General Information
What is Liquid FX?
Liquid FX, a brokerage firm registered in Saint Vincent and the Grenadines, regulated by ASIC, offers a variety of trading instruments across different asset classes.Liquid FX provides its clients with the popular MT5 trading platform, known for its robust features and user-friendly interface. Liquid FX offers four live account types, each with its own unique features and benefits. They provide a maximum leverage of 1:500, allowing traders to amplify their trading positions.
Pros & Cons
Is Liquid FX Safe or Scam?
The Australia ASIC license (license number: 001302232) indicates that this broker is regulated.
Market Instruments
Liquid FX offers a comprehensive selection of market instruments across several asset classes. Here is a breakdown of the different market instruments available:
Currencies: Liquid FX allows trading in various major and minor currency pairs. Traders can engage in the foreign exchange market and take advantage of currency fluctuations.
Indices: Liquid FX provides access to a wide range of global indices, allowing traders to speculate on the performance of specific industries, markets, or economies as a whole.
Commodities: Traders can trade commodities such as gold, silver, oil, natural gas, agricultural products, and more. Liquid FX allows investors to take positions on the price movements of these physically traded goods.
Shares: Liquid FX offers trading opportunities in a diverse range of shares from various international stock exchanges. Traders can invest in individual companies and benefit from the potential growth or decline of their share prices.
Cryptocurrencies: Liquid FX facilitates trading in cryptocurrencies like Bitcoin, Ethereum, Litecoin, and other popular digital assets. Traders can capitalize on the volatility and potential profit opportunities within the cryptocurrency market.
Accounts
Liquid FX offers four live account types, each with its own features and benefits. Here are the details:
The ZERO account is designed for traders looking for tight spreads and fast execution. It offers zero commissions on various trading instruments. This account type does not require a minimum deposit.
The GOLD account is suitable for traders who prefer a more comprehensive trading experience. It offers competitive spreads, access to a wide range of trading instruments, and additional features like personalized support. The GOLD account requires a minimum deposit of $100K.
The ECN account is designed for traders who prioritize direct market access and deep liquidity. It provides tight spreads, fast execution, and the ability to place trades directly with liquidity providers. The ECN account does not require a minimum deposit.
The RAW account is tailored for advanced and professional traders. It offers raw spreads from liquidity providers, ultra-fast execution, and a transparent trading environment. The RAW account does not require a minimum deposit.
Leverage
Liquid FX offers a maximum leverage of 1:500, which is a significant advantage for traders. Leverage is a tool that allows traders to control larger positions with smaller amounts of capital. It essentially magnifies the trader's buying power in the market.
Spreads & Commissions
Liquid FX offers spreads across its various account types. The spread refers to the difference between the buying and selling prices of a currency pair, and it represents the cost of trading for the trader.
- For the ZERO account, Liquid FX offers a spread starting from 1.2 pips. This means that the minimum difference between the buying and selling price of a currency pair is 1.2 pips. This account type does not charge any commissions per lot, making it an attractive option for traders who prefer having no additional transaction costs.
- For the GOLD account, on the other hand, offers a narrower spread starting from 0.3 pips. Traders with this account can benefit from tighter spreads, which can potentially reduce trading costs. This account type charges a commission of $4 per lot, meaning that for each trading position opened or closed, a fixed commission fee of $4 is charged.
- For the ECN and RAW accounts, Liquid FX provides even tighter spreads starting from 0.8 pips. These accounts are designed for more active and experienced traders who value competitive pricing and direct market access. Both the ECN and RAW accounts charge a commission per lot starting from $8.00. This means that for each lot traded, a commission fee of at least $8.00 is applied.
Below is a comparison table about spreads and commissions charged by different brokers:
Trading Platforms
Liquid FX provides its clients with the popular MetaTrader 5 (MT5) trading platform. MT5 is a robust and feature-rich platform that offers advanced trading capabilities and a user-friendly interface.
With the MT5 platform, Liquid FX clients have access to a wide range of trading instruments, including Forex, commodities, indices, and cryptocurrencies. This allows traders to diversify their portfolios and take advantage of various market opportunities.
The platform provides powerful charting and technical analysis tools, allowing traders to analyze price movements, identify trends, and make informed trading decisions. It also offers a variety of order types, including market orders, limit orders, and stop orders, giving traders flexibility in executing their trades.
Customer Service
Liquid FX offers live chat. With live chat, customers can get their questions answered quickly and receive help with any issues they may have. It's a convenient and effective communication channel that can improve customer satisfaction and increase sales.
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: +61 25604 0625
Email: support@liquidfx.io
Address: 1601/2015 Gold Coast Highway Miami, Queensland, 4220, Australia
Moreover, clients could get in touch with this broker through the social media, such as Facebook and Instagram.
Facebook: https://www.facebook.com/LiquidFX.Trading
Instagram: https://www.instagram.com/liquidfx.trading
Whats more, Liquid FX provides a Frequently Asked Questions (FAQ) section on their website to assist their clients with commonly asked questions and provide relevant information. The FAQ section aims to address common queries and concerns that investors may have regarding the company's services, processes, and investment opportunities. By offering this resource, Liquid FX aims to provide transparency and clarity to their clients, helping them make informed decision.
Frequently Asked Questions (FAQs)
2024-07-30 18:32
2024-06-14 10:07
