LH Crypto Review and Tutorial 2021

LH Crypto is an innovative division of the Larson & Holz group, offering a bespoke crypto currency trading platform. The online exchange and trading terminal offer traditional financial instruments alongside digital coins. Our review covers live accounts, minimum deposit requirements, regulations, prices, and more. Find out whether to log in and start trading.

LH Crypto Details

The LH Crypto project was established in 2018 after an ICO with more than 12,000 crypto investors from 50+ countries. The LH coin is a utility token for leveraged trading in established markets, from forex to commodities. The digital investing solution now has 10 million clients worldwide and offers a dynamic online trading portal. For traders looking to deposit and withdraw using altcoins, the brokerage has a lot to offer.

The company is registered in Vanuata and licensed under the VFSC.

MetaTrader 5 Platform

The dealer offers the business set-up MetaTrader 5 stage. You can download MT5 to work area gadgets, exchange through significant internet browsers, or download it to your portable. Offering progressed examination, intuitive outlining, market flags, and mechanized exchanging, the stage will address the issues of the two amateurs and experienced dealers.

Key highlights of MT5 include:

• 20+ time spans
• 44 graphical items
• More than 100 value diagrams
• Customizable interface
• Incorporated value signals
• 38 inherent specialized markers
• Admittance to master consultants (EAs)
• Assortment of request types including forthcoming and stops

Assets

LH Crypto offers customers speculation openings in the accompanying business sectors:

• 50 forex sets – majors, minors, and exotics
• 59 cryptocurrencies – including BTC/USD, ETC/EUR
• 126 CFDs – including Google Inc, Apple Inc, and MasterCard
• Wares – metals and energies from gold and silver to gas and oil

Where the specialist truly stands apart is its crypto advertising. Crypto-just combines are accessible just as computerized coins on traditional monetary standards, from the US Dollar to the Euro and Japanese Yen. The scope of altcoins far surpasses the arrangement of cryptocurrencies offered and all things considered representatives.

Spreads & Commission

The specialist offers gliding spreads with continuous statements in the exchanging stage. The least distances can be found on high liquidity instruments, for example, significant cash sets like the EUR/USD. Very nearly zero-pip spreads are accessible on substantial collections.

Commission rates fluctuate by account. For example, commissions on cryptos start at 0.15% with the entire record, 0.105% with the Standard, and 0.135% with the Pro. A point-by-point breakdown by the instrument can be found on the agent’s site.

The business charges trade rates for each position held for the time being. The trade rate for Wednesday to Thursday is significantly increased, and no charges are caused throughout the end of the week (barring crypto instruments). Crypto trade expenses are charged at 0.50% of the agreement size as long as 168 hours, then every extra 24 hours at 0.50%.

Leverage

The most significant influence offered by LH Crypto is high at 1:500 for forex and 1:100 on cryptocurrencies. However, this fluctuates by record and equilibrium. As a European Union position doesn’t manage the representative, it doesn’t conform to the 1:30 ESMA influence cap. Therefore, continuously set aside an effort to comprehend the dangers of exchanging with significant influence as it builds the size of misfortunes just as benefits.

Mobile Trading

MetaTrader 5 is accessible as a portable exchanging stage for telephone and tablet gadgets, viable with Android and iOS. The application permits you to deal with your record, see exchange history, direct exchange activities, and keep awake to date with financial news while in a hurry. Client reviews of the MT5 application are unique.

Payments

All stores and withdrawals are finished in cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. In addition, some fiat monetary forms, including the Euro, are additionally acknowledged.

Deposits

The least store prerequisites change my account. The most reduced store necessity is $10 with the Start account. Brokers should buy cryptocurrencies from significant trades to store into LH Crypto accounts. Installment entryways acknowledge different techniques, including bank wire moves and charge/Mastercards. Store times differ by cryptocurrency, and in any case, the normal requires 2-3 minutes.

Withdrawals

LH Crypto offers two withdrawal technique alternatives; computerized and manual. Automated withdrawal is a lot speedier and regularly requires a couple of moments, but day-by-day cutoff points may apply. Manual leaves can be utilized for more considerable sums and require up to three working days.

Demo Account

The agent offers a free demo record to exchange hazard-free with up to €50,000 in virtual assets, accessible in your picked money. The demo arrangement is a brilliant method to test trading on arising crypto sets. However, a straightforward enrollment structure should be rounded out before you can begin.

LH Crypto Bonuses

At the time of writing, LH Crypto does not offer any promotions for new or existing clients. However, the broker provides a monthly trading contest based on maximum monthly earnings. All real accounts with more than €100 are automatically registered into the competition, and a prize fund of up to €10,000 is available.

