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LVM Trade Review: Lvmtrade.com a Ridiculous Company

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LVM Trade Review: Lvmtrade.com a Ridiculous Company

LVM Trade is also known as Liquid Valuable Market Trade. The broker claims it was established in 2015. This is the first red flag that we identify if we fail to understand why a company would be so lame. If you run a quick check on whois.com, you realize the broker was established in May 2020. They recently updated their registration, and the domain will expire in 2023.

LVM Trade Review, LVM Trade Company

The platform states a license that allows them to offer asset management and brokerage services. Unfortunately, The entity fails to disclose the financial body that authorized them to collect funds from members of the public. They must make this information known to gain the trust of investors.

LVM Trade accepts both long-term investors and institutional clients. The only people that are more likely to fall for their ploy are novice traders. These are the individuals who lack adequate knowledge of the market.

The company states it is using the mt4 trading interface. This is one of the adorable software in the market preferred by most traders. What we are most interested in is the performance of the broker. 

Unfortunately, the platform does not provide the data. This is not by mistake, as they do not have anything viable to win over traders. They tried to convince potential clients there would be no conflict of interest. However, you should note offshore schemes always put their needs first.

Lvmtrade.com Review

LVM Trade is allegedly working with an EU bank to keep investors’ funds safe. They do not disclose the financial institution they used to segregate the accounts. The law requires investment platforms to separate their accounts from their uses. Without segregation, companies can misuse your money in whatever manner they please.

The venture states it’s one of the trustworthy brokers in the market. How can you believe this while most of their statements are false? The entity is only trying to win over more victims using its sales pitch.

LVM Trade allegedly sent investors high-quality trading signals. They also brag about having a positive history result. Investment is all about statistics, something which the entity doesn’t have. The platform assures clients it minimizes the trading risks. You can choose to open a managed account, and they will execute orders on your behalf.

It would have been best if the venture provided the team’s qualifications. It is unwise to entrust your cash to anonymous individuals blindly. They may not be skilled to offer the best trading services.

Try out these best forex trading brokers in the market. The ventures are genuine and transparent. They operate in the best interest of their customers. The withdrawal requests are also handled in time. 

LVM Trade Trading Conditions 

LVM Trade is an official company that goes overboard in offering the best trading software. MetaTrader4 is a superior interface that can contribute to greater results. Unfortunately, the software does not belong to the scheme. The owner of the interface hails from Vanuatu, an offshore region.

Lvmtrade.com Review, Lvmtrade.com Features

When a company offers reliable software, it does not prove they are genuine. The broker has a spread of 0.2 pips. This is a profitable opportunity as investors will have little money when opening trade. They also have a performance charge of 25%.

Their leverage is that of 1:400. It might sound like a profitable opportunity. However, you should also be mindful that the market is volatile. If the venture moves in the unpredicted direction, you will be left counting huge losses. 

Withdrawal and Deposit 

LVM Trade claims it accepts funds via wire transfers, debit, and credit cards. Bank card payment allows clients to issue a chargeback from 540 days. The platform does not allow clients to withdraw funds if their account is below 5000 EUR. Small traders might suffer the most. 

You won’t get such shady requirements when trading with legitimate schemes. You can withdraw any amount that you please without facing any limitations. It will also take 30 days for the broker to release your profits. There is no reason you should settle with the scheme.

Contact Details and Customer Support 

LVM Trade is allegedly based in the United Kingdom. Investors can reach the venture via email or phone number. However, it appears the actual location of the scheme is in SVG. Saint Vincent and the Grenadines is a dark place that hosts the majority of the fraudulent schemes. 

There is no guarantee the scheme is going to answer your phone call. Any issue that you may experience will never be resolved. Scammers are busy stealing from innocent people. The more money you are willing to spend, the closer you shall be in their corner. 

Once you run out of money, they end up blacklisting your account. If you want to trade safely, choose an authentic broker. Transparent schemes are ideal, and they will observe the law. They also hire professionals to ensure any challenges are handled quickly without affecting your trading experience. 

LVM Trade Regulatory Status

LVM Trade is targeting traders from the UK. Yet they are not regulated to conduct their business in the region. A broker needs to deposit 730K EUR capital to acquire a license from the FCA. It must also submit the names of the account manager and other experts handling traders’ funds.

On the other hand, offshore platforms observe anonymity. It allows them to steal from innocent people without worrying about being caught. The broker in question uses a trading software that belongs to another exposed scam. They are also not reporting their daily open and close trade results. The scheme can provide fake results or even claim you have lost money while they are not even trading.

LVM Trade can decide to close down its website. Investors will not receive a penny from the scheme. You will be left counting losses. However, if a legitimate entity faces bankruptcy, clients receive compensation. Unregulated firms can also change the terms and conditions without being questioned. 

Final Verdict 

LVM Trade is a lethal scam. The broker operates from an infamous region, Saint Vincent and the Grenadines. The entity withdrawal terms show the venture is unwilling to give back investors’ money. The broker lacks a training history. 

Invest with these leading forex trading companies. The brokers are transparent and adhere to the rules of financial bodies. The entities focus on providing professional services. You can earn passive income with them. 

Are the trading conditions of LVM Trade favorable?

No, the scheme exposes traders to severe risks.

Does LVM Trade have a license?

Unfortunately, this is an illegal scheme

Can Investor earn the advertised returns?

The only thing you can get from LVM Trade is huge losses.

 

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