LeadinsuredTrade has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Market...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After for a couple of months now with LeadinsuredTrade I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Reliable uptime|Fast support response
Cons: Withdrawal takes 1-2 business days
I was contacted by LeadinsuredTrade through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
My card was charged twice by LeadinsuredTrade on the same day. I had to dispute it with my bank. LeadinsuredTrade then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Competitive fees|Clean UI|Helpful community forum
Cons: Minimum deposit could be lower|Minor UI glitches occasionally
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that LeadinsuredTrade has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
For anyone considering LeadinsuredTrade, please be aware that this company has been flagged by Financial Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Pros: Information is publicly available for verification
Cons: Flagged by international regulators|Due diligence required