
Liquid Brokers Review
LiquidBrokers: multi-asset broker with crypto funding, modern platform, and regulated ASIC AR status.
Overall Rating
4.3/5.0
Regulation
Regulated
Min. Deposit
$10
Spread From
0.01 pips
Max Leverage
1:500
Maximum Leverage
1:500
Australian-based forex traders looking for ECN pricing with raw spreads from 0.0 pips
Withdrawal
12-24 hours processing; 2-5 business days officially
Heritage
1/15 Packer Road Baringa, Qld, Australia, 4551
Established 2023
Supported Platforms
Key Advantages
- $10 minimum deposit on ECN and No Commission accounts
- Leverage up to 1:500
- Proprietary Liquid Charts platform with TradingView integration
- Crypto-first funding with fast processing
- Raw spreads from 0.0 pips on ECN account
Considerations
- Original principal (Pulse Markets) had AFSL cancelled by ASIC Feb 2026
- 2.4/5 Trustpilot rating with withdrawal complaints
- Registered only since January 2023 — short track record
- Bank transfer funding not yet available
Broker Overview
LiquidBrokers is an Australian-registered online broker operated by Liquid Markets Pty Ltd (ABN 79664904027), registered in January 2023 in Baringa, Queensland, Australia. The broker offers trading across forex, indices, commodities, metals, crypto, and stock CFDs through its proprietary Liquid Charts platform. LiquidBrokers primarily serves international clients — Australian residents are restricted from opening accounts.
Regulation and Safety
LiquidBrokers' regulatory situation requires careful examination. The broker originally operated as a Corporate Authorised Representative (CAR 001302232) of Pulse Markets Pty Ltd, which held AFSL 220383. However, ASIC cancelled Pulse Markets' licence on 11 February 2026 citing "serious and sustained breaches" including failure to adequately supervise its authorised representatives.
Pulse Markets' licence was wholesale-only, which raises questions about whether LiquidBrokers' retail-facing services were within the scope of the original authorisation. Following the cancellation, LiquidBrokers' website references Alpha Securities Pty Ltd (AFSL 330757) as its current principal. Alpha Securities holds an active AFSL covering both retail and wholesale services.
The regulatory transition from a cancelled principal to a new one is a significant consideration. Traders should verify LiquidBrokers' current AR status directly with ASIC before depositing funds.
| Detail | Information |
|---|---|
| Company | Liquid Markets Pty Ltd |
| ABN | 79664904027 |
| Registration | January 2023, Queensland, Australia |
| Original Principal | Pulse Markets Pty Ltd (AFSL 220383 — cancelled Feb 2026) |
| Current Principal | Alpha Securities Pty Ltd (AFSL 330757 — active) |
| AR Number | CAR 001302232 |
Account Types and Pricing
LiquidBrokers offers four account types with varying spread and commission structures:
| Feature | VIP | ECN | No Commission | Islamic |
|---|---|---|---|---|
| Spreads From | 0.0 pips | 0.0 pips | 1.2 pips | Varies |
| Commission | $3.50 per lot | $7.00 per lot | None | None |
| Minimum Deposit | $100,000 | $10 | $10 | $10 |
| Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 | Up to 1:500 |
The VIP account offers the tightest pricing at $3.50 per lot but requires a $100,000 minimum deposit. The ECN account is accessible from $10 with raw spreads and a $7.00 per lot round-turn commission. The No Commission account builds costs into a wider spread starting from 1.2 pips.
Leverage of up to 1:500 is available across all account types — significantly higher than the 1:30 cap imposed by ASIC on regulated Australian brokers. This is possible because LiquidBrokers restricts Australian residents from opening accounts.
Trading Platform
LiquidBrokers uses its proprietary Liquid Charts platform with TradingView integration for advanced charting. The platform is web-based and accessible on desktop, mobile, and tablet without requiring software downloads.
Liquid Charts offers standard trading features including advanced charting tools, one-click trading, and real-time market data. The TradingView integration provides access to indicators, drawing tools, and community-built scripts.
LiquidBrokers also states that MT4 and MT5 are available, though the primary platform promoted is Liquid Charts. Traders who require MetaTrader specifically should confirm availability and full functionality before committing.
Instruments
LiquidBrokers lists over 200 tradeable instruments:
- Forex: Major, minor, and exotic currency pairs
- Indices: Global stock indices
- Commodities: Metals and energies
- Crypto: Cryptocurrency CFDs and perpetual futures
- Stocks: Share CFDs on selected equities
The instrument range covers the core asset classes. Specific counts per asset class are not published on the website. The crypto offering includes perpetual futures — unusual for a broker primarily marketed as a forex platform.
