LQDFX | FinTelegram News

Tag: LQDFX

June 12, 2023

Red-Listed Offshore Broker LQDFX Changes Jurisdictions and Offers Leverage Boost 1:1000

Red-listed offshore broker LQDFX has been on our radar for about two years. The scheme was founded by the well-known fintech entrepreneur Ozan Ozerk a/k/a Ozan Özerk, who founded several regulated ventures, including OpenPayd or EuroTrader. The UK FCA recently warned against the offshore broker LQDFX,which is now operated via Saint Lucia and Bulgaria. The broker announced a 1:1000 leverage boost for micro accounts. Be very cautious.

March 2, 2023

Red Compliance Rating For Unauthorized Offshore Broker LQDFX

Offshore broker LQDFX has been on our radar for about two years now. The scheme was founded by the well-known fintech entrepreneur Ozan Ozerk a/k/a Ozan Özerk, who founded several regulated ventures, including OpenPayd or EuroTrader. The UK FCA recently warned against the offshore broker LQDFX, which operates without regulatory permission in the United States, EEA, and UAE. We have added the broker to our Red Compliance list.

December 23, 2022

Offshore Broker LQDFX Facilitated By Confirmo And PayRedeem!

Offshore broker LQDFX has been on our radar for about two years now. The founder is the well-known fintech entrepreneur Ozan Ozerk a/k/a Ozan Özerk, who founded several regulated companies in the UK, Lithuania, and other EEA jurisdictions such as OpenPayd or EuroTrader. The UK FCA has recently issued a warning against the offshore broker LQDFX, violating the EEA regimes' regulatory requirements. The offshore broker is facilitated by the crypto payment processor Confirmo. It also accepts payment cards issued by PayRedeem.

November 25, 2022

Ozan Ozerk’s Eurotrader Acquired Itself An FCA License To Continue Expansion-Spree!

Ozan Ozerk is a FinTech entrepreneur with many interests. He is the founder of the European Merchant Bank (EMBank) in Lithuania and FCA-regulated OpenPayd. On his website www.ozanozerk.com, Ozerk explains himself in epic terms. He founded the CySEC-regulated broker EuroTrader in 2018. Even before that, in 2016, he was involved in establishing the offshore broker LDQFX, which, at least until some time ago, was connected with EuroTrader, which has now secured an FCA license.

November 24, 2022

Regulatory Warning Against Offshore Broker Scheme LQDFX!

Offshore broker LQDFX has been on our radar for about two years now. This is also because of its interesting background. The founder is the well-known fintech entrepreneur Ozan Ozerk, who founded several regulated companies in the UK, Lithuania, and other EEA jurisdictions. OpenPayd or EuroTrader are projects of Ozan Ozerk. The UK FCA has recently issued a warning against the offshore broker LQDFX, violating the EEA regimes' regulatory requirements.

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December 21, 2021

CySEC Compliance! Be careful with the bonus program of offshore broker EuroTrader!

Self-proclaimed FinTech guru Dr. Ozan Ozerk controls EuroTrader Group and its twin scheme LQDFX. Eurotrade Investments RGB Ltd d/b/a EuroTrader with the approved domain www.eurotrader.eu is a CySEC-regulated investment firm (CIF) with license number 279/15. Through the license passporting scheme, EuroTrader can offer its services in other EU regulatory regimes. Eurotrade SA (Pty) Ltd, registered and regulated in South Africa, on the other hand, is not allowed to offer regulated financial services in the EU. However, it does but its bonus program is a joke!

October 9, 2021

The illegal offshore broker LQDFX and its EuroTrader connections!

This Canadian BCSC recently issued a warning against the illegally operating offshore broker LQDFX (www.lqdfx.com). LQD Limited in the Marshall Islands is the operator. This unregulated offshore broker has been co-founded and controlled by Ozan Ozerk, a director and beneficial owner of the CySEC-regulated EuroTrader Group, and his partner Soteris Georgiou. LQDFX and the offshore EuroTrader broker schemes illegally acquires investors in Europe and North America and onboard clients in deliberate violation of KYC/AML procedures!

