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LED Capital (Led-capital.com) is another cruel Crypto Currency and Forex scam broker to hit the trading scene. LedCapital is claiming to have access to a world of profitable and sustainable investment. These could all be great if only the broker was real and delivered on their promise. It turns out this is another shoddy online investment platform operated by crooks. Read this honest LED CAPITAL review and find out more.
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What seems to be a genuine online platform is turning out to be a money minting scheme. These scam artists have gone ahead and cloned a trading website. Yes, these scam artists have created an illusion this is a real brokerage firm. Thanks to our years of trading experience, we know how to spot a scam from a mile away. Members have been sending emails urging us to investigate this rotten platform. What we found out is shocking beyond belief; LED Capital is a sleazy platform.
By using empty claims and promises, these scam artists have managed to nub unsuspecting investors. These scam artists know how to prey on the need to make extra money. They will offer you a promise to be rich within a short period of time. Beware of such con artists who ask for your funds and in return promise high and quick profits. LEDCapital is one such online platform whose reputation is wanting to say the least. Here are some of the facts which make it a complete scam.
According to their About us page, they claim to be incorporated in 2011. These are the empty claims we are warning investors in regards to scam platforms. To be clear, this company is not listed on any Company registrar which makes it an unlicensed company. Their website does not indicate where this company is located or any of their offices. It seems LED Capital is anonymous.
Any anonymous online platform should be treated with caution. Who are the founding members of this brokerage site? Why have they failed to give investors the actual names of people running this website? Scam artists are known to hide their true identity for obvious reasons. Dealing with anonymous investment platforms is wanting.
Another interesting revelation is LED Capital is not licensed or regulated by any known authority. We checked with numerous regulatory bodies to check their license status. These bodies include ASIC, COSNOB, CySEC, FCA, FSCA, and NFA. All these regulatory bodies have never heard of LEDCAPITAL. It seems we are dealing with a broker who lacks any authorization to conduct Forex services. Opening an account with them is forbidden and risky.
Why have they failed to produce any licensing credentials to prove their registration? They simply don’t have the right authorization. A real broker will post copies of their license certificates for all to see. This helps investors to validate the claims and ensure they are dealing with a licensed broker. LEDCapital on the other hand fails to post even their license number? Stay away from this scam site or else become their next victim. Stealing funds is what they are after.
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We could not find any advantage of dealing with this broker. Most members have been complaining in regards lacking access to their funds. Once you request for a withdrawal, LED Capital is blocking accounts and closing them. These are scam artists who we plan to expose. LED Capital is operating illegally and is targeting unsuspecting online investors. Make sure to stay away.
LEDCapital is furnishing members with three different account types. These accounts are named Start, Classic, and Pro. Start account which is the basic accounts requires users to deposit $500. Industry acceptable and set minimum deposit requirement stands at $250. . Accounts also have same features which is weird to say the least.
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Would you believe these scam artists claim to have a total of eleven awards? These are all fake awards which the broker is using to entice investors to sign up. Awards such as Financial Market Broker of the year 2018 are all fake. Notice these are simply logos of awards and none has any name engraved in them? An award should have a broker’s name engraved as a mark of acknowledgement. These scam artists have used award logos and posted them on their website.
Another perturbing issue we found with this broker is having an unstable platform. LEDCapital is claiming to have a web based platform as well as a desktop and mobile platform. TradeMax is the name of their desktop and mobile platform. What we did was try and download it to our devices and see how it works. Sadly, the platform is unstable as it doesn’t have any protection. Lack of SSL Encryption means we are dealing with a platform which can be easily hacked.
Imagine sending an email asking to withdraw funds and never getting a response. This is what a majority of members have been going through as the broker prefers email communication. Emails are a great way of communicating if users get any response. They are one way which makes the broker decide which ones to reply to. And this is what makes it a dangerous platform. Why not simply use live chat? With today’s technological advance, live chat is more than possible.
After checking all facts, we are sure LED Capital will not safeguard your funds. A broker who is anonymous and has no license can’t be trusted with funds. Did you know they have not listed any depository or withdrawal channels on their website? Members of Led Capital have been depositing funds straight to owner’s bank account. And this is why using an unlicensed entity could be a financial suicide.
With all the details being brought to light, we can strongly say LEDCapital is a scam. Make sure to stay away from these scam artists and open an account with recommended entities.
Adding this broker to our scam blacklist will protect our readers from falling to their traps. These scam artists have no right to be conducting any Forex transactions on behalf of investors. Stay away from LedCapital and make sure to warn your family and friends.
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Wishing all investors a prosperous trading experience.
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