|Regulated
WikiFX Score
Saint Vincent and the Grenadines
Comparison
The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
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support@legomarket.co
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Griffith Suite Corporate Centre Kingstown, St Vincent And The Grenadines
VPS Standard
No restriction on the broker account. Provide service support by WikiFX
Single Core
1G
40G
Company Name
Lego Market LLC.
Phone of the company
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Company website
Customer Service Email Address
support@legomarket.co
Company address
Griffith Suite Corporate Centre Kingstown, St Vincent And The Grenadines
Pyramid scheme complaint
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The number of the complaints received by WikiFX have reached 13 for this broker in the past 3 months, please be aware of the risk and the potential scam!
United StatesNFA (license number: 0535165) The regulatory status is abnormal, the official regulatory status is Unauthorized, please be aware of the risk!
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The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.
Current Status:
RegulatedLicense Type:
Appointed Representative(AR)Regulated in Country/Area
Regulatory License No.：
001292806Email Address of Licensed Institution :
Andrew@augurcapital.com.auLicense Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
256A Rundle St Adelaide SA 5000Phone Number of Licensed Institution :
08 7160 1176National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.
Current Status:
UnauthorizedLicense Type:
Common Financial Service LicenseRegulated in Country/Area
Regulatory License No.：
0535165Email Address of Licensed Institution :
--License Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
--Phone Number of Licensed Institution :
--Licensed Institution Certified Documents :
Annex1
The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.
Current Status:
ExceededLicense Type:
Common Business RegistrationRegulated in Country/Area
Regulatory License No.：
653 498 303Email Address of Licensed Institution :
--License Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
ADELAIDE SA 5000Phone Number of Licensed Institution :
--Licensed Institution Certified Documents :
Annex1
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General Information & Regulation
Lego Market LLC (Lego) is a forex and CFD broker registered in Saint Vincent and Grenadines, offering diversified trading products including currency pairs, indices and futures through the advanced MT4 trading platform.
Market Instruments
Tradable financial instruments available on the LEGO platform include three trading assets: forex currency pairs, indices, and futures.
Minimum Deposit
LEGO offers three real trading accounts: Standard, Pro and VIP. The minimum initial deposit for the standard account is as low as $10, $100 for the Pro account. While this requirement soars to $10,000 for the VIP accounts.
Trade Size
The minimum trade size for all three accounts is from 0.01 lot. Execution Type: Market Execution.
Leverage
LEGO offers a leverage up to 1:1000 for forex trading. Since leverage can amplify gains as well as losses, it is essential for traders to learn how to use leverage and risk management.
Spreads & Commissions
Different trading accounts provide varied trading conditions, especially for spreads and conditions. The spread on the Standard account start from 0.8 pips, with no commission charged. While the spreads offered by the Pro and VIP account from 0.1 pips, with a commission of $ 5 and $3, respectively.
Trading Platform Available
What LEGO offers is the MT4 trading platform, available for Windows, Android and IOS devices.
Deposit & Withdrawal
When it comes to payment methods available, LEGO does not make this part clear. In most cases, most brokers would support Debit/Credit (VISA, MasterCard, Maestro), Wire Transfer, as well as some popular online payment processors including Skrill and Neteller.
Customer Service
The LEGO customer support can be reached thorough telephone ( +1(315)2175696) and the email (support@legomarket.co). Besides, LEGO is also available on some popular social media platform including Facebook, Twitter, Linkedin, and more.
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Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.
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