LCOIN MARKET CONTENT:
- GENERAL INFORMATION
- FUNDS TRADING AND SECURITY
- TRADING ACCOUNTS
- TRADING CONDITIONS
- TRADING PLATFORM
- Lcoin Market’S TRADING PRODUCTS
- CUSTOMER SERVICE
- CONCLUSION
Broker Review: Lcoin Market
Lcoin Market Review: General Information
Lcoin Market successfully sets the tone for their entire service on its landing page. They claim to have over 25 years of experience in total, first as a hedge fund, and since 2016 as a broker. It’s quite obvious that they’re lying, as there’s no mention of Lcoin Market before 2020. Even now, it’s difficult to come by any info about the broker.
It’s hard to believe that a broker stayed afloat for four years without gaining any traction or attracting any attention. But while that seems like a white lie to gain trust, it’s actually much more malicious. We’ll go into further detail in our Lcoin Market review.
Funds Trading and Security
So, while parading around as a prestigious group of investors and financial consultants, Lcoin Market failed to secure any regulation. Furthermore, they’ve bunkered up in Saint Vincent and the Grenadines, a favorite location of shady businesses. It’s quite apparent that the broker is a scam, and deserves no trust at all.
However, if you want to ignore the lack of regulation and popular scam location, there’s still more to come.
Trading Accounts
The way their accounts are set up is another clear indication that Lcoin Market is a scam. They tick all the boxes, no demo account, high investment for the first one, and insane numbers for the later ones. To add to that, the info regarding each account type is very limited, and none of the important things that would impact trading are mentioned.
Lastly, their VIP account is a straight downgrade from the cheaper account type. That’s an indication of either massive incompetence or sloppiness; you can decide which for yourself.
Trading Conditions
The trend of hiding information behind a paywall continues in the trading conditions. You can’t find anything out before signing up. There’s no info about leverage, spreads, or the number of assets. Since the attention the broker attracted is quite limited, you can’t even rely on third-party websites to find those things out. Investing $200 for an account when you don’t even know what you’re getting is ludicrous, so we’re unsure why anybody would use Lcoint Market.
Trading Platform
If there was one good thing we had to say in our LcoinMarket.com review, it’s that the broker picked the right platform. Lcoin Market uses MT4 for all but their web client. The web platform is, sadly, proprietary, which means it’s probably a downgrade from MetaTrader4. Also, it’s quite sad that Lcoin Market’s best quality as a broker is using the right software.
Lcoin Market’s Trading Products
You’re probably sick of hearing that info on Lcoin Market’s website is missing, but that’s the case again. Namely, while there’s a list of trading product categories with short descriptions present, there’s nothing on the specific assets or their numbers.
Customer Service
Lcoin Market set up quite a few phone lines for their customers to call, as well as an email. That, however, still isn’t enough to reach the industry standard, as live chat is entirely absent, and info about their support team’s work hours is missing.
UK Phone: +44-20-8089-1061
Email: [email protected]
Lcoin Market Review: Conclusion
If we were talking a real broker, we wouldn’t need to spend half of our Lcoin Market review going “The info is missing.” If you want to give Lcoin Market the benefit of the doubt (which you shouldn’t) they’re amateurs that set up a poor service. If you look at it realistically, however, the broker is little more than a scam, which you should, naturally, avoid.
Poor services
Poor trading tools and services. Do not trade with them.
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Bad people
Bad people, avoid them by all means.
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The only problem I have encountered is that it is very difficult to get through their customer service every time I need help.
Stay away
Stay far away from this trading company. They are not good at all.
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Stay away
Stay far away from this trading company. They are not good at all.
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Do not deal
Bad people and worst services. Do not deal with them.
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Stay away
Stay far away from this trading company. They are not good at all.
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Lose huge money
Not a good idea to get involved with their trading. I have lose so much money.
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Poor broker performance
Poor broker performance. The signals are not profitable, services are also one of the worst especially customer services who are always unavailable all the time.
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Poor trading broker
I stopped trading with this broker, they are not effective trading partners.
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Difficult withdrawals
Poor services, withdrawals are very difficult and slow.
