Score

1.21 /10
Danger

Lontl

Cayman Islands

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Quantity 1

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Score

Regulatory Index0.00

Business Index4.73

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

Lontl

Company Abbreviation

Lontl

Platform registered country and region

Cayman Islands

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Lontl · Company summary
Company NameLontl
Registered Country/AreaCaymen Island
Founded Year2021
RegulationUnregulated
Market Instruments Contract Transaction (swap/exchange), Forex, Commodity, Options
Trading PlatformsLontl platform app
Demo AccountAvailable
Customer SupportOffline address

Overview of Lontl

Lontl, established in 2021 and based in the Caymen Island, operates as an unregulated financial services company, offering a various range of trading products and services.

These include contract transactions (such as swaps and exchanges), Forex trading, commodities, and options. Lontl plans to meet the needs of modern traders with its proprietary“Lontl platform app”.

Lontl's homepage

Is Lontl Legit or a Scam?

Lontl is not regulated by any famous authorities.

Pros and Cons

ProsCons
Various Trading OptionsUnregulated
Advanced Security Measures
Innovative Trading Features
Pros and Cons

Market Instruments

Lontl offers a comprehensive range of trading products designed to meet the various needs of modern traders, including:

1. Contract Transactions: This encompasses swap and exchange contracts, allowing traders to engage in derivative transactions that can hedge against market movements or speculate on future prices of underlying assets.

2. Forex: The platform provides access to the foreign exchange market, enabling traders to buy, sell, and speculate on currencies from around the world, attracting those looking to trade major, minor, and exotic currency pairs.

Forex

3. Commodities: Lontl offers commodity trading, which includes a variety of physical goods such as metals, energy, and agricultural products. This allows traders to diversify their portfolios and take positions based on the expected future price movements of these tangible assets.

Commodities

4. Options: The platform includes options trading, giving traders the ability to buy or sell a security at a predetermined price within a specified time frame. This adds flexibility and the potential for strategic investments based on market forecasts.

Options

Trading Platform

Lontl offers its proprietary “Lontl platform app” as its primary trading platform.

This app is designed to meet the needs of modern traders, providing a seamless and user-friendly interface for trading a variety of financial instruments, including contract transactions, Forex, commodities, options, and participating in DeFi pools.

The Lontl platform app is available for multiple devices, including iPhone (with support for TestFlight) and Android, ensuring traders can manage their investments and monitor the markets conveniently from anywhere.

Lontl platform app

Customer Support

Clients can reach out to the company at its registered office located at 171 Elgin Ave, George Town SIX, Cricket Square, Grand Cayman KY1-1001, Cayman Islands.

Conclusion

Lontl has been introduced as a trading platform with an array of financial products, such as contract transactions, Forex, commodities, options, and DeFi pools. The Lontl platform app, made available for both iOS and Android devices, intends to provide a user-friendly and efficient trading experience.

FAQs

What products can I trade on Lontl?

You can trade contract transactions, Forex, commodities, options, and participate in DeFi pools on Lontl.

What platforms are available for trading on Lontl?

Lontl offers the Lontl platform app, available for iOS (including TestFlight) and Android devices.

Does Lontl offer a demo account?

Yes, Lontl provides a demo account for traders to practice trading strategies before going live.

What security measures does Lontl have in place?

Lontl employs bank-level security systems, including hot and cold wallet isolation, to ensure the safety of your transactions.

User Reviews

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User comment

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Comments

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FX2012950912
3-6months
Beware, the entire site is a scam. They entice you to transfer money to the site and even let you transfer a small amount out. But once you transfer a large sum in, you are unable to transfer anything out. They freeze your assets and want you to transfer an additional amount that is half of what you want to withdraw as "proof of your identity" They will not transfer anything off the site. They let you realize great gains on trades, but as soon as you transfer large sums in, they prevent any transfers out, even out to accounts that sourced the transfer in.
Beware, the entire site is a scam. They entice you to transfer money to the site and even let you transfer a small amount out. But once you transfer a large sum in, you are unable to transfer anything out. They freeze your assets and want you to transfer an additional amount that is half of what you want to withdraw as "proof of your identity" They will not transfer anything off the site. They let you realize great gains on trades, but as soon as you transfer large sums in, they prevent any transfers out, even out to accounts that sourced the transfer in.
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2024-08-21 14:12
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Juan Chang
more than one year
Lontl's communication could be better. They don't send out many updates or market insights.
Lontl's communication could be better. They don't send out many updates or market insights.
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2024-07-11 10:22
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