LBinary is a Binary Options Broker Launched in 2013.
Is LBinary a Trusted Broker or a Scam to Avoid?
Read 100% True & Honest LBinary Review – See Below!Read Full Review
|Headquarters||5 Secretary's Lane|
|Support Number||+44 8000 58 80 34|
|Support Types||Live Chat, Phone, Contact Form, E-mail|
|Minimum 1st Deposit||$250|
|Minimum Trade Amount||$5|
|Free Demo Account||Open Demo|
|Account Types||Micro, Silver, Gold, Expert, Platinum|
|Deposit & Withdrawal Methods||Visa, MasterCard, Delta, Maestro, Bank Wire Transfer|
|Number of Assets||60+|
|Account Currency||USD, EUR, GBP|
LBinary is the binary options broker that was launched in the year 2013 by a group of traders called Chelestra Limited. This group consists of highly experienced investors.
By now, LBinary is gaining popularly among traders in various countries because it is regulated by CySEC. The languages supported by the trading platform include English, French, German, Italian, Spanish, French, Russian and Arabic.
The software used by the broker is one major reason why trading through this platform has become popular. The software is provided by SpotOption which is one of the pioneers in the binary options industry. This software provider is licensed too. LBinary has received the CySEC license through SpotOption. The registered office of the company is in Gibraltar and it is headquartered in Cyprus.
Always check Broker’s regulations!
It is important for your personal data and money’s safety. Never open an account with broker that has no regulations and does not prove it on its site!
Account management and trading with LBinary is quite simple. The platform provided is easy to use and new traders are provided with personal training as well. Very welcoming bonuses are provided to the traders. Video lessons and eBook is provided to the newbie traders for free. There is an iFollow social platform that can let you learn from the top traders. By corresponding with the professional traders, anybody can learn more than just the basics of trading. They will gather trading ideas from experienced traders. There are no auto trading features available at the platform based on the signals that are generated by other traders.
LBinary is offering quite prompt support function. The support service is readily available to all the traders offering wide range of facilities. Help is available in case of the basic technical support and even advance trading tips and strategies are provided. Along with this, the 27/4 live chat support service is available. The traders are also being facilitated on Skype, email and telephone. If any trader is using email, it might take 2 days to get a response. Hence, if prompt support is needed then Live Chat service is the best option. The support team is quite friendly and helpful. They can provide assistance regarding any query.
Some people say that the deposit methods are exentisve but they are happy with the withdrawals as they are simple and straightforward. Daily financial news is provided to traders too which will prove to be quite helpful in trading.
LBinary is totally scam-free. The brokerage firm is legitimate because it has CySEC license to operate. Therefore, new and professional traders can readily trust the platform. No reports or incident regarding the scam of LiBinary has been heard yet. Hence, it is a trustworthy platform to get started with. They are genuine brokers. The process to get registered with the broker is simple and you will find pleasure to trade with them.
LBinary is supported by the SpotOption broker. The platform provided is 100% website based and it is compatible with most of the browsers like Chrome, Safari, Firefox and Internet Explorer. The downloadable version is not offered. However, for those who wish to do mobile trading, the Android and IOS version is available at the website. The number of assets available on web and the app are same, the brokers are provided with the same kind of user friendly interface on web too.
The interface provided is clean and the design is simple. The assets include 10 commodities, 17 indices, 19 currency pairs and 48 assets. The website offers real time updates about the payout amount to make the trade easier.
LBinary Demo Account
LBinary website features a demo account too. With this account, a trader can learn the basics of trading along with the procedure of getting started with trading at LBinary. In order to set up the demo account, you are required to contact the customer service department for setting up the account for you. This demo account will be a great tool to let you learn the basics of binary trading. This will help you in avoiding the big problems which might ruin the whole trade game.
LBinary Minimum Deposit
The payouts at LBinary reach up to 85% even on the traditional options with 720% yield. The demo account does not require any real money but if you want to get started, you have to choose from the types of accounts provided and submit some minimum deposit to get started. If you choose to open any account, the minimum deposit that you will have to pay is $250.
At LBinary, you will find the following 5 trading accounts:
- Micro Account
For this account, the minimum deposit is $500 and you will be provided with email support and account manager.
- Silver Account
The minimum deposit requirement for this account is $1,000. The features provided are more than the ones provided by micro account. A 60 minute trading lesson is included.
- Gold Account
The minimum deposit requirement for gold account is $5,000. Additional perks include trading strategies and quick money transfer option.
Always look for broker with variety of account types. This way you will have the freedom to set the account according to your needs and the privileges will be bigger.
- Expert Account
The minimum deposit requirement for this account is $20,000. The additional perks include one on one trading.
- Platinum Account
The minimum deposit requirement for this account is $50,000. The additional feature includes VIP signal service.
As soon as the trader signs up for a particular package, it will define the bonus and the promotions available. Both new and existing traders will be provided with bonuses and incentives. A risk free trading environment, x25 bonus turnover and 100 percent match bonuses are readily given away.
Overall, trading the LBinary is risk-free because they are licensed. Whether it is a newbie trader or a professional trader, all will find trading quite easy. The profits and bonuses offered are quite inviting. The minimum deposit requirement is not high as well.
If you are in search of an opinion to know whether it is safe to trade with LBInary or not, then the answer is yes, you can trade with this binary options broker readily.
Bonuses are big, this is my fave part! And the different account have different extras – education, signals… this is great because this way Lbinary rewards you for choosing them 😉
The first thing I looked for was the regulation, lbinary is regulated so this should give you some security. I haven’t made a withdrawal yet but I saw that most of the complaints on the web are about this.. having my experience with lbinary I think it won’t be a problem.
How to Get Demo Account?
More than 350 Binary Brokers on the market are trying to impress the customer in order to open an account. One of the most wanted features by the traders is Free Demo Account which helps them to develop their trading skills.
After making detailed research on LBinary’s features and extras, customer service and Demo Account we came to the conclusion that this broker is able to provide You high quality service and Free Demo Account without any terms and conditions required.
We tested LBinary’s Demo and the reports show that the platform is user friendly and 100% similar to the Real account Platform.
We Recommend You to Get Free Demo Account with LBinary.