LibreHoldings.com Review: Beware of Libre Holdings
Libre Holdings begun to operate as a “broker” in June 2022. They set up LibreHoldings.com and begun hustling investors $1,000 in minimum deposit. Problem is that this broker is a fraud operated by faceless individuals hiding behind the thin veil of the internet. Since the day of launching this phony site, a lot of people have lost a fortune, and if you’re a victim of this type of fraud, your solution to recover your money can be found on this page.
This review is a detailed overview of Libre Holdings, and we’re going to give you solid reasons why you should never trust this broker with your funds.
Libre Holdings review and overview
The broker does not disclose executive information on their website because they prefer to maintain some level of anonymity.
We need to ask why?
In some random online records that we stambled upon, we saw that Libre Holdings is operating out of the UK.
In the spirit of maintaining secrecy, the scammers running this entity decided to withhold this information from their website.
In a nutshell, we’re dealing with a broker that does not want to disclose information such as company name (the entity behind the website), contact details or even a physical address.
Ask yourself why?
Marketing materials that promote Libre Holdings highlight several ‘advantages’ of trading with LibreHoldings.
The broker claims that their execution is in nano seconds and their trading platform comes with efficient trading tools and features.
The scammers continue to boast that this platform has attracted ‘millions of customers’ and that their support is available 24/7.
Such marketing mumbo jumbo is meaningless, considering that the material is coming from a non-transparent broker who runs his site disregarding issues that need to be addressed.
As a matter of fact, the statements that appear on the LibreHoldings.com is just hot air. No substance and no committment to ensuring that those promises will be fulfilled.
Is Libre Holdings regulated?
Despite the broker painting a positive picture to its image, issues to do with licensing cannot be swept under the carpet.
LibreHoldings.com may run away from these issues but they can’t hide.
Remember that this broker has refused to disclose their country of operation. It forced us to dig a little bit in order to find reference of their name in relation to the country UK.
In the UK, the FCA is the financial regulator of all Forex and CFDs brokers.
Why Libre Holdings is not registered with the FCA is not a question that catches us by surprise, given the anonymous nature of the folks who run the scheme.
Is FCA authorization something that is a Must-have for a broker to be trusted?
Yes of course, it is. Without this authorization, brokers won’t comply with industry standards that ensure traders funds are safe.
Therefore, an unregulated broker such as LibreHoldings.com will not use segregated accounts to keep your money.
Instead, all the deposits will be channelled into the company’s own bank accounts and on several occassions, they’ll use your money as operational capital.
But the worst part is yet to come!
How LibreHoldings.com is going to scam you
The worst that we talked about earlier is something that’s related to how they handle your trades.
There’s nothing like LibreHoldings.com being a good broker that has your best interest at heart.
This broker will be secretly controlling your trades just like TradeVision365, Exteom and Rubix FX.
The meaning of a CFDs brokerage is that this broker is not routing your trades to the global financial exchanges but rather taking the opposite sides of your trades.
The market is solely composed of two participants — you and the broker.
Since they’re unregulated and not subject to auditing activities, a broker like LibreHoldings will engage in all kinds of underhand tactics to ensure that you can fail and not make money from their platform.
If you’re somehow lucky to beat them, the broker will not hesitate to suspend your account citing excuses like “you are using unnacceptable trading strategies which are prohibited on our platform”.
This suspension normally carries a loss because it means freezing of your assets on this broker’s platform.
This is where you’ll need a professional money recovery service since conventional ways (such as submitting a request to withdraw whatever profit is available) never work.
Wrapping it up
This broker is as dangerous as any other phony financial service that seeks to take advantage of the financially vulnerable.
Identifying these scams is very easy — it starts with simple things.
The fact that no contact page was provided tells you that this broker is lying whenever they claim to offer excellent support 24/7.
We advise you to stay away from this scam as it could easily sink you into financial depression.
The guys at LibreHoldings don’t care and they don’t love you. Are we together?
Carolyn Brown
Too bad I did not do my research before hand. I lost more than 50K to LibreHoldings! I am financially depressed! They are thieves!scammers! they will burn in hell for the many they have stolen from. Although I am still able to log into my account and see the money. I cannot withdraw my money because they have frozen my account.
Cindy Gomien
😦 They did the same to me .. I’m sorry for your loss mine wasn’t as much but stings just the same. Spread the word on the Internet about these bastards!! They will answer their maker one day!!
Luc de Lombaert
There is approx. 9500 $ in my libreholings account (free). All went well until I tried do make a withdrawal, suddenly I had to put more money on my account in order to liberate the funds. They call a couple times every week and try to convince me to put more money on my account because otherwise it is not possible to wire the money back.
Michelle H
Same Bullshit Tactic that they pull with those that want to withdraw funds. They are SCAMMERS.
In the same boat as you unfortunately.
They have another website now: https://suretradegroup.com/libre-holdings/#
SCAMMERS – SCAM – SCAM
David L
Libre Holdings Ltd is a sham fraudulent illegal phony “trading” platform. The website is manipulated and the numbers are fake.
It was dissolved on 20 November 2018 and illegal entity according to FCA regulation – “FCA establishes Temporary Registration Regime for cryptoasset businesses”, It says “New businesses (who began operating after 10 January 2020), are required to obtain full registration with the FCA before conducting business. ”
According to the domain search, http://www.libreholdings.com starts alive on – 2022-06-24. It is an ILLEGAL entity based on FCA rule. Also Libre Holdings has NO connection with UK at all!
Search the posting “Libre Holdings Ltd is a sham fraudulent illegal phony “trading” platform” at Trust Pilot website for step by step procedure to prove Libre is a scam website.
David L
CONFIRMED! Libre Holdings Ltd is a sham fraudulent phony “trading” platform.
Updates of investigation of Libre Holdings Ltd – Allegation confirmed by UK Gov!
On April 25, 2023, Financial Conduct Authority (FCA) of UK responded, OFFICIALLY, to my request to investigate Libre Holdings Ltd after submitting a preliminary investigation report and supporting documents. The official reply reads
“I’ve been unable to locate firms called Libre Holdings Ltd or the Crypto Conduct Authority which means they’re not authorised by us – these bear the hallmarks of a scam. “
Also, a separate investigation was completed by domain provider TUCOWS iNC. I was officially notified by compliance officer that
“the domain of Libre Holdings Ltd is now suspended INDEFINITELY due to fraud.”
If the viewers are of no idea of what I am talking about, pls follow my previous reviews (12 in total) or search “Libre Holdings Ltd is a sham fraudulent phony “trading” platform” for more details at http://www.Trustpilot.com.
All investors duped by Libre Holdings Ltd need to file the claim with local law enforcement agencies and spread the words. They will build the case and coordinate with other parties and private blockchain intelligence firms to investigate and trace the whereabouts of the stolen money and will hold the perpetrators accountable for their illegal activities.
Let us work together!
Michelle H
SCAMMERS – Libre Holdings is nothing but a SCAM.
I have been SCAMMED of the funds regardless of asking to Withdraw the Entire Amount and Close OUT the Account with Libre Holdings since the end of March 2023. Unfortunately, I did not do my research thoroughly.
The only thing that the Account Manager was good to do, was to always do another Money Transfer in using AnyDesk and saying that this is how it needs to be done if I want to get my funds back.
Now there initial website is no longer accessable – https://www.libreholdings.com/Home… SCAM