LIBER FOREX is an online trading platform operated by Liber Ltd. Despite being in operation for some time, the platform has significant issues with transparency. The platform has not disclosed crucial information such as registration details, regulatory certifications, and deposit/withdrawal methods, which increases the risk for investors using the platform.
Corporate Background of LIBER FOREX:
The official website of LIBER FOREX is https://liberforex.global/, operated by Liber Ltd. The domain was registered on May 19, 2020, and has been active for a while. However, LIBER FOREX has not disclosed its registration information, and no detailed operational information is available on the official website. This lack of transparency makes it difficult for investors to verify the platform's background and legitimacy, increasing the potential investment risk.
Regulatory Information of LIBER FOREX:
LIBER FOREX has not disclosed any verifiable regulatory information, which further heightens investor concerns about its legitimacy. Due to the absence of relevant regulatory certifications, the platform poses a significant risk. It is recommended that investors avoid making deposits on this platform to prevent unnecessary financial losses. The discrepancy between the platform's claims and the actual situation greatly undermines its credibility, and investors should approach it with extreme caution.
Account Registration Process of LIBER FOREX:
The process of opening an account with LIBER FOREX consists of four simple steps:
- Registration: First, users need to create an account directly on the LIBER FOREX official website. Visit the official website, find and click the "Register" button, and fill in the required personal information to complete account creation.
- Verification: After completing the account registration, users need to upload relevant documents to verify the account. Verification documents typically include proof of identity (such as a passport or driver's license) and proof of address (such as utility bills or bank statements). Ensure the submitted documents are clear and meet the requirements to successfully pass the verification.
- Deposit: Once the account verification is complete, users can log in to the LIBER FOREX platform and fund their account. The platform supports various deposit methods, and users can choose the one that suits them best for depositing funds.
- Invest: After the account funds are available, users can choose to invest from over 75 financial instruments offered by the platform. LIBER FOREX provides a diversified range of trading products to meet the needs of different investors.
Account Types of LIBER FOREX:
LIBER FOREX has not disclosed specific information about its account types. Investors should thoroughly understand the various account options of the platform before registering to select the account type that best suits their investment needs.
Trading Software of LIBER FOREX:
LIBER FOREX supports MetaTrader 5 (MT5) as its primary trading platform. MetaTrader 5 is globally used trading software known for its advanced charting capabilities, powerful technical analysis tools, and flexible trading strategy support. MT5 provides traders with a comprehensive toolset to efficiently trade forex, stocks, futures, and other financial products.
What are the Spreads, Leverage, and Commissions of LIBER FOREX?
LIBER FOREX offers its traders leverage up to 1:500, allowing users to control larger trading positions with smaller capital. Additionally, the platform provides trading conditions with spreads as low as 0.0 pips, which is attractive to investors seeking low-cost trading. The initial deposit amount is $100, allowing both novice and experienced traders to enter the market with a low entry barrier. However, the platform has not disclosed its specific commission structure, which is crucial for evaluating the total cost of trading. Investors are advised to verify further details about commissions before deciding to use LIBER FOREX.
What are the Deposit and Withdrawal Methods of LIBER FOREX?
LIBER FOREX has not disclosed detailed information about its deposit and withdrawal methods on its official website. This lack of information may affect investors' confidence in the liquidity and security of their funds. Understanding the deposit and withdrawal options supported by the platform is an essential step in evaluating a trading platform. Potential users are advised to contact customer support for relevant information before making any deposits.
Customer Support of LIBER FOREX:
Email: support@liberforex.global
Phone: +441677938888
Conclusion:
The lack of transparency and regulatory compliance information on LIBER FOREX raises questions about the platform's credibility. The undisclosed registration information, regulatory certifications, and deposit/withdrawal methods make it difficult for investors to assess the platform's legitimacy and safety. Potential users are advised to carefully evaluate the risks and verify related information through other channels before using the platform to avoid possible financial losses. Currently, LIBER FOREX is listed as "Suspected Fraud" on TraderKnows.
