Abstract:Lilium, a trading name of LILIUM MARKETS LTD, is allegedly a financial company registered in the United Kingdom.
Note: For some unknown reason, we cannot open Liliums official site (https://lilium-markets.com/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
General Information & Regulation
Lilium, a trading name of LILIUM MARKETS LTD, is allegedly a financial company registered in the United Kingdom.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, minimum deposit, etc.
As for regulation, it has been verified that Lilium has an exceeded Financial Conduct Authority (FCA) license and an unauthorized National Futures Association (NFA) license. That is why its regulatory status on WikiFX is listed as “Illegal” and it receives a relatively low score of 1.43/10. Please be aware of the risk.
Negative Reviews
Some traders shared their terrible trading experience on the Lilium platform at WikiFX. They said they were unable to withdraw. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.
Customer Support
Lilium‘s customer support can be reached by telephone: +44 731697006, email: support@lilium-markets.com. You can also follow this broker on social networks such as Twitter, Facebook and YouTube. However, this broker doesn’t disclose other more direct contact information like the company that most brokers offer.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.