SmartProfitFX vs Liquid Markets
Liquid Markets, trading as Liquid Brokers, publishes VIP, ECN, No Commission and Islamic accounts, help-center account rows, crypto/card funding, MT5 and Liquid platform options, and Australian authorisation caveats.
Verdict
Liquid Markets may fit traders who specifically want Liquid Brokers account rows, MT5 and Liquid platform access, crypto/card funding and regional funding methods. SmartProfitFX is the better fit only when the Eightcap-powered setup is the main requirement and the lower round-trip commission is one supporting factor.
Use it for the Eightcap-powered setup
SmartProfitFX can make sense for eligible non-US traders who want Eightcap-powered platform and market access, account resources, funding and withdrawal context, support information, and the $1 lower round-trip commission than opening directly with Eightcap.
Use it for Liquid Brokers account rows
Liquid Markets may fit traders who specifically want to compare ECN, VIP, No Commission, Islamic, Cent or Copy account references, MT5, Liquid platform options and crypto/card funding.
Regulatory references changed
Liquid Brokers materials include current Alpha Securities wording and older Pulse Markets references, so the authorisation trail should be checked before opening or funding.
Quick comparison
Research checked 2026-06-03. Broker terms can change; verify current official documents before opening or funding an account.
| Category | SmartProfitFX powered by Eightcap | Liquid Markets / Liquid Brokers |
|---|---|---|
| Best fit | Eligible non-US traders who want Eightcap-powered platform and market access, account resources, funding materials, support context and the $1 lower round-trip commission than opening directly with Eightcap. | Traders researching Liquid Brokers account rows, MT5 and Liquid platform access, crypto/card funding, local payment rails and Australian authorisation caveats. |
| Account setup | SmartProfitFX is an account-opening option powered by Eightcap, not the regulated broker. The trading relationship depends on current Eightcap documents. | Liquid Brokers lists VIP, ECN, No Commission and Islamic accounts. Help content also references Cent for MT5 and CPY/Copy Trading. |
| Pricing | Eightcap-powered account terms should be checked through current Eightcap documents; SmartProfitFX adds a $1 lower round-trip commission than opening directly with Eightcap where applicable. | ECN lists from 0.0 pips and $7 per lot; VIP lists from 0.0 and $3.50 per lot; No Commission lists from 1.2 and no commission; Islamic lists from 0.0 and $7 per lot. |
| Platforms | Eightcap-powered platform availability should be verified against current Eightcap platform pages and the eligible onboarding entity. | Liquid Brokers lists Liquid Charts, Liquid Charts Pro, Web Trader and MT5. |
| Markets | Forex and CFD market access depends on the current Eightcap-powered account infrastructure and jurisdiction. | Liquid Brokers lists forex, commodities, energies, agriculture, metals, US/EU stocks, indices, crypto spot and crypto perpetuals. No Commission excludes crypto in help-center wording. |
| Entity and regulation | SmartProfitFX should not be presented as the regulated broker; check the applicable Eightcap entity and legal documents. | Liquid Markets Pty Ltd, trading as Liquid Brokers, lists ABN 79 664 904 027. Site footer references AFS Representative 001302232 of Alpha Securities Pty Ltd AFSL 330757. |
| Funding | Check current Eightcap-powered funding methods, processing times, fees and region rules before funding. | Liquid Brokers funding pages list crypto and card options, MoonPay card fee of 2%, local methods for Thailand, LATAM, Ghana, Kenya and Nigeria, and a 1.5% withdrawal fee. |
| Eligibility and risk | SmartProfitFX eligibility follows current SmartProfitFX and Eightcap restrictions, including non-US availability limits. | Liquid Brokers says it is not for USA citizens or residents and lists restricted territories including Australia, New Zealand, Japan, Saint Lucia, Russia, Iran, North Korea, Syria, Sudan, Venezuela and Zimbabwe. |
Liquid Markets source-checked broker details
The details below use Liquid Brokers account, help-center, funding, withdrawal, commission, ASIC and ABN sources plus SmartProfitFX/Eightcap sources for the SmartProfitFX side, keeping current Alpha Securities wording separate from older Pulse Markets references.
