Lions of forex review, lions of forex review.
Lions of forex review
That is the key, whatever you do your urgent priority should be to stay in the game!
No deposit forex bonuses
Lionsofforex.Com review
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Lionsofforex.Com profile provided by lions of forex, feb 5, 2019
Lions of forex is the most complete foreign exchange & millionaire mentorship educational suite available to individuals from around the world. It offers financial mentorship and education on trading in the global markets, as well as in-depth millionaire mindset training to expand our members minds.. The LOF platform offers daily SMS trade ideas, weekly live-webinars, 120+ hours of forex training, unique resources for traders, a large international support community, and an incredible affiliate program that incentivizes members to help others achieve the same financial success!
Video
Let other traders know if this service is worth checking or should be avoided.
Traders reviews
First of all for you to even trade forex you have to be a person that controls his/her impulses "ambition, greed, and emotions" by placing it in 3rd priority by 2nd priority being adapting and learning AKA using intelligence to not make the same mistake twice; because like albert einstein said "doing the same thing twice expecting different results is the definition of insanity". And that is how people blow their accounts and couldn't stay in the game long enough for it to actually click.
That is the key, whatever you do your urgent priority should be to stay in the game! The most that I have made in a day has been $900 on a sunday and several hundred the first half of the week and overall $3400 in that week. And to finish with a bang your first priority is actually having dignity to learn concepts, patterns, and what the mentors provide. And if y'all do that you'll finish in 1st place! Mic drop!
Best people on earth: "pursuers of excellence"
that's how you execute ambition without limits
Signals review: lions of forex
Lions of forex is a forex signal service, promising a 90% win rate, and an average of over 2000 pips per month. The membership program also comes with forex training, mentorship and educational resources to help traders take control of their finances by joining “exclusive inner circle for forex traders.”
The product has been on the market since july, 2016. The LIONS OF FOREX LLC is owned and operated by two friends, berto delvanicci and roy taylor. There is quite a bit of information about both of these traders, through their social media, and via other media sources. Their head offices are located somewhere in miami, and they can be contacted via email at support@lionsofforex.Com or phone 1 (772) 404-1299.
Lions of forex review
The website is slick, and there is no doubt that the lions of forex creators lean heavily on lifestyle marketing. Whether it’s on, or of the website, this group of traders really pushes the idea of wealth, and utilizing forex trading as a method to achieve it. Their youtube channel is full of videos that depict a certain level of luxury, with exotic cars, and road trips to vegas being the prized possessions of the signal providers.
This type of marketing is very attractive to the millennial generation. Their approach is very reminiscent of wall street academy, and forever in profit, a couple of forex mentor programs that we reviewed back in 2017. There aren’t a lot of developers using this type of marketing approach, and that’s certainly find by us, is the preferred more professional and less flashy presentation.
That doesn’t mean that it’s a bad thing, it just isn’t our cup of tea.
Strategy
The lions of forex team do not provide any detail about their trading methodology. This is something they should certainly add to their website, as just about every forex trader in the market, always wants to know what type of strategy is being used to determine the trading opportunities.
This explanation would also be helpful for the 2 different trading courses as well. Ideally, we would like to know what is inside the essentials trading course and the advanced trading course, before we decide to shell out $200-$300 per month.
Signals analysis
- Type: forex signals
- Price: $100-300/month
- Strategy: undisclosed
- Signal frequency: undisclosed
- Pairs: all pairs
As you can see, many of the main aspects in the signals analysis section are undisclosed by the lions of forex vendor. While the website is slick, it is certainly missing some of the most important aspects when it comes to a signal service. Generally, the best forex signal providers in this marketplace, provide much more detail and insight.
Signals are provided via SMS or push notifications to your phone.
Trading results
The only trading results available, are on the website in the “pip overview” section. In this section, the lions of forex team list each month, and then the amount of pips per month they achieved. There has never been a negative month, and every positive month is showing a gain of somewhere between 1500 to 3300 pips. These gains are very difficult to believe, and they aren’t transparent or verify any way, so they can’t be trusted.
It’s also worth noting, that the vendor hasn’t updated their trading results since march 2019, which means they aren’t actively updating this website.
The bottom line here is, berto delvanicci and roy taylor need to upload all of their signals to a myfxbook account to prove that they are real. This task would take less than 15 minutes to accomplish, so we see no reason why they can’t upgrade their level of transparency immediately upon reading this review.
Client feedback
There seems to be the resources for client reviews, and 2 out of the 3 are underwhelming. Currently, they have a yelp score of 1/5 and an FPA score of 2.8/5. The only positive score they have is for their itunes app, but most of these reviews are eerily similar, which make it seem like they are coming from a single source.
The most recent reviews are overwhelmingly negative, with one claiming that the trading strategy they provide is stolen.
Conclusion
At this point in time, we are unable to provide a recommendation for the lions of forex service. Between the lack of information, no verified trading results and the recent client feedback which is overwhelmingly negative, it’s an easy decision. Hopefully, this vendor can turn things around, and a great place to start would be with their trading results. We will obviously check back in on this review from time to time, in order to see how the service has progressed.
If you have anything you like to add to the review, please leave your questions and remarks below the article now.
Lions of forex review
What do people think about lions of forex?
Today, we’d like you to read a review about a lions of forex signal provider.
They told about themself the next:
- 2000+ weekly micro-pips.
- 150+ hours of educational courses.
- 90% winning signals.
- 27+ countries (. ) with lions.
The traders and devs provide:
- Educational material through videos
- Daily webinars
- Daily signals
- Documents
- Tools.
So, there’s not so much intel about what we’ll be connected with and what we should expect.
Trading results
Everything was messed up, but okay. How about 2020 results? … and where can we check them? These two screenshots are everything we’ve got. There’s any sign about he can trade well and he makes us rich.
