Global Broker Regulation Inquiry App
WikiFX
Sam35
1-2 years

Is LQDFX safe and legit?

Broker Issues
LQDFX
Regulation
08-17
United States
WikiFX
Reply

In my view, while LQDFX offers several attractive features such as a demo account, competitive spreads, and various account types, the lack of regulation is a major red flag for me. As someone who values the security of my funds, I would have serious reservations about trading with LQDFX broker. The absence of LQDFX regulation means that there’s no authority ensuring the broker adheres to industry standards, which poses a risk for me. I would prefer a broker with strong regulation because it ensures investor protection in case of disputes. Although LQDFX offers some protections like segregated accounts, the lack of regulation means that I can’t be certain my funds are fully secure.

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com