lionfunded.com Scam Check: 10/100 Trust | ScamMinder

Exercise caution when interacting with this website.

Lionfunded.com appears to be a high-risk website for several reasons: Unrealistic Profit Claims: The website promises "unforgettable experience with Lionfunded," "the highest leverage & the lowest commission in the industry," and "realistic profit targets." These claims are often associated with scam or high-risk investment platforms. Funding and Payout Structure: The website outlines a multi-step challenge account with specific profit targets and promises of receiving funding and payouts. This structure is common in high-risk trading schemes. High Leverage: Offering a leverage of 1:100 for all instruments, including crypto, forex, energy, and metals, can be extremely risky for traders, especially those with limited experience. Drawdown Type: The fixed drawdown at balance -10% is not a standard practice in reputable trading platforms and can expose traders to significant losses. Cryptocurrency Trading: While trading cryptocurrencies can be legitimate, it's also a high-risk and volatile market. Promising low spreads and high execution in this market can be misleading. No Minimum Trading Days: The lack of a requirement for minimum trading days between phases can be a red flag, as it may indicate a focus on rapid turnover rather than sound trading practices. Commission Structure: The detailed breakdown of commission rates for different instruments, while not inherently suspicious, can be used to create an appearance of transparency in a potentially deceptive scheme. Specific Trading Rules: The website's specific trading rules, including maximum allocation, stop-loss not being required, and holding positions during news events, may not align with standard risk management practices. Location and Contact Information: The website provides an address in the UK, but it's important to verify the legitimacy of this location. Additionally, the contact email should be carefully checked for authenticity. Disclaimers and Legal Information: The disclaimers and legal information provided on the website should be reviewed critically. They often contain language to protect the platform rather than the user. Overall, the combination of high leverage, specific profit targets, and a multi-step funding process with high payouts is a common structure in high-risk or potentially fraudulent trading platforms. It's essential for anyone considering using this platform to conduct thorough research, seek independent financial advice, and be cautious about the risks involved."

• Unrealistic Profit Claims, Funding and Payout Structure, High Leverage, Drawdown Type, Cryptocurrency Trading, No Minimum Trading Days, Commission Structure, Specific Trading Rules, Location and Contact Information, Disclaimers and Legal Information