The official London Group Inv. website boasts an attractive design. Particularly noteworthy is its inclusion of an image depicting a bridge over the River Thames, leaving no room for doubt regarding the broker’s association with the UK, as if the name itself hadn’t already suggested it. Read this complete London Group Inv review to know why we added this broker in our scam broker page.
However, upon conducting a more in-depth investigation of the website, we noticed that the broker had left out numerous vital details. This is disconcerting as transparency and the provision of information are paramount in the financial sector.
Website – https://londongroupinv.com/
Address – 30 St Mary Axe, London EC3A 8BF, United Kingdom
Warned By – Not recommended by review website like Fraud Recovery Experts
Domain Age –
|May 12, 2023
|5 months, 22 days, 23 hours, 5 minutes, 13 seconds
London Group Inv Review: Regulation and License
London Group Inv. suggests its operations are based in the United Kingdom. Nevertheless, we harbor substantial reservations regarding this assertion. Our investigation involved scrutinizing the country’s registry for a broker under the name London Group Investments. We did locate a company by that name, but it has absolutely no affiliation with the entity under review here. This firm primarily operates in the real estate sector and has no involvement in brokerage or investment services.
London Group Inv Review: Trading Platform
The trading platform falls short of expectations, offering minimal features and failing to distinguish itself in any meaningful manner. One of its most glaring deficiencies is the absence of a demo account, which poses a significant drawback for traders seeking a risk-free environment to evaluate the platform or enhance their skills.
The platform’s overall functionality is rather lackluster, lacking the advanced tools and features that numerous other trading platforms provide. In a saturated market, London Group Inv. struggles to set itself apart and does not offer traders a compelling reason to opt for it over more feature-rich alternatives.
London Group Inv Review: Deposit and Withdrawal Methods
London Group Inv. exclusively permits cryptocurrency deposits, narrowing your choices to Bitcoin, Ethereum, or USDT. This limitation comes with several disadvantages. By restricting deposits to cryptocurrencies, London Group Inv. excludes traders who favor funding their accounts with conventional fiat currencies.
Additionally, cryptocurrencies are notorious for their price volatility. Depositing in cryptocurrencies exposes you to the possibility of value fluctuations even before commencing trading. For instance, a Bitcoin deposit may experience significant gains or losses in value from the time of deposit to the actual trading period.
London Group Inv Review: Trading Accounts
The company’s platform provides access to Forex, as well as CFDs on cryptocurrencies, shares, and indices. To commence trading, you must undergo registration, and verification, and make a minimum deposit of $250. London Group Inv. offers a selection of trading accounts, including Self-Managed, Select, Personal, Honors, and Wealth Management.
Depending on the chosen account type, traders can access training, the support of a personal manager, bonus funds, and risk management information. Wealth Management account holders are entitled to individualized trading conditions, which can be obtained by submitting an application. Technical support is available 24/5, and customers can reach out to London Group Inv. through the website’s contact form or via email.
Conclusion: Is London Group Inv a safe broker?
No, it seems that London Group Inv. is not a secure broker. The lack of appropriate registration, regulatory supervision, and transparency in their business practices gives rise to significant apprehensions concerning the safety and legitimacy of this broker.
If, regrettably, you become a victim of a London Group Inv scam or any fraudulent scheme, there is a proactive means of pursuing a resolution. Simply complete a complaint form on our website, and you will qualify for a free consultation with our experts to explore the potential steps for recovering your funds.
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