Deposits and Withdrawals
LiquidBrokers emphasises crypto-based funding as its primary payment method.
| Method | Minimum Deposit | Processing |
|---|---|---|
| USDT (TRC-20) | $10 | After blockchain confirmation |
| Bitcoin | $10 | After blockchain confirmation |
| Credit/Debit Card | Varies | Instant |
| Bank Transfer | Listed as "coming soon" | N/A |
Minimum withdrawal is $20.30. Crypto withdrawals are the primary method, with card withdrawals also available. Bank transfer is listed but not yet fully operational. The crypto-first approach suits traders who already hold cryptocurrency but limits accessibility for those who prefer traditional banking.
Trustpilot and User Feedback
LiquidBrokers holds a 2.4/5 rating on Trustpilot from 21 reviews, with 67% rated one star. Common complaints include withdrawal difficulties, platform glitches, and concerns about stop-loss execution. The low review count and negative sentiment should be weighed carefully.
Positive reviews mention competitive spreads and fast crypto deposits. The small sample size makes it difficult to draw definitive conclusions, but the pattern of withdrawal complaints is a concern that appears in multiple independent reviews.
Restricted Countries
LiquidBrokers restricts access from 29 countries and territories including Australia, the United States, Japan, New Zealand, Russia, and others. The restriction of Australian residents is notable given the company's Australian registration — this suggests the broker's primary market is international clients seeking higher leverage than tier-one regulators permit.
Who Is LiquidBrokers Best For?
LiquidBrokers targets international traders who want high leverage (up to 1:500), low minimum deposits ($10), and crypto-based funding. The broker may suit traders who:
- Prefer cryptocurrency deposits and withdrawals
- Want high leverage unavailable at tier-one regulated brokers
- Are comfortable with a newer broker and proprietary platform
The broker is less suited to traders who prioritise strong regulation, MetaTrader compatibility, or bank transfer funding. Traders seeking similar conditions with stronger regulatory backing should consider Pepperstone (SCB entity for high leverage) or FP Markets (Seychelles entity).
Final Thoughts
LiquidBrokers offers competitive trading conditions — raw spreads, high leverage, and crypto funding — but the regulatory situation demands scrutiny. The cancellation of its original principal's AFSL by ASIC in February 2026 is a material concern. While the broker has reportedly transitioned to Alpha Securities as its new principal, traders should independently verify this arrangement with ASIC before depositing funds.
The 2.4/5 Trustpilot rating, withdrawal complaints, and the company's short operating history (registered January 2023) add to the risk profile. LiquidBrokers is not in the same category as established, multi-regulated brokers. Traders who choose to use LiquidBrokers should start with small amounts, test withdrawal processes before scaling up, and maintain realistic expectations about the level of regulatory protection available.
Frequently Asked Questions
Is LiquidBrokers regulated?
LiquidBrokers operates as a Corporate Authorised Representative under an Australian Financial Services Licence. Its original principal, Pulse Markets, had its AFSL cancelled by ASIC in February 2026. The broker now references Alpha Securities (AFSL 330757) as its principal. Traders should verify the current AR status directly with ASIC.
What is the minimum deposit at LiquidBrokers?
The minimum deposit is $10 via USDT (TRC-20) for ECN, No Commission, and Islamic accounts. The VIP account requires a $100,000 minimum deposit.
Can Australians use LiquidBrokers?
No. Despite being an Australian-registered company, LiquidBrokers restricts Australian residents from opening accounts. The broker primarily serves international clients.
What platform does LiquidBrokers use?
LiquidBrokers primarily uses its proprietary Liquid Charts platform with TradingView integration. MT4 and MT5 availability is stated but the proprietary platform is the primary offering.
What leverage does LiquidBrokers offer?
LiquidBrokers offers leverage up to 1:500 across all account types. This is possible because the broker does not serve clients in jurisdictions with retail leverage caps.
Account Types
| Account Type | Details |
|---|---|
| VIP | 0.01 pips · ECN: $7 per lot (spreads from 0.0 pips); VIP: $3.50 per lot ($100k min deposit); No Commission: 1.2 pips spread commission |
| ECN | 0.01 pips · ECN: $7 per lot (spreads from 0.0 pips); VIP: $3.50 per lot ($100k min deposit); No Commission: 1.2 pips spread commission |
| No Commission | 0.01 pips · ECN: $7 per lot (spreads from 0.0 pips); VIP: $3.50 per lot ($100k min deposit); No Commission: 1.2 pips spread commission |
| Islamic | 0.01 pips · ECN: $7 per lot (spreads from 0.0 pips); VIP: $3.50 per lot ($100k min deposit); No Commission: 1.2 pips spread commission |
Compare Liquid Brokers
The Final Verdict
LiquidBrokers: multi-asset broker with crypto funding, modern platform, and regulated ASIC AR status.
4.3/5
Overall Score
Regulated
Primary Regulator