Is LionsFM a scam or legit broker?

No, it is not safe to trade with LionsFM, as it is an offshore company. LionsFM is owned and operated by EQUAL TARGET LTD. company with number 101932, incorporated in the Republic Of The Marshall Islands.

In fact, Marshall Islands is an offshore zone attracting various firms that for the reason or another escape from the serious regulation or compliance to international service providing. However, in the case of financial investment or trading firms, the company should be a very respected entity, as the statistics show that the majority of non-authorized firms never recovered the sums of investors’ investments. Therefore, we always advise avoiding offshore or companies with no license as there are too many frauds around.

About LionsFM
🗺️ Registered inMarshall Islands
🗺️ Type of LicenseOffshore License
🛡️ Is LionsFM safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerGO Markets - licensed by ASIC in Australia

LionsFM claims to have more than 10 years of experience in trading, with low risk assets and expedient advice. They offer access to the global forex trading market, with intuitive platform options, including the award-winning Trading Station.

Moreover, the broker has been blacklisted by the Austrian regulator FMA

“LionsFM is not entitled to carry out banking transactions in Austria that require a licence. The provider is therefore not permitted to trade on a commercial basis.”

The pages and official sources of the international regulators’ list alert shared with the authority directly or by other countries’ supervisory bodies or transmitted centrally. Those tools and general purpose of the regulatory bodies operate in order to enable stability of the market offerings, protect clients from potential and numerous frauds, enable reliability rules to financial service entities and more. As LionsFM got no license to operate within the EU and other regulated jurisdictions, the broker was blacklisted and alerted by the EU authority.


We strongly advise all investors and traders to avoid LionsFM and other brokers from the Marshall Islands. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and eToro.

You can also share your trading experience with LionsFM by commenting on this review.

LionsFM website is no longer active.

No news available.

2 responses to “LionsFM”

  1. I wish you a good day,

    I read your article on the Internet and without hesitation I decided to write to you. I have the same problem you have with LIONSFM.COM.
    I registered with – “Rey Felton” (I think this name is not real and they are still used by others.) on 1.6.2020, I opened an account with a minimum deposit of 221.27 EUR. After three days, I won 10 EUR, which means I had more value in my account, and since this last transaction on my account, I have not opened any more positions and asked them to close my account and refund. They emailed me that my personal account manager would contact me in the near future and help me close my account. To this day, I still haven’t made my money. Another person hiding under this company is Alex Goldman (

  2. Kurz und knapp ! LionsFM . (Equal Target LTD) das sind Verbrecher -Habe Sie deshalb auch schon vor ca 1 Jahr angezeigt wegen Betruges .Verfahren eingestellt wegen Chancenlosigkeit !
    Ich wette ,dass von dieser Firma noch niemand auch nur 1 Euro trotz Gewinnausweisung
    jemals zurück erhalten hat – Die Einlagen sind Weg ! Und der Gewinn -wenn er existiert hat (???) ist es auch ! Die Brüder sind äußerst raffiniert
    (“Diplompsychologen” im Quadrat)
    Jeder EURO sind 2 zuviel – Denn stehlen einem auch noch die Zeit !

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