Score
2-5 years Suspicious Regulatory License
MT4/5 full license
The server is only located in China.
High potential risk
Influence
E
Score
License Index0.00
Business Index6.78
Risk Management Index0.00
Software Index6.91
Regulatory Index0.00
Influence
E
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
English
+44 02038806803
More
Company Name
LAVA PRIME
Company Abbreviation
LAVA PRIME
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
This fraud platform was run by brother and sister where you can’t withdraw funds. And they cheat lots of investors in GuiLin.
Don’t trade in LAVA PRIME. It’s a fraud platform. They advertised that we can receive bonus if we open an account and we can withdraw after profiting. But now I can’t withdraw. There are some new rules acting as a block to my withdrawal. There are some reasons to prove it’s a fraud platform: 1. The server is located in China, however, it’s a foreign platform. It is obviously a scam. 2. There is a limit of few decades pips to stop loss or take profit. And there is over seventy pips limit to post orders. They don’t want you to profit by short orders. 3. The leverage is low while the service fee is high. There are a lot of limits to block traders. You’ll find out there are many ways to deduct your deposit when you experience.
A Lin Ying manipulated me to invest and was showing incredible gains values and gave me the contact of a Wendy with the number +852 6158 9471. After winning almost 3000 dollars, she made a quote peak and I automatically closed the position and I was with a debt of negative 3180 dollars. And they are demanding that I pay what I owe in the application. I think everything is being manipulated because on other sites in the same currency there were no peaks in values. Only in China. And I lost all my money I invested. Who knows, maybe one day I'll see them.
I was transferred to the LAVAPRIME platform by the TCC platform on January 18, 2020. The account number remains unchanged, and the funds are moved together. Now I want to withdraw some funds. What does the platform say? Your account is a demo account so it is uanble to withdraw. There are seven hundred and seventy thousand RMB in it, and now the account balance is 310,478.67 US dollars, and now I cannot withdraw a penny, do you have a conscience!
I can’t withdraw because I profit. Now I complained about it, my account was closed by LAVA PRIME because LAVA PRIME want to repudiate the debt. The customer service said the account can be open all the time when I consulted them before. While my account was closed as I was profiting. They shrank with varied reasons, which were inconsistent. How dare they are to close customer’s account.
I opened an account with an overseas forex exchange through a referral from a woman I met through a matching app, put in funds, and started trading. 15,510,572 yen), first, I was contacted to pay a service fee of 300,000 yen before the full withdrawal, so after transferring 300,000 yen, I passed the withdrawal review. I was relieved when I was informed that I had done so, but after that, I was told that withdrawals exceeding 10 million yen would constitute money laundering and that I would have to pay 500,000 yen as a security deposit. As expected, I thought it was strange, and I thought that they were using various excuses to prevent me from withdrawing money. I am unable to withdraw money and I am suffering very much, so I made it public. Amount of damage (account balance funds): 113,301.63 USD (total amount transferred to Japanese account: 700,000 yen)
