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Larbor -

Score

1.24 /10
Danger

Larbor

France

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://larbofx.com/en

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Comparison

Quantity 4

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index4.94

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Larbor

Company Abbreviation

Larbor

Platform registered country and region

France

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Exposure

4 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

Basically the same as heying's operation, it should be the same fraud groups

I saw that some Hong Kong compatriots were also deceived, so I hope it can serve as a warning to everyone. If anyone knows any new information, please let me know. Thank you very much!

luciawong
2023-11-23 22:37
Others

I guess he's a liar!

A man who claimed to be of mixed Chinese and American descent added me and said that he was defrauded of 150,000 US dollars on this platform, and then strongly recommended a coin recovery company to me. The key point is that he asked me if I still have a U in my account? Liar!

luciawong
2023-11-29 01:11
Unable to Withdraw

I was induced to deposit US$250,000 but was not allowed to withdraw the money for various reasons.

download soontrade5 from the app store in hong kong (this app has been removed from the shelves in hong kong). at first, i used the broker gomax (this broker disappeared), and then i was asked to switch to another broker. Larbor . for the first time, i can deposit, trade and withdraw money normally. customer service will not let you cancel when you participate in the $100,000 newcomer activity; after completing the newcomer activity, customer service will say that no one else can deposit money on your behalf; after completing the $100,000 deposit alone, customer service will say that if you complete it overdue, you will need to deposit another $100,000 to increase your credit score; after completing the credit score improvement the customer service also said that the money in the account was black money and asked me to deposit another us$90,000 in risk reserves to show my innocence. the customer service did not provide any terms and conditions during the entire process. everything was decided by the customer service afterwards. during this period, they were constantly threatened that if the process was not completed, it would be illegal and subject to punishment. in the end, i didn't pay the deposit due to insufficient funds, and i didn't encounter any consequences that the customer service claimed would happen. the accounts entered are all private accounts opened by chinese people. after checking with the relevant hong kong authorities, they said they were shadow accounts, accounts used to illegally defraud property and launder money.

Trader9452
2023-12-01 08:57
Unable to Withdraw

change name from gomax Larbor continuously induce deposits but refuse withdrawals for various reasons

a man on ig said he found me on the recommender list. he spends a lot of time chatting with me every day, and his replies are quick and the content is very true. he persuaded me to do foreign exchange trading many times. under his guidance, i downloaded the software soontrade5 (now removed from the shelves) on the application platform, and used the broker gomax (now renamed Larbor ). for the first time, i can deposit money and trade normally and withdraw money immediately. after the second transaction was completed, he said he would complete a $100,000 newcomer activity with me. i said i had no money, and he said he would help me complete it. after participating, he said he didn't have that much money and asked me to get a loan. i immediately applied to customer service for cancellation but was rejected. i was threatened and intimidated that if i failed to complete the activity within 5 days, i would be fined for overdue fees and my personal tax would be affected. the letter will be sent to the international securities regulatory commission for processing. the man then made his first deposit, followed by two or three more. after i had no choice but to take out a loan to complete the event, the platform said that the newcomer event did not accept deposits from others and required me to complete the deposit of us$100,000 by myself. since the money is stuck in the platform account, i can only continue to borrow money. after the deposit was completed, the customer service said that because i completed the newbie activity overdue, the platform reputation points were insufficient, and i needed to increase the platform reputation points by 5 points within 7 days before i could withdraw money. 1 point for 20,000 us dollars, others can deposit money on your behalf. the man said he would lend me money to help me, but i had no choice but to continue the loan. after completing the deposit within the time limit, the customer service said that the man's deposit was black money, and asked me to pay a risk reserve of almost 100,000 us dollars to prove that i was not involved in money laundering. he also kept threatening that i needed to pay money, otherwise there would be overdue fines. , freeze the account and submit it to the international securities regulatory commission. at this time, i had nothing to borrow, and the man said he would find a way to borrow money. but in the end it couldn't be completed due to insufficient funds. apart from deducting money, the platform did not have any consequences it claimed would happen.

Trader9452
2023-11-23 13:35
Larbor · Company summary
Larbor Review Summary
FoundedWithin 1 year
Registered Country/RegionUnited States
RegulationNFA
Market InstrumentsN/A
Demo AccountN/A
LeverageN/A
SpreadN/A
Trading PlatformN/A
Min DepositN/A
Customer SupportEmail: support@larbofx.com

Larbor Information

Larbor is a brokerage company incorporated in the United States last year. While they are regulated by the NFA and offer support to customers via email support@larbofx.com.

Larbor Information

Pros and Cons

Pros Cons
Regulated by NFAInaccessible website
Lack of industry experience
Limited Customer Support channals

Is Larbor Legit?

Larboris unregulated right now.

User Reviews

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User comment

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Comments

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Arjun G
more than one year
Larbor seems alright. Their platform isn't bad, but it's not the flashiest either. It gets the job done, but might take some getting used to if you're coming from a more advanced platform, like metrader platforms.
Larbor seems alright. Their platform isn't bad, but it's not the flashiest either. It gets the job done, but might take some getting used to if you're coming from a more advanced platform, like metrader platforms.
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2024-07-11 10:12
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