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Libra Markets Review
🔴 Libra Markets services are questionable – a warning sign!
🔴 Libra Markets isn’t licensed – a red flag!
🔴 Libra Markets isn’t transparent – a red flag!
🔴 Libra Markets creates unrealistic expectations – a red flag!
What is Libra Markets?
Libra Markets is an unregulated broker platform similar to LegitHartford24, which we reviewed earlier. Problem with unregulated brokers is that they are not reliable and abuse the regulations. Make sure to stay away from them as they are anonymous and that they can disappear any time without notice. Companies providing online brokerage services without a license cannot provide their clients with any sort of protection.
Libra Markets Regulation
They are unregulated and most likely totally illegal, which ultimately means that your funds will be in danger if you deposit! So, yet again, there is another reason to stay away from them!
As there is no regulation, the people running the platform can pocket your money while bearing no responsibility for their criminal actions. They can disappear any time without notice. Companies providing online investment services without a license cannot provide their clients with any sort of protection. In contrast, regulated firms are required by law to adhere to a slew of regulations that ensure the safety of client’s funds. For example, in most jurisdictions, a company will get a license if it meets the minimum capital requirement that varies by country and may also depend on the product specification, business classification and so on.
To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this investment firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why they are dangerous to deal with.
On top of that, once you click and provide them with your e-mail and contact number they will ring you immediately and promise you anything to make you deposit money with them as fast as possible. Most of the scammers are experienced manipulators and before you know it they’d ask for your bank card numbers to assist you with the deposit. You shouldn’t provide this information. There is also a chance to become a victim of Identity theft, experiencing many more problems consequently.
Libra Markets Complaints
Depending on the amount of experience people have with brokers, it may be easy to tell what is legitimate and off-base before the problem starts. However, most of our clients were not aware their platform was problematic before they had already signed up. If they show any of these signs, either avoid them entirely or look very carefully before proceeding:
🔴 Not regulated
🔴 High fees and commissions
🔴 Not enough information on the website
🔴 Poor communication and refusal to answer questions
🔴 Pushy manner
🔴 Keeps mentioning rules and fees that were not outlined in the contract
🔴 Does not let you withdraw money from your account
Libra Markets Products and Services
They are not safe, and we say so because it’s an unregulated broker. They always promise things they won’t deliver, and Libra Markets makes no exception – they claim that customers can become rich quick, which is a scam offer seen from any viewpoint! Such promises are ludicrous, and they show that Libra Markets is a suspected scam you should avoid! Beware!
Libra Markets Customer Support
Libra Markets allows you to contact them through telephone contact and email. They do not provide any location data. There is no certainty in the contact information available.
You ought to receive an instant reply to your query, if not fast. Nevertheless, fraudsters cut off communications upon receiving your money. It is improbable to deliver a friendly interface without proper customer relations. Active customer support assists in determining more trust in the company.
Are Funds Safe With Libra Markets?
With such lack of information and being unregulated, funds are not safe. Security of funds is a huge problem with brokers. A red flag that we noticed is that they are withholding vital information to users. They could go bankrupt from one day to another since there are no banking information about them.
Libra Markets does not guarantee the security of funds. The safety of your money is a top factor to consider in any platform. Any red flag is a warning you should not ignore. Investing your money with anonymous platforms not only puts your money at risk. Your data may fall into the wrong hands attracting criminal activities during the registration process.
Libra Markets Withdrawals
The point at which many of our clients realize they are dealing with a scam broker is when they request to withdraw funds and the broker either won’t allow them or will make it difficult. They may employ the following tactics:
🔴 Will aggressively urge clients to make additional trades. The client often acquiesces because the broker will be quite pushy and make it clear he or she is in control since they hold the client’s funds
🔴 Will charge high withdrawal fees. Many clients will instead try to make more money to cover these high fees and will make more transactions instead of withdrawing
🔴 Cease communication. They may be evasive or simply not communicate at all.
If Libra Markets is doing any of these things to avoid releasing your funds, do not hesitate to leave a comment to warn others.
Libra Markets Review: our Conclusion!
Libra Markets is an unregulated platform to avoid. Their methods for investment are unreliable.
If you have been scammed, feel free to leave a comment or if you wish to arrange a free consultation with our professionals, do not hesitate to submit your complaint by clicking the button bellow.
ℹ️ Libra Markets Details
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🖥️ Website URL : libramarkets.com
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⚖️ Regulation : Offshore Broker
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🧭 Headquarters : N/A
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⚠️ Spain’s financial watchdog, the Comision Nacional del Mercado de Valores (CNMV), warned against Libra Markets
🚨 Libra Markets not paying? Share your experience and get help
📋 Fill out the form here and get a free consultation today.
this broker is a compleete scam they placed negative trades soon as I did not wanted to ad up more money , they put my accout in minus and wanted me to pay it out!
do not do it they are just a scam and can tak NO legal actions against anyone !!!
they locked me out from my account soon as I did not want to invest more and withdraw some money SCAMMERS!!!
