Review Of LBLV

LBLV dangerous fraudulent broker that breeds its customers big

 

I would like to start my review with an explanation of what, in fact, is the LBLV broker. The company’s website contains information on 2,400 broker employees and 98,000 highly active traders (apparently, in addition to them, there are also medium-active and low-active ones). However, in fact, the site is visited by no more than 200 people a day. That is, LBLV is not some kind of large trading platform, but the most ordinary basement type broker

Numerous LBLV awards were issued not by reputable profile commissions, but by ordinary private sites. With the same success, I myself could give out awards to brokers and, naturally, they would not represent any value from myself.

If you check the LBLV address, it turns out that several dozens of other scam from the black list are also registered on it. This means that we have a massive legal address and there is no real office for it. Accordingly, where this company is actually located, we will never know.

The only argument in defense of LBLV could serve as an advertisement with the famous Brazilian football player Ronaldinho. One could assume that the broker invested a certain amount of money in the promotion, which means that it will work for a while on the reputation. However, in fact, this does not make the company any reliable. History remembers scam brokers who sponsored entire football clubs while tricking customers into millions of dollars. For example, Banc De Binary was the official sponsor of Liverpool, and 24option was Juventus.

And finally: the National Commission for Securities and Stock Market (National Commission on Securities and Stock Market of Ukraine) on its website issued a warning to investors regarding LBLV, which openly calls the broker a fraudster. That is, scammers from LBLV tricked so many people that they even came to the attention of official financial authorities. I think that this fact should already be enough to not participate in this scam.

What Is The Essence Of Divorce

According to numerous complaints and reviews about the work of LBLV, a very specific deception scheme is emerging. Fraudsters ring up cold bases and actively persuade people to earn money in the financial markets with the help of experienced broker analysts. Moreover, the minimum deposit is called different each time, depending on the capabilities of the potential victim. For some it’s $ 5,000 (as indicated on the website), but for someone they’re given “special conditions” and they suggest starting at $ 100.

Next, the self-proclaimed LBLV analysts come into play. With the help of a twisted trading platform, where they themselves manage the charts, a small profit is drawn on the client’s account. This is done in order to gain confidence and show the professionalism of the trader. 

When a victim loses watchfulness, fraudsters try to dilute them into larger investments for the so-called “serious trade”. Well, in the end, regardless of how much the customer contributed, all the money goes into the pocket of the LBLV scam employees under the pretext of trade losses. Although no trade actually takes place, only its imitation. Something to withdraw back also does not work, the broker works only to receive money.

Conclusion

In conclusion, I would like once again to warn against cooperation with similar LBLV companies. They are very easy to identify by obsessive promises of easy profit, boorish behavior of employees and the lack of any reputation. Such one-day brokers are opened and closed annually by hundreds, as you can see by simply looking at the blacklist located on the blog.