30 reviews of LQD Markets are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
DO NOT USE! They hold customers money. I can not withdraw my money back. I've deposited with Moneybookers then tried to withdraw. They said I can withdraw to bank only. I've sent them by bank account number, they replied that they can not send to bank in my country. No all my money lost.
Hello guys, I just want to share my experience with Tadawul – Liquid Markets company. You decide - is it a scam or not...
It was a shock to find out that the withdrawal cost (bank transfer) from my trading account was USD75.00! With my experience making transfers from Cyprus, USA, Switzerland, UK, I never met such expensive conditions during many years.
I’ve asked support about transfer cost before that and their answer was – USD5.00-15.00. Great! But they never told me that these are just their charges (Liquid Markets charge for withdrawal) assuming that I must be aware about additional bank charges of USD60.00! The reasonable question: what is their support for: help me get a clear picture or hide the total cost?
You can tell them, this is not possible! The charges are huge... (now transfer cost does not exceed $30.00 or near) it does not matter. Business manager called me after all and have explained: the bank charges are OK but their company does not charge me for withdrawal at all... Looks like they do not understand themselves what is going on but they will trim your money without any hesitation – USD75.00! Fantastic! Please beware!
Thought I'd better find another honest company, the market is huge these days.
Trading with Tadawul FX is best experience. They are very professional and offer me good trading conditions. Even when I first started, I practice a lot with Demo account and use very good education guides and information that they give me free from website. I get technical analysis every day and have chart recognition. I can even trade from my mobile phone but I not use too much :-)
Thank you for the link.
The fact that we are directly connected to numerous providers is the reason that we allow the placing of trades or limit orders prior to News releases. It goes without saying that the unique trading of Tadawul FX Ltd is probably one of the very few that does not widen the spreads or disable the trading during News releases.
On the other hand, many ECN brokers disable trading during volatile hours due to the fact that the counterparties who they work with, do not allow any trading during major News releases.
As mentioned in our previous post, the change of the pending order is a direct result of the change we have with our banks in which, the latter are considered to be as the main players in the FX Market.
In regard to the delay of your execution, please note that the delay may occur due to a price change. Bear in mind that the price change sometimes may react in your favour and as a result, you may enter or exit the market at a better rate than what you have requested in the first place.
@Tadawulfx I did my research , I know virtual plugin can change the pending order level just before news release,see the following video
www.youtube.com/watch?v=bGWAEX5xtpY which demostrates how broker can manipulate clients order and also see all the trades information especially stoploss. I really had a very difficult time trading as I had my stop loss hunted . The Straight-Through-Processing (STP) is as suseptible to be manipulated as a dealing desk. Only true ecn networks offer the best spreads and have NO pending order level widening,true market execution PERIOD. Execution arent as fast as ive seen on other brokers, maybe because virtual dealer plugin has time delay for orders so you would get requotes.
It is unfortunate that you did not at any time contact our friendly customer service team or your dedicated personal account manager to discuss your perceived issues.
In any case allow me to provide some clarifications. Our sophisticated trading system is directly and simultaneously connected to many liquidity providers, executing client trades with the best channel. Any changes that occur prior to major news announcements are direct action taken by our banks, not Tadawul FX. This in itself is evidence that we follow the Straight-Through-Processing (STP) model. If we used a “virtual dealer” as you claim then there would be no widening on pending orders prior to news releases. Therefore your statement is a contradiction in itself.
In our commitment to providing a superior trading experience for clients, we would be happy to talk to you further about any issues you may be facing. Please call us on +357 25 200 925 or email us at email@example.com as you prefer.
STAY AWAY!!!At first I thought Tadawulfx was a reputable broker. After using demo account for 2 month the execution were fast no requote or slippage but after opening a live account and trading 1 year with them I suspected they were cheating,using stop loss hunting , requotes and leverage manipulation to get margin calls and after I downloaded the following video http://thepiratebay.se/torrent/6943545/. Its seem tadawulfx is using virtual dealer plugin, a nasty piece of software to make your trade unprofitable.Also on demo account they never change pending order level just before news and on live account they change pending level orders by as much as 30 points which made my strategies unprofitable. I am in completely dissapointed as to how tadawul makes buissness. I went to ecn broker and the difference was very clear. Dont ever open account on market maker broker, use true ecn like mbtrading dukascopy etc, you'll struggle less and make more profitable trades.Be smart , don't get quickly impress by brokers.
Impressive customer service. Good execution and so far I haven’t had any problems, although ive only traded with them for just over a month.
I’ve started trading with this broker about 3 months ago and so far I’m pleased. The account opening and depositing was quick, and my account manager was quite friendly and helpful which is nice for a change. They also have this chart pattern recognition tool that I use and so far I’ve made 240+ pips with it that I’m quite pleased about. I haven’t withdrawn any money yet so will have to update you on that later.
Made research about this company and Saw very good news, I opened an account from 7 month, at start everything was working very well but now this people start to manipulating prices, have high slippag, slowing execution during news, delaying orders and take them at other places.
I advice all New trader and professional traders not to try this company because they will take your money and tell you always about professional work.
I’ve done lots of research on Tadawul fx before I opened an account with them, and only seem to come across good posts. There is hardly anything negative on this broker, which is rare in my experience. Its been over 2 months of trading and so far, so good. They seem very decent and their service and customer support is actually very good. I would recomend them to other traders for sure.
The company is one of the best and I would recommend to use it for all types of orders. They have efficient customer service, execution without requotes and fast deposits and withdrawals. Im satisfied with their service so far and I made decent profit.
I had big problem with this broker. In march when the Yen made big run on intervention they disconnected me from MT4. I only had small account but they are not a good firm.
They trade against u,, totally scam,, and i m not a new trader, i m trading since 8 years...and i understand very well about platforms and brokers... go for any broker but not tadawulfx..
WARNING! WARNING! WARNING! WARNING! WARNING!
they are scammers and just look at your charts and find out
Tadawul fx playing a rotten game and I have to send out a warning. I have accounts with FXDD Malta, GallantFX, Alpari us, GFT UK and FXCM when news are coming i`m getting a lot of disconnects , the platform is freezing only with Tadawul fx ,this is a big problem because as you all know we need fast actions.
I have an account with tadawul for a bout 5 months and have had two problem with them
1-I had a buy pending order on eur usd the price went 10 pip after my pending order and did not hit it !!!! 5 minutes later the price flay 150 pips up I most say this most be my pips.
2-one sale order been open , I never ever open it my ea never open it ,how I know because my robot is been set up to take profit and stop loss and this sale order been open with out stop loss and take profit .
I email them and answer my email with rejection they said that my ea opened the order .
I been testing the robot on 5 different demo account and never had this problem with any one else but tadawulfx.
so they try all they can to keep you away from making money.