Lamelle Financial Review: All About This Broker

Que the lights and the drums, because folks we got another investment scam that tried to pass as a real deal. Today’s review will be talking about a Lamelle Financial scam broker that has lied about having a regulation.

Although their name sounds super fancy and you wouldn’t tie it to a scam, you would be very wrong. Their website is currently down but don’t underestimate illicit brokers, they always manage to pop and come back.

From lies, a fake address, shady trading platform, unfavorable conditions and fraudulent monkey business, the review covers it all. Without further ado, let’s get into this Lamelle Financial broker review.

As well, stay away from the trading scams Novatech Fx and StarTrader. You can lose your money with them!

Regulation and Safety of Funds at Lamelle Financial

Lamelle Financial, operated by Lamelle Financial Consultants Ltd allegedly from Colorado, cannot possibly be a licensed broker. As one of the, if not the most demanding regulatory frameworks in the world, it takes a few clicks to find out whether a US broker is valid. 

This only shows that all of these phony brokers will say anything and put anything as their address. We believe that people behind all those scams don’t actually have a brain. But that’s a story for another time.

So let’s get back to Lamelle Financial and their fake story of regulation. Namely, every Forex provider has to be registered with the National Futures Association (NFA) and the Commodity and Futures Trading Commission (CFTC). That’s not the case with our scammer.

Simply put, Lamelle is NOT regulated, it doesn’t possess any license and surely it isn’t based in the USA. Lamelle also managed to earn a warning from none other than FCA. But don’t forget about Novatech Fx. They are also unregulated but lie to be. 

Lamelle Financial Trading Software 

Like all other scammers, Lamelle Financial seems to take pride in its fake and delusional trading platform. That’s right, delusional and none existent.

“Tailor-made” for advanced traders? We know for sure that it’s not MetaTrader 4 or MetaTrader 5, which are outstanding.

We assume it could only be a cheap-looking web-based platform with limited features and a rigged setup. And we say this because we weren’t able to see that glorious trading platform that they claim to have.

Lamelle Financial Account Types

Different types, prices, and benefits but the same scam. Lamelle Financial account types come in five different options which include the following:

• Beginner €100

• Silver €2,500

• VIP €20,000

• Gold €100,000

• Platinum €200,000

Each subsequent type allegedly offers a wider range of trading assets and interchangeable use of floating and fixed spreads. The last two types offer bonuses, which are legal in the US but we already proved this broker isn’t licensed.

And as well, this fraudulent broker couldn’t even provide a Demo account. That is a major red flag in our books. Always opt for a regulated broker that offers a Demo account. 

Deposit and Withdrawal Options

Imagine how shady it looks when a broker doesn’t display its legal documentation. Given that this scam is pretty unsophisticated, we weren’t surprised that Lamelle Financial deals only with credit/debit cards and wire transfers.

There are perplexing fees as well, per the victims from Trustpilot. The phony broker may charge up to 20% of profits, which is absurdly high. Fortunately, in this case, getting a refund is possible but it’s best if you don’t invest at all.   

Offshore Brokers’ Fraudulent Tricks

The common fraud is carried out in the same manner as many others we already talked about. This cyber fraud will first try to get your information if you have left it on some of those sketchy internet ads. After this, their experienced agents will call you nonstop to get you to invest. They will seem interested in your life, your problems and tell you many get-rich-fast fairytales until you crack under the pressure and invest.

It’s not that hard to fall for their sweet talk, and don’t be ashamed if that ever happened to you. On average, it takes 2 to 3 deposits for a user to realize that something unlawful is happening. By that point, however, the broker will cut all communications with the users. 

Be sure that if the broker is sketchy, there will be way too many online complaints with the majority of them stating withdrawal issues and lack of communication as the number one problem. 

Lamelle Financial Summary

In this Lamelle Financial review, we tried our best to present to you this alleged US-based broker. They have no license and follow no regulations, therefore, posing a big threat to your funds and personal data.    

Similar to the StarTrader scam broker, this one also allegedly offers their clients an opportunity to invest in forex, commodities, shares and indices. But in reality, they are just stealing your money and creating the false picture of it being traded on their cheaply made trading software.

Additionally, Lamelle Financial scam broker has an official warning issued to them by FCA. We advise you to think twice before taking any risks while investing and to always do proper research as a necessary step especially if you are new to trading. Many phony brokers appear overnight so you need to be cautious.  

FAQs About Lamelle Financial Broker