LEOM MARKET is not a reliable broker for traders even though it states offers that look good to be true. Unlike licensed brokers who always display their credentials and licenses in a prominent place for traders to verify, this broker has neither company addresses nor regulatory info on the website. Investors should beware of such brokers as lacking the above information is a distinctive characteristic of an unlicensed broker.
Besides, we downloaded its trading platform and found the firm is located in the United Kingdom. However, we did not find any match results from the Financial Conduct Authority (FCA). So this broker is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. It is highly impossible that you can get your money back if things go wrong. Therefore, it is a scam.
LEOM MARKET is not a reliable broker for traders even though it states offers that look good to be true. Unlike licensed brokers who always display their credentials and licenses in a prominent place for traders to verify, this broker has neither company addresses nor regulatory info on the website. Investors should beware of such brokers as lacking the above information is a distinctive characteristic of an unlicensed broker.Besides, we downloaded its trading platform and found the firm is located in the United Kingdom. However, we did not find any match results from the Financial Conduct Authority (FCA). So this broker is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. It is highly impossible that you can get your money back if things go wrong. Therefore, it is a scam.