Reported Website: https://www.lgtrading.com/en/
LGTrading claims to be regulated by the MWALI International Services Authority (MISA), but it provides two different licence numbers: BFX2024003 and BFX2024145. Searching these two numbers separately revealed that the former belongs to a completely different company whose operating brand is TASS. The company to which the latter licence belongs is indeed called LGTrading Limited, but the licence has been suspended. Therefore, the MISA regulatory information claimed by LGTrading is invalid. It is likely that it does not currently hold any licences and is trying to mislead investors with expired licences. Therefore, LGTrading is likely to be a scam.
