Leewaygroups.ltd Review

Leewaygroups

Investors Alert Leewaygroups.ltd – Regarding falsely claiming association with registered Australian businesses or financial services licensees and their authorized representatives.

Introduction:

Online trading can be a lucrative and exciting way to invest your money, but it also comes with risks. One of the biggest risks is falling victim to a scam broker that pretends to be a legitimate financial institution. In this blog post, we will expose one such scam broker, leewaygroups.ltd, and show you how to spot and avoid them.

Products and Services:

Leewaygroups.ltd claims to offer a variety of online trading products and services, such as forex, stocks, commodities, indices, cryptocurrencies, and binary options. They also claim to provide advanced trading platforms, educational resources, market analysis, and professional support. However, these claims are not backed by any evidence or verification. In fact, leewaygroups.ltd is not registered or regulated by any reputable financial authority, which means they are operating illegally and without any oversight.

Financial institution & regulatory license:

Leewaygroups.ltd claims to be a licensed and regulated financial institution that operates under the laws of Australia. They also claim to be a member of the Australian Securities and Investments Commission (ASIC), the Financial Services Complaints Authority (FSCA), and the Financial Conduct Authority (FCA). However, these claims are false and misleading. Leewaygroups.ltd is not listed or authorized by any of these regulators, and they have no legal right to offer financial services in Australia or any other jurisdiction. In fact, ASIC has issued a public warning against leewaygroups.ltd, stating that they are a suspected imposter entity that is impersonating a genuine company.

Trader’s Reviews and Customer Service:

Leewaygroups.ltd has a very poor reputation among online traders and reviewers. Many customers have reported that leewaygroups.ltd is a scam broker that does not honor withdrawal requests, manipulates trading results, charges hidden fees, and uses aggressive marketing tactics. Leewaygroups.ltd also has a very unprofessional and unresponsive customer service team that does not address complaints or queries. Some customers have even reported that leewaygroups.ltd has blocked their access to their accounts or deleted their accounts without any explanation.

How do online trading scams operate:

Online trading scams are becoming more sophisticated and prevalent in the digital age. They often use fake websites, social media profiles, testimonials, and reviews to lure unsuspecting investors into their schemes. They also use high-pressure sales tactics, unrealistic promises, and false guarantees to convince customers to deposit money with them. Once they have the customer’s money, they either refuse to let them withdraw it, or they disappear with it altogether.

How to Safeguard Against Fraudulent Brokers:

There are some steps you can take to protect yourself from online trading scams. Here are some tips:

– Do your research before choosing a broker. Check their website, registration details, regulatory status, reputation, and reviews.

– Avoid brokers that offer too-good-to-be-true deals, such as high returns with low risk, free bonuses, or guaranteed profits.

– Be wary of brokers that ask for personal or financial information that is not relevant or necessary for trading purposes.

– Be cautious of brokers that pressure you to deposit more money or trade more frequently than you are comfortable with.

– Always read the terms and conditions carefully before signing up or making any transactions.

– Keep track of your trading activities and account balance regularly.

– Report any suspicious or fraudulent activity to the relevant authorities as soon as possible.

Conclusion:

Leewaygroups.ltd is a scam broker that you should avoid at all costs. They are not a legitimate financial institution, but a suspected imposter entity that is trying to deceive and defraud investors. They have no regulatory license, no credibility, no transparency, and no customer satisfaction. If you are looking for a reliable and trustworthy online trading broker, look elsewhere.

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