LiquidityX Review: Overview of This Forex Broker

LiquidityX is an FX and crypto trading platform. It has caught our attention as a new investment firm. 

In this unbiased LiquidityX review, we will delve into the details of LiquidityX and provide you with an honest opinion on whether this company is worth your money or not. Stay tuned for more valuable details! 

Is LiquidityX Legit? Security and Regulation

Before you start looking for brokers, what is the first thing to consider? Well, it is, by all means, regulation status. LiquidityX is owned by Capital Securities S.A. It is regulated by the Greek authority body HCMC (license number 2/11/24.5.1994). 

As a MiFID-compliant regulator, HCMC ensures that LiquidityX has a repayment fund of 730,000 EUR. It also ensures the company keeps clients’ money in segregated accounts. This offers an added layer of protection for traders.

Yet, LiquidityX is a new broker. So, it’s important to note that its commitment to regulatory compliance is still unproven. We recommend exercising caution and monitoring their adherence to regulatory rules.

Where Is LiquidityX Broker Active?

LiquidityX serves clients primarily from Spain, Italy, Portugal, Sweden, the Netherlands, and Germany. Being an HCMC-regulated firm, it provides financial services in the EEA zone and Switzerland, excluding Belgium. There is no information about their services in the UK.

It’s worth mentioning that FXTM is another reputable broker that you could check out!

Trading Instruments

LiquidityX offers a diverse selection of trading assets to cater to the needs of its clients. Traders can explore various markets, including forex (FX), commodities, indices, shares, and cryptocurrencies. 

In the FX market, you have the opportunity to trade different currency pairs. These are EUR/USD, and EUR/SEK, allowing you to take advantage of fluctuations in exchange rates. For those interested in commodities, LiquidityX provides access to a range of options. For instance, precious metals, energy resources, and agricultural products.  Clients looking for exposure to the stock market can trade shares of major companies.

One of the notable offerings of LiquidityX is its inclusion of crypto in its asset lineup. You can trade popular cryptocurrencies. Some of these are Polkadot, BinanceCoin, and Ripple. (Yes, Ripple is still popular despite the lawsuit!) It’s crucial to keep in mind that trading these assets involves both opportunities and risks. LiquidityX assures that all assets available for trading adhere to regulated leverage. This helps to manage risk and protect investors. Yet, it’s crucial to exercise caution, as high leverage can magnify both profits and losses.

By providing access to a diverse range of assets, LiquidityX aims to cater to the preferences of different clients. Are you an experienced forex trader, a commodities enthusiast, or a crypto investor? LiquidityX offers a platform where you can explore various markets and earn on many possibilities.

Exploring LiquidityX’s Trading Platforms: TipRanks Web Trader and MT4 

LiquidityX offers two trading platforms: TipRanks WebTrader and MT4. The TipRanks WebTrader is a web-based platform that provides specific charts and indicators. Yet, it has limitations compared to the more advanced MT4 and MT5 platform. MT4 offers extensive charts, indicators, bots, and copy trading systems, making it a popular choice among traders.

It’s worth noting that LiquidityX’s MT4 platform only provides a link to the desktop version. This may put off some traders. Besides, the spread starts from 3 pips, which is higher compared to other brokers in the EU.

LiquidityX: General Trading Environment

LiquidityX has a dynamic trading environment designed to attract and engage users. The broker employs various strategies to communicate and interact with clients, ensuring a seamless trading experience. 

Chatters with clients are conducted in a professional manner, addressing their needs and inquiries. As you can see, this broker is relatively admirable.

Leverage

LiquidityX provides flexible leverage options to cater to different trading preferences. 

Retail clients can access leverage up to 1:30. Yet professional traders can have it up to 1:400. This range allows users to optimize their trading strategies based on their risk tolerance and market conditions.

Mobile Trading App

To suit the needs of modern traders, LiquidityX provides a robust mobile trading app. This app allows users to access their accounts on the go. It is, by all means, providing real-time market updates, advanced charting tools, and quick order execution. 

Traders can conveniently monitor and manage their positions. They can be sure they never miss out on trading opportunities.

Demo Account

This broker understands the importance of practicing and testing strategies before giving out real funds. Therefore, they offer an FX demo account that closely simulates live trading conditions. Traders can use this account to refine their skills, explore different trading techniques, and gain confidence in their trading abilities. 

The demo account is available on both the MetaTrader 4 platform and the web-based trading platform, providing traders with a comprehensive practice environment. Lastly, the demo account for the WebTrader includes €100,000 in virtual funds.

Fees

When considering trading with LiquidityX, it’s essential to be aware of the fees. The broker inflicts a minimum spread of 3.2 pips, although traders can benefit from a reduced spread of 0.6 pips on the MT4 and web-based platforms. 

Inactivity on the account for a month may result in an $80 fee. So, it’s important to monitor and engage with your account. Withdrawal fees adhere to industry standards, including a 3.5% fee for bank card withdrawals and a fee of $30 for bank transfers.

LiquidityX: Deposits and Fund Security

Making deposits with LiquidityX is convenient and easy. This is thanks to the various payment options available. Traders can choose from a range of deposit methods, including credit cards like Visa and MasterCard, electronic payment solutions (e-wallets), and bank transfers. This flexibility allows clients to select the option that best suits their preferences.

When it comes to funding security, LiquidityX prioritizes your privacy, funds, and assets. The broker follows the practice of account segregation. This ensures that client funds are kept separate from the company’s operating accounts. These funds are deposited in reputable international banks, providing an additional layer of security.

In terms of general security, LiquidityX employs the latest hardware and software technologies to safeguard its data systems. Strict firewall protocols and Secure Sockets Layer (SSL) software exist to encrypt and protect all data during transmission. Besides, the broker ensures secure storage and management of data. It forms through the implementation of Level 1 PCI compliance services. This commitment to security aims to provide traders with peace of mind while conducting their trading activities with LiquidityX.

Customer Support

At LiquidityX, support is a top priority. The broker offers responsive and acquainted client support. 

Traders can reach out to the customer support team through various channels. That includes email, phone, and live chat. LiquidityX’s dedicated support professionals strive to address issues promptly. This truly ensures a positive trading experience for their clients.

LiquidityX Trader Reviews: A 3.7-Star Rating on Trustpilot

Traders’ reviews and experiences serve as valuable insights when assessing the credibility of a broker. When it comes to LiquidityX, traders have voiced their opinions across multiple platforms. 

This includes the reputable review site Trustpilot. With an average rating of 3.7 stars, LiquidityX has garnered attention and feedback from the trading community.

Long Story Short – LiquidityX

Based on the comprehensive evaluation of LiquidityX, it emerges as a reputable broker in the trading industry. With its modern platforms, extensive range of trading assets, efficient customer support, and commitment to security and transparency, LiquidityX has garnered positive reviews from traders. The 3.7-star rating on Trustpilot may be average. Yet, it further solidifies its credibility. If you’re looking for a trustworthy broker to support your trading endeavors, consider exploring LiquidityX or Plus500 and experience their professional services.

If you’re interested in finding the best brokers, we’re here to assist you. Contact us today for personalized recommendations and guidance to enhance your trading journey.

FAQ Section