Brokers  /  LMJ Master Trade

LMJ Master Trade

High risk
Malaysia · 2-5 years · since 2022-09-26 · LMJ Master Trade
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.46/10
Trustpilot/5
Forex Peace Army/5
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No sign that LMJ Master Trade actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
54
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameLMJ Master Trade
Headquarters Malaysia
Founded2022-09-26
Years operating2-5 years
Employees0
Official websitelmj-mastertrade.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

LMJ Master Trade is an unregistered broker based in Malaysia with no known regulatory licences, resulting in an elevated FXCanary Scam Risk Score of 54/100. The lack of publicly available information about its operations, trading conditions, and ownership makes it a high‑risk choice. We advise potential clients to avoid this broker until it provides verifiable regulatory status and transparent disclosures.

Best for
  • Traders willing to accept high risk with no regulatory protection
Not for
  • Risk‑averse traders
  • Beginners looking for a regulated environment
  • Anyone valuing transparency and oversight
Period:

Real user reviews

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About LMJ Master Trade

Company Overview

LMJ Master Trade is registered in Malaysia and was established on 26 September 2022. The company operates under the domain lmj-mastertrade.com.

As of our assessment, the broker does not hold any known regulatory licences from recognised financial authorities. The absence of regulatory oversight is a critical factor for traders to consider.

FXCanary’s records indicate a Scam Risk Score of 54 out of 100, which signals an elevated level of risk. This score reflects the lack of regulation and the limited publicly available information about the broker.

Regulatory Status

Our review of the official records shows that LMJ Master Trade is not listed with any major financial regulator. This means the broker is not subject to the oversight of bodies such as the Securities Commission Malaysia (SC), the Financial Conduct Authority (FCA), or the Cyprus Securities and Exchange Commission (CySEC).

Traders should be aware that dealing with an unregulated broker carries inherent risks, including the lack of a formal complaints procedure or investor compensation schemes.

We strongly advise verifying any claims of regulation through the relevant regulator’s official register before committing funds.

Trading Conditions and Offerings

Based on our available data, there is no detailed public information regarding the trading platforms, account types, or financial instruments offered by LMJ Master Trade. Without access to the official website or user feedback, we cannot confirm the broker’s product suite.

Potential clients are encouraged to exercise caution and to request full terms and conditions directly from the broker. The lack of transparency around trading conditions is a common red flag in the industry.

FXCanary will update this profile as more reliable information becomes available.

Target Market and Suitability

Given the absence of regulatory oversight and limited public profile, LMJ Master Trade appears to target traders who may be less familiar with the importance of due diligence in broker selection.

This broker is not suitable for risk‑averse traders or those seeking the protection of a regulated environment. Beginners, in particular, should avoid unregulated brokers entirely.

Professional traders might consider LMJ Master Trade only after conducting extensive independent verification, though FXCanary generally advises against trading with unregulated entities.

Deposits and Withdrawals

No specific information is available regarding deposit methods, withdrawal processing times, or fees for LMJ Master Trade. The lack of transparency in this area increases the risk of encountering difficulties when attempting to access funds.

Traders should always verify a broker’s payment policies before depositing money, as unregulated brokers may impose unexpected restrictions or delays.

We recommend choosing brokers that clearly disclose their banking and withdrawal procedures on their official website.

Company Background and Ownership

LMJ Master Trade is registered in Malaysia and was founded in September 2022. The exact ownership structure and management team are not publicly disclosed in our records.

Knowing who runs a brokerage is important for building trust and accountability. The absence of this information further contributes to the elevated risk score.

FXCanary will continue to monitor any developments regarding the company’s background and will update this section accordingly.

Conclusion on Public Information

At this stage, publicly available information about LMJ Master Trade is extremely limited. The broker’s website was not accessible for our review, and no independent user reviews exist in industry databases.

This information vacuum itself is a significant warning sign. Reputable brokers typically have a clear online presence, regulatory disclosures, and a track record of client feedback.

Traders are strongly encouraged to prioritise brokers with full regulatory status and a verifiable history of operations.

Overview compiled by FXCanary from regulatory records and public data. full LMJ Master Trade review