Four current tabs plus help-center MT5 rows
- Account page lists VIP, ECN, No Commission and Islamic accounts; help center also lists Cent for MT5 and CPY/Copy Trading rows.
- Help center lists $10 minimum deposits for ECN, NOC, Islamic, Cent and CPY, while VIP lists $100,000.
- VIP, ECN and Islamic list up to 1:500 leverage, spreads from 0.0 pips, STP execution with Level 2 Pricing and 200+ pairs.
- Help center says creating Islamic accounts is unavailable at the moment, despite the account page showing an Islamic tab.
Spread, commission and crypto fee treatment differ by row
- Commission article lists ECN at USD 7 per lot, VIP at USD 3.5 per lot, Islamic at USD 7 per lot, Cent at USD 0.7 per lot for MT5 only, and No Commission with no commission.
- Commissions are charged in USD and converted for other account currencies at the current market rate during the trade.
- Commissions are charged on opening only and deducted immediately, except crypto instruments.
- Spot crypto uses 0.035% and crypto perpetuals use 0.04%, with commissions charged on both opening and closing.
Liquid Charts/Pro and MT5 rows are not identical
- The account page FAQ says users trade on Liquid Charts, while the help center separates Liquid Charts/Liquid Charts Pro accounts from MT5 accounts.
- Liquid Charts/Liquid Charts Pro rows list ECN, VIP, NOC, Islamic and CPY; MT5 rows add Cent.
- VIP, ECN and Islamic list currencies, cryptos, metals, indices, stocks, commodities and crypto perpetual futures.
- No Commission lists currencies, metals, indices, stocks and commodities, so crypto should not be implied for that account row.
Crypto, card and local rails have method-level constraints
- Deposit article lists crypto and card as current deposit options, with local-currency methods depending on jurisdiction.
- Crypto deposit minimums include BTC at $50 and USDT-TRX, ETH, SOL, USDT-ETH, USDC-ETH and USDC-SOL at $10.
- Card deposits through MoonPay start from $20 and carry a 2% MoonPay fee deducted from the deposit amount.
- Withdrawal article lists a 1.5% withdrawal fee, wallet or trading-account withdrawal source, margin availability requirement and email 2FA confirmation.
Closed-loop and wallet-address rules matter
- Crypto withdrawal minimum starts at $25.38, with BTC minimum at $50.76 and listed stablecoin/SOL/ETH methods at $25.38.
- Thai Banking withdrawal minimum is $10.15 and withdrawals are typically processed within 24 hours.
- Thai Banking deposits must be withdrawn through Thai Banking and cannot be withdrawn through other methods under the closed-loop policy.
- Withdrawal article warns incorrect crypto wallet addresses may cause irreversible loss of funds.
Current Alpha wording, ABN status and Pulse history must stay separate
- ABN Lookup lists LIQUID MARKETS PTY LTD, ABN 79 664 904 027, active from 10 Jan 2023, Australian Private Company, GST registered, ACN 664 904 027.
- Current footer says Liquid Markets Pty Ltd trades as Liquid Brokers and is AFS Representative 001302232 of Alpha Securities Pty Ltd, AFSL 330757.
- Current footer says Liquid Markets Pty Ltd is not an OTC derivatives product issuer and is authorised to perform financial services to wholesale clients only.
- ASIC cancelled Pulse Markets Pty Ltd AFS licence 220383 effective 11 February 2026 after serious and sustained breaches of duties; older Pulse references should not be treated as current authorisation.
Wholesale, country restrictions and CFD risk are central
- Liquid Brokers says services and information are not directed at USA citizens or residents and are not for jurisdictions where distribution/use conflicts with local law.
- Restricted territories listed in the footer include Australia, New Zealand, Japan, Saint Lucia, Russia, Iran, North Korea, Syria, Sudan, Venezuela and Zimbabwe, among others.
- Risk disclosure says leveraged FX and CFDs may not be suitable for all investors and carry a high degree of risk to capital.
- Traders must also account for funding risks such as blockchain fees/delays, third-party processing fees, withdrawal fees and irreversible wallet-address errors.
