LGTrading
We checked LGTrading against the AskCheck register. It has been reported (2026) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
LGTrading claims to be regulated by the MWALI International Services Authority (MISA), but it provides two different licence numbers: BFX2024003 and BFX2024145. Searching these two numbers separately revealed that the former belongs to a completely different company whose operating brand is TASS. The company to which the latter licence belongs is indeed called LGTrading Limited, but the licence has been suspended. Therefore, the MISA regulatory information claimed by LGTrading is invalid. It is likely that it does not currently hold any licences and is trying to mislead investors with expired licences. Therefore, LGTrading is likely to be a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report LGTrading.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.