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No Regulation
Score
1.49 /10
Danger
LION FX
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.86
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
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-24
- 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
Note: LION FX's official website: http://www.lionfxltd.com/is currently inaccessible normally.
LION FX Information
LION FX is an unregulated brokerage company registered in the United Kingdom. This firm specializes in forex trading. However, the lack of transparency about its service and platform makes it impossible to to explore further.
Is LION FX Legit？
LION FX currently does not hold any valid regulatory certificates. Although it is incorporated in the United Kingdom, it lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
Downsides of LION FX
- Unavailable Website
LION FX's official website is currently inaccessible. It's anyone's guess whether it's still up and running.
- Lack of Transparency
There is a notable lack of information about LION FX available online. This lack of transparency can really dampen investors' enthusiasm.
- Regulatory Concerns
LION FX is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.
Conclusion
Opening an online brokerage account can be an easy way to start investing. But all brokerages aren't created equally. Most excellent brokerages not only give you more investment choices, but also present you more routes to achieve your goals. LION FX is a brokerage focusing on mirror trading without any valid regulatory certificates. It's time to find another brokerage.
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