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LC Markt
Operating status: SCAM
Website: https://lc-markt.co/
Broker violations and abnormal records
On October 1st, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website Ic-markt.co, stating that it provides financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_09_23_LC_Markt_LTD_en.html
On October 1st, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website Ic-markt.co, stating that it provides financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_09_23_LC_Markt_LTD_en.htmlLC Markt claims to be regulated by the Financial Conduct Authority (FCA), with company number 14645685. However, our research indicates that it is not regulated by the FCA and the company name linked to the said company number is ACRBO LTD, not LC Market Ltd, the firm it purports to be associated with. This contradiction is a red flag.
In addition, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website Ic-markt.co, stating that it provides financial and investment services on this website without the required authorization.
In essence, LC Markt 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.
LC Markt appears to be a scam.
LC Markt claims to be regulated by the Financial Conduct Authority (FCA), with company number 14645685. However, our research indicates that it is not regulated by the FCA and the company name linked to the said company number is ACRBO LTD, not LC Market Ltd, the firm it purports to be associated with. This contradiction is a red flag.In addition, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website Ic-markt.co, stating that it provides financial and investment services on this website without the required authorization.In essence, LC Markt 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.LC Markt appears to be a scam.BrokersView found that the domain "https://lc-markt.co/" 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://lc-markt.co/" 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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