ANSWER LBLV.COM is an unlicensed broker even though it states offers that look too good to be true.LBLV.COM barely provides details on its regulatory status, a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. In addition, as per information we have, this broker's license Securities Dealer License was revoked by the Seychelles Financial Services Authority (FSA) and was warned by this authority for offering unauthorized financial services. You can check this warning from here.Regarding your question, LBLV.COM is an unregulated broker. Letting this broker hold and control your funds or trading with them is very risky, as there are no safeguards in place to prevent fraud or theft. Therefore, we would suggest investors stay away from such unlicensed brokers as LBLV.COM and trade with fully regulated brokers.
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