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Clone London Stock Exchange
Operating status: SCAM
Website: https://ls-ex.com/
Broker violations and abnormal records
On November 29, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website ls-ex.com, stating the operator is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_11_25_is_ex_com_en.html;jsessionid=A2299321D2AEA609CBB5A5614E62473F.internet971
On November 29, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website ls-ex.com, stating the operator is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_11_25_is_ex_com_en.html;jsessionid=A2299321D2AEA609CBB5A5614E62473F.internet971According to its website, it claims to be regulated by Cayman Islands Monetary Authority (CIMA). Upon investigation, no matching information was found in the CIMA.
In addition, we found that the Federal Financial Supervisory Authority (BaFin) warned consumers about the website ls-ex.com, stating the operator is providing financial and investment services on this website without the required authorization.
In essence, ls-ex.com is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
ls-ex.com appears to be a scam.
According to its website, it claims to be regulated by Cayman Islands Monetary Authority (CIMA). Upon investigation, no matching information was found in the CIMA. In addition, we found that the Federal Financial Supervisory Authority (BaFin) warned consumers about the website ls-ex.com, stating the operator is providing financial and investment services on this website without the required authorization. In essence, ls-ex.com is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. ls-ex.com appears to be a scam.BrokersView found that the domain "https://ls-ex.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "https://ls-ex.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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