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Stay away
Stay far away from this trading company. They are not good at all.
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Stay away
Stay far away from this trading company. They are not good at all.
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Bad services
Bad service, rude people and no withdrawals. Stay away from them.
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Dishonest broker
It is a NO for this broker company. They are dishonest and not worth my trust.
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Avoid them
Avoid this trading company, they will never pay your profit.
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Difficult to withdraw
Unable to get my money. I requested to withdraw some profit but they always failed me on account verification. They keep on asking for more documents.
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Poor forex broker
Do not be deceived by their strong marketing strategies, they will show you heaven but actual trading will give you hell. I have lost so much money on this, be careful.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Rude customer service
Extremely rude customer service, very bad.
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Worst broker company
The worst broker company I have ever dealt with. I had consecutive losses.
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Poor customer service
Poor customer service. People here are very arrogant and rude. They don’t even make you feel valued as a client.
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Slow withdrawals
I am not dealing with this broker service again. Poor signals and slow withdrawals.
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Slow withdrawals
Slow withdrawals. It took them almost a month. Had so many follow-ups.
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Do not invest
Do not invest with this broker company. They are very unprofessional when it comes to withdrawals.
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Unreliable signals
I stopped trading with this broker. Signals are unreliable.
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Irresponsible brokers
They never pay attention to details. I have missed so many great trading opportunities because they neglected my messages.
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Avoid them
Avoid this trading company, they will never pay your profit.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Slow withdrawals
Since the day I started trading with this broker, the problem I had to face is slow withdrawals.
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Irresponsible broker
Irresponsible trading broker. I have lose so much because of their negligence.
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Poor forex broker
Do not trade with this broker. They are not good at all.
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Avoid them
Avoid this trading company, they will never pay your profit.
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Not a trusted broker
I can not fully trust this trading company. I feel something really wrong is going on.
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Bad company
Bad company. Do not transact with them.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Poor forex broker
Do not trade with this broker. They are not good at all.
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Poor forex broker
Do not trade with this broker. They are not good at all.
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Poor signals
Poor signals. I get more loses than winning trades.
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Scammers
Do not trust them. They are scammers.
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Irresponsible broker
Irresponsible trading broker. I have lose so much because of their negligence.
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Poor forex broker
Do not trade with this broker. They are not good at all.
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Irresponsible broker
Irresponsible trading broker. I have lose so much because of their negligence.
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Dishonest broker
It is a NO for this broker company. They are dishonest and not worth my trust.
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Avoid them
Avoid this trading company, they will never pay your profit.
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Poor forex broker
Do not trade with this broker. They are not good at all.
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Poor trading brokers
Poor trading brokers. They are not that skilled in providing effective signals. I always noticed signals are against market movements.
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Slow customer service
Slow customer service. I have lose a fortune before they respond.
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Poor customer service
Poor customer service. Their line is always busy and they are unresponsive on messages.
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Slow customer service
Slow customer service. I have lose a fortune before they respond.
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Avoid them
Avoid this trading company, they will never pay your profit.
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Difficult withdrawal
The longest and the most difficult withdrawal process. They keep on asking for so many documents and there are so many terms to fulfill.
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Bad customer service
Bad customer service and poor trading signals. I can not recommend this broker, they are not good enough.
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Poor offers
Poor offers. Do not deal with them.
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Unreliable services
Unreliable services. They are just after your deposit.
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Irresponsible broker
Irresponsible brokers. They ignore me most of the time, I never get the support I needed.
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Do not process withdrawals
Not ideal forex trading brokers. They do not process withdrawals.
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Avoid them
Unresponsive after deposit. Avoid them.
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Bad behavior
Bad behavior people. They have ripped me off my bank account.
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Lose money here
I lose money here. Not a good idea to trade with them.
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Avoid this broker
Avoid dealing with this broker. They are very good in collecting money and not really a good forex broker.
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Difficult withdrawal
The longest and the most difficult withdrawal process. They keep on asking for so many documents and there are so many terms to fulfill.
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Bad broker service
Bad broker service.Withdrawals is slow and there are so many requirements.
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Dishonest broker
It is a NO for this broker company. They are dishonest and not worth my trust.
