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LeggMason EX Markets

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Operating status: SCAM

Website: https://www.leggmasonpro.com/#/home

Broker violations and abnormal records
  • 2024-04-30 The SCB adds LeggMason EX Markets to its warning list

    On May 1, 2024, the Securities Commission of The Bahamas (SCB) added LeggMason EX Markets to warning list for offering financial services or products without their permission. https://www.scb.gov.bs/wp-content/uploads/2024/05/Public-Notice-4-of-2024-Entities-Not-Regulated-by-the-Securities-Commission-of-The-Bahamas-May.pdf

    On May 1, 2024, the Securities Commission of The Bahamas (SCB) added LeggMason EX Markets to warning list for offering financial services or products without their permission. https://www.scb.gov.bs/wp-content/uploads/2024/05/Public-Notice-4-of-2024-Entities-Not-Regulated-by-the-Securities-Commission-of-The-Bahamas-May.pdf
  • 2024-05-21 BrokersView has reviewed that LeggMason EX Markets is an unregulated broker

    Despite its attempts to build a reputation through exaggerated language, LeggMason EX Markets is an unregulated broker. BrokersView has noticed that LeggMason EX Markets shares similar registration information, regulatory statements, and company profiles with the suspicious broker, SCEXS (https://www.brokersview.com/brokers/scexs). In addition, it claims regulated by the Securities And Futures Commission(SFC), U.S. Securities Exchange and Commission (SEC), the Financial Industry Regulatory Authority (FINRA). Upon investigation, no matching information was found in the SFC, SEC, and FINRA.

    The most compelling evidence comes when the Securities Commission of the Bahamas (SCB) adds LeggMason EX Markets to its warning list, refuting the broker's false claims of being regulated by them.

    In essence, LeggMason EX Markets is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    LeggMason EX Markets appears to be a scam.

    Despite its attempts to build a reputation through exaggerated language, LeggMason EX Markets is an unregulated broker. BrokersView has noticed that LeggMason EX Markets shares similar registration information, regulatory statements, and company profiles with the suspicious broker, SCEXS (https://www.brokersview.com/brokers/scexs). In addition, it claims regulated by the Securities And Futures Commission(SFC), U.S. Securities Exchange and Commission (SEC), the Financial Industry Regulatory Authority (FINRA). Upon investigation, no matching information was found in the SFC, SEC, and FINRA.The most compelling evidence comes when the Securities Commission of the Bahamas (SCB) adds LeggMason EX Markets to its warning list, refuting the broker's false claims of being regulated by them.In essence, LeggMason EX Markets is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.LeggMason EX Markets appears to be a scam.

Related Complaints

Q&A Complaints

LeggMason EX Markets seems to be reliable. It says it's regulated in the US.

monaslegn
United States of America
2024-06-12
ANSWER No, LeggMason EX Markets is not reliable, and its claims of being regulated in the US have been proven to be baseless.It's critical to note that the website of LeggMason EX Markets is identical in content and graphic design to those brokers previously flagged by BrokersView as suspicious. It almost copies the regulatory statements from these dubious counterparts to appear legitimate, which we have repeatedly confirmed to be unfounded. Unsurprisingly, LeggMason EX Markets' regulatory assertions are also falsified. Furthermore, the Securities Commission of The Bahamas (SCB) has added LeggMason EX Markets to its warning list for offering financial services or products without their permission. This warning further suggests issues with LeggMason EX Markets' credibility.In light of this, LeggMason EX Markets poses substantial risks of fraud and identity theft. For a safer trading environment, it is highly recommended to steer clear of unlicensed brokers like LeggMason EX Markets and instead choose fully regulated ones.
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Is LeggMason EX Markets a scam?

FXHarisson
Kenya
2024-05-22
ANSWER LeggMason EX Markets appears to be a scam.This broker suspiciously shares identical registration information and company profile with some fraudulent platforms previously flagged by BrokersView. Our investigation suggests that all the alleged licensing information LeggMason EX Markets provides is baseless. This is a red flag.In addition, the Securities Commission of the Bahamas (SCB) has added LeggMason EX Markets to its warning list, refuting the entity's claim of being regulated by them. This fact underscores the substantiate risks associated with LeggMason EX Markets.In light of this, investors dealing with LeggMason EX Markets are exposed to potential fraud and identity theft. To have a safer trading environment, it is highly recommended choosing fully regulated brokers rather than unregulated ones like LeggMason EX Markets.
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