LiquidityFX-Overview of Minimum Deposit, Leverage, Spreads
Abstract：LiquidityFX is allegedly a Greece-based broker that provides its clients with the worlds most popular MetaTrader4 platform, up to 1:400 leverage, variable spreads on various tradable assets, and a choice of four different account types.
General Information
LiquidityX is allegedly a Greece-based broker that provides its clients with the worlds most popular MetaTrader4 platform, up to 1:400 leverage, variable spreads on various tradable assets, and a choice of four different account types.
Market Instruments
LiquidityX advertises that it offers a wide range of trading instruments in financial markets, including CFDs, forex, commodities, precious metals, energies, indices, stocks and cryptocurrencies.
Account Types
There are four live trading accounts offered by LiquidityX, apart from demo accounts, namely Basic, Gold, Platinum and VIP. Opening a Basic account requires the minimum deposit of $250, while the other three account types with the minimum initial capital requirements of $25,000, $100,000 and $250,000 respectively.
Leverage
The maximum leverage ratios provided by LiquidityX vary depending on different clients. The retail clients only can experience the leverage as high as 1:30, while the professional clients can enjoy the maximum leverage up to 1:400. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads
Spreads are affected by what type of accounts traders are holding. The spreads in the Basic account starts from 3.2 pips, the Gold account from 2.9 pips, the platinum account from 2.3 pips, and the VIP account from 1.8 pips.
Trading Platform Available
When it comes to trading platforms available,LiquidityX gives traders the worlds most widely-used MetaTrader4 platform on desktop, mobile devices like smartphones and tablets. MT4 is one of the most successful, efficient, and competent forex trading software. While with MT4 Mobile, trading can be done from anywhere and at any time.
Deposit & Withdrawal
From the logos showed at the bottom of home page on LiquidityXs official website, we found that this broker seems to accept deposit and withdrawal via VISA, MasterCard, eps, Euteller, giropay, DEAL, Przelewy24 and SOFORT. There are no obvious options for using popular online payment platforms such as PayPal, Skrill, or Neteller. Also, different account types can enjoy different times of free withdrawal. For instance, the Basic account only can experience 1 free withdrawal, while the Gold account can enjoy 1 monthly free withdrawal and the Platinum account with 3 monthly free withdrawals.
Customer Support
LiquidityXs customer support can be reached through telephone: 302111995046, email: info@liquidityx.com or live chat. Company address: 58, Metropoleos Street, 105 63, Athens, Greece.
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