Brief Look at LQDFX
LQDFX, established in 2015, is a scam broker that gained notoriety in 2017 for its illegal activities.
Initially, LQDFX attracted traders with competitive spreads, high leverage, and enticing promotions. However, users soon began reporting withdrawal problems, with many former clients experiencing significant delays or being completely denied access to their funds. Consequently, traders started posting warnings about LQDFX's unregulated activities on numerous forums.
Furthermore, there were instances of LQDFX unilaterally changing its trading conditions, resulting in client losses. A lack of transparency and poor customer service further fueled suspicions.
In 2018, several financial organizations issued warnings against LQDFX, advising traders to steer clear of the broker due to its questionable practices. Despite these warnings, LQDFX continued operating, exploiting inexperienced investors. As a result of its fraudulent activities, LQDFX has been added to the blacklist in 2024.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
Articles that may help you
Check out our reviews of other companies as well
