LQH Markets
Basic Information
Pros and Cons
Pros
- Low minimum deposit of $10
- Leverage up to 1:500
- Diverse range of trading instruments
- Accessible on multiple devices
Cons
- Unregulated with no credible licenses
- Negative user feedback on withdrawal issues
- Inadequate customer support reported
- Concerns about fund safety and transparency
Is LQH Markets Safe and Legit?
LQH Markets, incorporated in the Union of Comoros in 2024, operates without regulatory oversight, claiming a variety of trading instruments including forex, cryptocurrencies, and indices on the MetaTrader 5 platform, with leverage up to 1:500 and spreads as low as 0.0 pips. Despite its low minimum deposit requirement of $10, the lack of credible regulation raises significant concerns regarding fund safety.
Currently, LQH Markets is unregulated, with no valid licenses from recognized authorities such as the FCA or ASIC, posing a considerable risk to traders and suggesting that it operates outside legal boundaries, making it unsafe for users.
User feedback on LQH Markets is predominantly negative, highlighting issues such as delayed withdrawals, inadequate customer support, and a lack of transparency. Many users report difficulties in accessing funds and express dissatisfaction with the broker’s operational integrity, with complaints about account deletions and funds being withheld. Overall, the market perception indicates a high level of caution is warranted when considering this broker.
Is LQH Markets a Regulated Broker?
What Are the Regulatory Licenses Held by LQH Markets?
LQH Markets currently operates without any financial regulatory licenses and does not hold any mainstream or offshore licenses. The broker has not provided evidence of regulation from recognized authorities such as the FCA, ASIC, or CySEC. This lack of regulation poses significant risks for traders, as there is no legal recourse if the broker engages in malpractice or withholds funds. As such, caution is highly advised when considering this broker for trading activities.
| Regulator Abbreviation | Full Name of Regulator | Regulated Company Entity | Regulatory Status | License Number |
|---|---|---|---|---|
| No Regulated Licenses | No Regulated Licenses | LQH Markets | Unregulated | N/A |
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
LQH Markets currently operates without any financial regulatory licenses, and thus does not hold client funds in independently regulated bank accounts or provide evidence of fund segregation. The absence of regulation raises significant concerns regarding fund safety and investor protection.
LQH Markets Leverage
The broker offers leverage of up to 1:500 across various trading instruments. However, as LQH Markets is unregulated, there are no assurances that this leverage complies with local regulatory requirements, posing risks particularly for retail traders who may face substantial losses.
LQH Markets Withdrawal Review
How to Contact LQH Markets?
LQH Markets has received predominantly negative feedback from users, particularly concerning withdrawal issues. Common complaints include delayed withdrawals, with reports indicating processing times often exceeding the promised 24 to 48 hours. Credible sources of complaints arise from various online user reviews highlighting experiences of withheld funds and account deletions. The broker’s responses to these complaints appear inadequate, with little transparency or resolution provided. There are repetitive reports of similar issues, which raises significant concerns about the broker’s operational integrity. Given the lack of regulation, these withdrawal issues further underscore the risks associated with trading with LQH Markets.
Frequently Asked Questions
A1: No, LQH Markets currently operates without any financial regulatory licenses. The broker has not provided evidence of regulation from recognized authorities such as the FCA, ASIC, or CySEC, raising significant concerns about its legitimacy and safety for traders.
A2: LQH Markets does not hold client funds in independently regulated bank accounts and has not provided evidence of fund segregation. The lack of regulation means there are significant risks regarding fund safety and investor protection.
A3: Yes, user feedback indicates significant issues with withdrawals at LQH Markets, including reports of delayed processing times exceeding the promised 24 to 48 hours. Many users have expressed concerns regarding withheld funds and inadequate responses from customer support.
A4: LQH Markets provides customer support 24/7 via contact form and email. However, user feedback suggests that the quality of customer support may be inadequate, raising concerns about timely assistance for traders.
A5: Before trading with LQH Markets, consider the lack of regulation, negative user feedback regarding withdrawal issues, and overall concerns about fund safety and transparency. It’s crucial to evaluate these factors carefully to assess the risks involved.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.