LBinary.com Review
Year Established: 2013
Platform: SpotOption
Min. Deposit: $250
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Doesn't Accepts US | Regulation | Payout | |
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None | Up to 85% |
LBinary is a new broker having been introduced in early 2013. They are supported by the SpotOption trading platform. They focus on customer service and have an extensive Trading Education Center including free eBook and one of one personal training.
Summary of our LBinary Review
Platform Overview | |
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No. Assets | 61 |
Asset Classes | Stocks, Currencies, Commodities, Indices |
Trading Features | Call/Put, One Touch, 60 Second, Option Builder, Roll Over, Double Up, Sell Early, Social Trading Platform |
Software Platform | SpotOption |
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Trader Information | |
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Payout % | 85% |
Minimum Deposit | $250 |
Minimum Trade | $25 Standard, $5 60 Second |
US Friendly | No |
Demo Account | No |
Bonus | 30%, 3 Insured Trades |
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Customer Service: Their support team is available 24/7 via Live Chat, Phone and email. We found them very helpful and responsive when we contacted them. The Platform is translated into 7 languages and they offer Toll Free phone support in 8 countries.
Deposit/Withdrawal: Deposits can be made via most credit/debit cards and wire transfer. Withdrawals are processed within 1-5 business days depending on source. Credit/Debit withdrawals are up until deposit amount. Profits are sent by wire transfer.
Trading/Execution: Trading and execution was satisfactory.
Features: They offer standard Call/Put, One Touch, 60 Second and Option Builder. They also have in trade features such as double up, roll over and sell early. LBinary is first broker to introduce Binary Options Social trading.
Trading Education and Market Data: LBinary provides a free eBook and daily market news. They also provide personalized one of one training.
Another important factor for LBinary is that they use the SpotOption trading platform which received the first CySEC binary option license, ensuring a highly secured website which adheres to Cyprus financial regulations.
To take a look at LBinary and explore their platform Click Here.
LBinary Mobile Platform
LBinary provides a mobile trading application for both Android and Iphone. The Mobile platform allows you to follow your orders and actually execute trades on your mobile device.
Social Trading Platform
LBinary is the first broker to install the new SpotOption social trading platform, iFollow. With iFollow you can copy the trades of the best trades and have them entered automatically into your trading system.
Is LBinary a Scam?
LBinary is a relatively new broker. Our initial experiences have been favorable. They are placing an emphasis on customer service as well as training and support which seems to indicate that they are focusing on the trader’s needs. LBinary withdrawal policy is standard for the industry and as of yet there have been minimal complaints if any.
To find out more about LBinary or to open an account Click Here.