LBLV Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $5000
- WebTrader
- MetaTrader5
- MISA
- 2010
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $5000
- WebTrader
- MetaTrader5
- MISA
- 2010
Our Evaluation of LBLV
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
LBLV is a reliable broker with the TU Overall Score of 7.94 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by LBLV clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews showed that the broker’s clients are mostly satisfied with the company.
The broker has established itself as a trustworthy company that adheres to the stated trading conditions and ensures the safety of its clients. LBLV is in a stage of active development, improving the work system and adapting to the needs of traders.
Brief Look at LBLV
LBLV is a licensed company operating on the market since 2017. LBLV Ltd. is incorporated in the Comoros Union, with Company Registered No. HY00423175, and has obtained an International Brokerage license under Company License No. T2023242, regulated by the Mwali International Services Authority (MISA). The broker has offices throughout the world. According to statistics, 98,000 active traders work with LBLV. The company’s priorities provide high-quality service while ensuring the safety of its clients. This is supported by the technologies used and the high standards of service delivery.
- ECN accounts and SSL connections ensure work safety and eliminate conflicts of interest.
- a wide range of trading instruments. In addition to 50 currency pairs, traders can use precious metals, indexes, stocks, and commodities.
- the minimum deposit is $5,000. This amount is high in comparison to its competitors, making entry difficult for new traders.
- no cent account. Opening a standard account with a large deposit exposes novice traders to greater financial risk and eliminates the opportunity to hone trading strategies.
- the support service is not accessible on weekends;
- support service specialists respond promptly but provide poor information;
- the broker lacks active investment strategies, depriving traders of the possibility of passive earnings.
- only MT5 is available for trading;
- the broker’s website contains insufficient information.
TU Expert Advice
Financial expert and analyst at Traders Union
LBLV is a broker and a Traders Union partner that adheres to all conditions and agreements. There have been no violations of the regulations during its association with TU. According to broker reviews, traders like quick withdrawals of funds and document verification. Each trader can diversify his portfolio by using a set of instruments that includes currency pairs, precious metals, and raw assets. Low spreads of 0.3 pips and flexible leverage of up to 1:400 are advantageous trading conditions for effectively managing personal capital.
Security and client trust are top priorities for LBLV, so its traders’ funds are stored in segregated bank accounts. LBLV uses an SSL connection to ensure the authenticity, confidentiality, and security of data transmission between the web server and the client’s browser. Providing an ECN account means transferring trading orders directly to the market and processing them in real-time, which is an undeniable advantage of the company.
As for trading, only the MT5 platform is available. Despite the absence of the popular MT4, traders adapt quickly and work without difficulties. For those who have never used MT5, an introduction to the platform, its main features, and its advantages is provided.
- You are seeking a broker that provides a diverse range of trading instruments, including 50 currency pairs, precious metals, indexes, stocks, and commodities.
- Regulation plays a significant role in your decision-making, as the Seychelles FSA offers less protection compared to major regulators like the FCA or ASIC. This might raise concerns for some traders.
- A high minimum deposit of 5000 USD is a concern for you, as it may be considered too risky for some traders.
LBLV Summary
| 💻 Trading platform: | MetaTrader 5, Web-trader |
|---|---|
| 📊 Accounts: | Demo, Rookie, Basic, Premier, Elite, Elite Plus, VIP |
| 💰 Account currency: | USD, EUR, GBP |
| 💵 Replenishment / Withdrawal: | Bank cards, bank transfers, e-wallets Skrill, Neteller, Union Pay, Qiwi, Yandex.Money, WebMoney |
| 🚀 Minimum deposit: | From 5,000 USD |
| ⚖️ Leverage: | 1:400 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | From 0.1 |
| 🔧 Instruments: | Currency pairs, indexes, stocks, precious metals, commodity trading |
| 💹 Margin Call / Stop Out: | 25% / 25% |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market Execution |
| ⭐ Trading features: | No swap fees; One-click trading; The assistance of analysts. |
| 🎁 Contests and bonuses: | Bonus +30% on the first deposit |
LBLV offers 1,500 assets on global markets. The company’s advantages include a spread of 0.3 pips, quick trade execution, and the absence of trading fees. In addition, professional analysts provide assistance, which is beneficial to both novice and experienced traders. Clients can use the MT5 platform or a web trader to trade. Clients who need market access regardless of location can download mobile apps for various smartphone operating systems. The broker sets a high entry threshold, focusing on serious traders and providing a broader set of opportunities and favorable trading conditions.
