The company is based in Switzerland and was founded in 2020. However, you should not take the word of just any broker you come across on the internet, as it may turn out to be a scam. In this LFtrade review, we will examine whether this is truly the case or not. Although at first glance, it is already clear that the platform looks very suspicious: full of words, promises, pseudo-benefits, and other signs of deception, yet without any real proof to back it all up.
The first impression of the LFtrade website feels like walking into a luxury brand presentation. A black background, golden letters, sleek images, and neat fonts. Beginners might think this is a solid broker, but things are not what they seem.
The visuals are built on stock photos and generic images you can find on hundreds of similar “brokerage platforms”. Instead of real pictures of the team or office, there are faceless businessmen in suits holding tablets. Skyscraper images, especially of New York, are plastered everywhere. This kind of design does not build trust; on the contrary, it shows that the company has nothing of its own.
The top menu is standard: Investments, Markets, Platform, Accounts, Company, and Documents. It creates the illusion of structure, but behind these sections lies nothing of substance. Not a single detail about licenses. Yes, there is a founder’s name and a company history, but all of it is given without real proof — no links to social networks or legal registries confirming the 2020 founding date. Instead, there is an ocean of vague phrases about investment freedom, smart strategies, and “intuitive tools”.
The content is nothing more than a collection of motivational slogans: “Freedom to Invest”, “Smart, intuitive tools”, and “Built around you”. This is pseudo-marketing aimed at beginners. There are no numbers on commissions, spreads, or any real statistics. Overall, the site is typical of a high-risk brokerage company.
LFtrade provides only the bare minimum regarding contacts: a phone number, an email, and a feedback form. Serious brokers usually have multiple emails for different departments: technical support, verification, withdrawals, and complaints. Here, there is only technical support. The phone number is also just one.
On top of that, there is no online chat, even though it is the most convenient way to quickly contact staff and resolve issues. Messengers like Telegram and WhatsApp are also missing, as well as social media. Yet these are essential communication channels for any client-oriented online broker.
Now, let us move on to the trading conditions. Right away, a typical lineup of account types, just like with many fraudulent brokers, stands out. LFtrade offers three plans:
As seen from the description, each subsequent plan offers better conditions. However, to activate it, clients must invest more money. This is a classic fraudulent trick — squeezing as much money out of traders as possible. At the same time, some of the conditions look completely unreasonable, such as the absence of leverage and the withdrawal speed.
LFtrade hides its commissions, or rather, claims there are none. This is only possible in the case of a business model with a conflict of interest: 100% B-Book. The company does not earn on commissions and spreads, but on client losses. It needs traders to lose their deposits. Therefore, there is no point in trading here — you are playing against the platform.
Spreads, swaps, and other costs are also not disclosed. This is another drawback. Nor is there any mention of a demo account or a cent package that would allow beginners to practice without risking large sums of money.
So, the company already looks quite dubious. At the very least, it has unprofitable conditions, lacks proper contact details, and its official website looks suspicious. Next, we need to examine more serious aspects: licenses, legal information, operational history, and so on.
Let us start with the regulation. This is supposedly a Swiss company that should be licensed by FINMA. However, LFtrade is absent from the regulator’s register. The reason is simple: such a company does not actually exist in Switzerland. We checked the legal registries — there is no such firm there at all.
It turns out their address is fake. However, that is not all. LFtrade insists they started operating in 2020, yet they are unable to provide any proof. Where are the registration numbers? We checked the domain of the official website lftrade.net — it was registered in July 2025. Only three months have passed since the platform launched. What “five years” are they talking about? It is all lies.
If the broker lies about its headquarters and years in operation, then all other information is fake as well. This includes the supposed number of clients — there are no 10,000 investors here. Claims of covering 100+ countries are also false, as is the alleged cooperation with liquidity providers.
There are very few reviews about LFtrade. And that is another reason not to trust this company. Fewer than ten in total, which you can count on the fingers of one hand. Moreover, they are exclusively positive, which looks highly suspicious. Reading through them, there is no evidence that the broker operates honestly or withdraws client funds. These are simply paid comments meant to attract inexperienced traders.
LFtrade is a textbook example of a pseudo-broker with false promises, fabricated stories, and no licenses. The company lies about its founding date, invents its client base, and hides its real trading conditions. This platform cannot be trusted: instead of earning money, traders risk losing their deposits.
Helen always knew that her passion for journalism was more than just a hobby. It was a potential career. She began her professional journey at a local newspaper in the small town where she was born. Writing on a variety of topics, from local news to financial reviews, her persistence and investigative talent soon caught the attention of editors at larger publications. We are thrilled that Helen accepted our offer and now writes for fincapital-reviews. Her exposés always create a buzz. Sometimes, we think Helen could easily open her own detective agency.
I can confirm that they are scammers. They have stolen an investment from me and money that I made from 2 months of trading with them was deposited in my account as false crypto currenty. They are liars and thieves. Even then they tried to get me to put even more money with them. Investor beware.
They are a scam. I traded with them for two months and ended up with a ‘profit’ of fake Crypto tokens. Investor beware.
I agree with this review 100%. I signed up with the minimum £250, believed all the hype about not being scammers like all the other sites. I believed I was on a course, the reason I signed up in the first place, but all money I deposited just disappeared. The app they use for members to trade on is fake. The total funds displayed at top left do not actually exist because your money has already been removed, you just can’t see that. This is how they can justify loses, I tried it as they claimed my money was insured against loss. My page showed a small loss for a few days then suddenly the money was there again without the need for a claim. They are very convincing with the so called course. They will take you through things and demonstrate how to buy and sell, how to negotiate various hurdles and so on. I eventually locked down my bank accounts but they suddenly pretend to be an anti money laundering agency and insist you put money into Coinbase to create a connection between the two. Once you have done this your money will be gone in minutes. Once they have you they will call and call and call with all manner of lies. They are currently claiming my account is in excess of £32,000 and must be withdrawn.
Do not fall into the fraudulent trap called LFtrade. These are scammers posing as a supposedly reputable Swiss broker. Once you deposit money here, you will lose it. That is a 100% guarantee. The scammers created their fake platform for one purpose only – to steal your money! This is the whole truth about them.
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