Leadtradesfx Review : Fees, Pros and Cons, Reviews by Real Traders

Leadtradesfx

Operating status: SCAM

Website: https://leadtradesfx.com/

Broker violations and abnormal records

Nov 10, 2022 The UK FCA Warns that Leadtradesfx is a Clone Firm
On 11 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Leadtradesfx was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/swift-market-options-uk-ltd-leadtradesfxcom-clone-fca-authorised-firm

On 11 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Leadtradesfx was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/swift-market-options-uk-ltd-leadtradesfxcom-clone-fca-authorised-firm
Nov 14, 2022 BrokersView has Reviewed that Leadtradesfx is an Unregulated Forex Broker
Leadtradesfx claims to be a licensed broker under multiple regulations as follow:
1) Swift Market Options UK Ltd, registered in the UK (No. 08171762) and regulated by United Kingdom Financial Conduct Authority (UK FCA) (No. 595450);
2) Swift Market Options Cyprus Ltd regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 201/13;
3) Swift Market Options Pty Ltd regulated by Australian Securities & Investment Commission (ASIC), AFSL No. 410681;
4) Swift Market Options AS Jordan Ltd regulated by the Jordan Securities Commission (JSC).
However, we found the truth was different from those claimed information.
First, the CH company number and FCA number actually belonged to a company called Admiral Markets UK Ltd. And FCA warned that Leadtradesfx was a clone firm.
In addition, the CySEC licensed number 201/13 and AFSL No. 410681 was owned by Admiral Markets Cyprus Ltd AND ADMIRALS AU PTY LTD.
Moreover, we did not find any results that matched "Swift Market Options" or "Leadtradesfx" in JSC.
All in all, Leadtradesfx is not authorized by FCA, ASIC, CySEC or JSC to provide financial services.
The truth is that Leadtradesfx is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Leadtradesfx claims to be a licensed broker under multiple regulations as follow: 1) Swift Market Options UK Ltd, registered in the UK (No. 08171762) and regulated by United Kingdom Financial Conduct Authority (UK FCA) (No. 595450); 2) Swift Market Options Cyprus Ltd regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 201/13; 3) Swift Market Options Pty Ltd regulated by Australian Securities & Investment Commission (ASIC), AFSL No. 410681; 4) Swift Market Options AS Jordan Ltd regulated by the Jordan Securities Commission (JSC). However, we found the truth was different from those claimed information. First, the CH company number and FCA number actually belonged to a company called Admiral Markets UK Ltd. And FCA warned that Leadtradesfx was a clone firm.In addition, the CySEC licensed number 201/13 and AFSL No. 410681 was owned by Admiral Markets Cyprus Ltd AND ADMIRALS AU PTY LTD. Moreover, we did not find any results that matched "Swift Market Options" or "Leadtradesfx" in JSC.All in all, Leadtradesfx is not authorized by FCA, ASIC, CySEC or JSC to provide financial services. The truth is that Leadtradesfx is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Nov 17, 2022 BrokersView has found that Leadtradesfx's domain is not working
On 18 Nov 2022, BrokersView found that the domain of Leadtradesfx (https://leadtradesfx.com/) was invalid.
The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.

On 18 Nov 2022, BrokersView found that the domain of Leadtradesfx (https://leadtradesfx.com/) was invalid. The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.

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