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LS MARKETS -

Score

1.63 /10
Danger

LS MARKETS

The Virgin Islands

5-10 years

Suspicious Regulatory License

Self-developed

Suspicious Scope of Business

High potential risk

https://www.fx-e.com

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Comparison

Quantity 6

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.05

Risk Management Index0.00

Software Index4.74

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

Broker Information

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Company Name

LS MARKETS PTY LTD.

Company Abbreviation

LS MARKETS

Platform registered country and region

The Virgin Islands

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

A Visit to Lian Sheng Global Markets Limited in Australia -- Finding No Office

The survey team confirmed after the on-the-spot visit that there is no office of Lian Sheng Global Markets Limited at the address mentioned in the regulatory information. Please be prudent when trading with this broker.

Danger Australia

WikiFX Verification

Exposure

6 pieces of exposure in total
Pyramid scheme complaint
Expose
Resolved

Can't open the website, let alone withdrawal

Can't open the website, let alone withdrawal

2020-10-14 11:44
Severe Slippage

I set a stop loss, the platform deliberately slipped to make you liquidate your position, and said that they had no problem,

The platform deliberately makes you losing money. It will let you liquidate your position and adjust the spread because the deposit has been in your account for a long time. Moreover, every time I set a stop loss, it will automatically let you liquidate your position. It is a fraud and I do not recommend you to use it. It can't withdraw money either.

2022-05-01 19:47
Resolved

No one handles my withdrawal, even the customer service.

I applied for withdrawal several days ago. The customer service asked me to send him a video which is about I hold my ID card and read my information and the withdrawal amount. I sent. But there is no reply. I can’t contact the customer service now.

2020-10-28 13:34
Resolved

Don’t check my withdrawal. Can’t trade

The system has been in maintenance since October 9. I don’t know whether it’s true or not. The withdrawals just took one day before but now it has been several days.

2020-10-16 13:29
Unable to Withdraw

Unable to Withdraw

Deposit funds on December 26, 2020. Now my profit has been frozen and they just put me off

2021-01-12 18:27
Unable to Withdraw

Unable to withdraw and freeze my account. Now, there is 51705 US dollars in the account and I cannot operate at all

On November 11, 2021, I submitted an application for a withdrawal of 31,500 US dollars. Later, they asked me to withdraw 10,000 US dollars every month until January and I agreed. I left 20,000 U.S. dollars in the platform for further operations. Up to now, the funds in the account plus the 10,000 U.S. dollars on the way to withdraw make a total of 51,705 U.S. dollars, but on December 3, I found out that my account has been disabled. I had deposited a lot of money into this platform before, but I have not got my principle back yet.

2021-12-08 06:43
Sources
Data Source WikiFX Data provide
Updated: 2024-12-23

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