LIBRA Capital LLC dba LIBRA (no relation to LIBRA CAPITAL L.L.C. - New York Department of State ID 2123028) has been flagged by British Columbia Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
LIBRA Capital LLC dba LIBRA (no relation to LIBRA CAPITAL L.L.C. - New York Department of State ID 2123028) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Copy trading available|Demo account available
Cons: Limited demo account features
I had high hopes for LIBRA Capital LLC dba LIBRA (no relation to LIBRA CAPITAL L.L.C. - New York Department of State ID 2123028) through my accountant's suggestion, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Multi-currency support|Great customer service|Educational resources
Cons: Website design could be more modern
Several red flags with LIBRA Capital LLC dba LIBRA (no relation to LIBRA CAPITAL L.L.C. - New York Department of State ID 2123028): (1) They promise unrealistically high returns, (2) They're not registered with British Columbia Securities Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
KYC with LIBRA Capital LLC dba LIBRA (no relation to LIBRA CAPITAL L.L.C. - New York Department of State ID 2123028) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Dedicated account manager|Intuitive for beginners|Multi-currency support|Detailed reporting
Cons: Limited social trading features
LIBRA Capital LLC dba LIBRA (no relation to LIBRA CAPITAL L.L.C. - New York Department of State ID 2123028) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Regular platform improvements|Copy trading available|Dividend tracking|Customizable dashboard
Cons: Email notifications too frequent
I want to warn everyone about LIBRA Capital LLC dba LIBRA (no relation to LIBRA CAPITAL L.L.C. - New York Department of State ID 2123028). They have been flagged by British Columbia Securities Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics