Brokers  /  LS MARKETS

LS MARKETS

Severe risk
The Virgin Islands · 5-10 years · since 2020-09-24 · LS MARKETS PTY LTD
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
WikiFX1.54/10
Trustpilot/5
Forex Peace Army/5
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No sign that LS MARKETS 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.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • Registered in The Virgin Islands (offshore, light oversight)
  • 3 user exposure/complaint reports filed
  • Withdrawal complaints in ~167% of recent reviews
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 & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints6612%
Offshore registration808%
Transparency (site/info/social)7810%

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 nameLS MARKETS PTY LTD
Headquarters The Virgin Islands
Founded2020-09-24
Years operating5-10 years
Employees0
Official websiteuc.lshqtz.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
Registered address
'AUSTRALIA SQUARE' L 33 264-278 GEORGE St SYDNEY NSW 2000

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

LS MARKETS presents a severe risk profile due to its lack of regulatory licences, offshore registration, and very limited public information. The absence of any verifiable web presence or user reviews makes it impossible to assess its reliability or service quality. FXCanary strongly advises traders to avoid this broker and only deal with fully regulated entities.

Not for
  • Traders seeking regulated brokers
  • Anyone requiring transparency and verified information
  • Investors with low risk tolerance
Period:
What users complain about
Where reviewers are from
Hong Kong3

Real user reviews

Where LS MARKETS operates

Based on its licenses and complaint records.

🇭🇰 Hong Kong 3 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About LS MARKETS

Company Overview

LS MARKETS is a financial services entity registered in The Virgin Islands, with a registered address in Sydney, Australia (AUSTRALIA SQUARE L 33 264-278 GEORGE St SYDNEY NSW 2000). The company was founded on 24 September 2020.

As of our review, LS MARKETS does not hold any known regulatory licences from any financial authority. The absence of regulation is a significant factor for traders to consider, as it means the broker is not subject to oversight by any recognised regulatory body.

Regulatory Status

Our records indicate that LS MARKETS has no regulators on file. This means that the broker operates without a licence from any major financial regulator such as the FCA, ASIC, CySEC, or the FSC.

For traders, this lack of regulation implies that there is no independent authority overseeing the broker's operations, client fund segregation, or dispute resolution. FXCanary advises extreme caution when dealing with unregulated entities.

Registered Address and Jurisdiction

The company's registered address is in Sydney, Australia, but its legal incorporation is in The Virgin Islands. The Virgin Islands is a jurisdiction known for offshore financial services with minimal regulatory requirements.

The use of a Sydney address may create an impression of an Australian connection, but the broker is not regulated by ASIC. Traders should verify the actual jurisdiction and regulatory status of any broker.

Founded and History

LS MARKETS was founded on 24 September 2020. With a relatively short operating history, the broker has limited track record in the industry.

Newer brokers can pose higher risks, especially when combined with a lack of regulation. Traders may prefer more established and regulated counterparts.

Risk Assessment

FXCanary's scam risk score for LS MARKETS is 85 out of 100, indicating a severe level of risk. This score is driven primarily by the complete absence of regulatory oversight and the offshore jurisdiction.

The lack of independent reviews or web presence further compounds the difficulty in assessing the broker's legitimacy. Traders should consider this risk very seriously before any engagement.

Availability of Information

As of this review, there is very little publicly available information about LS MARKETS. The official website domain is lshqtz.com, but we were unable to access its content for verification.

Without clear information on trading platforms, account types, fees, or instruments, potential clients cannot make an informed decision. This opacity is a red flag in the forex brokerage space.

Overview compiled by FXCanary from regulatory records and public data. full LS MARKETS review