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LIKEWOOD foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://likewood-invest.com/register, about the company's legal and temporary regulatory information, the company's address 10 BLOOMSBURY WAY, LONDON WC1A 2SL, UNITED KINGDOM..
LIKEWOOD Forex Broker
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LIKEWOOD Review SummaryFoundedWithin 1 yearRegistered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsCryptocurrencies, Currency Pairs, Indices, Commodities, Metals, SharessDemo AccountUnavailableLeverageUp to 1:400SpreadNot mentionedTrading PlatformDesktop Terminal, Mobile Android App, WebTraderMin Deposit€250Customer SupportEmail: support@likewood-invst.comLIKEWOOD Information LIKEWOOD, a foreign trading platform launched last year, is unregulated and has raised concerns about transparency and security. Silver (from €250), gold (from €500), platinum (from €1,000) accounts are available with a maximum leverage of 1:200 to 1:400. With variable spreads and commission-free trading accounts, you can trade cryptocurrencies, currency pairs, indices, commodities, metals, shares.Pros and ConsProsConsWide range of trading assetsLack of regulatory oversightHigh leverage optionsLimited customer support hoursUser-friendly platformMultiple payment methodsIs LIKEWOOD Legit? LIKEWOOD is not regulated by its registration place and is not overseen by any reputable regulators.What Can I Trade on LIKEWOOD? LIKEWOOD offers traders the opportunity to trade Crypto Currencies, Currency Pairs, Indices, Commodities, Metals, and Shares.Tradable InstrumentsSupportedCrypto Currencies✔Currency Pairs✔Commodities✔Indices✔Metals✔Shares✔Account Types LIKEWOOD offers three live account types, namely Silver Account, Gold Account, and Platinum Account. The Silver account is the starting point for traders to get involved in online trading, with a minimum deposit of 250 euros. Traders can enjoy 1:200 leverage to control large positions with relatively small capital. Silver account can choose 200+ financial assets. The Gold account costs 500 euros to open with a leverage of 1:300, and has the advantage of dedicated account manager support. The Platinum account is the main product of LIKEWOOD, provided for experienced traders. The minimum deposit is 1000 euros with a leverage of 1:400. Besides, it enjoys dedicated account manager support.Silver accountGold accountPlatinum accountMinimum Deposit€250€500€1,000Leverage1:2001:3001:400Leverage LIKEWOOD offers different leverage by account type: silver account (1:200), gold account (1:300) and platinum account (1:400). Each account leverage can amplify their trading positions and potentially increase the risk of profit and loss, which should be used with caution and risk management.LIKEWOOD Fees LIKEWOOD Fees are still considered relatively low. LIKEWOOD implements a commission-free structure on trades for all account types. Spread information is not available as their website is currently inaccessible.Trading Platform LIKEWOOD offers Platform for Desktop (Desktop Terminal), Platform for Mobile (Mobile Android App) and WebTrader.Trading PlatformSupportedAvailable DevicesSuitable forDesktop Platform✔Desktop Terminaltraders who need advanced tools and features to trade successfullyMobile Platform✔Mobile Android Apptraders who trade on the go using their Android smartphones or tabletsWebTrader✔Not mentionedtraders who trade from anywhere with an internet connectionDeposit and Withdrawal LIKEWOOD offers a variety of options such as credit cards, bank transfers and electronic payments. LIKEWOOD promises to process withdrawal within 24 hours. After logging in, traders can withdraw money in a variety of ways, such as credit card, bank transfer and electronic payment, and follow the on-screen instructions.
How to login to LIKEWOOD?
