Forex Brokers

LPL Financial LLC (Imposter)

1.5 (14 reviews)
🇳🇿 New Zealand
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About LPL Financial LLC (Imposter)

LPL Financial LLC (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Requotes on every order

J
Jessica R.
1 months ago

I opened an account with LPL Financial LLC (Imposter) for a couple of months now ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Good analytical tools|Economic calendar

Cons: Minimum deposit could be lower|Wait times can be long during peak hours

Spam emails after unsubscribing

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Liam G.
4 months ago

The hidden fees at LPL Financial LLC (Imposter) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.

Pros: Professional team|Risk management tools

Cons: Research section could be deeper|Limited cryptocurrency options

Spread betting is rigged

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Connor L.
4 months ago

Do not use LPL Financial LLC (Imposter) for anything serious. I used them since last summer for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Reliable uptime|Excellent charting|Competitive fees

Cons: Alert system is basic

Important information for potential investors

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Laura T.
5 months ago

I looked into LPL Financial LLC (Imposter) and found they appear in the regulatory warnings database. Financial Markets Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

Currency margin requirements unclear

M
Marcus C.
5 months ago

The platform at LPL Financial LLC (Imposter) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since I retired last year of dealing with this, I have had enough.

Pros: Fast support response|Dividend tracking

Cons: Onboarding videos are outdated|Email notifications too frequent

Pushed structured products

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Emily H.
5 months ago

LPL Financial LLC (Imposter) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Smooth onboarding|Responsive team|High security standards

Cons: Email notifications too frequent

Billing department is a black hole

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Lily V.
5 months ago

I am in a dispute with LPL Financial LLC (Imposter) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Multi-currency support|Multi-device support

Cons: No live chat on mobile

One star is generous

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Andrew I.
6 months ago

Where do I even begin with LPL Financial LLC (Imposter)? for a few weeks now of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.

Pros: Detailed reporting|Comprehensive tools|Professional team

Cons: Spreads widen during volatile periods

Red flags everywhere

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Emily C.
6 months ago

I was about to invest with LPL Financial LLC (Imposter) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Platform crashes at the worst times

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Marcus E.
7 months ago

LPL Financial LLC (Imposter) locked my account without warning and demanded documents I had already submitted. for about eight months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: Regular updates|Reliable uptime|API access|Fast execution

Cons: Charting tools need more indicators