LST-IC – scammers or not? Not!

Every Forex broker claims it is the best to deal with, and the fraudsters who just pretend to be legit brokers do the same and they are even louder. Which one of them is really the best – it is a question, but at least there are some markers, which help us identifying scammers. Check how this works using our example, anti-fraud check of LST-IC.

There is no fixed order of actions, but we would recommend starting with search of LST-IC scam reviews on the web. Unlike birds in the sky, Forex brokers leave noticeable trails – if company works at least for several months, it has some history and there are people to tell it. Some of these stories are good, some of them aren’t, just pay attention to facts and you’ll most likely see whether it is worth to get to this company closer at all. A hint for beginners – most of the scam lists like 10, 20 scammers are quite useless. As we haven't seen somebody accusing LST-IC of fraud, we can go to the next milestone and check their website.

It may seem too simple, but it still works – good broker is very serious about its website and content on it. If LST-IC was a scammer its website would most likely be half-empty as not informative at all. So if we can’t say any of these things about it, we are most likely moving in right direction. The website should give us the full picture of what company is and what it does. In case with our LST-IC mini scam review we see the answer for the second question, but the information about the company itself is minimal. We can only say it is incorporated in UK and its office is also there. That doesn’t look critical so far, but there are companies telling about themselves much more.

It seems to be the only disturbing thing we can say about LST-IC, the rest looks better. And, which is even more important, the really worrying signs are missing. We are speaking of such things as profits or cash bonus for opening an account, automatic trades or signal to guarantee profits and other things of this kind.

The point is Forex brokers just should not promise you returns of any kind. In other words, we would have all reasons to call LST-IC fraudsters if the company promised to make us money. And it is applied to any market, not just Forex. If LST-IC is a legit broker, it just provides us with a spot and tools to trade, we are responsible for our profits or losses ourselves.

The same applies to generous giveaways for investors. Do not hope that you will be that extremely lucky client who gets a new car or something of this kind for just opening an account or making a deposit of $500. The general rule of thumb is something as following: you should better stay away from any promises too good to be true.

Another worrying sign may be some sponsorship programs for athletes, for example. The fact is athletes know very few things about markets and fraud schemes used on them, but 95pc of them are happy to see any sponsor. Not every company sponsoring athletes is using them as cover for their scam practices, of course. But most of legit brokers (and LST-IC too) just don’t need that as they have a plenty of other channels to promote themselves and their services. In other words, the broker’s logo on athlete’s jersey doesn’t make the company legit.

One more thing to mention is the affordable threshold to start trading. The model “deposit $1000 today and withdraw $1500 tomorrow” is not just never works; it is one of the most reliable fraud alerts. The good news is that Forex broker LST-IC doesn’t asks for anything of this kind and doesn’t promises instant returns – its minimal deposit for Basic account type is EUR250.

Then there is another important thing to check – the payment methods supported and used. We all like fast payments, but in case with Forex we should remember, that fraudsters are very fond of crypto, too. That has very simple explanation – most of the scammers targeting your money prefer crypto as it is almost impossible to track or to roll back the crypto transaction. So if the crypto payments is the only option available, just leave, let somebody else enjoy the speed and anonymity of transactions (at least for a while). LST-IC proposes various payment methods. They include crypto, but it just one of the options and not the only one.

It looks like we have gathered enough facts to conclude our little scam review of LST-IC. The company is quite closed, it does not seem to be eager to provide a lot of information about itself. On the other hand, it is not involved in scandals and information on its website and on the web in general contains no evidence of using any fraud schemes and practices.

Barry Copeland

In 2003, Barry Copeland received a degree in Journalism from the University of Sheffield. He is a sophisticated financial journalist with more than 10 years of experience in the monetary business and the media.Also collaborates with top managers to consider expenses through financial research. His goal is to become a community-level organization consultant, so he plans to continue his training

• reviews

Comments (23)

Sims Shennon

05.12.2022

I give credit to the personal managers and their work. My withdrawal was waiting for more than a week, but there is my fault, because I requested it on Friday evening and got it on the weekend. There is no limit on the amount.

