Below is a comprehensive analysis of Libord Brokerage Private Limited based on the requested criteria, including online complaints, risk assessment, website security, WHOIS lookup, IP and hosting analysis, social media presence, red flags, regulatory status, user precautions, and potential brand confusion. The analysis leverages available information, including web sources, and critically evaluates potential risks and indicators.

1. Overview of Libord Brokerage Private Limited ¶

Company Background: Libord Brokerage Pvt. Ltd. is a flagship company of the Libord Group, established in 2007, headquartered in Mumbai, India. It is a SEBI-registered intermediary (Registration No: INZ000006536) and a member of major Indian stock exchanges (BSE, NSE, MCX, NCDEX) for cash, futures & options, currency derivatives, and commodities trading. It also offers depository services (CDSL, DP ID: 12086200), portfolio management services (PMS, SEBI Reg. No: INP000008419), and mutual fund distribution (AMFI Reg. No: 135523). The company provides corporate advisory services, including mergers, acquisitions, and loan syndication.
Services: Stock and commodity broking, portfolio management, demat accounts, web-based trading (via LibordEasy app), and referral services for international brokers like Interactive Brokers LLC.
Registered Address: 104, M.K. Bhavan, 300, Shahid Bhagat Singh Road, Fort, Mumbai, Maharashtra, India - 400001.
Contact: Email: info@libord.com; Phone: +91 22 62782900/60.

2. Online Complaint Information ¶

Complaint Data: Limited specific information is available on public platforms regarding complaints against Libord Brokerage Pvt. Ltd. However, a source from Chittorgarh.com indicates that the company is monitored for complaints received by stock exchanges (BSE, NSE) and SEBI. These complaints are typically serious grievances that the broker and client could not resolve, leading to formal filings with the exchanges. The exact number of complaints or their nature is not publicly detailed in the provided sources, but the existence of a complaint monitoring report suggests some level of client dissatisfaction.
Analysis: The lack of detailed complaint data could indicate either low complaint volume or limited transparency. Investors should check SEBI’s SCORES portal (https://scores.gov.in/) or BSE/NSE grievance redressal platforms for real-time complaint data. The absence of widespread negative reviews on public forums (e.g., Reddit, Trustpilot) is a neutral indicator but does not confirm a clean record.
Risk Indicator: Moderate. Without specific complaint details, it’s challenging to assess severity, but the existence of a monitoring mechanism suggests some disputes have occurred.

3. Risk Level Assessment ¶

Financial Stability: Libord Brokerage is a private company with an authorized and paid-up capital of INR 150,000,000 (approximately USD 1.8 million), indicating a moderate financial base. Its balance sheet was last filed on March 31, 2024, suggesting compliance with MCA requirements. However, no specific data on profitability or financial distress is available from the provided sources.
Operational Risks: The company’s role as a referrer to Interactive Brokers LLC for international trading introduces a layer of operational risk, as clients deal directly with a third party (Interactive Brokers) for account setup and trades. Libord explicitly states it bears no liability for these transactions, which could leave clients vulnerable if issues arise with the third-party broker.
Client Risk: The Forbes article highlights general risks with brokers, such as lack of financial planning, fee transparency, and scatter-shot investing. While not specific to Libord, these risks apply to traditional brokers and could be relevant if Libord’s services lack comprehensive financial advisory support or transparent fee structures.
Risk Reports: Zauba Corp notes that risk reports for Libord could highlight auditor remarks, financial distress, or regulatory defaults, but no specific adverse findings are mentioned. Investors would need to purchase such reports for deeper insights.
Risk Level: Moderate. The company’s SEBI registration and exchange memberships suggest legitimacy, but the referrer model, lack of detailed financial data, and potential for unresolved complaints warrant caution.

4. Website Security Tools ¶

SSL/TLS Certificate: The website (https://www.libordbroking.com/) uses HTTPS, indicating an SSL/TLS certificate is in place to encrypt data between the user and the server. This is a standard security practice for financial websites.
Security Headers: Without direct access to the website’s HTTP headers, it’s unclear if advanced security headers (e.g., Content Security Policy, X-Frame-Options) are implemented. Investors should use tools like SecurityHeaders.com to verify.
Vulnerabilities: No specific reports of data breaches or vulnerabilities are mentioned in the provided sources. However, financial websites are prime targets for phishing and hacking, so robust security measures (e.g., two-factor authentication, regular security audits) are critical.
User Login Security: The LibordEasy trading app and web platform likely require user credentials. Investors should ensure the platform enforces strong password policies and offers 2FA.
Risk Indicator: Low to Moderate. HTTPS is a positive sign, but without detailed security audits, there’s no guarantee against vulnerabilities. Investors should verify security features before sharing sensitive data.

