LondonFX Forex Broker

Note: LondonFX's official website: https://londonfx.com is currently inaccessible normally. LondonFXReview Summary Founded2004 Registered Country/RegionUnited Kingdom RegulationUnregulated Market InstrumentsForex, etc. Demo Account/ Leverage1:200 Spread/ Trading PlatformMT4 Min Deposit$250 Customer SupportTel: +61399387447, +441872303557 Email: support@londonfx.com Founded in 2004, LondonFX is a forex broker registered in UK, offering leverage up to 1:200 and the leading Metatrader4 platform. However, LondonFX operates without regulatory oversight from any reputable financial body.Pros and Cons ProsCons Variety of account typesInaccessible website MT4 supportedUnregulated status High minimum deposit Limited payment options Unclear withdrawal fee chargedIs LondonFX Legit? No, LondonFX is not regulated currently. Please be aware of the risk!Account Type LondonFX offers three account levels that traders can upgrade to. Account type including Gold, Platinum, and Diamond. LondonFX claims the minimum deposit is $250, which is a bit high.Leverage LondonFX offersleverage of 1:200 for traders, which is quite high. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Trading Platform Trading PlatformSupported Available Devices Suitable for MT4✔Desktop, web and mobile (iOS and Android)Beginners MT5❌Desktop, web and mobile (iOS and Android)Experienced tradersDeposit and Withdrawal LondonFX accepts payments via credit cards and bank transfers. The processing time for withdrawal transactions is 2 business days. Gold, Platinum, and Diamond Account holders get 1, 2, and 3 free withdrawals, respectively. This suggests that there are withdrawal fees, but the specific cost was not mentioned.