Lamelle Financial Review – Avoid The Risks And Choose Safety

Just because Lamelle Financial’s website got taken down doesn’t mean the financial swindler won’t crop up again. That’s why you have the Lamelle Financial Review – to learn the truth about this scam and what to watch out for.

From lies, a fake address, shady trading platform, unfavorable conditions and fraudulent monkey business, the review covers it all. Without further ado, let’s get into it.

As well, stay away from the trading scams Stam Capital Invest, Main Bit, and SagaTrade! Furthermore, before investing, always investigate the history of internet trading firms!

Lamelle Financial is a Licensed Broker?

Absolutely not. Lamelle Financial, operated by Lamelle Financial Consultants Ltd allegedly from Colorado, cannot possibly be a licensed broker. As one of the, if not the most demanding regulatory frameworks in the world, it takes a few clicks to find out whether a US broker is valid. 

Namely, every Forex provider has to be registered with the National Futures Association (NFA) and the Commodity and Futures Trading Commission (CFTC). That’s not the case with our scammer.

Arguments For Trading With a Licensed Broker

We’ve already mentioned how the US is a heavily regulated country in terms of the financial market & trading. An American broker is required to have a staggering minimum operating capital of 20,000,000 $.

Furthermore, it has to offer clients negative balance protection as well as leverage restriction (1:50) to prevent huge losses. You won’t get that with Lamelle Financial.

Is Lamelle Financial a Legitimate Broker Or A Scam?

Lamelle Financial is not really a US-based broker. Moreover, the broker has been blacklisted by the UK’s FCA. Lamelle Financial looks to defraud traders from the UK, Netherlands, Italy, Ireland and Poland.

A Warning Issued by the FCA Against Lamelle Financial

It’s clear that Lamelle Financial is not a US broker. Across the Atlantic, however, Lamelle Financial managed to piss off a very reputable regulator – the Financial Conduct Authority (FCA). 

This implies that the illicit broker sprung its trap in the UK. An FCA warning carries a lot of weight so we recommend you read it.

Analysis of Customer Reviews of Lamelle Financial

Now that we’ve covered the legal and regulatory side of this bogus brokerage company, let’s we what traders have to say about it. 

We jumped over to Trustpilot and found that Lamelle Financial had a total of 35 reviews to its name. However, the website warned us about numerous fake reviews that were deleted. The ones that remained screamed scam. Here’s what one unfortunate victim had to say:

Please do not be tempted to use this company in any way, shape or form. They have scammed my family for a large sum of money, to the point where we are in debt for at least 5 years, if not more… They’re a scam on a large scale and have successfully ruined my family and our financial situations.

– Trustpilot user, September 5, 2022.

The Trading Platform Offered by Lamelle Financial

Lamelle Financial seems to take pride in its fake and delusional trading platform. “Tailor-made” for advanced traders? We know for sure that it’s not Meta Trader 4 or Meta Trader 5, which are outstanding.

We assume it could only be a cheap-looking web-based platform with limited features and a rigged setup. Since there’s no demo account available, we weren’t able to confirm the platform.

What Financial Instruments Does The Platform Include?

The available asset classes include Forex currency pairs and CFDs on indices, commodities and shares. Here, there aren’t any cryptocurrencies. We managed to find a list of the trading instruments Lamelle Financial used to offer. Take a look:

• Forex pairs – EUR/USD, GBP/AUD, CAD/CHF…
• Indices – DAX30, CAC40, NIKKEI225…
• Commodities – coffee, silver, crude oil…
• Shares – Google, Tesla, Apple…

Lamelle Financial Fraud Risk Zones – Service Countries

After doing extensive research, we found out that Lamelle Financial doesn’t even accept US clients despite claiming to operate in the States. As for the countries where the con artist was active, here’s the list:

• The UK;
• The Netherlands;
• Italy;
• Ireland;
• Poland.

Only one regulator (FCA) has flagged this as a scam. It seems that was enough this time given that the scammer’s website was taken down.

Furthermore, we strongly advise you not to invest in the bogus brokers Admiral Trades, Capital Whale, and BCH Advance. If you want to save money, don’t trade with these unlicensed brokers!

Lamelle Financial’s Features, Requirements, and Benefits of Each Account Type

Different types, prices, and benefits but the same scam. Here’s a quick overview of Lamelle Financial’s account types:

• Beginner – 100 EUR;
• Silver – 2,500 EUR;
• VIP – 20,000 EUR;
• Gold – 100,000 EUR;
• Platinum – 200,000 EUR.

Each subsequent type allegedly offers a wider range of trading assets and interchangeable use of floating and fixed spreads. The last two types offer bonuses, which are legal in the US but we already proved this broker isn’t licensed.

Lamelle Financial Access to a Free Demo Account

Nope. If you’re hoping to see the platform and give it a quick free spin, forget about it. Yes, it’s unfair but that’s how scammers roll in general. You’re going to have to invest in a live account and risk a lot of money. Don’t do it.

Leverage, Spreads & Commissions

The maximum leverage is 1:400, but the legal limit in the US is 1:50 for retail clients. The provider is either incompetent or imprudent. As for the spreads, Lamelle Financial advertises extremely tight levels – as low as 0.1 pips, but that’s probably a ruse as well. 

The fraudulent broker claims it has zero commissions, which implies that it wants to take your deposit and disappear. Which legitimate broker doesn’t charge commissions?!

Lamelle Financial’s Deposit & Withdrawal Procedure

Imagine how shady it looks when a broker doesn’t display its legal documentation. Given that this scam is pretty unsophisticated, we weren’t surprised that Lamelle Financial deals only with credit/debit cards and wire transfers. 

There are perplexing fees as well, per the victims from Trustpilot. The phony broker may charge up to 20% of profits, which is absurdly high. Fortunately, in this case, getting a refund is possible but it’s best if you don’t invest at all.   

Lamelle Financial Broker Scammed You? – Please Tell Us Your Story

This is the end of the road for Lamelle Financial. But, as we said, the fraudster could pop up again. And the funds it had already embezzled? You must try to get the money back and that’s where we can help you.

Get in contact with us as soon as possible and we’ll get started with the chargeback procedure. Below, you’ll be briefed about what that is.

What Is the Chargeback Procedure?

• Credit/debit card transactions can be reversed via chargeback.
• This process can be requested at the issuing bank within 540 days.
• Wire transfers can be reversed via recall.
• A recall is only possible if the transaction hasn’t gone through yet.

Here you can book a free consultation and find out what to do for a start.