This broker is a pure scam. That’s the unequivocal answer to the question about LEIWOW FX’s legitimacy. This “broker” isn’t just shady; it’s a neon-lit sign flashing “scam” in Morse code. Red flags abound, customer complaints paint a grim picture, and the lack of regulation screams “fraud” louder than a heavy metal concert.
What is LEIWOW FX?
On the surface, LEIWOW FX peddles itself as a forex and CFD trading platform. They promise lucrative returns, low spreads, and a user-friendly interface. But peel back that veneer and you’ll find a rotten core of deceit. Their website boasts about licenses and regulation, but these claims are as hollow as a fortune cookie message. No reputable financial authority oversees their operations, leaving your funds as unprotected as a toddler at a monster truck rally.
LEIWOW FX Details
Regulated by: | Unregulated Broker |
Is This Company Safe? | No regulations mean the firm is not trustworthy! |
Known Websites: | |
Have Warnings from: | N/A |
Registered in: | US (alleged) |
Operating since: | 2023-03-29 |
Trading Platforms: | Web |
Maximum Leverage: | 1:500 |
Minimum Deposit: | $100 |
Deposit Bonus: | 50% Welcome bonus and 20% deposit bonus |
Trading Assets: | Forex, Indices, Crypto, Energies, Metals |
Free Demo Account: | Available |
How to Withdraw from This Company? | Avoid this horrible trading portal and contact us for details on how to get your money back! |
Deposits and Withdrawals
The ease of depositing into LEIWOW FX is inversely proportional to the ease of withdrawing. Money flows in like a river to the sea, but extracting it is akin to squeezing water from a stone. Expect delays, exorbitant fees, and an infuriating runaround from “customer support” that wouldn’t know genuine assistance if it tripped over it.
If you have lost money to companies like DuseryVIP, or Komslex; please report it to us on our Report a Scam form.
Account Types
Similar to several businesses nowadays, creating a LEIWOW FX login necessitates an online verification. We got a registration code from another scam website, deppmarkets.net, instead of leiwowfx.com.
The adverts for several account types are also plagiarized from a regulated organization, as the website as a whole was. These are the purported accounts that the company provides:
- Standard STP – $100, spreads 1.2 Pips, 0 commission
- RAW ECN – $100, spreads 0.0 Pips, $6 commission
Red Flags and Warning Signs:
We were limited to following the hints provided in the regulatory status section because there is no business information available on the website. Here, the phony broker-dealer makes the assertions that it is SVGFSA incorporated, FSCA regulated, and MSB registered. There isn’t a firm with this name in any of the three registrations.
They are also absent from other databases that are updated by BaFin, FCA, ASIC, NFA, and other Tier 1 authorities. This indicates that neither the anonymous activity nor its operations are licensed or legally incorporated somewhere.
Customer Complaints and Negative Reviews
A mountain of evidence paints LEIWOW FX as a predator rather than a provider. Victims recount tales of frozen accounts, manipulated trades, and disappearing funds. The internet is littered with their cries for help, serving as a stark warning to potential victims.
LEIWOW FX Alternative Brokers
There are plenty of reputable, regulated forex brokers out there. Do your research, and choose one with a proven track record and transparent practices. A few trustworthy options include:
- Interactive Brokers
- TD Ameritrade
- IG Markets
- FXCM
Got Scammed by LEIWOW FX? We Help Victims!
If you’ve fallen prey to LEIWOW FX’s deceptive tactics, you’re not alone. Contact financial crime reporting agencies, file complaints with consumer protection organizations, and seek legal counsel. While recovering your funds may be an uphill battle, there’s strength in numbers. Expose their scam and make sure others don’t become victims.
Remember, you can get help from our professionals. They can provide you with a free consultation and recovery service recommendations to help you recover the lost funds or You Can report to us today by the below form.
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