LGTrading is pinned to our watch chart for a reason. When our cartographers traced the operation, the trail lined up with an official warning record rather than with any verifiable licence.
Reading the coordinates
LGTrading claims to be regulated by the MWALI International Services Authority (MISA), but it provides two different licence numbers: BFX2024003 and BFX2024145. Searching these two numbers separately revealed that the former belongs to a completely different company whose operating brand is TASS. The company to which the latter licence belongs is indeed called LGTrading Limited, but the licence has been suspended. Therefore, the MISA regulatory information claimed by LGTrading is invalid. It is likely that it does not currently hold any licences and is trying to mislead investors with expired licences. Therefore, LGTrading is likely to be a scam.
Red flags on the map
- Appears on an official regulator or fraud-warning list
- No verifiable licence for the jurisdictions it targets
- Withdrawal friction: new fees or conditions appear at cash-out time
- Aggressive outreach through social platforms and messaging apps
If you have funds with LGTrading
Stop sending money immediately – especially any payment framed as a tax, unlock fee, or verification deposit. Preserve everything: transaction hashes, wallet addresses, receipts, chat logs and emails. The paper trail is what a recovery review runs on.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.