LR

The WikiFX assessment indicates significant concerns regarding safety and reliability. With an overall WikiFX Score of 1.46 and a complete lack of authoritative regulatory licenses, the broker falls far below the security standards expected from a mainstream trading entity. This fundamental gap in regulatory oversight poses a substantial risk to client funds, placing the onus for comprehensive due diligence entirely on the trader.

No. According to WikiFX data, LR holds no valid, recognized regulatory licenses for forex trading. It is registered in Hong Kong, a region flagged for heightened suspicion. This status places it entirely outside the oversight of established financial authorities such as the FCA, ASIC, or CySEC, resulting in no credible external supervision of its operations or client fund handling.

Minimum deposit details for LR are not currently publicly disclosed in standardized format. This lack of transparent information on a fundamental account requirement complicates initial cost assessment for prospective traders. It is recommended to directly verify this and all other account specifications with the broker's official channels.

Available data does not explicitly confirm support for MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. The absence of this key specification, which is common for both legitimate and high-risk brokers, is notable. Traders should verify the exact trading platform and its features directly through official sources before considering an account.