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LEOM MARKET Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-07-30 10:27

Abstract:LEOM MARKET started in 2022 as an unregulated broker company with registration in China, offering forex trading services. However, its official website cannot be opened (no longer works).

  Note: You can't access LEOM MARKET's official website: https://leommarketfx.com/en/ right now.

LEOM MARKET Information

  LEOM MARKET started in 2022 as an unregulated broker company with registration in China, offering forex trading services. However, its official website cannot be opened (no longer works).

LEOM MARKET Information

Is LEOM MARKET Legit?

  LEOM MARKET is seen to operate without regulatory control. Lack of regulation might increase risks among investors as no established framework for monitoring and ensuring fair practices exist.

Is LEOM MARKET Legit?

Downsides of LEOM MARKET

  • Unavailable Website

  LEOM MARKETs official website cannot be accessed at present. This raises concerns about reliability and accessibility.

  • Lack of Transparency

  Investor understanding regarding what LEOM MARKET remains limited due to insufficient information concerning this platforms operations and dependability.

  • Regulatory Concerns

  It is unclear whether the company has any regulatory status, which makes it hard to trust its overall integrity and protect investors interests at large thus such matters have left its regulative position in doubt.

  • Withdrawal Difficulty

  A user on WikiFX left a report on using the application where he cited many challenges in the process of withdrawal of funds. This concern was still unsolved after one week and more with the request still pending.

Negative LEOM MARKET Reviews on WikiFX

  On WikiFX, “Exposure” is indicated as a word of mouth; gotten from the users.

  The recommendation for traders is to check the information and risks before engaging in dealing with the unregulated platform. If fraudulent brokers persist, you can report in our Exposure section and our team will help to solve such problems.

Negative LEOM MARKET Reviews on WikiFX

  As of now, there are 4 pieces of LEOM MARKET exposure in total. I will introduce 1 of them.

  Exposure 1. Cannot withdraw money

ClassificationCannot withdraw money
DateSep 20, 2022
Post CountryMalaysia

Conclusion

  Using a non-regulated platform like LEOM MARKET can lead to security issues. For that reason, investors are advised to select regulated brokers that ensure transparency in their operations as well as legal compliance with the law when it comes to investments. Look out for platforms monitored by recognized regulatory bodies because they are much safer trading bases.

  

Related broker

No Regulation
LEOM MARKET
Company name:LEOM MARKET
Score
1.41
Website:https://leommarketfx.com/en/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.41

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