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LION

WikiFX | 2023-02-09 14:32

Abstract:LION is registered in Cayman Islands and appears to be a fraudulent broker with two credible regulations. However, we‘ve received a lot of complaints and now its website is down. As a result, it’s reasonable for us to assume that this company has run out of business.

Registered in Cayman Islands
Regulated by CIMA, MAS
Year(s) of establishment 5-10 years
Trading instruments Information not available
Minimum Initial Deposit Information not available
Maximum Leverage Information not available
Minimum spread Information not available
Trading platform MT4, MT5, own platform
Deposit and withdrawal method Information not available
Customer Service Email/QQ number
Fraud Complaints Exposure Yes

Note: At this time, we only have a cursory look at LION as the company's official website (https://www.libkrsgr.com/ ) does not open properly.

General information

Screenshot time: 02/08/2023

WikiFX provides dynamic scoring, it will track the broker's dynamic real-time scoring, the current time screenshot scores do not represent past and future scoring.

General information and regulations

LION is registered in Cayman Islands and appears to be a fraudulent broker with two credible regulations. However, we‘ve received a lot of complaints and now its website is down. As a result, it’s reasonable for us to assume that this company has run out of business.

When choosing a forex broker, you should know that a regulatory license does not necessarily guarantee the reliability of a broker as it may be an expired or cloned regulatory license, but a broker without any regulatory license has a high probability of being unreliable.

Trading platforms offered by LION

As for the trading platform, LION provides its clients with many options. There are public platforms such as MT5 and MT4 that have served many clients worldwide, also LION's own platform. If you didn't want to spend time familiarizing yourself with a new platform, you could choose MT5 and MT4. But LION's own platform provides better compatibility with businesses, as they are specially developed and customized platforms. The choice is yours.

trading platform

Customer support

The support service provided by LION is not very extensive. It can only be accessed via email and a tencent QQ number. Since the company's website is not currently open, we do not know if it offers other services such as live chat, callback, FAQ, 24/7 or 24/5 service, etc.

Below are the details about the customer service.

Email: ky@libkr.com

Tencent QQ: 800188404

Users exposures

On our website, you can see that a lot of users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

users' exposure

Frequent asked questions about LION

Is this broker well regulated?

Yes, it is currently effectively regulated by CIMA and MAS.

Related broker

Regulated
LION
Company name:Lion Brokers Limited
Score
6.47
Website:http://www.libkrglobal.com/
5-10 years | Regulated in Hong Kong China | Regulated in Singapore | Regulated in Cayman Islands
Score
6.47

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