Lebway

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CheckBroker register › Lebway
AC-502223

Lebway

⚠ Flagged on the register · High risk

We checked Lebway against the AskCheck register. It has been reported (2021) and carries the red flags below. Treat it with extreme caution.

Why it’s flagged

⚑ Unregulated / unlicensed
Named in relation to ASIC (Australia)

What we found

Lebway claims to be a Forex, commodity and cryptocurrency broker operated by LEBWAY WEALTH LTD, and according to its website Lebway has applied for the relevant compliance licenses and permits issued by the Australian Securities & Investments Commission (ASIC) and Dubai DMCC. However, none of the mentioned licenses have been received by the broker and DMCC is merely a free zone for trading rather than a financial regulator that approves licenses for brokers to provide financial services. Lebway also claims that they have acquired Ausinvest Mauritus ltd which is regulated by the Mauritius Financial Services Commission (FSC). However, the alleged acquired company is not under valid regulation as there is no such match in the FSC's register. So Lebway is currently not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

Assessment source: FastBull BrokersView.

What to do next

  1. Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
  2. Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
  3. Report it to your regulator and to local police / action-fraud line so it’s on the official record.
  4. Add your report here so the next person searching this name is warned — report Lebway.
  5. Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.

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