Is Lionive.com A Good Or Bad Binary Options Broker

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Lionive

Lionive are no longer trading. For a list of alternative brokers, and full comparison reviews, visit our brokers page.

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Binary.com $5 90% » Visit Binomo $10 90% » Visit BDSwiss $10 N/A » Visit

Lionive Review (Archive)

Broker Lionive
Website URL www.lionive.com
Headquarters Mahe, Seychelles
Support Types Email, Telephone, Live Chat
Languages English
Trading Platform TechFinancials Trading Platform
Minimum 1st Deposit $200
Minimum Account Size $200
Minimum Trade Amount $5 (60 second options)
Bonuses 25% to 100%
Deposit Methods ePay, eCard, EWIRE, Paysafecard, GIROPAY, American Express, Diners Club, VISA , MasterCard , Maestro , Neteller, CashU, Swiff Pay, Webmoney, Western Union, Wire Transfer, Yandexmoney
Trading Methods Classic High/Low Options, Above/Below Options, Touch/No Touch, High Yield Touch, Short Term Options, Boundary Options, High Yield Boundary
Number of Assets 39
Option Types Currency , Commodities , Indices , Stock
Overall Score 95/100

Intro

Established with the purpose of providing binary traders with a reliable and safe environment for trading binaries, Lionive is based in Mahe, in the Republic of Seychelles. The broker is recognized as a beginner-friendly binary broker. This is due to its extensive educational center and dedicated customer support. In addition, many traders love trading with Lionive because of all the advanced tools at their disposal as well as attractive bonuses offered by this broker.

Target Market & Customer Support

Lionive’s target market is the global binary trading market, as the firm aims to cater to as diverse trading groups as possible. This can be demonstrated through the many, numerous channels of depositing funds at the disposal of their traders. Altogether, there are more than 40 different ways with which traders can deposit their funds at Lionive.

Customer support at Lionive is a real strength here too. Traders have the option to talk to the support team by live chat or over the telephone. Alternatively, they can also choose to email their queries to Lionive’s customer support by email at [email protected] With their support agents based in Australia and Europe, traders can expect a prompt reply from the support team 24 hours a day. Even if live support is offline, a reply can be expected within 24 hours.

To bolster the quality of their services even further, Lionive have also provided prospective clients the benefit of a free 7 day demo trading account. With the demo account, traders get $10,000 worth of virtual money to trade with. This allows traders to test out the intuitive trading platform and the forex market in general.

Trading Platform & Features

Supplied by the leading binary platform provider TechFinancials, Lionive’s platform is not only pleasing to work with for beginner traders but also for more experienced traders. The large graphical interface makes it easy for a trader to monitor the progress of his trades. Towards the bottom of the trading interface, traders can also see the list of trades that they have opened as well as those which have been closed.

Regular news items fed through the news section of the trading interface also help traders to keep in touch with what is going on in the market. The trading platform also allow traders to filter out the assets to be displayed so they can focus their energy on making money and not get distracted by “noise” coming from too much market movement. Lastly, Lionive’s trading platform also allows traders to have the option of closing their trades early up to 5 minutes before the expiry of a trade. This is an extremely useful feature since it permits traders to cut their losses or lock in their profits before any adverse market movements wipe them out.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

Markets Coverage

Currently, the number of underlying assets available at Lionive seems limited. This is perhaps due to the fact that the broker is still new in the industry. Nevertheless even with the limited number of assets available, traders will have a hard time trading every single one of them as there are four major types of trading contracts which can be further subdivided into at least two different subcategories.

Trading Accounts & Benefits

Trading accounts at Lionive comes in three different flavours in the form of “Bronze”, “Gold” and “Platinum” accounts.

  • Bronze Account

Minimum Deposit of $200

25% Deposit Bonus

1 free monthly Cashout

Minimum Deposit of $1000

50% Deposit Bonus

2 free monthly Cashout

2 risk free trades

1% extra returns

Dedicated account manager

VIP Skype Support

Cashout within 48 hours

  • Platinum Account

All of the above mentioned benefits

100% Deposit Bonus

3% extra returns

3 free monthly cashout

5 risk free trades

Cashout within 24 hours

Looking at the benefits offered by Lionive, it is easy to understand why many traders, both beginners and experienced traders, are flocking to Lionive. These include platform intuivity, account types, free 7-day demo account and localization of site, platform and customer support.

