Logirium

My account was flagged as “suspicious activity” after a series of profitable trades. Logirium limited the volume of orders and prohibited me from opening new positions until verification. I had to close pending trades at an unfavorable price – my margin melted away and I lost $517 in one session. I should add that the verification took a week, during which time swaps accumulated and my deposit dried up completely. However, Logirium did not provide clear deadlines or an SLA. Thus, my losses were not due to strategy, but to procedures: blocks, limits, and a protracted verification of my data.

I submitted a request to Logirium.com to withdraw $862, and an hour later my account went into a security check, the terminal wouldn’t let me trade, and my orders became invisible. Support requested another KYC. While I was waiting, the market turned around, the margin call closed some of my positions, and I lost almost a third of my balance. After my account was unlocked, it turned out that the withdrawal was again under review. I have a feeling that this is fraudulent activity…

During the NFP release, the terminal froze: the candles moved jerkily, Buy/Sell did not work, and modifying stops was fruitless. Then the stop loss was executed with more slippage than expected, and the take profit was not accepted. Support cited “increased load.” As a result, I lost $660, which is more than planned, and I couldn’t close the position manually because of “trading flow congestion.” I’d like to point out that stability is critical for active trading—logirium.com lacked it, costing me part of my deposit.

Support responds to email requests in about 8 hours, and I cannot get through on the phone!! So I decided not to invest here: the leverage and commissions are unclear, and I prefer predictable conditions.

It’s hard for beginners without one – I wouldn’t start trading with €10K without testing the platform

I spent quite a long time looking for a decent broker that would suit me in all respects. Through trial and error, I settled on LOGIRIUM, and I am happy with it. What exactly is good about this company? First, reliable protection of customer data. Everyone knows that many companies resell their users’ contacts and even passport details. This broker is as reliable as a bank vault! Secondly, the trading process itself is as comfortable as possible here – high order execution speed, low spreads, minimal slippage, and competent technical support. The only drawback is the slow withdrawal of money to a bank card, and I don’t work with electronic or crypto wallets. However, I discussed this issue with the manager, and according to him, active work is being done in this direction. I should note that I have been trading steadily on logirium.com for almost three months now, and during that time I have not encountered any serious problems. I am very satisfied.

This company has never obtained a license to operate in this business. They are happy as long as you suffer losses. If you make a profit,LOGIRIUM refuses to pay it out, suspending your account, which is why I lost $1.3K. Furthermore, if they claim to make money using spreads (which is clearly not true), why don’t they allow scalping or advisors? In addition, managers claim that scalping is contrary to market rules. Although in fact, retail traders trading CFDs, which are derivative financial instruments, cannot influence the market in any way! In addition, the number of trades would allegedly be insufficient to manipulate the markets on logirium.com, as they claim in their threatening emails.