File a Complaint Against
Know Your Options and Recover Your Funds
Do You Want to Know If Leading Alliance Ltd Is Legitimate or a Scam?
Right off the bat, Leading Alliance Ltd’s website announces some problems with this broker, even though they are trying to highlight these red flags as advantages. Its leverage is as high as 1:400, the minimum deposit is $1000 and it claims to charge 0.0 spreads. A legitimate broker should have leverage no higher than 1:30 because leverage can endanger traders. The minimum deposit is ten times the average. This kind of high minimum benefits fake brokers who want to lock down funds later on. If spreads are at zero, how can this broker legitimately make money?
What’s the Deal with Leading Alliance Ltd?
Leading Alliance Ltd claims it is “government regulated.” However, it doesn’t show any license. It claims to be backed by leading financial companies and shows logos of Goldman Sachs, Citibank, and Deutsche Bank but this is pure decoration. Leading Alliance Ltd has been flagged as a scam broker that has no license at all.
Here Are Some Problems with Leading Alliance Ltd
- No license
- Dangerously high leverage
- High minimum deposit
- Misleading statements
- No transparency.
If You Need Fund Recovery from Leading Alliance Ltd, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, and work to track down your funds.