The offer
We’re offered to get signals from 7-figure trader berto delvanicci. It allows us to get access to 500+ pips signals (weekly, monthly?).
For $100/month we’ll become a member to receive signals. We’ll receive and access to the desktop platform (how does it look like?) and iphone (only appstore?) app. It’s a huge disadvantage because android users can use an application to get signals. We are able to upgrade any time our subscription to more expensive ones. There are three types of monthly subscriptions: signals, essentials, and advanced.
Essential membership costs $200 and in addition provides access to trading courses and members chat. Also, we unlock the full LOF platform features that include signals and education, webinars, resources (?), and more.
The package is introduced as one that will give us more education, webinars, exclusive templates (?), and indicators. If to sum up everything we’ll receive access to daily webinars and advanced trading courses will cost $300/monthly.
People feedback
There’s an app on appstore. So, there should be feedback and there’s a lot of people’s thoughts.
It’s a review of the app designer, so, berto doesn’t look the guy you have to work with.
Comment sections include completely very comments. If even there are half of the comments from the owner friends, anyway there is much positive feedback. We have tried to sum this up and got to the point that provided signals are truly accurate, but berto likes to push hardly people to buy additional services. This annoys people so much.
Lions of forex is a scam
- No strategy explanations provided
- No trading results provided
- Any mentions about courses and what they’re about
- Fake signal accuracy
- People reported him as a scammer
- Insane price
- Garbage support
Taking into account all we gathered, we’re 100% sure that this guy and his advice won’t make us rich and happy. There’s no mention of his trading results. A lot of people on appstore warned us that this guy is full of sh*t and the best possible way is not to be connected with him. We stay on the same ground. We’d like you not to waste your money and nervous starting working with berto.
Lions of forex 4+
Lions of forex
Designed for ipad
Screenshots
Description
The lions of forex ios app is the world’s first foreign exchange training, signals, and mentorship platform! Lions of forex is an international movement opening people’s eyes and showing them how to turn their smartphones to an ATM! Our members learn to trade in the foreign exchange market and follow our simple “copy, paste, profit” system to earn money trading in the world’s largest, 5.3 trillion dollar per day market!
Learn and trade forex with veteran trader berto delvanicci. By combining personal development and giving you a financial vehicle to earn with, lions of forex accelerates your journey towards financial prosperity! Welcome, to the lion pride!
- forex beginner to advanced education
- sales, marketing, PD mentorship
- signals - daily forex signals
- loftv - live daily webinars
- chats - member only chats
- referral program - earn residuals
LOF desktop platform is where you can access even more important features such as downloading LOF-exclusive MT4 templates & indicators, marketing & sales pdfs, and more!
Did you know you can earn by referring new members into LOF? For each member you refer, we directly fund 25% of their membership to your LIVE trading account! With weekly & monthly reoccurring payouts, building a live trading account has never been easier!
**trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.**
Lions of forex review – what is this new forex trading system?
Lions of forex review is designed to promote new forex trading systems, including the latest “ladies of forex” products, which can be bought on the internet. In the review, readers will learn more about this forex trading system and the advantages of using it.
Lions of forex is a new forex signal provider, claiming an average of more than 2020 pips a month, and a 90% success rate. The program is free to join, as well as available for download on the company’s website, and is endorsed by many professional traders, such as michael lewis, john grace.
Lions of forex comes with a money-back guarantee, and a 30-day money-back guarantee for online training. It also has a mentorship program and a community of active and successful forex traders, including john grace, michael lewis, bob murphy, john grace, nick gann, peter gann and others. The money-back guarantee ensures that the product is completely safe, even for those who may not be very familiar with the forex markets. There are also reviews posted by other people who have tried the product, so that the reader can determine if it is right for them.
Lions of forex review
Lions of forex is compatible with both the mac and PC platforms. It is currently being used by professional traders, so is compatible with the forex market. The program has been designed to provide high-risk/reward trades and leverage, so there will be a certain amount of risk, depending on the trading strategy that you follow.
The software works in the forex market to analyze market data and look for patterns and trends, to determine which trading opportunities are most likely to generate profits. You can trade a variety of currencies from around the world, and there are automated tools and strategies, as well as manual trading options. The main trading tool is the “ladies of forex” indicator, which shows you a real-time chart of market conditions.
If you want to learn more about this forex trading system, the lions of forex review is your ticket to learning more about the product. The program was developed by several experienced professionals in the forex industry, so it provides you with information that is very reliable. This is the latest forex product that has received a great review and will provide you with a great advantage when it comes to trading.
Scott booth
My name is scott and I love trading stocks and forex. I started this site to share what I have learnt in my travels, navigating the world of cfds,currency trading and picking brokers.
Not everything is black and white but many people out there are interested in learning to trade but don’t quite know what a stop loss order is nor a limit order.
I hope that my website makes a great place for anyone looking at how finance works today and more importantly inspire people to keep going when they’ve had a rough day on the market.
Hopefully it can lead us towards becoming 100% independent investors instead relying on an established institution or banking system that could potentially manipulate our money using it for their own vested interests.
Forex scam brokers list
The number of forex scams you can find with just a straightforward search on google is shocking. There are plenty of forex trading scams criminals out there who wait for novice traders so that they can defraud them. In a market where over $5 trillion moves daily, there are bound to be people who want to take advantage of honest traders.
The forex trading scams you will find are usually simple and prey on the gullibility of people and the need we all have, to make more money. There are significant types of forex scams that exist. Knowing what they are will help you avoid them.
Let us look at the three main types:
1. Forex robot
The forex robots, use an algorithm, technical signals and computer code, to enter and exit trades. Expert advisors build them within MT4 and other platforms. Some are legit. However, a lot of them are not. To be safe, always check the legitimacy.
There are scam brokers lists online. Check them for listed forex robot scams. Signs to watch out for include:
- Unrealistic marketing messages.
