Lockwood Investments is an offshore broker that offers Forex and CFDs trade.

Is Lockwood Investments a scam or legit broker?

No, it is not safe to trade with Lockwood Investments. Lockwood Investments is owned United Limited, which is an offshore company registered in the Marshall Islands.

The Marshall Islands is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as PTBanc, Pinprotrade and more.

The map on the website in a ‘Contact Us’ section shows the location in Sofia, Bulgaria. Probably, they haven’t changed it while changing the name of the owner-company. As we know, Lockwood Investments has previously been owned and operated by Solutions CM LTD, that also owns such unregulated brokers like OriginalCrypto, Britonprice, and Easy Line Pro. In fact, Solutions CM, as well as the brands owned by this company, have been blacklisted multiple times by different regulators.  In order to avoid bad reputation, brokers just change the names from time to time to delude their new customers. 

In addition, Lockwood Investments has been blacklisted by Spain’s CNMV:

“http://lockwoodinv.com is not authorised to provide the investment services detailed in Article 140 of the Securities Markets Law, which include investment advice, or to provide the auxiliary services detailed in letters a), b), d), f) and g) of Article 141 of the said Law in relation to the financial instruments detailed in Article 2 of the said Law, including, for those purposes, foreign currency transactions.”

As well as, the most recent warning from the French regulator AMF:

“The Autorité des Marchés Financiers and the Autorité de Contrôle Prudentiel et de Résolution warn the public against the activities of several websites (including www.lockwoodinv.com) and entities proposing forex investments or proposing online investment services in France for derivatives whose underlyings include crypto assets.”

We advise all investors and traders to avoid Lockwood Investments 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 FXTM and XM.com.

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