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Forex Broker Rating

Lab Finance

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Lab Finance

Information about the broker Lab Finance

Rating: 0
Jurisdiction: Cyprus
Regulators: CySEC
Foundation date: 2014

Brief informationLab Finance

Lab Finance calls itself the most advanced trading platform and one of the world's leading brokers. The resource is owned by Royal Forex Ltd, which is headquartered in Cyprus. The license was issued by the Securities and Exchange Commission of the Republic of Cyprus. The date of the beginning of the broker's activity is unknown. The website indicates that the team of employees of the company numbers over 200 people, most of whom are professional traders with international trading experience.

Lab Finance trading instruments 

The broker promises its clients a full range of trading instruments. You can trade in currency pairs and cryptocurrencies. CFD trading is also available.

Lab Finance trading terms and accounts

The broker has four real accounts, each of which is intended for traders with a certain level of knowledge, skills and financial capabilities:

  • MINI. Deposit is from 2,000 dollars, access to the Forex market is open, an economic calendar is available;
  • MEDIUM. Deposit is from $ 5,000, you can trade on the Forex and CFD market, an economic calendar and 1 trading signal are available, account insurance is provided;
  • PREMIUM. Deposit is from $ 10,000, Forex trading is available, you can trade in CFDs and cryptocurrencies; a client is provided with an economic calendar, 3 trading signals, a personal business plan, account insurance;
  • VIP. Deposit is from $ 20,000, Forex trading is available, you can trade in CFDs and cryptocurrencies; a client is provided with an economic calendar, 3 trading signals, a personal business plan, account insurance, participation in Pamm accounts is available.

Each account holder can expect to receive bonuses up to 30%. The broker promises low spreads and swaps.

Traders, who are subjects to Sharia law, have the option to open Islamic accounts.

Lab Finance trading platforms 

WebTrader is a broker's trading terminal, which is equipped with a solid set of indicators and instruments for graphical analysis. There is also a line graph and Japanese candlesticks charting. The quotes are updated online. The broker considers compatibility with any operating system and any browser to be the main advantage of the platform, which does not need to be downloaded. You can trade 24/7. A mobile version of the terminal has been developed for trading from a smartphone.

Opening of deposit and withdrawal of funds

You can deposit funds to your account using a bank card, bank transfer or using the online payment system. Replenishment from a Bitcoin wallet is also available. There is no commission. You can withdraw funds in the same way as the deposit was made. There is no information on the processing time of the withdrawal request and commissions in the public domain.

Lab Finance personal account registration and login 

You can register on the broker's website by clicking the "Register" or "Open an account" button. Next, you need to fill out a short form and verify your account. For verification, you should go to your “Lab Finance” personal account and upload photos or scans of your passport, bank card, as well as a document that confirms the trader's registration address. Successful completion of the procedure gives clients the opportunity to withdraw profits.

Conclusion 

We recommend you to study the reviews on Lab Finance on the Internet and find out the expert opinion about the broker. This is necessary for taking a balanced approach to cooperation.

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