Score

1.36 /10
Danger

LEOM MARKET

Suspicious Regulatory License

High potential risk

Add brokers

Comparison

Quantity 3

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.85

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

LEOM MARKET

Company Abbreviation

LEOM MARKET

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to Withdraw

Scam❌ Can't withdraw money❌❌❌❌❌

I was tricked into the Leom market forex floor with a total principal of 80 million dong. In which, the exchange forced to transfer the maximum margin of $1750 through NGUYEN THANH NAM account number, through Vietnamese intermediaries. After entering the trading floor Translating the first 2 orders with a profit, I withdrew $100/3 times 2-3 days apart. Then continued to trade the profit increased to ~$4000 , then made the original withdrawal order $ 1750, it was not approved. The exchange sent a report by mail. I withdrew abnormally and told me to suspect money laundering. I have argued and worked for more than 1 month. Lost another 30 million from unreasonable policies. Fear of losing all my money, so I was not sober, but carried it along. The first is a deposit fee of 20%/total capital + interest. Next is 15% VAT and 10% withdrawal and handling fee. My account is frozen. But after doing the transfer procedures, I was overturned, the exchange sent an email informing me that I had checked the legal authority and my account had signs of money laundering and was permanently frozen. Proof of the other Vietnamese's transaction account transfers I still keep. If Can you please help me to claim justice. Currently, the amount on the exchange system and the exchange's e-wallet that I have loaded into both principal and interest is $4560. I hope the company's leadership considers and supports investors to solve the problem. Solve the problem successfully.Thanks !

Thuong Ngo54472
2022-09-20 10:20
LEOM MARKET · Company summary

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.

User Reviews

More

User comment

2

Comments

Write a review

Ease Engineering Co.,Ltd.
more than one year
โกง 100% ครับ พึ่งโดนไปเมื่อวาน
โกง 100% ครับ พึ่งโดนไปเมื่อวาน
Translate to English
2022-12-01 13:55
1
0
1
3