LottMarket Review 2025
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Updated:
Reason to avoid: No License
Listed Date: November 14, 2018
Top 3 Forex Brokers
Beware LottMarket is an Offshore-Licensed Broker. It is NOT SAFE to trade.
Advertising Disclosure
Updated:
Reason to avoid: No License
Listed Date: November 14, 2018
Beware LottMarket is an Offshore-Licensed Broker. It is NOT SAFE to trade.
No, it is not safe to trade with LottMarket. The broker is suspected of being a scam, as it does not hold any serious license from a top-tier authority. In fact, LottMarket is an offshore broker located in Vanuatu, which is an offshore location. Read why it is not safe to engage in trading with Vanuatu brokers.
🗺️ Registered in | Vanuatu |
🗺️ Type of License | Offshore License |
🛡️ Is LottMarket safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | GO Markets - licensed by ASIC in Australia |
LottMarket is a trading name used by the company that the company claims its establish date since 2014 with an office located in the UK. The broker offers vast trading opportunities promises potentially high investment profits and states that 75% of traders have become successful managers while delivering PAMM service (You may be interested in checking PAMM accounts for US residents). However, during the research, we revealed that the company, in fact, is registered in Vanuatu, which means the broker is regulated by none of the authorities and can promise a lot, while the truth can be different.
“The Cyprus Securities and Exchange Commission (CySEC) would like to inform the investors and the public at large that the domainLottMarkets.com included in the list of not owned or operated by Cyprus Investment Firms (CIFs) which have been authorized by CySEC to provide Investment Services.”
We advise all investors and traders to avoid LottMarket and other brokers from Vanuatu. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and BlackBull Markets.
We have found that the LottMarket website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.
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