Is LVMexchange Scam or Legit Broker?

No, it is not safe to trade with LVMexchange. This is an offshore broker registered in St. Vincent and the Grenadines. This means that the broker does not hold any serious license and it might operate its business, not in the manner beneficial for the clients. 

  • Saint Vincent and the Grenadines (SVG) is a popular offshore jurisdiction for forex brokers due to its low set-up requirements and minimal regulation. However, the lack of regulatory oversight and lax requirements can also lead to potential risks for traders who choose to sign up with brokers registered with the SVG Financial Services Authority. Read more about the authority. 

About LVMexchange
🗺️ Registered inSt. Vincent and the Grenadines
🗺️ Type of LicenseOffshore License
🛡️ Is LVMexchange safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerGO Markets - licensed by ASIC in Australia

What is LVMexchange?

LVMexchange is a broker that offers to trade on forex and CFDs. The company is owned and operated by LVM Ltd. According to the website, LVM Ltd, is incorporated under registered number 24616 IBC 2018 by the Registrar of International Business Companies, registered by the Financial Services Authority of Saint Vincent and the Grenadines. Also, if you look at the terms and conditions of the company, you will find out about the fact that LVMEXCHANGE is the trading name of LVMARKETS. Seems like previously the website had a different name and the broker was incorporated in Vanuatu. Some unregulated brokers change their names in order to erase the negative reputation and continue doing their illegal business. 

  • Despite the fact that the broker's address is in St. Vincent and the Grenadines, it provides a Swiss phone number as a contact number. This should be one more red flag for those who are going to invest with LVMexchange.

LVMexchange Review Conclusion

Investing with a properly regulated broker is crucial for the safety of any investment. We recommend avoiding offshore brokers with suspicious offerings. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and TMGM.


LVMexchange Update

We found the LVMexchange website inactive and unavailable to reach. This means the broker no longer operates. However, it is best to avoid and stay alert if any proposals come. 

No news available.

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