The same has happened to me just a few days ago. My broker Adrea Bella , most probably fake name as well. Avoid at any cost!!
they are a complete fraud , the FMA released a warning against this broker but sadly I read it to late, I deposited together 5000€ and made good profits in the end I had 8500€ and then I recived a call from my account manager that I have to have a t least 20,000€ on my account to be able to aces the next big event I told them that I do not want invest this amount now and I want to wait that my money made more profits so he got rude and told me he will stop working for me, I got a call from another broker who told me he is new and not so experienced so I told him I do not longer work with Libra Markets and they should delete my account and send me the money .
instead they placed only 3 trades who made a loss of exactly 8500€ and told me there is no more money to send but I have to pay the fees of 500€.
I did not pay this instead I reported them to the police and started a chargeback with my bank!
HiFrank, did you manage to get the chargeback, I invested less then you did and I have been with defiant brokers before and never have any of the companies been so pushy, I started doing some digging and found many bad reviews, placed a withdrawal on my account a month ago and even changed my password, but still they managed to place trades and run my account into -1300 euros this week. I have placed a order for a chargeback but they say it can take up to 3months, May I ask how long you waited?
They are scammers as I did not want to pay for an insurance they tryed to sell me for my trading account they placed negative trades so in less then an hour my account was in the minus and later told me this is why they want to sell an insurance and I have to pay the minus out now !
they are a blacklisted scam broker I do not pay out any minus they put on a fake trading account instead I reported them to the police and told my bank to make a chargeback.
they are a known scam lets see who are the real people behind theis account !
They stole money directly from my account claiming they needed fast more money to make profits on the market, so they usey my credit card details I provide for the registration and just took 3500€ from my card and placed negative trades , that where all not acording to the real trading charts for these assets so it is clear they run a manipulated trading platform on their website so they can tell the money got lost on the markets but in real they steal it and use this asa cheap excuse!
These guys are a total scam, I registered with them sent all my documents including my utility bills proof of address driver licence (so they have all my details, which I regret now!) as soon as they had my details I got a call from an east European sounding guy asking me to deposit the money. That is where I started to get doubts as he did not really know what he was talking about and very eager to just get my deposit. I hung up and Googled them, thank god i did!! Now they won’t stop calling me, they are extremely rude and threatened to keep calling me – to which my response was I am happy to engage in a conversation for as long as you want my friend! But I won’t put any money down. I am hoping that by doing this at least I can waste their time in scamming off someone else. DO NOT UNDER ANY CIRCUMSTANCE GET SCAMMED BY THESE GUYS!
Unfortunately, I saw a misleading advertising on FB on LibraMarkets. I deposited 250 €. Subsequently, the media reported that it was a scam and an unlicensed broker. Immediately I blocked my bank account and contacted the police. Unfortunately the police have no way to help me.
They call me over and over, don’t want to cancel my account or delete my personal data.
I don’t respond to their messages or phone calls anymore.
I have no way to defend myself because they refuse to delete my account.
Mir geht es wie vielen Anderen, 750€ investiert, kleine Gewinne gemacht,
War für mich okay. Ich wollte bei )00€ aussteigen und das Geld auszahlen lassen, ging nicht sie meinten ich muss es bis Januar laufen. Ist doch Blödsinn.
Ich ahnte schon wie es weiter geht. Montag waren es ca. 1400€. Habe gestern mal geschaut, schwups waren es nur noch 300€, habe mich dann gemeldet und bekam auch gleich einen Anruf, Begründung des Verlustes, der Markt ist eben so.
Unfortunately, I saw a misleading advertising on FB on LibraMarkets. I deposited 250 €. Subsequently, the media reported that it was a scam and an unlicensed broker. This was to late . Immediately I blocked my bank account .
They call me over and over, don’t want to cancel my account or delete my personal data.
I don’t respond to their messages or phone calls anymore.
I have no way to defend myself because they refuse to delete my account
Ami me.paso el mismo…me estafarán con 250 euros…ahora peso mi dinero de vuelta y colocan mil escusas…mal parido
Ami tbien me estafaron con 250 euros pedí mi dinero de vuelta y ellos siempre colocando excusas, coloque nunca denuncia y envié pra elles la denuncia hoy me llamarán diciendo que en 3 días me reembolsan el dinero…quiero solo ver sii eh verdad…espero tener suerte
Valli …
Unfortunately, I saw a misleading advertising on FB on LibraMarkets. I deposited 250 €. Subsequently, the media reported that it was a scam and an unlicensed broker. This was to late . Immediately I blocked my bank account .
They call me over and over, don’t want to cancel my account or delete my personal data.
I don’t respond to their messages or phone calls anymore.
I have no way to defend myself because they refuse to delete my account
Yep same with me here in UK.
Fortunately I only allowed £250
But when I said I wanted to see how it worked before I invested the £1K they suggested, not able to access my account.
When they finally allowed me in, I requested close account and refund my card £250. Silly me, then I got constant calls from different numbers, but NO response to my emails.
