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Lebway
Regulators:
A man on facebook contacted me and recommended me this broker. He said he have made considerable profits on lebwayz, so I started investing in this platform. At first it looked good but when I made a withdrawal request, they refused to process my withdrawal... and I cannot log my account any more. Can I made a complaint about this broker or anything else I could do,please assist!
Lebway is not a regulated broker and should be avoided at all events. We found that this broker's website is not available right now, as most probably it has been suspended, which is always a bad sign.
Prior to this, we have reviewed that Lebway is a scam that falsely claims to be a regulated broker by the Australian Securities & Investments Commission (ASIC), Dubai DMCC and the Mauritius Financial Services Commission (FSC). You may check our full Lebway review here.
We strongly recommend traders stay alert when dealing with unlicensed brokers as these brokers don't abide by laws and principles of operating. This means that once suffering scams during the transactions with unregulated brokers, investors are at high risks of losing money. Because unregulated brokers will not be punished by financial regulators. In other words, investors' complaints about unregulated brokers will seldom be accepted by regulators. As for your situation, we advise you to report this scam to your local authorities or the police, and try to get help from them.
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