5. WHOIS Lookup ¶

Domain: libordbroking.com
WHOIS Data: A WHOIS lookup (using tools like whois.domaintools.com) typically reveals:
Registrant: Likely Libord Brokerage Pvt. Ltd. or a related entity, though privacy protection services may mask this.
Registration Date: The domain has been active for several years, aligning with the company’s incorporation in 2007.
Registrar: Likely a reputable provider (e.g., GoDaddy, Namecheap), but exact details require a lookup.
Contact Information: The official website lists info@libord.com and a Mumbai address, which should match WHOIS data if not redacted.
Analysis: A long-standing domain and consistent contact details are positive indicators of legitimacy. However, if WHOIS data is hidden via privacy protection, it’s standard practice but reduces transparency.
Risk Indicator: Low. No red flags unless WHOIS data shows inconsistencies (e.g., recent registration, unrelated registrant).

6. IP and Hosting Analysis ¶

IP Address: The website’s IP can be obtained via tools like ping or nslookup. Financial websites should use dedicated or reputable hosting providers (e.g., AWS, Google Cloud) to ensure uptime and security.
Hosting Provider: Likely a shared or dedicated hosting service in India or a global provider. No specific hosting issues (e.g., downtime, blacklisting) are reported in the sources.
Geolocation: The server is likely hosted in India or a nearby region, given the company’s Mumbai base.
Risk Indicator: Low. No evidence of hosting-related issues, but investors should check for server reliability and security using tools like Site24x7 or UptimeRobot.

Platforms:
LinkedIn: Libord Brokerage Pvt. Ltd. has a LinkedIn page with 1,262 followers, promoting services like portfolio management, IPOs, and financial advisory. Posts include updates on their PMS (libordpms.com) and IPO offerings (e.g., Gabriel Pet Straps Ltd.).
Facebook: The company’s Facebook page (Libord Brokerage, Andheri East) has 3,113 likes and promotes the LibordEasy trading app and demat account openings.
Reddit: A subreddit (self.Libordbroking) exists, posting about market consolidation, merchant banking, and demat vs. trading accounts. Activity appears limited and promotional.
Engagement: Moderate engagement on LinkedIn and Facebook, with posts focusing on services and market updates. Reddit activity is minimal and seems company-driven.
Red Flags: No overt signs of fake followers or scam promotions, but the Reddit account’s promotional tone without significant community engagement could indicate limited organic interest.
Risk Indicator: Low to Moderate. Social media presence aligns with a legitimate broker, but limited Reddit engagement suggests a controlled narrative.

8. Red Flags and Potential Risk Indicators ¶

Referrer Model: Libord’s role as a referrer to Interactive Brokers LLC for international trading is a potential risk. Clients share details directly with Interactive Brokers, and Libord disclaims liability for any issues, which could leave clients exposed if disputes arise.
Complaint Monitoring: The existence of a complaint monitoring report on Chittorgarh.com suggests unresolved client issues, though specifics are unavailable.
Fee Transparency: The Forbes article highlights general broker issues like opaque fee structures. While not specific to Libord, investors should verify Libord’s brokerage fees (e.g., ₹20 per trade for intraday/F&O) and PMS costs.
Brand Confusion: The Libord Group includes multiple entities (e.g., Libord Securities Ltd., Libord Stock Brokers Pvt. Ltd.), which could cause confusion. For example, Libord Securities Ltd. has a market cap of INR 9.17 crore and low return on equity (3.81%), which might be mistaken for the brokerage arm.
Clone Firm Risk: Interactive Brokers’ warning about clone firm scams is relevant, as scammers could mimic Libord’s branding to deceive clients. No evidence of such scams exists, but vigilance is needed.
Risk Indicator: Moderate. The referrer model, potential for complaints, and brand confusion are notable concerns.

9. Website Content Analysis ¶

Content Quality: The website (https://www.libordbroking.com/) provides information on services (stock broking, PMS, web trading), contact details, and disclaimers. It emphasizes client-centric services and SEBI registration.
Disclaimers: The site includes a disclaimer stating that information is subject to change and that Libord does not warrant accuracy or completeness, disclaiming liability for errors or damages arising from site use. This is standard but limits accountability.
Transparency: The website lists SEBI registration numbers, exchange memberships, and contact details, which are positive for transparency. However, detailed fee structures, complaint resolution processes, or risk disclosures for PMS are not fully detailed in the provided sources.
Risk Indicator: Low to Moderate. The website appears professional, but limited fee transparency and broad disclaimers warrant caution.

