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

LBLV

Seychelles|5-10 years|
Suspicious Scope of Business|Seychelles Retail Forex License Revoked|High potential risk|

https://lblv.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Bangladesh 2.70

Surpassed 43.43% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+1 8447924568
clientservices@lblv.com
https://lblv.com/
Suite C, Palm Street, Victoria, Mahe, Seychelles
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

Single Core

1G

40G

Open Now

Disclosure

Contact number

English

+1 8447924568

Broker Information

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Company Name

LBLV Ltd

Company Abbreviation

LBLV

Platform registered country and region

Seychelles

Company website
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Pyramid scheme complaint

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Warning: Low score, please stay away! 5
Previous Detection : 2024-05-28
  • 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 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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LBLV · Company Summary

Company Summary

Company profile

General Information & Regulation

LBLV is a registered brokerage, founded in the year 2017 with headquarters in Seychelles. LBLV Ltd is regulated by the Financial Services Authority (FSA) of the republic of Seychelles, with regulatory license number SD016. LBLV does not provide its services to citizens of USA, North Korea, Syria, Iran and some other countries.

Market Instruments

Investors can trade with this LBLV broker popular currency pairs in the forex market, commodities, indices, futures, CFDs, stocks, etc.

LBLV Minimum Deposit

LBLV offers six trading accounts in total. The minimum deposit to open a basic account is incredibly high, up to 5,000 USD, while most brokers only requires an initial deposit of $100 to $200, or even $0. Please keep in mind that most legit brokers would not ask way to high deposit amount, or else it is likely an illegal platform.

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LBLV Leverage

LBLV offers competitive leverage as high as 1:400. Leverage up to 1:100 is available on precious metals. Leveraged trading can be an effective way to capitalise on market opportunities, but it can also lead to large losses, so should be used with caution.

Spreads & Commissions

With regard to spreads, the core part of forex trading, average spreads on major spot forex pairs, such as EUR/GBP and EUR/USD, are 0.3 pips, with a minimum spread of 0.1 pips. The average spread on commodities is 30.4 pips.

LBLV Trading Platform

LBLV provides traders with the world's leading MT5 trading platform (compatible with iOS and Android), as well as a web-based trading platform.

LBLV Trading Tools

Apart from trading platforms, some trading tools also available on the LBLV platform to help traders acquaint themselves with trading environments, including Market Calendar, Market News,Trading Signals, Market Commentary, and more.

Deposit and Withdrawal

Last but not least, LBLV supports traders to deposit and withdraw funds to and from their investment accounts via various payment methods, such as Visa & MasterCard, wire transfer, Skrill, Neteller, UnionPay, Yandex Money, and WebMoney.

LBLV

Customer Support

LBLV technical support is reachable at all time during the business days irrespective of the enquirer or clients location in the world. The client support desk can be reached through phone calls, emails and online web chat on the brokers website.

User Reviews

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User comment

3

Comments

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Yuri2
6-12months
Response time is painfully slow, and communication is unclear. It feels like they don't value their clients.
2024-02-06 17:42
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0
0
^_^^_^依一
more than one year
I must say LBLV is a smart company, why? They try every mean to lure you in, making deposits, but there is no chance that you can get them back. Are they smart?
2023-02-20 09:43
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0
0
薇薇呀
more than one year
Jesus, insanely high minimum deposit, from $5,000 to $10,000, 000! Are they serious? Or they are daydreaming? Why would they think I will make a deposit here given the fact that this broker is not regulated at all!
2023-02-16 18:25
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0
0
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