- Unrealistically high percentage growth returns
- Scalping strategies that lack diversity
- Employing the services of unregulated brokers.
Forex fraud is avoidable when you do due diligence and check out the candidates you choose to work with.
2. Forex signals for sale scams
In this version of forex fraud, you will be dealing with individuals who dole out trade ideas that include information like currency pairs, direction, entry price, stop loss and target levels. Always lookout for the following things;
- Subscription fees. Always try out signals that have no paywall before you consider paying for anything else. Use them on demos to test them out.
- Do not take broker-tied signals. Some will offer them but, you have to subscribe with a specific broker. That kind of thing is just a marketing gimmick.
- Unverified claims of good results. If you cannot verify anything that they are telling you, they are most likely lying to you.
As with the other kinds, there is a list of scam forex brokers that you can check out before you sign up for anything.
3. Forex trading investment scams
There are many adverts online that promote forex trading investment scams and funds. They are very slick marketing campaigns and salespeople who sell you phantoms and unverified results of their fund. It is the ultimate forex pyramid scheme. So you need to find an best forex broker to start your secure trading.
They ask you to send them an investment and then sit back and enjoy returns. If you send the money, you will never see it again. If you call, they will say they have never heard of you and never got funds from you.
Checking the fake forex brokers list for these people can save you a lot of pain and trouble. They can do this or, they can open an account for you with a shady broker who is not regulated, and after two or even one trade, they will wipe out your account.
They will blame it on the market when in fact, it is all in their company. Without regulation, it is near-impossible to get your money back.
Avoid dishonest brokers at all costs
If you detect just one lie when looking through a broker’s credentials to see if they can be the one for you, just run away. There are multiple fake forex brokers lists that you can look through to make sure that if someone is a fraud, you know who they are.
The regulatory bodies of the world are an excellent place to start. They include:
If a broker says that they are regulated, check that out here and make sure that you do not fall into these traps from dishonest brokers.
Don’t lose money online with scam brokers, trade with
Trusted & regulated forex brokers. Keep your fund safe.
Top rated online best forex brokers 2021
Scam brokers list
| Broker | website | reason |
|---|---|---|
| FX nextgen | www.Fxnextgen.Com | offshore license |
| calibur | www.Caliburcapital.Net | no license |
| titan FX | www.Titanfx.Com | offshore license |
| FTE FX | www.Ftefxpro.Com | offshore license |
| prime XBT | www.Primexbt.Com | offshore license |
| tradersway | www.Tradersway.Com | offshore license |
| midasglobe | www.Midasglobe.Com | no license |
| kronosinvest | www.Kronosinvest.Com | no license |
| binomo | www.Binomo.Com | offshore license |
| circleforex | www.Circleforex.Com | no license |
| first BTC FX | www.Firstbtcfx.Com | no license |
| essencefx | www.Essencefx.Com | offshore license |
| evisionfx | www.Evisionfx.Com | no license |
| rickglobal | www.Rickglobal.Com | offshore license |
| RCM FX | www.Rcmfx.Com | offshore license |
| 247smartfx | www.247smartfx.Com | no license |
| traderia | www.Traderia.Com | offshore license |
| FX options24 | www.Fx-options24.Com | no license |
| justforex | www.Justforex.Com | offshore license |
| TBFX | www.Tbfxtrades.Com | no license |
| MGM markets | www.Mgm-markets.Com | no license |
| olympusmarkets | www.Olympusmarkets.Com | offshore license |
| sure forex trade | www.Sureforextrade.Com | no license |
| cfreserve | www.Cfreserve.Com | no license |
| fern | www.Fuerfx.Com | no license |
| capital tradefx | www.Capitaltradefx.Com | offshore license |
| FX PREMIUM | www.Fx-premium.Com | offshore license |
| pari fx trade | www.Parifxtrade.Com | offshore license |
| investteck | www.Investteck.Com | no license |
| aduno capital | www.Adunocapital.Com | no license |
| S&P broker | www.Snpbroker.Io | no license |
| capital88 | www.Capital88.Com | offshore license |
| 4xincome | www.4xincome.Com | offshore license |
| toptradepro | www.Toptradepro.Com | offshore license |
| go capital FX | www.Gocapitalfx.Com | offshore license |
| swiss investment fx | www.Swissinvestmentfx.Com | offshore license |
| smartoptionfx | www.Smartoptionfx.Com | no license |
| globalix | www.Globalix.Com | offshore license |
| libra markets | www.Libramarkets.Com | no license |
| monfex | www.Monfex.Com | offshore license |
| ifxoption | www.Ifxoption.Com | no license |
| goldfxtrading | www.Web.Goldfxtrading.Com | offshore license |
| gotechfx | www.Gotechfx.Com | offshore license |
| ultrontradefx | ultrontradefx.Com | no license |
| FXIG trades | www.Fxigtrades.Com | no license |
| 4xpremium | www.4xpremium.Com | no license |
| turboforex | www.Turboforex.Com | offshore license |
| swissinv24 | www.Swissinv24.Com | offshore license |
| golden key pro | www.Goldenkeypro.Com | offshore license |
| uprofx | www.Uprofx.Com | no license |
| goldmancfd | www.Goldmancfd.Com | offshore license |
| GCG asia | www.Guardiancapitalag.Asia | no license |
| trade global market | www.Tradeglobalmarket.Com | no license |
| AZ trades | www.Aztrades.Com | offshore license |
| IC finance | www.Ic-finance.Net | offshore license |
