Is Lenotec Fx scam or Legit? – ScamHelpers Investigation shows that it is a scam.
Website – https://www.lenotecfx.com/
Why Lenotec Fx is a scam?
Lenotec Fx has been added to the FCA UK warning list.
The Financial Conduct Authority (FCA) put out a warning about Lenotec Fx after finding out that this broker may be selling or providing financial services or products in the UK in a way that is against the law. Lenotec Fx has been deemed an unregulated broker.
Lenotec Fx asserts that it is a part of the Lenotec Fx Group of Companies, and a member of the Investment Industry Regulatory Organization of Canada (IIROC), the Financial Commission, the Canadian Investor Protection Fund (CIPF), and the Securities and Exchange Commission of the United States (SEC).
It asserts that the regulatory material makes deceptive statements to uninformed investors.
The UK FCA warned Lenotec Fx at the same time and alerted traders about this broker.
Lenotec Fx does not come under any regulatory authority. It is risky to allow this broker to hold or handle investors’ money, and there is no legal safeguard for that money. As a result, it is a fraud.
If you are scammed by Lenotec Fx broker, you can file a complaint in the complaint form on top. You can also share your experience with the broker as a comment.