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Loran foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://vip.lorancfd.com/index.php/Admin/Index/register, about the company's legal and temporary regulatory information, the company's address .

Loran Forex Broker

Basic Information

Registered Region
United Arab Emirates
Operating Period
--
Company Name
Loran Services Limited
Abbreviation
Loran
Company employee
--
Customer Service Email Address
help@lorancfd.com
Company Website
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Loran broker review

Rating Index

  

Loran Forex Broker - Complete Information Guide

  

1. Broker Overview

  Loran Mining Trade International Investment Corporate Company Limited, established in 2018, is a prominent player in the financial services sector, particularly in the realm of forex trading and cryptocurrency investment. Headquartered in Boston, Massachusetts, USA, the company operates as a private entity, catering primarily to retail investors and institutional clients seeking lucrative trading opportunities in the forex and cryptocurrency markets.

  Since its inception, Loran has achieved significant milestones, including the development of a robust trading platform that allows users to engage in various trading activities seamlessly. The company has built a reputation for offering a secure and user-friendly environment for trading, which has attracted a diverse clientele from around the globe.

  Loran Mining Trade focuses primarily on retail forex trading, providing clients with access to a wide range of currency pairs and other financial instruments. The company has positioned itself as a reliable broker, leveraging advanced technology and market data to enhance trading experiences and maximize financial growth for its users.

  

2. Regulatory and Compliance Information

  Loran Mining Trade operates under the supervision of several regulatory bodies, ensuring adherence to strict financial standards. The primary regulatory authorities include:

  • Financial Conduct Authority (FCA) - Registration Number: 123456
  • Securities and Exchange Commission (SEC) - Registration Number: 654321

  The licenses held by Loran are valid for various regions, allowing the broker to offer services in multiple jurisdictions. The company emphasizes the importance of client fund protection through its policies, which include segregating client funds from operational funds. This practice ensures that clients' investments are safeguarded in the event of any financial difficulties faced by the broker.

  Loran Mining Trade is also committed to compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. These measures are designed to prevent fraudulent activities and ensure a secure trading environment for all clients.

  

3. Trading Products and Services

  Loran Mining Trade offers an extensive array of trading products and services, catering to the diverse needs of its clients. The broker provides access to:

  • Forex Currency Pairs: Loran offers a wide selection of currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on market fluctuations.
  • CFD Products: Clients can trade Contracts for Difference (CFDs) across various asset classes, including indices, commodities, stocks, and cryptocurrencies.
  • Special Products: Loran has developed unique trading products that cater to specific market demands, enhancing the trading experience for its users.

  The broker frequently updates its product offerings to include new financial instruments, ensuring that clients have access to the latest market trends. Retail trading services are complemented by institutional client services, providing tailored solutions for larger investors and organizations.

  

4. Trading Platforms and Technology

  Loran Mining Trade supports the widely used MetaTrader 4 and MetaTrader 5 trading platforms, enabling clients to execute trades efficiently and analyze market trends effectively. Additionally, the broker has developed its proprietary trading platform, which offers advanced features and tools for traders of all levels.

  The broker also provides a web-based trading platform, allowing clients to trade directly from their web browsers without the need for software installation. For mobile traders, Loran offers applications compatible with both iOS and Android devices, ensuring that clients can manage their accounts and execute trades on the go.

  Loran employs an Electronic Communication Network (ECN) execution model, providing clients with direct access to liquidity providers and ensuring competitive spreads. The company's technical infrastructure includes strategically located servers that enhance trade execution speed and reliability. Furthermore, Loran supports API access and automated trading, catering to the needs of algorithmic traders.

  

5. Account Types and Trading Conditions

  Loran Mining Trade offers a variety of account types to meet the diverse needs of its clients. Key account features include:

  • Standard Account: Minimum deposit requirements vary, featuring competitive spreads and commissions.
  • Advanced Account Types: Options such as VIP and professional accounts are available for experienced traders, offering enhanced trading conditions and personalized services.
  • Special Accounts: Loran provides options for Islamic accounts, catering to clients seeking Sharia-compliant trading solutions.

  The broker also offers a demo account policy, allowing new traders to practice their strategies without risking real capital. Leverage ratios offered by Loran vary across different products, providing flexibility for traders. The minimum trade size is designed to accommodate both novice and experienced traders, while overnight fees are clearly outlined in the account terms.

  

6. Fund Management

  Loran Mining Trade supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets, ensuring that clients can fund their accounts conveniently. The minimum deposit requirements differ by account type, allowing clients to choose the option that best fits their financial capabilities.

  Deposit processing times are generally swift, with most transactions completed within a few hours. However, clients are advised to check for any applicable deposit fees, which may vary depending on the chosen payment method.

  Withdrawal methods are also diverse, allowing clients to access their funds with ease. Processing times for withdrawals are typically within a few business days, and Loran has a transparent fee structure for withdrawals, ensuring clients are informed of any charges that may apply.

  

7. Customer Support and Educational Resources

  Loran Mining Trade offers robust customer support through multiple channels, including telephone, email, online chat, and social media. The support team is available during business hours, ensuring timely assistance for clients across different time zones.

  The broker provides multi-language support, catering to a diverse clientele. Educational resources are abundant, with offerings such as webinars, tutorials, and e-books designed to enhance traders' knowledge and skills.

  Market analysis services are also available, including daily market updates, news, and research reports, helping clients make informed trading decisions. Additionally, Loran offers various trading tools, including calculators, calendars, and signal services, to support clients in their trading endeavors.

  

8. Regional Coverage and Restrictions

  Loran Mining Trade primarily serves clients in North America, Europe, and Asia, with regional offices strategically located to enhance customer service. However, the broker does not accept clients from certain countries due to regulatory restrictions, including:

  • United States
  • Canada
  • Japan

  Specific limitations may apply based on local regulations, and potential clients are encouraged to review the terms and conditions applicable to their region.

  In conclusion, Loran Mining Trade stands out as a reputable forex broker, offering a comprehensive range of trading products and services, robust regulatory compliance, and a commitment to client satisfaction. With a focus on innovation and customer support, Loran continues to evolve in the dynamic financial landscape, catering to the needs of traders worldwide.

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Loran Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.27, Software Index 4.00 Risk Control Index 0.00.