lesenmaks.cc is an online Contract for Difference (CFD) trading platform launched in September 2024, branded as "Lenmax." The site offers investors CFD trading services across a range of assets, including forex, precious metals, crude oil, indices, and cryptocurrencies. It should be noted that this platform will not provide services in regions where doing so would violate local laws and regulations.
Overview of Platform Services
Trading Accounts
lesenmaks.cc offers trading accounts with spreads starting from 1 pip. However, the platform does not provide detailed key trading specifics such as leverage, minimum deposit requirements, margin calls, and stop-out levels. It also does not clearly mention any trading commissions or related fees.
Trading Platform
Users can trade via the self-developed Lenmax trading platform, which is available on both desktop and mobile devices. This platform features advanced charting tools with over 50 built-in technical indicators and provides intraday analysis tools.
However, when attempting to access the mobile app download links provided on the official website, neither the App Store nor Google Play links appear to work.
Trading Product Information
Forex
The platform offers trading services on various forex currency pairs, including popular ones like EUR/USD, USD/CAD, GBP/USD, and USD/JPY.
Precious Metals
Users can trade spot precious metals such as gold (XAUUSD) and silver (XAGUSD).
Crude Oil
The platform supports CFDs for US crude oil (UsOIL).
Indices
lesenmaks.cc covers the trading of several major global indices, including the Nikkei 225 (N225), Germany's DAX (GER30), and the S&P 500 (US500).
Cryptocurrencies
The platform also provides trading services on cryptocurrency pairs, involving popular cryptocurrencies like Bitcoin (BTC/USD), Ethereum (ETH/USD), and Ripple (XRP/USD).
Deposit and Withdrawal Methods
lesenmaks.cc does not disclose the supported deposit and withdrawal methods on its website, nor does it indicate whether there are additional fees incurred during funds transfer processes. This lack of transparency may pose inconvenience for users.
Contact Information and Social Media
The platform does not provide official communication channels on mainstream social media such as Facebook, Instagram, and Twitter. Users can only contact the platform through the online form or email provided on the official website.
Company Background and Regulatory Information
Company Background
According to information provided by lesenmaks.cc, Lenmax is headquartered in New York, USA, with the company entity being Lenmax Limited, claiming to be one of the 50 largest financial services companies in the US. It also claims to be regulated by the Financial Crimes Enforcement Network (FinCEN) and subject to rigorous audits and supervision.
Regulatory Information
Upon investigation, Lenmax Limited could not be found in the registration lists of the Financial Crimes Enforcement Network (FinCEN) or the Financial Industry Regulatory Authority (FINRA).
It is important to note that FinCEN's primary role is to formulate and enforce Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations, and it does not directly regulate the trading of financial derivatives like forex, precious metals, or cryptocurrencies.
Summary
lesenmaks.cc is a newly established CFD trading platform as of 2024, but its company entity information lacks clarity, and it is not authorized or regulated by any financial regulatory agency.
Risk Warning: CFD trading is a high-risk investment. Market volatility can lead to the loss of the investor’s principal, and leveraged trading magnifies both risk and potential profits. It is recommended that investors fully understand market volatility and CFD trading mechanisms, assess their risk tolerance, and only operate when sufficiently experienced, to avoid blind investment.
