The brokerage firm operating the site claims to be registered in the Union of Comoros with accreditation issued by the Mwali Agency. However, it does not provide documents or links to confirm this information. In addition, the website does not disclose the project’s start date and the names of its founders and executives.
Can you make money on this platform? In our review of the project, we will analyze the activities of the broker LBLV and share with you the conclusions about its pros and cons.
How to Trade
The WebTrader platform provides clients with access to forex trading, as well as CFD contracts on stocks and other assets. You can choose an account type from 6 options. Each tariff has:
- Minimum deposit in the range of $5,000 – $1,000,000.
- Over 1,400 types of assets in 6 different markets.
- Minimum lot 0.01, Execution 0.02s, Islamic account.
At higher levels, Traders will receive a Technical Indicator, EU Private Bank Account, and Personal Banker. The company promises withdrawal of funds to customers within 5 days.
Additional services include educational materials and market reviews. The News section contains daily articles. You can go to the broker’s profiles in FB and Instagram by clicking on the symbols of these social networks.
LBLV Vital Info
The owners of the site do not disclose the history or the start of the project. However, there are two dates on the website. These are 2019, indicated in the footer and 2023 in the broker’s internal documents. As for the domain, it was created in 2006 and updated in July 2023. Most likely, the platform became functional exactly after the domain was updated, which was bought by the founders of the project in 2023.
We checked the Mwali registry and found LBLV Ltd. with license number T2023242, which was suspended due to non-payment of the next installment in April 2024. In addition, we investigated the broker’s social media accounts. Although they have a lot of followers: 8 thousand on FB and 58 thousand on Instagram, they are mostly filled with meaningless content with no comments. We got the feeling that all the subscribers on the profiles are fake.
My deposit of $24k turned into 100% losses. I invested in cooperation with this broker only because I believed in the strategy and analytics of LBLV. As a result, I was left without a cent and the scammers embezzled my money with impunity. I sent a complaint to the regulator, but it was useless as this company does not exist. I feel like a complete fool.
I made attempts to register, but it was impossible to do it, because after filling out the fields completely, the "Next" button did not respond to my clicks. I contacted support and the administrator told me that this happens often. I started to develop a negative attitude towards LBLV at this stage of account creation. I concluded that the platform is not interested in new clients. I did not start working here, although my intentions were serious.
I had problems with the slow operation of the site and wrote a request to clientservices@lblv.com that I can't log into my account for too long and that I waited exactly about 5 minutes once. The support guys replied to me that the reason was from the provider, I did not believe it and did not trade for about a week. I'm not particularly active on the internet, so I didn't immediately notice the slowdown in my internet line speed, but when I couldn't even watch a film, I realised that my ISP was really having problems with traffic speeds. I called the Internet service and found out that there are problems there, it turns out that they do not even accept new customers due to line congestion. As it turned out, the brokerage organization had nothing to do with the poor performance of my computer. I spent a small sum on connecting a new Internet provider and now I have earned a more decent amount on lblv.com in a few hours. I can trade calmly now, and I only regret that I did not immediately believe the broker's staff. The lblv support guys found the true problem right away, they are great, they know their business well and always help me.
I felt suspicious of the project even at the stage of looking at the legal information on the site or rather I was looking for those important documents that support the broker's claims. However, the details were not listed on lblv.com. Newbies in trading make a big mistake when they don't establish the identity of the website owner, who is behind this project, and where it is located. Next, I checked all the information about Lblv on the internet for the last year, I can say that I found some unflattering reviews, especially often I came across such negative comments as: "scammers, I can't withdraw my own money". I decided that I should not start cooperation with such a dubious intermediary, I should look for more reliable partner.
I have always been cautious about investments, but this project seemed to me a reliable choice. However, my trust was quickly used against me. My account was blocked by managers after 3 weeks and my deposit became inaccessible (with money over 7,300 euros). I have not received any explanation from the broker, nor any refund. This situation requires legal intervention.
This company is not a financial intermediary between a trader and forex. It is the truest offshore scam that only cares about its own welfare. I received constant calls from lblv representatives with promises of favourable conditions and many other tempting offers, I saw their aggressive advertising on the web. Unfortunately, I started researching information about them only after they helped me drain my balance of about $14,000. I started to collect information about this platform not only by reviews, but in-depth (I should have done that at the beginning, not after making a deposit!) and I found out that lblv does not have a licence, as well as permission to operate in Thailand. The fake resource is operating illegally in our country.
I lost money and nerves and only then figured out how they "work" afterwards :( I found out that Lblv has no obligations, they blocked my account along with my 890 euros balance... so beware of these scammers...
This company is offshore, and I haven't found anyone who regulates it. They provide good trading conditions, the opportunity to work from android, but ... like most offshore brokers, they begin to stall for a time when they need to pay out funds. I've been waiting for the money for two weeks now and the support doesn't tell me anything definite.
I started trading metals last year. My first company was LBLV because my fellow traders spoke very well about it. Many novice traders may be scared off by the amount of the minimum deposit, which is much higher here than at other brokers, but it's worth it. I can recommend this project to those who have been trading for months. Experienced participants in exchange processes will be able to evaluate the advantages of this service and the fast execution of orders. The intermediary has an author's trading platform much cooler than public terminals like MT4. If you are not afraid to deposit more than five thousand dollars into the account, this company is your option!
This broker attracts people with its promises of fabulous profits. I traded on LBLV from November 2023 to April 2024. Initially, I started trading with a minimum account of $5,000. I was directed by a manager named David, I conducted all transactions on his advice. He persuaded me to fund my account and he did it very persistently: he sent me information on the stock market, examples of successful transactions. As a result, my deposit amounted to $16,000 due to replenishment of funds and profit from trading. I managed to withdraw $3,000 from them. When I refused to deposit more money and was about to withdraw the remaining amount, the order opened on David's advice went in the red.
They are scammers! I don't understand why I funded my account, hoping to earn even more, and as a result I got a blocked trading account and an email accusing me of fraud!!! It's LBLV who are the scammers, not me! I lost over 18,600 USD and also my time and health!
The main disadvantage of this platform is a high minimum deposit, I'm sure that a beginner won't invest 5k dollars at once, and not every beginner trader has such amounts. Almost all offshore resources have problems with withdrawal...
I registered with this broker 4 months ago. I work a little bit, mostly on weekends, 2-3 days a week. The minimum entry fee is high at LBLV, but there are service disadvantages, for example, the support team responds quickly, but does not help you in any way. I am still testing the possibilities of the site and I see that small amounts are withdrawn without problems. I work with currency pairs, I like the terminal :) I hope to make good money.
I haven't noticed any major problems with swaps or withdrawals at lblv, which is important to me. What the broker does have a problem with is the speed of response from the support team.
SCAM!!! How can this dubious company call itself a broker!? I'm telling you there's nothing to do here. These scammers blocked my account almost immediately after opening it. They are not even ashamed to call after blocking the account and suggest that I try to earn more using Lblv. Scammers!
Terrible broker, the staff told me about all the advantages when opening an account, perfect execution, and so on. And in fact - illiquid studs, cut stop losses and blocked account with £6,782.
at one point I was unable to access the terminal due to a program freeze, and when it came back to normal mode it turned out that the trade was in the red. I lost €2,350 and I think it was no accident...