LQDFX Review present by 55brokers and other brokers reviews, Before signing an account you should always check on broker reliability and compare its trading offering.

Is LQDFX a scam or legit broker?

No, LQDFX is not legit to trade with it. LQDFX is owned by LQD Limited which is an offshore company registered in the Marshall Islands.

The Marshall Islands is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as Capital Hall, Forex Grand and more.

LQDFX Review

According to the website, LQD Limited is providing financial services under the laws of the Marshall Islands Business Corporation Act. However, it doesn’t mean the company is regulated or licensed.

The website doesn’t provide the address of the company, there is only a British contact number, which means the company has been offering its services to the UK residents without being authorized to do that. Most probably this forex broker is not under any regulation.

Also, the company provides false information about the rewards it holds, including, Best ECN Broker, Most Reliable Broker etc. In addition, there are a lot of negative reviews can be found on the forums about LQDFX. People share the horrible customer experience they had with the company and also state that they are not able to withdraw their funds from the broker.

We advise all investors and traders to avoid LQDFX and other brokers from the Marshall Islands. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as eToro and Plus500.

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Tin From Slovenia | | Friday, September 6, 2019

They are replacing trades to cover their loss. They replace closed trade more than 100 pips above exchange rate.

No news available.

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