Lbank-T has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I wanted to transfer my portfolio from another broker to Lbank-T. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Regular platform improvements|Responsive team|Educational resources
Cons: Mobile app could be improved
I looked into Lbank-T and found they appear in the regulatory warnings database. Financial Markets Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Pros: Information is publicly available for verification
Cons: Flagged by international regulators|Due diligence required
After since the beginning of the year with Lbank-T I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Reliable uptime|Portfolio tracking tools|Great customer service|Risk management tools
Cons: Limited ETF selection
I have been trying to close my account with Lbank-T for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Good analytical tools|Customizable dashboard|Wide product range|Excellent charting
Cons: Email notifications too frequent|Minimum deposit could be lower
Do not use Lbank-T for anything serious. I used them for the past six months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Demo account available|Helpful community forum|Comprehensive tools|Tax reports included
Cons: Live chat only during business hours|Minor UI glitches occasionally
After seeing ads for Lbank-T online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Unauthorized firm|Found in IOSCO warnings database
The so-called education at Lbank-T is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since I retired last year thinking they would help me learn.
Pros: Copy trading available|Segregated accounts|Helpful community forum
Cons: No dark mode on mobile
The platform itself is okay, but the customer service at Lbank-T is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Easy to use platform|Real-time alerts|Regular platform improvements|Dividend tracking
Cons: Wish they had more educational resources|Mobile app could be improved
Tried to withdraw my funds from Lbank-T and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I gave Lbank-T a fair chance. After since mid-2025 of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Educational resources|Great customer service|Good mobile app|Instant funding
Cons: Website design could be more modern