Brokers / Liquid

Liquid

Moderate riskCrypto exchange

🇭🇰 Hong Kong · 5-10 years · since 2017-09-20 · Liquid Capital Markets Hong Kong Limited

This is a crypto exchange, not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.

▲ 0% positive▼ 100% negative

Independent ratingshow third parties score this broker

WikiFX1.62/10

Trustpilot—/5

Forex Peace Army—/5

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🇺🇸

No sign that Liquid actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.

Moderate risk

Scam Risk Scoremonitored · 2026-07-28

Lower riskHigher risk

16 user exposure/complaint reports filed
Withdrawal complaints in ~152% of recent reviews
No verifiable website or social-media presence

How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

Factor	Score	Weight
Regulation & licensing	55	35%
Company age	22	15%
Clone / impersonation	0	12%
Withdrawal & exposure complaints	100	12%
Offshore registration	45	8%
Transparency (site/info/social)	53	10%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company

Legal nameLiquid Capital Markets Hong Kong Limited

Headquarters🇭🇰 Hong Kong

Founded2017-09-20

Years operating5-10 years

Employees0

Official websiteliquidcapital.com

Trading conditions

Avg execution speed0 ms

Avg slippage0

Swap rating—

Trading cost rating—

Monitored traders0

Monitored orders0

Funding & instruments

Deposit methods—

Withdrawal methods—

Instruments—

Registered address

Suite 2212 22/F, 3 Lockhart Road, Wan Chai, Hong Kong

Regulation & licenses · 1

Regulator	License type	License No.	Region	Status
SFC	Derivatives Trading License (AGN)	ATL816	Hong Kong	—

Review analysis AI

Across 23 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (35 reports) — the classic warning sign in forex.

Period:

What users complain about

Where reviewers are from

Hong Kong23

Positive vs negative · last 2 months Pos Neg

Sep

Oct

Real user reviews

Where Liquid operates

Active across 1 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇦🇹 Austria

🇭🇰 Hong Kong Licensed 16 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About Liquid

Liquid is a forex and CFD broker based in Hong Kong, with records dating to 2017-09-20. It reports oversight from SFC.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Overview compiled by FXCanary from regulatory records and public data. full Liquid review