Review summary
Lmg Market Group Ltd (Lmgmarket) is a broker established for 5-10 years and registered in Cyprus. According to WikiFX data, the entity's regulatory status is identified as a 'Clone Firm', specifically presenting cloned credentials from the Cyprus Securities and Exchange Commission (Cyprus CYSEC). It holds no valid authoritative forex trading licenses, indicating a severe lack of credible financial oversight. The broker's overall WikiFX Score is a notably low 1.57. Public exposure highlights issues regarding fund withdrawals and platform stability. Minimum deposit, leverage specifications, and platform details such as MT4/MT5 availability are not explicitly listed. Given the clone firm designation and absence of genuine regulation, engagement with this entity entails extreme risk. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-08)
苗5135
Hong Kong
Deceive me to join on the ground of trial and do not allow me to withdraw. It is said that I can only withdraw after trading to 7000 dollars.
Exposure
苗5135
Hong Kong
No withdrawal, often change the link, can't find the company app
Exposure
叶子59350
Hong Kong
At first, we did small orders. Then they asked us to pay handling fees in order to encourage more orders. But it did not allow stopping loss. We were about to liquidate and deposited more. Finally it rejected our withdrawal due to various reasons.
Exposure
叶子59350
Hong Kong
Fraud platform. It rejected withdrawal for many reasons.
Exposure