Search

LBO Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!

LBO Broker Review

1.54

WikiFX monitor

Business

Influence C

License

No license

LBO Review 1

Latest All(1) Exposure(1)
Exposure
Unable to withdraw

They stole 500,000 pesos from my and did not make me a millionaire as they promised. I was unable to withdraw.

FX1894961020
2021-10-10

  

LBO 2025 Review: Everything You Need to Know

  The LBO (Leveraged Buyout) trading platform has garnered mixed reviews in recent evaluations. While it is recognized for its established presence in the forex and CFD industry, concerns regarding its regulatory status and user experience persist. Key features include a range of trading instruments and a long-standing history, but potential users should be cautious due to the lack of regulatory oversight.

  Note: It is crucial to understand that LBO operates under various entities across different regions. This variability can significantly affect user experience and regulatory compliance. Therefore, a thorough investigation into the specific entity being engaged with is recommended for fairness and accuracy.

  

Rating Overview

Criteria Rating (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 3
Trading Setup (Experience) 4
Trustworthiness 2
User Experience 3
Overall 3.57

  How We Rate Brokers: Our ratings are based on a comprehensive analysis of user feedback, expert opinions, and factual data regarding the services provided by LBO.

  

Broker Overview

  Founded in 2001, LBO is a trading platform based in Argentina, primarily focusing on forex and CFD trading. Despite its long-standing history in the market, LBO lacks proper regulatory oversight, which raises concerns about safety and trustworthiness. The platform does not utilize popular trading software like MT4 or MT5, which is often a drawback for traders accustomed to these widely-used interfaces. LBO offers various financial instruments, including commodities and indices, but the absence of a robust regulatory framework may deter potential clients.

  

Detailed Section

  LBO operates in various geographical regions, but its primary base is in Argentina. The lack of regulation is a significant concern, as it means that there is no governing body overseeing its operations. This could lead to potential risks for traders, especially those who are new to the market. The platform does not specify the currencies or cryptocurrencies accepted for deposits and withdrawals, which can limit user flexibility.

  The minimum deposit requirement is not clearly stated in the available reviews, which can pose challenges for potential users trying to gauge their entry costs. Moreover, LBO does not offer bonuses or promotions, which is a common practice among many brokers to attract new clients.

  In terms of trading costs, LBO's spreads and fees are not explicitly detailed in the reviews, making it difficult for traders to assess the overall cost of trading on the platform. The leverage options available are also not clearly outlined, which is a critical factor for traders looking to maximize their investment potential.

  LBO's trading platform does not support popular tools like MT4 or MT5, which limits its appeal to traders who prefer those interfaces. Furthermore, the platform's accessibility is hampered by a lack of information regarding restricted regions, leaving potential clients uncertain about where they can operate.

  Customer service appears to be a significant pain point for LBO users. Reviews indicate that support is lacking, with many users expressing dissatisfaction with response times and the quality of assistance provided. The absence of multilingual support can also be a barrier for non-Spanish speaking traders looking to engage with the platform.

  

Rating Recap

Criteria Rating (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 3
Trading Setup (Experience) 4
Trustworthiness 2
User Experience 3

  

Detailed Breakdown

  •   Account Conditions: The lack of clarity regarding the minimum deposit and the absence of bonuses contribute to a low score in this area. Users are left without a clear understanding of their financial commitments when opening an account.

  •   Tools and Resources: While LBO offers various trading instruments, the lack of integration with popular trading platforms like MT4 or MT5 limits its usability. This can deter traders who rely on these tools for their trading strategies.

  •   Customer Service and Support: Reports indicate significant dissatisfaction with customer service. Users have reported slow response times and inadequate support, which can be detrimental for traders needing assistance.

  •   Trading Setup (Experience): The overall trading experience is hindered by the platform's limitations in technology and customer support, leading to a lower rating in this category.

  •   Trustworthiness: The absence of regulatory oversight is a major red flag for potential users. Many traders prioritize safety and security, and the lack of regulation can lead to a lack of trust in the platform.

  •   User Experience: Overall user experience is adversely affected by the aforementioned issues, leading to a poor rating in this area.

  •   In conclusion, while LBO has established itself in the trading industry, potential users should approach with caution. The lack of regulation, coupled with subpar customer service and limited trading tools, presents significant challenges. As a result, users are encouraged to thoroughly research and consider their options before engaging with LBO or any associated entities.

LBO review