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Lyraten

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Operating status: SCAM

Website: https://lyraten.com/

Broker violations and abnormal records
  • 2023-11-19 The UK FCA issued a warning against Lyraten

    On 20 November 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Lyraten was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/lyraten-https-lyratencom

    On 20 November 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Lyraten was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/lyraten-https-lyratencom
  • 2023-11-22 BrokersView has Reviewed that Lyraten is an Unregulated Broker

    There is no any regulatory or registration information on its website, their phone number belongs to Sweden, but we don't find any results on Finansinspektionen (FI) matching to Lyraten. It is a red flag.

    The United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Lyraten was providing finacial services or products without authorisation.

    The truth is that Lyraten is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    Lyraten is a scam.

    There is no any regulatory or registration information on its website, their phone number belongs to Sweden, but we don't find any results on Finansinspektionen (FI) matching to Lyraten. It is a red flag.The United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Lyraten was providing finacial services or products without authorisation.The truth is that Lyraten is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Lyraten is a scam.
  • 2024-03-10 The BCSC issued a warning against Lyraten

    On 11 March 2024, the British Columbia Securities Commission (BCSC) issued a warning that Lyraten was providing financial services or products without authorisation. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/lyraten

    On 11 March 2024, the British Columbia Securities Commission (BCSC) issued a warning that Lyraten was providing financial services or products without authorisation. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/lyraten

Related Complaints

Q&A

I find no way to log into my account with Lyraten.

Ilya Romanov
Cayman Islands
2024-05-29
ANSWER It appears that Lyraten is a scam, and its website is currently inaccessible. Our records indicate that Lyraten is not regulated by the relevant financial authorities, making its offerings risky. The absence of regulatory oversight exposes Lyraten's customers to the risk of fraud and identity theft, potentially without any legal recourse to recover their funds.The Financial Conduct Authority (FCA) has issued a warning against Lyraten, underscoring the substantial risks involved and advising investors to steer clear of it. Similarly, the British Columbia Securities Commission (BCSC) has also published a warning.We strongly urge you to discontinue any engagement with Lyraten and report it to your local authorities. In the meantime, be wary of unsoliciting messages or cold calls claiming they can trace or recover your money. This is a tactic known as the Recovery Room Scam, designed to further drain victims' pockets.We encourage you to file a complaint on our platform at https://www.brokersview.com/complaint. Our team will thoroughly review your materials and work diligently to assist you.
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Can you check if Lyraten is legitimate?

Rick Von
New Zealand
2023-12-11
ANSWER Lyraten appears to be illegitimate.Lyraten does not disclose any details regarding its regulatory status. This lack of transparency is a significant indicator of potential scam activity, suggesting that it may not comply with the necessary regulations to obtain the required licenses. It has listed a phone number in Sweden as its hotline, which prompted us to search for it in the records of Sweden's financial regulator, Finansinspektionen (FI). However, no matching records were found. Moreover, it is illegally targeting British citizens without authorization from the Financial Conduct Authority (FCA). As a result, the FCA has issued a warning against Lyraten and added it to its warning list to protect its citizens from potential scams.Therefore, Lyraten has been proven to be a fraudulent platform, and trading with it could lead to fraud and identity theft. To safeguard their interests, investors are advised to avoid Lyraten and instead opt for brokers that are fully regulated and have excellent reputations.
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1 comments

Matthew Martin
I have a account with Lyraten. I can't access it now. Is this a scam
2024-05-29
Reply
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