LBLV Key Parameters Evaluation
Share your experience
- Best
- Last
- Oldest
Trading Account Opening
To begin working with LBLV, the user must first register on the company’s website. The process takes several minutes. In the registration form, it is necessary to specify your standard data: first name, last name, contact phone number, email, address, city of residence, index, and date of birth. This is followed by the document verification procedure.
Users can create a user account from the broker’s home page by clicking the “Register” button.
After that, you need to fill out the registration form, indicate the code of the attracted partner, read the client agreement and confirm the registration by clicking on the button at the bottom.
The personal cabinet contains standard blocks. Clients can access the following operations via the user account:
-
View the summary of accounts, as well as monitor the balance and financial transactions.
-
Open a new trading account.
-
Deposit into the trading account, and if the trader has multiple active accounts, he can transfer funds between them.
Also, the client can use his user account to:
-
request a withdrawal of funds;
-
submit documents for verification;
-
edit the trader’s personal data.
Regulation and safety
LBLV is a trademark of LBLV Ltd. The company is licensed by the Mwali International Services Authority (MISA), and its license number is T2023242. The license indicates that the regulatory company monitors the broker’s integrity and financial condition. The regulator does not deal with claims from traders.
According to legal documents available on the LBLV broker’s website, traders have the right to file complaints and claims for refunds. It is important to note that if a client files a complaint with management, he is not permitted to make any public statements while the complaint is being reviewed. The complaint will be considered for 30 days. For violation of this rule, the client will pay $100 per day in reputational damage to the company, beginning from the date the violation is registered. The total amount of the fine can reach $10,000.
Advantages
- The broker’s activities are supervised by the regulator
Disadvantages
- The broker does not pass an external audit
- Deposit insurance is not provided
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Rookie | From $1.5 | No |
| Basic | From $1.5 | No |
| Premier | From $1.5 | No |
| Elite | From $1.5 | No |
| Elite Plus | From $1.5 | No |
| VIP | From $1.5 | No |
The broker does not charge hidden trading fees or extra payments. There is no swap fee for the transfer of trades. The Traders Union experts also investigated the size of trading fees and conducted a comparative analysis using similar indicators from industry leaders RoboForex and PocketOption. Based on the size of the fee, each broker was assigned a level: low, medium, or high.
| Broker | Average commission | Level |
|---|---|---|
|
$1.5 | |
|
$1 | |
|
$8.5 |
Account types
To work with a broker, you need to open a real trading account. Clients are given several options to choose from, which vary in terms of the services offered. However, as the account level rises, so do the possibilities.
Account types:
Regardless of the account type opened, trading is done on the MT5 platform. Clients can also trade using a web platform or a mobile app. Clients can also practice their skills with the demo account. The user account contains statistics on all open accounts.
Deposit and Withdrawal
-
The withdrawal of current funds is carried out after account verification and approval of the withdrawal request.
-
Internal rules require that funds be withdrawn using the same method that the client used to deposit funds into the account. If this method is no longer available, the client can use an alternative method. However, an up-to-date bank statement detailing the account’s unavailability must be provided.
-
When withdrawing funds via bank transfer, keep in mind that the minimum withdrawal amount is $50.
-
Withdrawal requests are approved within one business day. The term of a money transfer depends on the chosen method: to a bank card or via bank transfer, it is 2-9 days. To electronic wallets, it is 1-3 days.
