Lloyds Markets: customer reviews of the company’s performance in 2023.
Lloyds Markets Research
Despite the lack of feedback, Lloyds Markets are an interesting phenomenon in the financial sector. We have analyzed the documents and offer you to get acquainted with the main aspects of this company.
What to Know About Lloyds Markets?
With enticing promises of financial prosperity, Lloyds Markets attract potential investors. The company claims to offer wide earning opportunities, but no reviews from satisfied clients have been found. This raises doubts about the reality of their statements.
WHOIS data verification revealed that the domain llds-group.com was registered recently, explaining the absence of reviews. The broker’s claims of many years of experience turned out to be false.
Unfortunately, the company’s contact information is unlikely to help you reach them. The website presents a legitimate email and a fake phone number, with the office located in New Zealand. It is likely that the company uses email for gathering personal data and spam distribution.
Official Information
Despite claims of regulation and awards received, no confirmations of them have been found. There is a company with a similar name in the New Zealand registry, but it has been delisted. This suggests that Lloyds Markets likely use the name of another company to create the appearance of legitimate activity.
According to their claims, Lloyds Investing Group from the UK manages the broker, but there is no evidence to support this. The FCA register does not show such a company, confirming their unreliable statements.
By entrusting your funds to such an unregulated company, you not only risk your capital but also remain without any legal protection. Ultimately, you will have to find ways to recover the lost funds.
Trading Conditions
Lloyds Markets promise personalized service and professionalism. They seem to offer a wide range of trading instruments and plans, but there is no information on opportunities for safe training, which made us question.
Various trading plans with accessible conditions are presented on their platform:
- Entry threshold – from $250,
- Up to 60% cashback,
- Spreads from 1 point,
- Negative balance protection,
- Educational materials,
- Regular analytical reviews,
- Access to various trading strategies,
- Signals and comprehensive market analysis.
There are few reviews confirming successful trading on this platform. This is due to the lack of substantiated evidence of their activity.
Broker Reviews
Currently, there are no reviews about Lloyds Markets, which is due to their recent appearance. However, the company actively promotes its services, so the situation may change in the future. We recommend being cautious and sharing your experiences to help others avoid similar mistakes.
If you have experience working with Lloyds Markets, please share it. This could be valuable information for other investors.
Deceptive Practices
Immediately after registering on the Lloyds Markets platform, newcomers are offered the services of a mentor. To motivate them for large investments, the manager artificially inflates the results of initial deals.
Following that, a sudden technical glitch occurs, leading to a complete loss of investments. Unfortunately, nobody from the company takes responsibility for what happened. Be vigilant to avoid falling victim to scammers like Lloyds Markets.
Conclusions
Lloyds Markets represent a financial trap that you can fall into by trusting them with your money. Be cautious and attentive to avoid losing your funds. Scammers are willing to go to great lengths to deceive you and deprive you of your capital.
My experience with Lloyds Markets in 2023 can only be described as frustrating and unsatisfactory. Firstly, their customer service is extremely poor- representatives were consistently unresponsive and unable to provide clear answers to my queries. I also encountered numerous issues with their trading platform, it was often down and displayed incorrect data. Most concerning, however, was an incident involving a significant delay in executing a sell order, which resulted in a painful financial loss for me. Transferring funds was a tedious process as well as it often took several days for the money to be credited. Overall, my experience with Lloyds Markets was far from the quality expected of a reputed brokerage, leaving me disappointed and unsatisfied.