October 9, 2021

The new EuroTrader Group of Ozan Ozerk regulated by CySEC and FSCA

EuroTrader is a forex and CFD broker brand owned and operated by the EuroTrader Group, a group of regulated companies owned by the fintech entrepreneur Ozan Ozerk. Until at least April 2021, the latter has also been one of the founders and beneficial owners behind the offshore broker LQDFX. Since we published our report about the EuroTrader Group in April 2021 and exposed the offshore activities around the Marshall Islands-registered EuroTrade Global Ltd, some significant changes have been made.

April 12, 2021

EuroTrader Update – Ozan Ozerk, Soteris Georgiou, domains, and legal entities

We have brought a first report on the activities of brokers brands EuroTrader and LQDFX some ago. The EuroTrader group is regulated by CySEC for its activities in the EU. However, besides that, the group operates offshore mutations via entities in the Marshall Islands and South Africa. The FinTech emperor Ozan Ozerk controls both EuroTrader and the unregulated LQDFX. The British accountant Soteris Georgiou is also registered as Ozerk's long-time partner and accountant as the offshore entities' beneficial owner. Here is an update.

February 19, 2021

Ozan Ozerk’s Eurotrade Group with CySec-regulated EuroTrader and LQFX

FinTech entrepreneur Ozan Ozerk is a remarkable man. He has built an impressive empire of regulated and unregulated FinTech companies in various jurisdictions over the last few years. These include European Merchant Bank in Lithuania, Ozan Ödeme Hizmetleri ve Elektronik Para AŞ in Turkey, and several FCA-regulated institutions in the UK. This is the official site of Ozan Ozerk, which he runs through his Akce Group and OpenPayd Group. Then there are his gambling and forex empires.

The SoftSwiss Connection: The War Between CoinsPaid and Ex-Director Frédéric Hubin!

A corporate war has erupted between Frédéric Hubin, former director of CoinsPaid, and the crypto payment processor itself. In an explosive LinkedIn post from April 2025, Hubin accuses CoinsPaid of processing payments for illegal SoftSwiss casinos, operating with negative equity, and being backed by Russian owners linked to controversial business networks. Meanwhile, CoinsPaid has partnered with Payabl in legal action against FinTelegram.

Hacking

Coinbase Breach Exposes Compliance Gaps: Criminals Stole Customer Data—$20M Bug Bounty Offered

Coinbase has revealed that unknown criminal actors exploited a zero-day vulnerability in a third-party library, enabling them to steal sensitive customer data. While no funds were lost, the breach highlights systemic compliance and operational risks in the crypto industry's cybersecurity infrastructure. The platform has responded with a $20 million bug bounty.

Sam Altman’s Olive Oil Moment: How Graza Became the First Cyber Society EVOO Brand

A Financial Times video interview with OpenAI CEO Sam Altman unexpectedly turned into a viral marketing miracle for a small olive oil brand called Graza. Altman was seen cooking with Graza’s “Drizzle” olive oil—meant for finishing, not cooking—sparking an online debate and catapulting the brand into global awareness. It’s a case study in how digitally native consumer brands can hijack moments.

Chasing René Benko’s Loot: New Investigations Target Benko’s Wife

In recent days, the Austrian Economic and Corruption Prosecutor’s Office (WKStA) has significantly expanded its investigations into the collapse of the Signa Group and its founder, René Benko. According to multiple Austrian media reports, new house searches have taken place at properties belonging to Benko’s wife, Natalie Benko, and his brother in Tyrol.

Crypto’s Dark Side: Money Laundering Scandals Are Reshaping the Cyber Finance Landscape

The $4.2 billion criminal settlement with Binance and the sentencing of its founder, Changpeng Zhao (CZ), was not an isolated event—it marked the beginning of a new regulatory era. In 2024 and 2025, multiple crypto platforms have come under fire for facilitating money laundering, especially in connection with online gambling, cyber fraud, and unregulated exchanges.