to cater to different trading needs:

  1. Standard Account
  • Minimum Deposit: $200
  • Spread: From 1.5 to 2.5 pips
  • Leverage: Up to 1:400
  • Hedging: Available
  1. VIP Account
  • Minimum Deposit: $100,000
  • Spread: Approximately 0.5 pips
  • Leverage: Up to 1:400
  • Hedging: Available
  1. Brokerage Account
  • Minimum Deposit: $250
  • Spread: From 1.3 pips
  • Leverage: Up to 1:100
  1. Platinum Savings Account
  • Minimum Deposit: $2,500
  • Spread: From 0.1 pips
  • Leverage: Up to 1:100
  1. Core Portfolios Account
  • Minimum Deposit: $10,000
  • Spread: From 1.5 pips

Trading Instruments Available: Forex pairs, CFDs, futures, and stock CFDs.

LION Brokers Broker Account Opening Process

To open an account with LION Brokers, follow these steps:

  1. Visit the Website:
  • Go to the official LION Brokers website.
  1. Register:
  • Click on the "Open an Account" button.
  • Fill out the registration form with your personal details.
  1. Verification:
  • After registration, verify your account by providing necessary identification documents such as a passport or utility bill.
  1. Deposit Funds:
  • Make your initial deposit based on the account type you choose. The minimum deposit varies from $200 to $10,000 depending on the account.
  1. Start Trading:
  • Once your account is verified and funded, you can log in to the trading platform and start trading.

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LION accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
LION Account