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The WikiFX Score of this broker is reduced because of too many complaints!

Larbor

France|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://larbofx.com/en

Website

Rating Index

Contact

support@larbofx.com
https://larbofx.com/en
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
France
Operating period
1-2 years
Company Name
Larbor
Abbreviation
Larbor
Company employee
--
Customer Service Email Address
support@larbofx.com
Company website
Keywords 4
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Trader9452

Hong Kong

download soontrade5 from the app store in hong kong (this app has been removed from the shelves in hong kong). at first, i used the broker gomax (this broker disappeared), and then i was asked to switch to another broker. Larbor . for the first time, i can deposit, trade and withdraw money normally. customer service will not let you cancel when you participate in the $100,000 newcomer activity; after completing the newcomer activity, customer service will say that no one else can deposit money on your behalf; after completing the $100,000 deposit alone, customer service will say that if you complete it overdue, you will need to deposit another $100,000 to increase your credit score; after completing the credit score improvement the customer service also said that the money in the account was black money and asked me to deposit another us$90,000 in risk reserves to show my innocence. the customer service did not provide any terms and conditions during the entire process. everything was decided by the customer service afterwards. during this period, they were constantly threatened that if the process was not completed, it would be illegal and subject to punishment. in the end, i didn't pay the deposit due to insufficient funds, and i didn't encounter any consequences that the customer service claimed would happen. the accounts entered are all private accounts opened by chinese people. after checking with the relevant hong kong authorities, they said they were shadow accounts, accounts used to illegally defraud property and launder money.

Exposure

2023-12-01

luciawong

Hong Kong

A man who claimed to be of mixed Chinese and American descent added me and said that he was defrauded of 150,000 US dollars on this platform, and then strongly recommended a coin recovery company to me. The key point is that he asked me if I still have a U in my account? Liar!

Exposure

2023-11-29

luciawong

Hong Kong

I saw that some Hong Kong compatriots were also deceived, so I hope it can serve as a warning to everyone. If anyone knows any new information, please let me know. Thank you very much!

Exposure

2023-11-23

Trader9452

Hong Kong

a man on ig said he found me on the recommender list. he spends a lot of time chatting with me every day, and his replies are quick and the content is very true. he persuaded me to do foreign exchange trading many times. under his guidance, i downloaded the software soontrade5 (now removed from the shelves) on the application platform, and used the broker gomax (now renamed Larbor ). for the first time, i can deposit money and trade normally and withdraw money immediately. after the second transaction was completed, he said he would complete a $100,000 newcomer activity with me. i said i had no money, and he said he would help me complete it. after participating, he said he didn't have that much money and asked me to get a loan. i immediately applied to customer service for cancellation but was rejected. i was threatened and intimidated that if i failed to complete the activity within 5 days, i would be fined for overdue fees and my personal tax would be affected. the letter will be sent to the international securities regulatory commission for processing. the man then made his first deposit, followed by two or three more. after i had no choice but to take out a loan to complete the event, the platform said that the newcomer event did not accept deposits from others and required me to complete the deposit of us$100,000 by myself. since the money is stuck in the platform account, i can only continue to borrow money. after the deposit was completed, the customer service said that because i completed the newbie activity overdue, the platform reputation points were insufficient, and i needed to increase the platform reputation points by 5 points within 7 days before i could withdraw money. 1 point for 20,000 us dollars, others can deposit money on your behalf. the man said he would lend me money to help me, but i had no choice but to continue the loan. after completing the deposit within the time limit, the customer service said that the man's deposit was black money, and asked me to pay a risk reserve of almost 100,000 us dollars to prove that i was not involved in money laundering. he also kept threatening that i needed to pay money, otherwise there would be overdue fines. , freeze the account and submit it to the international securities regulatory commission. at this time, i had nothing to borrow, and the man said he would find a way to borrow money. but in the end it couldn't be completed due to insufficient funds. apart from deducting money, the platform did not have any consequences it claimed would happen.

Exposure

2023-11-23

Arjun G

Italy

Larbor seems alright. Their platform isn't bad, but it's not the flashiest either. It gets the job done, but might take some getting used to if you're coming from a more advanced platform, like metrader platforms.