Regulation Review

LH Crypto is regulated by the Vanuatu Financial Services Commission (VFSC). However, traders should be aware licensing from the VFSC is not as robust as the protection offered by reputable bodies such as the FCA. Nevertheless, the company has an extensive portfolio of clients, suggesting the broker is legitimate and trustworthy.

Additional Features

The broker’s website offers an in-depth FAQ page, the latest LH Crypto project news, and an economic calendar. A vast online article library covers various topics, including forecasts and predictions for the cryptocurrency market. In addition, there is a bespoke Cryptopedia with valuable links and information on all requirements for trading with the currency. Cashback details and the coin’s market cap data are also published.

LH Crypto Accounts

The broker offers three live trading accounts with varying features such as minimum deposit requirements, withdrawal limits, leverage, and KYC policies. Commissions are more favorable under the Pro account, with a 30% discount applied.

• Start – €10 minimum deposit
• Standard – €250 minimum deposit
• Pro – €10,000 minimum deposit

To open an account, traders must complete an online registration form. With the Standard and Pro accounts, identity documents and proof of residency also need to be submitted.

Benefits

• 1:500 leverage
• Free demo account
• Low minimum deposit requirements
• Industry-leading MetaTrader 5 and mobile offering
• Extensive range of leveraged cryptocurrency assets

Drawbacks

• Single trading platform
• Limited regulatory oversight
• Clients from the US not accepted

Trading Hours

The cryptocurrency trading market is open 24 hours a day, seven days a week, operating on a decentralized network. With that said, opening times vary with traditional markets. Open the MT5 terminal for specific opening hours. The platform also adapts to your local jurisdiction and timezone. Traders from South Africa, for example, will see trading times in DST.

Customer Support

There are various customer support options:

• Online contact form
• Email info@lh-crypto.com
• Instant Telegram messenger
• Telephone at +852-3015-68-32
• Bitcointalk internet community forum
• Social media platforms including LinkedIn and Twitter

Security

Safety efforts are moderately fiery on the merchant’s site. The customer region is secret word ensured, and nitty-gritty end, AML, and KYC approaches are upheld. The MT5 stage additionally guarantees innovative encryptions, secure logins, and information protection.

LH Crypto Verdict

LH Crypto gives an extraordinary chance to merchants, all things considered, to begin cryptocurrency exchanging through the MT5 stage. The least store prerequisites are low, with high influence openings and a free demo account. Our significant solitary reservation is the restricted administrative examination offered by the VFSC. However, for clients to store, exchange, and pull out in cryptos, the representative is a decent choice.

Accepted Countries

LH Crypto acknowledges merchants from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, etc. most different nations.

Merchants cannot utilize LH Crypto from United States, France, Korea, Spain, Sudan, Syria.

Alternatives to LH Crypto

Suppose you are searching for options in contrast to LH Crypto. We have ordered a rundown of the best five specialists that are like LH Crypto beneath. This rundown of representatives like LH Crypto is arranged by comparability and incorporates organizations acknowledging merchants from your area.

• OctaFX – OctaFX offers multi-resource exchanging on a scope of stages and versatile arrangements.
• RoboForex – RoboForex is a multi-resource online representative contributing incredible exchanging associates.
• Worldwide Prime – Global Prime is a multi-managed exchanging intermediary offering 100+ business sectors.
• FP Markets – FP Markets is a multi-resource representative contribution to a decision of exchanging stages.
• Videforex – Forex dealer Videforex acknowledges stores in the scope of cryptocurrencies. Payouts reach 95% per exchange.

FAQ

What is the LH Crypto cashback scheme?

Presently, 5% of assets acknowledged by LH Crypto from customers are circulated between token holders, like profit installments.

What trading platform is offered at LH Crypto?

The agent utilizes the business driving MT5 arrangement. With a set-up of cutting-edge exchanging instruments, the terminal is a solid stage appropriate for amateurs and experts.

What is the LH Crypto Coin?

The LH Crypto Coin is a utility token utilized to exchange a scope of conventional business sectors, just as advanced monetary standards. Therefore, the LH Crypto coin cost is relied upon to develop as the tokens available for use decline.

Does LH Crypto offer brokerage services in South Africa?

Indeed, because of the prominence of crypto currencies in South Africa, the business is accessible to inhabitants. Customers can exchange different instruments, including forex, and wears like gold. The merchant has even opened a few workplaces in the Republic of South Africa.

What LH Crypto offers spreads?

Spreads are gliding and consequently will change as indicated by economic situations. The most reduced distances can be found on high-liquidity instruments, for example, major forex sets like the EUR/USD.