Lionexo is a new broker for binary options trading that is based in Bulgaria. They operates on the Panda Trading platform.
Broker Quick Facts
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In our review of the Lionexo binary options broker, we saw that they operate on the Panda trading platform. This software facilitates the smooth trading of all the popular assets. Commodities, including Copper and Oil, Currencies including the Bitcoin, Stocks and Indexes are among the many assets available.
The Panda platform has the following methods for trading options. High /Low, Range, One Touch and Hyper. The Hyper setting has expiry times options of 30 seconds, 1 minute, 2 minutes, 5 minutes and 10 minutes. You can also pick Long term options with an expiration of even 6 months.
Lionexo offer their customers a feature called “social trading” which shows you which traders are being placed by other investors. The idea being that you can copy other experienced traders. They also have 24/7 customer support.
Automated Trading Software
Warning! The heavily marketed “systems” that offer to make trades for you automatically based on special signals, are just scams.
People who are interested in a real Auto-Trade robot choose one that keeps you in control, like http://BlackBoxRobot.com.
The most common problems that customers complain about when dealing with Binary Options Brokers is in regards to the withdrawal procedures. Therefore, it’s very important that you review a brokers Terms and Conditions page carefully before you start trading. Read more about this on our complaints page.
License and Regulation
A binary options broker is a financial service provider, as such, most governmental regulators issue special licenses to operate this type of business. For example, this can be the CySEC of Cyprus, the FSB in South Africa and ASIC in Australia, to name few.
During our review, we did not find a license for Lionexo.
Look here, at our list of the numerous licensed and regulated brokers.
As with any service or product, it always pays to compare your options. Check out these other brokers who provide binary options trading.
Lionexo is owned and operated by: Quattro Enterprises EOOD. Their Address is at: Prestige Business Center, 49 Patriarch Evtimii blvd, 4th floor, Sofia 1463, Bulgaria