LiquidityX ReviewCategory: Reviews | Author: Trading Brokers | Date: September 19, 2023
If you are looking for a new online broker to trade CFDs on various assets, you might have come across LiquidityX. LiquidityX is a relatively new broker that claims to offer a fast and secure trading environment, with competitive spreads and commissions, advanced trading platforms and tools, comprehensive education and support, and access to a wide range of markets. But how does LiquidityX compare with other brokers in the industry? Is it regulated and trustworthy? In this article, we will answer these questions and more, as we review LiquidityX and its features in detail. We will cover the following aspects of LiquidityX: its regulation, platforms and tools, education, markets, accounts, and funding options. By the end of this article, you should have a clear idea of whether LiquidityX is a suitable broker for your trading goals and preferences.
Pros & Cons
- Competitive selection of cryptocurrency CFDs
- Offers a web-based trading platform and the well-known MT4 platform
- Provides clients with trading tools from TipRanks and Trading Central
- Licensed and regulated by the Hellenic Market Securities Commission
- Has been operating since 1994 and has a clean regulatory record
- Minimum deposit amount is higher than that of many Forex brokers
- High spreads and limited leverage for non-professional traders
- LiquidityX does not offer any social trading or copy trading features that allow the clients to follow or copy the trades of other successful traders
LiquidityX is an online broker that was founded in 2020 and is based in Cyprus. The broker is regulated by the HCMC (Hellenic Capital Market Commission). The broker offers CFD trading on various assets, such as forex, stocks, commodities, indices, and cryptocurrencies. LiquidityX provides its clients with three trading platforms: MetaTrader 4 (MT4), LiquidityX WebTrader, and LiquidityX Mobile Trader. It also offers a range of educational resources for its clients, such as webinars, videos, articles, e-books, and tutorials. These resources cover various topics related to CFD trading, such as market analysis, trading strategies, risk management, and trading psychology.
LiquidityX allows its clients to trade over 300 CFDs on various markets, such as forex, stocks, commodities, indices, and cryptocurrencies. The broker offers competitive spreads and commissions, as well as leverage up to 1:400 for professional clients and up to 1:30 for retail clients. It also offers comprehensive support, competitive trading conditions and costs, different types of accounts, and various funding methods and options. LiquidityX is a suitable broker for traders of all levels and preferences.
LiquidityX is a forex and CFD broker that offers trading services to clients around the world. LiquidityX is operated by Capital Securities S.A., a Greek brokerage firm that is authorized and regulated by the Hellenic Capital Market Commission (HCMC) with licence number 2/11/24.5.1994. The HCMC is the Hellenic Capital Market Commission, a legal entity that was established by Greek law in 1991 and organized by Greek law in 19951. The HCMC aims to ensure the protection and the orderly and efficient operation of the capital market, which is crucial for the growth of the national economy of Greece.
The HCMC is an independent authority that has its own resources and is not financed by the state budget. The HCMC submits its report to the president of the Greek parliament and to the minister of finance. The chairman of the HCMC is also requested by the competent committee of the Greek parliament to provide updates on capital market issues. The HCMC is a member of the European Securities and Markets Authority (ESMA) and operates within its framework and under its auspices. The HCMC is also a member of the International Organization of Securities Commissions (IOSCO) and concludes bilateral and multilateral agreements with other competent authorities for the exchange of confidential information and cooperation in respect of issues relating to its competence. LiquidityX also adheres to the principles of MiFID II, a European directive that aims to enhance investor protection, market integrity, and competition in the financial markets. Please see a list of regulated brokers for some alternative options.
Platforms & Tools
LiquidityX provides its clients with three trading platforms: MetaTrader 4 (MT4), LiquidityX WebTrader, and LiquidityX Mobile Trader. These platforms are designed to suit the needs and preferences of different types of traders, from beginners to professionals.
- MetaTrader 4 (MT4): This is a popular and widely used platform that offers advanced charting, technical analysis, automated trading, and custom indicators. MT4 is available for download on Windows, Mac, Android, and iOS devices. MT4 allows traders to access multiple markets, such as forex, stocks, commodities, indices, and cryptocurrencies. MT4 also supports various order types, such as market, limit, stop, and trailing stop orders. MT4 has a user-friendly interface and a rich set of features that make it a powerful and versatile platform for CFD trading.
