Brief Look at Land-Fx
Land-FX, founded in Asia in 2021, quickly gained a reputation as a scam. Like many similar organizations, it is alleged to misappropriate client funds.
Land-FX reportedly covers up its activities by shutting down its website and directing clients to offshore courts. The disappearance of 204 brokers supports this claim.
While the land-fx.com website was registered in 2012 and re-registered in 2021, the initial registration is unrelated to the emergence of the Land-FX broker, as information about the broker appeared only in 2021.
Land-FX's website doesn't provide copies of licenses but falsely claims to be regulated by the non-existent Financial Services Authority (FSA). The actual regulator is the Financial Conduct Authority (FCA). Although there is a record of LandFX UK Limited in the FCA database, it has a different registration number.
Client reviews suggest that Land-FX's primary goal is to deceive clients into believing in the project's legitimacy to extract as much money as possible. The company allegedly fails to process withdrawal requests, conceals its management team, and operates without a valid regulatory license.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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