LitsFXtrades21 Review : Fees, Pros and Cons, Reviews by Real Traders

LitsFXtrades21

Operating status: SCAM

Website: https://litsfxtrades21.com/

Broker violations and abnormal records

Aug 23, 2022 The UK FCA Added LitsFXtrades21 into Its Warnings
On 24 Aug 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that LitsFXtrades21 is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/litsfxtrades21-litsfxtrade21

On 24 Aug 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that LitsFXtrades21 is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/litsfxtrades21-litsfxtrade21
Aug 25, 2022 BrokersView has Reviewed that LitsFXtrades21 is an Unregulated Forex Broker
LitsFXtrades21 claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
LitsFXtrades21 also claims that it has two address locate in the USA and Australia. So we searched the National Future Association (NFA) of the United States and the Australian Securities & Investments Commission(ASIC). However, we did not find any results that matched this broker in NFA or ASIC. That means LitsFXtrades21 is not regulated in the USA or Australia.
Moreover, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that LitFXstrades21 is providing financial services or products in the UK without authorisation.
The truth is that LitsFXtrades21 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.

LitsFXtrades21 claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. LitsFXtrades21 also claims that it has two address locate in the USA and Australia. So we searched the National Future Association (NFA) of the United States and the Australian Securities & Investments Commission(ASIC). However, we did not find any results that matched this broker in NFA or ASIC. That means LitsFXtrades21 is not regulated in the USA or Australia. Moreover, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that LitFXstrades21 is providing financial services or products in the UK without authorisation.The truth is that LitsFXtrades21 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.
Dec 04, 2022 BrokersView has found that LitsFXtrades21 is not working
BrokersView found the domain "https://litsfxtrades21.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain "https://litsfxtrades21.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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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.