Lamelle Financial Review: Don’t Risk Trading with This Firm

Lamelle Financial is an unregulated broker platform. Fake brokers often misuse regulations and are not reliable. As they are anonymous, stay away from them as they might disappear at any moment.

It is illegal for companies to provide online brokerage services without a license. They don’t give their clients any sort of protection.

Furthermore, you should stay away from trading with dishonest brokers like Prism Capital, Asian-Trade and FXtradewolf.

Lamelle Financial Reliability – License and Fund Security

There is some misinformation on this broker’s website. You can see that the owner of the site is Lamelle Financial Consultants Limited. The apparent address of this broker is in Colorado, United States.

Any business offering Forex and CFD trading from the United States must obtain permission from the CFTC or NFA. If you decide to explore these databases, there won’t be any Lamelle Financial regulations.

As the broker documented the UK phone number, you may want to check the FCA register. However, once again, there won’t be any data there. This indicates that the Lamelle Financial broker is nothing but a financial fraud.

Lamelle Financial is a newly launched Forex and CFD trading scam. The company claims to be based in the States and works without a license. Moreover, the business has a low trust score among investors.

Tip: Always remember that even with legit brokers, your funds may be at risk. Trading carries a huge risk of losing money. Also, be careful about easy earnings and similar tricks. 

Trading Platform Overview at Lamelle Financial

Now it’s time to examine the trading platform of this broker scam. Lamelle Financial’s trading software is advertised as a distinctive, tailor-made platform for avant-garde traders. However, you won’t be able to review this splendid tool. Upon signing up, you will be taken to the broker’s phone number to ask for access.

Scammers use this method regularly to manage their clients and guarantee they take deposits on the first call. Therefore, let this be a warning. Each platform created by the brokerage allows them to access your finances and alter market prices. As you can see in the comment section, it does occur and can lead to heavy financial losses.

Keep in mind that for the most optimal trading experience, you should use MT4 or MT5. These avant-garde platforms have many outstanding features.

Lamelle Financial Deposits and Withdrawals

This trading scam doesn’t have any legal papers at all. As a result, it’s easy to add new withdrawal conditions and modify trading volumes.

According to examinations, traders were asked to pay big fees before being able to withdraw their funds. These fees can reach as high as 20% of the total profit. Knowing that they have substantial amounts waiting out there, some people pay for this. What’s more, as you can imagine, they never got a single dime back.

If you obtain requests for extra payment, you should politely decline it and report the scam. Apparently, they take bank cards, wire transfers, and crypto deposits. 

Lamelle Financial Trading Instruments

Now we should look at the trading instruments of this broker scam. Clients can trade in the subsequent markets:

• Forex
• Commodities
• Indices
• Shares

Be that as it may, it’s kind of odd that crypto assets were not offered.

How is the Scam Performed?

Phony offshore forex brokers use different tactics to scam people. In fact, you will see withdrawal issues every now and then. Moreover, you will experience abnormal fees. Please be aware that there are astronomically high fees, usually exceeding 20%. Those fees will have another name – withdrawal processing fees. 

Furthermore, there’s a profit fee. Scammy sites want you to pay these in advance before starting a withdrawal request.

Similarly, there are outrageous promises of enormous returns. Here’s another favorite scam tactic that you should be mindful of. Fraudsters will always guarantee you profit-making returns. Beware that forex trading with favorably leveraged instruments involves substantial risks. If your broker attempts to deceive you, they will claim that your returns are guaranteed.

Stay with brokers regulated in the United Kingdom, United States, Australia, or the EU. Such companies need to post a notice about the exact percentage of traders who lose cash on their platforms. This is the unwritten rule, by all means!

Lamelle Financial Summary

Lamelle Financial broker doesn’t have any regulations, and their venue is deficient. In addition, the address appears to be entirely fake. Also, the payment processor is deceptive as well. Finally, there are way too many withdrawal issues and other complaints. 

Make sure to check all the FX corporations carefully. Always do this before you finalize any transaction. We hope that our Lamelle Financial broker review was worthwhile.

FAQs About Lamelle Financial Broker