Score
Libra Markets
Estonia|5-10 years| https://libramarkets.com/?lang=en
Website
Rating Index
Influence
Influence
D
Influence index NO.1
Spain 2.62Contact
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
Estonia
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed Libra Markets also viewed..
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Website
libramarkets.com
Server Location
United States
Website Domain Name
libramarkets.com
Website
WHOIS.NAMECHEAP.COM
Company
NAMECHEAP, INC.
Domain Effective Date
2018-09-03
Server IP
34.102.236.3
Company Summary
Basic Information & Regulation
Libra Markets is a Forex and CFD broker based in Estonia and is not currently subject to any active regulation.
Safety Analysis of Libra Markets
Libra Markets is currently an unregulated brokerage platform, which means that the safety of its clients' funds and trading activities are not effectively protected compared to those of strictly regulated dealers such as the FCA in the UK and CySEC in Cyprus. Therefore, investors are advised to stay away from this Libra Markets brokerage firm.
Market Instruments of Libra Markets
Libra Markets offers traders a wide range of financial trading instruments, including mainly Forex currency pairs, indices, precious metals, various stocks, and cryptocurrency CFDs.
Accounts & Leverage
Libra Markets offers traders a regular account with a minimum deposit of €250 and maximum trading leverage of 1:500.
Spreads & Commissions
Compared to other brokers, the spreads on the Libra Markets platform are high. For example, the spread on USD EUR is 3 pips, which is much higher than the industry standard.
Trading Platform Available of Libra Markets
Libra Markets offers investors a lightweight online trading platform, a trading platform that seems suitable for binary options trading, oversimplified, and lacking many advanced features as MT4& MT5.
Deposit and Withdrawal
Withdrawals take at least 10 days, and the minimum amount for wire transfers is €500.
Pros & Cons of Libra Markets
The main advantages of Libra Markets are:
1. Over 250 traded assets
The main disadvantages of Libra Markets are:
1. Not subject to any regulation
2. Non-MT4/MT5 trading platforms
3. High spreads
4. Long withdrawal times
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Disclosure
Investor alerts Yield Enterprise Currency Software OÜ (protraderex.com; libramarkets.com)
Country/Region
Disclosure time
2021-08-17
Disclose broker
cmvm warns investors about the Libra Markets
Country/Region
Disclosure time
2020-06-26
Disclose broker
MFSA Warning - Libra Markets – Unlicensed Exchange
Country/Region
Disclosure time
2020-05-06
Disclose broker
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