Neutral

07-11

5
Website
Company Summary
Review

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Official website

Website

  • larbofx.com

    Server Location

    United States

    Website Domain Name

    larbofx.com

    Server IP

    82.180.137.109

Company Summary

Larbor Review Summary
FoundedWithin 1 year
Registered Country/RegionUnited States
RegulationNFA
Market InstrumentsN/A
Demo AccountN/A
LeverageN/A
SpreadN/A
Trading PlatformN/A
Min DepositN/A
Customer SupportEmail: support@larbofx.com

Larbor Information

Larbor is a brokerage company incorporated in the United States last year. While they are regulated by the NFA and offer support to customers via email support@larbofx.com.

Larbor Information

Pros and Cons

Pros Cons
Regulated by NFAInaccessible website
Lack of industry experience
Limited Customer Support channals

Is Larbor Legit?

Larboris unregulated right now.

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Review 5

All(5) Latest Neutral(1) Exposure(4)
Trader9452

1-2 years

Hong Kong

Exposure
I was induced to deposit US$250,000 but was not allowed to withdraw the money for various reasons.
download soontrade5 from the app store in hong kong (this app has been removed from the shelves in hong kong). at first, i used the broker gomax (this broker disappeared), and then i was asked to switch to another broker. Larbor . for the first time, i can deposit, trade and withdraw money normally. customer service will not let you cancel when you participate in the $100,000 newcomer activity; after completing the newcomer activity, customer service will say that no one else can deposit money on your behalf; after completing the $100,000 deposit alone, customer service will say that if you complete it overdue, you will need to deposit another $100,000 to increase your credit score; after completing the credit score improvement the customer service also said that the money in the account was black money and asked me to deposit another us$90,000 in risk reserves to show my innocence. the customer service did not provide any terms and conditions during the entire process. everything was decided by the customer service afterwards. during this period, they were constantly threatened that if the process was not completed, it would be illegal and subject to punishment. in the end, i didn't pay the deposit due to insufficient funds, and i didn't encounter any consequences that the customer service claimed would happen. the accounts entered are all private accounts opened by chinese people. after checking with the relevant hong kong authorities, they said they were shadow accounts, accounts used to illegally defraud property and launder money.
2023-12-01
Trader9452

1-2 years

Hong Kong

Exposure
change name from gomax Larbor continuously induce deposits but refuse withdrawals for various reasons
a man on ig said he found me on the recommender list. he spends a lot of time chatting with me every day, and his replies are quick and the content is very true. he persuaded me to do foreign exchange trading many times. under his guidance, i downloaded the software soontrade5 (now removed from the shelves) on the application platform, and used the broker gomax (now renamed Larbor ). for the first time, i can deposit money and trade normally and withdraw money immediately. after the second transaction was completed, he said he would complete a $100,000 newcomer activity with me. i said i had no money, and he said he would help me complete it. after participating, he said he didn't have that much money and asked me to get a loan. i immediately applied to customer service for cancellation but was rejected. i was threatened and intimidated that if i failed to complete the activity within 5 days, i would be fined for overdue fees and my personal tax would be affected. the letter will be sent to the international securities regulatory commission for processing. the man then made his first deposit, followed by two or three more. after i had no choice but to take out a loan to complete the event, the platform said that the newcomer event did not accept deposits from others and required me to complete the deposit of us$100,000 by myself. since the money is stuck in the platform account, i can only continue to borrow money. after the deposit was completed, the customer service said that because i completed the newbie activity overdue, the platform reputation points were insufficient, and i needed to increase the platform reputation points by 5 points within 7 days before i could withdraw money. 1 point for 20,000 us dollars, others can deposit money on your behalf. the man said he would lend me money to help me, but i had no choice but to continue the loan. after completing the deposit within the time limit, the customer service said that the man's deposit was black money, and asked me to pay a risk reserve of almost 100,000 us dollars to prove that i was not involved in money laundering. he also kept threatening that i needed to pay money, otherwise there would be overdue fines. , freeze the account and submit it to the international securities regulatory commission. at this time, i had nothing to borrow, and the man said he would find a way to borrow money. but in the end it couldn't be completed due to insufficient funds. apart from deducting money, the platform did not have any consequences it claimed would happen.
2023-11-23
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