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Verdict4.1 / 5

LBX Review

Overview

Unique Selling Points Part of the Established Libertex Group LBX operates under the umbrella of the Libertex Group, which has been serving traders globally since 1997. The company’s...

Unique Selling Points 

Part of the Established Libertex Group 

LBX operates under the umbrella of the Libertex Group, which has been serving traders globally since 1997. The company’s association with Libertex brings industry experience, multiple international awards, and a proven track record. The Libertex Group has won prestigious awards, including Best CFD Broker - Colombia (Rankia Markets Experience Awards, 2026) and Best IB Programme (World Finance, 2025). The group also sponsors Audi Revolut F1® Team.  

Extremely Low Barrier to Entry 

LBX stands out with its remarkably low $20 minimum deposit requirement. This makes professional trading accessible to beginners and those wanting to test the broker's services without significant capital commitment. Most brokers require minimum deposits of $100 to $250 and sometimes even more, so LBX's $20 threshold significantly lowers the entry barrier. On top of that, there is a free demo account you can use to test your strategies without putting your funds at risk. The demo account is particularly helpful if you want hands-on experience with the offered trading platforms.  

Ultra-Fast Withdrawals 

One of LBX's most impressive features is its withdrawal processing. The broker claims that 93% of eligible withdrawal requests are approved automatically, with the option to withdraw funds  24/7. This is a major advantage over many brokers that have lengthy processing times. Most brokers can take a few days to 2 weeks for withdrawals. The instant withdrawal capability provides traders access to their funds right when they want to. 

High Leverage for Maximum Trading Flexibility 

With leverage up to 1:1000 on both account types, LBX provides significant upside potential for seasoned traders. On the flip side, high leverage can also cause major losses to non-profitable traders. LBX’s high leverage is particularly attractive to traders in regions where such levels are permitted and who understand proper risk management. The broker also provides negative balance protection to safeguard traders from losing more than their account balance. 

Focus on Emerging Markets 

LBX specifically tailors its services for Latin American and Southeast Asian markets. It is evident from the company’s localized support, faster deposit methods for these regions, and multilingual customer service. The broker is available in English, Spanish, Thai, and Vietnamese.

Countries+190
DevicesAndroidAppleWindows
Minimum deposit $20Bonus Welcome Bonus by LBXWithdrawal fee $0Deposit fee $0Max insured No

Our Verdict 4.1 / 5

Commissions & Fees4.1 / 5
Deposit & Withdrawal4.1 / 5
Customer Support4.1 / 5
Account Opening4.1 / 5
Regulation & Safety4.1 / 5

Pros

  • Part of Trusted Libertex Group: LBX is operated by MAEX LIMITED and is part of the reputable Libertex Group with 28 years of experience in the financial markets.
  • Extensive Range of Tradable Assets: Access to forex, equities, metals, indices, index futures, bonds, commodities, energies, and cryptocurrencies.
  • Popular Trading Platforms: Full access to both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms on desktop, web, and mobile devices (Android and iOS).
  • High Leverage and Ultra-Low Spreads: Leverage of up to 1:1000 available for both Standard and Raw Spread account types. Raw Spread Account offers spreads starting from 0.2 pips on major currency pairs. Standard Account has spreads starting from 1.6 pips.
  • Extremely Low Minimum Deposit: Start trading with just $20, one of the lowest minimum deposits in the industry, making trading easily accessible to new traders.
  • Zero Commission on Standard Account: The Standard Account is completely commission-free, with costs built into the spread.
  • 24/7 Multilingual Support: Customer service available around the clock in multiple languages through live chat, email, and phone.
  • Copy Trading Available: Copy successful traders' strategies through the copy trading feature.

Cons

  • Limited Educational Resources: Educational content is not as extensive compared to other established brokers.
  • New Broker: LBX launched in 2024, making it a relatively new name.
  • High Leverage Risk: The high leverage (up to 1:100) can significantly increase the risk of losses for inexperienced traders.
  • Regional Focus: The broker primarily targets Latin America and Southeast Asia markets, which may limit features or support for other regions.

General details

Introduction 

LBX is a recently launched online brokerage from the reputed Libertex Group that has 28 years of history as CFD brokers. The company is operated by MAEX LIMITED and regulated by the Financial Services Commission (FSC) of Mauritius under license number С118023400. The company is the newest brand from the Libertex family with offerings tailored for South East Asian and Latin American markets. 

The broker offers a solid range of CFD products across multiple asset classes, including major, minor, and exotic forex pairs, equities, bonds, metals, indices, index futures, commodities, energies, and cryptocurrencies. Traders have a very low barrier to entry with this broker as the initial minimum deposit is set to only $20. Despite the low initial deposit, the broker does not cut corners when it comes to offering powerful professional tools and platforms (MT4 and MT5) that seasoned traders demand. 

