LHK Group Broker Information
- Jurisdiction: Cyprus
- Regulators: CySEC, IFSC, FSC
- Founded: 2017
LHK Group Quick reference
LHK Group is a CFD broker. The broker suggests taking three steps to start making money with it.
- To register,
- to replenish your account with bitcoin or rubles,
- to trade on the LHK Group platform.
What does the broker promise? Stable execution of orders and negative balance protection. What else does the company claim? It does not mind using services of advisors and any strategies, including scalping and hedging.
LHK Group summary
Date of foundation. According to the official website lhk-group.com, the broker has been providing services since 2017.
Location. LHK Group suggests looking for his office in Cyprus. Address: 2, Agias Sofias, Lemesos District, 3065.
Contacts. To contact support, you can request a call back, write to email@example.com or call +44 (0) 130 23 481.
Regulation. LHK Group allegedly has three licenses at once. The first one was issued by CySEC – document №184/31. The second one was issued by IFSC, №25/136/TS/18. The third license was issued by FSC Mauritius, №С358249318. You can’t take a look at scan copies.
Awards. The broker shows 6 awards. The company received the latter one in 2020: it was allegedly issued by the South-East Asia IAIR Award rating system.
Clients. LHK Group mentions statistics about itself: 183,000 open accounts, 71 million dollars of daily trading volume, 4 million trading operations.
Please note that you’d better check the information that the broker reports about itself. There are online registries where legal addresses of companies are collected. And on the sites of regulators you can find lists of licensees. Registration and license are the two main things you need to check when choosing a new broker.
The broker invites you to trade CFDs. At the disposal of the trader there are 120 contracts for
- cross rates,
- shares of France ,
- shares of Germany,
- major currency pairs,
- shares of Russia,
- shares of Spain,
- shares of Great Britain,
- shares of the USA.
LHK Group offers a choice of 3 accounts: Initial, Standard and Premium. Standard, according to the broker, is suitable for most users.
So, let's examine the terms.
Customer deposits 150 dollars to open the account. The broker promises instant execution and leverage of 1:20.
The broker expects 1,000 dollars from client. The company provides a leverage of 1: 500 and cryptocurrency trading. The broker promises instant execution and deposit insurance.
In this case, you have to go to the expense of 10,000 dollars. In addition to the options of the “Standard” account, clients claim deposit protection and round-the-clock personal support.
LHK Group promises its clients spreads at the level of 0.1 points and execution of orders within 30 milliseconds.
After registration, the user enters the terminal. Here he/she comes across a form with a request to make a payment. It should be ignored to go to your account.
In the personal cabinet, a packet of documents for verification is expected from the user. We remind you that scan copies can be sent to those companies in which you are 100% sure.
In the personal cabinet you should find the “User Agreement” - the contract that customers conclude with the broker. Although the text is long, it must be read.
Is it possible to make money with LHK Group? If you have an answer to this question, scroll down the page - there you can leave a feedback. And if you do not have experience of working with LKH Group, read what other traders write.