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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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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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