Score
LibBit
Latvia|2-5 years| https://libbit.org
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Latvia
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed LibBit also viewed..
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Website
libbit.org
Server Location
Netherlands
Website Domain Name
libbit.org
Server IP
185.186.244.55
Company Summary
General Information & Regulation
LibBit is a Latvia-registered online broker, with its actual office address, founding time and the company behind it unknown. It has been verified that this broker currently has no valid regulatory, please be aware of the risk.
Market Instruments
Tradable financial instruments available on the LibBit platform include forex currency pairs, Metals, stocks, commodities, indices and cryptocurrencies.
Minimum Deposit
There are two trading accounts on offer on the LibBit platform: Base Trade and Opti Trade accounts. The minimum initial deposit for the first account is $100, while for the second is $1000.
Leverage
Trading leverage depends on which trading account you choose. The maximum leverage for the Base trade account is 1:100, for the Opti Trade up to 1:500. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
Spreads & Commissions
As per the LibBit website, the spread on the EUR/USD pair is from 0.1 pips, not sure if commissions is charged.
Trading Platform Available
What LibBit offers its traders is not the highly-recognized MT4 or MT4 trading platform. No related information is mentioned.
Deposit & Withdrawal
Payment methods are missing on the LibBit official website.
Customer Service
The LibBit official website is multilingual, and its customer support team can be reached through telephone. Unfortunately, live chat is unavailable.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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FX5358003
United Arab Emirates
I won't stand by and let these thieves take advantage of any more people. They prevented me from accessing my account and wouldn't let me reset my password. They acknowledged receiving my $65,000 worth of usdt deposit but claimed that it never appeared on their end. I was unable to demonstrate that they had received the money until Cyb3rnub recovery reviewed them. This platform don’t care about investors making real money or not it’s all scam
Exposure
2023-02-23
yy1940
Hong Kong
It’s really outrageous and speechless that this platform ran away. First, I saw a KOL’s lecture on the social platform and paid attention to it. After watching it often, I gradually trusted it. Later, this big V bad-mouthed the stock market and guided me to play foreign exchange investment. , Guided deposits, copying orders, and ended up losing all money
Exposure
2023-02-07
mohmmad
Saudi Arabia
17000 forThey don't add more Can't I can't pull I can't withdraw my money.
Exposure
2023-02-07
流年似水24341
Hong Kong
There is a person on Weibo named Chufengshiliburuni. He recommended a lecture called Hongfei. He brought a single gold behind him, and kept asking for deposits to maximize profits. I transferred USDT on Binance and bought USDT in cash to recharge 2 million yuan. With the transaction with a single principal plus profit of about 900,000 USDT, on July 19th, the MT5 trading platform, the account cannot be logged in, the deposit and withdrawal platform cannot be opened, Hongfei and Chunfeng Shili are not as good as you. I still can't log in, and the last transaction details that were originally displayed are gone. I have called the police, and the two scammers have killed the whole family.
Exposure
2022-07-20
iamjayylopezz
Philippines
I am not aware such abusing it was just fully hedged trades.And now the instrument is trading 800 pips higher when I could properly unhedge today I would be back to my original value!!! I contacted before more than 2 week their dispute resolution scheme and although they promise answer during 10 days, until today still no answer from them. I cant withdraw my funds/money.
Exposure
2021-12-16
骗子滚远点
Hong Kong
The fleeting years are like water see the contact
Positive
2022-10-13