On 13 Sep 2021, the German BaFin issued a warning that Lencher ExPro LLC is not licensed to conduct banking business or provide financial services, you may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/DE/Verbrauchermitteilung/unerlaubte/2021/meldung_210913_novo-trade.html

Trade Vision Group claims it is owned and operated by Lencher ExPro LLC, a company registered in St Vincent and the Grenadines under the registration number: 1005 LLC 2021. We do find a match result to Lencher ExPro LLC in St Vincent and the Grenadines Financial Services Authority (SVG FSA). But SVG FSA does neither issue licenses for forex trading nor regulate any forex activities. Having registration in SVG FSA does not mean having regulation. This broker is merely a registered firm without any regulation.

Besides, the company "Lencher ExPro LLC" is a well-known scam company which already been blacklisted by the German regulator Federal Financial Supervisory Authority (BaFin) in 2021. BaFin issued a warning that Lencher ExPro LLC is not authorized or regulated to conduct banking business or provide financial services. That means Trade Vision Group is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.