Lencor

Quick Overview of Lencor:

💸 Account currency:	USD
💳 Minimum deposit:	250 USD
🔗 Leverage:	Up to 1:200
📊 Spread:	0.5 to 4,0 points
💼 Instruments:	Cryptocurrencies, Stocks, Commodities, Stock Indices, Metals, and Energies
📈 Margin call / Stop out:	20% / 30% / 40% / 45%
💰 Profitability	90 %
❌ Commission	0 %
💲 Total assets	More than 250

Privacy & Policy of Lencor

General Information

The Lencor Company is committed to protecting the privacy and personal information of customers and users of the website. This Privacy Policy explains what data they collect, how they use it, and the steps Lencor takes to protect it.

Collection and use of information:

Lencor may collect the following types of personal information:

• Name, address, telephone number and email address.
• Financial information such as bank details and transaction history.
• Identification documents such as passport or driver’s license.

Non-Personal Information

• We may also collect non-personal information such as your use of the Site, cookies, IP address and web browser data. 

How we use the information we collect

Personal Information may be used to:

• Providing brokerage and financial services.
• Processing and executing transactions.
• Ensuring security and preventing fraud.
• Ensuring compliance with legal requirements.

Non-personal information may be used to:

• Improving the operation of our Site and trading platform.
• Analyzing user behavior.
• Administering and maintaining our Site.
• Disclosure to third parties

We do not sell, rent or share your personal information with third parties except as follows:

• With your consent.
• To fulfill a legal obligation.
• To protect the rights, property, or safety of the Company, our customers, or others.
• In the event of a merger, acquisition or sale of all or part of our assets.

Data Protection

We take all reasonable steps to protect your personal information from unauthorized access, use or disclosure. 

• Such measures include.
• Use of data encryption.
• Access controls.
• Training employees who handle personal information.

Your Rights

You have the right to:

• To obtain information about your personal data that we store.
• To request the correction, updating or deletion of your personal data.
• To refuse to have your data processed for marketing purposes.

About Lencor

Roadmap of Lencor

Lencor is constantly updating the roadmap to be transparent to you, keep you up to date on our goals and share achievements. You can review Lencor past results and assess our future goals.

• 2012

Introduction to Forex

Lencor have entered the Forex market with a unique offering of the lowest spreads and direct delivery of quotes, allowing users to receive quotes virtually without delay and react to price changes with lightning speed.

• 2014

Launch and Initial Operation

Lencor officially launched a trading platform, offering basic trading services for stocks and bonds. Lencor’s initial efforts focused on building a client base and establishing a reputation in the market.

• 2016

Launch of Web Application

Lencor introduced advanced trading features such as margin trading and short selling. Launched a web application that allows trading on the go from a mobile device, increasing the accessibility of Lencor services to users.

• 2018

Diversification and Customer Education

Lencor expanded the range of financial instruments available, including options, futures and ETFs. Began offering educational resources and webinars to help clients make informed investment decisions.

• 2020

Technology Improvements and AI Integration

Lencor integrated artificial intelligence and machine learning for personalized trading recommendations and automated trading strategies. Improved platform security with advanced encryption and multi-factor authentication to protect user data.

• 2022

Global Reach and Community Building

Lencor expanded our services to international markets, supporting multiple languages and currencies. Developed a strong community of traders and investors through forums, social features and regular events.

• 2024

Innovative Services and Market Leadership

Lencor launched new innovative financial products and services such as crypto-trading and robo-advising. Lencor goal is to become a market leader by continuously improving the user experience and capabilities of platform.

Lencor Education:

Lencor has published answers for frequently asked question. Here are these questions and answers that Lencore provided to customers 

What is trading?

Trading involves buying and selling financial instruments, such as stocks, bonds, currencies, and commodities, with the aim of making a profit. Traders analyze market trends, economic indicators, and company performance to make informed decisions. Trading can be conducted through various platforms and can be done by individuals or institutional investors.

How can I get started with trading?

To get started with trading, begin by educating yourself about the financial markets and different types of trading strategies. Open a brokerage account with a reputable broker that offers the trading services you need. Start with a demo account to practice and develop your skills without risking real money. Once you feel confident, you can begin trading with real funds, starting with small amounts and gradually increasing your investment as you gain experience.

How can I stay updated on market news and trends?

Staying updated on market news and trends is crucial for successful trading. Subscribe to financial news websites, follow reputable financial analysts on social media, and join trading communities and forums. Utilize tools and apps that provide real-time market data, news alerts, and analysis. Regularly reading economic reports, company earnings announcements, and market analysis reports will also keep you informed.

What are the different types of trading?

There are several types of trading, each with its own strategies and timeframes. Day trading involves buying and selling securities within the same day. Swing trading holds positions for several days to weeks to capitalize on short-term market movements. Position trading involves holding positions for months or even years, focusing on long-term trends. Additionally, there are specialized forms such as options trading, futures trading, and forex trading, each with unique characteristics and strategies.

Is trading suitable for everyone?

Trading is not suitable for everyone, as it requires a certain level of risk tolerance, financial knowledge, and emotional discipline. It’s important to understand the risks involved and to only trade with money you can afford to lose. If you are not comfortable with high levels of risk or do not have the time to dedicate to learning and monitoring the markets, investing in more stable, long-term financial products might be a better option.

What is fundamental analysis?

Fundamental analysis is a method of evaluating the intrinsic value of a financial asset by examining related economic, financial, and other qualitative and quantitative factors. This involves analyzing a company’s financial statements, management, industry conditions, and overall economic indicators. The goal is to determine whether an asset is undervalued or overvalued based on its fundamentals, which can help in making informed investment decisions.

Web Platform:

Experience the pinnacle of online trading with Lencor state-of-the-art platform, designed to meet the needs of both novice and seasoned traders. Lencor cutting-edge technology ensures a seamless and intuitive trading experience, allowing you to access global markets with ease and precision. Whether you are trading stocks, forex, commodities, or cryptocurrencies, Lencor platform offers a robust set of tools and features to help you make informed decisions and execute trades swiftly

Can Lencor be trusted?

Yes, Lencor can be trusted. Founded in 2016, Lencor adheres to stringent regulations from Tier 1 and Tier 2 authorities, providing a secure and stable environment for forex and CFD trading.

Is Lencor suitable for long-term investments?

Certainly, Lencor is suitable for long-term investments. While initially focused on CFD and copy trading, which may have limited appeal to long-term investors, the company has evolved to better accommodate those seeking extended investment opportunities.

Why do some people criticize Lencor?

Criticism towards Lencor often stems from common user errors rather than inherent flaws in the platform. Many complaints arise from inexperienced investors venturing into highly volatile assets like cryptocurrencies, or attempting to exit investments hastily, leading to potential losses. 

🧩 Platforms:	WebTrader
💳 Payment Methods:	Bitcoin;  Credit/Debit Cards;  PayPal; Apple Pay;  USDT
💼 Withdrawal Methods:	Crypto
🌍 Languages:	English
💲 Currency pairs:	BTC/USD;  ETH/USD;  EUR/USD,  GBP/USD;  USD/CAD;  XPR/USD
✏️ Established:	2012

Other review of Lencor:

Medium