Larson & Holz Review
Larson and Holz IT Ltd was established in 2004 by a group of professional traders who decided to build a brokerage firm to serve clients from developing countries of Eastern Europe, Asia, Africa, and Latin America. The online trading broker offers multiple instruments across forex, stocks, commodities, CFDs, and more. The broker focuses on customer experience and offline customer support through the system of partner offices.
Larson & Holz Review, Pros & Cons
- An advanced trading platform
- Multiple financial instruments
- Educational resources
- Unregulated brokerage firm
- No standalone trading tools
- No live chat support
- No USA clients
In this detailed Larson and Holz review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Larson and Holz Overview
With its head office in Hong Kong, Larson and Holz is an online retail broker that provides traders with competitive trading environments and resources to enable them to seamlessly trade the financial markets. Traders get access to a variety of live trading accounts with the least deposit of $250 and leverage of up to 1:500. They also provide traders with a range of educational resources and a client support service. The broker has been honored with several industry awards, including the Best ECN/STP Broker 2014 by Forex Awards, the Fastest Growing Broker Asia 2012, and more.
Larson and Holz Regulation
There is no regulatory information on the broker’s website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
Larson and Holz Countries
The broker does not provide services for the citizens of Afghanistan, Burma, Central African Republic, Cuba, Democratic Republic of Congo, Democratic People’s Republic of Korea, Eritrea, France, Guyana, Iran, Iraq, Ivory Coast, Lao People’s Democratic Republic, Lebanon, Libya, Myanmar, Republic of Guinea-Bissau, Somalia, South Sudan, Spain, Sudan, Syria, Tunisia, Uganda, USA, Yemen, Vanuatu, Zimbabwe.
Some Larson and Holz’s features and products mentioned within this Larson and Holz review may not be available to traders from certain countries because of legal restrictions.
Larson and Holz Platforms
MetaTrader 5 (MT5) is widely regarded as one of the best trading platforms and was developed in 2010 by the Russian software company, MetaQuotes. It is a platform of choice amongst forex and CFD traders across the globe, owing to its intuitive yet simple user interface that is suitable for beginners and experienced traders alike. It features advanced charts and allows traders to track price movements using over 80 custom indicators and graphical tools, and there are 21 different timeframes. It also supports automated trading using expert advisors. The MT5 trading platform is available as desktop, web, and mobile versions.
Larson and Holz Trading Tools
There are no standalone trading tools on the broker’s website. However, the MT5 trading platform form is packed with a plethora of trading tools to satisfy even the most demanding traders.
Larson and Holz Education
There is a good selection of educational resources on the broker’s website, which are designed to help try and ensure that traders make informed trading decisions. They include market news, videos, articles, and an FAQ section. The broker also offers a Training Centre where you can either subscribe to free educational programs or fee-based training on strategy and analytics for professional traders.
Larson and Holz Instruments
The following trading instruments are offered by Larson and Holz: forex, stocks, commodities, CFDs, and more.
Larson and Holz Accounts & Fees
Larson and Holz offer two account types: Classic (Dealing Desk) and NDD (Non-Dealing Desk). Each account comes with a choice of multiple sub-account classes with minimum required deposits as follows: Start ($250), Standard ($1,000), and Pro ($10,000) Accounts. The minimum trade sizes are 0.01, 0.1, and 1 lot respectively.
As broker fees can vary and change, there may be additional fees that are not listed in this Larson and Holz review. It is imperative to ensure that you check and understand all of the latest information before you open a Larson and Holz broker account for online trading.
Larson and Holz Support
The broker provides traders with a knowledgeable client support team who are available to respond to clients’ technical, general, and account-based inquiries through telephone, email, social media, and an online contact form.
Larson and Holz Deposit & Withdrawal
Traders can deposit and withdraw funds using any of the following payment methods:
- Credit/Debit cards
- Bank transfer
- Electronic payment systems, such as e-vouchers, WeChat Pay, Ali Pay, and Easy-pay.
Larson and Holz Account Opening
To open an account, click on the ‘Open an Account’ button, choose the account type, and fill in the registration form. A link will be sent to your email, which you will use to activate your account. You will be required to sign the user agreement and upload the relevant KYC documents to complete the registration process.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Larson and Holz Summary
Larson and Holz is an online trading broker that offers different financial products for online trading via the MT5 trading platform. They offer multiple account options to satisfy the individual trading needs of clients. However, the broker is not regulated by any known financial authority which may pose as a red flag for some potential traders.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The Company does not provide asset management and does not guarantee a profit. Moreover, the company warns that trading on the financial markets bears certain risks and is not for everyone.