Is IQoption trustworthy and a good broker?

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Certainly looks the business does it not.

Sadly as they are offering Binary Options, my advice is keep your money well away.

I see they are offering a demo account, this is just another way to lure you in. I expect you will do really well should you open a demo account.

I so wish that all the promises of Binary Options in whatever form were true, we could all be rich.

They do not work, sorry to bring you bad news.

Banc De Binary Review

Banc de Binary is an award winning broker founded in 2009 and headquartered in Belize City, Belize. Founded in 2009, it has achieved good reputation worldwide as a trustworthy broker. Banc de Binary maintains a customer base of traders from more than 80 countries but they do not accept customers from the USA.

It is regulated by the IFSC and holds the license number IFSC/60/352/TS/15. The maximum payout rate for the traditional option is between 60% – 91%. The payout rate depends on two factors including asset type and expiry time frame.

Trading Platform

Banc de Binary offers the common SpotOption platform that feature simple and straightforward interface for beginner traders. There are many types of binary options including high low, 60 seconds, pairs, one touch, boundary, long term and early closure options.

The short term expiry time frame range from 60 seconds to 24 hours. They provide a free demo account for traders who want to test the platform without investing real money.

There are a number of videos where experts in the finance industry discussed about the different aspects of binary options trading. They also support a mobile platform that is compatible to both apple and android devices. The mobile platform also gives you access to live charts which is useful for analyzing and monitoring the market movement.

Types of Trading Accounts

Banc de Binary offers 3 types of accounts including Bronze, Silver and Gold. Bronze account only has a minimum deposit of $250 so it is suitable for traders who is just starting out in binary options trading. Silver account is for serious binary options traders who want to invest more than $2,500. Customers who sign up for Silver account will have 10 days direct access to the account manager.

In addition, you are also entitled to 1 month of trading signals supplied by Trading Central. You can open a Gold account if you want to invest more than $5,000. Gold account gives you anytime access to your account manager and 3 months of free trading signals by Trading Central. They also have another account called Lion Premium accounts, for traders who want to deposit more than $10,000.

Trading Bonus

Banc de Binary offers trading bonus to encourage traders to trade with them. The trading bonus range from 50% – 100% depending on the type of account you choose. The bonus is not automatically credited into your trading account so you have to contact your account manager if you want the bonus.

Deposits and Withdrawals

Banc de Binary accepts credit cards, bank wire as well as other alternative payment methods for deposits and withdrawals. Funds you deposited via credit cards will appear instantly in your account. However, if you withdraw via credit card, you will have to wait for up to 5 days for the withdrawal request to be processed and another 3 days for the funds to appear in your account.

Bank wire is the best solution if you want to deposit more than $50,000 into your account. It can take up to 5 days for the funds to arrive in your account after you initiated the bank wire transfer.

Bank wire withdrawal takes 5 days to be processed and another 5 days to see the funds in your account. If you withdraw by Skrill, it will take 5 days to be processed but the funds will arrive in your account in 1 hour after approved.

The minimum withdrawal amount of $50 regardless of the withdrawal method you choose. To withdraw funds, you simply click the Withdrawal tab and enter the amount you want to withdraw. Finally, you must select the base currency and click on the Submit button to send in the withdrawal request.

Banc De Binary Customer Support

Traders can reach Banc de Binary’s customer support department via email, live chat, Skype, and telephone. They are backed by a multilingual customer support team trained in handling inquiries in many international languages. The website also support seven different foreign languages including English, French, Dutch, Italian, Russian, Spanish, Arabic and Portuguese.

Is Banc De Binary A Good Broker?

In conclusion, Banc de Binary is a great broker with many types of options to choose from. It has excellent return rate and the trading platform features an excellent user interface. Others advantages of Banc de Binary are 24/7 trading, loyalty rewards, and personalized trading service.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

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