Liquidspro Review: Who Is Behind LiquidsPro.Com?
Liquidspro broker has established a website in German, indicating its targeting clients from the area. Also, the disclaimer says it holds various licenses and has a legal operation. It turns out that none of that is true, and we’re dealing with yet another scammer.
And just like many other scam brokers alike, none of the things this investment scam has listed on their website is true. And because of that, we have made this LiquidsPro broker review to tear down all the lies they have stated and why you should stay away.
|Forex and CFD
Regulation and Security of Liquidspro
Our research has shown that Liquidspro could be in Saint Vincent and the Grenadines, an offshore safe haven for scammers. Despite claiming to have various regulations, it seems that it has none.
We found nothing after checking the Terms and Conditions, and all other places where the alleged license might be. The broker seemed to present itself as UK-based and FCA-regulated before this very same regulator blacklisted it. Ever since, we have had no information.
FCA showed an alleged address that the scam company was using and said it was not a regulated domain. Meaning you should stay away from Liquidspro trading scam. They also gain an official warning from FCA, CONSOB and FSMA.
Liquidspro Trading Platform
Liquidspro says to support some proprietary platform called Liquidspro Trade Station (TTS), advertised as the ultimate trading platform for beginner traders, as well as the well known MetaTader5.
Since we were not directly able to access neither of the platforms however, we have serious doubts if Liquidspro supports a trading platform at all. Whatever the story, just bear in mind that legit brokers support legit and professional platforms like MT5, MetaTrader4 or let say cTrader and if no such trading software is available with your new broker, most probably you are about to get scammed.
Overall, it’s safe to say that LiquidsPro is an unregulated and unlicensed broker that is unsafe to work or invest with.
Trading Instrument Available at Liquidspro
LiquidsPro scam broker is offering the following trading instruments:
- Currency pairs
This is a very good variety of trading instruments but you shouldn’t forget that they are unregulated. In other words, you would have no protection and you would get scammed.
Deposit and Withdrawal Procedure
In regards to the deposit methods, they only offer the following two:
- Visa or Master credit or debit card
- Wire transfer
Just like any other fraudulent and illicit brokerage, they only have the basic funding methods. All legitimate and regulated brokers have a much bigger array of deposit methods that you can choose from.
On top of that, their minimum deposit is $200, which is very high in comparison to real brokerages that will let you start with as little as $5 or nothing at all. With all of this being said, we strongly advise you not to invest with Liquidspro!
Liquidspro Account Types Available
Unfortunately, we were unable to access the website, since it has crashed and because of that we can’t exactly tell you what types of trading accounts they offer.
Either way, because they don’t hold any license or regulation and they are an offshore based company, it’s best to not deposit any funds with them.
There are many better brokers out there that will have a working website and that will be fully transparent with you.
How Does Offshore Brokers’ Fraudulent Works?
Such scams are getting more and more common so it is important to know how they work and how you can protect yourself.
It all starts innocently enough, with an ad on the internet promising you insane profits if you just deposit a small amount of money. Maybe you have heard stories of people getting rich from trading so you decide to give it a try yourself and provide the scammers with your email and phone number.
After that, you would not be left alone before you deposit. With time, you will be asked for bigger and bigger deposits and you would gladly invest since you would probably be turning a profit. However, these are tricks and manipulations that are just meant to make you deposit more.
In our Liquidspro review, we tried our best to warn you against this scam broker and the fraudulent activities they pull off on a daily basis. They allegedly offer their customers an opportunity to invest in forex, CFD, crypto, and much more. However, some of the most basic information about them is missing, indicating that you are dealing with fraud.
On the internet there can be found many complaints made against the broker on withdrawal issues as well as high deposit amounts, so we concluded that you should just stay away from them.
Think twice before taking any risks while investing money and keep in mind that this investment scam will demand at least $250 while legit brokers will ask for as little as $5 as an initial deposit.
FAQs About Liquidspro Broker
Is Liquidspro Regulated?
No, they are not a regulated and trustworthy broker you should start trading with as they have multiple warnings issued by regulatory bodies.
Does Liquidspro Offer a Demo Account?
Unfortunately, Liquidspro does not offer a demo account to potential new clients.
What Is The Minimum Deposit For Liquidspro?
The minimum deposit one needs in order to start trading with Liquidspro is $250.