Rating Index
Pros
Limited information is available about their services, which may appeal to traders seeking less mainstream options.
The broker has been operational for 5 to 10 years, suggesting some level of experience in the market.
The broker may offer competitive spreads and trading conditions, typical of many forex brokers.
Cons
LNF operates with a suspicious regulatory license, identified as a clone firm, raising significant concerns about its legitimacy.
The broker's contact information is limited, lacking direct phone support and providing only an email address for customer inquiries.
Field surveys have shown that the company does not have a physical presence at its claimed address, indicating potential issues with transparency and trustworthiness.
LNF broker Accounts
LN Finvest Account Type
LN Finvest offers a variety of trading account types designed to cater to different trading needs and preferences. The main account types include:
- Standard Account
- Minimum Deposit: $25
- Leverage: Up to 1:2000 for major and minor FX pairs, precious metals, and commodities.
- Commission: $0
- Spreads: As low as 1.5 pips.
- Trading Instruments: Major FX pairs, minor FX pairs, exotic FX pairs, precious metals, commodities, index CFDs, crypto CFDs, and stock CFDs.
- Prime Account
- Minimum Deposit: $200
- Leverage: Up to 1:2000 for major and minor FX pairs, precious metals, and commodities.
- Commission: $8 per lot.
- Spreads: As low as 0.0 pips.
- Trading Instruments: Same as Standard Account.
- Pro Account
- Minimum Deposit: $10,000
- Leverage: Up to 1:2000 for major and minor FX pairs, precious metals, and commodities.
- Commission: $4 per lot.
- Spreads: As low as 0.0 pips.
- Trading Instruments: Same as Standard Account.
- Submit the Account Opening Form
- Fill out the form with mandated identity and address proofs.
- Verification Process
- Complete the verification over the phone.
- Account Access
- After successful verification, you will receive a unique ID and password to access your account.
- Link Your Demat Account
- Connect your demat account with your online trading account for seamless trading.
All accounts allow scalping and hedging, with a margin call level of 50% and a stop-out level of 25%.
LN Finvest Broker Account Opening Process
Opening an account with LN Finvest is a straightforward and efficient process. Follow these steps to get started:
By following these steps, you can quickly set up your trading account and start trading with LN Finvest. For more details, visit LN Finvest.
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