LIKEWOOD Similar Brokers
Pros
Wide range of trading instruments available, including forex, cryptocurrencies, commodities, and stocks. Multiple account types to cater to different trader experience levels. Claims of advanced trading tools and features for automated trading.Cons
Lacks a valid forex license and regulatory oversight, raising concerns about trustworthiness. Negative warnings issued by regulatory authorities, indicating potential fraudulent activities. Non-transparent trading conditions and unspecified spreads, which can lead to unexpected costs.Basic Information
Registered Region 
Netherlands
NetherlandsOperating Period
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Company Name
LIKEWOOD
Abbreviation
LIKEWOOD
Company employee
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Customer Service Email Address
support@likewood-invst.com
Company Website
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Company Address
10 BLOOMSBURY WAY, LONDON WC1A 2SL, UNITED KINGDOM.
How to login to LIKEWOOD?
likewood Complete Account Guide: Registration, Account Opening, and Login Processes Welcome to the comprehensive guide on managing your likewood account. This guide will walk you through the processes of registration, account opening, and logging in, ensuring that you have all the necessary information to navigate the platform successfully. Part One: Account Registration Process How to Register a likewood Account Creating a likewood account is the first step to accessing its services. Follow these detailed steps to ensure a smooth registration process: Step 1: Accessing the Registration Page Start by visiting the official likewood website. Look for the “Sign Up” or “Register” button prominently displayed on the homepage. Click on it to be directed to the registration form. Step 2: Filling in Required Information On the registration form, fill in your personal details. Commonly required information includes: First and Last Name Email Address Phone Number Password (ensure it meets security requirements) Step 3: Email/Phone Verification After submitting your information, likewood will send a verification link to your email or a code to your phone. Check your email inbox or your SMS messages for this verification. Click the link or enter the code to proceed. Step 4: Identity Verification (if required) In some cases, likewood may require further identity verification. This could involve uploading a government-issued ID or proof of residence. Follow the on-screen instructions to complete this step. Step 5: Registration Confirmation Once all information is verified, you will receive a confirmation message, either on the screen or via email, indicating that your likewood registration is successful. Common Registration Issues and Solutions Email Not Received: Check your spam or junk folder. If you still dont see it, try resending the verification email. Invalid Information: Ensure all entered details are correct and match your identification documents. Technical Issues: Clear your browser cache or try a different browser if you experience loading problems. Regional Differences in Registration While the registration process is generally uniform, users in specific regions may face additional requirements. Always check the regional guidelines on the likewood website to ensure compliance. Part Two: Account Opening Process likewood Account Opening Detailed Guide After successful registration, the next step is to open your likewood account. Heres how to proceed: Difference Between Registration and Account Opening Registration involves creating an account with basic information, while account opening includes selecting account types and providing necessary documentation for trading. Preparation Work Before Account Opening Before opening your account, ensure you have: A valid identification document (e.g., passport or drivers license) Proof of address (e.g., utility bill) Your bank details for funding your account Detailed Account Opening Steps Step 1: Selecting Account Type Log in to your newly created account and choose the type of account you wish to open. Options may include individual, joint, or corporate accounts, depending on your needs. Step 2: Submitting Required Documents Upload the necessary documents for verification. This typically includes your ID and proof of address. Ensure that the documents are clear and legible. Step 3: Account Review Process Once submitted, your account application will undergo a review process. This can take anywhere from a few hours to a couple of days, depending on the volume of applications. Step 4: Account Activation Upon approval, you will receive a notification confirming that your account is active. You can now log in and start trading. Step 5: Initial Setup After activation, complete your account setup. This may include setting up two-factor authentication for added security and linking your bank account for deposits. Frequently Asked Questions About Account Opening How long does the account opening process take？ Typically, it takes 1-3 business days for account verification. What if my application is denied？ You will receive an explanation via email, and you can rectify any issues before reapplying. Next Steps After Opening an Account Once your account is active, familiarize yourself with the platforms features, explore educational resources, and start planning your trading strategies. Part Three: Login Guide likewood Login Process Explained Accessing your likewood account is straightforward. Heres how to log in effectively: Basic Web Login Process Step 1: Visit the likewood Login Page Go to the official likewood website and locate the “Login” button on the homepage. Step 2: Enter Your Credentials Input your registered email address and password in the respective fields. Ensure that the information is accurate to avoid login issues. Step 3: Two-Factor Authentication (if enabled) If you have set up two-factor authentication, enter the verification code sent to your phone or email. Step 4: Click on “Login” After entering your credentials, click the “Login” button to access your account. Step 5: Navigate the Dashboard Once logged in, familiarize yourself with the dashboard and available features. Mobile App Login Process If likewood has a mobile app, download it from your devices app store. The login process is similar: Open the app Enter your credentials Complete any additional verification steps Other Login Methods Depending on the platforms offerings, you may also have the option to log in using third-party services or single sign-on (SSO) methods. Common Login Issues and Solutions Forgotten Password: Click on the “Forgot Password” link on the login page and follow the instructions to reset your password. Account Lockout: If you enter incorrect credentials multiple times, your account may be locked. Follow the recovery instructions provided on the page. Technical Issues: Ensure your browser is updated, or try clearing your cache. If issues persist, contact customer support. Overview of Features After Login Once logged in, you will have access to your account dashboard, trading tools, educational resources, and customer support. Additional Sections Account Security Recommendations Use a strong, unique password for your likewood account. Enable two-factor authentication for added security. Regularly monitor your account for any suspicious activity. Best Practices for Account Management Keep your personal information updated. Review your account settings regularly. Take advantage of educational resources to enhance your trading knowledge. How to Get Technical Support If you encounter any issues, likewood offers customer support via email, phone, or live chat. Always check the FAQ section on their website for quick answers. Conclusion Navigating the likewood platform can be seamless with the right guidance. Follow this comprehensive account guide to ensure a smooth registration, account opening, and login experience. For any further assistance, don't hesitate to reach out to likewood's support team. This guide synthesizes information from various sources regarding the likewood platform, ensuring that you have the most accurate and up-to-date instructions for managing your account.
Likewood Forex Broker - Comprehensive Information Guide
1. Broker Overview
Likewood Broker, officially known as Likewood Invest Ltd, was established in 2022. The company is headquartered in the United Kingdom, with additional offices reportedly in Hong Kong. Likewood operates as a private entity and is not publicly listed. The primary market for Likewood consists of individual retail traders and institutional clients interested in trading various financial instruments, including forex, cryptocurrencies, commodities, and indices.
Since its inception, Likewood has aimed to provide a user-friendly trading environment, catering to both novice and experienced traders. The broker has made significant strides in developing its trading platform and expanding its product offerings. However, it is essential to note that the company has faced scrutiny regarding its regulatory status and operational practices.
Likewood's business model focuses primarily on retail forex trading, offering a range of account types and trading options designed to meet the diverse needs of its clients. The broker aims to provide competitive trading conditions, including leveraged trading and access to multiple financial markets.
2. Regulatory and Compliance Information
Despite its claims of legitimacy, Likewood Broker operates without proper regulatory oversight. The company has not been authorized by any recognized financial authority, which raises concerns about its compliance with industry standards. Notably, the Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg issued a warning against Likewood, stating that it is not regulated and not authorized to offer financial services in or from Luxembourg.
- Main Regulatory Authorities: None
- Regulatory Numbers: N/A
- Validity and Scope of Licenses: Likewood does not hold any valid licenses.
- Legal Entities in Different Regions: The company claims to operate in the UK and Hong Kong, but no records have been found in the registers of the Financial Conduct Authority (FCA) or the Hong Kong Securities and Futures Commission (SFC).
- Client Fund Segregation Policies: No information provided regarding client fund segregation.
- Investor Compensation Fund Participation: Not applicable due to lack of regulation.
- KYC and AML Compliance Measures: Likewood claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, but the effectiveness and enforcement of these measures remain questionable.
3. Trading Products and Services
Likewood Broker offers a diverse array of trading products, which include:
- Forex Currency Pairs: The broker provides access to a range of forex pairs, although the exact number and major pairs available were not specified.
- CFD Product Categories: Likewood allows trading in various CFDs, including indices, commodities, stocks, and cryptocurrencies.
- Unique Products or Trading Instruments: While specific unique products were not highlighted, the broker claims to offer a broad selection of trading instruments.
- Product Update Frequency and New Additions: No detailed information on the frequency of product updates or newly added instruments was provided.
- Retail Trading Services: Likewood focuses on retail trading, offering various account types to cater to different trader profiles.
- Institutional Client Services: No specific information regarding services tailored for institutional clients was found.
- White Label Solutions: There is no mention of white label solutions being offered by Likewood.
