Hello,
I would know some opinions about Liberty Reserve. Does someone use it? Is it safe? I would park 10K$ on it and transfer it to my broker (I still have not decided about it, probably HotForex or Pepperstone).
Pls help me
Liberty Reserve can be consider as safe. You must enter the code and etc before you are able to send payment. You can’t do. I have use it for years and I found it useful. The only problem is: if you are going to withdraw the money from it, you need to find a reliable exchanger.
I guess liberty reserve is safe, the thing is just be sure to do all the verifications so you wont have any trouble in the future, moneybookers is another good option and eassy to deal with. and best of luck in choosing your broker, both are good.
Several my friend already got problem on Liberty Reserve. They got hacked by hacker. Seems Liberty Reserve not save. I prefer pick wire transfer or credit card payment than Liberty Reserve…
sorry to hear about your friends, I guess LR is not how it used to be a couple of years back, I remember them being one of the most competative along side paypal and alertpay.
Sorry too hear this fact that u dont know what they are. Read CFTC & NFA, read FSA regulation too. They not permitted this third party as our payment. Look big broker like FXCM, FXDD, OANDA, Forex.com, IBFX who already ‘old’ (<2002) on fx business not usin LR as their payment method. Only not healthy small broker that usin this method. What broker u use jingoy?? so i can investigate for u. U re pityful, coz dont know the fact behind why big old broker dont usin LR. Sorry but no offense 
It is very reliable and safe, i’m using myself…don’t treat it like a bank were you leave funds lying there,
just transfer funds into your platform as soon as you see the money reflect in your LR account
Try find my point. Read CFTC & NFA regulation, or FSA… Find the truth for our self
non taken no worries and I appreciate it I mean I’ve learned something new today, I trade with hotforex but I do not really use LR, there was a time a couple of years ago when i was into small online businesses where LR and Alertpay was competitive but I had no Idea they had such a bad background. speaking of which even before posting here I was reading another thread about money being pending due to liberty reserve and I think this is really bad! thanks for the heads up spidy
Yes it is pretty safe but i generally recommend Moneybookers than Liberty Reserve. Why? I dont know i just find it more appealing to me.
I still don’t understand why some people don’t like to do a simple bank transfer? I also don’t like brokers that do not allow bank transfers. Just wire the money using your bank to the broker’s bank. Much easier and safer.
I have use liberty reserve since a years ago, and i never got problem with it, so in my opinion liberty reserve is safe to make transaction… 
I guess some retail traders try to avoid wire transfer fees, like for a small transfer the fees can be really big. 
but on the other hand for larger amount the fees are not noticeable so its the choice of traders with bigger investments
Liberty Reserve is safe but you have to be sure which service provider you are using. Xchange Emoney is very safe in dealing with liberty reserve. Verify here: xchangeemoney (dot) com