ANSWER Liberal FX is not a licensed broker and should be avoided at all events. Liberal FX claims to provide traders with forex trading services under the regulation of some of the world's most-trusted financial regulatory bodies. In fact, it lacks any kind of regulation. As we all know, all good brokers are not only registered but also will provide their credentials and help you verify their registration status. If Liberal FX is actually regulated by any regulators, it will definitely present the license information on its website. In fact, it lists no any regulatory certifications or governmental registrations on its website. That means investors' funds in this broker is unsafe and cannot be protected by any laws. What's worse, the UK regulator FCA has issued a public warning against Liberal FX. It shows that this entity has not been authorized to carry out investment services and activities in the UK as a result of a lack of the authorization. You can check the full warning here. As per the evidence above, we conclude that Liberal FX is thoroughly a scam on account of running its business without any relevant license approved by a reputable regulator. Therefore, we would recommend traders stay away from unregulated brokers and trade with licensed brokers.
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