Liquid Markets caveats
These caveats matter because Liquid Brokers has detailed account data but mixed authorisation references across current and older materials.
Keep Alpha and Pulse references separate
Current footer wording references Alpha Securities, while older help-center/account FAQ material references Pulse Markets, whose AFS licence was cancelled in 2026.
Check client classification
The site says Liquid Markets Pty Ltd is authorised for wholesale clients only and is not an OTC derivatives product issuer.
Islamic account availability conflicts
The account page shows an Islamic tab, while the March 2026 help-center account article says creating Islamic accounts is unavailable at the moment.
Fees are method-specific
Card, crypto and local withdrawal methods have different minimums, provider fees, withdrawal fees and country-specific rules.
Who should choose which?
The better fit depends on whether the trader wants the Eightcap-powered SmartProfitFX setup or Liquid Brokers' own account and funding menu.
- You are eligible outside the United States and want the Eightcap-powered account experience.
- You want Eightcap-powered platform access, market access, account resources, funding information and support context in one setup.
- The $1 lower round-trip commission than opening directly with Eightcap matters after the platform and account fit are already clear.
- You prefer not to rely on mixed current and older authorisation references.
- You specifically want Liquid Brokers ECN, VIP, No Commission, Islamic, Cent or Copy account references.
- You want Liquid Charts, Web Trader or MT5 access under the Liquid Brokers brand.
- You have checked whether wholesale-client wording applies to you.
- You accept crypto/card funding method rules and country-specific withdrawal restrictions.
FAQs
Is SmartProfitFX better than Liquid Markets?
SmartProfitFX is better only when the Eightcap-powered account setup, platform and market access, account resources, funding/support context and $1 lower round-trip commission than opening directly with Eightcap fit better than Liquid Brokers' own account menu.
Which Liquid Brokers account types are visible?
The checked materials list VIP, ECN, No Commission and Islamic accounts, with help-center references to Cent and Copy Trading.
Is Liquid Markets an OTC derivatives product issuer?
The Liquid Brokers site says Liquid Markets Pty Ltd is not an OTC derivatives product issuer and is authorised for wholesale clients only.
Can U.S. residents use this comparison as an account-opening guide?
No. SmartProfitFX eligibility must follow SmartProfitFX and Eightcap restrictions, including non-US limits, and Liquid Brokers says it is not for USA citizens or residents.
What is the main Liquid Markets risk issue?
The main risk issues are leveraged FX/CFDs, method-specific funding fees and mixed authorisation references across current and older Liquid Brokers materials.
Sources checked
Source date: 2026-06-03. Primary-source URLs below were checked directly for the current brief; no third-party broker databases were used for Liquid Markets facts.
- Liquid Brokers accounts: www.liquidbrokers.com/accounts
- Liquid Brokers account types FAQ: liquidbrokers.kb.help/trading-account-types/
- Liquid Brokers deposits: liquidbrokers.kb.help/deposits-methods-steps-and-local-currency-options/
- Liquid Brokers withdrawals: liquidbrokers.kb.help/withdrawal-methods-steps-and-thai-banking/
- Liquid Brokers commission information: liquidbrokers.kb.help/commission-information/
- ASIC Pulse Markets cancellation: www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-027mr-asic-cancels-afs-licence-of-pulse-markets-for-serious-and-sustained-breaches-of-duties/
- ABN Lookup Liquid Markets Pty Ltd: abr.business.gov.au/ABN/View?abn=79664904027
- SmartProfitFX FAQs: smartprofitfx.com/resources/faqs
- Eightcap account types: www.eightcap.com/en/account-types/
- Eightcap deposits and withdrawals: www.eightcap.com/en/deposit-withdrawals/
- Eightcap legal documents: www.eightcap.com/en/legal-documents/
Related comparisons
Compare Liquid Markets with other detailed comparisons where crypto funding, account costs and entity wording need careful handling.
Compare the sources before opening
If SmartProfitFX powered by Eightcap is the better fit, use the SmartProfitFX account link so the account opens through SmartProfitFX.
