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/10

LXM

United Kingdom|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|Suspicious Overrun|High potential risk|

https://www.lxmgroup.com/

Website

Rating Index

Contact

+44 20 7201 7555
reception@lxmgroup.com
https://www.lxmgroup.com/
https://twitter.com/LXMGroup

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+44 20 7201 7555

Broker Information

More

Company Name

LXM Finance LLP

Company Abbreviation

LXM

Platform registered country and region

United Kingdom

Company website
Twitter

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 4
Previous Detection : 2024-04-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

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LXM · Company Summary

Note: Regrettably, the official website of LXM, namelyhttps://www.lxmgroup.com/, is currently experiencing functionality issues.

LXM Review Summary
Founded Year 2010
Registered Country/Region United Kingdom
Regulation FCA (Suspicious Clone)
Services & Products Investment banking, corporate finance, debt management, research, and brokerage services
Demo Account N/A
Leverage N/A
EUR/ USD Spread N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Phone, email and Twitter

What is LXM?

LXM is an investment firm that was founded in 2010 and is registered in the United Kingdom. They offer a range of services and products including investment banking, corporate finance, debt management, research, and brokerage services. To contact LXM, individuals can reach out via or through email. Alternatively, they can connect with the broker through social media platforms like Twitter.

However, there are suspicions surrounding the authenticity of their claimed FCA regulation. Their website's inaccessibility further raises concerns about the reliability and transparency of their trading platform.

LXM

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
  • A range of services and products
  • FCA (Suspicious Clone)
  • Some reports of scam
  • Inaccessible website
  • Limited trust and transparency

Pros:

- Range of services and products: LXM offers a variety of services and products, including investment banking, corporate finance, debt management, research, and brokerage services. This can provide potential investors with a diverse range of options for their investment needs.

Cons:

- FCA (Suspicious Clone): There are suspicions that LXM's claim of being regulated by the Financial Conduct Authority (FCA) is a suspicious clone. This raises concerns about the legitimacy and authenticity of their regulatory status.

- Reports of scam: There are reports suggesting that LXM is involved in scams or fraudulent activities. This is a significant red flag and indicates a potential risk for individuals considering investing with them.

- Inaccessible website: LXM's official website is inaccessible that is a major concern. A reliable and trustworthy broker would typically have a functional and easily accessible website, allowing clients to access important information and account-related services. The lack of transparency and accessibility raises questions about the legitimacy and reliability of their trading platform.

- Limited trust and transparency: The above factors contribute to a decreased level of trust and transparency associated with LXM. The suspicions surrounding their regulatory status, reports of scams, and inaccessible website all paint a picture of a broker that may not operate with the necessary levels of transparency and trustworthiness.

Is LXM Safe or Scam?

There are doubts about the authenticity and legitimacy of the broker's claimed license type as an Investment Advisory License with license number 539518 from the Financial Conduct Authority (FCA). This suspicion suggests that the broker may be attempting to deceive potential investors by falsely claiming to be regulated by the FCA.

suspicious clone FCA license

Furthermore, the fact that the official website of LXM is inaccessible raises significant concerns about the reliability and transparency of their trading platform. A legitimate and trustworthy broker would typically have a functional and easily accessible website, providing essential information and access to account-related services.

These factors combined contribute to a higher level of risk for individuals considering investing with LXM. Investment scams and fraudulent activities are unfortunately prevalent in the financial industry, and it is crucial to exercise caution and conduct thorough due diligence before entrusting funds to any broker.

Services & Products

LXM offers a range of services and products in the fields of investment banking, corporate finance, debt management, research, and brokerage services. Here is a breakdown of each:

- Investment Banking: LXM provides various investment banking services, which may include advising clients on mergers and acquisitions, corporate restructuring, initial public offerings (IPOs), and capital raising activities. They may also assist in executing these transactions and provide strategic advice to clients.

- Corporate Finance: LXM offers corporate finance services, such as financial analysis, valuation, and capital structure advisory. They may help companies in evaluating investment opportunities, optimizing their capital structure, and managing their financial risks.

- Debt Management: LXM assists clients in managing their debt obligations by providing advisory services related to debt structuring, refinancing, and restructuring. They may help clients navigate through financial challenges and identify appropriate debt management strategies.

- Research: LXM conducts research covering various financial markets and investment opportunities. Their research reports may provide insights and analysis on specific sectors, companies, or market trends. Clients can use this research to make informed investment decisions.

- Brokerage Services: LXM acts as a brokerage firm, facilitating the buying and selling of financial instruments on behalf of its clients. They offer access to both liquid and illiquid markets, allowing clients to trade in a wide range of assets such as equities, bonds, derivatives, and more.

LXM caters to a diverse clientele, including banks, funds, family offices, and corporations. With offices in London, New York, and Athen.

User Exposure on WikiFX

Please ensure that you carefully examine the reports on our website regarding reports of scams. Traders thoroughly assess the information provided and take into account the potential risks associated with trading on an unregulated platform. Before engaging in any trading activities, we encourage you to visit our platform to access the necessary information. In the event that you encounter fraudulent brokers or have fallen victim to their practices, we kindly request that you inform us through the Exposure section. Your cooperation is greatly appreciated, and our team of experts will make every effort to assist you in resolving the issue.

User Exposure on WikiFX

Customer Service

Customers can get in touch with customer service lines using the information provided below:

Telephone: +44 20 7201 7555

Email: reception@lxmgroup.com

Moreover, clients could get in touch with this broker through the social media, such as Twitter.

Conclusion

In conclusion, LXM presents a concerning profile marked by suspicions regarding its regulatory status, reports of potential scams, and the inaccessibility of its official website. These factors significantly undermine the trust and transparency associated with the firm. As a result, individuals are advised to approach LXM with extreme caution and to conduct thorough research and due diligence before considering any form of investment with the company.

Frequently Asked Questions (FAQs)

Q 1: Is LXM regulated by any financial authority?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at LXM?
A 2: You can contact via telephone: +44 20 7201 7555, email: reception@lxmgroup.com and Twitter.
Q 3: What services and products LXM provides?
A 3: It provides investment banking, corporate finance, debt management, research, and brokerage services.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

User Reviews

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Comments

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imoji
more than one year
Recently, dealing with LXM has been a real hassle when it comes to depositing or withdrawing funds. It's like they're stuck in the Stone Age—no credit cards accepted, and forget about Apple Pay or Google Pay. And get this—customer service is about as helpful as a broken compass.
2024-02-23 16:40
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韵姣
more than one year
SCAM ALERT!!! Don’t fall for this scam! Keep well away from them as it is a scam. They ignore all requests for withdrawal, refund and account closure. Really wished I had checked their regulatory condition before giving these disgusting people my money.
2023-03-13 14:36
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