On-line since: About company: Lottmarket is a binary options broker registered in Scotland in 2014. The company is developing in line with a strategy that involves reaching the global market and providing its services anywhere in the world. At the moment, the broker is not authorized by a regulatory body. If you are concerned about your investments, we recommend that you look at other dealing centers in our ranking. Basic assets Lottmarket offers its clients to create any assets from the existing ones, in addition to base assets. Thus, you may trade exotic currency pairs and popular shares. The asset list is being constantly updated, which allows traders to create new combinations. Trading software Lottmarket provides its own trading platform. The company says its cutting-edge platform has no analogues in financial markets and is convenient for trading. Lottmarket.com offers four trading strategies with all financial instruments: Call/Put You can earn on a rise or fall of securities compared to the price of a contract at the moment of its opening. Higher/Lower You can be in-the-money in case at the moment of a contract’s expiration, the price is above or below its initial value. Touch/No-touch Using this strategy, you can earn in case the price touches or does not touch the determined level. Inside/Outside You earn in case the price remains within or breaks the determined level of support/ resistance. Account types There are three account types with a minimum deposit of $200. Opening an account is free, but to start trading you need to deposit the minimum amount. Demo account is an account for newcomers in the options trading or for those who had no experience with LottMarket before. The main advantage of this account type is a possibility to use it for an unlimited period of time. To get access to the demo account, a trader should deposit at least $300. Real account is an account which offers real trading experience with real money and real profit. The platform offers completely customized target prices and four contract types. The minimum deposit is $200. PAMM account. LottMarket claims to be the first binary options broker to introduce PAMM accounts. This account is opened by a manager (an experienced trader) with a certain amount of money. The manager creates an offer with cooperation conditions for investors and defines percent from a profit. In our review of LottMarket we would like to highlight that the broker’s website provides quite vague details about its account types so we recommend that traders contact the company’s support service in case of any questions. Registration and payment options Traders are offered several payment options, including bank cards, e-wallets and payment systems. Moreover, depositing can be made via a personal online bank. Money withdrawal takes up to 5 business days in the same currency the deposit was made. The US dollar, the euro and the pound sterling are available account currencies. Advantages
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Lottmarket is a bogus platform to me, I got the worst service so far. As I found a high spread and always getting a huge slippage in my deal. So I can't feel safe with Lottmarket after losing $400 so far. So I am disappointed with Lottmarket. I don’t recommend investing.
Already half a year I joined Lottmarket. Lottmarket system is very slow, I also often had difficulty opening Lottmarket website. Information given is rarely updated. I also never again contact customer support because they've never responded to my questions. I only see their progress on the website although I often had difficulty opening their website. I can only be patient waiting for profits which should be I enjoy before. But now, I'm moving to better broker.
I can't trade with Lottmarket broker and I can't run my business. As I am a job holder in a bank and I have few time to trade the MT4 desktop platform. So now I am preferring to trade mobile platforms or web-based platforms. But Lottmarket didn't provide good service on these platforms. So I think Lottmarket isn't for me.
The PAMM system at Lottmarket is really helping me out in my trading activities. It has minimized the risks and made my account profitable. It is great that this broker provides favorable trading conditions to their clients.
I am dealing with the PAMM trader account with Lottmarket. I say that their PAMM system is profitable for me because I don't have much time to trade also if anyone doesn't know about the market but knows the basic of the market, could be making money by choosing PAMM traders account. I’ve tried the PAMM account at this broker and get the 85% profitable result so far. I think this is a safe income in the market. I highly recommend Lottmarket, they are a trustful broker.
Lottmarket is a not good broker when it comes to execution. I am unable to make any profit with them cause trade execution is too much slow, some time it takes 50 seconds to execute an order. Besies this, a lot of bug messages from the desktop platform, many times I could not exit my trades because MT4 did not respond. How could a trader earn money with such kind of broker? When I contact their support department, they did not help me instead blaming is my ISP problem. So I will not recommend this broker.
The customer support team of Lottmarket is highly reliable. Opening an account with them was very easy and making trades is not hassle. The trading platform runs smoothly which allows me to have a profitable experience. Payment system is also efficient.
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