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LWFX -

Score

3.25 /10
Danger

LWFX

United Kingdom

5-10 years

Regulated in United Kingdom

Investment Advisory License

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

http://www.littlewellforex.com

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Comparison

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Exposure

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Website

Score

Regulatory Index2.78

Business Index7.55

Risk Management Index0.00

Software Index4.00

License Index2.78

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 667696)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

WikiFX Verification

LWFX · Company summary

Note:LWFX's official website:http://www.littlewellforex.com/ is currently inaccessible normally.

AspectInformation
Company NameLWFX
Registered Country/AreaUnited Kingdom
Founded Year2009
RegulationFCA(Exceed)
Trading PlatformMT4
Customer SupportEmail:support@littlewellfx.com

LWFX Information

Founded in 2009, LWFX is a financial trading firm located in the United Kingdom. It's exceeded regulated under the FCA.Meanwhile,it offers the the MetaTrader 4 (MT4) platform for users to trade.

LWFX Information

Is LWFX Legit or a Scam？

Is LWFX Legit or a Scam?
Financial Conduct Authority(FCA)
Current StatusExceeded
Regulated byFCA
License TypeNo Sharing
License No.667696
Licensed InstitutionLittlewell Financial Management Limited

Downsides of LWFX

Cons
Limited information on the webstie
Lack of transparency
Regulatory concerns

Lack of information on the official LWFX website makes it difficult for people to purchase.

The official website does not clearly reflect LWFX's operations and expenses structure.There can be unseen costs.

Regulatory issues: The company is exceeded regulated by FCA.Users will thus be concerned about its safety state.

Conclusion

LMFX is not safe. Given so little information on their website, one finds it difficult to trust this exchange. The material is not also as clear-cut. Users should look for well-regulated brokers who provide a better trading environment.

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User comment

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Comments

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Mwey
more than one year
Products of LWFX are quite reliable for trading, especially when it comes to making decisions based on technical analysis and fundamental factors. I appreciated the quick response from customer service when I had inquiries.
Products of LWFX are quite reliable for trading, especially when it comes to making decisions based on technical analysis and fundamental factors. I appreciated the quick response from customer service when I had inquiries.
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2024-01-10 17:39
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