Score
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 3
Exposure
Score
Regulatory Index0.00
Business Index6.74
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
LS MARKETS PTY LTD
Company Abbreviation
LS MARKETS
Platform registered country and region
The Virgin Islands
Company website
Company summary
Pyramid scheme complaint
Expose
Note: LS MARKETSs official website: https://www.lshqtz.com/ is currently inaccessible normally.
| LS MARKETS Review Summary | |
| Founded | 2019 |
| Registered Country/Region | The Virgin Islands |
| Regulation | ASIC (Suspicious clone) |
| Market Instruments | Forex, Precious Metals, Stock Index CFD, Energy |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | / |
| Trading Platform | MetaTrader 5 (MT5), Lend Lease Global Trading Software |
| Min Deposit | / |
| Customer Support | Phone: +61 283173180 |
| Email: cs@fx-e.com | |
Established in 2019, Virgin Islands-based LS MARKETS offers forex, precious metals, stock index CFDs, and energy products. However, it uses a dubious clone licence to impersonate ASIC-regulated LS MARKETS PTY LTD. The brokerage offers MT5 and a proprietary platform, but its lack of regulation and fund withdrawal troubles create worries.
| Pros | Cons |
| Wide range of instruments | Suspicious clone license |
| MT5 and proprietary platform offered | Website inaccessible |
| High leverage up to 1:500 | Lacks fee information |
LS MARKETS stands out as a dubious clone. Using licence data from LS MARKETS PTY LTD, a reputable company registered under Australia's ASIC ( licence number: 0012814), it falsely claims regulatory credentials.
| Regulatory Status | Suspicious clone |
| Regulated by | Australia (ASIC - Australian Securities and Investment Commission) |
| Licensed Institution | LS MARKETS PTY LTD |
| Licensed Type | Appointed Representative (AR) |
| License Number | 1281499 |
Having a range of tradable products, LS MARKETS principally focuses on forex, commodities, indices, and CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Crypto | ❌ |
| CFD | ✔ |
| Indices | ✔ |
| Stock | ❌ |
| ETF | ❌ |
LS MARKETS offers live accounts using leverage up to 1:500. Demo and Islamic (swap-free) accounts are tools used by different traders. Regulating issues, though, call for caution.
LS MARKETS offers 1:500 leverage. High leverage can magnify wins and losses, putting traders at danger, especially on a platform with regulatory issues.
| Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
| MetaTrader 5 (MT5) | ✔ | Desktop, Mobile | Experienced traders |
| Lend Lease Global Trading Software | ✔ | Web, Desktop | General trading requirements |
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