The assertion of Liberty Commercial Finance Limited is that they’re present where opportunities soar. They promise to give access to over 50 global markets using their proprietary technology. The libertycommercialfinanceltd.com website continues to say that clients are their main focus and that profitable journeys in trading begin at Liberty Commercial Finance Limited.

Join us in our review of this firm as we explore the offerings and of course the red flags which make this broker not an attractive option at the moment. The title of this review has implied that Liberty Commercial Finance Limited is a scam, and we would like to demonstrate why this is so.

Basic information about Liberty Commercial Finance Limited broker

Website of the firm	https://www.libertycommercialfinanceltd.com/
Company	Liberty Commercial Finance Limited
Email	support@libertycommercialfinanceltd.net
Phone number	+442086384777
Address	Tower 42, 25 Old Broad St, London EC2N 1HN
License	None
Assets	Forex and CFDs
Trading platform	WebTrader

A general overview of the libertycommercialfinanceltd.com website

Their website exudes confidence and premium-kind of service. It appears to be the ideal type of website design that professional brokers must use if they want to be trusted for their service. They marinate the message with lots of spicy sales language. New clients may think that Liberty Commercial Finance Limited is the real deal because of how they market the service to visitors who open their homepage with the intention of finding a broker that they can consider.

Generally, we don’t consider the face of this broker “bad looking”. So here we give them a fair rating as far as website looks and how they present information is concerned. By the way, this seems to be the only item in the pros section of this review.

The client portal of Liberty Commercial Finance Limited broker

The process of signing up is a one-minute affair as they will request your name, email, telephone number and password. Brokers of this kind insist on telephone numbers so that they can keep pestering you with calls in the event that you signed up but failed to progress to the deposit stage.

So far, so good. Now we’re in the actual client dashboard. From here, we can go to the WebTrader by clicking a simple button or interact with the client portal in various ways depending on what we want to do.

As you can see in the image above, uploading of KYC documents is possible, changing of account password, viewing transaction history and all of those basic functions of a user dashboard can be executed from this one place.

The trading platform of libertycommercialfinanceltd.com

It’s a WebTrader obviously. They claim that WebTrader is the “pinnacle of trading innovation”. However, this is disputable statement because there is a big army out there of retail CFDs traders who prefer MT4/5 to WebTrader.

The WebTrader is able to carry out all of the functions of the MT4/5 software. However, for some reasons majority of traders are still sticking with MT4/5 and not willing to use any other charting application.

Last but not least, the WebTrader software has been popularized by scam brokers. Nearly all scam brokers out there will have WebTrader as their main choice of charting application.

Could this be the reason why libertycommercialfinanceltd.com is also offering it?

A look at the various account types offered by Liberty Commercial Finance Limited

Like every other CFDs broker, Liberty Commercial Finance Limited is touting multiple account types for traders of various needs.

The basic account has the minimum deposit set at 100 EUR. If you want to upgrade, you must deposit 2,000 EUR.

The highest account type is the Corporate account which requires an undisclosed minimum deposit. The leverage for this account type is 1:100. Leverage is modest when you choose the lowest account.

Similarly, spreads are highest when you choose the lowest account type. They seem to get better as you upgrade to higher plans.

Provisions for an account manager is standard across all plans. A personal manager is also going to be available. This guy will also provide you with signals and trade analysis. This would constitute a broker who is giving investment advise. This breaches their terms and conditions because the broker also has a clause stating that they don’t provide investment recommendation.

Is Liberty Commercial Finance Limited a scam broker?

This is your typical scam broker who is using professionalism as a cover up for their shortcomings. Their licensing status is something they don’t want to talk about. They’re hoping that you won’t be bothered by the elephant in the room.

The consequences of trading with an unlicensed broker is obvious by now. Nearly all people who use these brokers end up with some kind of serious and unfortunate financial situation. The broker doesn’t follow guidelines from any financial authority and this often leads to a broker misappropriating and even stealing funds from its clients.

Liberty Commercial Finance Limited claims to be a UK-based broker. So the question is why exactly are they operating without the authorization of the FCA?

Secondly, we found shocking evidence of libertycommercialfinanceltd.com having cloned the identity of an FCA-regulated firm.

The notice below is from the FCA official website:

It’s quite interesting,

The Pros and Cons

Summary

It was supposed to end on a negative note because libertycommercialfinanceltd.com is not operating according to the standards and procedures that retail brokers follow. Liberty Commercial Finance Limited uses deceitful language to get some victims here and there. These victims initially think that the broker is trustworthy, honest and transparent. However, they end up getting scammed. This particular broker will give you the worst experience in online trading. In our conclusion, we urge you to avoid them.

I also encourage you to participate in the comment section for further discussion regarding this particular broker or any other scam site that you have come across on the internet recently.

Thank you.