| 69brokers | www.69brokers.Com | no license |
| traderur | www.Traderur.Com | offshore license |
| wandafx | www.Wandafx.Com | no license |
| serex investments | www.Serexinvestments.Com | no license |
| tradepro capitals | www.Tradeprocapitals.Com | offshore license |
| kayafx | www.Kayafx.Com | no license |
| ptbanc | www.Ptbanc.Com | offshore license |
| millennium FX | www.Mnmfx.Com | offshore license |
| kapitalfx | www.Kapitalfx.De | no license |
| PRIMEXQ | www.Primexq.Com | no license |
| obsbit | www.Obsbit.Com | offshore license |
| swiftcfd | www.Swiftcfd.Com | offshore license |
| bluemax capital | www.Bluemaxcapital.Com | offshore license |
| itradefxoption | www.Itradefxoption.Com | no license |
| 70trades | www.70trades.Com | offshore license |
| capital hall | www.Capitalhall.Com | offshore license |
| K2 wall street | www.K2wallstreet.Com | no license |
| capitalfxclub | www.Capitalfxclub.Com | no license |
| worldwide capitalfx | www.Worldwidecapitalfx.Com | offshore license |
| tradeinvest90 | www.Tradeinvest90.Com | offshore license |
| ADN markets | www.Adnmarkets.Com | offshore license |
| hugosway | www.Hugosway.Com | offshore license |
| brokerz | www.Brokerz.Com | offshore license |
| trading epic | www.Tradingepic.Com | no license |
| fxnobels | www.Fxnobels.Io | no license |
| swiss capital invest | www.Swisscapitalinvest.Co.Uk | no license |
| lockwood investments | www.Lockwoodinv.Com | offshore license |
| cfdpremium | www.Cfdpremium.Com | offshore license |
| megatradefx | www.Megatradefx.Com | offshore license |
| profxpremium | www.Profxpremium.Com | offshore license |
| dax300 | www.Dax300.Com | offshore license |
| fxleader | www.Fxleader.Com | offshore license |
| blue trading | www.Bluetrading.Com | no license |
| olymp trade | olymptrade.Com | no license |
| trader.Online | www.Trader.Online | offshore license |
| ace forex | www.Acefx24.Com | offshore license |
| gxfx | https://gxfx.Com | no license |
| forex grand | https://forexgrand.Com | offshore license |
| BTCHOME | www.Btchomemining.Com | offshore license |
| fxtrade777 | www.Fxtrade777.Com | offshore license |
| aitsfx | www.Aitsfx.Com | offshore license |
| zeegosfx | www.Web.Zeegos.Online | offshore license |
| citifxmarkets | www.Citifxmarkets.Com | no license |
| finbitex | www.Finbitex.Com | offshore license |
| golden financial | www.Gdfxuk.Com | no license |
| maxitrade | www.Maxitrade.Com | offshore license |
| fxlinked | www.Fxlinked.Com | offshore license |
| ideal global trading | www.Fxideal.Com | no license |
| volumefx | www.Volumefx.Com | offshore license |
| the55thfx | www.The55thfx.Com | no license |
| kapitalswiss | www.Kapitalswiss.Com | no license |
| zonggangcaifu | www.Zgangfx.Com | no license |
| phy capital investments limited | www.Phyfx.Com | no license |
| emarketstrade | www.Emarketstrade.Com | no license |
| esplanade | https://esplanade-ms.Com | offshore license |
| admiral-markets.Com | https://www.Admiral-markets.Com | no license. Clone firm. |
| Bex options | www.Bexoptions.Com | no license |
| affliated trade group | www.Affiliatedtradegroup.Com | no license |
| kingston trading | https://kingstontrading.Com | no license |
| wigmarkets | www.Wigmarkets.Com | offshore license |
| city global trading | http://www.Cityglobaltrading.Com | no license |
| option94 | www.Option94.Com | no license |
| thecryptolimited | https://www.Thecryptolimited.Com | no license |
| pro X finance | www.Proxfinance.Com | offshore license |
| circle markets | https://circlemarkets.Com | offshore license |
| pinprotrade | www.Pinprotrade.Com | offshore license |
| newsolid | www.Newsolid.Com | no license |
| cointeck | www.Cointeck.Io | no license |
| onelife | www.Onelife.Com | offshore license |
| ukfinvest | https://www.Ukfinvest.Com | offshore license |
| emporio trading | https://emporiotrading.Com | offshore license |
| easytrade | https://www.Easytrade.Biz | no license |
| chrono FM | https://www.Chronofm.Com | no license |
| OMC markets | www.Omcmarkets.Com | no license |
| CFD trend | www.Cfdtrend.Com | offshore license |
| easy FX trade | www.Easyfxtrade.Com | no license |
| united FCG | www.Unitedfcg.Com | no license |
| financial.Org | https://financial.Org | no license. Negative reputation. |
| CCM clearing | http://ccmclearing.Com | no license |
| originalcrypto | http://www.Originalcrypto.Com | no license |
| 4xcube | 4xcube.Com | offshore license |
| bitalong | https://www.Bitalong.Com | no license |
| your trade choice | www.Yourtradechoice.Com | offshore license |
| finmarkfx | www.Finmarkfx.Com | offshore license |
| litefintech | www.Litefintech.Io | offshore license |
| tradeltd | www.Tradeltd.Com | no license |
| forexchief | https://www.Forexchief.Com | offshore license |
| kryptowize | https://www.Kryptowize.Com | no license |
| bigoption | https://www.Bigoption.Com | offshore license |
| golden FX | www.Golden-fx.Com | offshore license |
| solidary markets FX | www.Solidarymarkets.Com | no license |
| DCA-finance | https://dca-finance.Com | no license |
| cryptonetto | https://cryptonetto.Com | no license |
| daiju commodity markets | https://www.Daiju-cm.Com | no license |
| GWIT | www.Gwitmarkets.Com | no license |
Report A scam broker
Why you need to be educated on forex fraud
Forex trading in itself carries many high risks and losses are almost always inevitable. Retail speculators are continually trading without enough capital by using high leverage and gambling addiction.
Speculators who trade without skill are playing against the whole market, which has near-infinite capital, and they almost always go bankrupts because of this lousy strategy.
