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Lyon Assets Review | Revolution in the World of Trading or SCAM?

by Kevin Berry
Rating: 
  1/5   Reviews: 8
Lyon Assets - logo

Lyon Assets offers to join the revolution in the world of trading. It is not very clear what is revolutionary if it is just about CFD trading on an anonymous platform. Maybe all this is not so terrible? In any case, you have to be careful because there are so many scammers on the Internet now. Let’s find out the truth in this review.

Highlights

🏛️ Country Bulgaria
⚠️ Regulation
🖥️ Website https://www.lyonassets.com/
🎲 Demo Account No
⏳ Start Time 2022
💲 Minimum Deposit 1,000 USD
⚖️ Minimum and Maximum Leverage From 1:200 to 1:400
⚙️ Trading Platform WebTrader
📨 E-mail support@lyonassets.com
📞 Phone +447727716905 and 9 more numbers

First Impression of Lyonassets.com

To be honest, the Lyon Assets site gives off an unpleasant feeling of déjà vu. This minimalistic design with primitive slogans and stock photos has already become the standard of the industry we are studying. Of course, the online fraud industry. However, closer to the point.

Lyon Assets - official site

Nothing good here. The happy people in the photos illustrate the fabulous profits that can be easily made with Lyon Assets. Is it possible to believe in fairy tales when it comes to money? Especially when should you first invest your funds? The broker makes no guarantees and this is just the beginning of the disappointment.

Partnership and Bonuses

Lyon Assets does not seem to offer bonuses. However, the Terms and Conditions have an unremarkable paragraph. According to it, the broker may at any time without notice credit the trader’s account with bonus funds that cannot be withdrawn. Profits from them are also non-withdrawable. We assume that scammers can deliberately accrue huge bonuses so that the client cannot turn over them and take the money.

As for the referral program, Lyon Assets is clearly promoted in other ways. The site does not say anything about affiliate rewards.

Account Opening on Lyonassets.com

Obviously, Lyon Assets’ promotion methods are very singular. So much so that if you are interested in working with this broker, and decide to register on the site, then you will fail. No chances.

We searched the whole site and didn’t find a registration form. There is only a form to sign in, but where can we get the login and password? Mystery. The site may still be under construction. However, how do you explain the positive online reviews where traders brag about their success with Lyon Assets? So it goes. Unfortunately, we cannot show you the client portal and its functions.

Verification

It is difficult to say something about the verification process since the broker does not allow you to log into the client portal and test this option. However, the Privacy Policy states that Lyon Assets may request different types of information, such as:

  • Personal
  • Financial
  • Banking.

In the first case, they ask for your name, address, or ID number. The second requires you to specify your occupation, income, and trading experience. Finally, banking information includes an account statement.

Pros
  • There are AML and Privacy Policy
  • General requirements for verification are described
Cons
  • Unclear verification process
  • An application form is not available

Trading Software

In turn, the trading platform here is a real terra incognita. So, Lyon Assets offers trading through a web trader and a mobile trader, which are available from any device. However, you must be logged in to access them, which is not possible. There is no detailed description of the terminal characteristics.

Features Lyon Assets GLE Markets Spotinvest
Demo Account
Mobile App ✔️
Own Development

How Can I Trade With Lyon Assets?

The broker offers to trade on the foreign exchange market. Lyon Assets also talks about the benefits of stocks, indices, and cryptocurrencies. So this is just ordinary CFD trading.

All Info About Accounts

The account line includes 5 tariffs. In our opinion, it is made purely for greater impressiveness. Just take a look.

Name Minimum Deposit, USD Leverage More options
Silver 1,000 1:200 Market overview
Gold 10,000 1:200 Account monitoring
Platinum 25,000 1:200 Tax advice
Diamond 50,000 1:300 VIP events
Corporate 100,000 1:400 Tight spreads
Pros
  • Leverage is specified
Cons
  • Incredibly high deposit
  • No information about spreads, swaps, or execution types
  • Ridiculous extra services

Market Analysis and Education With Lyonassets.com

Information about analytical services is presented only in the description of tariffs. According to it, for a few tens of thousands of dollars, you will get an overview of the markets, webinars, work with a personal manager, and in-depth research. Is it worth it? While the top Forex brokers often open access to their analytics to everyone. Especially since Lyon Assets specialists are completely anonymous. Do they exist at all?

Learning on this website is understood as three short theoretical articles about the basic elements of trading. Maybe it’s better to go to Wikipedia?

Deposit, Withdrawal, and Fees

As payment methods, Lyon Assets presents a set of logos of world-famous systems, from Google Pay to Bitcoin. However, we have no idea whether they are actually supported. The regulations also do not contain details of money transfers and commissions. Probably because these policies were copied or compiled with a generator.

Features Lyon Assets GLE Markets Spotinvest
Debit/Credit Cards ✔️
Electronic Payments
Crypto Transfers
Deposit Fee
Withdrawal Fee ✔️ ✔️

How Can I Contact It?

