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LGTrading

Operating status: Unregulated

Website: https://www.lgtrading.com/en/

High-Risk Active

Broker violations and abnormal records

Jan 27, 2026 BrokersView has found that LGTrading appears to be a scam

LGTrading claims to be regulated by the MWALI International Services Authority (MISA), but it provides two different licence numbers: BFX2024003 and BFX2024145. Searching these two numbers separately revealed that the former belongs to a completely different company whose operating brand is TASS. The company to which the latter licence belongs is indeed called LGTrading Limited, but the licence has been suspended. Therefore, the MISA regulatory information claimed by LGTrading is invalid. It is likely that it does not currently hold any licences and is trying to mislead investors with expired licences.

Therefore, LGTrading is likely to be a scam.

LGTrading claims to be regulated by the MWALI International Services Authority (MISA), but it provides two different licence numbers: BFX2024003 and BFX2024145. Searching these two numbers separately revealed that the former belongs to a completely different company whose operating brand is TASS. The company to which the latter licence belongs is indeed called LGTrading Limited, but the licence has been suspended. Therefore, the MISA regulatory information claimed by LGTrading is invalid. It is likely that it does not currently hold any licences and is trying to mislead investors with expired licences.

Therefore, LGTrading is likely to be a scam.

LGTrading claims to be regulated by the MWALI International Services Authority (MISA), but it provides two different licence numbers: BFX2024003 and BFX2024145. Searching these two numbers separately revealed that the former belongs to a completely different company whose operating brand is TASS. The company to which the latter licence belongs is indeed called LGTrading Limited, but the licence has been suspended. Therefore, the MISA regulatory information claimed by LGTrading is invalid. It is likely that it does not currently hold any licences and is trying to mislead investors with expired licences.

Therefore, LGTrading is likely to be a scam.

Related Complaints

Q&A

Anyone ever traded with LGTrading any issues

Yetta Mazzoni

Belarus

Jan 28, 2026

ANSWER Dear Investor, LGTrading claims to be regulated by the Mwali International Services Authority (MISA) but displays two license numbers on its website: BFX2024003 and BFX2024145. Our verification through MISA reveals serious inconsistencies: License BFX2024003 is registered to an entirely different company that operates under the brand name TASS, with no connection to LGTrading. License BFX2024145 is indeed issued to a company named LGTrading Limited, but MISA’s official register shows that this license is currently suspended, meaning the firm is not authorized to provide financial services at this time. As a result, LGTrading’s claimed regulatory status is invalid. The platform appears to be using either misleading or outdated licensing information, possibly in an attempt to create a false impression of legitimacy. Given these red flags, it is highly likely that LGTrading operates without any valid regulatory authorization. We strongly recommend that you avoid depositing funds with this platform to protect yourself from potential fraud or loss.

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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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