Be sure to read this brief LBLV review and learn about trading conditions, metatrader 5 platform, spreads and fees, overall forex broker rating and more.
LBLV is a forex and CFD broker was founded in 2017 and is regulated by the FSA Seychelles. The broker has been working for a relatively short time and has already earned a bad reputation. The LBLV site was even blocked on the territory of the CIS, where it was best known.
Based on the minimum deposit and account types, these are typical scammers. In fact, an almost unknown broker set a huge minimum deposit of $ 5,000 and the last type of account can be obtained for $ 1,000,000.
Their goal is to quickly get a large deposit from clients and not give away any more funds. At the same time, the FSA Seychelles regulation does not ensure the safety of traders in the event of fraud.
And as bait for traders, the broker offers lower spreads (there are hidden commissions in the terms of use).
The conclusion from a quick review is clear: LBLV are scammers.
Official site | https://lblv.com |
Year of foundation | 2017 |
Regulated by | FSA Seychelles |
Trading instruments | CFDs on forex (50+), metals (5), indices (40+), stocks (300+), commodities (5+) |
Spreads and commissions | Low floating spreads EUR/USD – from 0.3 pips GBP/USD – from 0.3 pips Gold – from 30 pips |
Most popular | LBLV in Georgia, Azerbaijan, Uzbekistan, Kyrgyzstan, Ukraine, Brazil, Russia, Kazakhstan |
Provision of services in the US, UK, Canada, European Economic Area | The US, the UK The European Economic Area, Canada |
Min. trade size | 0.01 |
Leverage | Up to 1:400 |
Account types | Rookie, Basic, Premier, Elite, Elite Plus, VIP |
Minimum deposit | $ 5000 |
Minimum withdrawal | |
Deposit & withdrawal methods | 8+ |
Payment Fees | No info |
Trading hours | 24/5 |
Trading platforms | MT5 |
Mobile App | |
Demo | |
Copy Trading | |
AT/Robots | |
Bonus | |
Affiliate program |
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