The contact section seems chic at first. Lyon Assets lists the addresses and phone numbers of 10 offices around the world. There are also three emails for communication with different departments.

However, the check showed that all this was fake. The broker is not located at the specified addresses. The phone numbers are unknown on the internet.

Pros
  • Three email addresses
  • Feedback form
Cons
  • Fake contacts
  • No live chat

Is Lyon Assets Dangerous?

A review of the broker’s offers clearly hints that this is another extremely poorly executed scam project. And we are going to confirm our point of view.

How Long Does The Broker Work?

Lyon Assets does not say anywhere about its work duration. Probably, the scammers are already tired of inventing a legend and new dates of foundation. Okay, but we can check the site. According to ICANN, the domain was created in October 2022. So the project has only been around for 2 months at the moment.

Domain info

How Is Lyon Assets Regulated?

The terms and conditions suddenly say that Lyon Assets is governed by the laws of Bulgaria. Even though this country is not even mentioned in the contact details. We checked the Bulgarian registry and of course, we did not find the broker there. So it’s completely unregulated.

Lyon Assets - registry

Features Lyon Assets GLE Markets Spotinvest
European Zone
Asian Zone
American Zone
African Zone
Offshore

Frequently Asked Questions (FAQ)

How to Trade With Lyon Assets?

As always with CFD brokers, you need to register, verify, and fund your account. Fortunately or unfortunately, in the case of Lyon Assets, this operation is interrupted at the first step. There is no registration here.

Is Lyon Assets Legit?

No, it is totally illegal. Lyon Assets has no legal entity. Hence, it is not licensed by any financial regulator in the world.

How Risky Is It?

Summing up, this is a complete scam. Lyon Assets is not legally regulated in any way and is not trying to improve the situation. So you are handing your money right into the hands of thieves.
Kevin Berry
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Expert Opinion

Oh, and again this line of sites! I’ve repeatedly seen near-complete copies of Lyon Assets, but this one looks especially awful. The developers simply removed all registration links. I don’t think that the problem here is in the personal account, since they all also have a template one. Probably, this project is promoted by phone calls and everyone is thrown ready-made logins and passwords. Or maybe it really is a bug. No matter! What is really important is that you should not give money to this huge network of scammers. After this site, others will follow.

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Lyon Assets rating

The level of trust
Quick withdrawal of funds
Efficiency of technical support
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The level of trust
Quick withdrawal of funds
Efficiency of technical support

8 reviews about Lyon Assets

Erik February 18, 2023 - 20:07
They are serial scammers
The level of trust
Quick withdrawal of funds
Efficiency of technical support

Don’t mess with this pyramid scheme. I already got burned on a similar site. There was the same description of services and tariffs as on the Lyon Assets site. I traded for 5 months and suddenly they canceled all my profits so they didn’t have to pay. When I tried to withdraw money from the deposit, the company blocked my account. So you can top up, but you can’t withdraw! They’re stalling for time to steal more.

Reply
Hars May 23, 2023 - 00:41
Well settled down!
The level of trust

Lyon Assets has no regulation, and in fact does not has any right to brokerage, no one controls them! Fraud!

Reply
Gregory June 16, 2023 - 14:39
So many fucking calls
The level of trust

Phew, finally I found out who these Lyon Assets are. Somehow, these spammers got my number. For more than a week, every morning I receive a call from a new unknown number and I am offered a great chance to make a fortune. But I’m not interested in any Forex deals, I don’t understand anything about it, and I’m not going to trade. Now I know it’s just a scam, thanks.

Reply
Noble July 25, 2023 - 08:04
Arnold Noble

I wish to withdraw my investment but find it very difficult, there’s no form to complete on the website

Reply
arnold noble August 22, 2023 - 13:50
lyonassets

i invest about r200000 in lyonassets. ill tried to withdrawal my funds for 6 months,no reply up t[ll aug 2023.no reply,only email responds.bad,bad,bad.dealth with mike haber

Reply
A J September 2, 2023 - 07:44

I agree. They are evil thieves!

Reply
A J September 2, 2023 - 07:40
Lyon assets scam

Their con man Luca (Bulgarian) claims to be their manager. Once he has scammed me for Zar 140 000 in January 2023 in bitcoin I’m told that his finances manager wants a mirror payment of Zar 300 000!. Since then they have disappeared and ignore my requests. According to their platform my profit is close to 1 million euros?
WOW!

Reply
JJ October 16, 2023 - 16:18
LYON ASSETS IS A BUNCH OF SCAMMERS
The level of trust
Quick withdrawal of funds
Efficiency of technical support

I did not even read this article and I don’t care what you have to say, I can only speak of my experience and the comments on hellopeter. These guys are a bunch of scammers, they stole countless amounts of money from various people. Mike Bader must always check his back for one day I will be there. Maybe I will meet him at his home where his so-called wife and twins reside. LYON ASSETS are bunch of thieves.

Reply

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