Comprehensive Review of Liman Capital

What’s wrong with a broker allegedly based in the United Kingdom that publishes positive reviews on its website? Could it be a scam? Let’s find out. Liman Capital certainly resembles yet another illegal brokerage platform.

Highlights

Key Trading Features

Liman Capital has developed no less than eight account tiers for its clients. However, looking at the minimum deposit requirements, one might wonder if anyone would even consider the plans beyond the first two. It seems pointless, as the deposit demands are outrageous. For instance, the first and second tiers start at €250 and €5,000 respectively, which is already quite high. The subsequent tiers require even more. This is clearly an attempt to extract as much money as possible from clients, promising better terms with more expensive accounts.

The most affordable option is the “Trial” account, requiring a €250 deposit. Here, they promise “low risks” and access to basic tools. In reality, this is just a way to lure in beginners. There are no real benefits or access to useful features. No analytics, no education, not even a hint of support. This means you’re left entirely on your own. Moreover, crucial conditions such as leverage and fees are not even mentioned.

Speaking of leverage, the maximum is 1:200, according to account descriptions. However, such high leverage is prohibited by regulators. Does this mean Liman Capital lacks a license? We’ll find out shortly.

Overview of Available Trading Instruments

As for trading assets, everything here is standard. Liman Capital provides access to all major market classes: forex, metals, indices, commodities, cryptocurrencies, and stocks. There aren’t many instruments — just 412 in total, and all of them are CFDs. These are easily manipulated since they are artificial assets rather than real ones.

Trading Platform Analysis

The main interface of the trading platform is taken from the popular TradingView service. This means clients have access to technical analysis, basic indicators, various timeframes, and chart types. Additionally, Liman Capital supports pending orders and watchlist creation. These are minor advantages, but they are not enough to call the platform advanced or suitable for serious trading.

Now, let’s talk about the drawbacks. You cannot upload custom settings or indicators. There is no order book, depth of market, or many other advanced tools. Moreover, the platform is only available in a web format. There are no mobile or desktop versions. Additionally, there is no demo account, meaning you cannot test the service with virtual funds. You are forced to invest real money and take risks, with a minimum deposit of €250.

Additional Services

The Liman Capital website advertises several additional services supposedly designed to make a trader’s life easier. For example, they promise access to an educational center, personal account managers, financial calendars, and even the development of custom strategies. However, many of these are not worth considering, as they are only available to those who invest significant amounts — €50,000 or more.

Let’s focus on something else. In the personal account area, there is a section called “Savings”. Here, clients can choose investment plans with returns of up to 10.9% annually, depending on the financial instrument. However, where does this kind of yield come from? For example, for Bitcoin, they promise a return of 10.9% annually if you invest in BTC for one year. Liman Capital provides no explanation for how this return is achieved.

As for the other services, the main problem is the lack of specificity and transparency. Clients don’t understand exactly what they’re getting. Where are the details? What tools, what analytics, and which specialists? Everything is hidden behind grandiose claims. This inspires no confidence that the company genuinely aims to help you earn money rather than just take your funds under the guise of attractive promises.

Fee Structure

Liman Capital’s approach to fees is equally confusing, which raises concerns. The website states that there are no deposit fees, but this is standard practice and nothing to boast about. However, the situation with withdrawals is entirely different. Most account tiers come with withdrawal fees, which can go up to 10%. Imagine depositing €10,000 and losing €1,000 just to withdraw your funds. That’s a massive financial hit.

There’s no mention of trading commissions or spreads at all. It’s impossible to determine whether trading with Liman Capital is even cost-effective.

Legitimacy of Liman Capital

So, what’s wrong with this company? Looking at their trading conditions, we have doubts that such a firm can operate officially and legally in the United Kingdom, which is the jurisdiction listed as the broker’s location. We decided to check the FCA register but found no trace of Liman Capital. This is highly suspicious. Next, we checked the UK corporate registry and discovered that no such organization exists there either. The conclusion was clear — this is a fake broker.

The website footer mentions a regulator called FINSEU and even provides a link to a supposed license. First, FINSEU is not mentioned in lists of recognized or reputable financial market regulators. Genuine regulators like the FCA (United Kingdom), CySEC (Cyprus), ASIC (Australia), or NFA (United States) are easy to find online, have established reputations, and are transparent. FINSEU, on the other hand, appears nowhere except in connection with Liman Capital.

Such a “regulator” cannot be trusted. This is a typical hallmark of a “black broker” that uses fictitious organizations to build credibility. If a company is truly regulated, it will cite a recognized authority with a verifiable license, not invent a “regulator” out of thin air.

Company History

The length of time a broker has been operating plays a significant role. It’s clear to everyone that the older the broker, the more trust it earns. However, how long has Liman Capital been in business? On their official website, they claim to have 500,000 clients and 10 years of experience, but this is nothing more than bait and fake information. How can it be 10 years when the domain limancapital.net was only registered in August 2024?

Conclusion

A fake FINSEU license, lack of registration in the United Kingdom; withdrawal fees as high as 10%, and promises of returns without explanation make this company unsafe. Do not engage with Liman Capital if you want to avoid losing your money.

Weighing the Pros and Cons

Common Questions