Basic Information
Registered Region 
United Kingdom
United KingdomOperating Period
5-10 years
Company Name
Euro Investement House Ltd
Customer Service Email Address
support@lotsfx.com
Contact Number
+44 20 8106 2446
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
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/10
LotsFX
United Kingdom
|
5-10 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://www.lotsfx.com
Website
Rating Index
Contact
+44 20 8106 2446
support@lotsfx.com
https://www.lotsfx.com
Tower 42, 25 Old Broad Street, London, UK
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Account
Website
Company Summary
Disclosure
News
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:100
- SupportedEA
- Minimum DepositMinimum deposit 100USD
- Minimum Spread--
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission--
- Products--
Updated：
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Official website
Website
lotsfx.com
209.182.201.75Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
Note: LotsFX's official website: https://www.lotsfx.com is currently inaccessible normally.
| LotsFXReview Summary | |
| Founded | 2018 |
| Registered Country/Region | United Kingdom |
| Regulation | No regulation |
| Market Instruments | Forex, CFDs |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | / |
| Trading Platform | MT4 |
| Min Deposit | $100 |
| Customer Support | Tel: +44 20 8106 2446 |
| Email: support@lotsfx.com, compliance@lotsfx.com | |
LotsFX Information
Founded in 2018, LotsFX is an unregulated broker registered in the UK, offering trading on forex and CFDs with leverage up to 1:500 via the MT4 trading platform. Demo accounts are not available and the minimum deposit requirement to open a live account is $100.
Pros and Cons
| Pros | Cons |
| Multiple account types | No regulation |
| Flexible leverage ratios | Inaccessible website |
| MT4 platform | No demo accounts |
| No info on trading fees |
Is LotsFX Legit?
No. LotsFX has no valid regulations currently. Please be aware of the risk!
What Can I Trade on LotsFX?
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit |
| Bronze | $100 |
| Silver | $500 |
| Gold | $2 000 |
| Platinum | $5 000 |
| VIP | $10 000 |
Leverage
| Account Type | Max Leverage |
| Bronze | 1:100 |
| Silver | 1:200 |
| Gold | 1:300 |
| Platinum | 1:400 |
| VIP | 1:500 |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform
LotsFX offers traders a web-based trading platform developed by itself, as well as an MT4 platform provided by a third party.
| Trading Platform | Supported | Available Devices | Suitable for |
| Web | ✔ | Web | / |
| MT4 | ✔ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The broker accepts payments done via VISA, MasterCard, bank wire, Neteller, PayPal and Skrill.
No minimum withdrawal amount defined and no fees or charges specified.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
News
Exposure WikiFX Scam Alert: Do Not Trust LotsFX!!!
The so-called brokerage LotsFX is nothing more than an outright scam, which was blacklisted by the Financial Conduct Authority in the UK.
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