LBinary Broker Review

Lbinarylbinary option broker is owned by Chelestra Limited, located at 5 Secretary’s Lane in Gibraltar. Lbinary was founded on February 1st, 2013. Lbinary can be reached in the UK at toll free UK: +44 8000 483 8507. Their number in the United States is (888) 882-0975.

In June 2014 they upgraded their trading platform to the new SpotOption 2.0 platform which gives traders better usability and easier trading options.

Lbinarys trading platform available in the following languages; English, Spanish, Russian, German, French, Arabic, and Italian. Most traders at LBinary are from the UK, Australia, New Zealand, and Canada.

Exclusive Offer: Receive A 100% Welcome Bonus – Sign Up Here

Lbinary offers traders a feature called iFollow which is their social trading community. iFollow gives traders the ability to follow other successful traders for trading ideas. Lbinary does not provide any auto-trading features based on the signals generated from other traders, but it is a very nice feature that is quite helpful, see it here.

Auto Trading Software

The most popular auto trading software that traders at LBinary use is the Binary Option Robot, see here. Read more about various signal providers here.

From time to time, they have a Risk Free Trades promotion, ask to speak with one of their account managers for more details about how you can receive your risk free trades.

When a new account is opened at Lbinary investors may receive a Sign Up Bonus of 100% of their first deposit. lbinary

It works like this; If your initial deposit is $500, Lbinary will match that and place with an additional $500, so that your binary option account with Lbinary will show $1,000 in your account. Many complaints about binary option brokers stem from a misunderstanding of the “bonus money” that brokers offer. There is an extensive article about withdrawal complaints that you can find here.

When investigating a binary option broker to determine if they are a legitimate brokerage firm or just another online scam. We look to see if a regulator like the CySEC in Cyprus gave them a license. We also look to see if they are included in the MIFId regulatory rules in the European Union (EU)?

LBinary is not yet regulated but they have started the process of getting a license. They no longer accept traders from the United States!

Compare LBinary With These Brokers

BeeOptions Review
Boss Capital Review
GOptions Broker Review

LBinary Options Broker

 

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  • hope2321

    I joined LBinary a few months ago. My Broker was Tony and the manager was Kareem. They were both using my account. When i started they informed me that I am able to withdraw anytime (Biggest Lie). Last week, my account went up to $10107 and i decided i wanted to withdraw, except i was denied the withdraw, and i was told i was given a bonus so my account is locked. I never approved any bonuses so i dont know why they would still give me one despite the fact i never approved any. I e-mailed both the manager and the broker on several occasions to stop using the account, as i wanted full control of my account. I have these e-mails to prove that. On January 14th, i woke up with an account of $7. When i contacted the broker and the manager, they ignored me. I also contacted the customer service office and they also ignored my call. This company is a total scam, they gave me a bonus without my approval, they used my account despite the fact that i requested them no to, and they made sure i lost every penny so they wont give me anything.