To be fair, a large number of forex scam cases are a result of weak trading and not scam brokers. If you spent more time developing a proper trading methodology, you would become better and quicker in your decision making.
When you are a trader, you cannot afford to make mistakes. Always stay ahead of the curve by getting correct and useful information.
Lionsfx review - is lionsfx.Com scam or good forex broker?
RECOMMENDED FOREX BROKERS
Trading accounts and conditions
| Min. Deposit | min.Trade size | max. Leverage | spreads | |
| micro | $100 | 0.01 | 1:1000 | 3 pips |
| mini | $1 000 | 0.05 | 1:1000 | 3 pips |
| standard | $10 000 | 0.1 | 1:500 | 2.5 pips |
| premium | $50 000 | 0.1 | 1:400 | 2 pips |
Lionsfx offers t he above account types, as well as a s wap-free (islamic) and a VIP one . A ll accounts are commission-free and provide high leverage levels .
In addition, this broker offers managed accounts ( PAMM ).
Lionsfx advanatges:
- many instruments available for trade
Clients of lionsfx can trade in a number of forex pairs, as well as cfds on cryptocurrencies, indices and commodities. Such product portfolio is rather rich and diversified.
I n case you are into bitcoin trading, you may check out a list of tightly regulated brokers that offer such.
- high leverage levels offered
As we have mentioned in the beginning , lionsfx offers high leverage ratios, reaching 1:1000. Brokers use leverage to help traders increase their purchasing power. Yet, this also means increased risk of losses, so be careful.
Lionsfx offers its services on xstation, which is an innovative user-friendly trading platform. It is based on open-API XOH trader, developed by X open hub. Xstation is customizable and equipped with an advanced charting package. Here is a preview:
Lionsfx' xstation. Click on the image to zoom in.
I n addition, this platform has a social trading feature called xsocial. It allows users to follow other traders and copy or contra-copy their trades.
This broker offers several promotions to its clients: on deposit bonus from 10% to 50%, as well as a refer a friend scheme. In order to withdraw the bonus, one has to meet certain trading volume requirements, as is usually the case with such bonuses.
Lionsfx disdvantages:
- registered offshore
Thousands of brokers are registered offshore, mainly due to the low-cost procures, favorable taxes and few (if any at all) requirements they have to meet. Lionsfx is one of them, as it is registered in the saint vincent and the grenadines. We generally advice traders to avoid such companies as doing business with offshore brokers is very risky and many of them are scams.
Lionsfx offers trading with fixed spreads and those on micro and mini accounts are quite wide, amounting to 3 pips on EUR/USD. By comparison, you can trade with 1 pip-spread with easymarkets , a global forex broker regulated in cyprus and australia.
As is usually the case with fixed-spread brokers, lionsfx acts as a principal to all trades, which means that it is actually a counterparty to trades with its clients.
W hile most brokers using the XOH trader platform s also support the metatrader 4, lionsfx does not offer it. MT 4 i s highly praised for its great charting package, expert advisors (automated strategies), technical analysis indicators and customization options ,
Conclusion
Apart from the trading platform, the offering of lionsfx is nothing special in the forex world. We like the fact that its product portfolio is rich and diversified, as well as the high leverage levels provided. On the other hand, the spreads offered by this broker are quite high and it acts as a market maker, which represent two significant disadvantages. Its most weak side, however, is the absence of regulation. Lionsfx is operated by alpinex capital ltd., a company registered offshore, in saint vincent and the grenadines.
Offshore brokers are not required to report transactions, to meet any capital adeqacy requirements, to keep clients’ money in segregated accounts, etc. If you invest with such a broker, there is no guarantee you will ever get to see your money again, let alone any potential profits. That is why it is highly advisable that traders avoid offshore brokers and invest with brokers supervised by proper regulators, such as UK’s financial conduct authority (FCA).
Many various instruments available for trade
High leverage levels provided
Latest news about lionsfx
FXTM a regulated forex broker (regulated by cysec, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
Fxpro is a broker we are particularly keen on: it’s regulated in the UK, offers metatrader 4 (MT4) and ctrader – where the spreads start at 0 pips, level II pricing and full market depth. And the best part? With fxpro you get negative balance protection.
FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS mastercard is also available for faster deposits and withdrawals.
Fxchoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
Hotforex is a EU regulated broker, offering wide variety of trading accounts, including auto, social and zero spread accounts. The minimum intial deposit for a micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.
Lionfxtrader.Com review
The lionfxtrader MT4 EA is a forex expert advisor. The lion FX trader automated forex trading software for the metatrader platform is NFX/FIFO compatible. The lionfxtrader.Com forex robot is a non martingale system.
Performance tests
Performance results may be delayed. Please click the test to see detailed current report.
Live discussion
Join live discussion of lionfxtrader.Com on our forum
Video
Let other traders know if this service is worth checking or should be avoided.
Traders reviews
I am no longer using this EA
Well it is now oct 1 and after a hell of a roller coaster I am throwing in the towel.
In retrospect I will say this for lion FX, it has a lot of promise and I am sure with some fine tuning it will be a good one.
The biggest problem is that it gets to many trades open at once and the stop loss can not be set manually.
The EA decides to close trades based only on indicators and that can be dangerous because indicators can "ride the line" for hours before giving a signal to close the trade and that can and will cost money.
I have seen it as high as 8 trades deep and still going because the indicators used are riding the line.
It seems to set the next entry at 12 pips apart from the previous one.
So a buy at 1.89750 is sure to have the next trade open at 1.89870
There NEEDS to be a way to limit the number of active trades.
There NEEDS to be a way to tell the EA to close a trade after X pips lost.
I will say that this is not a grid EA, a grid EA follows a very specific pattern of placing and closing trades X pips apart regardless of market conditions and this EA does not fit that bill at all.
I think alex has great customer service skills and his EA shows a lot of promise if he listens to his users and can implement what they want to see.
