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

leobor

United Kingdom|2-5 years|
Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|High potential risk|

https://leobor.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
LeoborForexGlobal-Demo MT5
Server Location United States

Contact

+85251369817
hr@zhenfeitec.com
https://leobor.com/
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

+85251369817

Broker Information

More

Company Name

leobor forex global limited

Company Abbreviation

leobor

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2023-12-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 10 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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Unable to withdraw

Please help now

I sent a complaint against the company, Leobor, from 11/18/2022, and there has been no response yet, and today the company blocked my account. Please help, I suffer from debt Because of dealing with Leobor. Please help me. I'm feeling down

2023-01-10 21:29
Unable to withdraw

During withdraw they show new issues like tax issu

Dear Sir, I am writing to this email as a victim of the situation. Due to COVID 19 I lost my business, besides I borrowed huge loans from friends and banks. I am trying to overcome this situation and pay off my loan as early as possible. One of my friend introduced his friend to start online trading. I listen to her. I started a business and she taught me how to trade and all the business staff. First few days my investment was almost double and she told me to take money and deposit it in my bank and lead a regular lifestyle. She plans for me to invest more investment and pay off my loan. I listen to her and trust her. So she advised me to borrow a 100K loan from Leobor. Please note that all business trades I did with Leobor only. She told me the same day you can repay the loan and keep my profit to pay off the loan. When I tried to repay the loan then they said (Leobor) I have to pay from a different loan other than Leobor account. Otherwise I can’t operate (withdraw any funds) my account. I borrowed money from a lending company which has a very high interest rate for 15 days and I paid a 100K loan to Leobor. They said now I can withdraw money from my account. When I tried to withdraw, they rejected me as I have not paid taxes to the IRS. They sent me a crypto address {USDT / ETH tax address : ERC20; 0x56ec3baA97590fCBc2a73A4B88B4D6400bc7} to pay the tax to the IRS. They threatened that the IRS will arrest me within 7 days if I don't pay the tax. I communicated with the IRS and they said it's a scam and advised me not to pay.

2022-10-02 00:27

    leobor · Company Summary

    General Information & Regulation

    Leobor is the UK registered online forex broker, and its official website does not indicate that it is subject to any effective regulation.

    Market Instruments

    The financial instruments offered by Leobor to investors include Forex currency pairs and CFDs on commodities. The tradable assets available for trading through Leobor are limited compared to most dealers.

    Minimum Deposit

    In terms of minimum deposit, Leobor doesn't make this part clear. Most other brokers would ask traders to deposit $100 to $200 as a start.

    Leverage

    Leobor offers trading leverage ranging from 1:1 to 1:500, which investors can choose and set according to their risk tolerance.

    Spreads & Commissions

    The minimum spread on the Leobor platform is 0.7 pips for AUDUSD, 1.2 pips for AUDJPY, 1.1 pips for EURGBP, 0.7 pips for EURUSD, 1.5 pips for EURJPY, 2.5 pips for Brent Crude Oil, and 0.3 pips for Gold. Overall, the spreads offered by Leobor for currency pairs and commodities are not particularly competitive.

    Deposit & Withdrawal

    The only way to find out how to deposit and withdraw funds is by logging into your account. Currently, Leobor only supports wire transfers.

    Conclusion

    Leobor Disadvantages Include:

    1. No regulation

    2. Limited tradable assets

    3. Spreads not competitive

    4. Unknown deposit & withdrawals methods

    5. Information on the trading platform missing

    User Reviews

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    User comment

    8

    Comments

    Write a review

    Khalil safwat
    more than one year
    I ‎contacted ‎with ‎Mr ‎Mason ‎but ‎he ‎asked ‎for ‎1000$ ‏again ‎ ‎how ‎I ‎can ‎solve ‎my ‎problem ‎to ‎activate ‎my ‎account ‎and ‎withdrawal ‎my ‎account ‎money ‎ ‎
    2022-12-10 18:46
    Reply
    2
    1
    小魏
    more than one year
    They cancelled my profits forcefully, and when I told them i wanted to withdraw my rest of account balance. They just ignored me and I still have $2608 in my account…
    2022-12-07 11:48
    Reply
    1
    0
    Khalil safwat
    more than one year
    please ‎help ‎me ‎to ‎withdrawal ‎my ‎money ‎
    2022-12-06 16:23
    Reply
    0
    0
    Khalil safwat
    more than one year
    how ‎I ‎can ‎withdrawal ‎my ‎money ‎ ‎
    2022-11-29 17:31
    Reply
    0
    0
    abbas7951
    more than one year
    hallp my
    2022-10-04 11:54
    Reply
    2
    0
    selim
    more than one year
    very careful. very dangerous platform. i invested 200k but i can't withdraw a single penny. every time i try to withdraw theu rejected and make a cause like tax dues. if i pay full tax then another issues. so its going on like that. i lost my everything here.
    2022-10-02 00:26
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