LBLV Review 2023

1
/ 5
LBLV is #107 in our CFD broker rankings.

We recommend LBLV for experienced traders willing to deposit at least $5000 with this offshore broker to access high leverage up to 1:400 and tight spreads.

- DayTrading Review Team

LBLV is an offshore forex and CFD broker offering 1400+ financial instruments and a range of high-deposit accounts. Founded in 2017, the brokerage claims to offer competitive fees, fast execution and advanced resources, though the weak regulatory status makes the broker less reliable than regulated alternatives.


Trusted

Demo Account

Bonus Offer

Trade Signals
$5000
MT5
Forex, CFDs, indices, shares, commodities
30% deposit bonus
Neteller

Forex Trading

LBLV offers major and minor pairs but fails to offer prospective clients any transparency on forex spreads and fees. Beginners will also struggle to access the high-deposit forex trading accounts.

Stock Trading

Trade major shares including Apple and Microsoft. We like the detailed economic calendar, however the lack of market news and research is disappointing.

CFD Trading

CFDs are available on key asset classes with high leverage up to 1:400. You can also access the broker's platform on multiple devices, though we are disappointed with the lack of additional trading tools and research.

Crypto Trading

Go long or short on a handful of popular cryptos, including Bitcoin. However, the suite of digital tokens is limited vs alternatives so we don't recommend LBLV for dedicated crypto traders.

✓ Pros

  • Over 1,400 instruments available across multiple markets, including stocks and crypto
  • Helpful economic calendar with useful filters including time zone and impact score
  • High leverage up to 1:400, ideal for active day traders
  • Advanced MetaTrader 5 platform
  • Tight spreads on forex assets

✗ Cons

  • Unverifiable information on the website and lack of transparency
  • Poor regulation with limited evidence of client protection
  • Very high minimum deposit starting from $5000
  • Poor customer service with no live chat
  • US traders not accepted

LBLV is an international forex broker, connecting experienced traders to global markets through the MT5 trading platform. Our review of the online broker will cover everything from the login process and leverage, to payment options and promotions. Find out whether to open an account with LBLV.

LBLV Company Details

LBLV was founded in Seychelles in 2017, with 36 offices across five continents and 98,000 active traders. The broker is best known for its variety of trading account packages to suit all types of investing, from Rookie to VIP.

The company made the news for signing former Brazilian football player, Ronaldinho Gaucho, as their brand ambassador, who features both on their website and social media pages.

LBLV is regulated by the Seychelles Financial Services Authority (FSA).

Trading Platforms

MT5

Available to download from the LBLV website, the MetaTrader 5 (MT5) trading platform is an advanced multi-asset server offering a range of features, including:

MT5 is best suited to experienced traders looking for cutting-edge analysis tools and market access. MT5 is also a great fit for clients looking to use automated trading strategies.

LBLV MT5 trading platform
LBLV MT5 platform

MetaTrader WebTrader

WebTrader is a user-friendly, web-based platform that can be accessed directly from any internet browser, with no app or browser extension download needed. The easy-access platform allows users to trade over 100 assets on a clean interface with multiple chart types, indicators, and drawing tools. Features also include real-time quotes in Market Watch, one-click trading, advanced market depth, plus netting and hedging systems.

Markets

LBLV users have access to four main products:

Spreads & Fees

LBLV offers competitive trading prices. Average spreads on major spot forex pairs, such as EUR/GBP and EUR/USD, are 0.3 pips, with a minimum spread of 0.1 pips. The average spread on commodities is 30.4 pips.

Other costs include inactivity fees on dormant accounts.

Leverage

LBLV offers competitive leverage as high as 1:400. Leverage up to 1:100 is available on precious metals. Leveraged trading can be an effective way to capitalise on market opportunities, but it can also lead to large losses, so should be used with caution.

Mobile App

LBLV’s MetaTrader 5 app can be downloaded to any iOS and Android-based smartphone or tablet PC, where traders can control their accounts and track the markets easily. The application’s advanced interface also allows easy access to hedging and netting systems, Market Depth information, and a broad range of built-in tools and objects.