In closing I will say I am leaving this "forex peace army" account for any that are reading it and want an unbiased opinion.
Mar 21, 2017 - 4 stars I give it four stars, I would like to say to everyone that I am happy with it.
Follow my discussion in the forum here or on myfxbook.Com
You can follow my demo account, although to see what convinced me to go forward use "custom analysis" and set the dates for oct 20 2016 to dec 22 2016.
After that it gets crazy and that is 100% my fault as I am experimenting and changing things.
You can also follow my live account and see whats happening with my real money.
I update both discussions regularly so viewers understand whats going on.
Mar 21, 2017 - no rating to be clear my testing of lion FX between oct 20 2016 and december proved this system works to me.
What you are referring is AFTER, when I had already decided that I would go live with lion and decided to up the demo account to $5000.
I went into my octa FX settings and "topped up" $5000.
This added $5000 to my balance rather than making my balance $5000, bringing me well over $8000 because the balance was already at over $3200
So I had to lose money to get it back down to $5000 so I could experiment.
If you read this discussion at myfxbook.Com, it clearly states:
-=-=-=-=-==-==-==-=-=-=-=-=-=-
okay it jan 13th and now I am live with a lion FX account.
This account is now strictly for testing and experimenting so please don't use any results from here on out.
The account started at $500 and as of dec 22 its at $3298.90
This was all achieved by the lion FX EA, that's why I have gone live.
I believe in this EA because as far as I am concerned it has proven itself well beyond my wildest hopes.
Anyone can go look at the page, choose "custom analysis" and use the dates oct 20 to dec 22 and see the trades for themselves in the history.
I have been using the discussion at myfxbook to keep all viewers aware of whats going on.
I have NO complaints about lion FX.
Dec 26, 2016 - no rating my experience so far on a demo account with octafx using lion FX has surpassed ALL expectations.
Lion has taken a $500 dollar account and its now at $3298.90
Other than one glaring mistake by me it has performed well past expectations.
I am going live early january and I will keep everyone posted about that to.
Nov 14, 2016 hey guys, I just thought I would add that this has been running on myfxbook since oct 20th.
Come see my results so far:
http://www.Myfxbook.Com/members/snapdragon2016/lion-fx-octafx/1831609
I am running the EA with the recommended settings with the exception that i am setting my lot size according to what I believe is good for my account.
Oct 16, 2016 - I took back calling alex a scammer as it was just a misunderstanding and asked that the moderators remove me calling him a scammer. I guess that this can't be done because it would seriously screw up the flow of the comments and add a lot of confusion. So I am saying it for ALL to see. Alex is NOT a scammer. Alex did NOT steal a penny from me. Alex DOES reply to customer questions fast and professional. I guess I was a little quick to pull the trigger but I have been burnt in the past by others. Anyways I hope I have cleared up my position for everyone. Cheers :)
Sep 6, 2016 - 1 star OMG I just got taken by this guy.
I went to his website and ordered the EA based on the conversation here and everything seemed okay until I received confirmation of my order, from newtecfxbot.Com
I went from ordering from lionfxtrader.Com but received something from another website.
This is a martingale system I would NEVER invest a nickel in. He is just a re-seller of someone else's garbage system.
I will keep you all posted as I am starting a case against him today as soon as I get home.
I have screen shot to prove everything I say.
You DO NOT see that you are actually purchasing from newtecfxbot.Com until AFTER the money is spent.
Feeling a little disappointed in FPA right now, how could this scam slip through and create a thread like this that seems to indicate that the system works when this is such an obvious scam. I am so angry right now its not even funny.
I will be updating this with the court case link as well.
Forex scam brokers list
The number of forex scams you can find with just a straightforward search on google is shocking. There are plenty of forex trading scams criminals out there who wait for novice traders so that they can defraud them. In a market where over $5 trillion moves daily, there are bound to be people who want to take advantage of honest traders.
The forex trading scams you will find are usually simple and prey on the gullibility of people and the need we all have, to make more money. There are significant types of forex scams that exist. Knowing what they are will help you avoid them.
Let us look at the three main types:
1. Forex robot
The forex robots, use an algorithm, technical signals and computer code, to enter and exit trades. Expert advisors build them within MT4 and other platforms. Some are legit. However, a lot of them are not. To be safe, always check the legitimacy.
There are scam brokers lists online. Check them for listed forex robot scams. Signs to watch out for include:
- Unrealistic marketing messages.
- Unrealistically high percentage growth returns
- Scalping strategies that lack diversity
- Employing the services of unregulated brokers.
Forex fraud is avoidable when you do due diligence and check out the candidates you choose to work with.
2. Forex signals for sale scams
In this version of forex fraud, you will be dealing with individuals who dole out trade ideas that include information like currency pairs, direction, entry price, stop loss and target levels. Always lookout for the following things;
- Subscription fees. Always try out signals that have no paywall before you consider paying for anything else. Use them on demos to test them out.
- Do not take broker-tied signals. Some will offer them but, you have to subscribe with a specific broker. That kind of thing is just a marketing gimmick.
- Unverified claims of good results. If you cannot verify anything that they are telling you, they are most likely lying to you.
As with the other kinds, there is a list of scam forex brokers that you can check out before you sign up for anything.
3. Forex trading investment scams
There are many adverts online that promote forex trading investment scams and funds. They are very slick marketing campaigns and salespeople who sell you phantoms and unverified results of their fund. It is the ultimate forex pyramid scheme. So you need to find an best forex broker to start your secure trading.
They ask you to send them an investment and then sit back and enjoy returns. If you send the money, you will never see it again. If you call, they will say they have never heard of you and never got funds from you.
Checking the fake forex brokers list for these people can save you a lot of pain and trouble. They can do this or, they can open an account for you with a shady broker who is not regulated, and after two or even one trade, they will wipe out your account.
