- Excellent bonuses
- Great customer support
- Up to 72 hour withdrawals (but can be shorter)
Help me choose a broker
Your information has been successfully sent to us.
We will handle your request as soon as possible.
LBinary is ranked #13 of 74 Binary Options Brokers.
Check out the top 3 rated brokers below:
Although LBinary has been around for a while, they’ve recently landed on our radar again, as they’ve upgraded and updated their offerings. LBinary, a brand of Chelestra Limited, Gibraltar, is a binary options trading broker that provides investors access to underlying assets such as stocks, indices, commodities and currencies. LBinary maintains locations in several places: Nicosia, Cyprus; London, UK; Victoria, Seychelles.
Minimum Deposit: None
Maximum Payout: 85%
Web Languages: English, Arabic, Germany, Italian, French, Spanish, Russian
There are 5 different accounts to choose from at LBinary: Micro, Silver, Gold, Expert and Platinum. The first thing you notice when checking on these accounts is that there is no minimum deposit required for any of them.
The other features of the accounts are clearly outlined. Each account is provided with its own personal Account Manager. The Account Managers are assigned according to an investor’s language and geological region and are available along with customer support, through telephone, email and live chat 24/7.
All account holders of LBinary receive a one-on-one live trading session with a professional binary option broker, upon their request.
LBinary promises to release withdrawals within 72 hours for all account types. We were unable to test this assertion and there have been recent complaints of difficulties by some traders with untimely withdrawals.
LBinary’s platform is 100% web-based and requires no software to download. Their mobile application is designed for smart phones and tablets that use either Android or Apple’s iOS technology.
When choosing a broker for any investment vehicle, one of the main considerations to keep in mind is its trustworthiness. LBinary does not have any regulation which is a shame as when it comes to dependability and trustworthiness, being under the aegis of a recognized regulatory organization can be very important.
With or without regulation, one way to check out the trustworthiness of your broker is by using the services they promise to provide their clients. Executing entry and exit trades in a timely efficient manner is of major importance. A few minutes can make the difference between profiting and losing on a trade. Opening an account for any broker is a simple process and taking your deposit is usually a breeze. When it comes to withdrawing your money, however, be extra cautious. LBinary provides both services in a fair manner.
LBinary offers a 100% deposit bonus (up to $3000) just for opening an account, which is extremely generous as compared with other binary brokers. Once a trader has an established account, however, LBinary is not so eager to release bonuses and prefers to offer other incentives, such as free tutorials, chat and 24-hour client service.
The description of LBinary’s platform is very sparse and there isn’t very much information provided.
However, some information is provided such as the fact that the platform’s pricing and execution modules use advanced technologies to insure traders’ overall satisfaction. It is also adaptable for both short term and long term use.
LBinary offers standard trading types including 60 second trading, One Touch trading, Pairs and the Option Builder. In addition, LBinary now offers investors the ability to trade Ladder Options, which are the newest form of trading binary options. Ladder options offer 5 times the pay-out rates as a typical Binary Option, and can open 5 separate price positions at the same in multiple directions.
All in all, Lbinary is an interesting broker but one that should be regarded with caution.
Some error message
We will call you soon