Score

1.40 /10
Danger

Letian

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index6.18

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Letian · Company summary

Since Letians official website (https://www.letian-twtw.com/) is now unavailable, we had to piece together as much information as possible on this brokerage house as a forex broker from other sources.

General Information

Incorporated in 2022, Letian is supposed to be a forex broker. However, this brokerage house is pretty mysterious, with its key information, such as the company behind it, the registered region, and regulatory details not disclosed.

Due to the absence of clear and transparent information mentioned above, it is safe to assume that Letian is nothing more than a con artists elaborate plan to steal money from investors before disappearing with the loot

Since this brokers official website cannot be opened, we could only get minimal information for your reference

As far as we can tell, Letian is not governed by any regulatory authorities, thus that bit of data is settled. Thats why its regulatory status on WikiFX is classified as “No License” and it only receives a pretty low score of 1.12 out of 10 overall. Don't be oblivious to the potential danger, for trading with an unregulated forex broker is a surefire way to lose money.

WikiFX

Customer Support

Worryingly, we were unable to locate any working contact methods for contacting Letian, which means that you will not be able to get in touch with this broker quickly if there are issues with your trading procedure. What's more, if you have trouble making a withdrawal, any money you may have lost is probably gone forever.

Risk Warning

There is a considerable degree of risk involved with online trading of leveraged Forex and CFD instruments, and as a result, it may not be appropriate for all investors.

Please keep in mind that the data presented in this article is meant to serve as a guideline only.

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