LeaSen Financial Limited Forex Broker

Note: LeaSen Financial Limited's official website: https://www.leasen-fx.com/ is currently inaccessible normally.LeaSen Financial LimitedReview SummaryFounded2024Registered Country/RegionUnited KingdomRegulationUnregulationMarket InstrumentsDerivatives, Commodities, Index CFDs, Stock CFDsDemo Account/LeverageUp to 1:500SpreadFrom 0.6 pips (Standard account)Trading PlatformST5Copy Trading✅Min Deposit$200Customer Support24/5 support LeaSen Financial Limited is a foreign exchange brokerage company newly established in 2024. It enables traders to conduct investment trading in derivatives, commodities, index CFDs, and stock CFDs. The company offers two types of live accounts, with a minimum deposit of $200. The trading platform it uses is the widely recognized ST5, and it claims to provide copy trading services. Its leverage can reach up to 1:500, and the spreads are relatively low. Nevertheless, it's worth noting that this company operates without valid regulation.Pros and ConsPros Cons Diverse trading assetsInaccessible websiteCommission-free accounts offeredUnregulatedCopy tradingHigh minimum depositPopular payment optionsNo contact infoIs LeaSen Financial Limited Legit? No, LeaSen Financial Limited is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.What Can I Trade on LeaSen Financial Limited?Tradable Instruments Supported Derivatives✔Commodities✔Index CFDs✔Stock CFDs✔Forex❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Account TypeAccount TypeStandardProfessionalMin Deposit200 USD5,000 USDLeverage LeaSen Financial Limited offers leverage up to 1:500 for both account types, which is high, but you are always suggested to use leverage prudently since it amplies not only your gains, but also losses.FeesAccount TypeStandardProfessionalSpreadFrom 0.6 pipsFrom 0.0 pipsCommission❌6 USD/lotsTrading Platform LeaSen Financial Limited uses the ST5 trading platform, which allows for copy trading. ST5 is not as popular and extensive in functions as platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5) but still offers basic functionalities.Trading PlatformSupported Available Devices Suitable for ST5✔//MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal You can fund your account with several methods with LeaSen Financial Limited: China UnionPay, MasterCard, VISA and PayPal. Processing time is within 1 business day and when it comes to profit withdrawal, you need to withdraw at least $100 from your account.Payment Options Min Deposit Min Withdrawal Fees Processing Time China UnionPay$200$100/Within 1 business dayMasterCardVISAPayPal