LLB Alpha has been flagged by The Dutch Authority for the Financial Markets for "Fraud and Other Types of Misconduct". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from LLB Alpha . This company is a suspected boiler room, a form of online investment fraud. LLB Alpha has approached persons without being asked, to offer them investment proposals. A boiler room ... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://llb-alpha.com/en/.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. LLB Alpha said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Portfolio tracking tools|Full transparency|Regular platform improvements|Demo account available
Cons: Minor UI glitches occasionally|Onboarding videos are outdated
I referred a friend to LLB Alpha through a financial advisor. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Good analytical tools|Easy withdrawals|Real-time alerts|High security standards
Cons: Limited demo account features|None so far
Tried to withdraw my funds from LLB Alpha 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.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
LLB Alpha locked my account without warning and demanded documents I had already submitted. for roughly four months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Segregated accounts|High security standards
Cons: Charting tools need more indicators|Minimum deposit could be lower
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. LLB Alpha recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Multiple order types|Multi-currency support
Cons: Some tools only available on higher tiers|Charting tools need more indicators