They will blame it on the market when in fact, it is all in their company. Without regulation, it is near-impossible to get your money back.
Avoid dishonest brokers at all costs
If you detect just one lie when looking through a broker’s credentials to see if they can be the one for you, just run away. There are multiple fake forex brokers lists that you can look through to make sure that if someone is a fraud, you know who they are.
The regulatory bodies of the world are an excellent place to start. They include:
If a broker says that they are regulated, check that out here and make sure that you do not fall into these traps from dishonest brokers.
Don’t lose money online with scam brokers, trade with
Trusted & regulated forex brokers. Keep your fund safe.
Top rated online best forex brokers 2021
Scam brokers list
| Broker | website | reason |
|---|---|---|
| FX nextgen | www.Fxnextgen.Com | offshore license |
| calibur | www.Caliburcapital.Net | no license |
| titan FX | www.Titanfx.Com | offshore license |
| FTE FX | www.Ftefxpro.Com | offshore license |
| prime XBT | www.Primexbt.Com | offshore license |
| tradersway | www.Tradersway.Com | offshore license |
| midasglobe | www.Midasglobe.Com | no license |
| kronosinvest | www.Kronosinvest.Com | no license |
| binomo | www.Binomo.Com | offshore license |
| circleforex | www.Circleforex.Com | no license |
| first BTC FX | www.Firstbtcfx.Com | no license |
| essencefx | www.Essencefx.Com | offshore license |
| evisionfx | www.Evisionfx.Com | no license |
| rickglobal | www.Rickglobal.Com | offshore license |
| RCM FX | www.Rcmfx.Com | offshore license |
| 247smartfx | www.247smartfx.Com | no license |
| traderia | www.Traderia.Com | offshore license |
| FX options24 | www.Fx-options24.Com | no license |
| justforex | www.Justforex.Com | offshore license |
| TBFX | www.Tbfxtrades.Com | no license |
| MGM markets | www.Mgm-markets.Com | no license |
| olympusmarkets | www.Olympusmarkets.Com | offshore license |
| sure forex trade | www.Sureforextrade.Com | no license |
| cfreserve | www.Cfreserve.Com | no license |
| fern | www.Fuerfx.Com | no license |
| capital tradefx | www.Capitaltradefx.Com | offshore license |
| FX PREMIUM | www.Fx-premium.Com | offshore license |
| pari fx trade | www.Parifxtrade.Com | offshore license |
| investteck | www.Investteck.Com | no license |
| aduno capital | www.Adunocapital.Com | no license |
| S&P broker | www.Snpbroker.Io | no license |
| capital88 | www.Capital88.Com | offshore license |
| 4xincome | www.4xincome.Com | offshore license |
| toptradepro | www.Toptradepro.Com | offshore license |
| go capital FX | www.Gocapitalfx.Com | offshore license |
| swiss investment fx | www.Swissinvestmentfx.Com | offshore license |
| smartoptionfx | www.Smartoptionfx.Com | no license |
| globalix | www.Globalix.Com | offshore license |
| libra markets | www.Libramarkets.Com | no license |
| monfex | www.Monfex.Com | offshore license |
| ifxoption | www.Ifxoption.Com | no license |
| goldfxtrading | www.Web.Goldfxtrading.Com | offshore license |
| gotechfx | www.Gotechfx.Com | offshore license |
| ultrontradefx | ultrontradefx.Com | no license |
| FXIG trades | www.Fxigtrades.Com | no license |
| 4xpremium | www.4xpremium.Com | no license |
| turboforex | www.Turboforex.Com | offshore license |
| swissinv24 | www.Swissinv24.Com | offshore license |
| golden key pro | www.Goldenkeypro.Com | offshore license |
| uprofx | www.Uprofx.Com | no license |
| goldmancfd | www.Goldmancfd.Com | offshore license |
| GCG asia | www.Guardiancapitalag.Asia | no license |
| trade global market | www.Tradeglobalmarket.Com | no license |
| AZ trades | www.Aztrades.Com | offshore license |
| IC finance | www.Ic-finance.Net | offshore license |
| 69brokers | www.69brokers.Com | no license |
| traderur | www.Traderur.Com | offshore license |
| wandafx | www.Wandafx.Com | no license |
| serex investments | www.Serexinvestments.Com | no license |
| tradepro capitals | www.Tradeprocapitals.Com | offshore license |
| kayafx | www.Kayafx.Com | no license |
| ptbanc | www.Ptbanc.Com | offshore license |
| millennium FX | www.Mnmfx.Com | offshore license |
| kapitalfx | www.Kapitalfx.De | no license |
| PRIMEXQ | www.Primexq.Com | no license |
| obsbit | www.Obsbit.Com | offshore license |
| swiftcfd | www.Swiftcfd.Com | offshore license |
| bluemax capital | www.Bluemaxcapital.Com | offshore license |
| itradefxoption | www.Itradefxoption.Com | no license |
| 70trades | www.70trades.Com | offshore license |
| capital hall | www.Capitalhall.Com | offshore license |
| K2 wall street | www.K2wallstreet.Com | no license |
| capitalfxclub | www.Capitalfxclub.Com | no license |
| worldwide capitalfx | www.Worldwidecapitalfx.Com | offshore license |
| tradeinvest90 | www.Tradeinvest90.Com | offshore license |
| ADN markets | www.Adnmarkets.Com | offshore license |
| hugosway | www.Hugosway.Com | offshore license |
| brokerz | www.Brokerz.Com | offshore license |
| trading epic | www.Tradingepic.Com | no license |
| fxnobels | www.Fxnobels.Io | no license |
| swiss capital invest | www.Swisscapitalinvest.Co.Uk | no license |
| lockwood investments | www.Lockwoodinv.Com | offshore license |
| cfdpremium | www.Cfdpremium.Com | offshore license |
| megatradefx | www.Megatradefx.Com | offshore license |
| profxpremium | www.Profxpremium.Com | offshore license |
| dax300 | www.Dax300.Com | offshore license |
| fxleader | www.Fxleader.Com | offshore license |