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Not recommended
Slow customer service. I am not happy with any of their services. Not recommended.
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Not a good broker
Tired of the runarounds on my missing withdrawals. Not a good broker.
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Manipulate trades
Manipulates trades. I have lose so much money on this.
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Denied withdrawals
They have convince me in deposting my money and trading with them. However,they are not granting my withdrawal request now.
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Poor trading company
The tools and services aren’t really helping at all. Poor trading company.
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Poor company
Poor trading company. Do not trade with them.
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Bad services
Bad services. Withdrawals are always slow and signals are inaccurate.
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Not recommended
I won’t recommend this broker. Lets you think you win but takes all your money. Don’t fall for this guys.
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Scammers
They will just steal money from you. Stay away from these scammers.
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Crappy customer service
Crappy customer service. Seldom answers chat and emails. It sounded very dull. I am not trading with them again.
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Unregulated broker
Unregulated trading broker. too late when I found out, I already lost so much money.
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Bad company
Bad company. Stay away from them.
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Worst broker company
The worst broker company I have ever dealt with. I had consecutive losses.
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Do not pay profit
Do not pay a profit. So many lame excuses.
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Rude customer service
Extremely rude customer service, very bad.
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Poor signals
Poor signals and slow withdrawals. Will not trade with them again.
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Unresponsive customer service
Unresponsive customer service. If I call them, I get no answer but they are not responding to messages, too.
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Issues on withdrawals
There are so many issues with their withdrawal process. Will never trade with them again.
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Unreliable signals
I stopped trading with this broker. Signals are unreliable.
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Issues on withdrawals
There are so many issues on their withdrawal process. Will never trade with them again.
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Slow customer service
Slow customer service. Annoying phone queue and no email replies.
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Delayed withdrawals
Not a good broker service. Email and chat replies are delayed and even withdrawal comes with great delay.
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Dishonest broker
It is a NO for this broker company. They are dishonest and not worth my trust.
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Poor offers
Poor offers. Do not deal with them.
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Poor trading instruction
They only give out half-bake trading instructions. Most of the time I lose money.
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Poor support
They did not pay attention to my trading concerns. I am not trading with this broker again.
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Worst signals
Worst broker signals I have ever used. I never hit good trades out of their trading advice.
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Poor trading platform
Old and outdated trading platform. I always encounter system glitches and errors. Very frustrating trading platform experience.
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Worst signals
Worst broker signals I have ever used. I never hit good trades out of their trading advice.
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Poor trading company
The tools and services aren’t really helping at all. Poor trading company.
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Impossible to withdraw
Trading with this broker is a total nightmare. I was convinced to add more money but I lost them all. Poor trading signals and impossible withdrawals.
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Poor trading services
Stay away from these thieves. I notice during the few days of trading with them that they just keep on asking for money but are not really profitable. Poor trading services and poor trading tools.
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Poor services
Poor services. Not a good one to trade with.
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Slow customer service
Slow customer service. I have lost a fortune before they respond.
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Avoid them
Avoid this trading company, they will never pay your profit.
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Slow customer service
Slow customer service. I had a very frustrating experience with this broker.
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I am not getting enough profit, just a waste of time
The trading terms are okay but I am not happy with the profit I am getting. It’s almost nothing at all, just a waste of time, I guess.
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Bad services
Bad trading services. THe do not process withdrawals and ignore you after the deposit stage.
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Scam offers
Keep yourself safe from their scam offers. I have lose so much on this.
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Not recommended
Very difficult to request for withdrawals. Not recommended.
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Stay away
Stay away from them. They rub people’s bank accounts.
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Avoid them
Unresponsive after deposit. Avoid them.
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Poor broker signals
Not an ideal broker for forex trading. Signals aren’t good enough.
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Unreasonable pricing
Unreasonable pricing. Very expensive to trade with them. And price increases drastically.
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Awful signals
Not a good broker. I have traded with them but signals are really awful.
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Poor offers
Poor offers. Do not deal with them.
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Slow customer service
Slow response from customer service. every time I needed help and call their hotline, it takes so long for someone to pick up the phone. Email at chat response comes with great delays as well.