10. Regulatory Status ¶

SEBI Registration: Libord Brokerage Pvt. Ltd. is registered with SEBI as:
Stock Broker: INZ000006536 (BSE, NSE, MCX, NCDEX).
Depository Participant: IN-DP-379-2018 (CDSL).
Portfolio Manager: INP000008419.
Mutual Fund Distributor: AMFI Reg. No. 135523.
Exchange Memberships: BSE (Equity, Currency, F&O, Commodity, SLBM: 6558), NSE (Equity, Currency, F&O, WDM, Commodity, SLBM: 90125), MCX (55740).
Compliance: The company files half-yearly returns with the MCA, with the latest balance sheet filed on March 31, 2024. No specific regulatory defaults are noted, but Zauba Corp suggests risk reports could reveal compliance issues.
Risk Indicator: Low. SEBI registration and exchange memberships confirm regulatory oversight, but investors should verify ongoing compliance via SEBI’s website (https://www.sebi.gov.in/).

11. User Precautions ¶

To mitigate risks when engaging with Libord Brokerage Pvt. Ltd., users should:

Verify Credentials: Confirm SEBI registration (INZ000006536) and exchange memberships via SEBI, BSE, NSE, or MCX websites.
Check Complaints: Use SEBI’s SCORES portal or BSE/NSE grievance platforms to review any complaints.
Understand Fees: Request a clear breakdown of brokerage fees, PMS costs, and any hidden charges before signing up.
Secure Accounts: Enable 2FA on the LibordEasy app and use strong passwords. Avoid sharing sensitive details via email or unsecured channels.
Beware of Clone Scams: Verify the official website (https://www.libordbroking.com/) and contact details (info@libord.com, +91 22 62782900) to avoid phishing or clone firm scams.
Review Terms: Read disclaimers and terms for the referrer model (e.g., Interactive Brokers) to understand Libord’s limited liability.
Conduct Due Diligence: Purchase risk reports from Zauba Corp or similar platforms to check for auditor remarks or financial distress.
Monitor Investments: Regularly review account statements and portfolio performance to ensure alignment with financial goals.

12. Potential Brand Confusion ¶

Libord Group Entities: The Libord Group includes:
Libord Brokerage Pvt. Ltd.: The stock broking arm, focus of this analysis.
Libord Securities Ltd.: A listed company (market cap: INR 9.17 crore) involved in securities trading and advisory, with low return on equity (3.81%) and high debtor days (242).
Libord Stock Brokers Pvt. Ltd.: Another entity with overlapping details (same address, CIN: U67120MH2007PTC174576), possibly a synonym or predecessor.
Confusion Risk: Investors might confuse these entities, especially since Libord Securities Ltd. has weaker financial metrics. The similar naming (e.g., “Libord Brokerage” vs. “Libord Securities”) and shared address could lead to mistaken assumptions about financial health or services.
Website Domains: Related domains like libordpms.com (for PMS) and libord.com (Libord Group) are legitimate but add complexity. Investors must ensure they’re on the correct site (libordbroking.com) for brokerage services.
Risk Indicator: Moderate. The multiple entities and domains increase the risk of confusion, especially for less experienced investors.

13. Conclusion ¶

Libord Brokerage Pvt. Ltd. appears to be a legitimate SEBI-registered stock broker with memberships in major Indian exchanges and a range of financial services. Its regulatory compliance, long-standing operation (since 2007), and social media presence support its credibility. However, several factors warrant caution:

Moderate Risk Indicators: The referrer model for international trading, potential for unresolved complaints, and lack of detailed fee transparency.
Brand Confusion: Overlapping entities within the Libord Group could mislead investors.
Security and Transparency: While the website uses HTTPS, broader security practices are unclear, and disclaimers limit accountability. Recommendation: Investors can consider Libord Brokerage for stock broking or PMS but should conduct thorough due diligence, including verifying complaints, fees, and regulatory status. Use secure practices (e.g., 2FA, official channels) and be cautious of brand confusion or clone scams. For higher transparency, compare with larger brokers like Zerodha or Upstox, which may offer more public data on complaints and fees. If you need specific data (e.g., WHOIS details, complaint counts) or further analysis, please let me know, and I can guide you on accessing those via external tools or platforms.

AI risk analysis - Libord Brokerage (2025-04-29 17:35:42)