LECS Crypto Review : Fees, Pros and Cons, Reviews by Real Traders

LECS Crypto

Operating status: SCAM

Website: https://cryptolecs.com/

Broker violations and abnormal records

May 16, 2023 The UK regulator FCA added LECS Crypto to warning list
On May 17, 2023, the Financial Conduct Authority (FCA) issued a warning against LECS Crypto, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/cryptolecs

On May 17, 2023, the Financial Conduct Authority (FCA) issued a warning against LECS Crypto, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/cryptolecs
May 17, 2023 BrokersView has reviewed that LECS Crypto is an unregulated broker
LECS Crypto claims to be regulated by the Financial Conduct Authority (FCA), which is denied by the FCA in a warning against this broker. Furthermore, LECS Crypto purports to be regulated by the Belize Financial Services Commission (Belize FSC) under license number 30/307/FS/28 and the Mauritius Financial Services Commission (Mauritius FSC) with number L440360052. However, our search for it in the registries of agencies thereof didn't find any records of its existence. This means what it claims is a false statement to unsuspecting investors.
In essence, LECS Crypto is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

LECS Crypto claims to be regulated by the Financial Conduct Authority (FCA), which is denied by the FCA in a warning against this broker. Furthermore, LECS Crypto purports to be regulated by the Belize Financial Services Commission (Belize FSC) under license number 30/307/FS/28 and the Mauritius Financial Services Commission (Mauritius FSC) with number L440360052. However, our search for it in the registries of agencies thereof didn't find any records of its existence. This means what it claims is a false statement to unsuspecting investors.In essence, LECS Crypto is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Jun 25, 2023 The Spanish CNMV added LECS Crypto to its warning list
On June 26, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added LECS Crypto to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=1

On June 26, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added LECS Crypto to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=1
Jun 28, 2023 BrokersView has found the website of LECS Crypto is inaccessible
The website of LECS Crypto https://cryptolecs.com/ is inaccessible, suggesting issues with the broker's reliability and resources. Please be aware of the risks involved and stay away from LECS Crypto.

The website of LECS Crypto https://cryptolecs.com/ is inaccessible, suggesting issues with the broker's reliability and resources. Please be aware of the risks involved and stay away from LECS Crypto.

Reviews

Be the first to review.

Rate and Review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.