Stouks Herold

06.12.2022

Personal experience has convinced that Lst-Ic is not a crook. Personal account is easy to use, all the tools at my fingertips. I never had to pay any fees or commissions, and I was happy about it.

Foks E­lvin

07.12.2022

The broker has a good technical base and first-class service. The analytics is quite accessible, the support team is in touch.

Fauler Britton

08.12.2022

The trading platform Lst-Ic does not belong to the number of scammers and other dishonest companies. I personally paid everything. Plus, was bribed with lucrative promotions.

Mitchell Kemron

09.12.2022

Good, thoughtful service. It is not perfect, but you can work. I could basically start with the minimum deposit. The main thing is to know what to do and which deals to close. Try it, you will not regret it.

Maksvell Piter

13.12.2022

I was pleased with the round-the-clock access to the Client Cabinet. No restrictions, trade as much as you want. I have never been on this kind of brokerage, I have never been on this kind of brokerage and I have never been on this kind of brokerage. In addition, the company does not pester me with calls.

Myorfi Piter

14.12.2022

I give the broker an "A" for sure. I have a very good feedback for my clients. I have a good working relationship with my broker and I guaranty my clients.

Fillips Malkolm

15.12.2022

To make sure that Lst-Ic is not a fraud just open an account. Then everything will be clear and clear. I've never tried anything else, I've never really understood anything. I have a Standard account and I'm satisfied with it.

Makdeniel Ronald

16.12.2022

I have a Standard account and I am satisfied. I have not been trading for a long time, so I am very cautious, but the broker is good. I like the speed and the interface. In addition, I had a great pleasure to go through training course.

Perish Uilyam

17.12.2022

At first it seemed to me that Lst-Ic is an ordinary scammer offering extremely tempting conditions. So I decided to check if this is really the case. I am glad that I was wrong and finally found my broker. I am glad that I was wrong and that I finally found my broker.

Morris Fillip

18.12.2022

Not a spammer or another empty shell. Lots of tutorials and working terminals. I can use different trading styles and demo trading.

Heath Mervin

04.01.2023

In LST Inc, it is connected to the copy of the trading. I like their program more than other brokers, everything is intuitive here and you can connect directly from the site, having previously regained in your personal account.

Mathews Robert

06.01.2023

Also, the mutual accounting system is convenient when payments go only for profitable transactions at the end of the month, and not immediately after each closed. The plus is that the accounts can even open the centers and the LST Inc company also gives bonuses.

Simmons Peter

09.01.2023

LST Inc has a very wide range of bonuses, at almost every step you can get a pleasant present. Do not think, this is not a lure, but really everything. They have already pleased me several times.

Alexander Joseph

25.01.2023

Each broker cannot be perfect, it has its own nuances in LST Inc, but they are not significant, and they don’t prevent me from working with it for a long time and display normally.

Parker John

03.02.2023

I Read a Lot of Reviews and Realized that I Need to Figure it out. They Gathered with Comrades Who Mainly Trade Through Banks and Realized to Starting the Exchange Path with the New Company in OUR Market is -SO -SO -SO. With the Boy Who Called ME, We Agreed I WOLD TRY, BUT HE Made A Promise from Me in Parallel to Open An Account Even in OUR Local Bank and Trade Through it. BecAuse of this, The Amount of My Investment Halved, BUT THE LST INC Employee Was Not Upset. He state to the Company Is Going to Show Me The Result in Comparison with What Competitors Can Give. Thancs to LST Inc, I Had The Opportunity to Get An Account in a Foreign Issuer and Not to Be Dependent on the Sitation in the Market. At That Time, I Cold Afford to Invest no More than $ 3.000, And, Accordingly, Only 1,500 Cold go terker at my Expense. And we began to trade. Honestly, To Admit, Work Through The Local Bank Was Associated with Various Kinds of Commissions, Which Cannot Be Said ABOUT LSTIT. Yes, and it is More Profitable to Trade. Today I ADhere to the Initial Plan: I Trade in Our Exchange Through Our Bank, Working at the Wing of LST InC. But The Level of Profit Is More Happy with The Last Option. For 10 months with the Broker, The Size of My Account increed to $ 2.500, Despite the fact that i have beena dream a literal monthly. I Think this is a good result.

