www.lotsfx.com has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.lotsfx.com.
What really bothers me about www.lotsfx.com is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after a friend recommended them and I fell for the polished exterior. Never again.
Pros: Two-factor authentication|Market news feed
Cons: Onboarding videos are outdated
www.lotsfx.com locked my account without warning and demanded documents I had already submitted. for about three 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: Great customer service|No hidden fees|Fast execution|Risk management tools
Cons: Could offer more webinars
I experienced a security concern with my www.lotsfx.com account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Great customer service|Excellent charting|Multi-currency support|Dedicated account manager
Cons: Email notifications too frequent|Limited social trading features