- Asset Management Services: No information was available regarding asset management services.
4. Trading Platform and Technology
Likewood Broker provides a web-based trading platform, which is designed to be user-friendly and accessible across devices. However, it lacks support for popular trading platforms such as MetaTrader 4 or MetaTrader 5.
- MetaTrader 4/5 Support: The broker does not support MetaTrader platforms.
- Proprietary Platform Details: The specifics of the proprietary platform were not elaborated upon, but it is designed for ease of use.
- Web-Based Trading Platform: Likewood offers a web-based platform that can be accessed from various devices without the need for downloads.
- Mobile Application: There is no mention of a dedicated mobile application for iOS or Android.
- Execution Model: The execution model (ECN, STP, Market Making) was not specified in the available information.
- Server Locations and Technical Infrastructure: No details were provided regarding server locations or the technical infrastructure supporting the trading platform.
- API Access and Automated Trading Support: There is no information on API access or support for automated trading.
5. Account Types and Trading Conditions
Likewood Broker offers several account types to accommodate various trading preferences, although specific details about each account type were limited.
- Standard Account Conditions: The minimum deposit requirement is reported to be €250, but details on spreads and commissions were not specified.
- Advanced Account Types: Higher-tier accounts suitable for experienced traders may offer additional features, but specifics were not provided.
- Special Accounts: Information regarding Islamic accounts or corporate accounts was not available.
- Demo Account Policy: Likewood offers a demo account for practice, allowing users to familiarize themselves with the trading environment without risking real funds.
- Leverage Ratios: The leverage offered by Likewood was not clearly stated, which is a crucial factor for traders.
- Minimum Trade Size: No information was available regarding the minimum trade size.
- Overnight Fees Policy: Details on overnight fees or swap rates were not disclosed.
6. Fund Management
Likewood Broker provides various methods for fund management, but specific details on each method were limited.
- Supported Deposit Methods: Likewood accepts deposits via bank transfer, credit/debit cards, and possibly cryptocurrencies.
- Minimum Deposit Requirements: The minimum deposit varies by account type, starting at €250.
- Deposit Processing Time: The processing time for deposits was not specified.
- Deposit Fees: There was no information regarding any deposit fees.
- Withdrawal Methods and Restrictions: The broker allows withdrawals through the same methods used for deposits, but specific restrictions were not detailed.
- Withdrawal Processing Time: Likewood claims to process withdrawal requests within 24 hours, but this may vary.
- Withdrawal Fee Structure: No details were provided regarding withdrawal fees.
7. Customer Support and Educational Resources
Likewood Broker offers customer support to assist clients with their inquiries and trading needs.
- Support Channels: Likewood provides support through email and possibly other channels, but specifics were not detailed.
- Service Hours and Time Zone Coverage: The support service hours were not specified.
- Multilingual Support: There was no information on the languages supported by the customer service team.
- Types of Educational Resources: The broker claims to offer educational resources, including webinars, tutorials, and eBooks, but specifics were lacking.
- Market Analysis Services: Daily market analysis, news updates, and research reports were not explicitly mentioned.
- Trading Tools: Various trading tools, such as calculators and signal services, were not detailed.
8. Regional Coverage and Restrictions
Likewood Broker aims to serve a broad market, but specific coverage details were limited.
- Primary Service Markets: Likewood primarily targets retail traders in Europe and possibly other regions, but specific countries were not mentioned.
- Regional Office Distribution: The broker has offices in the UK and Hong Kong, but details on other regional offices were not provided.
- Countries/Regions Not Accepted: There is no information on countries or regions from which clients are not accepted.
- Special Restrictions: No specific restrictions were mentioned.
In conclusion, while Likewood Broker presents itself as a comprehensive trading platform, potential clients should approach with caution due to the lack of regulatory oversight and transparency regarding its operations. It is advisable to conduct thorough research and consider regulated alternatives before engaging with this broker.
LIKEWOOD Similar Brokers
LIKEWOOD Forex Broker has an overall rating of 1.45, Regulatory Index 0.00, License Index 0.00, Business Index 6.08, Software Index 4.37 Risk Control Index 0.00.