LotsFX opinion

Opinions and information about the LotsFX broker

 

¿It is the truly reliable LotsFX broker (aka lotsfx.com)? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.

Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.

The LotsFX broker is a broker of: Forex and CFD.

The broker mentions to be part of: Euro Investement House Ltd and LOTSFX Group

LotsFX is based in: South Africa and the UK.

If we talk about regulation, LotsFX is: they mention being regulated by the UK FCA but we were unable to verify the alleged regulation, this makes us think that it is an unregulated broker.

LotsFX website
LotsFX website

 

We will continue to analyze the different account types that LotsFX offers. In the case of LotsFX we note that they offer 5 different types of account; the Bronze Account, the Silver Account, the Gold Account, the Platinum Account and the VIP Account.

Bronze Account- Minimum initial deposit $ 100, 30% bonus, 1: 100 leverage, personal trainer.

Silver Account- Minimum initial deposit $ 500, 30% bonus, 1: 200 leverage, personal trainer.

Gold Account: $ 2.000 minimum initial deposit, 35% bonus, 1: 300 leverage, personal trainer, risk-free account.

Platinum Account: $ 5.000 minimum initial deposit, 45% bonus, 1: 400 leverage, personal trainer, risk-free account, webinars.

VIP account: $ 10.000 minimum initial deposit, 60% bonus, 1: 500 leverage, personal trainer, risk-free account, webinars.

 

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The platforms used to trade are: MT4.

Now, yes, we will go on to analyze the different resources and aids that the company provides to traders on its website: information above the products and services that LotsFX offers, trader calculator, not much more than this.

 

LotsFX Features

 

 

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Additional information about the company

 

Phone number: +44 20 8089 5990

E-mail: [email protected] y [email protected]

Website: lotsfx.com

Clarification: The investment company LotsFX works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.

* Bonuses or promotions: None by the moment
 


 

LotsFX valuation

Caution: unregulated broker

With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with. Why? It is an unregulated broker, it mentions being based in the United Kingdom but does not have UK regulation which makes us believe that it may not really have a base there, the CNMV has issued a warning against LotsFX, when looking for other reviews about LotsFX , we couldn't find any.

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