Investment Options
LBLV’s policy emphasizes the independent trading of traders rather than participation in investment programs. Betting on the provision of quality services, the broker provides trading conditions that allow clients to trade profitably using their own knowledge.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
LBLV’s referral program
LBLV provides traders with advantageous conditions for positive cooperation. The “Introducing Broker” referral program allows users to earn large commissions by attracting new traders. The advantages of the referral program are:
to start cooperation, clients do not need to invest their own funds;
the company provides the necessary advertising and educational materials for the work;
Referral statistics and commission payments can be tracked 24 hours a day, seven days a week.
All details of conditions for participation in the program can be obtained by contacting the partner department.
Customer support
The support service for traders is available 24/5. Traders can ask many questions, regardless of the type of account they have open. Furthermore, each open account is assigned a manager, which aids in the fast resolution of issues.
Advantages
- Multi-channel support service
- In case of violations of trade conditions or trader rights, clients can contact the department of regulatory compliance.
Disadvantages
- Support service does not work on weekends
- Specialists from an online chat are frequently busy, and email responses take a few days.
Clients can contact the support service by:
-
contacting specialists by phone;
-
sending an email;
-
asking a question during online chat.
Contacts
| Foundation date | 2010 |
|---|---|
| Registration address | Suite C, Orion Complex, Palm Street, Victoria, Mahe, Seychelles. |
| Regulation |
MISA
Licence number: T2023242 |
| Official site | lblv.com |
| Contacts |
+18886041711
|
Education
The broker actively assists newcomers by providing comprehensive education, ranging from getting acquainted with the MT5 trading platform to publishing market comments. There are two sections with information: “Knowledge Base” and “Education.” A separate section is dedicated to the “Education Center,” which will be beneficial to both novice and experienced traders.
To consolidate the acquired knowledge, it is recommended to open a demo account. The training account allows beginners to hone their skills without putting their money at risk, while experienced traders can test their own strategies.
Comparison of LBLV with other Brokers
| LBLV | RoboForex | Pocket Option | Exness | IC Markets | AMarkets | |
| Trading platform |
MetaTrader5, WebTrader | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, cTrader, MT5, TradingView | MT4, MT5, AMarkets App |
| Min deposit | $5000 | $10 | $5 | $10 | $200 | $100 |
| Leverage |
From 1:1 to 1:500 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:3000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0.1 points | From 0 points | From 1.2 point | From 1 point | From 0 points | From 0 points |
| Level of margin call / stop out |
25% / 25% | 60% / 40% | 30% / 50% | No / 60% | 100% / 50% | 50% / 20% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | Yes | No | No | No | No |
Detailed review of LBLV
LBLV has been operating on the Forex market since 2017. Throughout its existence, the company has built a reputation as a stable and reliable broker whose services are used by both novice and veteran traders.
The LBLV broker operates under a license issued by the Mwali International Services Authority (MISA). Despite the broker’s registration in an offshore zone and the absence of a client complaint service, the regulator monitors the broker’s activities and financial condition and decides whether the license should be extended or revoked.
LBLV is the optimal choice for active traders
The broker puts high-quality service at the heart of its work. LBLV improved trading conditions for traders, introduced new technologies, and expanded the available tools. The broker outputs traders’ orders directly to the market, ensuring quick execution.
For newcomers, an education section with basic work-related information is offered. In the education center, traders can study specialized e-books, watch videos, and read market news relevant to trading. All clients have access to free trading signals and swap-free accounts that do not violate Sharia law.
A few facts for new traders to consider are:
-
the broker’s services are used by 98,000 active traders;
-
it has 36 offices on five continents;
-
the company employs 2,400 people globally.
Advantages:
licensed by a reputable regulator;
all operations on the LBLV website are encrypted, and any data or fund leakage is completely excluded;
there are no withdrawal fees, and requests are processed within one business day;
fast execution of orders;
narrow spreads — from 0.1 pips;
one-click trading is available.
User Satisfaction