Sparks Dennis

14.02.2023

Forex Broker LST Inc Likes, The Conditions Are Good, The Employees ARE POLITE, OBSERVE SUBORDINATION ABOUT ABOUT ABOUT ALL The NUANCES. For Six Months, It Has Never Been Such That Some Bonus Was Given to Me Without My Knowledge Or Blocked the Conclesion. The manager calculates me to the last cent and the date when my profit is, is rarely mistaken (everything is smooth and cannot be), usually because of some global events in the market this happens, but if this happens, we block other transactions ( SO and It Must BET THEER SHOULD BE MORE POSITIVE TRANSACTIONS, BUT WITHOUT LOSING, Do Not Trade). The Human Attitude and the Lack of Calls Are Very Pleased Very Much, He Always Writes Messages, IF Someting Urgent, Treats with Understanding. I Recomment LST InC IC, Just Discuss Erything thatists You and Study All the Points that May Affect You, Up to the Smallest Detail as You May Seeem. And do not forget to act as ceretain Mandatory Rules in this business. There is always a Temptation, But it is Necessary to have A Constant Earnings.

Farmer Joshua

25.02.2023

Well, I Complement My Recent Review: YesterDay Broker Still Withdrew Part of the Funds. There was a Small Amount that I Ordered for the Conclesion Today. As I Get Funds, I Will Also Complement My Review. A New Conclusion: IF YOU ARE NOT AFRAID and IS Not to Lazy to Enter Inter into A Correspondence with A Broker, If Desireed, You Can Bargain with this Broker. What is the LST Inc broker: the cost of the lot is 10 times less than other brokers, which means that you can trade in small amounts, for example, from $ 100. Disadvantage: I think this is not significant that the speed of execution Of Orders Leaves Much to be Desired. For LONG -Term and Medium -Term Trade, this is not fundamentilla. I WULD ALSO Like to Note the Mobile Application of the LST Inc Broker, Very Convenent and I Liked You Configure for Yourself, There Are Many Functions for This. IT Works Well and Does Not Hang. And Yet, Quite Large, Albeit Fixed Spreads. But as the Say, Each Product Has Its Own Buyer. And we decide with Whom to work, I made a choice in favor of lst.c. I am quite Satispied with the Attitude and Conditions!

Richardson Christopher

25.02.2023

Always, when I Leave Reviews, I Rely Only On Facts. And Now they are all in fawor of LST Inc Broker. The Broker Showed Himself Perfectly During the Last Year and At the Begining of the Current One. I Recorded a Regular Account Immediatly After The New Year. Trade Led Currencies and Shares, Focusing on the Bank's Analytics. IT Turned Out to be Good for Shares, NeverTheless, Analysts are Truly a Global Scale. So all interctionions with the Broker, Including Payments, Are Held Regularly. There is Nothing to Complain ABOUT. I am completely satispied with the Broker. The Degree of Protiation is High, The Commission is not Minimal, But Quite Normal, They Do Not Cut Much Profit. You Just Need to Trade in a Normal Volume and Regularly, and not to sit for one super -High Transaction. The Tariffs of the Norms Will Seem. IS consistent that the brocer is cool and it was for it it is helpped by What is in the passonal Account of the Analytical Portal. I Very Quickly Pumped My Competence There as a Trader and I No Longer Consider Myself a Beginner. The Analytics is Cool, and Most Importly, It Helps to Understand What is Happening on the Market. So You Study and Trading. Webinars Constantly GO - this is super, althrow The Bulk of Webs IS Designed for Those Who -Ready Cnow Someting About the Market.

Gerald Porter

02.03.2023

Trading tools offered by the LST InC broker include various schedules, technical indicators and automatic trading systems.

Raymond Collins

03.03.2023

The fees and commissions that LST Inc charges are also reasonable. If you are looking for a reliable and trustworthy Forex Broker, then this broker is definitely worth considering.

Charles Jackson

05.03.2023

Thanks to the wide selection of trading platforms and trading tools, LST Inc was the choice of many traders. LST InC broker also offers various bonuses and promotions.

Edgar Cooper

13.03.2023

LST Inc provides round -the -clock customer service. Tools are designed to help traders analyze the market to obtain macymimal earnings.