Larson Review. Holz: reviews and the whole truth about the broker
In the continuation of a series of reviews of brokers, you can not ignore the "Larson and Holtz". Just need to clarify, the group of companies "Larson. Holz ”, reviews and opinions about which differ from the moment of its appearance on the Russian-speaking segment of the market in 2004, this is the black horse. There are three opinions on what a broker is.
The first - Larson Holz Ltd is the market leader;
The second - L. H is the gray mouse;
Third - the broker is worthy of the blacklist.
The purpose of the article: to acquaint you with the real face of a broker, around whom an incredible amount of ambiguous, and sometimes diametrically opposed, information has accumulated. So that you can make a decision on cooperation or non-cooperation with the company "L. H”.
Why Larson. Holz: Pros and Cons
- Focusing on the interests of clients. At least they are positioning themselves from this side. Yes, and the presence of bonus programs, a high level of service, and compensation of the bank fee for replenishing the card The accrual of interest on the free funds of a personal account is a proof. In addition, it is worth noting that Larson Holtz works not only in the CIS countries, but also in the countries of Asia, Africa Ricks and Europe, where customers are much more demanding and sensitive to the quality of service. Nevertheless, the English-language Internet contains mostly positive feedback about the company.
- Presence of no deposit accounts. , and for experienced traders - to work out a strategy, without risks for themselves. In addition, the profit from them is available for withdrawal.
- Automatic copying of transactions. We will talk more about this service below. I can only say one thing, it is convenient for traders with a lack of time or experience.
- Regulation. For more than 12 years of work, the broker has replaced a bunch of different jurisdictions. The various companies in the Larson holz holding were regulated (and are now regulated) by different institutions. For example, KROUFR and CROFR (non-commercial partnerships, Russia). CRFIN, now NAFD (National Association of Forex Dealers), IFSC (Belize), CySEC (Cyprus), VFSC (Vanuatu Financial Services Commission - international license).
- Own web trading platform for binary options. While working on it, there is no need to install additional programs for working with options.
- Technical support. In the telephone mode, it is available only on weekdays and until 20:00.
- Regulation. This clause also applies to deficiencies. Larson and Holz is currently implementing its trading services under the jurisdiction of St. Vincent and the Grenadines, or Vanuatu, which, although it has an international financial license VFSC, but belongs to the category of offshore licenses. And this means that there is no real leverage on the broker, and in the case of bankruptcy, for example, clients will only have to write angry reviews on the forums, but it is unlikely that they will take their money back.
- Own trading web platform. And again, an advantage flowing into a disadvantage. Launched recently, and, therefore, can not require improvement. Otherwise, it did not work in parallel with MT4.
- No audit from the big four. If a company plans to develop further and becomes more open, then it will need to be audited. This will greatly enhance the credibility of the company.
4 main services of the company that you should pay attention to
- Classic Forex. The client gains access to trading with popular tools. Among them: key currency pairs, stocks, precious metals, oil, indices, etc. - only 69 positions, with a full list and specifications of which can be found here. It is worth noting that the commission at the broker is fixed and fully complies with the laws of the market. In addition, it decreases as trading operations take place.
- ECN Trading Accounts (Electronic Communication Network). In essence, this is the same Forex, which works according to a more modern scheme, which is the main argument in favor of the innovation service from “L. H.” With such a trade, the broker does not interfere in the process - the clients' positions are displayed directly to liquidity providers. Here, as well as possible, the law “time is money” is in effect.
In "L. H” liquidity providers are FXDD, Integral, Currenex is a standard set that does not take away opportunities, but does not add them.
- Binary options. It all depends on whether the price goes up, freezes or slides down. You can trade options for currency, stocks or commodities - a matter of taste.It is worth saying that options are one of the most profitable tools of “Larson. Holz Ltd”. But, it will be interesting only for people who can instantly react, quickly analyze and are willing to take risks.
Three positive differences of options "L. H ”: for trading options there are free apps for portable devices running on iOS and Android; you can practice on a demo account; for trade you do not need to open a separate account.
- LAMM accounts (copying transactions). Recently, many brokers have been pushing hard for this functionality. Its essence is to connect your account to the account of a successful manager in order to start duplicate transactions. You need to understand that free cheese is only in a mousetrap. Therefore, although there is no need to share profits, you will have to pay a subscription fee for signals. It is worth noting that copying transactions is the most civilized form of trust management. Generally speaking, trust management is a separate topic not included in the format of this review. I can only say that this package is implemented in Larson and Holtz well.
Deposit and withdrawal of funds
Deposit and withdraw money into your personal account at https: // lh-broker. ru is possible both through popular payment systems and through bank cards. And you can replenish your account by bank transfer. True, the flow of funds to the account will be delayed in time.
I / O Options
- Bank Transfer
- Yandex Money;
- Perfect Money;
- VISA / MasterCard;
- Alpha Click;
- OKPay Wallet and other systems of money transactions, common in the Russian-speaking segment
The maximum amount to withdraw is unlimited, but the minimum amount starts from $ 100. It will not be superfluous to know that you do not need to worry about currency conversion when you deposit funds, it happens automatically.
The only fly in the ointment is that the back office of Larson and Holtz requires three minimum lots to be performed, after each balance operation. Three lots though not much, but still it is a definite restriction for the investor.
Larson. Holz: review and conclusions
As already mentioned, “Larson. Holz” reviews appear all sorts. As for negative opinions, black PR cannot be ruled out, because for more than a decade of its existence in the Russian-speaking market segment, this group of companies was not seen in any serious scandals with major frauds.
For more than a decade of work in such a highly toxic market as the Forex market in the CIS, and even in the presence of off-line activities (the broker has physical offices in different cities of Russia), L. H has just a few which can be found on the Internet forums, but the number of positive reviews and blogs from real managers who are satisfied with the company's services is much higher.
To cooperate or not is up to you, but I know one thing for sure: every broker has an account there are dissatisfied investors and managers. Without this there is no way.
How objective my independent review is - you decide.
I am waiting for your comments and opinions.
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