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LH-Crypto is a Forex, CFD & Cryptocurrency broker that offers traders world wide margin trading with cryptocurrencies and other assets in the popular and freely available MetaTrader 5 (mt5) trading platform. Mt5 is one of the most user-friendly trading platforms with a quick learning curve for traders of all levels. Not just a broker, LH-Crypto is a one stop online shop with a ton of content for aspiring and existing crypto traders.
LH-Crypto offer a wide range of cryptocurrencies and other trading instruments across multiple markets including forex, precious metals, shares and commodities. The unique value with LH-Crypto broker is that all settlements between trader and broker is done in cryptocurrencies. With the ever-increasing popularity and convenience of cryptocurrency, this makes them an attractive proposition for the modern and tech savvy trader.
LH-Crypto allow traders who wish to speculate through their trading platforms to open accounts in cryptocurrencies such as BITCOIN, ETHEREUM, LITECOIN and more. They provide leverage of up to 1:500 depending on your account and jurisdiction. You should make sure that you have a clear understanding on how leverage works and the risks involved with trading. By nature, trading is risky, especially when leveraged.
As with most crypto brokers, LH-Crypto allows the buying and selling of assets whilst they make their money through the spread (difference between bid – ask) and commissions per trade. They offer a large range of crypto instruments (61+), forex currency pairs (50+), CFD’s (118+), 7 metals and 3 energies. This makes it a way to diversify your trading portfolio all through one broker account and trading platform.
LH-Crypto run monthly competitions with prize funds of over $150,000 and 20 prizes in total.
The LH-Crypto website has plenty of the latest cryptocurrency news, videos, articles, live quotes, economic calendar and more. It is a treasure chest of everything related to crypto trading from crypto exchanges, crypto currencies, crypto wallets and crypto tools. It is an excellent place to start to learn about cryptocurrencies, to increase your knowledge even further or to begin trading cryptos.
LH-Crypto is ESMA compliant and supported by LARSON AND HOLZ IT LTD who are a Hong Kong based company in business since 2004. Their service is available to everyone, except for the citizens of particular countries due to strict regulations, including USA, North Korea, Sudan and Syria.
It is easy to start trading online with LH-Crypto. You simply need to complete a short registration form, download the mt5 trading platform to your PC/MAC/Phone, start trading! You may practice on a demo account to begin with and trade live if and when you feel ready.
LH-Crypto also offer an easy to use social trading platform where you have to open and fund an account to then copy other traders’ signals directly to your account. I would personally look for the traders who have been active the longest with the lowest drawdown if I was to copy signals on to my trading account.
The LH-Crypto website is available in multiple languages and they offer online, email and phone support to clients across the globe in multiple languages. This makes it convenient to get prompt answers to your question via a customer support method that suits you best.
LH-Crypto Trading Accounts
LH-Crypto offer 3 main classical accounts which are the “start account”, “standard account” and “pro account”. The account type chosen will usually depend on the minimum deposit amount a trader has and the specific trading conditions that their trading style requires.
|Account type||Minimum deposit||Minimum trade size||Maximum leverage||Average spreads|
|Start||€10||0.01 lots||1:40 Crypto, 1:200 Forex||From 0 pips, standard commission|
|Standard||€250||0.1 lots||1:100 Crypto, 1:500 Forex||From 0 pips, 10% discount commission|
|Pro||€10000||1 lot||1:40 Crypto, 1:200 Forex||From 0 pips, 30% discount commission|
LH-Crypto offer a free demo trading account which is very useful to practice your trading skills and most will recommend to start on a demo account before trading live. The higher the account type, the higher the daily limits are for automated withdrawal. Also, the type of account you opt for will impact your leverage, spreads and commission.
What leverage do LH-Crypto offer?
LH-Crypto offer leverage of up to 1:500 although due to ESMA regulations, EU clients are limited to 1:30 leverage. You should only trade if you understand what leverage is and the risks involved with using it. By nature, trading will always carry an element of risk and thus you should not trade with what you cannot afford to lose.
What deposits do LH-Crypto offer?
LH-Crypto is unique in the sense that transactions are conducted with cryptocurrencies.
What regulation does LH-Crypto have?
LH-Crypto parent company LARSON AND HOLZ IT LTD is registered in Saint Vincent and the Grenadines. Whilst FCA, ASIIC or CySEC regulation would be ideal, it is common for many brokers to use Saint Vincent and the Grenadines for registration purposes and LARSON AND HOLZ IT LTD has been in business for over 15 years.
LH-Crypto Review Summary
Overall, LH-Crypto seem like a trading broker who aim to be one of the largest cryptocurrency focused brokers in the industry. Whilst crypto trading is relatively new, they have a vast amount of information and tools available for crypto traders. This is helped by the fact they focus on the crypto market whereas the majority of others focus on forex, although LH-Crypto do also still offer online forex trading.
LH-Crypto offer a convenient setup for the average retail trader with the popular mt5 trading platform, crypto funding/withdrawal methods and a social signal copying service. The site and support are multi-lingual thus making LH-Crypto a broker for clients across the globe. You can start with a free practice account or open the start account with a minimum deposit of just $10.
Of course, as with any broker there is no guarantee of making profits as that can highly depend on the skill and knowledge of the individual trader. They do not guarantee any such profits but do provide a platform for conducting cryptocurrency trading to retail traders.
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.