Lex Capital is an unlicensed and blacklisted Forex and CFD broker.
Lex Capitals claims to be “officially registered in the United Kingdom and on the Tokyo Stock Exchange”, but fails to present any relevant company information. Official website lexcapital.com
Beware! Lex Capital is considered not safe, as it is not regulated by top-tier financial authorities, like the CySEC in Europe, UK FCA and the Australian ASIC. Official website is lexcapitals.com.
- 1 Lex Capital Review
Lex Capital Review
Lex Capital is offering investors a chance to invest in Forex and Crypto currency. Lex Capital listed 5 investment plans with returns; NOVICE, BEGINNERS, HIRE EXPERT, REGIONAL REPRESENTATIVE. The Novice investment promises 3% after 24 hours, Beginners 20% after 4 days, Hire Expert 10% after 65 minutes and the Regional Representative 15% daily.
If you are looking to make some extra income? Or you looking for a secretive investment with phenomenal returns? Then HYIP’s like Lex Capital are not the place for you.
Lex Capital License
Here at the Scam Expert Advisor, we have reviews of more than 200 Forex brokers and investment ptobgrame. The number one item we check when reviewing an investment service to see if they are a scam is a valid license.
The reason smart people online invest with a licensed broker, is because there are many investment scams online. By using a licensed and regulated broker, you know your money is safe, and the company is monitored by the governments regulators.
- Lex Capital is Fake and not a licensed investment service
Blacklisted by CNMV
Like we stated above, if you are not licensed, you are not authorized to sell investment programs in regulated jurisdictions. Lex Capital is anonyymous with no corporate information and license but is seeking clients in jurisdiction that it is not authorised. The broker was blacklisted by the Spanish financial watchdog, the CNMV, as a potential scammer, and that is another major red flag.
Type: High Yield Investment Programes
Minimum deposit: $200
License: Unlicensed (Fraud)
Cons: Unlicensed, Anonymous service, CNMV warning, Zero clarity on trading conditions, Unrealistic returns.
Are your funds Safe with Lex Capital?
Is it possible users are depositing funds to owner’s bank account? These are some of the reasons why depositing funds with unregulated service like Lex Capital is the last thing to do.
Prestigious financial regulators such as the UK’s FCA or Cyprus’ CySEC require compliance with a number of strict rules that give significant assurance for the safety of clients’ funds.
Lex Capital Conclusion
Lex capital is offering investmet in Forex and crypto currency but does not provide a license. Not just that Lex Capital is unregulated, there is a fresh warning by the Spanish CNMV.
What more, we see no reason why you should purchase an investment from people who are lying about there headquarters and provides no corporate information.
In order to protect our readers, we will be adding this platform to our scam blacklist. Make sure to mark all their emails as spam and ignore all incoming calls.
Who Are the Best Forex Brokers?
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IQOption is a regulated broker that has a licence to provide investment products in the European Union, see here. In the case of client funds, all of the money has to be kept in a secure segregated account that is off limits for broker business. Open a free demo to see how it works