In this review, we will describe why LTC-Markets is a scam that you should avoid at all cost !
Is LTC-Markets Legit?
LTC-Markets is an unregulated broker. Problem with unregulated brokers is that they are not reliable and abuse the regulations. Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice.
To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why LTC-Markets is a dangerous broker to deal with.
Are Funds Safe with LTC-Markets ?
With such lack of information and LTC-Markets being unregulated, funds are not safe. Security of funds is a huge problem with unregulated brokers. A red flag that we noticed is LTC-Markets is withholding vital information to users.
LTC-Markets could go bankrupt from one day to another since there are no banking information about this broker.
LTC-Markets Review: our Conclusion!
LTC-Markets is an unregulated broker to avoid at all cost. If you have been scammed, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here.
LTC-Markets Scam Review
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Website URL : www.ltc-markets.com
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Type of Scam : Unregulated Broker (Crypto Currency)
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Regulation : None
DO NOT TRADE WITH LTC-MARKETS!!!!
After three months in, I have lost a total of 13K. LTC-Markets is one big scam!!!!
They know what they do; really. They first let you deposit 250,-EU and make you withdrawal 50,-EU, so you know everything ‘works’. After that, you’re confident because it all works, you will deposit more and their rigged software will make you believe you are making a profit. In the meanwhile, they keep pushing you to deposit more. Once you ask for a withdrawal, things start to be very difficult.
Suddenly, they tell you that you need to pay tax towards “The Blockchain Department”, in order to clear your winnings. Usually, just as I, people will do this, ending up losing everything, cause even the Blockchain is a scam they’ve made up as well. Although the Blockchain does exist for real, they are pretending being one of them and it’s very hard to distinguish the fake from the real. After that, they are gone and never to be heard of. They don’t respond to anything anymore and you can’t access your trading account anymore. Everything looks legit; documents, e-mail addresses etc. Don’t let it fool you. They will take your money and you will never hear from them again!!!!!
Re Ltc also watch out for these names, Benjamin Mandelson, Brandon Washington, Sean Larkin, Steve soloman , all professional scammers , some say they also work for Blockchain. They are ruthless nasty men who would take money from a dying persons hand.
Unfortunately I have lost all my money and I’m not able to withdrawal. They tell me I need to clear tax first through the blockchain before the withdrawal can be processed. From reading from above I’m definitely not going too.
All I can say is; don’t invest your money with LTC-markets; it’s one BIG SCAM!
I recently invested my money, 8K total, with LTC-Markets. In the beginning everything was fine and I deposited more money into my account as it looked like I was making a lot. But when I wanted to withdrawal, they ‘froze’ the account without any reason and I was told in order to clear my winnings I needed to pay tax first. When I paid the so-called tax, nothing happened.
Ever since that day I don’t hear anything from them anymore. I probably will never see my money again. Please do NOT trade with LTC-Markets.
DO NOT TRADE WITH LTC-MARKETS!!!!!!!
Ltc-markets is a big scam Steve Solomon is my scam managers name took my money and disappeared. now i cant even log in to them again. big time scammers watch out there so many thieves about……
Beware Ltc are at it again pretending to be legitimate traders. They will take all your cash to fund their criminal lives causing distress and misery without any conscious for their actions. If you have given them your hard earned money you’ve lost it. They are pathetic individuals creating hell for people who believe what they say. Dont give them more chances to steal from you.
DO NOT INVEST WITH LTC MARKETS
I agree will all of the above comments I have had this experience first hand with Ltc.
The company is a scam 110% they are a collective group of criminals who have full intention to defraud customers and steal there money by misrepresentation of offering a trading account from the onset.
They make you pay by crypto currency so they don’t get the backlash of charge backs.
Once you want or need to withdraw your money they become difficult and ignorant and will seize all communication.
Report them to the FCA and Police (regardless of not being regulated) they should not be operating as they are breaking the law.
I am in the middle of investing my money to LTC Market, I have invested £9k and now they have taken over my bank account and got me a load of 25k and have taken that, I should be getting 18k back today? but now reading this I am really worried.
They are all professional scammers. Benjamin Mandelson, brendon Washington, Sean Larkin, Steve soloman . If they are even real names. Would take money from a dying persons hand. Utterly ruthless.
You wont see any money back I’m in the same boat as you, all my cash is gone. Every day is so hard to get through as I’m constantly thinking about what I’ve lost.
They are utter Bastards.
Exactly the same – 1st time I’ve ever been scammed in my life and got taken in. Stopped short of the ridiculous claim for Tax payable to the blockchain (From Sean Larkin, “Finance and Tax Director” what a joke, I feel like such an idiot). Dealt with Benjamin Mandelson. Looking back at the phone calls now It was all so blindingly obvious it was utter nonsense. Whether or not I’ll get a result I’ve reported it to my bank, Coinbase, FINMA, the FCA and Action Fraud.
Sent its markets500 hundred pounds