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LFM Global
Operating status: SCAM
Website: https://www.lfmtrade.com/#/
Broker violations and abnormal records
On 7 March, 2024, the Securities And Futures Commission(SFC) issued a warning against LFM Global, believing this company might be providing financial services or products without proper authorization in the HK. https://www.sfc.hk/en/alert-list/3013
On 7 March, 2024, the Securities And Futures Commission(SFC) issued a warning against LFM Global, believing this company might be providing financial services or products without proper authorization in the HK. https://www.sfc.hk/en/alert-list/3013According to its website, it claims to be regulated by the Securities and Futures Commission(SFC), but inquiries revealed that the Securities And Futures Commission(SFC) issued a warning against LFM Global, believing this company might be providing financial services or products without proper authorization in the HK. In addition, it is worth our attention that the website is not associated with LFM Global Investment (Hong Kong) Company Limited, which is an SFC-licensed corporation.
In essence, LFM Global 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.
LFM Global appears to be a scam.
According to its website, it claims to be regulated by the Securities and Futures Commission(SFC), but inquiries revealed that the Securities And Futures Commission(SFC) issued a warning against LFM Global, believing this company might be providing financial services or products without proper authorization in the HK. In addition, it is worth our attention that the website is not associated with LFM Global Investment (Hong Kong) Company Limited, which is an SFC-licensed corporation.In essence, LFM Global 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.LFM Global appears to be a scam.BrokersView found that the domain "https://www.lfmtrade.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://www.lfmtrade.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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