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LWFX

Item: LWFX
Rating: 3.25

United Kingdom|5-10 years|

Investment Advisory License|Suspicious Scope of Business|Suspicious Overrun|Medium potential risk|

http://www.littlewellforex.com/

Website

Open Account Time Machine

Rating Index

Contact

support@littlewellfx.com

http://www.littlewellforex.com/

Licenses

FCA Exceeded

United Kingdom Investment Advisory License

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away!

Previous Detection : 2024-11-24

This broker exceeds the business scope regulated by United Kingdom FCA(license number: 667696)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

WikiFX Verification

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LWFX · WikiFX Survey

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LWFX · Company Summary

Note:LWFX's official website:http://www.littlewellforex.com/ is currently inaccessible normally.

Aspect	Information
Company Name	LWFX
Registered Country/Area	United Kingdom
Founded Year	2009
Regulation	FCA(Exceed)
Trading Platform	MT4
Customer Support	Email:support@littlewellfx.com

LWFX Information

Founded in 2009, LWFX is a financial trading firm located in the United Kingdom. It's exceeded regulated under the FCA.Meanwhile,it offers the the MetaTrader 4 (MT4) platform for users to trade.

Is LWFX Legit or a Scam？

	Financial Conduct Authority(FCA)
Current Status	Exceeded
Regulated by	FCA
License Type	No Sharing
License No.	667696
Licensed Institution	Littlewell Financial Management Limited

Downsides of LWFX

Cons

Limited information on the webstie

Lack of transparency

Regulatory concerns

Lack of information on the official LWFX website makes it difficult for people to purchase.

The official website does not clearly reflect LWFX's operations and expenses structure.There can be unseen costs.

Regulatory issues: The company is exceeded regulated by FCA.Users will thus be concerned about its safety state.

Conclusion

LMFX is not safe. Given so little information on their website, one finds it difficult to trust this exchange. The material is not also as clear-cut. Users should look for well-regulated brokers who provide a better trading environment.