This Libra Markets review explains why you have to stay away from this dirty broker.
What Libra Markets is about
Libra Markets looks like a typical Forex broker with a wide offering of trading assets. You can trade currencies, stock and indexes with it. In total there allegedly is more than 250 different assets available.
And that’s about it, the broker doesn’t provide more information about minimum deposits, withdrawals, fees or anything like that, which is very important.
Libra Markets scam
We decide to do this Libra Markets reviews mainly because we hear a lot of complaints about this broker from real users. They say that the broker is blocking their withdrawals, that their money is disappearing from their accounts without them trading etc.
All in all, it is clear that Libra Markets is a dirty broker that you should completely avoid. The fact that the broker doesn’t provide all the necessary basic information is already a huge red flag.
And here is the thing, all brokers based in Britain have to be licensed by the Financial Conduct Authority, this is the law. Without it they cannot operate legally.
However, Libra Markets is not licensed whatsoever, so it is an illegal broker that is breaking the law. Also, the Austrian financial regulator published a warning against Libra Markets.
So, there is plenty of warnings and reasons for not trade with this broker, it is a black hole where money gets quickly lost.
Libra Markets review conclusion
Libra Markets is a scam broker that you certainly should not deal with, if you don’t want to lose your money.
For trading you should always use regulated brokers only and start on a free demo to learn trading first.
Remember that in trading with real money you can have profits but also losses, so be careful.