Online broker Crypto Lecs
Online broker Crypto Lecs is positioned as an international CFD broker that provides access to global financial markets and stock exchanges. The project organizers notify that the company has been operating in the market for over 5 years. The company’s statistics are as follows: 102,000 active traders, opening 285,000 orders daily, and a turnover of around 87 million USD per day.
The company’s head office is located in the UK at the address: 331 Millbrook Rd W, Southampton SO15 0HW.
Cryptolecs informs about the regulation of its activities by several regulatory bodies:
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FCA (UK). The broker does not specify the license number and date of issuance of the regulatory document.
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IFSC (Belize) – license permit number 30/307/FS/28.
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FSC Mauritius (Republic of Mauritius) – investment dealer license: L440360052.
The internal regulations of the brokerage company are presented in the following documents:
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“Privacy Policy”,
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“Cookie Policy”.
Contact details for feedback with the Crypto Lecs customer support service:
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contact phone number: +44 23 8089 4459
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email: [email protected],
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online form for sending messages, requesting additional information, and/or a callback.
Crypto Lecs Trading Conditions
The platform offers a simple registration process, which includes the following steps:
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Complete registration and create a personal account. To do this, you need to provide the following information: name, surname, contact phone number, email, password, and promo code (if available).
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Open a trading account.
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Deposit funds, starting from a minimum capital of 150 USD.
The broker uses its proprietary trading platform LECS Crypto. The broker’s trading terminal is available in several versions:
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Web version – works on any browser of any operating system.
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Mobile application.
The company “Crypto Lex” announces integration with TradingView, which supports numerous indicators and strategies, over 50 drawing tools, and other features for in-depth market analysis.
Traders have access to over 200 current trading instruments, including categories such as: currency pairs, cryptocurrencies, commodities, and indices.
Trading accounts are offered in the following types of accounts:
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Start – minimum deposit amount of 150 USD, leverage: 1:100, instant execution.
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Trader – initial capital from 5,000 USD, leverage: 1:500, immediate execution, access to trading cryptocurrencies and metals, investments in PAMM accounts, and no swap.
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Professional – investments from 25,000 USD, leverage: 1:500. Conditions correspond to Trader. Additional features: trading ETFs and indices, deposit insurance, and personal manager services.
Account Funding and Withdrawal from “Cryptolex”
Available methods for depositing funds and withdrawing funds:
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bank transfers,
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credit/debit cards,
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electronic payment systems,
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crypto transfers.
Financial details are not specified. There is also no information on the trading platform’s commissions and the processing times for trader requests.
Conclusion
CFD broker “Crypto Lex” offers access to the global market of trading instruments based on its own software complex. The financial intermediary reports having licenses from FCA, IFSC, and FSC Mauritius. However, corresponding copies of documents are not provided. There is also no information about the registration of the financial company. Trading and financial conditions of cooperation are outlined superficially, without detailing trading parameters. The quality and safety of services provided by this broker can be learned from reviews of former clients, comments from investors, financial managers, and experienced traders.
Cryptolecs is a broker that offers a variety of cryptocurrency options, although their customer service could be more efficient.