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Lontl

Cayman Islands Cayman Islands | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.lontl-fx.com/#/

Website

Rating Index

Contact

https://www.lontl-fx.com/#/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Cayman Islands
Operating Period
2-5 years
Company Name
Lontl
FX2012950912

FX2012950912

Unverified

United States

Beware, the entire site is a scam. They entice you to transfer money to the site and even let you transfer a small amount out. But once you transfer a large sum in, you are unable to transfer anything out. They freeze your assets and want you to transfer an additional amount that is half of what you want to withdraw as "proof of your identity" They will not transfer anything off the site. They let you realize great gains on trades, but as soon as you transfer large sums in, they prevent any transfers out, even out to accounts that sourced the transfer in.

Exposure

Juan Chang

Juan Chang

Unverified

Hong Kong

Lontl's communication could be better. They don't send out many updates or market insights.

Neutral

Neutral

FX1QQKW

FX1QQKW

Unverified

Pakistan

Never had an issue with getting my money out. Never had an issue with spikes out during the normal day, Customer services are available within chat and have been able to answer 95% of all my issues. Excellent selection of financial instruments, wwith competitive spread's. I would and have recommended them

Positive

Positive

49276

49276

Unverified

Cambodia

Been trying out Lontl lately. Love the variety in trading options and their app is pretty user-friendly. But got a few doubts about the company's backstory and that DeFi pool.

Neutral

Neutral

beyond__devil

beyond__devil

Unverified

Malaysia

Last 15 days too many issues with withdrawal and too many payment systems was verified but suddenly they are not allowing us to withdraw from various system that was already verified and made transaction too many time, Every time live support opens a support ticket and solve the issue for temporary again issue coming back again and again, something fishy happening inside exness beware!

Neutral

Neutral

5
Verified Site
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Official Website

Verified Site

  • lontl-fx.com
    69.176.85.73
    Server Location
    United States United States
    ICP Registration No.
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    Top Visitor Locations
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    Creation Date
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    Website Name
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Lontl

Related Companies

LONTL LIMITED(United Kingdom)
United Kingdom
LONTL LIMITED(United Kingdom)
Deregistered
United Kingdom
Registration No. 13704151
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review summary

Company NameLontl
Registered Country/AreaCaymen Island
Founded Year2021
RegulationUnregulated
Market Instruments Contract Transaction (swap/exchange), Forex, Commodity, Options
Trading PlatformsLontl platform app
Demo AccountAvailable
Customer SupportOffline address

Overview of Lontl

Lontl, established in 2021 and based in the Caymen Island, operates as an unregulated financial services company, offering a various range of trading products and services.

These include contract transactions (such as swaps and exchanges), Forex trading, commodities, and options. Lontl plans to meet the needs of modern traders with its proprietary“Lontl platform app”.

Lontl's homepage

Is Lontl Legit or a Scam?

Lontl is not regulated by any famous authorities.

Pros and Cons

ProsCons
Various Trading OptionsUnregulated
Advanced Security Measures
Innovative Trading Features
Pros and Cons

Market Instruments

Lontl offers a comprehensive range of trading products designed to meet the various needs of modern traders, including:

1. Contract Transactions: This encompasses swap and exchange contracts, allowing traders to engage in derivative transactions that can hedge against market movements or speculate on future prices of underlying assets.

2. Forex: The platform provides access to the foreign exchange market, enabling traders to buy, sell, and speculate on currencies from around the world, attracting those looking to trade major, minor, and exotic currency pairs.

Forex

3. Commodities: Lontl offers commodity trading, which includes a variety of physical goods such as metals, energy, and agricultural products. This allows traders to diversify their portfolios and take positions based on the expected future price movements of these tangible assets.

Commodities

4. Options: The platform includes options trading, giving traders the ability to buy or sell a security at a predetermined price within a specified time frame. This adds flexibility and the potential for strategic investments based on market forecasts.

Options

Trading Platform

Lontl offers its proprietary “Lontl platform app” as its primary trading platform.

This app is designed to meet the needs of modern traders, providing a seamless and user-friendly interface for trading a variety of financial instruments, including contract transactions, Forex, commodities, options, and participating in DeFi pools.

The Lontl platform app is available for multiple devices, including iPhone (with support for TestFlight) and Android, ensuring traders can manage their investments and monitor the markets conveniently from anywhere.

Lontl platform app

Customer Support

Clients can reach out to the company at its registered office located at 171 Elgin Ave, George Town SIX, Cricket Square, Grand Cayman KY1-1001, Cayman Islands.

Conclusion

Lontl has been introduced as a trading platform with an array of financial products, such as contract transactions, Forex, commodities, options, and DeFi pools. The Lontl platform app, made available for both iOS and Android devices, intends to provide a user-friendly and efficient trading experience.

FAQs

What products can I trade on Lontl?

You can trade contract transactions, Forex, commodities, options, and participate in DeFi pools on Lontl.

What platforms are available for trading on Lontl?

Lontl offers the Lontl platform app, available for iOS (including TestFlight) and Android devices.

Does Lontl offer a demo account?

Yes, Lontl provides a demo account for traders to practice trading strategies before going live.

What security measures does Lontl have in place?

Lontl employs bank-level security systems, including hot and cold wallet isolation, to ensure the safety of your transactions.

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

How safe is trading with Lontl?

Lontl is considered a high-risk entity. It operates without any credible financial regulation, which means client funds are not protected by oversight mechanisms. Trading with such an unregulated entity carries inherent and significant risks to investor capital.

04-02
United States

What is the regulatory status of Lontl?

Lontl is not regulated by any recognized financial authority. It is registered in the Cayman Islands, a jurisdiction that does not grant or supervise forex trading licenses. The broker lacks any valid regulatory license, placing it entirely outside established financial oversight frameworks.

04-02
United States

When was Lontl established?

Lontl has been in operation for 2-5 years.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States
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