Other offerings from LBX like a very high leverage of 1:1000, low spreads (starting at 0.2 pips to 1.6 pips depending on trading account type), and access to copy trading strategies. The company is licensed and regulated by the Financial Services Commission (FSC) of Mauritius and is backed by the highly reputable and regulated Libertex Group, which adds trust to this new name. 

Supported Countries 

LBX primarily targets emerging markets, with the focus being on the SEA and South American region. In addition to those, the broker is also available in other regions where the local and international regulations allow trading. As per the company’s website, there are also many countries where the broker’s services are prohibited due to their domestic regulations. These countries and regions include: 

  • United States 
  • United Kingdom 
  • European Union countries 
  • Canada 
  • Australia 
  • New Zealand 
  • Japan 
  • Countries under OFAC sanctions (Iran, North Korea, Syria, etc.) 

Note: The list of supported and restricted countries can change in future, based on regulatory developments. Traders should verify their country's eligibility directly with LBX by visiting their website or contacting customer support before attempting to open an account. 

Average Customer Ratings 

A risk-free approach to see if a broker is good or not is by looking at the reviews from other traders. Oftentimes, customer reviews can bring underlying issues or underrated advantages to your attention. That’s why we highly recommend looking at the reviews other customers have shared here. If you are a client of one of the brokers on our website, please share your experience in our reviews section so other traders can make informed decisions. 

At the time of writing this review, LBX has very few reviews on the platform. It is mainly because the company recently started its operations. However, the company does respond to all customer reviews (both positive and negative). 

Trading Platforms 

LBX provides access to the two most popular trading platforms in the industry named MetaTrader 4 and MetaTrader 5, ensuring traders have professional-grade tools regardless of their experience level. 

MetaTrader 4 continues to be a preferred platform among traders for its intuitive interface and robust performance. Its core appeal lies in its advanced charting tools with multiple timeframes, over 30 built-in technical indicators, and seamless one-click trading. MT4 supports various order types and offers automated trading via Expert Advisors (EAs). You can use this trading platform via desktop, web, and mobile which gives you a lot of flexibility to trade from wherever you are. 

MetaTrader 5 belongs to a new generation with more capabilities, sophisticated tools, and advanced features. These additional tools include an integrated economic calendar, additional pending order types, and Depth-of-Market (DOM) functionality. In comparison to MT4’s 30 built in indicators, MT5 has 38 indicators as well as plenty of custom technical indicators. Like its predecessor, the platform is accessible over a number of desktop, web, and mobile devices.

Leverage and Spread 

LBX offers high leverage options suitable for experienced traders who understand the associated risks. For new traders who do not understand the associated risks, 1:1000 leverage can be rather high. But for seasoned traders who prefer automated trading strategies, a high leverage can amplify profits. It is important to note that the leverage is variable and differs across tradable instruments. For example, the leverage on cryptocurrencies is significantly lower because of their high volatility. 

LBX provides competitive spreads on two different account types to cater to different trading styles. The Standard Account gives you spreads starting from 1.6 on major forex pairs with zero commissions. This account offers fairly transparent pricing, as there are no other fees applicable. It is a great option for traders who want straightforward conditions.

On the other hand, the Raw Spread account offers ultra-tight spreads that are as low as 0.2 pips. It is important to note that this trading account charges you a fee for every lot traded. But low spreads make it a great option for trading strategies like scalping for high-volume traders.

Customer Service 

Customer service is one of the main deciding factors for many traders when it comes to choosing a broker. A good support can help you from a lot of frustration, whereas a bad one can do the opposite. Therefore, the quality of support is something you should always prefer in a brokerage. 

LBX, being a part of Libertex, offers great 24/7 customer service. The company offers customer service via phone, live chat, online form, and email. Alternatively, you can email the company at [email protected]. Depending on your location, you can also call LBX at the following contact number:

Argentina: +54 341 529 0536

Thailand: +66 97 531 0838

Vietnam: +84 28 7309 1720

Besides the availability, a standout feature of LBX customer service is the fact that it is available in 4 languages besides English (Spanish, Thai, and Vietnamese). 

Lastly, there is a Help Center where you can find FAQs and guides. This addition is especially a great option for those who prefer finding answers on their own. 

Deposits and Withdrawal Methods 

LBX provides flexible and convenient funding options tailored to its target markets in Latin America and Southeast Asia. The company offers many universal and regional payment methods traders from target markets can use. The following are the available options you can use: 

Bank cards (credit/debit - Visa, Mastercard) 

Bank wire transfers 

Local bank transfers (region-specific) 

E-wallets (Skrill, Neteller) 

Cryptocurrencies (USDT, Bitcoin, and other select cryptos) 

LBX does not charge deposit or withdrawal fees. However, third-party payment platforms may have their own fees. 

