LARIOX Forex Broker

LARIOX Review SummaryFounded2019-02-04Registered Country/RegionSaint Vincent and the GrenadinesRegulationUnregulatedMarket InstrumentsForex/Commodities/Shares/Futures/Indices/Stocks/MetalsDemo Account✅LeverageUp to 1:500SpreadFrom 0.6 pipsTrading PlatformMT4(Windows/iOS/Android/Web)Min Deposit$10Customer SupportLive chatLARIOX Information Lariox is an online Forex and cryptocurrency STP broker. The tradable instruments with a maximum leverage of 1:500 include forex, commodities, shares, futures, indices, stocks, and metals. The broker also provides three accounts and an MT4 platform. The minimum spread is 0.6 pips, and the minimum deposit is $10. LARIOX is still risky due to its unregulated status and bad reviews about difficulty withdrawing money.Pros and ConsPros Cons Leverage up to 1:500Unregulated24/7 customer supportInaccessible official websiteMT4 availableNegative comments about difficulty in withdrawalSpread as low as 0.6 pipsUnspecific transfer time and fee informationDemo account availableVarious tradable instrumentsSwap freeIs LARIOX Legit? LARIOX is not regulated, making it less safe than regulated brokers.What Can I Trade on LARIOX? LARIOX offers various market instruments, including forex, commodities, shares, futures, 10 indices, stocks, and metals.Tradable Instruments Supported Forex✔Commodities✔Shares✔Futures✔Indices✔Stocks✔Metals✔Cryptocurrencies❌Precious❌ETFs❌Bonds❌Mutual Funds❌Account Type LARIOX has three account types: standard, ECN, andscalper. Traders who want low spreads and leverage can choose a scalper account, while those with a small budget can open a standard account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.Account Type StandardECNScalperMin Deposit$10$50$200Leverage1:5001:5001:200Spread1.20.60.6Stop Out Level20%20%20%Maximum OrderNo limitNo limitNo limitSwap free✔✔✔Commission-$7-LARIOX Fees The spread is from 0.6 pips. The swap is free. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.Trading Platform LARIOX cooperates with the authoritative MT4 trading platform available on Windows, iOS, Android, and the web to trade. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.Trading PlatformSupported Available Devices Suitable for MT4✔Windows/iOS/Android/WebJunior tradersDeposit and Withdrawal The minimum deposit is $10. LARIOX accepts Visa, MasterCard, Wire transfer, and Bitcoin for deposit and withdrawal. However, the official website is inaccessible, so transfer processing times and associated fees are unknown.