ANSWER Liirat Ltd is not a licensed or regulated broker even though it states offers that look good to be true. Liirat Ltd claims to be one of the region's leaders in financial services without presenting any details about its trading license and contact information. The lack of information of the broker's regulation, contact details and requisite legal documents (i.e. terms & conditions, privacy policy, risk disclosure, etc.) is a big red flag for potential traders.Moreover, downloading its MT4 software, we found that Lirrat LTD is located in Belize. But we didn't find any result of this broker from the Belize regulator Financial Services Commission (Belize FSC). The truth is, Liirat Ltd is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Liirat Ltd and trade with licensed brokers.
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