The trading currencies traders can use on the platform include USD, THB (Thai Baht), VND (Vietnamese Dong), USDT, BTC, and other regional currencies.

Key features of LBX include an instant withdrawal system with 93% of requests approved automatically, 0% deposit and withdrawal fees. The minimum withdrawal amount is $10. Base currency: USD.

Company Details 

LBX is a broker operated by MAEX LIMITED and is registered in the Republic of Mauritius under registration number 158250 C1/GBL. The broker is licensed by the Financial Services Commission (FSC) of Mauritius with licence number C118023400. The company is a part of the LBX Group with 28 years of industry experience. LBX is, however, a new broker that was launched in 2024. The company also has a representative office in Colombia (authorized by Superintendencia Financiera de Colombia) and is constantly expanding across Latin America and Southeast Asia.

LBX is an offshore regulated broker, but part of the Libertex Group that has many reputable regulations. An offshore regulator allows more lenient trading conditions and trading features like automated trading strategies and a high leverage. On the flipside, the company does not offer investor protection programs and lacks strict oversight.

Lastly, as part of the Libertex Group, the company is the Official Online Trading Partner of the Audi Revolut F1® Team.

Conclusion 

LBX is a promising new broker backed by the reputable Libertex Group's industry experience. The broker brings several useful features to emerging markets, particularly in Latin America and Southeast Asia. A low barrier to entry with $20 minimum initial deposit, low spreads, high leverage, and industry-leading MetaTrader 4 and 5 trading platforms. The broker offers a decent range of tradable assets over forex, equities, bonds, crypto, commodities, indices, index futures, energies, and metals. The deposit and withdrawal methods, different regional currencies, and no fees on withdrawals and deposits make it a solid option to explore for Latin America and SEA-based traders.

Type of accountsUnlimited Demo AccountsStandard AccountsRaw Spread Account
Trading platformsMetaTrader 4MetaTrader 5
Execution modelMarket Execution
Deposit currencyUSDTHBVND
Regulatory complianceFSC
Deposit payment systemsVisaMasterCardCredit CardsDebit CardWire TransferSkrillNeteller
Withdrawal payment systemsVisaMasterCardCredit CardsDebit CardWire TransferSkrillNeteller
Support languagesEnglishThaiVietnameseSpanish
Auto tradingExpert Advisors (EAs)
Contact details[email protected]+54 341 529 0536

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Accounts

Like most brokers, LBX caters to many types of traders. Where some accounts are more beginner-friendly, others could be better suited for seasoned traders. The division of accounts can be based around leverage, spreads, trading volume, trading fees, and other features. 

LBX offers two live trading accounts and one demo account. You can find their details in the table below: 

 

Feature

Standard Account

Raw Spread Account

Demo Account

Minimum Deposit

$20

$20

Free

Spreads

From 1.6 pips on major currency pairs

From 0.2 pips (ultra-tight, institutional level)

Simulated pricing

Commission

Zero commission (costs built into spread)

Small commission per lot traded

None

Leverage

Up to 1:1000

Up to 1:1000

Simulated

Platforms

MT4, MT5 (desktop, web, mobile)

MT4, MT5 (desktop, web, mobile)

MT4, MT5

Features

Negative balance protection, Expert Advisor support, access to all instruments

Direct market access pricing, negative balance protection, Expert Advisor support

$50,000 virtual funds, replicates real market conditions, unlimited use, access to all instruments

Best For

Beginners, casual traders, those who prefer commission-free trading

Scalpers, day traders, high-frequency traders, large-volume traders

New traders, strategy testing, experienced traders evaluating platform execution

LBX bonuses and promotions

All LBX offers (2) →

LBX compared with alternative brokers

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Highlights
  • 24/7 Multilingual Support
  • Mobile Trading
  • 24/7 Instant Deposit and Withdrawals
  • Specialized trading accounts
  • 24/7 instant money withdrawal
  • Free VPS hosting
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • Copy and Social Trading
  • Very Low Minimum Deposit
  • Multi Tier-1 Regulated Broker
Overall verdict4.1 / 54.9 / 54.8 / 54.8 / 54.8 / 5
Minimum deposit$20$10$5$10$5
Maximum leverage1:10001:20001:10001:20001:1000
Withdrawal fee$0$0$01%$0
Deposit fee$0$0$0$0$0
Safety4.1 / 55 / 55 / 54.8 / 54.8 / 5
Top-tier regulatorsNoFCA, CYSECCySEC, FSCA, DFSANoYes
Investor protectionNoNoYesYesYes