- LiquidityX WebTrader: This is a proprietary web-based platform that is accessible from any browser and device. LiquidityX WebTrader has a user-friendly interface, fast execution, and multiple order types. LiquidityX WebTrader allows traders to trade over 300 CFDs on various markets, such as forex, stocks, commodities, indices, and cryptocurrencies. LiquidityX WebTrader also offers competitive spreads and commissions, as well as leverage up to 1:400 for professional clients and up to 1:30 for retail clients. LiquidityX WebTrader has a range of tools and features that enhance the trading experience, such as: One-click trading, Trading history, Trading signals, Market news, Economic calendar, Risk management tools, Customizable charts and Technical indicators.
- LiquidityX Mobile Trader: This is a new platform that is available for both Android and iOS devices. It allows traders to trade on the go with ease and convenience. LiquidityX Mobile Trader has a simple and intuitive interface that enables traders to access the same markets and features as LiquidityX WebTrader. LiquidityX Mobile Trader also has some additional features that make it a unique and innovative platform, such as: Face ID/Touch ID login, Push notifications, Dark mode and Live chat support.
LiquidityX’s educational resources are designed to help its clients learn more about CFD trading and enhance their trading performance. CFDs are complex instruments that involve a high risk of losing money rapidly due to leverage. To help its clients learn more about CFD trading and improve their skills and knowledge, LiquidityX provides a range of educational resources on its website. These resources include:
- Webinars: LiquidityX hosts live and recorded webinars on various topics related to CFD trading, such as market analysis, trading strategies, risk management, and trading psychology. The webinars are conducted by experienced traders and analysts who share their insights and tips with the audience. The webinars are also interactive, allowing the participants to ask questions and get feedback from the speakers.
- Videos: LiquidityX has a collection of videos that cover the basics of CFD trading, such as how to use the trading platforms, how to place orders, how to use technical indicators, and how to apply trading signals. The videos are short and easy to follow, making them suitable for beginners and intermediate traders.
- Articles: LiquidityX publishes articles on its blog that provide in-depth information and analysis on various aspects of CFD trading, such as market trends, economic events, trading tools, and trading psychology. The articles are written by professional traders and analysts who share their opinions and advice with the readers.
- E-books: LiquidityX offers free e-books that cover various topics related to CFD trading, such as market fundamentals, technical analysis, chart patterns, candlestick formations, and trading strategies. The e-books are comprehensive and detailed, making them suitable for advanced traders who want to expand their knowledge and expertise.
- Tutorials: LiquidityX provides step-by-step tutorials that guide the clients through the process of opening an account, depositing and withdrawing funds, using the trading platforms, and accessing the educational resources. The tutorials are simple and clear, making them easy to follow.
LiquidityX also provides market news and analysis from third-party sources, such as Trading Central and Autochartist. These sources provide daily market updates, technical analysis reports, trading signals, and chart patterns that help the clients make informed trading decisions. However, these resources are not intended to provide investment advice or recommendations. The clients are responsible for their own trading decisions and should always do their own research before placing any trades.
LiquidityX offers its clients access to an extensive range of CFDs covering various markets, including forex, stocks, commodities, indices, and cryptocurrencies. CFDs are versatile financial instruments that allow traders to speculate on the price movements of these underlying assets without owning them physically. It’s important to note that trading CFDs carries a high level of risk due to leverage and may not be suitable for all traders. Therefore, individuals considering CFD trading should carefully assess their trading objectives, experience, and risk tolerance. LiquidityX provides an array of over 300 CFDs across these markets to cater to the diverse needs of its clients. These asset classes encompass forex, the largest and most liquid global market, where traders can engage in speculating on currency pairs.
With over 50 forex pairs, competitive spreads, and leverage of up to 1:400 for professional clients and up to 1:30 for retail clients, LiquidityX ensures flexibility in forex trading. Additionally, the platform offers access to the stock market with over 100 stock CFDs, covering a diverse range of sectors and companies. Commodity trading is also available, with over 20 commodity CFDs, featuring low commissions and substantial leverage. Traders interested in indices can access more than 20 index CFDs, each representing specific markets or sectors. Cryptocurrency enthusiasts can engage in CFD trading on over 10 cryptocurrencies, with competitive spreads and leverage up to 1:2 for both professional and retail clients. It’s worth noting that CFD trading involves significant risk due to leverage and may not be suitable for all traders, necessitating careful consideration of individual objectives and risk tolerance.