| blue trading | www.Bluetrading.Com | no license |
| olymp trade | olymptrade.Com | no license |
| trader.Online | www.Trader.Online | offshore license |
| ace forex | www.Acefx24.Com | offshore license |
| gxfx | https://gxfx.Com | no license |
| forex grand | https://forexgrand.Com | offshore license |
| BTCHOME | www.Btchomemining.Com | offshore license |
| fxtrade777 | www.Fxtrade777.Com | offshore license |
| aitsfx | www.Aitsfx.Com | offshore license |
| zeegosfx | www.Web.Zeegos.Online | offshore license |
| citifxmarkets | www.Citifxmarkets.Com | no license |
| finbitex | www.Finbitex.Com | offshore license |
| golden financial | www.Gdfxuk.Com | no license |
| maxitrade | www.Maxitrade.Com | offshore license |
| fxlinked | www.Fxlinked.Com | offshore license |
| ideal global trading | www.Fxideal.Com | no license |
| volumefx | www.Volumefx.Com | offshore license |
| the55thfx | www.The55thfx.Com | no license |
| kapitalswiss | www.Kapitalswiss.Com | no license |
| zonggangcaifu | www.Zgangfx.Com | no license |
| phy capital investments limited | www.Phyfx.Com | no license |
| emarketstrade | www.Emarketstrade.Com | no license |
| esplanade | https://esplanade-ms.Com | offshore license |
| admiral-markets.Com | https://www.Admiral-markets.Com | no license. Clone firm. |
| Bex options | www.Bexoptions.Com | no license |
| affliated trade group | www.Affiliatedtradegroup.Com | no license |
| kingston trading | https://kingstontrading.Com | no license |
| wigmarkets | www.Wigmarkets.Com | offshore license |
| city global trading | http://www.Cityglobaltrading.Com | no license |
| option94 | www.Option94.Com | no license |
| thecryptolimited | https://www.Thecryptolimited.Com | no license |
| pro X finance | www.Proxfinance.Com | offshore license |
| circle markets | https://circlemarkets.Com | offshore license |
| pinprotrade | www.Pinprotrade.Com | offshore license |
| newsolid | www.Newsolid.Com | no license |
| cointeck | www.Cointeck.Io | no license |
| onelife | www.Onelife.Com | offshore license |
| ukfinvest | https://www.Ukfinvest.Com | offshore license |
| emporio trading | https://emporiotrading.Com | offshore license |
| easytrade | https://www.Easytrade.Biz | no license |
| chrono FM | https://www.Chronofm.Com | no license |
| OMC markets | www.Omcmarkets.Com | no license |
| CFD trend | www.Cfdtrend.Com | offshore license |
| easy FX trade | www.Easyfxtrade.Com | no license |
| united FCG | www.Unitedfcg.Com | no license |
| financial.Org | https://financial.Org | no license. Negative reputation. |
| CCM clearing | http://ccmclearing.Com | no license |
| originalcrypto | http://www.Originalcrypto.Com | no license |
| 4xcube | 4xcube.Com | offshore license |
| bitalong | https://www.Bitalong.Com | no license |
| your trade choice | www.Yourtradechoice.Com | offshore license |
| finmarkfx | www.Finmarkfx.Com | offshore license |
| litefintech | www.Litefintech.Io | offshore license |
| tradeltd | www.Tradeltd.Com | no license |
| forexchief | https://www.Forexchief.Com | offshore license |
| kryptowize | https://www.Kryptowize.Com | no license |
| bigoption | https://www.Bigoption.Com | offshore license |
| golden FX | www.Golden-fx.Com | offshore license |
| solidary markets FX | www.Solidarymarkets.Com | no license |
| DCA-finance | https://dca-finance.Com | no license |
| cryptonetto | https://cryptonetto.Com | no license |
| daiju commodity markets | https://www.Daiju-cm.Com | no license |
| GWIT | www.Gwitmarkets.Com | no license |
Report A scam broker
Why you need to be educated on forex fraud
Forex trading in itself carries many high risks and losses are almost always inevitable. Retail speculators are continually trading without enough capital by using high leverage and gambling addiction.
Speculators who trade without skill are playing against the whole market, which has near-infinite capital, and they almost always go bankrupts because of this lousy strategy.
To be fair, a large number of forex scam cases are a result of weak trading and not scam brokers. If you spent more time developing a proper trading methodology, you would become better and quicker in your decision making.
When you are a trader, you cannot afford to make mistakes. Always stay ahead of the curve by getting correct and useful information.
So, let's see, what we have: is lionsofforex a good forex signals & education company? Read real reviews, by traders, for traders™ add your rating to the largest forex review database by forex peace army™ >> at lions of forex review
Contents of the article
- No deposit forex bonuses
- Lionsofforex.Com review
- Live discussion
- Lionsofforex.Com profile provided by lions of...
- Video
- Traders reviews
- Signals review: lions of forex
- Lions of forex review
- Lions of forex review
- What do people think about lions of forex?
- Trading results
- The offer
- People feedback
- Lions of forex is a scam
- Lions of forex 4+
- Lions of forex
- Screenshots
- Description
- Lions of forex review – what is this new forex...
- Lions of forex review
- Scott booth
- Forex scam brokers list
- 1. Forex robot
- Lionsfx review - is lionsfx.Com scam or good...
- RECOMMENDED FOREX BROKERS
- Trading accounts and conditions
- Lionsfx advanatges:
- Lionsfx disdvantages:
- Conclusion
- Latest news about lionsfx
- Lionfxtrader.Com review
- Performance tests
- Live discussion
- Video
- Traders reviews
- I am no longer using this EA
- Forex scam brokers list
- 1. Forex robot
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