LBLV is an offshore forex broker. According to the brokers’ website, lblv.com, LBLV is owned and operated by LBLV Ltd. The company alleges that based in Seychelles. Their website supports English, Russian, and Brazilian languages only.
|#||Broker's Features||LBLV Availability|
|#||Accepts US traders||✔|
|#||24 hour trading||✔|
|#||Trading by phone||✔|
|#||1st deposit bonus||❌|
|#||Forex contests competitions||✔|
|#||Interest charges on the balance||✔|
|#||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.
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:
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.
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.