Loyalty FX Markets Review: A Shady Company

Loyalty FX Markets Review: A Shady Company

Loyalty FX Markets allegedly provides diverse trading opportunities for traders. The broker claims it is the largest leading forex trading company in the industry. Their main selling point is maximum security and numerous products. The firm also states it has the cheapest and affordable opportunities for investors. Review, Company

However, this venture is nowhere in the genuine and leading schemes list. They are only looking for ways to steal from innocent people. The broker deals with equity, commodities, forex, future, and options. 

It also claims to have low spreads and high leverage. However, the entity is pushing investors to risky limits. They brag about having over 60 products. The scheme states it has an MT5 interface. You can fund your account using various options. Unfortunately, this company lacks transparency. 

The information of the account manager, financial analyst, technical analyst team is not available. Therefore, there is no assurance the right people are handling your funds. You could be entrusting your money to incompetent individuals. Therefore, watch out and only deal with reputable schemes. 

Loyalty FX Markets states it uses the latest trading tools. Investors can also reach the team around the clock. The minimum amount to open an account is $100. They are accepting all forms of investors without restrictions. Anonymous entities are dangerous; you could end up losing everything in the blink of an eye. Review

Loyalty FX Markets feature numerous advantages which investors get from investing with them. The entity praises their support and high security of funds. However, the broker leaves out details of the financial institution it uses to segregate investors’ funds. We do not see any professionalism as the entity’s people are anonymous individuals. 

You can participate in the affiliate program. The venture grants $15 for every new inventor you manage to sign up. The entity is only looking for ways to get more victims. It is unethical to make a new person sign up in a losing venture. The nasty markets do not mind as long as they register on their website. 

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Forex trading is a lucrative opportunity when done right. You need to learn how to manage your risks. The market is unpredictable, and you can either gain profits or losses. We recommend that you perform a survey on the entity you plan on trading with. You will learn a lot about the scheme. 

Check on the clients’ reviews to determine if there are any complaints. Scammers tend to promise investors financial freedom. However, they cannot even sustain a sound business. They even provide false statistics to draw in more clients. 

Here are some of the transparent and sound forex trading companies in the market. You will earn real-time returns at your comfort. They do not make false promises, and you will enjoy better outcomes without risking your safety.

Markets Trading Conditions and Accounts 

Loyalty FX Markets allegedly has zero spreads and tight spreads. The scheme has an MT5 trading interface. It has several trading features and superior software. It has several indicators and numerous accounts to select from. The scheme has 28forex pairs, 5 indices, and 5 metals. 

Loyalty FX Markets Review, Loyalty FX Markets Accounts

The leverage is 1:500, which is beyond what the regulatory body of the UK permits. The regulatory body only allows a cap of 1:30. The spread is 1.7 pips. The average market standard of the spread is 1.5. 

Loyalty FX Markets Withdrawal and Deposits

Loyalty FX Markets does not have deposit fees. The listed payment methods are; debit cards, Maestro, MasterCard, American Express, PayPal, and e-wallets. The venture is offering a welcome bonus. However, it does not specify the terms investors have to meet to cash out. 

The company is not clear on the Terms and Conditions. You will not know what you are signing up for. Stick to transparent entities that do not have hidden charges. Refrain from sharing your data with scammers. They will keep contacting you until you give them access to your money. 

Get knowledge on trading to detect con artists. Many fraudsters and even people claim to help you recover the funds after making losses. Contact your bank to see whether they can issue a chargeback. 

Contact Details and Customer Support

Loyalty FX Markets is allegedly based in London. It features a phone number and an email address. This is a randomly generated address, and the actual location of the entity is unknown. You can only reach the scheme when they need more funds. Their phone number will be deactivated once their business is closed. 

Invest with an open platform that understands the importance of having a transparent support team. You will enjoy peace of mind. If you experience a shortcoming, you can quickly get hold of customer care.

Regulation Status of Loyalty FX Markets

Loyalty FX Markets should be in the Financial Conduct Authority (FCA) database. However, the scheme is nowhere to be found. The investment scheme running its financial activities in the UK must deposit capital of 730K EUR. They must also segregate traders’ funds. 

This ensures there is no mismanagement of funds. Your money is secure, and in case of insolvency, you can receive compensation. The legit broker must also report its daily trading activities to the financial regulators. They cannot risk manipulating the price, leading to their license being revoked. 

Loyalty FX Markets is operating discreetly. Investors have every right to know the people meaning their business. The scheme could close down their business without giving notice. Moreover, it can also change its legal terms without consulting investors. Most of the con artists withhold the payment of trades.

Invest with genuine forex trading companies in the industry. You will enjoy maximum security of funds and data. The trading conditions of these schemes are also sound. The entity does not even have trading performance. 

The biggest red flag is the FCA has issued a warning against the broker. It is illegal to collect funds from UK citizens without obtaining a license from the body. They urge investors to refrain from doing business with offshore schemes. 

Is Loyalty FX Markets a Genuine Company?

Unfortunately, this is a company that is going to lose your money. They only have a superior trading platform, but this should not be the only reason you trade with them. Our main concern is the broker is operating anonymously. They are going to leave you high and dry. 

The trading conditions of Loyalty FX Markets expose investors to risky limits. The scheme has also featured a fake address. The broker is blacklisted by the financial body of the United Kingdom. They also do not have a trading history. Invest wisely and refrain from dealing with con artists. The entity was registered a few months ago. The firm also aspires to be in the industry for only 1 year. They may even shut down the company without notice. 

Final Verdict

The problem with Loyalty FX Markets is it lacks transparency. The entity is operating anonymously. The venture has several loopholes. They are untrustworthy, and dealing with them would lead to an uncertain outcome. Moreover, if the scheme violates its terms, you cannot sue them.

Here is a list of some of the best forex trading companies in the industry. The legit companies are leading in the market. You will enjoy excellent fund safety. They segregate traders’ funds, and you can also check out the trading results. 

What do investors have to say about this company?

Loyalty FX Markets is a firm without clients reviews.

Is Loyalty FX Markets licensed?



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