LQDFX Review (lqdfx.com SCAM)-A Money-Stealing SCAM that You Should Avoid

LQDFX is a non-regulated broker

Firstly, probably the most important reason why we do not advise anyone to create an account on this platform is connected to the fact that this is a non-regulated broker. What’s even worse is that they claim otherwise but a quick look at their Regulations page will reveal that they are completely lying. This page is empty and doesn’t offer any details about their supposed regulations. This means that it is all fake and that you have all the chances to remain broke because they will most certainly steal your funds from your account.

A money-stealing SCAM that provides no customer support

This is a very important issue that should immediately raise some red flags. You should never trust an online broker that doesn’t follow any regulations because they are free to do whatever they want with your money. Besides that, numerous former clients of theirs have contacted us to complain about their almost impossible withdrawal procedures. In short, whenever you want to perform a withdrawal to get your money from your account, you cannot do this or the process takes an incredibly long amount of time, up to the point that some clients simply give up.

Their customer support is also there only in theory because, in practice, nobody is helping you with any of your issues when you need it. They claim that their customer support is available 24/5 but, in reality, it either takes entire days until someone responds or you won’t get an answer at all. This is very bad for the clients and another reason why you should never create an account on LQDFX.

Hidden fees and lack of safety

They have five different account types for clients to pick from but the main problem is that there are numerous hidden fees associated with each of them. The bigger problem is that you are requested to pay those fees only after you are already in too deep to give up. These fees are not presented to you prior to creating an account and you will find yourself forced to pay them if you want to continue.

Your account might even be blocked randomly which is a clear sign that this broker uses their customers to steal their funds. They also have something that is called the 100% bonus which is, again, a smart money-stealing scheme meant to attract lots of new clients.

As for how safe your personal data and funds are, this is another problem. The official LQDFX website only vaguely mentions that your money and data will always be safe but they fail to actually explain their procedures. Everything they offer is very vague and only meant to attract beginner traders into falling into their trap. This broker is extremely sketchy and unsafe and we DO NOT RECOMMEND choosing them as your trading and investing ally.