Llds Group Review – Fake Reviews and Licenses Fool Nobody

Futile attempts to appear legit and trustworthy can’t do anything for these financial cons any longer. After CBR and Finacom posted their official warnings against the conduct, the empire of lies is starting to crumble. 

Don’t let yourself become one of the victims that has believed the illusion about quick gains. Read this Llds Group review and educate yourself on how to avoid frauds.

False Claims Debunked

As an alleged New Zealand- based online trading platform, the Llds Group broker would need a FMA license to operate legally. However, one look at the database of this financial authority proves that the business has no license.

Furthermore, the fraudsters have put up a forged certificate which they claim is issued by the Financial Commission – an independent self-regulatory organization operating out of Hong Kong. Just recently, this authority has debunked those claims by posting their own public warning about the company. Several days after that one, came the warning from CBR (Russia).

Unlicensed Forex dealers pose a serious threat on your funds and financial future. Therefore, avoid this firm and other frauds like GCXcrypto, and only choose regulated investment portals to do business with.

Mimicking Forex Advisors

Active since June 2023, the Llds Group scam has managed to deceive and defraud countless investors, primarily from these countries:

• Netherlands
• Germany
• Finland
• Switzerland

Bear in mind that sudden phone calls and emails from alleged financial advisors and investment professionals won’t result in anything good. All that these scam agents have to offer you are ways to go bankrupt. 

Of course, this is masked with promises of quick gain and the most competitive trading conditions. Don’t be fooled – blacklisted platforms can’t offer anything of value.

Lies Show Through

There’s practically no Llds Group reviews online that speak anything positive about this broker dealer. Therefore, the company tried to employ foul tactics that include posting fake reviews to deceive the public eye. 

However, the attempt failed. Trustpilot filters detected the false ratings and prevented any more posts due to the rules being breached. The majority of the reviews already uploaded were negative anyway. Clients complained about the rude attitude of the company representatives and funds casually disappearing, never to be released.

Fees Not Fully Revealed

Besides claims about clients being solely responsible for paying all potential fees and costs, the company doesn’t clarify any of them specifically. 

Llds Group trading commission is allegedly only $1 per deal for the cheapest account, while other packages don’t even feature trading costs. Spreads start at 2.3 pips, which is far inferior compared to competition. 

Furthermore, leverage isn’t even shown – neither on the site or inside the trading area. This is another red flag you simply can’t ignore and also detected with N Exchange.

Seemingly Rich in Features but Still Unreliable

Besides a range of packages clients can choose from, there’s also a web terminal that facilitates social trading and also allegedly features signals. 

The Llds Group Forex fraud apparently makes an effort to leave a false impression of a feature-rich portal. However, after a more thorough investigation, we have opposing evidence to show you.

Unlicensed Trading Operations

All trading processes, including closing and opening positions on this platform are not performed on a licensed live server. That is because the company that runs the portal doesn’t have a brokerage certificate. The illicit and blacklisted entity behind the simplistic web app doesn’t want you to earn. 

With the help of data manipulation, swindlers only want to maintain an illusion of profit being accumulated, while none of it is real.

Useless Choice of Assets

Despite how it may seem at first, the trading instruments groups allegedly supported are all for naught. When the trading environment isn’t safe and is just a simulated ecosystem, buying and selling of products doesn’t happen in reality. Anyway, these are some of the instruments the portal claims to provide access to:

• Forex – EUR/USD, EUR/CHF, USD/AUD
• Equities – Bayer, Barclays, Airbnb
• Crypto – BTC, ETH, LTC
• Commodities – Coffee, Wheat, Cocoa
• Metals – Platinum, Gold, Silver
• Indices – DAX, CAC, NIKKEI

Lots of Promises and None Delivered

If you look at any Llds Group account advertised on the website, you’ll find plenty of attractive features that allegedly come with the purchase of the bundle. 

Regardless of how alluring these options and tools sound, you should ask yourself how realistic they are. Lastly, can the company that’s been publicly labeled as scam be able to even provide any of the services? Please also bear in mind that the costs of the packages are far higher than what their competitors offer:

• Basic – $250
• Standard – $1.000
• Silver – $5.000
• Gold – $25.000
• Platinum – $50.000

Phishing For Credit Card Details

The Llds Group withdrawal and deposit procedure seems simple enough, albeit a bit janky because of the poor quality of the website and additional software. The firm allegedly allows clients to make payments or payouts from the platform via bank card, cryptos or bank wires.

The firm requires a way to identify the client each time a payment is effected. This is done by providing the copies or photos of both sides of the card, as well as customer ID or passport. Needless to say, this gives the swindlers all of the information they need in order to clear out entire bank accounts.

Non-existent Customer Service

Customer support can only be reached with a valid Llds Group login. The only method at clients’ disposal is email, done through the “write to your manager” tab in the dashboard. This makes sure that the victims will always end up relying on the people that brought them into the scheme in the first place.

Got Defrauded? We Can Help!

This fraudulent operation has been placed on numerous regulatory blacklists. While the advertisements seen on the llds-group.com website seem enticing, there is nothing but financial ruin to be found on the platform.

Many people have already fallen victim to this notorious online scheme. If you are one of the unlucky traders, contact our legal experts for help. Together, we can fight the cybercriminals back and recover your hard earned money!

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