Leadtech Live Review – Do Not Get Scammed by This Unlicensed Broker

What is Leadtech Live?

Leadtech.live or Leading Alliance is an online trading platform that utilizes computer software to facilitate transactions in a digital environment. This platform enables individuals to engage in online trading activities, offering opportunities to generate income through the trading of stocks, commodities, currency pairs, and index bonds.

Leadtech Live makes bold assertions about its parent companies, Leading Alliance Holding Limited and ZhongHuang Holding Group Limited PTY LTD, being based in Hong Kong. However, upon investigation, it is evident that these entities are not listed in Hong Kong’s SFC (Securities and Futures Commission) database. This raises doubts about the accuracy of Leadtech Live’s claims regarding its corporate structure and location.

Leadtech Live has been the subject of intense scrutiny and speculation in recent times. Allegations of a potential scam surrounding Leadtech Live have surfaced, leaving many individuals wondering about the veracity of these claims.

The site is beautifully designed, there is even a page on regulation. But a beautifully designed site is no guarantee of reliability.

Is Leadtech Live Legit or Scam?

The Leadtech Live website contains numerous false claims regarding authorization in the United States. The alleged regulatory authorities mentioned by Leadtech Live, namely the Commonwealth Bank of Australia and the Money Services Business in the US, do not possess jurisdiction over securities markets in their respective countries. These agencies are not recognized as primary regulators in the field of securities trading.

As a result, it can be firmly concluded that Leadtech Live, along with its parent companies, operates in an unregulated manner.

It is important to note that the primary financial regulators for securities in the US are the CFTC (Commodity Futures Trading Commission) and NFA (National Futures Association). The US employs a distinctive two-fold regulatory system to ensure the integrity and transparency of the financial markets.

Of course we checked Leading Alliance Holding Limited in the NFA database. As you can see, such a company is not a member of NFA.
The absence of any verified authorization from these reputable regulatory bodies casts doubt on Leadtech Live’s compliance with US financial regulations.

Leadtech Live: Account Types

Based on the information available, it appears that Leadtech Live only provides a single trading account option. However, this crucial detail is not explicitly presented on their website, which raises concerns about transparency and clarity in their offerings.

The available information suggests that Leadtech Live offers a live trading account, requiring a minimum deposit of $1,000. It is worth noting that this account is associated with a leverage ratio of up to 1:400, allowing traders to potentially amplify their positions in the market.

It is important to highlight that Leadtech Live does not mention the availability of demo accounts or Islamic accounts on their website. Demo accounts are commonly used by traders to practice and familiarize themselves with the platform and trading strategies without risking real money. Islamic accounts, also known as swap-free accounts, cater to individuals adhering to Islamic principles, which prohibit earning or paying interest. The absence of these account options may limit the flexibility and suitability of Leadtech Live’s services for certain individuals or trading preferences.

What Warnings Are Issued by the Financial Authorities for Leadtech Live?

Unfortunately, the Leadtech Live broker has no warnings yet. But it may happen soon. We will watch for further developments in the situation.

Leadtech Live is not the only platform accused of scamming users. It’s important to remember infamous scams like TradesPeck, Grotfinance, 7Tesler and others, to better protect oneself in the digital trading space.

Analysis of The Domain leadtech.live

The domain is only 8 months old at the time of information collection. The trust score of leadtech.live is remarkably low, which raises significant concerns about the legitimacy and reliability of the website. A trust score is an assessment of a website’s credibility based on various factors, including user reviews, security measures, transparency, and regulatory compliance. When a website receives an alarmingly low trust score, it serves as a strong indicator that the website may potentially be a scam or engage in fraudulent activities. Among other things, we can highlight such grounds for a low grade:

• The identity of the owner of the website is hidden on WHOIS.
• The Tranco rank (how much traffic) is rather low.
• High risk financial services or content seems to be offered.
• A risk/high return financial services are offered.
• Negative reviews were detected for this website.
• The age of this site is (very) young.

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What Steps Should I Take If I Fall Victim to the Leadtech Live?

We understand your concern and distress. The detrimental effects of scams can significantly impact individuals’ financial stability. It’s crucial to take proactive measures to prevent the fraudster from profiting from your loss and to strive to recover your misappropriated funds. We recommend contacting us as soon as possible for effective assistance.

Our committed teams of legal experts are ready and willing to assist individuals in your situation. You can reach out to us at any hour, and we’ll utilize our resources to listen to your concerns and offer expert advice.

Leadtech Live: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about Leadtech Live. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Leadtech Live!