LBLV mobile app trading platform
LBLV mobile app

Payment Methods

Deposits

There are various funding options for LBLV traders:

In all cases, whilst LBLV does not charge internal transaction fees, traders are advised to check with their payment card provider or bank for any fees.

Minimum deposits start from $5000 and go up to $1m depending on the account type.

Withdrawals

Withdrawals can be made via card, bank transfer, or electronic payments/e-wallets. Withdrawal times for cards, bank, and wire transfers are one working day for processing and funds will clear between two and nine business days. E-wallet requests are processed within one business day and funds will clear between one and three business days. The minimum withdrawal amount is $50 and fees depend on the method used and account type held.

LBLV Demo Account

Clients can open a practice account to test the general features, client area, and products available. A demo account is a great way to refine a strategy and try a new platform. Users can then open a live trading account when they feel comfortable.

Deals & Promotions

At the time of writing, LBLV offers a 30% welcome bonus on your first account deposit. To benefit, clients should open up a new account and make a deposit. LBLV will then award the client an additional 30% as bonus funds.

LBLV occasionally offers other bonuses and promotions subject to terms and conditions. Check the broker’s website for news of any upcoming promotions.

Regulation & Licensing

LBLV Ltd is licensed and regulated by the Financial Services Authority (FSA) in Seychelles. This isn’t the most reputable regulatory agency, however, it is still reassuring to see they are subject to a certain degree of scrutiny from a legitimate body. Clients will be able to flag issues with the FSA, should the broker fail to pay out winnings, for example.

Additional Features

LBLV offers educational and trading tools for account holders including video tutorials, daily webinars, market commentaries, and free training courses. Traders also get access to free trading signals to aide decision making. Additionally, the website offers a Traders’ Suite, with a vast hub of market news, a product glossary, a market calendar, and e-books.

LBLV economic calendar
LBLV economic calendar

Account Types

There are six different account packages at LBLV, with a variety of features available. All accounts come with access to the MetaTrader 5 platform, a minimum trade size of 0.01 lots, mobile trading, an account manager, plus 24-hour dedicated support.

  1. Rookie – Entry level account with a minimum deposit requirement of $5000. The Rookie account comes with floating spreads and no additional features.
  2. Basic – Minimum deposit requirement of $25,000. As with the Rookie account, the Basic account has floating spreads and no additional features.
  3. Premier – Minimum deposit requirement of $50,000 and floating spreads, with the addition of an economic news indicator.
  4. Elite – Minimum deposit requirement of $100,000. This account has fixed spreads and also comes with the economic news indicator as well as technical analysis features.
  5. Elite Plus – Minimum deposit amount of $250,000 and fixed spreads. The Elite Plus has the same features as the Elite, with the addition of an EU private bank account.
  6. VIP – With a minimum deposit of $1,000,000, this top-tier fixed spread account is designed for the most experienced traders. It has the same features as the Elite Plus but with the addition of a personal banker for your EU private bank account.

Trading Hours

LBLV’s trading hours run 24 hours a day from 5pm ET Sunday through to 5pm ET Friday. See the broker’s website for instrument and exchange-specific opening times. Details of holiday hours or changes to opening times are also published on the LBLV website.

Customer Support

LBLV’s customer support service is available 24/5 via:

Customer reviews also point to the helpful FAQ guide accessible on the website.

Keep up to date with the latest news from LBLV on social media:

LBLV’s office is headquartered at Suite C, Palm Street, Victoria, Mahe, Seychelles.

Security

LBLV uses standard security software and procedures to provide clients a safe and secure trading environment, including advanced firewalls and Secure Socket Layer (SSL) 256-bit encryption. The MT5 platform also requires server authentication as well as the option for extended two-factor authentication upon login.

LBLV Verdict

Whilst it largely caters to experienced traders, LBLV also offers a range of useful education and trading tools for those just getting started. With its low trading costs, its advanced MT5 platform, and a good selection of deposit and withdrawal methods, the online broker have no doubt earned a strong reputation within the industry.

Accepted Countries

LBLV accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use LBLV from United States, Iran, Korea, Syria.

