LBLV Review 2019 | Is LBLV a Scam or Legit Forex Broker?

Read our LBLV review to find out if LBLV is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.

Average broker rating

3.4/ 5

Rating breakdown

Protection & Regulations
40% Complete (danger)
2.0/5
Trading platforms
90% Complete (danger)
4.5/5
Tradable Products
100% Complete (danger)
5.0/5
Deposit and withdrawal
100% Complete (danger)
5.0/5
Trading Fees
20% Complete (danger)
1.0/5
Support
60% Complete (danger)
3.0/5
# Broker's Features LBLV Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review LBLV.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. LBLV offers Online Financial Trading and Investment Services Such as Commodities, Indices, Stocks, Shares, Metals, CFDs.

Tradable Products: LBLV offers a wide range of CFDs for trade, including on indices, commodities, precious metals and stocks. You can trade major, minor and exotic currency pairs on the MT5 trading platform. LBLV allows you to buy and sell the most popular and valuable precious metals such as Gold, Silver, Platinum, Copper, and Palladium.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. LBLV is Broker, ECN.

Executing Trades:

LBLV allows you to execute a minimum trade of 0.01. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.

Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. LBLV recommended minimum capital is $250.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. LBLV is regulated by Seychelles FSA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Investor Protection & Regulations: LBLV is a brand name of LBLV Ltd and the company is registered on Seychelles. Seychelles is a famous offshore zone. There are many brokers who are registered there. LBLV claims to be fully regulated under FSA Seychelles, license No. 8419623-2.

Account currencies: Next lets consider the Account currencies each broker offers. LBLV offers USD, EUR, GBP different account currencies for each account types.

Account Openning: There are various account types on LBLV. These are Rookie, Basic, Premier, Elite, and VIP.

LBLV offers a demo account for practicing trading skills and get familiar with the broker’s trading platform.

Languages Available: Next lets have a look at each broker's different Language options. LBLV offers English, Russian, Portuguese, Brazilian.

Payment methods: Next lets have a look at each broker's payment options. LBLV offers Visa, MasterCard, Bank Transfer/SWIFT, Skrill, Net different payment methods for each account types.

Deposit and withdrawal: LBLV offers various funding options for its clients to activate and fund their trading account. You can deposit and withdrawal by using the credit card, bank wire transfer, e-wallets such as Skrill, Qiwi Wallet, Union Pay, Neteller, WebMoney, Yandex money, and moneta.ru

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, LBLV makes MT5, WebTrader available to clients.

Web & Desktop Trading Platforms: LBLV offers its clients MetaTrader 5 trading platform.
Mobile Trading Platforms:

Other

Recup
LBLV is an offshore Forex broker. The broker supports the MT5 platform and provides online trading in a wide range of financial products. LBLV offers also several account types but there is no information about spreads.

Final Thoughts
The main problem with this broker for me is the legal status of this broker. It is better to find a more reliable Forex broker to trade.

People Also Asked

Is LBLV regulated?
Yes, LBLV is regulated by top-tier regulators, Seychelles FSA inclusive.
Where is LBLV based?
LBLV is based in Seychelles
How does LBLV make money?
LBLV charges a spread between the bid price and ask price. In some instances it also charges a commission.
How do I deposit in LBLV account?
With LBLV you can deposit money via the following means; Visa, MasterCard, Bank Transfer/SWIFT, Skrill, Net.
How do I withdrawal in LBLV account?
LBLV lets you request a withdrawal of funds from your account via the following means; Visa, MasterCard, Bank Transfer/SWIFT, Skrill, Net.
What is the minimum deposit for LBLV?
LBLV has $250 minimum deposit.
What are the available account base currencies with LBLV?
LBLV trading accounts are offered in USD, EUR, GBP. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in LBLV?
LBLV has a maximum leverage is 1:400 for professional traders.
How do I open an account with LBLV?
Opening an account with LBLV is a three-step process. First fill out the registration form, second is to send verification details to the verification department and lastly is to fund your account.
Does LBLV use MetaTrader?
LBLV platforms: Yes, LBLV use MetaTrader as well as the following platforms: MT5, WebTrader
What type of broker is LBLV?
LBLV appears to be a Broker, ECN broker which offers market access to a variety of traders.
Does LBLV accept US clients?
Yes
Does LBLV offers Islamic accounts ?
Yes
What financial instruments can I trade?
You can trade a wide variety of instruments with LBLV: You can trade a wide variety of instruments with LBLV: Commodities, Indices, Stocks, Shares, Metals, CFDs

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