Item: LONMARKETS
Rating: 1.38

Review 4

4 Comments

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All(4) Latest Positive(1) Exposure(3)

Exposure

I withdraw money from MT5 but the money does not return

This broker is a scam, everyone should be careful when you withdraw your MT5 money cuz the money is not in your bank account

FX1765885867

2023-05-27

Exposure

londonex platform deliberately instructs to go command to negative tk.

Hello admin and all traders. I hope you approve the post so that you can stay away from the Londonex (lonmarket). From December 19 to now, nearly a week has passed, I still have not been angry and bitter about Londonex, especially the so-called senior experts Henry Nguyen and Quynh thy, their own experts. In just 2 weeks, I lost 400 million VND, the amount of money I have accumulated 2 VCs over 10 years working in the industry.... I was consulted by Khanh Ngan for soliciting and soliciting the dividend of the volkswagen car company ( vowg ). I am also a very careful person, I also check the information carefully, after a few months of offers and certain confirmations about profits, I have invested in capital. Initially, at 4000 usd, I thought the stock was safe, but after that, my own expert Quynh Thy said to surf Forex orders to increase the voltage. 1 day surfing profit is also 500usd but still many orders are negative thousands of usd. That's according to the instructions of the expert, after that, because of the negative balance, I was afraid of exceeding the amount of capital, so the expert told me to add more capital, so I was in the position of 8000 USD. I thought it was stable and I was tempted to surf, then it was negative, so I decided to cut my loss. After I did not listen and did not follow my own expert anymore, senior expert Henry Nguyen entered the guide and promised to take back the capital. But then the words are few but the status sound is a few k. I find myself being entered against the market trend. To protect my capital, I put it back in 4000 usd, total deposit 16k usd. And then he continued surfing to increase the capital price, thinking that he had to follow the plunge and was directed by the most senior expert, so he was assured, didn't expect a few thousand profit, but the negative status was 23k more than the capital. Henry Nguyen said I had to top up another 30,000 USD to remove the negative command, but I had no capital, so I had to accept it. I had to risk cutting all my losses and that night, there was news of market fluctuations. I risked buying gold in 5 pieces and making a profit of 8 thousand USD. I thought I was lucky to get rid of a little capital, but after experts Henry Nguyen and Quynh Thy said they would take back their capital and plan to buy VOWG shares to receive dividends on December 19, they only thought they would get their capital back but the floor was negative. trick yourself.

My account was profitable when I took profit, but my profit was reduced a lot when I closed it, it turned into a take-loss. I placed a withdrawal order for 3 days but I didn't see the money but the order is still in a pending state, I told you to advise and support, you said your partner could not intervene, but before that I asked how long it took to deposit and withdraw The time you say is about 30 to 1 hour but in reality it is not. I'm so disappointed

FX2650366371

2022-08-26

Positive

Don't believe what this company's website says! Those are just traps to lure you into depositing money. LONMARKETS said to provide zero commission service, but when I actually traded, I found that the transaction cost was very high, which was completely different from the customer service and what I promised at the beginning.

FX1374041069

2023-03-16

No more

LONMARKETS Review Summary
Founded	2-5 years
Registered Country/Region	Bulgaria
Regulation	Unregulated
Market Instruments	Forex, indices, commodities, stocks, cryptocurrencies
Demo Account	Available
Leverage	1:1000
Spread	1.0 pips (Standard account)
Trading Platform	MT5 for desktop, android, iOS and Webtrader
Min Deposit	1000 USD
Customer Support	Phone: +359879919954
	Email: support@lonmarkets.com
	FAQ pagehttps://www.lonmarkets.com/

Pros	Cons
Offers diverse account types	Lacks valid regulation
High leverage up to 1:1000
Various trading platforms available
No deposit and withdrawal fees
Wide range of payment methods

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Currencies	❌
Crypto currencies	✔
Indices	✔
bonds	❌
Binary Options	❌
Mutual Funds	❌
Futures	❌

Account Type	Spread	Commission
Raw	0.0 pips	$10.00
Standard	1.0 pips	No commission
Fixed	1.5 pips
Vip	0.4 pips
Crypto	raw

Trading Platform	Supported	Available Devices	Suitable for
MetaTrader 5 (MT5)	✔	desktops, Android, and iOS	Investors who prefer charting, technical analysis, and automated trading levels
WebTrader	✔	desktops, Android, and iOS	Investors of all experience levels

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LONMARKETS

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Review 4