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Liquidspro Review – Learn More About This Scam Broker
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Liquidspro broker has established a website in German, indicating it’s 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 review to tear down all the lies they have stated and why you should stay away.
|Broker Type||Forex and CFD|
Are You Safe at Liquidspro? Regulation and Security
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 the Liquidspro trading scams. They also gained an official warning from CONSOB and FSMA.
Liquidspro Trading Platform
Liquidspro says it supports 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 either 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 professional platforms like MT5, MetaTrader4, or let’s say cTrader. If no such trading software is available with your new broker, most probably you are about to get scammed.
Liquidspro Account Types Available
Unfortunately, we were unable to access the website, since it 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, 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.
Trading Instruments 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 could get scammed.
Liquidspro Deposits/Withdrawals Methods
In regards to the deposit methods, they only offer the following two:
- Visa or Mastercard – 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 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 $10. With all of this being said, we strongly advise you not to invest with Liquidspro!
The minimum withdrawal amount is $100. The broker does not charge additional fees on bank withdrawals, just the standard international banking fees are applicable. However, card withdrawals are charged a 5% fee, which is not very little, especially since many legitimate brokers have stopped charging withdrawal fees as a whole.
How Can I Get My Money Back If Liquidspro Scammed Me?
The most common action to take is to file for a chargeback, but this happens only if the user has invested with a credit or debit card. That’s why you don’t get many investment frauds taking card payments nowadays. But the good news is that, if money was invested via a card, the chargeback period for MasterCard and VISA is up to 540 days.
Wire transfer deposits are harder to get back, and the only thing we recommend is contacting the bank to sort things out if possible. And lastly, if you have deposited using crypto, these transactions are unfortunately much harder to reverse and that’s why scam companies take advantage of this policy.
We suggest you never trust unregulated brokers with any type of payment, especially crypto. In this case, it’s best to contact your local authorities.
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 $200 while legit brokers will ask for as little as $10 as an initial deposit.
FAQs About Liquidspro Broker
Is Liquidspro a Reliable Broker?
No, they are not a reliable and trustworthy broker you should start trading with as they have multiple warnings issued by regulatory bodies.
How Long Does It Take To Withdraw From Liquidspro?
Judging by reviews, it takes a really long time to withdraw money from this scam broker.
What Is The Minimum Deposit For Liquidspro?
The minimum deposit one needs in order to start trading with Liquidspro is $250.