Cryptocurrency Exchanges

London Block exchange/LBX

1.6 (9 reviews)
🇬🇧 United Kingdom
Visit Website
1.6
9 reviews
5
0
4
0
3
0
2
5
1
4

About London Block exchange/LBX

London Block exchange/LBX has been flagged by Financial Conduct Authority 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.

Customer Reviews

Write a Review

Education is just sales pitch

A
Andrew V.
3 days ago

London Block exchange/LBX 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: Customizable dashboard|Economic calendar

Cons: Research section could be deeper|Nothing significant

Important information for potential investors

S
Sophia P.
4 months ago

I looked into London Block exchange/LBX and found they appear in the regulatory warnings database. Financial Conduct 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: Appears in regulatory warnings database|Uncertain regulatory status

Terrible in every aspect

S
Sophia R.
4 months ago

My card was charged twice by London Block exchange/LBX on the same day. I had to dispute it with my bank. London Block exchange/LBX then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Professional team|Multiple order types

Cons: Research section could be deeper|Mobile app could be improved

Unacceptable level of service

A
Aiden W.
4 months ago

After for a few weeks now with London Block exchange/LBX 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: Clear documentation|Regular platform improvements

Cons: Slow to add new assets

Extremely poor support experience

D
Danielle K.
4 months ago

The platform at London Block exchange/LBX is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about eight months of dealing with this, I have had enough.

Pros: Clear documentation|Wide product range|Great customer service

Cons: Withdrawal takes 1-2 business days|Nothing significant

Scam alert - They took my money

R
Rachel O.
6 months ago

I was contacted by London Block exchange/LBX through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Cons: Blocked my account|No legitimate license|Fake returns

Charting is from 2010

K
Kimberly N.
7 months ago

I experienced a security concern with my London Block exchange/LBX account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

Pros: Instant funding|High security standards

Cons: No integrated tax optimization|Could offer more webinars

No TradingView integration

T
Tyler H.
10 months ago

I joined London Block exchange/LBX based on a colleague's recommendation and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Dividend tracking|Two-factor authentication|Wide product range

Cons: Mobile app could be improved|Limited cryptocurrency options

Proceed with extreme caution

N
Nathan B.
10 months ago

I was about to invest with London Block exchange/LBX but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Pros: Website looks legitimate on the surface

Cons: Listed in warning databases|No transparency|Pressure to invest quickly