The Official Website Of LVMexchange Cannot Be Accessed Normally At The Moment. The Company Seems To Have Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Only.
2022-06-27 We Have Confirmed After Review That LVMexchange Is An Unregulated Forex Broker
LVMexchange Is Not A Reliable Broker For Traders, Even Though It Claims That The Quotes It Offers To Its Clients Look Good. LVMexchange Claims To Have Been Established In 2015 And Was Granted A Trading And Asset Management Operating License In 2016. However, When We Checked Its Domain Name, We Found That The Website Was Actually Created In 2017. So How Could It Possibly Start Doing Business In 2015? This Is A Red Flag.
In Addition, LVMexchange Also Claims To Be Registered With The Saint Vincent And The Grenadines Financial Services Authority (SVG FSA) With Registration Number: 24616 IBC 2018. However, We Did Not Find Any Results In The SVG FSA That Matched This Registration Number. More Importantly, The SVG FSA Does Not Regulate Entities That Provide Foreign Exchange Services.
In Fact, LVMexchange Is Not Regulated By Any Regulatory Authority. Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Trader.
Since It Is Not Possible To Access The Broker's Website At This Time, We Are Also Unable To Obtain More And More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That LVMexchange Has Not Obtained Any Valid License At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Number Or Company Address.
Note: LVMexchange As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, They Are Likely To Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
