Score

1.58 /10
Danger

LIZFX

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.50

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

LIZFX

Company Abbreviation

LIZFX

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-22
  • 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!

WikiFX Verification

LIZFX · Company summary

Note: LIZFXs official site - http://www.lizfx.cn/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

LIZFX is allegedly a forex broker registered in the United Kingdom.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc. Note that the broker says it offers the worlds leading MetaTrader4 trading platform.

As for regulation, LIZFX holds a suspicious clone Financial Conduct Authority (FCA) license. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.51/10. Please be aware of the risk.

General Information & Regulation
General Information & Regulation

Note: The screenshot date is January 12, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

LIZFX is a forex broker that mainly offers forex pairs trading.

Trading Platform Available

The platform available for trading at LIZFX is one of the most notable and preferred trading platforms the market offers - MetaTrader4, which is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Customer Support

LIZFX‘s customer support can be reached by telephone: +44-207-1176465, email: info@lizfx.com. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.

Pros & Cons

Pros Cons
• MT4 supported • No regulation
• Website inaccessible

Frequently Asked Questions (FAQs)

Q 1: Is LIZFX regulated?
A 1: No. It has been verified that LIZFX currently has no valid regulation.
Q 2: Does LIZFX offer the industry-standard MT4 & MT5?
A 2: Yes. LIZFX supports MT4.
Q 3: Is LIZFX a good broker for beginners?
A 3: No. LIZFX is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

User Reviews

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User comment

2

Comments

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King864
more than one year
Awful! I have found them aggressive and rude! I have repeatedly requested to withdraw my money but they will not act thus I am now unable to access my account!
Awful! I have found them aggressive and rude! I have repeatedly requested to withdraw my money but they will not act thus I am now unable to access my account!
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2022-12-12 15:23
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GRMFX
more than one year
This Lizfx is totally a scammer. When I told my account manager that I wanted to withdraw my fund, he blacklisted me, leaving me nowhere to turn to… You guys must stay away from this platform, or they will hurt you so much.
This Lizfx is totally a scammer. When I told my account manager that I wanted to withdraw my fund, he blacklisted me, leaving me nowhere to turn to… You guys must stay away from this platform, or they will hurt you so much.
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2022-12-07 18:46
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