LiquidityX has four types of accounts for its clients: Basic, Gold, Platinum, and VIP. The minimum deposit for the Basic account is $250, while the minimum deposit for the Gold, Platinum, and VIP accounts are $5,000, $25,000, and $100,000 respectively. The accounts differ in terms of spreads, commissions, swap discounts, account managers, and other benefits. LiquidityX also offers a demo account for practice purposes. Here is a brief overview of each account type:
- Basic: The Basic account is suitable for beginners and intermediate traders who want to access the basic features and services of LiquidityX. The Basic account offers floating spreads as low as 3.0 pips for EUR/USD, 3.4 pips for GBP/USD, 3.3 pips for USD/JPY, and $0.12 for crude oil. The Basic account also offers leverage up to 1:400 for professional clients and up to 1:30 for retail clients.
- Gold: The Gold account is suitable for experienced and professional traders who want to enjoy lower spreads and commissions and more personalized services from LiquidityX. The Gold account offers floating spreads as low as 2.7 pips for EUR/USD, 3.1 pips for GBP/USD, 3.0 pips for USD/JPY, and $0.11 for crude oil. The Gold account also offers leverage up to 1:400 for professional clients and up to 1:30 for retail clients. In addition, the Gold account offers a 25% swap discount, a dedicated account manager, free VPS service, and priority withdrawal processing.
- Platinum: The Platinum account is suitable for elite and high-volume traders who want to enjoy even lower spreads and commissions and more exclusive services from LiquidityX. The Platinum account offers floating spreads as low as 2.1 pips for EUR/USD, 2.5 pips for GBP/USD, 2.4 pips for USD/JPY, and $0.10 for crude oil. The Platinum account also offers leverage up to 1:400 for professional clients and up to 1:30 for retail clients. Moreover, the Platinum account offers a 50% swap discount, a personal account manager, free VPS service, priority withdrawal processing, free bank wire transfers, and invitations to VIP events.
- VIP: The VIP account is suitable for the most sophisticated and high-volume traders who want to enjoy the best spreads and commissions and the most exclusive services from LiquidityX. The VIP account offers floating spreads as low as 1.6 pips for EUR/USD, 2.0 pips for GBP/USD, 1.9 pips for USD/JPY, and $0.08 for crude oil. The VIP account also offers leverage up to 1:400 for professional clients and up to 1:30 for retail clients. Furthermore, the VIP account offers a 75% swap discount, a personal account manager, free VPS service, priority withdrawal processing, free bank wire transfers, invitations to VIP events, and access to premium market analysis.
To open an account in LiquidityX, you need to visit their website and fill in the registration form with your personal details. Then, you need to verify your email address, complete your profile, upload the required documents, choose the account type, deposit funds, and start trading. You can find more details about each step on the LiquidityX website. Opening an account in LiquidityX is easy and fast, but you should be aware of the risks and costs involved in CFD trading and always trade responsibly.
To start trading with LiquidityX, you need to open an account and deposit funds into it. LiquidityX supports various methods for depositing and withdrawing funds, such as credit/debit cards, bank transfers, e-wallets (Skrill, Neteller), and cryptocurrencies (Bitcoin). The minimum deposit for the Basic account is $250, while the minimum deposit for the Gold, Platinum, and VIP accounts are $5,000, $25,000, and $100,000 respectively. LiquidityX does not charge any fees for deposits or withdrawals, but some third-party fees may apply. The processing time for deposits is instant or up to one business day, while the processing time for withdrawals is up to three business days. LiquidityX also has a strict policy of processing withdrawals to the same source of the original deposit.
LiquidityX’s funding methods are designed to provide convenience and security for its clients who can choose the one that suits their needs and preferences best. However, these methods also involve various risks and limitations that require proper understanding and management before using them. For example, credit/debit cards may have transaction limits or fees imposed by the card issuer, bank transfers may take longer or incur intermediary bank charges, e-wallets may have currency conversion fees or verification issues, and cryptocurrencies may have high volatility or network congestion.
In conclusion, LiquidityX presents itself as a promising online broker, founded in 2020 and regulated by HCMC (Hellenic Capital Market Commission), emphasizing security and financial stability. The platform offers a diverse range of CFDs across forex, stocks, commodities, indices, and cryptocurrencies, with competitive spreads and leverage options. Traders benefit from user-friendly platforms, including MetaTrader 4, WebTrader, and Mobile Trader, while educational resources like webinars, videos, articles, e-books, and tutorials empower clients to make informed decisions. LiquidityX offers various account types, including Basic, Gold, Platinum, and VIP, catering to traders of different experience levels, along with convenient funding options. However, it’s important to acknowledge that while LiquidityX boasts strong features, there are other trading platforms with longer track records that may be worth considering as alternative options. To explore additional choices and find the best fit for your trading needs, we encourage you to explore our comprehensive trading broker reviews.