No valid regulatory information
Please be aware of the risk!
No restriction on the broker account. Provide service support by WikiFX
LEGO MARKET LLC
It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
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General Information & Regulation
LEGO MARKET LLC is a registered company in China. However, there is no company address, and regulations that legalize a forex broker. LEGO MARKET claims that it is one of the introducing brokers of LEGO MARKET LLC, appointed by this company to offer related trading services.
No detailed trading assets information is mentioned. We have no idea about tradable financial instruments available with LEGO MARKE. It can be said that information related to trading instruments is very minimal.
There are two trading accounts on offer: Standard and Pro. The minimum initial deposit required by the Standard account is only $10.
In terms of trading leverage, the maximum leverage offered by LEGO MARKET is up to 1:500. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
Spreads & Commissions
Spreads and commissions vary depending on different trading accounts. The spreads in the standard account start from 0.8 pip, with no commission charged for forex trading. The spreads in the Pro account start from 0.1 pips, with a commission of $3 per lot.
Trading Platform Available
For trading platform support, Legomarket supports platforms for windows, android, and Ios. The platform used is Metatrader 4, although some brokers have offered to use Metatrader 5, it seems that at present time it is not yet available on Legomarket.
Deposit & Withdrawal
The available payment methods are using a Visa, Maestro, or Mastercard credit card, and there is Coinpayment, which is a cryptocurrency payment method.
There is no online support option at this company, the way that can be done to contact LEGO MARKET customer support service team only via email firstname.lastname@example.org, or via phone contact +1 (343) 3035845.
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.