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LR

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Operating status: SCAM

Website: https://www.lrehk.com/plus/list.php?tid=31

Broker violations and abnormal records
  • 2022-11-07 BrokersView has Reviewed that LR is an Unregulated Forex Broker

    LR claims to be a Hong Kong-based financial services company with a license under the Pacific International Unit Exchange Limited. But please be informed that the Pacific International Unit Exchange Limited is neither a government department nor a forex regulator.

    Besides, as per relevant law, all regulated forex brokers in Hong Kong should be monitored by the Hong Kong Securities And Futures Commission (HK SFC). However, we did not find any match results for this broker in HK SFC. The truth is, LR 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, it is a scam.

    LR claims to be a Hong Kong-based financial services company with a license under the Pacific International Unit Exchange Limited. But please be informed that the Pacific International Unit Exchange Limited is neither a government department nor a forex regulator.Besides, as per relevant law, all regulated forex brokers in Hong Kong should be monitored by the Hong Kong Securities And Futures Commission (HK SFC). However, we did not find any match results for this broker in HK SFC. The truth is, LR 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, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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