LBLV

Sharaga strives to create a trusted shopping environment that is focused on customer needs and preferences. The company focuses on research and development to provide the support and resources needed to make informed investment decisions. The goal of the project is to help clients achieve their financial goals with confidence.

However, these are just words that have no connection to reality. Scammers simply mislead newcomers. You can never take someone’s word for it LBLV official website the project does not contain scanned copies of licenses and registration certificates. The Sharaga administration allegedly claims legal activities. According to them, the office is registered in Comoros.

It was not by chance that the scammers chose an offshore jurisdiction, since local legislation allows scammers to hide information from clients. You can’t count on transparent service. The scammers themselves say that they received a license from MISA – a financial auditor in the Comoros Islands.

The founders of the scam chose to hide behind anonymity because they are afraid of liability for financial fraud. On their crooked one-page page they publish fake benefits:

• leverage up to 1:400, allowing you to invest less and trade more on global markets. Such high leverage violates European financial regulations;
• ultra-fast execution of transactions;
• advanced tools and resources to improve your trading knowledge;
• low trading fees for increased market exposure;
• premium customer support.

LBLV provides a list of legal documents, including terms and conditions for using their services. However, specific documents and their contents are not disclosed on the website.

In Russia, sharaga operates illegally. There is no license from the Central Bank of the Russian Federation, as well as SRO status. Opening an account in an offshore office is a rather strange decision, because the project has no competitive advantages in comparison with regulated, official brokers.

Terms of trading with broker LBLV

The office offers a variety of deposit methods, including credit or debit cards (Visa and MasterCard), bank transfers and digital currency wallets. The Company does not accept clients residing in the United States, regardless of their temporary or permanent residence status. Crooks are simply afraid of the reaction of law enforcement agencies.

LBLV offers practical and functional trading platforms designed to meet the needs of traders. They provide access to a wide range of trading features to help you execute and improve your trading operations. The name of the available software is missing. Instead, scammers list the features of the software:

• cross-platform: managing trading on several devices simultaneously;
• various charts and timeframes: customizable tools for effectively forecasting the price movements of financial assets;
• many indicators and tools: a library of news and technical indicators, as well as various trading tools;
• SSL encryption: 256-bit encryption for secure transactions.

Trading is carried out on the basis of WebTrader or MT5. Both platforms are good in their own way, but the trader will not receive any benefit because the scammers hide their liquidity providers. Scammers independently manage quotes, creating artificial situations of draining clients’ money.

LBLV offers different types of trading accounts, each of which meets the specific requirements and preferences of traders:

• Standard: suitable for beginners and experienced traders, offering classic trading conditions;
• Premium: for more experienced traders with more favorable trading conditions;
• VIP: designed for professional traders with high trading volumes and provides exclusive conditions.

There is no description of specific trading parameters – this is another sign of fraud LBLV personal account It’s better not to register, because scammers hide service details. This is a characteristic feature of all scams.

LBLV Broker Revealed

Offshore registration is often a sign of a desire to avoid strict financial regulation and control. Despite the claims of having a MISA license, no confirmation of this was found on the auditor’s official website. This calls into question the legality and transparency of the project.

The brokerage firm’s website states that the company:

• 36 offices on 5 continents;
• 2400 employees;
• 98,000 traders.

For a company that has been around since 2018, such numbers seem unrealistic and are a sign of poorly thought out PR. In addition, mentions of partnerships with well-known platforms such as investing.com turned out to be a simple lie, since these platforms have a disclaimer for the information provided.

LBLV offers six account types with varying terms and conditions, including floating and fixed spreads. However, fixed spreads on large accounts may indicate that trades are not reaching the real market, where the spread is always floating. This is a sign that the project operates like a kitchen; transactions are executed within the company, and not on the real market.

Despite many positive reviews on the Internet, many of them look custom-made and do not correspond to reality. For example, errors in indicating the minimum deposit and statements about a large number of newcomers willing to deposit significant amounts into accounts with a little-known broker raise doubts about the reliability of the comments.

Considering all of the above factors, including questionable origins, unverified licenses, unrealistic statements about the size and scale of the company, and issues related to trading conditions and reviews, it can be concluded that LBLV represents a risky choice for traders.