Payment Methods

LBLV Details

Minimum Trade 0.01 Lots
Regulated By FSA (Seychelles)
Islamic Account Yes
Mobile Apps Yes
Margin Trading No
Volatility Index No
Spot Trading No
Perpetual Swaps No
ELWs No
REITs No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Auto Trading Expert Advisors (EAs) on MetaTrader
Social Trading Yes
Trade Signals Yes
Guaranteed Stop Loss No
Commodities
  • Gold

CFD Trading Details

FTSE Spread Vairable
GBPUSD Spread 0.3
Oil Spread Variable
Stocks Spread Variable
Leverage 1:400

Forex Trading Details

GBPUSD Spread 0.3
EURUSD Spread 0.3
EURGBP Spread 0.3
Assets 50+

Cryptocurrency Trading Details

Crypto Spread Variable
Crypto Lending No
Crypto Staking No
Crypto Mining No
Crypto Auto Market Maker No
Crypto Coins
  • ADA
  • BTC
  • ETH
  • XRP

Compare LBLV

Compare LBLV with similar brokers that accept traders from your location. Among available brokers these are the most similar to LBLV:

  1. IG Group – IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
    Go to IG Group
  2. Just2Trade – Just2Trade is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme.
    Go to Just2Trade
  3. World Forex – World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
    Go to World Forex

LBLV Comparison Table

Compare LBLV With Similar Brokers
LBLV IG Group Just2Trade World Forex
Rating 0.5 4.4 3.5 4
Markets Forex, CFDs, indices, shares, commodities CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, ADRs, ETFs, Futures, Options, Commodities, Bonds Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
Demo Account Yes Yes Yes Yes
Minimum Deposit $5000 $0 $100 $1
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Regulators FSA (Seychelles) FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA CySEC, NFA, FINRA, Bank of Russia SVGFSA
Bonus 30% deposit bonus Up to $2,000 for professional accounts 100% Deposit Bonus
Education No Yes No No
Platforms MT5 MT4, AutoChartist, TradingCentral MT4, MT5, TradingCentral MT4, MT5
Leverage 1:400 1:30 (Retail), 1:250 (Pro) 1:20 1:1000
Payment Methods 1 6 20 10
Visit Visit Visit Visit
Review LBLV
Review
IG Group
Review
Just2Trade
Review
World Forex
Review

Compare Trading Instruments

Compare the markets and instruments offered by LBLV and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare LBLV Trading Instruments
LBLV IG Group Just2Trade World Forex
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver No Yes Yes Yes
Corn No No No No
Crypto Yes Yes Yes Yes
Futures Yes Yes Yes No
Options No Yes Yes No
ETFs No Yes Yes No
Bonds No Yes Yes No
Warrants No Yes No No
Spreadbetting No Yes No No
Volatility Index No Yes No No

LBLV vs Other Brokers

Compare LBLV with any other broker by selecting the other broker below.

LBLV vs

FAQ

Does LBLV offer a demo account?

LBLV offers a demo account once users register through the normal portal. Quotes and trading conditions on the demo account are the same as with a real trading account.

How much capital do I need to trade at LBLV?

The minimum deposit at LBLV is $5,000. The minimum position size is 0.01 lots across all account types. Overall the LBLV platform is good for experienced traders.

How do I deposit to and withdraw from my account?

Accounts can be funded via payment card, bank transfer or electronic payments. The same methods are available for withdrawals. LBLV does not charge any internal transfer fees, but clients should check with their card issuer or bank for fees.

How do I change information on my account?

Apart from basic information such as email address, contact number, and home address, account information cannot be changed once the account is verified. The client must submit accurate documentation before verification. This will help ensure the prompt processing of withdrawals.

Is there a way for a complaint or a pending request status to be checked or tracked?

Complaints and requests will be tracked by the support team and clients will receive a call-back regarding the status of their inquiry.

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LBLV is an offshore forex and CFD broker offering 1400+ financial instruments and a range of high-deposit accounts. Founded in 2017, the brokerage claims to offer competitive fees, fast execution and advanced resources, though the weak regulatory status makes the broker less reliable than regulated alternatives.