ANSWER Leeds Capital is not a licensed or regulated broker even though it states offers that look good to be true. Leeds Capital claims to be owned and operated by Leeds Capital Holdings Limited, a company authorized and regulated by the Australian Securities and Investments Commission (ASIC) with the Financial Services Licence Number (AFSL): 440193. We indeed find a match result to Leeds Capital in ASIC. However, as per the regulatory details shown on ASIC, this firm is not authorized to provide forex services or products. The truth is, Leeds Capital is not under valid regulation to do forex by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Leeds Capital and trade with licensed brokers.
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