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Counterfeit Dealer
Score
1.47 /10
Danger
Fake LION BROKERS
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 2
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.65
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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
open now
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-25
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Exposure
2 pieces of exposure in total Pyramid scheme complaint
Expose| Registered in | Hong Kong, China |
| Regulated by | No effective regulation at this time |
| Year(s) of establishment | 2-5 years |
| Trading instruments | Information not available |
| Minimum Initial Deposit | Information not available |
| Maximum Leverage | Information not available |
| Minimum spread | Information not available |
| Trading platform | Information not available |
| Deposit and withdrawal method | Information not available |
| Customer Service | Information not available |
| Fraud Complaints Exposure | Yes |
Note: At this time, we only have a cursory look at Fake LION BROKERS as the company's official website (http://www.spggg.com/ ) does not open properly.
Screenshot time: 01/06/2023
WikiFX provides dynamic scoring, it will track the broker's dynamic real-time scoring, the current time screenshot scores do not represent past and future scoring.
General information and regulations
Fake LION BROKERS is registered in the Hong Kong, China and appears to be a fraudulent broker without any credible regulation, with a history of no more than 5 years. Unfortunately, we could not find any more detailed information about this broker on the internet. Therefore, we recommend that you do not deal with such a low-information broker right off the bat and always consult WikiFX to get at least a basic understanding of a broker.
When choosing a forex broker, you should know that a regulatory license does not necessarily guarantee the reliability of a broker as it may be an expired or cloned regulatory license, but a broker without any regulatory license has a high probability of being unreliable.
Customer support
Unfortunately, we did not find any useful information on the web about Fake LION BROKERS customer support. Regulated brokers usually disclose their phone numbers, emails or business addresses so that their clients can contact them.
Users exposures
On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Frequent asked questions about Fake LION BROKERS
Is this broker well regulated？
No, it is currently not effectively regulated and you are advised to be aware of its potential risks.
2
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