Letian

Letian is a financial services entity registered in China, established on 25 February 2022. The company operates through the domain letian-twtw.com. At present, no regulatory licences from any credible authority have been confirmed for this broker.

Given the absence of regulatory oversight and limited publicly available information, traders should exercise caution. FXCanary's Scam Risk Score for Letian stands at 54 out of 100, indicating an elevated level of risk.

Our records show that Letian does not hold any valid regulatory licence from major financial authorities such as the FCA, CySEC, ASIC, or similar bodies. The lack of regulation is a significant risk factor for potential clients.

Without a regulatory framework, there are no safeguards for client funds, no mandatory reporting standards, and no dispute resolution mechanisms. This absence should be a primary consideration for any trader evaluating this broker.

Due to the lack of reliable information from the official website or other public sources, we cannot verify the specific products or services offered by Letian. It is unclear whether the company provides forex/CFD trading, cryptocurrency exchange, or other financial services.

Potential clients are advised to conduct thorough due diligence before engaging with this entity. The absence of transparent service information further compounds the risk.

Given the high-risk profile, Letian may not be suitable for most retail traders, particularly those seeking a regulated and transparent trading environment. The unregulated status and elevated scam risk score suggest that only experienced investors with a high risk tolerance should consider this broker, and only after extensive verification.

For traders prioritising security and regulatory protection, we recommend exploring alternatives with established regulatory oversight and a proven track record.