Share
Leno

7 reasons to start trading with Leno

By Leno · July 14, 2020 · 3 min read
7 reasons to start trading with Leno

Every trader knows that the online broker should be chosen very carefully. But which is more important – the higher leverage or the regulation? Is it necessary to lose your protection as a retail client by categorizing yourself as professional? What are the main differences between online brokers?  

At Leno, we innovate and create solutions every day, so we can solve every problem. Let’s see why some of our clients choose to trade with Leno:  

1. 20+ years of experience 

The history of Leno dates back to 1999 when Lenno Global Advisory JSC (back then Odesos 33 JSC) got a license as an investment intermediary. Member of the Bulgarian Stock Exchange, today the company is part of the Leno Group, which is backed by Japanese investors and aims to become Europe’s next challenger bank. 🚀

2. One of the best trading platforms

MetaTrader 5 is probably the best-known trading platform. It is the successor of the legend – MetaTrader 4. The platform allows you to trade the financial markets on all devices, from everywhere. 💻📱

3. Leverage

As you probably know, the level of leverage is now regulated, depending on your client categorisation - Retail, Professional or Eligible Counterparty. Check this spreadsheet for more detailed information. 

However, we believe that there is a solution to every problem. Which is why we’ve invented the financing for traders. Enjoy. 😎

4. Financing for traders

Now, you can trade without even making a deposit yourself. Or you can trade with a balance up to 10 times larger. 🤑

How it works:

Leno invented this product in 2015. 🥇

5. Spread and order execution

The most important thing for a trader is the order execution, as well as the spread (the difference between the Bid and Ask price. To evaluate our spreads (e.g. for EURUSD is from 0.1 pips), register for a free demo.

6. Security of funds

We hold all client funds segregated, which means that neither we nor our partner banks, ever lend out or invest your money. As a regulated broker, we are a member of the Investor Compensation Fund, which covers your funds by up to €20,000. 💰

7. Regulation

Lenno Global Advisory JSC is authorised and regulated by the Financial Supervision Commission (license number RG-03-188). The company is also registered with the FCA in the UK (firm reference number 825530), BaFin in Germany, CNMV in Spain, CONSOB in Italy, KFN in Poland, Bank of Lithuania, CySEC in Cyprus and other financial regulators within the EU to provide services without a branch.  

Leno JSC is a financial institution, registered with the Bulgarian National Bank (registration BGR00341). 

Share

Leno helps you
borrow. invest. spend. insure.

Available for iOS and Android.