Чт. Май 30th, 2024

Digital Lion is a British broker offering CFD contracts with leverage, but operating without any license to operate from regulatory authorities. There is no information about the legal address and other important details connected with registration. Recently, obtaining a trade license is not at all necessary and many firms do not do this for one reason or another, it does not influence the trading process in any way.

The office operates according to the B-Book business model, without withdrawing traders’ transactions to liquidity providers. The model is quite usual for most of trading platforms cooperating with beginners and experienced traders.

Features of cooperation

In order to start trading, it is enough to register an account and invest money on the balance, after which access to Webtrader Digital Lion will open. There are no limitations about the deposit, you can invest any sum in dollars, euro or cryptocurrency. The working platform runs online in any browser, and is additionally adapted for iOS/Android-based mobile devices. Other advantages of this dealing center:

  • replenishment of the account is instant;
  • online quotes;
  • four tariffs;
  • asset classes: forex, commodities, crypto, metals, stocks, indices;
  • flexible leverage up to 1:1000;
  • no hidden fees and commissions;
  • sending applications in one click;
  • the deposit balance cannot go down below zero;

The minimum amount to start in Digital Lion is limited to 1000 dollars. At the same time, there is no information about the presence of a demo mode. The platform encourages participants in different ways. As the additional service there is an affiliate program with a 15 percent reward for the referral, trust management, personal assistant and manager. The current currency rate is published on the main page of the website every week.

You can join the platform any time with the help of a form on the main page. You can fulfill the deposit with any currency even with bitcoins. It’s possible to keep in touch with the administration by e-mail.

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Рейтинг :
     

I can definitely say that Lion LTD is just a fraud. If you have a look at the website you can see that the broker doesn’t have any information about the licence. It means illegal work and no responsibility so you cannot even judge with them. 
There are some other features of frauds: no information about current rates, no studying course for beginners, technical support which doesn’t work. Your account can be blocked any time without any feedback from admins. I also realised that the fake broker just buys positive reviews that’s why the rating is not low. 
 

Рейтинг :
     

Two months ago I started cooperation with the broker Lion LTD. I read some positive reviews in the Internet and trusted them but later I realised that they were just fakes. The broker suggested regular profit and help studying course. I decided to invest in cryptocurrency and trade bitcoins. I registered my account, replenished the deposit and started trading. I was disappointed from the first thing — the currency rate on the main page didn’t coincide the reality that’s why I was puzzled and didn’t understand how much I can earn. I completed some successful deals but couldn’t transfer the money from my deposit to the bank card. When I sent a request to the technical support nobody answered and the next day my account was blocked without any explanations. Coming to conclusion I can definitely say that Lion LTD is just a fraud. If you have a look at the website you can see that the broker doesn’t have any information about the licence. It means illegal work and no responsibility so you cannot even judge with them. There are some other features of frauds:

  • no information about current rates;
  • no studying course for beginners;
  • technical support doesn’t work;
  • your account can be blocked any time without any feedback from admins;

I also realised that the fake broker just buys positive reviews that’s why the rating is not low. If you want to earn with trading you’d better look for a firm broker with licence and other documents. I guess other traders suffered from Lion LTD should transfer the true information in the Internet as quickly as possible in order to save others from fakes and financial losses.

Рейтинг :
     

I am extremely outraged at how dishonest a broker can be! It was my first trading experience, and I’m unlikely to try trading currency pairs again because I don’t trust brokers any more! I was promised training, stable profits and a quick withdrawal of money, and as a result I got only an account lock and a complete disregard of the administration! I tried to contact tech support, but the site obviously has a fake phone number and a random address. I do not recommend these scammers to anyone, be careful when choosing a broker!  

Рейтинг :
     

Once I read some reviews from the Internet and decided to cooperate with it. But later I completely regretted. First everything seemed to be ok: I replenished my deposit and chose cryptocurrency for trading. When I completed some deals I tried to withdraw my money but I failed. Finally my account was blocked without any feedback from admins. I can’t even judge them because they don’t have a licence and any official documents. I think after my review people will be quite reasonable and won’t trust these frauds!

Рейтинг :
     

Take care and avoid cooperation with these frauds! I read some positive reviews in the Internet and decided to try trading with Digital Lion. I invested my money and didn’t get any profit. More than that, technical support neglects any requests for help. As a result I lost my money and my account was just blocked. As the company doesn’t have any licence and legal address I can’t even apply to the police! I guess all positive reviews about this company are just paid fakes which don’t coincide the real situation.