Home Forex Brokers The Liquidity Forex Brokerage Review

The Liquidity Forex Brokerage Review

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The Liquidy is a Saint Vincent and the Grenadines-based foreign exchange broker. They claim to offer the finest technology, the highest standards, and seamless connections. They also say that they offer top-quality safety of funds, fast deposits and withdrawals, excellent trading conditions, and 24/5 customer support. We will be looking into the services to see if these exist and so you can decide if they are a broker you would want to use.

Account Types

Should you decide to join The Liquidity you will have a choice of three different accounts, we have outlined the options below.

Micro Account: This account requires a deposit of $100, it comes with an average spread of 1.6 pips and has access to forex, metals, and CFDs. It uses market execution and the minimum trade size is 0.01 lots going up in 0.01 lot increments until it reaches the maximum trade size of 150 lots, you are able to give 1,500 lots or 500 trades open at any one time. The margin call level is set at 50% with the stop out level at 0%, the account must be in USD and there is no added commission on this account.

Premium Account: This account requires a deposit of $2,000, it comes with an average spread of 1 pip and has access to forex, metals, and CFDs. It uses market execution and the minimum trade size is 0.01 lots going up in 0.01 lot increments until it reaches the maximum trade size of 150 lots, you are able to give 1,500 lots or 500 trades open at any one time. The margin call level is set at 50% with the stop out level at 30%, the account must be in USD and there is an added commission of $4 per side which equates to $8 per round lot on the account.

VIP Account: This account requires a deposit of $50,000, it comes with an average spread of 0.7 pips and has access to forex, metals, and CFDs. It uses market execution and the minimum trade size is 0.01 lots going up in 0.01 lot increments until it reaches the maximum trade size of 150 lots, you are able to give 1,500 lots or 500 trades open at any one time. The margin call level is set at 50% with the stop out level at 30%, the account must be in USD and there is an added commission of $2 per side which equates to $4 per round lot on the account.

Platforms

The Liquidity is offering one platform to use, it is MetaTrader 4, one of the world’s most popular trading platforms. Some of its features include various execution technologies: Instant Execution and Request Execution, complete technical analysis package: wide range of inbuilt indicators and charting tools, the ability to create various custom indicators, different time periods (from minutes to months), a history database management and import/export facility, inbuilt help guides for MetaTrader 4 and MetaQuotes Language 4, and the ability to manage your account in different base currencies.

Leverage

The available leverage on all accounts goes as high as 1:500 on the Micro account, 1:400 on the Premium account, and 1:200 on the VIP account, this can be selected when opening up an account and can be changed by sending a request to the customer service team.

Trade Sizes

Trade sizes on all accounts start from 0.01 lots and go up in increments of 0.01 lots, so the next trade would be 0.02 lots. The accounts have a maximum trade size of 150 lots but we would recommend not going higher than 50 lots on a single trade. You can have up to 500 trades open at any one time or 1,5000 open lots, whichever comes first.

Trading Costs

The Premium account has an added commission of $4 per lot side, which means it will charge you $4 for opening a trade and also $4 for closing it, so the total commission is $8 per lot traded, this is slightly over the average $6 per lot we see around the industry. The VIP account has a slightly reduced commission of $2 per side, so $4 per lot traded. The Micro account doesn’t have a commission as it uses a spread-based system. There are also swap charges, these are fees charged for holding trades overnight and can be viewed within the trading platform of choice.

Assets

The Liquidity has broken down its assets into a number of categories which we have outlined below along with the instruments within them.

Forex: EURUSD, AUDUSD, USDCHF, USDJPY, NZDUSD, EURCHF, EURGBP, EURJPY, USDCAD, GBPUSD, GBPJPY, GBPCHF, HKDJPY, CADJPY, AUDJPY, EURAUD, EURCAD, NZDJPY, AUDAD, AUDCHF, AUDNZD, CADCHF, CHFJPY, EURNZD, GBPCAD, GBPAUD, GBPNZD, GBPSGD, AUDSGD, CADSGD, CHFSGD, EURDKK, EURMXN, EURNOK, ERUPLN, EURSEK, EURSGD, EURTRY, GNPHKD, GBPNOK, GBPSEK, MXNJPY, NOKJPY, NOKSEK, NZDCAD, NZDCHF, NXZDSGD, SEKJPY, SGDJPY, USDCNH, USDDKK, USDHKD, USDNOK, USDMXN, USDPLN, USDRUB, USDSEK, USDSGD, USDTRY, USDZAR, EURHKD.

