ANSWER Since LDN Global Markets is only registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), an offshore financial regulator not for forex trading and brokerage, it is a broker subject to no supervision. Without regulatory oversight, it is often hard for traders to make a withdrawal on an unlicensed platform.On the website of LDN Global Markets, it also mentions it has an address in Cyprus, but there are no indications that it is registered with the Cyprus Securities and Exchange Commission (CySEC). All in all, LDN Global Markets falls outside the regulatory framework, and its clients are exposed to high risks. If any violation occurs, they may not be able to recover their funds or seek compensation from any official body.Therefore, BrokersView strongly suggest investors stay away from LDN Global Markets to mitigate such risks. It is advisable to choose a fully regulated broker instead.
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