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LotsFX

United Kingdom|5-10 years|
MT4 Full License|Regional Brokers|High potential risk|

https://www.lotsfx.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
TTFX-Trading MT4
Server Location United States

Contact

+44 20 8106 2446
support@lotsfx.com
https://www.lotsfx.com
Tower 42, 25 Old Broad Street, London, UK

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

Open Now

Disclosure

Contact number

English

+44 20 8106 2446

Other ways of contact

Broker Information

More

Company Name

Euro Investement House Ltd

Abbreviation

LotsFX

Platform registered country and region

United Kingdom

Company website
Facebook
Instagram

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-09-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

LotsFX · WikiFX Survey

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LotsFX · Company Summary

General Information & Regulation

Founded in 2018, LotsFX is a CFD provider based in London, UK, offering investors a wide range of trading accounts with low spreads and zero commissions.LotsFX is not currently subject to any effective regulation.

Market Instruments

LotsFX offers investors a range of financial instruments, including forex currency pairs, CFDs, commodities, stocks, indices, and cryptocurrencies.

Minimum Deposit

LotsFX offers investors five different types of accounts to meet different investors' investment needs and trading experience. The five types of accounts are Bronze (initial deposit of $100), Silver (initial deposit of $500), Gold (initial deposit of $2,000), Platinum (initial deposit of $5,000), and VIP (initial deposit of $10,000).

LotsFX Leverage

Trading leverage vary depending on different trading accounts. The trading leverage is 1:100 for Bronze, 1:200 for Silver, up to 1:300 for Gold, up to 1:400 for Platinum, and up to 1:500 for VIP accounts.

Spreads & Commissions

Trading Platforms

LotsFX offers traders a web-based trading platform developed by itself, as well as an MT4 platform provided by a third party.

Deposit & Withdrawal

Three credit/debit card logos are listed in LotsFX official website, including Visa, Mastercard, Maestro.

image.png

LotsFX Disadvantages Include:

1. False regulation

2. No information about spreads & commissions

3. Excessive leverage on gold, platinum, and VIP accounts

4. Non-primary standard MT4 trading platform

5. No information on deposit and withdrawal methods

News

                   WikiFX Scam Alert: Do Not Trust LotsFX!!!

Exposure WikiFX Scam Alert: Do Not Trust LotsFX!!!

2022-10-11 12:37

The so-called brokerage LotsFX is nothing more than an outright scam, which was blacklisted by the Financial Conduct Authority in the UK.

WikiFX
2022-10-11 12:37
Exposure
                   WikiFX Scam Alert: Do Not Trust LotsFX!!!

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