Lquid Finance (lquid.finance) has been flagged by ASIC (Australia) for "Unlicensed". International regulator warning https://www.fma.govt.nz/library/warnings-and-alerts/lquid-finance-ta-lquid-pay/ This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.lquid.finance.
The mobile app from Lquid Finance (lquid.finance) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Full transparency|Intuitive for beginners
Cons: Limited ETF selection
Lquid Finance (lquid.finance) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Dedicated account manager|Easy to use platform|Customizable dashboard|Social trading features
Cons: Email notifications too frequent
The reporting at Lquid Finance (lquid.finance) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Segregated accounts|Customizable dashboard|Good analytical tools|Low minimum deposit
Cons: Could offer more webinars
I closed a profitable position at Lquid Finance (lquid.finance) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Responsive team|Clean UI
Cons: Limited demo account features|Could offer more webinars
Lquid Finance (lquid.finance) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Segregated accounts|Dedicated account manager|Portfolio tracking tools
Cons: Inactivity fee applies after 12 months|Limited cryptocurrency options
I had high hopes for Lquid Finance (lquid.finance) after a trusted YouTuber reviewed them, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Smooth onboarding|Two-factor authentication
Cons: Wait times can be long during peak hours|Slow to add new assets
Lquid Finance (lquid.finance) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Fast support response|Social trading features
Cons: Limited demo account features|Some tools only available on higher tiers
Where do I even begin with Lquid Finance (lquid.finance)? for over a year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Wide product range|Intuitive for beginners
Cons: No live chat on mobile|Limited social trading features