Liquidspro Forex Broker

LiquidsPro Forex Broker - Complete Information Guide

1. Broker Overview

　　LiquidsPro, operating under the domain liquidspro.com, is a trading platform that has gained notoriety for its unregulated status and alleged fraudulent activities. The exact founding year of LiquidsPro is not publicly available, which raises concerns about its transparency. The broker's headquarters is reportedly located in London, United Kingdom, although the legitimacy of this claim is questionable given the lack of regulatory oversight.

　　LiquidsPro is a private entity, and it primarily targets retail traders across Europe, particularly in Germany, the UK, Austria, and Canada. The broker claims to offer a range of financial services, including forex and cryptocurrency trading, but many users have reported issues regarding withdrawals and account management.

　　The development of LiquidsPro appears to be a continuation of the practices seen with Triton Markets, a previously blacklisted broker. This connection suggests that LiquidsPro may be operating under a different name to evade regulatory scrutiny. The broker's business model focuses on retail forex trading, but it lacks the necessary licenses to operate legally, which places clients' funds at significant risk.

2. Regulatory and Compliance Information

　　LiquidsPro operates without any regulatory oversight from major financial authorities. It has not been licensed by tier-one regulators such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), or the Federal Financial Supervisory Authority (BaFin) in Germany. This lack of regulation means that clients do not have access to investor protection schemes, and their funds are not guaranteed.

　　Warnings have been issued against LiquidsPro by multiple regulatory bodies, including the FCA, which stated that the broker is not authorized to provide financial services. The Belgian Financial Services and Markets Authority (FSMA) and the Italian Companies and Exchange Commission (Consob) have also issued similar warnings, further solidifying LiquidsPro's reputation as an unregulated entity.

　　The broker does not appear to have a customer funds segregation policy, which is a critical component of investor protection. Additionally, there is no evidence that LiquidsPro participates in any investor compensation schemes, leaving clients vulnerable in the event of insolvency. The broker's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is also unclear, raising further concerns about its operations.

3. Trading Products and Services

　　LiquidsPro claims to offer a diverse range of trading products, including:

• Forex Currency Pairs: The broker provides access to several major currency pairs, although the exact number is not specified.
• CFD Products: LiquidsPro reportedly offers CFDs on commodities, indices, shares, and cryptocurrencies, including popular assets like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).

　　Despite the broad range of products advertised, many users have expressed skepticism about the actual availability of these instruments. The lack of transparency regarding product updates and additions raises questions about the broker's commitment to providing a reliable trading environment.

　　The broker primarily caters to retail clients, with no information available about institutional services or white-label solutions. There is also no indication that LiquidsPro offers asset management services, which are typically found with more reputable brokers.

4. Trading Platforms and Technology

　　LiquidsPro claims to support its proprietary trading platform known as the Liquids Pro Trade Station (TTS) alongside the widely recognized MetaTrader 5 (MT5). However, access to these platforms has been reported as challenging, leading to doubts about their functionality and reliability.

　　The absence of a mobile trading application for iOS and Android further limits the trading options for clients, as many modern brokers offer robust mobile platforms. The execution model utilized by LiquidsPro is not clearly defined, with no mention of ECN, STP, or Market Making practices, which are standard in the industry.

　　The broker's technical infrastructure, including server locations and API access for automated trading, remains undisclosed. This lack of information is a significant red flag for potential clients, as reliable brokers typically provide detailed insights into their technological capabilities.

5. Account Types and Trading Conditions

　　LiquidsPro offers a single type of trading account, requiring a minimum deposit of $250 to open. The trading conditions associated with this account type include:

• Spreads and Commissions: Specific details regarding spreads and commissions remain undisclosed, which is a common practice among unregulated brokers.
• Leverage: The broker does not provide clear information on leverage ratios for different products, which can vary significantly among brokers.
• Minimum Trade Size: The minimum trading lot size is not specified, which can affect trading strategies.
• Overnight Fees: Information regarding swap rates and overnight fees is also lacking.

　　There is no option for a demo account, which is typically offered by reputable brokers to allow potential clients to practice trading without financial risk. This absence further indicates a lack of transparency and trustworthiness.

6. Fund Management

　　LiquidsPro supports limited deposit methods, including:

• Bank Wire Transfers
• Credit/Debit Cards (Visa and MasterCard)

　　The minimum deposit requirement is $250 across all account types, which is relatively high compared to many legitimate brokers that offer accounts with lower initial deposits.

　　Deposit processing times are not explicitly stated, leading to uncertainty for clients. While the broker claims to charge no additional fees for bank withdrawals, a 5% fee is applied to card withdrawals, which is significantly higher than the industry standard.

　　Withdrawal requests reportedly face delays, with many users experiencing difficulties in retrieving their funds. The minimum withdrawal amount is set at $100, but the lack of transparency regarding withdrawal processing times and potential fees raises concerns for clients wishing to access their funds.

7. Customer Support and Educational Resources

　　LiquidsPro offers limited customer support channels, including:

• Email Support: Clients can reach out via the provided email addresses, although response times may vary.
• Phone Support: A phone number is listed, but the availability of support during specific hours is not mentioned.
• Online Chat: There is no indication that a live chat option is available.

　　The broker claims to provide support in multiple languages, but the specific languages offered are not detailed.

　　Educational resources, such as webinars, tutorials, and eBooks, are also not mentioned, which is a vital component for traders looking to enhance their skills. Market analysis services, including daily updates and research reports, appear to be absent, limiting the support available to clients.

8. Regional Coverage and Restrictions

　　LiquidsPro primarily targets clients in Europe, especially in Germany, the UK, Austria, and Canada. The absence of specific regional offices suggests a centralized operation, likely based in its claimed UK headquarters.

　　There are no publicly disclosed restrictions on specific countries, but the lack of regulatory approval in many jurisdictions raises concerns about the legality of its operations. Clients from regions with stringent financial regulations should be particularly cautious when considering engagement with this broker.

　　In summary, LiquidsPro operates as an unregulated broker with significant red flags surrounding its legitimacy and operational practices. Potential clients are advised to conduct thorough research and consider the risks involved before investing with LiquidsPro.