FOREX deny all responsibility unless you are registered directly with them.
Have contacted the Fraud Police and others.
But not holding my breath
En español : LIBRA MARKETE es un grupo frofesional de la ESTAFA,todo el dinero que metas lo pierdes no vuelves a ver nada,lo tienen bien organizado y siempre actúan igual
Ojalá hubiera visto yo un mensaje como este antes de meter dinero.
En España ya existe un grupo de perjudicados y son muchísimos.
Sii yo soy de españa y me estafaron más ya denuncie…
En español : LIBRA MARKETE es un grupo frofesional de la ESTAFA,todo el dinero que metas lo pierdes no vuelves a ver nada,lo tienen bien organizado y siempre actúan igual,a mi me estafaron más de 2000 Euros
Ojalá hubiera visto yo un mensaje como este antes de meter dinero.
En España ya existe un grupo de perjudicados y son muchísimos.
I was actually sent an email, apparently from my friend in England , with the link about making money with bitcoin. It was the second email I d received, as I d only watched a current affair program on bitcoin and how much money some had made I decided to join. Within minutes of filling out the form I was called by a representative. Stupid me gave the aus$400 without any other paperwork emailed. My bank called me straight away, so we blocked my card , just incase. I then emailed my friend and told her that I d joined. With that time another representative called me.Lucky it was late in the day and NYE. After I got off the phone my ftiend had replied to my email, saying she never sent it and it s a scam. I ve reported it to the ACCC and not trying to get my money back from My charge back. Plus passwords. Suppose to get a call again on the 2/1.
Can t believe I was so stupid
Like many these Reports to have fallen fowl of this scam…I investment £250.00 to which I do not think I will ever see againI have continued to get in contact to close my account but without success.
I just cannot believe how stupid I was as only read the warnings when it was go late.
Libra Markets is unregulated broker you don’t want to deal with. Unless you want to lose your money. They are very kind, they reply to all email as long as you invest money. If you want to withdraw money – there are a lot of problems (suddenly there is a minimum trading period, there is even required trading volume but I didn’t get the information how much is that …). Even the advertising was misleading. Everything regarding them is a lie. I hope they’ll go to jail one day.
Libra Markets is dirty broker you don’t want to deal with. Unless you want to lose your money. They are very kind, they reply to all email as long as you invest money. If you want to withdraw money – there are a lot of problems (suddenly there is a minimum trading period, there is even required trading volume but I didn’t get the information how much is that …). Even the advertising was misleading. Everything regarding them is a lie. I hope they’ll go to jail one day.
Hola, a la vista de todo el comentario que, vengo le yendo, coda ved estoy más convencido, que he sido estafado por este grupo de estafadores, que no tienen escrúpulo para engañar a las personas de buena fe. El método empleado viene a ser siempre el mismo. Todo va bien hasta que decides RESCATAR FONDOS. En ese momento todo son pegas y rompen toda relación con el cliente.
Pregunto: hay en España alguna Organización encargada de denunciar a estos estafadores, de seria ponerme en contacto con ellos. Saludos
Juan Ramírez 17/04/2020
Good morning first, I apologize for my English, I do not speak it, but using the google translator I can at least make myself understood, I think.
I just want to tell you that I also invested in pound markets and they scammed me more than 5000 euros, I am Spanish. Unfortunately this money was my savings. I would also like to tell you that here we are more than 100 scammed and I would like to know if it is possible to make some type of group or platform so that together we can stop this fraud called libra markets. I mean to do lake legally.
which also as far as I have managed to understand are part of a larger group of companies (kontofx, uprofx, proufx and more companies dedicated to looting and scam)
I wait for some answer,
Carlos.
Hello,
I signed up to trade on the platform
Libra Markets
They contacted me first
Alexandra Marteen <[email protected]
and even later
Goran Edwir – LIBRA MARKETS
[email protected]
In the end, they emptied me – stole from the account for
€ 10,752.35
I am asking for advice and help on how you can return my money back to the bank or bank card
Greetings
Robert
It is so sad to read all of these negative testimonies about Libra Markets and yet they are allowed to operate unchecked.
I was scammed for €250 back in December 2019. I was hospitalised in January and was getting so many calls and WApp messages from Sam, Anthony, Sergei and so many more (no doubt all false names).
My account grew to nearly €500, in April when I asked to withdraw, suddenly my account went into -€9, never heard from them again and they certainly don’t reply to calls, WA messages or anything else.
These gangsters are unregulated and unscrupulous as to who they defraud (elderly, in firmed, vulnerable) .
STAY WELL CLEAR OF THESE CREATURES.
Please don’t this with this faking site. It’s a big scam.
Hello i lost 60000€ real Big Scam
please do not trade with this faking site. It’s a big SCAM
SCAM SCAM SCAM SCAM SCAM SCAM SCAM
WARNING
You’d better avoid investing in Libramarkets with a big bend, they also gradually lured € 2,250 from me, and when a person named David Johsua reports to you, it’s a fraud who will help you to have € 0 in your account.