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Research before investing with this “company”
If you have recently handed over your hard earned money to this company try a simple withdrawal, I’ve been attempting since 09/07 to get my $2000USD capital returned.
After some basic research
you’ll find plenty of scam alert warnings about this business, now I can only try warning others to stay well clear, most if not all positive reviews are fictional as is their stated address.<br />
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Because of zero regulation this company is a power unto themselves, I’ll never invest with an unregulated company again...big mistake..<br />
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The maximum leverage that LondonFX claims to offer is 1:200, which is extremely high. High leverage is dangerous since traders could end up not only losing all their funds but also going bankrupt. <br />
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This is something that has happened in the past, which is why many financial regulators around the world have placed limits on the amount of leverage brokers are allowed to offer their clients. In the UK and Europe (where this broker claims to operate), that limit is set at 1:30. So, 1:200 is not just too high a leverage, but it is also not viable.<br />
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This is one example of their attempt to proclaim legitimacy by producing transaction ID numbers, completely comical.<br />
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Transaction Id: d08e2bc3-7d24-499b-a4ad2bf82a30872<br />
Transaction Id: 01bb1b51-a8c4-4990-8f7cbdcd394045b<br />
Transaction Id: a9b9fddc-4640-446b-93d97c08d31209d<br />
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Thanks for your time.
Review date 2021-08-29 06:02:53