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On 16 Sep 2022, the Ontario Securities Commission issued a warning that LTD FX is not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/ltd-fx
LTD FX claims to be awarded in 2020. However, by checking its domain, we found the domain was created in 2022. How could it be awarded in 2020? It is a red flag.
In addition, LTD FX presents its office addresses that located in the UK and Canada. So we searched the United Kingdom Financial Conduct Authority (UK FCA) and the Investment Industry Regulatory Organization of Canada (IIROC). But we did not find any matching results. That means the scammer is not regulated in the UK or Canada.
Moreover, the Ontario Securities Commission issued a warning that LTD FX is not registered in Ontario to engage in the business of trading in securities. The Italian Companies and Exchange Commission (CONSOB) also added it to warning list for offering financial services illegally.
The truth is that LTD FX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
On April 12, 2023, BrokersView has found that the website of LTD FX is unavailable, indicating potential issues with the broker's reliability and resources.
On April 6, 2023, the Italian Companies and Exchange Commission (CONSOB) ordered LTD FX's website to be blacked out, stating it offers financial services illegally: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-6-april-2023/718268
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