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Poor signals
Poor trading signals and bad customer service. I am not trading with them again.
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Poor trading instruction
They only give out half-bake trading instructions. Most of the time I lose money.
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Irresponsible brokers
They never pay attention to details. I have missed so many great trading opportunities because they neglected my messages.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Not recommended
Slow customer service. I am not happy with any of their services. Not recommended.
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Withdrawal issues
Trading terms are okay. They even offer better leverage compared to other brokers. They also have good signals, however, I had withdrawal issues so I closed my account with them.
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Bad broker service
Bad broker service. Withdrawals is slow and there are so many requirements.
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Do not deal
Do not deal with them, they scam people.
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Problems with withdrawals
I had a problem with withdrawals, the process is very lengthy and there are so many documents needed.
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Problems with withdrawals
I had a problem with withdrawals, the process is very lengthy and there are so many documents needed.
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Poor signals
Signals are not good. They are used to work on elsewhere, on freezing money I guess.
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Bad people
Bad behavior people. Stay away from them.
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Worst signals
Worst trading signals. I lose more money here.
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Do not trade with them
I was cheated here. Do not trade with them.
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Poor customer service
Poor customer service. People here are very arrogant and rude. They don’t even make you feel valued as a client.
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Frustrating withdrawal process
I am very much frustrated with their withdrawal process. I find it really very slow and I find it very difficult to provide what is being asked.
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Not a good broker
Not a good broker. I have lost so much money here.
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Worst customer service
Worst customer service I have ever dealt with. They are very rude and sounded very unhelpful.
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Poor offers
Poor offers. Do not deal with them.
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Confusing trading tools
Trading tools are so confusing. I had a hard time understanding the charts.
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Poor trading signals
Something is not right about this broker. They always block my withdrawal request. Signals are often causing losing trades.
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Not legit
Not a legit trading broker. Do not invest money here.
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Not legit
Not a good idea to trade with them. They are not legit brokers.
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Poor broker services
I had moved away from this broker after a month-long of trading with them. Signals are not reliable and services are poor.
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Harassing phone calls
They keep on calling. I find it very annoying, these are unscheduled calls asking for more money. I regret activating an account with this broker.
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Delayed withdrawals
Delayed withdrawals. They do not process withdrawals promptly. Even if I comply with all of the requirements, I still have a great delay in withdrawals.
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Slow withdrawals
Slow withdrawals. Very frustrating wait time I have ever experienced.
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Poor trading company
Poor trading company for online trading. Signals are unreliable.
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Do not trade with them
Save yourself from losing money. Do not be enticed by these broker offers. Do not trade with them.
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Stay away
Stay away from their trading schemes. Not good at all.
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Scam offers
Keep yourself safe from their scam offers. I have lost so much on this.
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Poor offers
Poor offers. Do not deal with them.
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Do not trust
Do not trust them. They scam and steal money from people.
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Avoid them
Avoid any of their deals. All are just trapped to get your money, no one wins.
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Poor customer service
Poor customer service. Very difficult to get hold of a live representative. I am so frustrated with their services.
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Poor broker services
I had moved away from this broker after a month-long of trading with them. Signals are not reliable and services are poor.
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The worst broker
I never imagine it is this worst to trade with this broker. I, until now for the past 3 weeks, is unable to withdraw money. They began to be busy and started so difficult to contact when I start asking for withdrawals.
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Poor offers
Poor offers. Do not deal with them.
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Poor forex broker
Not a good broker to deal with. For a month-long of trading with them. I never gain anything but have lots of losses instead.
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Fake brokers
Fake brokers. Nothing is real about this broker company.
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Frustrating withdrawal process
I am not very happy with the withdrawal process, a lot of documents to submit and the process is quite lengthy.
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Do not trust this company
I deposited a few times and notice consecutive losses. Do not trust this broker company.
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Bad customer service
They have good trading terms however I closed my account recently due to their bad customer service.
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Poor trading instruction
They only give out half-bake trading instructions. Most of the time I lose money.
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Manipulate trades
Manipulates trades. I have lost so much money on this.
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Worst broker
Extremely worst forex broker. Do not trade with them.
