Extracto:Liquid FX, a brokerage firm registered in Saint Vincent and the Grenadines, 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. However, it's important to note that there are concerns surrounding the validity of their claimed regulation by ASIC, as it is suspected to be a clone.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Liquid FX Review Summary | |
Founded | 2022 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | ASIC (Suspicious Clone) |
Market Instruments | Currencies, indices, commodities, shares and cryptocurrencies |
Demo Account | Unavailable |
Leverage | 1:500 |
EUR/ USD Spreads | 0.3 pips (the GOLD account) |
Trading Platforms | MT5 |
Minimum Deposit | 0 |
Customer Support | Phone, email, live chat |
Liquid FX, a brokerage firm registered in Saint Vincent and the Grenadines, 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. However, it's important to note that there are concerns surrounding the validity of their claimed regulation by ASIC, as it is suspected to be a clone.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros | Cons |
• Account variety | • ASIC (Suspicious Clone) |
• A range of trading instruments | • No demo accounts |
• MT5 supported | • Limited educational resources |
• Social media presence | • No live chat support |
• FAQ section available | • Regional restrictions |
• No minimum deposit requirement |
There are many alternative brokers to Liquid FX depending on the specific needs and preferences of the trader. Some popular options include:
IC Markets - A well-regulated broker with low spreads and fast execution speeds.
TD Direct Investing – A well-established and trusted broker in Canada offering a range of investment products and in-depth research.
BlackBull Markets - A reputable forex broker known for its low spreads, fast execution, and comprehensive trading tools, making it an excellent choice for traders seeking a reliable and feature-rich trading experience.
The Australia ASIC regulation (license number: 001302232) claimed by this broker is suspected to be clone. Therefore, Liquid FX currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.
If you are considering investing with Liquid FX, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.
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.
Liquid FX offers four live account types, each with its own features and benefits. Here are the details:
ZERO Account:
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.
GOLD Account:
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.
ECN Account:
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.
RAW Account:
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.
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.
A leverage of 1:500 means that for every dollar in the trading account, the trader can control up to $500 in the market. This high level of leverage provides traders with the potential to generate substantial profits from relatively small price movements. However, it is important to note that leverage is a double-edged sword and can also amplify potential losses.
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:
Broker | EUR/USD Spread | Commission |
Liquid FX | 0.3 pips (GOLD account) | $4 per lot (GOLD account) |
IC Markets | 0.1 pips | $3 per lot |
TD Direct Investing | 0.9 pips | None |
BlackBull Markets | 0.2 pips | None |
Note: The information presented in this table may be subject to change and it is always recommended to check with the broker's official website for the latest information on spreads and commissions.
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.
See the trading platform comparison table below:
Broker | Trading Platform |
Liquid FX | MT5 |
IC Markets | MT4, MT5, cTrader |
TD Direct Investing | WebBroker, TD app, thinkorswim |
BlackBull Markets | MT4, MT5 |
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.
In conclusion, Liquid FX provides access to various financial markets, allowing traders to diversify their portfolios and capitalize on different trading opportunities. With its user-friendly interface and advanced charting tools, Liquid FX's trading platform, MT5, caters to the needs of both beginner and advanced traders.
However, there are concerns regarding the validity of their claimed regulation by the ASIC, as it is suspected to be a clone. As a result, Liquid FX currently operates without any valid government or financial authority oversight.
Q 1: | Is Liquid FX regulated? |
A 1: | No. It has been verified that this broker currently has no valid regulation. |
Q 2: | How can I contact the customer support team at Liquid FX? |
A 2: | You can contact via telephone, +61 25604 0625 and email, support@liquidfx.io. |
Q 3: | Does Liquid FX offer demo accounts? |
A 3: | No. |
Q 4: | Does Liquid FX offer the industry leading MT4 & MT5? |
A 4: | Yes. It supports MT5. |
Q 5: | What is the minimum deposit for Liquid FX? |
A 5: | To open an account, it has no minimum deposit requirement. |
Q 6: | Is Liquid FX a good broker for beginners? |
A 6: | No. It is not a good choice for beginners because of its ASIC (Suspicious Clone). |
Q 7: | At Liquid FX, are there any regional restrictions for traders? |
A 7: | Yes. The services and information provided by Liquid Markets are not directed at and do not intend to elicit citizens and/or residents of the USA, and are not intended for distribution to or use by any person in any jurisdiction where such distribution or use would be contrary to local law or regulation. |