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Regarding the legitimacy of LS MARKETS forex brokers, it provides a comprehensive investigation into the security aspects of regulatory ASIC, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Business

Field Survey Danger

License

ASIC Revoked

Is LS MARKETS safe?

The regulatory license is the strongest proof.

AR

ASIC Appointed Representative(AR)

Australia Securities & Investment Commission

Australia Securities & Investment Commission

Regulatory Agencies Introduction
  • Current Status:

    Revoked
  • License Type:

    Appointed Representative(AR)
Licensor:
BOUTIQUE CAPITAL PTY LTD
Australia ASIC Institution FX (STP)
  • Licensed Institution:

    LS MARKETS PTY LTD LS MARKETS PTY LTD
  • Effective Date:

    2020-04-27
  • Email Address of Licensed Institution:

    tbaker@boutiquecapital.com.au
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    www.boutiquecapital.com.au
  • Expiration Time:

    2022-01-27
  • Address of Licensed Institution:

    'AUSTRALIA SQUARE' L 33 264-278 GEORGE St SYDNEY NSW 2000
  • Phone Number of Licensed Institution:

    0411647709
  • Licensed Institution Certified Documents:

11 name

Is LS MARKETS a scam, or is it legit?

The latest exposure and evaluation content of LS MARKETS brokers.

I set a stop loss, the platform deliberately slipped to make you liquidate your position, and said that they had no problem,
The platform deliberately makes you losing money. It will let you liquidate your position and adjust the spread because the deposit has been in your account for a long time. Moreover, every time I set a stop loss, it will automatically let you liquidate your position. It is a fraud and I do not recommend you to use it. It can't withdraw money either.
Unable to withdraw and freeze my account. Now, there is 51705 US dollars in the account and I cannot operate at all
On November 11, 2021, I submitted an application for a withdrawal of 31,500 US dollars. Later, they asked me to withdraw 10,000 US dollars every month until January and I agreed. I left 20,000 U.S. dollars in the platform for further operations. Up to now, the funds in the account plus the 10,000 U.S. dollars on the way to withdraw make a total of 51,705 U.S. dollars, but on December 3, I found out that my account has been disabled. I had deposited a lot of money into this platform before, but I have not got my principle back yet.
Unable to Withdraw
Deposit funds on December 26, 2020. Now my profit has been frozen and they just put me off
No one handles my withdrawal, even the customer service.
I applied for withdrawal several days ago. The customer service asked me to send him a video which is about I hold my ID card and read my information and the withdrawal amount. I sent. But there is no reply. I can’t contact the customer service now.
LS MARKETS's latest industry rating score is 1.64, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. LS MARKETS If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.