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For more information about Local Bank Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Local Bank has a long history of over 120 years, indicating stability and experience in the financial industry.
The bank offers a diverse range of financial services, including banking, financing, and investments, catering to various customer needs.
Customers can access a trading platform powered by MT5, providing opportunities to trade in multiple financial instruments, including equities, bonds, and forex.

Cons

The lack of current regulatory authorizations raises significant concerns about the safety of customer funds and the bank's legitimacy.
Customer support is reportedly lacking, with difficulties in reaching representatives and slow response times, leading to frustration for users.
The bank's website being down raises doubts about its reliability and overall operational stability.