Abstract: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 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.
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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