Warning: Is Lotus Wealth Trade a Scam?

Lotus Wealth Trade (lotuswealthtrade.com) - Legit or Fraud?

Our analysts strongly advise you to steer clear of Lotus Wealth Trade (lotuswealthtrade.com).

We found that the company name is Lotus Wealth Trade, it is located at 35/37 Ludgate Hill, London, United Kingdom, EC4M 7JN, and the support email is support@hybridminners.live.

Lotus Wealth Trade claims to be a financial firm, but it is unregulated by any top-tier commission.

Scammed by Lotus Wealth Trade?

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Is Lotus Wealth Trade Safe?

Our investigation reveals that Lotus Wealth Trade lacks a valid license.

Investing with unlicensed firms is extremely risky. Trusted firms are must be licensed with bodies like the SEC, ASIC, or FCA for your protection.

Lotus Wealth Trade lacks this protection. This means there is no protection if they withhold your funds. Most online scams involve unlicensed actors, and getting back funds from them is difficult without professional help.

For instance, in Europe, unauthorized firms are outside the jurisdiction of the compensation schemes. In America, they are not part of SIPC, meaning your money is completely exposed.

How They Steal Money

Online trading fraud is evolving. Fraudsters use manipulation to take wealth. Below are common methods used by sites similar to Lotus Wealth Trade (lotuswealthtrade.com).

Pig Butchering & Romance Scams

The "Romance Scam" is a common tactic where scammers build trust over weeks. They fake a romance on social media. Once trust is built, they mention a secret crypto opportunity. It is a lie to lure you onto a scam site like Lotus Wealth Trade.

Fake Trading Dashboards

Scammers build websites that mimic real trading apps. They have charts and balances that go up. But it is a fake. The broker manipulates the numbers to convince you so you invest more. When you try to withdraw, the "profits" disappear.

Other Warning Signs

• Unsolicited Contact: They call you from "brokers" out of the blue.
• Unregulated: The company has no legal registration.
• Guaranteed Profits: They guarantee huge profits or risk-free trades.
• Withdrawal Issues: They refuse withdrawals. They ask for "tax fees" first.
• Aggressive Sales: "Account managers" push you to deposit more.

Do not trust positive ratings. Fraudulent brokers often post their own positive comments to appear real.

Verdict

We do not recommend Lotus Wealth Trade. It appears to be a fraud. Save your funds and find a regulated broker. Avoid lotuswealthtrade.com at all costs.