LibraMarkets.com Review
1 •
5 REVIEWS
Out of business
Updated: Oct 29, 2023
•
LibraMarkets is a forex broker. Libra Markets offers the WebTrader forex trading platform. LibraMarkets.com offers over 50 forex currency pairs, stocks, indices, cfds, commodities, oil, gold and silver for your personal investment and trading options.
Website is down. Company seems to be out of business.
Out of business
Broker Details
Minimum Trade Size: | 0.01 |
---|
Maximum Leverage: | 200:1 |
---|
Minimum to Open Live: | $250 |
---|
Established: | Unknown |
---|---|
Address: | 30 St Mary Ax, London, EC3A 8EP, United Kingdom |
Contact: | support@libramarkets.info, +442039664432 |
Regional offices: | |
Regulators: | |
Prohibited countries: |
Trading platforms: | WebTrader |
---|
Web Trading: | ✅ Yes |
---|---|
Mobile Trading: | ✅ Yes |
Currencies: | (50+) |
---|---|
Cryptocurrencies: | |
CFD: | (225+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities |
Trading Conditions |
Deposit Methods: | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Maestro, Neteller, Skrill |
---|
Withdrawal Methods: | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Maestro, Neteller, Skrill |
---|
1 •
5 REVIEWS
Recent User Reviews of LibraMarkets.com
D
Drygrass
Bracknell, United Kingdom,
May 18, 2021,
Registered user
Lost €35,588.00 due to Libra Markets.com being scammers.
Service use: Live
Length of use: 3-6 Months
Whilst you are investing money into your account with Libra Markets.com they are very friendly and convincing that you are in safe hands and you will be making good profits on your investment. That is true until you want to make a withdrawal and/or close your account....
When I requested a withdrawal of €12,000.00, the very next week I was told that due the high volatility of the markets my money was at risk and unless I put in another €6,000.00 as a sort of insurance, I could loose it all. I didn't have that sort of money so I told him (Justin Moore) to take it out of my account. He said no, it had to be a payment into my account. I did nothing more about this but a week later I saw trades going badly the wrong way. In one day I had lost over €26,000.00 and that suddenly wiped out all the profit in the account. I requested the account to be closed so I could recover what I had left. They couldn't do that as I had 11 'open trades' and until they were closed, they couldn't close my account.
To cut a long storey short my account went into the red - I had lost the lot. Another account manager, Peter Anderson, said he would try and get me some credit put into my account. He did to be fair €20,000.00. However, after a few weeks he had lost the lot. He then said he would try and get more credit and would phone in a few weeks. He never did.
In April 2021 I couldn't access my account details as their web page had gone. Then when I checked the other day, Libra Markets have been closed down by Europen law enforcement. https://fintelegram.com/european-law-enforcement-action-crushed-tradorax-kayafx-and-libramarkets-scam-network/
Hence, Libra Markets.com have been big scammers and are currently under investigation. I just hope with the help of the F.P.A. I can recover my losses from these thieves.
When I requested a withdrawal of €12,000.00, the very next week I was told that due the high volatility of the markets my money was at risk and unless I put in another €6,000.00 as a sort of insurance, I could loose it all. I didn't have that sort of money so I told him (Justin Moore) to take it out of my account. He said no, it had to be a payment into my account. I did nothing more about this but a week later I saw trades going badly the wrong way. In one day I had lost over €26,000.00 and that suddenly wiped out all the profit in the account. I requested the account to be closed so I could recover what I had left. They couldn't do that as I had 11 'open trades' and until they were closed, they couldn't close my account.
To cut a long storey short my account went into the red - I had lost the lot. Another account manager, Peter Anderson, said he would try and get me some credit put into my account. He did to be fair €20,000.00. However, after a few weeks he had lost the lot. He then said he would try and get more credit and would phone in a few weeks. He never did.
In April 2021 I couldn't access my account details as their web page had gone. Then when I checked the other day, Libra Markets have been closed down by Europen law enforcement. https://fintelegram.com/european-law-enforcement-action-crushed-tradorax-kayafx-and-libramarkets-scam-network/
Hence, Libra Markets.com have been big scammers and are currently under investigation. I just hope with the help of the F.P.A. I can recover my losses from these thieves.
P
PetraVL
Korcula, Croatia,
Sep 30, 2020,
Registered user
Scam
Service use: Live
Length of use: 3-6 Months
I invested money in Libramarkets.
They traded instead me, and they told me that they know what are doing, and after that I wanted to withdrawal my money they asked me to deposit more money and after that they will proceed my withdrawal request.
When I did not wanted to deposit anymore they informed me that I lost all my money (more then 65,000 euros). I wanted to see my account but everything is blocked and no one is answering. I have a lot of proofs. I need help, I need good lawyer because this is something that is serious crime.
Now I am looking for options to recover money.
They traded instead me, and they told me that they know what are doing, and after that I wanted to withdrawal my money they asked me to deposit more money and after that they will proceed my withdrawal request.
When I did not wanted to deposit anymore they informed me that I lost all my money (more then 65,000 euros). I wanted to see my account but everything is blocked and no one is answering. I have a lot of proofs. I need help, I need good lawyer because this is something that is serious crime.
Now I am looking for options to recover money.
1 trader has found this review helpful
T
tomaz9x
Slovenia, Slovenia,
Apr 17, 2020,
Registered user
Big scam
Service use: Live
Length of use: 3-6 Months
I invested big money to them.
They made big profit until I ask for redraw. They called me and told me that I could not redraw because money is in the market. They canceled my request. At that time my account start losing and in one day I was on 0.
They called me again and asked me for new deposit if I want to recover account.
I didn't want to.
Now I am looking for options to recover money.
They made big profit until I ask for redraw. They called me and told me that I could not redraw because money is in the market. They canceled my request. At that time my account start losing and in one day I was on 0.
They called me again and asked me for new deposit if I want to recover account.
I didn't want to.
Now I am looking for options to recover money.
B
Blaise
Croatia, Croatia,
Apr 14, 2020,
Guest
Stay away from Libra Markets - scam broker
Service use: Live
I saw misleading advertising and unfortunately deposited 250 EUR. As long as you invest money - everything is perfect. They are very kind and responsive. Very soon my account manager (William Suberg if it's his real name) became pushy and wanted me to invest more. I didn't do it (thank goodness) and after 3 months I wanted to withdraw money. Suddenly - no response. They phoned me 2 or 3 times (always different people - Natasha, Edison, Ken, Antonio - with strong russian accent) promising to send my money back "tomorrow" or "on Monday morning" (if it was Friday). Avoid them at any cost, they are broker you shouldn't deal with if you don't want to lose your money.
1 trader has found this review helpful
P
paul08
Mallorca, Spain,
Jun 25, 2019,
Registered user
They are the next Gerneration on scam brokers
Service use: Other
Length of use: 0-3 Months
If you come along this broker be sure it is a scam they are clearly linked to Tradorax kayaFX, KontoFX and some more, every time they got exposed and recognized as the scam they are they changed to another name and broker firm but you can be sure it is always with the same people behind.
they use the exact same scam schemes as the previous ones only a bit different stories and names for the account managers.
if you been contacted by Libra markets just google KayaFX and KontoFX and expect the same from them Libra markets, they are quite new but already have drawn the attention from many agencies and broker review forums that marked them clearly as a scam .
they use the exact same scam schemes as the previous ones only a bit different stories and names for the account managers.
if you been contacted by Libra markets just google KayaFX and KontoFX and expect the same from them Libra markets, they are quite new but already have drawn the attention from many agencies and broker review forums that marked them clearly as a scam .
1 trader has found this review helpful