Lendowl claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag.
The Bundesanstalt für Finanzdienstleistungsaufsicht(Bafin) issued a warning that Lendowl was providing finacial services or products without authorisation.
The truth is that Lendowl is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law.
Therefore, Lendowl is a scam.
Lendowl claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. The Bundesanstalt für Finanzdienstleistungsaufsicht(Bafin) issued a warning that Lendowl was providing finacial services or products without authorisation.The truth is that Lendowl is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, Lendowl is a scam.