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.