Analysis of LBC Capital Company
In recent years, a large number of brokers have appeared on the financial market. Many of them make promises, but only a few confirm their words with actions. To avoid getting involved with scammers like LBC Capital, carefully study all available information about them and pay attention to aspects that may seem insignificant.
Claims about the Company
The company LBC Capital, founded in 2015, is a trading platform created in the image and likeness of other representatives of the Forex market. The platform’s founder was a former partner of LBC Capital Partners LLC, which ceased to exist 4 years ago. The main office is located in London, while the company has no representation in Russia.
According to information from the official website, the broker employs 300 specialists in the field of the stock and commodity markets. The company focuses on working with Russian and American traders and aims to increase its influence on European traders.
Attractions of LBC Capital
LBC Capital offers eight trading platforms, including three terminals:
- Web Trader – for real-time trading operations,
- PC Trader – a Windows application,
- Mobile Trader – for mobile devices.
The company’s specialists offer trading in indices, commodities, bonds, currency pairs, American, and Russian stocks.
LBC Capital offers three investment options:
- MODERATE for beginners,
- WELL-BALANCED for experienced traders,
- ADVANCED for experienced traders with the option of combining stocks.
Distinctive Features of LBC Capital
The company claims that its website is available in Russian and English and that it has a compliance certificate from the financial markets regulation center. In addition, LBC Capital asserts an award for best customer service, although there is no evidence to support this fact.
The service creators emphasize the beautiful exterior and impressive numbers, but their credibility remains questionable.
Signs of Broker’s Suspicious Behavior
An increasing number of negative reviews about the company LBC Capital may raise doubts. Wirsol LTD, the platform owner, actively encourages investment, promising passive income.
Maintaining the appearance of caring for customers and providing personal traders for each can lead to financial losses and disappointment.
Key Features of the Scam
- Seeking potential clients through cold calls and spam.
- Psychological pressure on the client to invest a minimum amount in the portfolio.
- Using a personal “experienced trader” who guides the client but actually leads to financial loss.
- Withdrawing only part of the client’s earned funds.
- Active urging to top up the balance with large sums.
- The process ends with loss of money and trust in the broker.
Recommendations
Despite the beautiful packaging, company LBC Capital may be a scam project. Collaborating with them can only lead to disappointment and loss of funds. Be vigilant in financial transactions.