CFDs: WTI Crude Oil, Brent Crude Oil, Copper, and Natural Gas.

Metals: Gold, Silver, Platinum, and Palladium.

Spreads

The spreads that you get depend on the account that you use. The Micro account has spread starting from 1.6 pips, the Premium account from 1 pip, and the VIP account has spreads starting from 0.7 pips. The spreads are variable which means they move with the market and their volatility. Different instruments will also have different natural starting spreads.

Minimum Deposit

The minimum deposit required to open up an account is $100 which lets you access the Micro account, the Premium account requires $2,000 and the VIP account requires $50,000 as a deposit.

Deposit Methods & Costs

The methods available to withdraw include Bank Wire, Visa, MasterCard, Neteller, Skrill, and PayPal. There are no added fees when depositing but be sure to check with your own bank or processor to ensure you know if they add any fees of their own.

Withdrawal Methods & Costs

The same methods are available to withdraw with, for clarification these are Bank Wire, Visa, MasterCard, Neteller, Skrill, and PayPal. Just like the deposits, there are no added fees from The Liquidity, but be sure to check with your own bank or processor just in case they add any incoming processing fees of their own.

Withdrawal Processing & Wait Time

Bank Wire Transfer will take between 3 to 5 business days to fully process while all other methods (Visa, MasterCard, Neteller, Skrill, and PayPal) will be processed within 24 hours of the request being made. There could be slight delays if requested over the weekend or on bank holidays.

Bonuses & Promotions

There are quite a few promotions taking place, we won’t outline them all or we will be here all day, but we will mention three at random so you get an understanding of the sorts of promotions that are available.

Cashback: After a deposit of 100 USD or more to a particular account, a credit of 20 USD will be added to the concerned trading account. It seems like the bonus funds last for 7 days and are not withdrawable which makes the bonus a little pointless in our eyes.

30% Deposit Bonus: Deposit and receive a bonus of up to 30%. The funds available shall be transferred to the Balance of the Clients trading account and shall be available for trading following completion of this Terms or withdrawal if the Client has traded the Minimum Number of Lots (calculated in accordance to the following formula) within Active period and the Client has not submitted a withdrawal request for the Deposit during Active Period. Minimum Number of Lots = Bonus Amount * 2 / 10.

No Deposit Bonus: You can receive up to $500 as a no deposit bonus, the trading period is 7 days and the bonus funds are converted into real funds at a ratio of $5 per lot traded.

Educational & Trading Tools

We did not notice anything relating to education or trading tools on the site, this is a shame as a lot of more modern brokers are looking to help their clients improve on their trading by adding education and learning, so it would have been nice for The Liquidity to do something similar.

Customer Service

The Liquidity support team is available 24 hours a day 5 days a week. You can contact them using the online submission form, simply fill in your question or concern and you should get a reply via email. There is also an email address and skype username available.

  • Email: help@theliquidity.com
  • Skype: theliquidity

Demo Account

Demo accounts are available from The Liquidity and allow you to test out the trading conditions without risking any real capital. You can choose a demo account version of any of the live accounts and leverage between 1:1 and 1:500 (depending on the account’s own limits). 

Countries Accepted

The following statement is present on the website: “The Liquidity does not accept clients from the U.S., Canada, Iraq, Sudan, Syria, and North Korea.”

Conclusion

The three accounts on offer give you a choice of different reading environments from commission-based to spread-based. The Premium account is a little expensive having a commission of $8 per lot traded along with spreads averaging at 1 pip. There are enough assets to trade apart from there being no indices available to trade. Plenty of options to deposit and withdraw with, there are also no added fees which is good to see.

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