LBLV Review – Is it a Scam or Legit Broker (2024)

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

In this LBLV Review, we are going to take a look at the offer that this broker prepared for its traders. LBLV operates on the financial market since 2017. When it comes to trading platforms, the broker features MetaTrader 4. The LBLV minimum deposit is 5000 USD.

Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money

Basic information from this LBLV Review

Website address:lblv.com
Operated by: LBLV LTD
Licensed and authorised by regulatory bodies:FSA
Supported languages:English, Spanish and Portuguese
Customer support available via:E-mail, phone, live-chat
Contact details:[email protected] +18886041711
Available deposit methods:Bank transfer, credit and debit cards, Bitcoin, Ripple, Union Pay, Neteller, Stellar, Tether, Advcash
Available withdrawal methods:Bank transfer, credit and debit cards, Bitcoin, Ripple, Union Pay, Neteller, Stellar, Tether, Advcash
Minimum deposit:5000 USD
Min. trade in lots:0.01
Spreads:Minimal spread on the currency pair EUR/USD - 1,3 pips * on standard account type
Tradable assets:
Might be a CFD.
Forex (50), stocks, commodities, indices
Mobile app: Yes
MetaTrader 4:Yes
Other trading platforms:
Maximum leverage:

The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.

For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions.

1:400
Social trading:No

LBLV Fees (minimal spreads)

We have scanned fees (minimal spreads) that LBLV charges when trading popular currency pairs, here is their breakdown in pips.

EUR/GBP EUR/USD USD/CHF EUR/JPY GBP/USD USD/JPY
1,3* 1,3* 1,3* 1,3* 1,3* 1,3*

*Minimal spreads were recorded on 17.09.2020 at 09:53 for the standard account. LBLV spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.

Random reviews of competing FX & CFD brokers: GFCInvestment, AUSForex, FXJet and FxGlory

Frequently Asked Questions

🧐 Is LBLV a Scam?

In accordance with our research, LBLV is a broker licensed and regulated by the FSA. While it is a good thing that the broker is regulated, the FSA regulatory agency is in comparison to 1st tier regulatory bodies like the CySEC one of the weaker regulatory authorities when it comes to investor protection. In order to be sure that LBLV is not a scam, read our trader reviews and check other popular trading related websites and forums.

🆓 What is the LBLV minimum deposit?

In order to start trading with LBLV, you have to deposit at least 5000 USD (Trading accounts can also be held in USD, EUR, GBP, AUD).

📵 What deposit and withdrawal methods LBLV supports?

LBLV allows funding your account via Bank transfer, credit and debit cards, Bitcoin, Ripple, Union Pay, Neteller, Stellar, Tether, Advcash.

⚖️ Would you recommend me choosing LBLV?

We don’t have our own personal experience with LBLV. However, the broker is regulated by the FSA which does not provide as strong protection to traders as 1st tier regulatory bodies (Like the British Financial Conduct Authority). Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with LBLV.

Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.

Broker Regulated by Regulatory agencies ensure that brokers operate in a transparent and honest way. They protect the best interests of clients and also feature an investor compensation scheme which protects trader´s deposits up to a certain limit. Some of the major regulators in the industry include the CySEC in Cyprus, the FCA in the UK and the ASIC in Australia. Min. deposit Trading platforms A trading platform is a computer or mobile software program used to execute transactions within the financial markets. Spreads Spreads of the following companies can be as low as Special features A list of features that provide a given broker with a competitive edge. Ad Disclosure The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.
CySEC FCAFSCA $ 10 MT4 & MT5 0.3 PIPs ¹
  • Competitive spreads
  • International support
Start tradingRead a review
CySECASIC £/€/$ 100 MT4 & MT5 1.0 PIPs¹
  • Competitive spreads
  • Great customer support
Start tradingRead a review
FCACySECASIC £/€/$ 0 MT4, MT5 & TradingView 1.0 PIPs¹
  • Competitive spreads
  • Great customer support
Start tradingRead a review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money

¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.

4 Comments

  • I wish LBLV would stop harassing me with unwanted phone calls. I do not deal with them and will never for their relentless annoying phone calls daily. For a company that claims to be as good in trade as LBLV claims it is. These phone calls leave me very, very, very cautious they are behaving as scammers. I have reported their calls to ACCC and have been advised by ACCC they are not a reliable firm to deal with, and have many complaints, similar to pr editorial harassment and difficult to get ones money from.

  • how to open my account

  • very bad customer support they are not willing to help in any way

  • mənim pulumu batirdilar heç kimə tövsiyyə etmirəm zənglərinə cavab vermeyin

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