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8 /10
Overall Rating

LBLV Review

Read this LBLV broker review before opening your account. Is this a Scam or Reliable Forex Broker? Find out more with the AtoZ Markets Forex broker review of LBLV. 

LBLV is an online retail broker that has several types of accounts for all levels of traders. Traders can trade forex, indices stocks, through this broker. According to LBLV’s website, football player Ronaldinho is the brand ambassador of the forex broker. 

We have carried out an extensive review of this company and found it legit and recommendable. This broker is famous for experience and customer support, along with some other unique trading features. Therefore, they provide a great variety of markets and products.

Overview

Company
8 /10
Trust
7 /10
Trading Platform
7 /10
Account Types
7 /10
Cyptocurrency
7 /10
Costs
7 /10
Customer Support
7 /10
Regulation
7 /10

At AtoZMarkets.com, we have a readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly.

We will always check all the ins and outs of the given broker’s business history, biography, and reputation. The very same standards apply in the case of this LBLV Ltd review. Please see the following article on how we conduct our broker reviews.

Company

8 /10

LBLV Ltd is a licensed brokerage company that is in the industry since 2018. LBLV provides its trading services to both beginners and professional traders. It offers many financial trading instruments like Forex, commodities, equities and many more. 

LBLV LTd. provides all of its financial information to its clients. The website of LBLV contains many features to help the traders in their daily analysis. There are educational tools, daily articles, news, blogs, market updates, or more, for the betterment of traders. LBLV online takes the benefit of many tools and technologies that make it unique among the other brokers. Therefore, they manage to stay at the top despite the demanding industry. 

PROS
Segregated account types that are suitable for all traders
No bank wire transfer fee for some account types
Provides maximum use of the MT5
Electronic Communication Network of Brokers (ECN)
CONS
Customer support works only on weekdays
Limited Cryptocurrencies to trade

Trust

7 /10

LBLV (Lblv.com) has a lack of proper regulation. LBLV is purporting that they are regulated by the FCA but not. It is actually FSA registered. Sometimes traders make confusion about it. FSA registered means it can opthise the business within the EU are, but their operation will not be monitored by the FCA. 

Trading Platform

7 /10

LBLV has five different account types for traders that make them diverse in the industry. Both professional and new traders have the chance to pick the right level according to their preferences. All accounts under the LBLV will be tradable via MT5.

It is also important to mention that all the accounts are automatically created upon registration. This is a great benefit for any trader that they will have the chance to trade demo and get used to the platform.

MetaTrader 5

MetaTrader 5 is usually an improved version of MT4. Using MT5, there are many advantages to users who sign up. Users can use the automated system on this platform. As it is the fifth generation of the Meta trader, it is suitable for all types of traders.

After downloading the MT5 platform from LBLV, the setup may take some time. This platform has a lot of information that may be unnecessary. Another issue is the lack of a safe integration system. 

However, there are more than 50 trading indicators and a built-in economic calendar in MT5. Traders can create their own EA by using MQL5 coding. Moreover, traders can use AI-based trading systems from the LBLV MT5. Traders can use MT5 platform from windows, MAC, IOS and android devices.

Account Types

7 /10

The account types are suitable for both novice and professional traders. Their accounts are segregated with the need for all types of traders. 

Rookie Package

This account is perfect for those who are starting to trade. Traders have an option to sign up for the Rookie account on the LBLV website. This account type provides great specs for beginners. It will give the traders a chance to increase the confidence and skills in trading. 

  • Minimum Deposit: $5,000 
  • Lot Size starts from: 0.01
  • Trading Platform: MT5
  • Mobile Trading: Yes
  • 24-hour support
  • Islamic Account: yes

Basic Package

The basic package is for those who are in the middle of professional and novice. The specification of the basic package is mentioned below:

  • Minimum Deposit: $25,000
  • Lot Size Starts From: 0.01
  • Trading Platform: MT5
  • Mobile Trading: Yes
  • 24-hour support
  • Electronic Communication Network of Brokers (ECN)
  • Islamic Account: Yes

ECN of Brokers gives a chance to trade stocks and other instruments that will wider trading range. 

Premier Package

The Premier package is a third level account type that is suitable for intermediate traders. The premier package offers more comprehensive tools compared to the Rookie and Basic and it is suitable for more experienced traders, such as:

  • Minimum Deposit: $50,000
  • Minimum Lot Size: 0.01
  • Trading Platform: MT5
  • Mobile Trading: Yes
  • Assistance from Account Manager 
  • 24-hour support
  • Electronic Communication Network of Brokers (ECN)
  • Cost-Free Bank Wire Transfers
  • Islamic Account

The exciting feature of the premier package is that it is cost-free for bank wire transfers. This is a great asset for traders who work with large amounts of money.

Elite Package

The Elite Package contains everything a professional trader needs on MT5. LBLV offers technical analysis and super-user level for the elite package users. See the full list of the specs:

  • Minimum Deposit: $100,000
  • Minimum Lot Size: 0.01
  • Difference Bid/Ask: Fixed
  • Trading Platform: MT5
  • Mobile Trading: Yes
  • Dedicated Account Manager: Yes
  • 24-hour Support
  • Technical Analysis
  • Economic News - Technical Indicator 
  • Cost-Free Bank Wire Transfers 
  • Islamic Account
  • Access to Super-User Level

The fixed difference bid/ask comes in very useful for the professional traders. The Elite package users get access to LBLV on MT5 and with the technical analysis to keep up with the changes in the market. Moreover, there is another account named Elite Plus, which requires $250,000 of investment. All other features of the account is the same as Elite.

VIP Package

LBLV created the VIP Package for the most experienced and confident traders among traders. Find the full list of specs here.

  • Minimum Deposit: $1,000,000
  • Minimum Lot Size: 0.01
  • Difference Bid/Ask: Fixed
  • Trading Platform: MT5
  • Mobile Trading: Yes
  • Islamic Account
  • Dedicated Account Manager
  • 24-hour Support
  • Economic News - Technical Indicator 
  • Cost-Free Bank Wire Transfers 
  • EU Private Bank Account - Private Banker
  • Technical Analysis
  • Management Portfolio
  • Access to Super-User Level

The Elite users will have a chance to receive management portfolios with a private banker. They will also enjoy the bank wire transfer free of cost and you will trade on the most popular platform.

Cryptocurrency

7 /10

LBLV is limited to Bitcoin and Ethereum coins when it comes to cryptocurrency trading.

Costs

7 /10

There is no deposit and withdraw cost associated with the LBLV. Moreover, the Elite traders and Premium package users will enjoy the free bank wire transfer. They have both floating and fixed spread account with no extra charge.

Customer Support

7 /10

LBLV provides 24/5 customer support with Email and phone number. They take a maximum of 24 hours to contact via email.

Regulation

7 /10

LBLV is owned by LBLV Ltd, which is a Seychelles registered company. It is operated by QuantumTeam OU. The broker says it is regulated by the Financial Services Authority (FSA), but that is not serious. FSA is basically just a registry office. They are not regulated by the Financial Conduct Authority (FCA) in the UK, (ASIC) or (CySEC).

Conclusion

LBLV has nothing but great to offer. The unique feature of the broker is the difference in the account types. It will give the chance to develop the skills without having too many investments. 

It provides high-quality service and has received a lot of positive reviews from the users. These reviews build a lot of confidence in LBLV, as it shows the proof for their outstanding services.

However, it is always recommended to do your own research before opening an account with any forex broker. As per our intensive research, LBLV is a reliable forex broker. 

Reviewed By

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