adviser-fin.com

Regulatory Status and Licensing

M.lbma-forex.com is presented as an online forex trading platform allegedly offering access to global markets. However, a close inspection reveals that this broker is operating without any recognized financial license. There is no evidence of authorization from reputable financial regulators such as:

• FCA (UK)
• ASIC (Australia)
• CySEC (Cyprus)
• FINMA (Switzerland)
• FSCA (South Africa)

In a deceptive move, M.lbma-forex.com attempts to imitate the prestigious London Bullion Market Association (LBMA) by misappropriating its acronym. This misleading branding is not only unethical but illegal, and such impersonation is a known tactic among clone scam brokers aiming to exploit investor trust.

No verifiable company registration number, physical business address, or corporate identity is provided on the site, further confirming that M.lbma-forex.com operates in violation of financial laws and should be considered completely unregulated and high-risk.

Trading Conditions and Specifications

The platform claims to offer trading in forex, indices, commodities, and crypto, but discloses no detailed information about its trading conditions. Key data such as:

• Minimum deposit requirements
• Spread ranges or commission model
• Leverage and margin policies
• Execution type (ECN/STP/market maker)

...are deliberately omitted, preventing any meaningful assessment of risk or cost. This strategic lack of transparency is typical of scam operations that arbitrarily change terms after client deposits are made.

Additionally, the broker's promotional language (e.g., "guaranteed profits" or "zero risk trading") violates regulatory marketing standards and highlights the predatory nature of its offering.

Platform Technology and Execution

M.lbma-forex.com offers a proprietary web platform with no mention of reputable trading technologies like MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The absence of:

• Third-party platform auditing
• SSL encryption for secure data handling
• Order execution policy
• Server location or liquidity provider disclosures

...indicates that this broker's trading environment is entirely unverified and potentially manipulated. Victims of such platforms frequently report issues like:

• Fake price quotes
• Trade freezing during key events
• False stop-loss triggers
• Artificial profit displays followed by access denial

Deposits, Withdrawals, and Payment Risks

M.lbma-forex.com accepts deposits via credit/debit cards, wire transfers, and cryptocurrencies. However, there are no published withdrawal policies, processing times, or fee structures, which is a glaring red flag.

User complaints from independent review sites frequently report:

• Blocked withdrawals
• Demands for "verification fees" or "release payments"
• Manipulated KYC procedures used to delay or deny withdrawals

The use of cryptocurrency payments further amplifies risk, as these transactions are irreversible and difficult to trace, making M.lbma-forex.com a textbook example of an exit scam model.

Reputation and Public Complaints

M.lbma-forex.com has no legitimate online reputation, press coverage, or presence in trusted trading communities. Instead, the broker appears in:

• Scam alert registries
• Forex forums exposing clone websites
• Social media complaints from defrauded users
• Common accusations include:
• Cold calls and unsolicited "investment consultations"
• Fake account managers promising doubling of funds
• Sudden platform access loss after reaching withdrawal thresholds

Attempts to contact support are often met with silence, generic email responses, or contact blacklisting.

Final Verdict: Is M.lbma-forex.com a Scam?

Yes. All available evidence indicates that M.lbma-forex.com is an unlicensed, deceptive, and potentially criminal broker operation. From misuse of the LBMA name to false marketing claims, lack of transparency, withdrawal blocks, and widespread complaints — this entity fits every profile of a clone scam broker. Key Red Flags:

• No regulatory license
• Clone branding of LBMA
• Anonymous ownership and infrastructure
• No withdrawal policy
• Platform manipulation risks
• Numerous scam complaints

Conclusion: Avoid M.lbma-forex.com at all costs. Any interaction with this broker exposes users to the risk of complete capital loss without legal protection.