LIZFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2023-01-12 18:22

Abstract：LIZFX is allegedly a forex broker registered in the United Kingdom.

　　Note: LIZFXs official site - https://www.lizfx.cn/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

　　Risk Warning

　　Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

　　General Information & Regulation

　　LIZFX is allegedly a forex broker registered in the United Kingdom.

　　As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc. Note that the broker says it offers the worlds leading MetaTrader4 trading platform.

　　As for regulation, LIZFX holds a suspicious clone Financial Conduct Authority (FCA) license. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.51/10. Please be aware of the risk.

　　Note: The screenshot date is January 12, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

　　Market Instruments

　　LIZFX is a forex broker that mainly offers forex pairs trading.

　　Trading Platform Available

　　The platform available for trading at LIZFX is one of the most notable and preferred trading platforms the market offers - MetaTrader4, which is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

　　Customer Support

　　LIZFX‘s customer support can be reached by telephone: +44-207-1176465, email: info@lizfx.com. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.

　　Pros & Cons

Pros	Cons
• MT4 supported	• No regulation
• MT4 supported	• Website inaccessible

　　Frequently Asked Questions (FAQs)

Q 1:	Is LIZFX regulated？
A 1:	No. It has been verified that LIZFX currently has no valid regulation.

Q 2:	Does LIZFX offer the industry-standard MT4 & MT5？
A 2:	Yes. LIZFX supports MT4.

Q 3:	Is LIZFX a good broker for beginners？
A 3:	No. LIZFX is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.