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Not a good broker
Not a good broker. I have lost so much money here.
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Not a good broker
Not a good broker. I have lost so much money here.
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Not a good broker
Not a good broker. I have lost so much money here.
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Poor trading instruction
They only give out half-baked trading instructions. Most of the time I lose money.
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Does not pay profit
Warning: this broker does not pay profit and comes up with so many excuses to hold withdrawals.
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Not a good broker
Not a good broker. I have lost so much money here.
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Unregulated broker
Unregulated trading broker. too late when I found out, I had already lost so much money.
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Manipulate trades
Manipulates trades. I have lost so much money on this.
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Not a good broker
Hi! Testing them for over a week now and as early as 1 week, it’s really a no. Not a good broker.
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Poor trading services
Poor trading services. I am not happy with how they treat me and I am not getting good results.
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Poor trading profit
The profit projected is very far from reality. Be careful in investing money with this broker.
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Funny $10 deposit
They’ve fooled me by saying I am allowed to join with just $10. After depositing, they ask for more money and when I declined to add more they’ve kept my $10.lol.
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Not a good broker
Not a good broker. I have lost so much money here.
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Irresponsible broker
Irresponsible trading broker. I have lost so much because of their negligence.
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Constant price increase
Constant price increase. I notice it for the past few months of trading with them.
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Do not deal
They call out of nowhere asking for personal and banking details. Do not deal with them.
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Unable to withdraw
Unable to withdraw money. I do not advise trading with this broker.
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Lost money on them
I am skeptical about my first encounter with this broker. I wish I could have followed my intuition, I regret dealing with them. I have lost huge money on their CFD trading.
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Bad trading company
I did not gain anything. Will never trade with them again.
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Annoying services
Annoying trading services. I got pissed off with their difficult withdrawal process.
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Worst trading experience
Worst trading experience. I have lost so much money here.
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Stay away
Stay away from them. I have lost so much on this.
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Do not trust
They can come up with so many violations to freeze money. Do not trust them.
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Not a good broker
Not a good broker. I have lost so much money here.
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Worst customer service
The worst customer service I have ever dealt with. They can not communicate well and never listens to lo client’s concerns.
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Not a good broker
Not a good broker. I have lost so much money here.
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Too good to be true
Deceitful and too good to be true. They promise heaven but gives you hell.
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Not a good broker
Not a good broker. I have lost so much money here.
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Not a good broker
Not a good broker. I have lost so much money here.
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Scammers
They will just steal money from you. Stay away from these scammers.
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Slow customer service
Slow customer service. Annoying phone queue and no email replies.
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Worst broker company
Worst broker company. They do not have a withdrawal process, only deposits.
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Slow customer service
Slow customer service. Annoying phone queue and no email replies.
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Always lose on trades
Something is just not right. I always lose on trades.
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Not a trusted broker
I cannot fully trust this trading company. I feel something really wrong is going on.
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Avoid them
Avoid any of their deals. All are just trapped to get your money, no one wins.
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Poor offers
Poor offers. Do not deal with them.
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Do not deal
Bad people. make sure not to deal with them.
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Lose huge money here
When you deal with this company you will surely end up with nothing. I have lost huge money on this.
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Worst nightmare
My worst nightmare. I have lost all my money on this.
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Irresponsible broker
Irresponsible brokers. They ignore me most of the time, I never get the support I needed.
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Do not process withdrawals
Not an ideal forex trading brokers. They do not process withdrawals.
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Manipulate trades
Manipulates trades. I have lose so much money on this.
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Poor services
The worst broker I have ever seen. Signals are poor and so are services.
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Slow
Slow withdrawals and slow customer service. All of the services are really very inefficient.
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Bad broker
Bad broker. They will take all your money, do not deal with them.
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Bad experience
Bad experience. I lost huge money on this. Don’t even dare to try.
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No withdrawals
No withdrawals here. The moment you deposited your money, you will never get it back.
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Poor trading brokers
Poor trading brokers. The basis I looked at is my trading profit. Not so profitable trading with.
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Poor services
Poor services and tools. As if they are not regulated, brokers.
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Delayed withdrawals