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The WikiFX Score of this broker is reduced because of too many complaints!

LibBit

Latvia|2-5 years|
Suspicious Scope of Business|High potential risk|

https://libbit.org

Website

Rating Index

Contact

1-653-784-7015
support@libbit.org
https://libbit.org
2546 Rutherford Flat Suite 006 Emmerichview, BC P3H6Y2
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

1-653-784-7015

Broker Information

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Company Name

LibBit

Company Abbreviation

LibBit

Platform registered country and region

Latvia

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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LibBit · Company Summary

General Information & Regulation

LibBit is a Latvia-registered online broker, with its actual office address, founding time and the company behind it unknown. It has been verified that this broker currently has no valid regulatory, please be aware of the risk.

Market Instruments

Tradable financial instruments available on the LibBit platform include forex currency pairs, Metals, stocks, commodities, indices and cryptocurrencies.

Minimum Deposit

There are two trading accounts on offer on the LibBit platform: Base Trade and Opti Trade accounts. The minimum initial deposit for the first account is $100, while for the second is $1000.

Leverage

Trading leverage depends on which trading account you choose. The maximum leverage for the Base trade account is 1:100, for the Opti Trade up to 1:500. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Spreads & Commissions

As per the LibBit website, the spread on the EUR/USD pair is from 0.1 pips, not sure if commissions is charged.

Trading Platform Available

What LibBit offers its traders is not the highly-recognized MT4 or MT4 trading platform. No related information is mentioned.

Deposit & Withdrawal

Payment methods are missing on the LibBit official website.

Customer Service

The LibBit official website is multilingual, and its customer support team can be reached through telephone. Unfortunately, live chat is unavailable.

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骗子滚远点
more than one year
The fleeting years are like water see the contact
2022-10-13 08:28
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