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LIBRAFG
United Kingdom|2-5 years| https://librafg.com/en
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No valid regulatory information, please be aware of the risk!
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1G
40G
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LIBRAFG LTD
LIBRAFG
United Kingdom
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | $25,000 |
| Minimum Spread | EUR/USD2.5 PIPS GBP/USD2.8 PIPS USD/JPY2.7 PIPS CRUDE OIL$0.11 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | $250,000 |
| Minimum Spread | EUR/USD1.4 PIPS GBP/USD1.7 PIPS USD/JPY1.5 PIPS CRUDE OIL$0.08 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | $100,000 |
| Minimum Spread | EUR/USD1.9 PIPS GBP/USD2.2 PIPS USD/JPY2.1 PIPS CRUDE OIL$0.10 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | $250 |
| Minimum Spread | EUR/USD2.8 PIPS GBP/USD3.1 PIPS USD/JPY3 PIPS CRUDE OIL$0.12 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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LIBRAFG · Company Summary
Note: LIBRAFG's official website:https://librafg.com/en is currently inaccessible normally.
| LIBRAFG Review Summary in Points | |
| Company name | LIBRAFG |
| Registered country/region | United Kingdom |
| Regulation | Unregulated |
| Trading Platforms | MetaTrader4 |
| Market Instruments | Foreign exchange, commodities, indices and stocks |
| Demo Account | Not available |
| Minimum Deposit | $250 |
| Maximum Leverage | 1:200 |
| Spread | Spreads on the EUR/USD pair start from 2.8 pips for the Basic account, 2.5 pips for the Gold account, 1.9 pips for the Platinum account and 1.4 pips for the VIP account. |
| Customer Support | Phone: +442080894838 |
| Email: support@librafg.com | |
LIBRAFG Information
LIBRAFG claims that it mainly offers four different asset classes, including foreign exchange, commodities, indices and stocks. Note: LIBRAFG's official website:https://librafg.com/en is currently inaccessible normally.
Pros and Cons
| Pros | Cons |
| Various market instruments | Not regulated |
| Website can't be opened now |
Is LIBRAFG Legit?
You need to note that according to WiKiFX's investigation, LIBRAFG is currently not regulated by any recognized financial authorities.
What Can I Trade on LIBRAFG?
You can trade dozens of products including foreign exchange, commodities, indices and stocks.
| Tradable Instruments | Supported |
| foreign exchange | ✔ |
| commodities | ✔ |
| indices | ✔ |
| stocks | ✔ |
Account Type
LIBRAFG provides 4 real accounts: GOLD, BASIC, VIP, PLATINUM. Basic account requires a minimum deposit of $250, gold account requires a minimum deposit of $25,000, VIP account requires a minimum deposit of $250,000, Platinum account requires a minimum deposit of $100,000.
| Account Type | Minimum Deposit | Spread |
| basic | $250 | 2.8~3 |
| gold | $25,000 | 2.5~2.8 |
| platinum | $100,000 | 1.9~2.2 |
| VIP | $250,000 | 1.4~1.7 |
LIBRAFG Fees
LIBRAFG claims that different account types and asset classes have significantly different floating spreads. For example, spreads on the EUR/USD pair start from 2.8 pips for the Basic account, 2.5 pips for the Gold account, 1.9 pips for the Platinum account and 1.4 pips for the VIP account.
Trading Platform
LIBRAFG provides traders with the worlds most widely used MetaTrader4 platform.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader4 | ✔ | iOS、Android | Anyone |
Deposit and Withdrawal
LIBRAFG offers a variety of deposit and withdrawal methods, including credit card, bank wire, and e-wallet. The minimum initial deposit requirement is $250. Withdrawals are said to be processed within 24 hours.
Deposit Options
| Deposit Options | Min. Deposit | Fees | Processing Time |
| credit card | $250 | No mention | No mention |
| bank wire | $250 | No mention | No mention |
| e-wallet | $250 | No mention | No mention |
Withdrawal Options
All withdrawals from VIP accounts are free. Platinum account customers can make three free withdrawals per month; gold account members can only make one free withdrawal per month, and basic account holders are required to pay a handling fee for each withdrawal.
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| credit card | No mention | The number of free withdrawals is different for different accounts. | within 24 hours |
| bank wire | No mention | The number of free withdrawals is different for different accounts. | within 24 hours |
| e-wallet | No mention | The number of free withdrawals is different for different accounts. | within 24 hours |
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